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Mag Magna Corp Financials

MGNC
Source SEC Filings (10-K/10-Q) Data as of Jan 31, 2026 Currency USD FYE April

This page shows Mag Magna Corp (MGNC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MGNC FY2025

Mag Magna’s dominant mechanic is external financing sustaining a business whose overhead still outweighs operating scale and internal cash generation.

FY2025 revenue rebounded to $50K from $6K, but operating cash burn was still -$62K after -$108K in FY2024. Because financing supplied $117K while investing used -$55K, the company’s activity improved faster than its ability to fund itself through recurring operations.

Liquidity pressure is concentrated in the short term: in FY2025, current assets were only $9K against current liabilities of $157K. With negative equity still at -$37K and total liabilities entirely current, the balance sheet is being carried more by ongoing support than by retained capital for working capital needs.

The cost base expanded with the revenue rebound, not after it: SG&A climbed to $102K from $56K. Even though return on assets improved to -43.4% from -64.8%, expenses still sat above sales, so the business became less loss-heavy without becoming self-supporting at this scale.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Mag Magna Corp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Safe
24.16

Mag Magna Corp scores 24.16, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($7.6M) relative to total liabilities ($157K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
4/7

Mag Magna Corp passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality
1.18x

For every $1 of reported earnings, Mag Magna Corp generates $1.18 in operating cash flow (-$62K OCF vs -$52K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-26128.0x

Mag Magna Corp earns $-26128.0 in operating income for every $1 of interest expense (-$52K vs $2). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$50K
YoY+791.2%

Mag Magna Corp generated $50K in revenue in fiscal year 2025. This represents an increase of 791.2% from the prior year.

EBITDA
-$36K
YoY+22.5%

Mag Magna Corp's EBITDA was -$36K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.5% from the prior year.

Net Income
-$52K
YoY-2.8%

Mag Magna Corp reported -$52K in net income in fiscal year 2025. This represents a decrease of 2.8% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
N/A
Dividends Per Share
N/A
Shares Outstanding
6M
YoY+0.0%

Mag Magna Corp had 6M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
-104.7%
YoY+803.8pp

Mag Magna Corp's operating margin was -104.7% in fiscal year 2025, reflecting core business profitability. This is up 803.8 percentage points from the prior year.

Net Margin
-104.7%
YoY+803.4pp

Mag Magna Corp's net profit margin was -104.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 803.4 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

MGNC Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $0 $0 N/A $6K-71.8% $22K+39.0% $16K+203.1% $5K N/A
Cost of Revenue N/A N/A N/A N/A N/A $9K+112.3% $4K N/A
Gross Profit N/A N/A N/A N/A N/A $7K+650.5% $893 N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $131K+1699.2% $7K-91.9% $90K+214.0% $29K+6.8% $27K-0.4% $27K+40.1% $19K N/A
Operating Income -$131K-1699.2% -$7K+91.9% -$90K-301.5% -$23K-382.3% -$5K+57.7% -$11K+21.3% -$14K N/A
Interest Expense N/A N/A N/A N/A N/A N/A $2 N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$131K-1698.9% -$7K+91.9% -$90K-301.5% -$23K-382.3% -$5K+57.7% -$11K+21.3% -$14K N/A
EPS (Diluted) $-0.02 $0.00 N/A N/A $0.00 $0.00 N/A N/A

MGNC Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $1.9M+1603.4% $113K-6.1% $120K-16.6% $144K+63.9% $88K-23.2% $115K+46.2% $78K-9.6% $87K
Current Assets $26K+182.5% $9K0.0% $9K-64.0% $26K+28.6% $20K-52.2% $42K+2718.4% $2K-98.0% $74K
Cash & Equivalents $26K $0 N/A $0 $0-100.0% $8K N/A $0
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A $6K N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $502K+219.2% $157K0.0% $157K-31.0% $228K+52.9% $149K-12.8% $171K+38.3% $124K+4.8% $118K
Current Liabilities $502K+219.2% $157K0.0% $157K-31.0% $228K+52.9% $149K-12.8% $171K+38.3% $124K+4.8% $118K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $1.4M+3337.4% -$44K-19.8% -$37K+55.9% -$83K-37.1% -$61K-8.3% -$56K-24.5% -$45K-45.2% -$31K
Retained Earnings -$350K-59.9% -$219K-3.4% -$211K-74.7% -$121K-22.9% -$99K-5.0% -$94K-13.3% -$83K-20.4% -$69K

MGNC Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow -$3K+76.3% -$15K+78.1% -$67K-119.2% -$30K-466.9% -$5K+78.8% -$25K-4402.5% -$562+99.4% -$91K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$15K N/A N/A -$55K $0 N/A N/A N/A
Financing Cash Flow $44K $0-100.0% $67K-22.1% $85K+3254.9% -$3K-108.1% $33K+5836.1% $562-99.3% $79K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

MGNC Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin N/A N/A N/A N/A N/A 41.8%+24.9pp 16.9% N/A
Operating Margin N/A N/A N/A -358.8%-337.9pp -20.9%+47.8pp -68.8%+196.2pp -265.0% N/A
Net Margin N/A N/A N/A -358.8%-337.9pp -20.9%+47.8pp -68.8%+196.2pp -265.0% N/A
Return on Equity -9.2% N/A N/A N/A N/A N/A N/A N/A
Return on Assets -6.8%-0.4pp -6.5%+68.7pp -75.1%-59.5pp -15.6%-10.3pp -5.3%+4.3pp -9.6%+8.3pp -17.9% N/A
Current Ratio 0.050.0 0.060.0 0.06-0.1 0.11-0.0 0.14-0.1 0.25+0.2 0.01-0.6 0.62
Debt-to-Equity 0.35 N/A N/A N/A N/A N/A N/A N/A
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$37K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.06), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Mag Magna Corp (MGNC) reported $50K in total revenue for fiscal year 2025. This represents a 791.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Mag Magna Corp (MGNC) revenue grew by 791.2% year-over-year, from $6K to $50K in fiscal year 2025.

No, Mag Magna Corp (MGNC) reported a net income of -$52K in fiscal year 2025, with a net profit margin of -104.7%.

Mag Magna Corp (MGNC) had EBITDA of -$36K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Mag Magna Corp (MGNC) had an operating margin of -104.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Mag Magna Corp (MGNC) had a net profit margin of -104.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Mag Magna Corp (MGNC) generated -$62K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Mag Magna Corp (MGNC) had $120K in total assets as of fiscal year 2025, including both current and long-term assets.

Mag Magna Corp (MGNC) had 6M shares outstanding as of fiscal year 2025.

Mag Magna Corp (MGNC) had a current ratio of 0.06 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Mag Magna Corp (MGNC) had a return on assets of -43.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Mag Magna Corp (MGNC) has negative shareholder equity of -$37K as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Mag Magna Corp (MGNC) has an Altman Z-Score of 24.16, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Mag Magna Corp (MGNC) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Mag Magna Corp (MGNC) has an earnings quality ratio of 1.18x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Mag Magna Corp (MGNC) has an interest coverage ratio of -26128.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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