MSB Income Statement - MESABI TRUST

Complete source-backed income-statement history.

Available history: 2010-01-31 to 2026-04-30
Data captured: 2026-09-04

Historical Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2026-04-30	$2.25M	$1.16M	—	—	—	—	—	—	—	—	$1.09M	$0.0829	—	13,120,010	—
2025-10-31	$3.59M	$822,987.00	—	—	—	—	—	—	—	—	$2.77M	$0.2109	—	13,120,010	—
2025-07-31	$5.61M	$862,873.00	—	—	—	—	—	—	—	—	$4.74M	$0.3616	—	13,120,010	—
2025-04-30	$4.73M	$1.1M	—	—	—	—	—	—	—	—	$3.63M	$0.2768	—	13,120,010	—
2025-01-31	$6.85M	$786,289.00	—	—	—	—	—	—	—	—	$6.07M	$0.4621	—	0	—
2024-10-31	$79M	$676,315.00	—	—	—	—	—	—	—	—	$78.33M	$5.9699	—	13,120,010	—
2024-07-31	$6.49M	$1.09M	—	—	—	—	—	—	—	—	$5.4M	$0.4114	—	13,120,010	—
2024-04-30	$6.25M	$2.77M	—	—	—	—	—	—	—	—	$3.48M	$0.2655	—	13,120,010	—
2024-01-31	$6.23M	$1.54M	—	—	—	—	—	—	—	—	$4.69M	$0.3576	—	0	—
2023-10-31	$4.9M	$810,000.00	—	—	—	—	—	—	—	—	$4.09M	$0.3114	—	13,120,010	—
2023-07-31	$9.89M	$705,901.00	—	—	—	—	—	—	—	—	$9.18M	$0.6999	—	13,120,010	—
2023-04-30	$1.85M	$825,710.00	—	—	—	—	—	—	—	—	$1.02M	$0.078	—	13,120,010	—
2023-01-31	-$2.17M	$842,893.00	—	—	—	—	—	—	—	—	-$3.02M	-$0.2295	—	0	—
2022-10-31	$84,681.00	$498,373.00	—	—	—	—	—	—	—	—	-$413,692.00	-$0.0315	—	13,120,010	—
2022-07-31	-$4.37M	$490,560.00	—	—	—	—	—	—	—	—	-$4.86M	-$0.3702	—	13,120,010	—
2022-04-30	$14.2M	$601,063.00	—	—	—	—	—	—	—	—	$13.6M	$1.0362	—	13,120,010	—
2022-01-31	$18.48M	$511,778.00	—	—	—	—	—	—	—	—	$17.44M	$1.3292	—	0	—
2021-10-31	$15.84M	$365,301.00	—	—	—	—	—	—	—	—	$15.99M	$1.219	—	13,120,010	—
2021-07-31	$27.74M	$988,185.00	—	—	—	—	—	—	—	—	$26.76M	$2.0393	—	13,120,010	—
2021-04-30	$9.4M	$828,781.00	—	—	—	—	—	—	—	—	$8.57M	$0.6535	—	13,120,010	—
2021-01-31	$10.86M	$832,540.00	—	—	—	—	—	—	—	—	$9.99M	$0.7616	—	0	—
2020-10-31	$5.74M	$610,856.00	—	—	—	—	—	—	—	—	$5.13M	$0.3907	—	13,120,010	—
2020-07-31	$7.22M	$542,382.00	—	—	—	—	—	—	—	—	$6.68M	$0.5088	—	13,120,010	—
2020-04-30	$2.14M	$557,142.00	—	—	—	—	—	—	—	—	$1.61M	$0.1228	—	13,120,010	—
2020-01-31	$5.84M	$535,356.00	—	—	—	—	—	—	—	—	$5.08M	$0.3876	—	0	—
2019-10-31	$6.49M	$410,645.00	—	—	—	—	—	—	—	—	$6.15M	$0.4688	—	13,120,010	—
2019-07-31	$14.3M	$432,537.00	—	—	—	—	—	—	—	—	$13.91M	$1.0603	—	13,120,010	—
2019-04-30	$5.36M	$556,585.00	—	—	—	—	—	—	—	—	$4.91M	$0.3743	—	13,120,010	—
2019-01-31	$7.63M	$697,244.00	—	—	—	—	—	—	—	—	$6.79M	$0.5168	—	0	—
2018-10-31	$13.89M	$388,781.00	—	—	—	—	—	—	—	—	$13.59M	$1.0354	—	13,120,010	—
2018-07-31	$19.13M	$280,497.00	—	—	—	—	—	—	—	—	$18.87M	$1.4384	—	13,120,010	—
2018-04-30	$6.65M	$368,199.00	—	—	—	—	—	—	—	—	$6.32M	$0.4814	—	13,120,010	—
2018-01-31	$4.61M	$309,121.00	—	—	—	—	—	—	—	—	$4.26M	$0.3249	—	0	—
2017-10-31	$10.9M	$227,330.00	—	—	—	—	—	—	—	—	$10.7M	$0.8154	—	13,120,010	—
2017-07-31	$14.23M	$240,493.00	—	—	—	—	—	—	—	—	$14M	$1.0668	—	13,120,010	—
2017-04-30	$4.76M	$295,046.00	—	—	—	—	—	—	—	—	$4.47M	$0.3408	—	13,120,010	—
2017-01-31	$4.83M	—	—	—	—	—	—	—	—	—	$4.57M	$0.3478	—	0	—
2016-10-31	$3.44M	—	—	—	—	—	—	—	—	—	$3.21M	$0.2445	—	13,120,010	—
2016-07-31	$2.61M	—	—	—	—	—	—	—	—	—	$2.42M	$0.1845	—	13,120,010	—
2016-04-30	$1,679.00	—	—	—	—	—	—	—	—	—	-$430,252.00	-$0.0328	—	13,120,010	—
2016-01-31	$3.05M	—	—	—	—	—	—	—	—	—	$2.73M	$0.2079	—	0	—
2015-10-31	$2.62M	—	—	—	—	—	—	—	—	—	$2.4M	$0.1831	—	13,120,010	—
2015-07-31	$2.74M	—	—	—	—	—	—	—	—	—	$2.48M	$0.1893	—	—	—
2015-04-30	$1.32M	—	—	—	—	—	—	—	—	—	$940,266.00	$0.0717	—	—	—
2015-01-31	$5.93M	—	—	—	—	—	—	—	—	—	$5.67M	$0.4327	—	—	—
2014-10-31	$11.78M	—	—	—	—	—	—	—	—	—	$11.54M	$0.8795	—	—	—
2014-07-31	$7.86M	—	—	—	—	—	—	—	—	—	$7.42M	$0.5653	—	—	—
2014-04-30	$503,435.00	—	—	—	—	—	—	—	—	—	$137,218.00	$0.0105	—	—	—
2014-01-31	$5.33M	—	—	—	—	—	—	—	—	—	$5.09M	$0.3883	—	—	—
2013-10-31	$6.35M	—	—	—	—	—	—	—	—	—	$6.14M	$0.4677	—	—	—
2013-07-31	$7.83M	—	—	—	—	—	—	—	—	—	$7.62M	$0.5812	—	—	—
2013-04-30	$2.53M	—	—	—	—	—	—	—	—	—	$2.2M	$0.1679	—	—	—
2013-01-31	$4.99M	—	—	—	—	—	—	—	—	—	$4.79M	$0.3644	—	—	—
2012-10-31	$11.81M	—	—	—	—	—	—	—	—	—	$11.62M	$0.886	—	—	—
2012-07-31	$11.06M	—	—	—	—	—	—	—	—	—	$10.87M	$0.8288	—	—	—
2012-04-30	$3.69M	—	—	—	—	—	—	—	—	—	$3.37M	$0.2569	—	—	—
2012-01-31	$6.58M	—	—	—	—	$293,158.00	—	—	—	—	$6.29M	$0.4787	—	—	—
2011-10-31	$13.97M	—	—	—	—	$212,068.00	—	—	—	—	$13.76M	$1.0485	—	—	—
2011-07-31	$10.33M	—	—	—	—	$200,981.00	—	—	—	—	$10.13M	$0.7723	—	—	—
2011-04-30	$3.28M	—	—	—	—	—	—	—	—	—	$3.06M	$0.2335	—	—	—
2011-01-31	$5.54M	—	—	—	—	$266,382.00	—	—	—	—	$5.27M	$0.4015	—	—	—
2010-10-31	$11.58M	—	—	—	—	$179,747.00	—	—	—	—	$11.4M	$0.8686	—	—	—
2010-07-31	$11.23M	—	—	—	—	$224,686.00	—	—	—	—	$11.01M	$0.8391	—	—	—

Annual Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2025-01-31	$98.6M	$5.32M	—	—	—	—	—	—	—	—	$93.27M	$7.109	—	13,120,010	—
2024-01-31	$22.86M	$3.88M	—	—	—	—	—	—	—	—	$18.98M	$1.447	—	13,120,010	—
2023-01-31	$7.74M	$2.43M	—	—	—	—	—	—	—	—	$5.31M	$0.405	—	13,120,010	—
2022-01-31	$71.46M	$2.69M	—	—	—	—	—	—	—	—	$68.77M	$5.241	—	13,120,010	—
2021-01-31	$25.95M	$2.54M	—	—	—	—	—	—	—	—	$23.41M	$1.784	—	13,120,010	—
2020-01-31	$31.99M	$1.94M	—	—	—	—	—	—	—	—	$30.06M	$2.291	—	13,120,010	—
2019-01-31	$47.29M	$1.73M	—	—	—	—	—	—	—	—	$45.56M	$3.472	—	13,120,010	—
2018-01-31	$34.5M	$1.07M	—	—	—	—	—	—	—	—	$33.42M	$2.548	—	13,120,010	—
2017-01-31	$10.89M	$1.12M	—	—	—	—	—	—	—	—	$9.76M	$0.744	—	13,120,010	—
2016-01-31	$9.72M	—	—	—	—	$1.16M	—	—	—	—	$8.56M	$0.652	—	13,120,010	—
2015-01-31	$26.08M	—	—	—	—	$1.31M	—	—	—	—	$24.77M	$1.888	—	13,120,010	13,120,010
2014-01-31	$22.05M	—	—	—	—	$988,864.00	—	—	—	—	$21.06M	$1.605	—	13,120,010	13,120,010
2013-01-31	$31.56M	—	—	—	—	$908,208.00	—	—	—	—	$30.65M	$2.336	—	—	13,120,010
2012-01-31	$34.16M	—	—	—	—	$920,994.00	—	—	—	—	$33.24M	$2.533	—	—	13,120,010
2011-01-31	$33.34M	—	—	—	—	$878,677.00	—	—	—	—	$32.46M	$2.474	—	—	—
2010-01-31	$13.24M	—	—	—	—	—	—	—	—	—	$12.42M	$0.947	—	—	—