MESABI TRUST MSB

Financials SIC 6795 - Mineral Royalty Traders NAICS Real Estate and Rental and Leasing › Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) derived NYSE

Last close 18.24 2026-10-23
Market cap $239.3M 2026-04-30 share count
52-week range 17.25 - 42.38

Valuation FY2024 figures against the last close

P/S2.4x
P/E—
P/FCF2.5x
EV/EBITDA—
Dividend yield1.9%
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Revenue $98.6M$22.9M$7.7M$71.5M$26.0M$32.0M$47.3M$34.5M$10.9M$9.7M
Cost of revenue $5.3M$3.9M$2.4M$2.7M$2.5M$1.9M$1.7M$1.1M$1.1M—
Gross profit $93.3M$19.0M$5.3M$68.8M$23.4M$30.1M$45.6M$33.4M$9.8M—
SG&A ———————$1.1M$1.1M$1.2M
Total operating expenses —————————$1.2M
Interest expense $2.0M$769.4K$245.7K$523.4K$35.5K$283.0K————
Net income $93.3M$19.0M$5.3M$68.8M$23.4M$30.1M$45.6M$33.4M$9.8M$8.6M
EPS, basic 7.111.450.415.241.782.293.472.550.740.65
Shares, diluted (wtd. avg.) 13.1M13.1M13.1M13.1M13.1M13.1M13.1M13.1M13.1M13.1M

Balance sheet

Fiscal year FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash and equivalents $100.2M$24.0M$14.0M$47.7M$12.5M$10.2M$881.8K$314.8K$13.7M$2.6M
Receivables $1.2M$2.0M$23.6K$4.6M$249.5K$69.6K$2.3M$2.0M——
Total current assets $101.7M$26.7M$14.1M$53.9M$22.9M$23.6M$35.5M$26.2M$14.2M$9.4M
Total assets $101.7M$26.7M$14.1M$53.9M$22.9M$23.6M$35.5M$26.2M$14.2M$9.8M
Total liabilities $78.4M$5.7M$2.7M$23.1M$6.5M$11.8M$18.6M$15.6M$4.0M$827.8K
Total equity $23.3M$21.0M$11.4M$30.8M$16.5M$11.8M$16.8M———

Cash flow

Fiscal year FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Operating cash flow $93.9M$14.6M$13.9M$62.8M$20.8M$34.6M$45.5M$29.5M$12.6M$8.2M
Investing cash flow ———$9.9M$3.4M$18.8M-$8.3M-$23.3M$5.7M-$5.4M
Dividends paid $4.6M$4.6M$47.6M$37.5M$21.9M$44.1M$36.6M$19.5M$7.2M$8.9M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001558370-25-005426.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 25M 50M 75M 100M Revenue, FY2015: 9.7M Net income, FY2015: 8.6M Revenue, FY2016: 10.9M Gross profit, FY2016: 9.8M Net income, FY2016: 9.8M Revenue, FY2017: 34.5M Gross profit, FY2017: 33.4M Net income, FY2017: 33.4M Revenue, FY2018: 47.3M Gross profit, FY2018: 45.6M Net income, FY2018: 45.6M Revenue, FY2019: 32M Gross profit, FY2019: 30.1M Net income, FY2019: 30.1M Revenue, FY2020: 26M Gross profit, FY2020: 23.4M Net income, FY2020: 23.4M Revenue, FY2021: 71.5M Gross profit, FY2021: 68.8M Net income, FY2021: 68.8M Revenue, FY2022: 7.7M Gross profit, FY2022: 5.3M Net income, FY2022: 5.3M Revenue, FY2023: 22.9M Gross profit, FY2023: 19M Net income, FY2023: 19M Revenue, FY2024: 98.6M Gross profit, FY2024: 93.3M Net income, FY2024: 93.3M FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Fiscal year FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue $9.7M $10.9M $34.5M $47.3M $32.0M $26.0M $71.5M $7.7M $22.9M $98.6M
Gross profit — $9.8M $33.4M $45.6M $30.1M $23.4M $68.8M $5.3M $19.0M $93.3M
Net income $8.6M $9.8M $33.4M $45.6M $30.1M $23.4M $68.8M $5.3M $19.0M $93.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6795

TickerCompanyMarket capP/ERevenue growth
RGLD ROYAL GOLD INC $19.27B 34.0x 43.2%
SSRM SSR MINING INC. $5.79B 15.3x 62.4%
SRL Scully Royalty Ltd. — — —
TFPM Triple Flag Precious Metals Corp. — — 44.5%
VMET Versamet Royalties Corp — — —