Mag Magna Corp
MGNCOTCMaterials · Agricultural Services · WY · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Revenue | $49,905 | $5,600 | — |
| Operating income | −$52,256 | −$50,875 | — |
| Net income | −$52,254 | −$50,853 | −$17,918 |
| Total assets | $144,297 | $86,772 | $17,206 |
| Total liabilities | $227,595 | $117,816 | $30,623 |
| Equity | −$83,298 | −$31,044 | −$13,417 |
| EPS (diluted) | $-0.01 | $-0.01 | $0.00 |
| Shares out. | 5.8M | 5.8M | 4.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −104.7%
- Net margin
- −104.7%
- Return on equity
- 62.7%
- Return on assets
- −36.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 157.7%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- 791.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -14.72distress
- Accruals / assets
- 6.4%moderate
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 4 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Mar 17, 2026
- NT 10-Qmissed a reporting deadline ↗Dec 16, 2025
- NT 10-Qmissed a reporting deadline ↗Sep 15, 2025
- NT 10-Kmissed a reporting deadline ↗Jul 29, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Mar 13, 2026 | 392 | 1.0 | -27.7% |
| Feb 27, 2026 | 542 | 1.0 | +38.3% |
| Feb 13, 2026 | 392 | 1.0 | -18.7% |
| Jan 30, 2026 | 482 | 1.0 | +70.3% |
| Jan 15, 2026 | 283 | 1.0 | -77.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Other material eventMar 31, 2026
- Other material eventMar 25, 2026
- Entered a material agreementMar 18, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleMar 9, 2026
- Director / officer changeFeb 13, 2026
- Entered a material agreement · Unregistered equity sale · Director / officer change · Amended charter or bylaws · Shareholder voteJan 27, 2026
- Change in control · Director / officer changeJan 27, 2026
- Changed auditorDec 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KMar 31, 2026
- 10-QFORM 10-Q FOR JAN 2026Mar 26, 2026
- 8-KFORM 8-KMar 25, 2026
- 8-KFORM 8-KMar 18, 2026
- NT 10-QEXTENSIONMar 17, 2026
- 8-KCURRENT REPORTMar 9, 2026
- 8-KCURRENT REPORTFeb 13, 2026
- S-8INITIAL REGISTRATION STATEMENTFeb 13, 2026
- 8-A12GFORM 8-A12(G)Feb 6, 2026
- 8-KCURRENT REPORTJan 27, 2026
- 8-KFORM 8-KJan 27, 2026
- 10-QFORM 10-Q FOR OCT 2025Jan 27, 2026
- 8-KDec 29, 2025
- NT 10-QFORM 12B-25Dec 16, 2025
- 10-QREPORT 10-QNov 14, 2025
Event-driven situations (1)
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