Mag Magna Corp. income statement MGNC

Annual Quarterly

In Q4 of fiscal 2026, the quarter ended Apr 30, 2026, Mag Magna Corp. reported revenue of $0, up 100.0% from the same quarter a year earlier. It recorded a net loss of $14.5 million. Diluted earnings per share were -$1.05.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	Q4 FY2026 Apr 30, 2026	Q3 FY2026 Jan 31, 2026	Q2 FY2026 Oct 31, 2025	Q1 FY2026 Jul 31, 2025	Q4 FY2025 Apr 30, 2025	Q3 FY2025 Jan 31, 2025	Q2 FY2025 Oct 31, 2024	Q1 FY2025 Jul 31, 2024
Revenue	0 +100.0%	0 -100.0%	0 -100.0%	—	-0	0 +430.8%	0 +1045.8%	0
Cost of revenue	—	—	—	—	—	—	0	0
Gross profit	—	—	—	—	—	—	0 +378.7%	0
Selling, general and administrative	0 +589.2%	0 +386.3%	0 -73.1%	0 +368.0%	-0 -172.3%	0 +329.1%	0 +282.9%	0
Operating income	-13 -75407.6%	-0 -2707.8%	-0 +33.9%	-0 -544.6%	-0	-0 -124.1%	-0 -94.6%	-0
Net income	-14 -64225.9%	-0 -2707.8%	-0 +33.9%	-0 -544.7%	-0 +36.9%	-0 -124.7%	-0 -94.7%	-0
Basic EPS	-1.05	-0.02	0.00	-0.02	—	0.00	0.00	0.00
Diluted EPS	-1.05	-0.02	0.00	-0.02	—	—	—	—
Weighted average shares, basic	14	6	6	—	—	—	—	—
Weighted average shares, diluted	14 +137.8%	6 +4.5%	6 +0.0%	6 +0.0%	6 +60.0%	6 +10.2%	6	6
Other measures
Depreciation and amortization	—	0 +221.3%	0 -100.0%	0 +212.1%	0 +339.3%	0 +216.6%	0 +189.7%	0
EBITDA	—	-0 -87530.1%	-0 -12.2%	-0 -611.0%	-0	-0 +79.6%	-0 -58.2%	-0
Interest coverage	—	—	—	—	—	—	—	-7,014.00x
Margins
Gross margin	—	—	—	—	—	—	41.78%	16.87%
Operating margin	—	—	—	—	40.81%	-20.95%	-68.79%	-265.03%
Profit margin	—	—	—	—	51.63%	-20.95%	-68.79%	-264.99%
EBITDA margin	—	—	—	—	30.40%	-0.60%	-40.48%	-220.91%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) (SIC 1400)
Listed as: MGNC (OTC)
Fiscal year ends: April 30
Incorporated in: WY
Headquarters: Las Vegas, NV
SEC filer status: Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK: 1949864
Former names: Mag Magna Corp. (until Aug 13, 2024)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.