Mind Gym (MIND) AI Stock Analysis

• Market Cap: £17.54M
• Dividend Yield: N/A
• Average Volume (3M): 2.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: -14.04%
• EPS Growth: 24.93%
• Country: UK
• Employees: 256
• Sector: Industrials
• Sector Strength: 85
• Industry: Specialty Business Services
• EPS (TTM): -0.07
• Shares Outstanding: 100,338,880
• 10 Day Avg. Volume: 4,514
• 30 Day Avg. Volume: 2,427
• PEG Ratio: 0.08
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ―

Mind Gym's overall score of 48 reflects significant financial challenges, including declining revenues and profitability issues. While technical indicators suggest a bearish trend, the company's strategic initiatives, including a return to adjusted EBITDA profitability and leadership enhancements, provide some optimism. However, concerns about valuation and lack of dividend yield remain.

Mind Gym Business Overview & Revenue Model

Company Description

Mind Gym plc operates as a behavioral science company in the United Kingdom, Singapore, the United States, and Canada. It offers research, strategic advice, management and employee development, employee communication, and related services. The company also provides various solutions for performance management; leadership development; diversity, equity, and inclusion; onboarding; personal effectiveness; respect; customer services; change; and ethics. Mind Gym plc was incorporated in 1999 and is based in London, the United Kingdom.

How the Company Makes Money

Mind Gym makes money by providing customized corporate training programs and workshops to businesses across various industries. The company generates revenue through fees charged for its training sessions, which can be delivered in-person or via digital platforms. Additionally, Mind Gym leverages its intellectual property and proprietary content to license its training modules and tools to organizations, creating additional revenue streams. The company may also form strategic partnerships with businesses to offer tailored solutions that align with specific corporate goals, further contributing to its earnings. Mind Gym's focus on scalability and adaptability in its offerings allows it to cater to a broad client base, maximizing its revenue potential.

Mind Gym Financial Statement Overview

Summary

Mind Gym faces challenges with declining revenues, negative profitability, and weakened cash flows. While it maintains a strong gross profit margin and a stable balance sheet with low leverage, recent operational inefficiencies and liquidity concerns need addressing to improve financial health.

Income Statement

Mind Gym experienced significant financial deterioration in the most recent year with a 18.3% decline in revenue and negative net profit margins, reflecting operational challenges. The company's gross profit margin remains strong at 86.2%, but the negative EBIT and EBITDA margins indicate inefficiencies. Historically, the company showed revenue growth, but recent declines are concerning.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.17, suggesting low leverage. However, the company's return on equity has turned negative due to recent losses. The equity ratio stands at a healthy 52.9%, indicating a stable capital structure. A decrease in cash reserves over the year could pose liquidity risks.

Cash Flow

Operating cash flow has turned negative, reflecting potential operational inefficiencies. The free cash flow has also worsened, with a significant decline from the previous year. The operating cash flow to net income ratio is negative, highlighting cash generation issues. Historical cash flow performance was positive, but recent trends are worrying.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	44.91M	55.01M	48.67M	39.38M	48.25M
Gross Profit	38.72M	48.65M	42.38M	34.42M	38.57M
EBITDA	-9.20M	5.35M	1.25M	947.00K	8.63M
Net Income	-10.89M	2.94M	1.60M	-232.00K	5.91M
Balance Sheet
Total Assets	22.38M	37.42M	34.64M	34.59M	31.30M
Cash, Cash Equivalents and Short-Term Investments	1.37M	7.59M	10.02M	16.83M	15.95M
Total Debt	2.02M	3.11M	2.21M	3.17M	4.39M
Total Liabilities	10.54M	14.60M	15.01M	17.13M	13.74M
Stockholders Equity	11.84M	22.81M	19.63M	17.45M	17.56M
Cash Flow
Free Cash Flow	-4.90M	-1.50M	-5.79M	2.19M	10.60M
Operating Cash Flow	-665.00K	3.63M	352.00K	5.41M	11.25M
Investing Cash Flow	-4.20M	-5.07M	-6.13M	-3.20M	-599.00K
Financing Cash Flow	-1.26M	-1.32M	-1.20M	-1.03M	-3.05M

Mind Gym Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MIND, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.11 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MIND.

Mind Gym Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEYS	78 Outperform	£192.84M	22.44	45.84%	4.07%	13.00%	11.16%
KGH	77 Outperform	£166.48M	14.62	11.37%	1.80%	5.40%	19.01%
RST	68 Neutral	£359.43M	28.72	5.32%	2.90%	-0.65%	―
Sector *	65 Neutral	$10.75B	15.69	5.29%	1.89%	3.09%	-27.41%
DSW	61 Neutral	£14.58M	50.00	3.34%	6.90%	-0.95%	―
CPI	56 Neutral	£390.43M	0.05	49.03%	―	-10.33%	―
MIND	48 Neutral	£17.54M	―	-106.45%	―	-14.04%	24.93%

Mind Gym Corporate Events

MindGym Returns to Profitability Amid Strategic Transformation

MindGym has returned to adjusted EBITDA profitability for the financial year ending 31 March 2025, as part of its ongoing transformation strategy to transition from an episodic training provider to a behavior change partner. Despite market challenges in professional services, MindGym’s strategy is on track, with revenues expected to be around £38.6 million. The company has launched new IP packages and a Manager Performance Academy, contributing to increased revenue, particularly in the US. Looking ahead to FY26, MindGym anticipates modest revenue growth due to macroeconomic uncertainties but remains committed to strategic investments in marketing and sales to support long-term growth.