Mag Magna Corp (MGNC) is a technology services company that sells consulting services and API request processing. Revenue is transactional, generated from fees charged for consulting engagements and API usage. The company is incorporated in Wyoming and headquartered in Guangdong Province, China, based on its 10-K filed 2025-07-23. Total revenue for the fiscal year ended April 30, 2025 was $49,905, up from $5,600 for the fiscal year ended April 30, 2024. The company began selling services in October 2023. Operating expenses for FY2025 were $102,161, exceeding revenue and producing an operating loss. Effective June 4, 2025, Wang Gang acquired approximately 77.20% of outstanding common shares from former president Oleg Bilinski for $564,380.50 in cash, constituting a change in control. The company owns no real property and carries a shareholder loan, originally $60,000 and amended to $120,000 as of March 11, 2024, extended by the former controlling shareholder for business development.

Revenue model

Transactional fees from consulting services and API requests. Total revenue was $49,905 for the fiscal year ended April 30, 2025 and $5,600 for the fiscal year ended April 30, 2024.

Products and services

Consulting services and API request processing, as disclosed in the 10-K filed 2025-07-23 for the fiscal year ended April 30, 2025.

Customers and end markets

Not disclosed in the filing excerpts. No customer counts, customer names, or end market descriptions are provided.

Value-chain role

Service provider of consulting and API-based technology services.

Geographic exposure

Headquartered in Guangdong Province, China, incorporated in Wyoming, USA, based on the 10-K filed 2025-07-23.

Source: SEC 10-K, filed 2025-07-23

Industry: Agricultural Services