Mesabi Trust Reports Net Income of $5.4M for Q2 2025; Distributions Declared at $0.3000 per Unit

Mesabi Trust has released its financial results for the three and six months ended July 31, 2025. The Trust reported net income per unit based on 13,120,010 units outstanding during all periods presented. The financial position as of July 31, 2025, and the results of operations for the periods ended July 31, 2025, and 2024, show adjustments necessary for fair statement have been made. Revenue recognition aligns with ASC 606, with all revenue recognized as performance obligations are satisfied. Mesabi Trust holds interests formerly owned by Mesabi Iron Company, including rights related to iron ore pellet production and shipments. The Trust’s financial statements provide insights into the results of operations and cash flows for the specified periods. The Trust advises consultation of future reports for additional disclosures. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mesabi Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-090029), on September 15, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here