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Side-by-side financial comparison of INNSUITES HOSPITALITY TRUST (IHT) and MESABI TRUST (MSB). Click either name above to swap in a different company.

MESABI TRUST is the larger business by last-quarter revenue ($3.6M vs $1.8M, roughly 2.0× INNSUITES HOSPITALITY TRUST). MESABI TRUST runs the higher net margin — 77.1% vs -19.8%, a 96.9% gap on every dollar of revenue. On growth, INNSUITES HOSPITALITY TRUST posted the faster year-over-year revenue change (-1.1% vs -95.5%). Over the past eight quarters, INNSUITES HOSPITALITY TRUST's revenue compounded faster (2.1% CAGR vs -24.1%).

InnSuites Hospitality Trust, based in Phoenix, Arizona, is a real estate investment trust that invests in lodging. While it is formed as a real estate investment trust, it is not classified as a real estate investment trust for tax purposes. The company owns interests in two hotels, operates three hotels, provides management for three hotels, and licenses its InnSuites trademark for five hotels. The company's hotel ownership interests are a 51.01% interest in the Best Western InnSuites Tucson...

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

IHT vs MSB — Head-to-Head

Bigger by revenue
MSB
MSB
2.0× larger
MSB
$3.6M
$1.8M
IHT
Growing faster (revenue YoY)
IHT
IHT
+94.4% gap
IHT
-1.1%
-95.5%
MSB
Higher net margin
MSB
MSB
96.9% more per $
MSB
77.1%
-19.8%
IHT
Faster 2-yr revenue CAGR
IHT
IHT
Annualised
IHT
2.1%
-24.1%
MSB

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
IHT
IHT
MSB
MSB
Revenue
$1.8M
$3.6M
Net Profit
$-356.9K
$2.8M
Gross Margin
77.1%
Operating Margin
-10.0%
Net Margin
-19.8%
77.1%
Revenue YoY
-1.1%
-95.5%
Net Profit YoY
-29.1%
-96.5%
EPS (diluted)
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IHT
IHT
MSB
MSB
Q4 25
$1.8M
$3.6M
Q3 25
$1.8M
$5.6M
Q2 25
$2.2M
$4.7M
Q1 25
$1.6M
$6.9M
Q4 24
$1.8M
$79.0M
Q3 24
$1.8M
$6.5M
Q2 24
$7.5M
$6.3M
Q1 24
$1.7M
$6.2M
Net Profit
IHT
IHT
MSB
MSB
Q4 25
$-356.9K
$2.8M
Q3 25
$-391.2K
$4.7M
Q2 25
$-121.0K
$3.6M
Q1 25
$-595.2K
$6.1M
Q4 24
$-276.4K
$78.3M
Q3 24
$-370.9K
$5.4M
Q2 24
$-148.6K
$3.5M
Q1 24
$-113.0K
$4.7M
Gross Margin
IHT
IHT
MSB
MSB
Q4 25
77.1%
Q3 25
84.6%
Q2 25
76.7%
Q1 25
88.5%
Q4 24
99.1%
Q3 24
83.2%
Q2 24
55.7%
Q1 24
75.3%
Operating Margin
IHT
IHT
MSB
MSB
Q4 25
-10.0%
Q3 25
-13.3%
Q2 25
10.1%
Q1 25
-30.9%
Q4 24
-7.1%
Q3 24
-15.5%
Q2 24
2.4%
Q1 24
-35.3%
Net Margin
IHT
IHT
MSB
MSB
Q4 25
-19.8%
77.1%
Q3 25
-21.7%
84.6%
Q2 25
-5.5%
76.7%
Q1 25
-36.4%
88.5%
Q4 24
-15.1%
99.1%
Q3 24
-20.2%
83.2%
Q2 24
-2.0%
55.7%
Q1 24
-6.5%
75.3%
EPS (diluted)
IHT
IHT
MSB
MSB
Q4 25
$-0.04
Q3 25
$-0.04
Q2 25
$-0.01
Q1 25
$-0.07
Q4 24
$-0.03
Q3 24
$-0.04
Q2 24
$-0.02
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IHT
IHT
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$11.3M
Stockholders' EquityBook value
$3.6M
$21.1M
Total Assets
$13.9M
$26.0M
Debt / EquityLower = less leverage
3.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHT
IHT
MSB
MSB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.3M
Total Debt
IHT
IHT
MSB
MSB
Q4 25
$11.3M
Q3 25
$11.2M
Q2 25
$10.5M
Q1 25
$10.7M
Q4 24
$10.3M
Q3 24
$10.0M
Q2 24
$9.7M
Q1 24
$9.7M
Stockholders' Equity
IHT
IHT
MSB
MSB
Q4 25
$3.6M
$21.1M
Q3 25
$4.0M
$22.8M
Q2 25
$4.4M
$19.6M
Q1 25
$4.6M
$23.3M
Q4 24
$5.2M
$95.3M
Q3 24
$5.5M
$22.1M
Q2 24
$6.0M
$20.7M
Q1 24
$6.2M
$21.0M
Total Assets
IHT
IHT
MSB
MSB
Q4 25
$13.9M
$26.0M
Q3 25
$14.2M
$24.8M
Q2 25
$14.0M
$27.4M
Q1 25
$14.2M
$101.7M
Q4 24
$15.0M
$100.7M
Q3 24
$15.1M
$26.2M
Q2 24
$15.3M
$25.1M
Q1 24
$15.7M
$26.7M
Debt / Equity
IHT
IHT
MSB
MSB
Q4 25
3.12×
Q3 25
2.82×
Q2 25
2.37×
Q1 25
2.34×
Q4 24
1.98×
Q3 24
1.81×
Q2 24
1.61×
Q1 24
1.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IHT
IHT
MSB
MSB
Operating Cash FlowLast quarter
$-145.1K
$3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHT
IHT
MSB
MSB
Q4 25
$-145.1K
$3.5M
Q3 25
$-153.0K
$4.4M
Q2 25
$279.8K
$2.1M
Q1 25
$-1.1M
$93.9M
Q4 24
$-146.7K
$78.2M
Q3 24
$-44.6K
$3.8M
Q2 24
$-459.4K
$2.5M
Q1 24
$1.4M
$14.6M
Cash Conversion
IHT
IHT
MSB
MSB
Q4 25
1.27×
Q3 25
0.92×
Q2 25
0.57×
Q1 25
15.48×
Q4 24
1.00×
Q3 24
0.71×
Q2 24
0.72×
Q1 24
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IHT
IHT

Room$1.7M96%
Other$74.1K4%

MSB
MSB

Segment breakdown not available.

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