Mag Magna MGNC
OTC MGNC
$0.55 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Mag Magna (MGNC) Operating Expenses (2023 - 2026)

Mag Magna (MGNC) posted Operating Expenses of $131125.0 for Q1 2026, up 1699.19% on a QoQ basis from $7288.0 in Q4 2025, and up 386.3% year-over-year from $26964.0 in Q1 2025.

Analysis

Mag Magna (MGNC) Operating Expenses (2023 - 2026) Analysis & Trends

Mag Magna has reported Operating Expenses for 4 years, with the latest figure at $131125.0 in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 386.3% year-over-year to $131125.0 in Q1 2026; TTM through Jan 2026 was $257639.0, a 136.25% increase from a year earlier, with the FY2025 full-year figure at $102161.0, up 80.9% from the prior year.
  • Operating Expenses was $131125.0 for Q1 2026 at Mag Magna, up from $7288.0 in the prior quarter.
  • The five-year high for Operating Expenses was $131125.0 in Q1 2026, with the low at $3534.0 in Q2 2023.
  • Average Operating Expenses over 4 years is $32583.9, with a median of $23142.5 recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 910.05% in 2024, then tumbled 73.08% in 2025.
  • Over 4 years, Operating Expenses stood at $7071.0 in 2023, then soared by 282.9% to $27075.0 in 2024, then sank by 73.08% to $7288.0 in 2025, then jumped by 1699.19% to $131125.0 in 2026.
  • The last three Operating Expenses figures came in at $131125.0 (Q1 2026), $7288.0 (Q4 2025), and $90425.0 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 USA Rare Earth 4.31 Bn 4.31 Bn -1.58 Mn 44.73 Mn
2 Evolution Metals & Technologies 1.88 Bn 1.88 Bn -115,000.00 12.07 Mn
3 Niocorp Developments 143.72 Mn -163.29 Mn - 9.50 Mn
4 DyTb 71.56 Mn 71.56 Mn - 1.35 Mn
5 Critical Metals 8.39 Mn -7.05 Bn - -151,275.66
6 Mag Magna 3.35 Mn 3.32 Mn - 131,125.00
Historic Data

Historic Data

Download Data
DateValue
Jan 31, 2026 131,125.00
Oct 31, 2025 7,288.00
Jul 31, 2025 90,425.00
Apr 30, 2025 28,801.00
Jan 31, 2025 26,964.00
Oct 31, 2024 27,075.00
Jul 31, 2024 19,321.00
Apr 30, 2024 35,695.00
Jan 31, 2024 6,284.00
Oct 31, 2023 7,071.00
Jul 31, 2023 7,424.00
Apr 30, 2023 3,534.00