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How Mesabi Trust (MSB) makes money
Mesabi Trust (MSB) made $2.5M of revenue in the second quarter fiscal 2027 (Q2 FY27), -56% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 FY27 | % of revenue |
|---|---|---|
| Revenue | $2.5M | 100.0% |
| Operating cash flow | $249K | 10.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 FY27 | $2.5M | -56% |
| Q1 FY27 | $2.2M | -53% |
| Q4 FY26 | $3.6M | -48% |
| Q3 FY26 | $3.6M | -96% |
| Q2 FY26 | $5.6M | -14% |
| Q1 FY26 | $4.7M | -24% |
| Q4 FY25 | $6.9M | +10% |
From Mesabi Trust's 10-Q filed Sep 11, 2026 (on EDGAR).
Questions
How does Mesabi Trust make money?
Mesabi Trust (MSB) made $2.5M of revenue in the second quarter fiscal 2027 (Q2 FY27), -56% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.