Event-Driven Stocks

Mag Magna Corp

MGNCOTC

Materials · Agricultural Services · WY · SEC filings ↗ · Compare ⊕

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Signs2 good4 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23
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.5.8M5.8M4.5M

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 Score
38
/ 100
Profitability 25Growth 100Catalyst 33Earnings quality 33Financial strength 0

Our 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 severe4 warning2 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

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
SettlementShares shortDays to coverΔ vs prior
Mar 13, 20263921.0-27.7%
Feb 27, 20265421.0+38.3%
Feb 13, 20263921.0-18.7%
Jan 30, 20264821.0+70.3%
Jan 15, 20262831.0-77.5%

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

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 ↗

Event-driven situations (1)

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