MIND Technology Reports Q1 2025 Financial Results

MIND Technology ( (MIND) ) has shared an update.

On June 10, 2025, MIND Technology announced its financial results for the fiscal quarter ended April 30, 2025, revealing a revenue of $7.9 million, a significant drop from the previous quarter’s $15 million. The company reported an operating loss of $658,000 and a net loss of $970,000, attributing the decline to delayed shipments of $5.5 million worth of orders. Despite these setbacks, MIND’s cash flow from operations increased to $4.1 million, indicating improved liquidity. The backlog for Marine Technology Products was $21.1 million, and the company remains optimistic about future opportunities despite global economic uncertainties.

The most recent analyst rating on (MIND) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on MIND Technology stock, see the MIND Stock Forecast page.

Spark’s Take on MIND Stock

According to Spark, TipRanks’ AI Analyst, MIND is a Neutral.

MIND Technology’s overall stock score reflects a strong earnings call and solid valuation, indicating potential for future growth. The company’s return to profitability and improved financial stability are major strengths. However, concerns about revenue volatility and historical cash flow instability temper the score, alongside mixed technical indicators.

To see Spark’s full report on MIND stock, click here.

More about MIND Technology

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic, and security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom. Its Seamap unit designs, manufactures, and sells specialized, high-performance marine exploration and survey equipment.

Average Trading Volume: 162,055

Technical Sentiment Signal: Buy

Current Market Cap: $55.47M

For an in-depth examination of MIND stock, go to TipRanks’ Stock Analysis page.