In Q2 of fiscal 2027, the quarter ended Jul 31, 2026, Mesabi Trust reported revenue of $2.5 million, down 55.8% from the same quarter a year earlier. It recorded a net loss of $95,013.
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 |
TTM
Jul 31, 2026
|
Q2 FY2027
Jul 31, 2026
|
Q1 FY2027
Apr 30, 2026
|
Q3 FY2026
Oct 31, 2025
|
Q2 FY2026
Jul 31, 2025
|
Q1 FY2026
Apr 30, 2025
|
Q4 FY2025
Jan 31, 2025
|
Q3 FY2025
Oct 31, 2024
|
Q2 FY2025
Jul 31, 2024
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
|
2
-55.8%
|
2
-52.6%
|
4
-95.5%
|
6
-13.6%
|
5
-24.3%
|
7
+10.0%
|
79
+1513.6%
|
6
-34.4%
|
| Cost of revenue |
—
|
3
+198.5%
|
1
+5.0%
|
1
+21.7%
|
1
-21.0%
|
1
-60.1%
|
1
-48.8%
|
1
-16.5%
|
1
+54.7%
|
| Gross profit |
—
|
-0
-102.0%
|
1
-70.1%
|
3
-96.5%
|
5
-12.1%
|
4
+4.2%
|
6
+29.3%
|
78
+1816.9%
|
5
-41.2%
|
| Net income |
—
|
-0
-102.0%
|
1
-70.1%
|
3
-96.5%
|
5
-12.1%
|
4
+4.2%
|
6
+29.3%
|
78
+1816.9%
|
5
-41.2%
|
| Basic EPS |
—
|
-0.01
-102.0%
|
0.08
-70.1%
|
0.21
-96.5%
|
0.36
-12.1%
|
0.28
+4.3%
|
0.46
+29.3%
|
5.97
+1817.1%
|
0.41
-41.2%
|
| Weighted average shares, basic |
—
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
13
+0.0%
|
| Margins | |||||||||
| Gross margin |
—
|
-3.83%
|
48.42%
|
77.08%
|
84.61%
|
76.70%
|
88.53%
|
99.14%
|
83.17%
|
| Profit margin |
—
|
-3.83%
|
48.42%
|
77.08%
|
84.61%
|
76.70%
|
88.53%
|
99.14%
|
83.17%
|
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. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Mineral Royalty Traders (SIC 6795)
- Listed as
- MSB (NYSE)
- Fiscal year ends
- January 31
- Incorporated in
- NY
- Headquarters
- New York, NY
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 65172
Other Mineral Royalty Traders companies
- Royal Gold Inc RGLD
- Triple Flag Precious Metals Corp. TFPM
- SSR Mining Inc. SSRM
- Versamet Royalties Corp VMET
- Scully Royalty Ltd. SRL
Source: SEC EDGAR filings. This is company-reported data, not investment advice.