Business
Market for Registrant's Common Equity, Related Unitholder Matters and Issuer Purchases of Equity Securities 5 ITEM 6.
MESABI TRUST: Revenue grew 331.3% to $98.6M from $22.86M. Net income grew 391.3% to $93.27M from $18.98M. Operating cash flow grew 543.1% to $93.94M from $14.61M. Net margin expanded 1157 bps to 94.60%. MESABI TRUST's annual comparison also shows the manipulation screen is flagged and should be investigated as a warning rather than treated as proof.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 331.3% to $98.6M from $22.86MOK
- Profitability — Net income grew 391.3% to $93.27M from $18.98MOK
- Cash flow — Operating cash flow grew 543.1% to $93.94M from $14.61MOK
- Margins — Net margin expanded 1157 bps to 94.60%OK
- Accounting — Flagged statistical warning; not proofWatch
- Insiders — 0 purchases and 0 salesNote
Where the revenue comes from
Fiscal 2026, as MESABI TRUST reports it. History and quarterly detail are in the app.
- Royalties From Leases$15.8M
- Royalties From Lease Fees$750K
Latest filings
- 8-K · Company announcement2026-07-31
- 8-K · Company announcement2026-07-14
- 10-Q · Quarterly report2026-06-12
- 8-K · Company announcement2026-05-04
- 10-K · Annual report2026-04-22
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about MESABI TRUST, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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