MESABI TRUST
Financial highlights
| Metric | FY 01/31/25 | FY 12/31/24 | FY 01/31/24 | FY 01/31/23 | FY 01/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $98.6M | — | $22.9M | $7.7M | $71.5M |
| Cost of revenue | $5.3M | — | $3.9M | $2.4M | $2.7M |
| Net income | $93.3M | — | $19.0M | $5.3M | $68.8M |
| Balance Sheet | |||||
| Current assets | $101.7M | — | $26.7M | $14.1M | $53.9M |
| Total assets | $101.7M | — | $26.7M | $14.1M | $53.9M |
| Total liabilities | $78.4M | — | $5.7M | $2.7M | $23.1M |
| Stockholders' equity | $23.3M | — | $21.0M | $11.4M | $30.8M |
| Cash Flow Statement | |||||
| Cash from operations | $93.9M | — | $14.6M | $13.9M | $62.8M |
| Dividends paid | $17.7M | $4.6M | $4.6M | $47.6M | $37.5M |
Shares outstanding 13.1M · Free float 100.0%
Annual filing data through FY ended January 31, 2025; float as of July 8, 2026.