MGNC Research | Milton Maxwell

MGNC

Mag Magna Corp.

1.2500

+0.2200+21.4%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

7.29M

P/E (TTM)

Basic EPS (TTM)

-0.02

Dividend Yield

Recent Filings

10-Q

11/14/25Nov 14, 2025

10-K

FY2025 results

7/23/25Jul 23, 2025

Mag Magna Corp posted FY2025 revenue of $49,905, up sharply from $5,600 in FY2024, fueled by new API subscription sales of $26,179 alongside $23,726 from consulting—yet operating expenses climbed to $102,161, yielding a net loss of $52,254, edging higher than the prior year's $50,853. Without quarterly breakdowns, the full-year surge hints at accelerating momentum from API launches in June 2024, though cash burn persisted at $61,558 in operations amid $55,000 invested in intangibles. Related-party loans funded the gap, ballooning to $221,927 before full forgiveness post-year-end. Liquidity stays precarious. Change in control hit in June 2025. Losses mount anyway.

8-K

Control change via stock purchase

6/13/25Jun 13, 2025

Mag Magna Corp. underwent a change in control on June 4, 2025, when Wang Gang acquired 4,500,000 shares—77.20% of outstanding common stock—from Oleg Bilinski for $564,380.50 in cash, plus 142,372 shares from other holders for $17,846.50. Bilinski and director Tomasz Anczok resigned, appointing Wang as sole director and all executive officers. Wang brings energy and retail experience. New control shifts strategy sharply.

10-Q

Q3 FY2025 results

3/17/25Mar 17, 2025

Mag Magna Corp posted Q3 FY2025 revenue of $22,294, up sharply from $4,200 a year earlier, fueled by new API requests alongside consulting services in antibiotic-free poultry farming. Yet operating expenses climbed to $26,964 from $6,284, yielding a $4,670 net loss versus $2,078 last year; for the nine months, revenue hit $43,628 against $5,600 prior, but net loss widened to $29,730 from $15,163 amid higher marketing and server costs. Revenue growth stems from API subscriptions launched in June 2024. Cash sits at zero, offset by $136,587 in interest-free related-party debt due on demand, with $20,200 in prepaids and $67,860 in net intangibles. No free cash flow disclosed in the 10-Q. Stockholders' deficit deepened to $60,774. Ongoing losses raise going concern doubts.

8-K

New independent director appointed

2/25/25Feb 25, 2025

Magna Corp appointed Tomasz Anczok as Independent Director effective February 21, 2025, bolstering its board with tech expertise. Anczok, a University of Economics and Human Sciences graduate, brings eight years scaling startups, specializing in API architectures and AI-driven data solutions. No related arrangements or conflicts exist. This addition sharpens governance amid growth ambitions.