Breakdown | ||||
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
46.86M | 36.51M | 35.09M | 23.11M | 21.21M | Gross Profit |
20.97M | 14.79M | 12.97M | 6.02M | 7.31M | EBIT |
6.82M | 518.00K | -7.61M | -14.54M | -11.80M | EBITDA |
8.00M | 2.03M | -4.05M | -11.41M | -10.67M | Net Income Common Stockholders |
5.07M | -2.07M | -7.43M | -13.58M | -14.00M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
5.34M | 5.29M | 778.00K | 5.11M | 4.61M | Total Assets |
36.72M | 33.49M | 32.86M | 42.02M | 39.76M | Total Debt |
1.32M | 1.32M | 1.75M | 1.83M | 2.32M | Net Debt |
-4.02M | -3.96M | 971.00K | -3.28M | -2.29M | Total Liabilities |
9.39M | 10.85M | 9.81M | 11.76M | 9.35M | Stockholders Equity |
27.33M | 22.64M | 23.05M | 30.26M | 30.42M |
Cash Flow | Free Cash Flow | |||
214.00K | -5.26M | -3.49M | -17.97M | -6.93M | Operating Cash Flow |
651.00K | -4.97M | -2.90M | -17.13M | -6.36M | Investing Cash Flow |
20.00K | 11.02M | 470.00K | 5.36M | 3.21M | Financing Cash Flow |
-619.00K | -1.53M | -1.90M | 12.19M | 4.51M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | $55.39M | 13.09 | 12.41% | 2.67% | -0.36% | -40.16% | |
68 Neutral | $54.59M | 21.19 | 20.31% | ― | 18.08% | ― | |
64 Neutral | $37.32M | 87.47 | 1.11% | ― | 28.82% | 60.24% | |
61 Neutral | $24.40M | ― | -18.07% | ― | -13.83% | -476.23% | |
60 Neutral | $10.95B | 10.52 | -7.07% | 3.00% | 7.30% | -12.04% | |
47 Neutral | $53.93M | ― | -2.17% | ― | ― | ― | |
45 Neutral | $24.16M | 6.41 | -3.73% | ― | -8.04% | -118.60% |
On April 22, 2025, MIND Technology reported its financial results for the fiscal quarter and year ended January 31, 2025. The company saw a rise in revenues from continuing operations, with $15.0 million in the fourth quarter compared to $12.1 million in the previous quarter. Operating income also increased to $2.8 million from $1.9 million in the third quarter. The net income for the fourth quarter was $2.0 million, and the adjusted EBITDA was $3.0 million. Despite a decrease in the backlog of Marine Technology Products, the company secured firm orders worth $15.9 million after January 31, 2025. MIND Technology’s President and CEO, Rob Capps, expressed satisfaction with the company’s solid financial position and profitability trend, highlighting plans for growth through organic opportunities, acquisitions, or potential sale. The company intends to file a shelf registration statement to prepare for future capital needs.
Spark’s Take on MIND Stock
According to Spark, TipRanks’ AI Analyst, MIND is a Outperform.
MIND Technology demonstrates solid financial performance with notable profitability improvements and robust revenue growth. Technical indicators suggest positive momentum, although potential overbought conditions may warrant caution. The valuation appears fair, supported by recent growth trends. Positive earnings call outcomes further bolster the outlook, despite some margin pressures and backlog flatness.
To see Spark’s full report on MIND stock, click here.