MIND Technology, Inc.(MIND)Earnings, Financials & Key Ratios

MIND•NASDAQ

$6.62

$60M mkt cap·10.3× P/E·Price updated May 6, 2026

SectorTechnology IndustryTech Hardware & Equipment Sub-IndustrySensors, Controls and Smart Metering

AboutMIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.Show more

Revenue$47M+28.4%
EBITDA$8M+281.6%
Net Income$5M+345.2%
EPS (Diluted)0.64+268.4%
Gross Margin44.74%+10.4%
EBITDA Margin16.56%+197.3%
Operating Margin14.55%+925.4%
Net Margin10.83%+291.1%
ROE20.31%+324.2%
ROIC24.35%+1238.4%
Debt/Equity0.05-17.4%

Technical→

MIND Key Insights

MIND Technology, Inc. (MIND) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 7/9
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Weak momentum: RS Rating 14 (bottom 14%)
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 45.0% in last year
✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MIND Price & Volume

MIND Technology, Inc. (MIND) stock price & volume — 10-year historical chart

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MIND Growth Metrics

MIND Technology, Inc. (MIND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-5.57%

5 Years9.39%

3 Years26.58%

TTM2.21%

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-31.94%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-87.18%

Return on Capital

10 Years-17.25%

5 Years-13.31%

3 Years2.78%

Last Year26.59%

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
GEOSGeospace Technologies CorporationDirect Competitor	119M	9.28	-12.21	-18.29%	-28.1%	-24.05%	0.01
TGSTransportadora de Gas del Sur S.A.Direct Competitor	2.19B	31.56	13.53	64.75%	24.61%	14.83%	0.53
KNSLKinsale Capital Group, Inc.Direct Competitor	7.03B	303.58	14.02	18.04%	27.48%	28.05%	0.11
TDYTeledyne Technologies IncorporatedProduct Competitor	29.83B	644.13	34.12	7.86%	15.15%	8.94%	0.25
HIIHuntington Ingalls Industries, Inc.Product Competitor	12.58B	319.54	20.76	8.23%	4.71%	12.05%	0.62
LDOSLeidos Holdings, Inc.Product Competitor	16.99B	134.90	12.12	3.07%	8.2%	28.87%	1.19
OSISOSI Systems, Inc.Product Competitor	3.96B	240.27	27.59	11.33%	8.42%	16.74%	0.72
LMTLockheed Martin CorporationSupply Chain	118.52B	514.26	23.93	5.65%	6.38%	74.53%	3.23

Compare MIND vs Peers

MIND Technology, Inc. (MIND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GEOS

Most directly comparable listed peer for MIND.

Scale Benchmark

vs LMT

Larger-name benchmark to compare MIND against a more recognizable public peer.

Peer Set

Compare Top 5

vs GEOS, TGS, KNSL, TDY

MIND Income Statement

MIND Technology, Inc. (MIND) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Jan'17	Jan'18	Jan'19	Jan'20	Jan'21	Jan'22	Jan'23	Jan'24	Jan'25	TTM
Sales/Revenue	41M	48.28M	42.94M	29.92M	21.21M	23.11M	25.01M	36.51M	46.86M	46.2M
Revenue Growth %	-20.88%	17.75%	-11.05%	-30.33%	-29.09%	8.92%	8.24%	45.97%	28.36%	2.21%
Cost of Goods Sold	48.41M	42.19M	31.2M	16.96M	13.91M	17.09M	15.06M	21.72M	25.9M	25.63M
COGS % of Revenue	118.08%	87.4%	72.66%	56.7%	65.55%	73.94%	60.22%	59.48%	55.26%	-
Gross Profit	-7.41M▲ 0%	6.08M▲ 182.1%	11.74M▲ 93.0%	16.62M▲ 41.6%	7.31M▼ 56.0%	6.02M▼ 17.6%	8.61M▲ 42.9%	14.79M▲ 71.9%	20.97M▲ 41.7%	20.57M▲ 0%
Gross Margin %	-18.08%	12.6%	27.34%	55.55%	34.45%	26.06%	34.41%	40.52%	44.74%	44.53%
Gross Profit Growth %	-377.78%	182.06%	92.97%	41.58%	-56.03%	-17.61%	42.91%	71.89%	41.74%	-
Operating Expenses	23.88M	24.33M	24.76M	26.24M	21.64M	20.57M	14.26M	14.28M	14.15M	15.01M
OpEx % of Revenue	58.24%	50.39%	57.66%	87.69%	101.99%	89%	57%	39.1%	30.19%	-
Selling, General & Admin	19.75M	19.66M	20.91M	19.72M	12.65M	14.76M	12.88M	12.14M	11.29M	13.03M
SG&A % of Revenue	48.18%	40.73%	48.68%	65.9%	59.62%	63.88%	51.51%	33.26%	24.09%	-
Research & Development	974K	1.5M	1.16M	1.85M	3M	3.6M	1.37M	2.13M	1.91M	1.76M
R&D % of Revenue	2.38%	3.11%	2.7%	6.18%	14.16%	15.56%	5.49%	5.84%	4.08%	-
Other Operating Expenses	594K	4.63M	-24K	4.67M	5.99M	2.21M	0	0	944K	220K
Operating Income	-31.29M▲ 0%	-19.71M▲ 37.0%	-13.02M▲ 33.9%	-4.95M▲ 62.0%	-11.8M▼ 138.6%	-14.54M▼ 23.3%	-5.65M▲ 61.2%	518K▲ 109.2%	6.82M▲ 1216.2%	5.56M▲ 0%
Operating Margin %	-76.32%	-40.82%	-30.32%	-16.53%	-55.61%	-62.94%	-22.59%	1.42%	14.55%	12.04%
Operating Income Growth %	-16.93%	37.02%	33.94%	62.02%	-138.56%	-23.29%	61.15%	109.17%	1216.22%	-
EBITDA	-3.02M	-3.07M	-1.34M	-2.27M	-9M	-12.34M	-4.31M	2.03M	7.76M	6.44M
EBITDA Margin %	-7.35%	-6.36%	-3.12%	-7.6%	-42.43%	-53.38%	-17.22%	5.57%	16.56%	13.93%
EBITDA Growth %	-156.34%	-1.86%	56.43%	-70.03%	-295.65%	-37.04%	65.09%	147.24%	281.61%	-12.61%
D&A (Non-Cash Add-back)	28.27M	16.64M	11.68M	2.67M	2.8M	2.21M	1.34M	1.52M	944K	874K
EBIT	-31.29M	-18.24M	-13.02M	-6.19M	-11.8M	-13.62M	-5.39M	518K	7.06M	5.4M
Net Interest Income	-643K	47K	72K	-46K	0	0	-519K	-675K	0	0
Interest Income	10K	47K	72K	0	0	0	0	0	0	0
Interest Expense	653K	0	0	46K	0	0	519K	675K	0	0
Other Income/Expense	-49K	-451K	-6.57M	-1.25M	-1.67M	926K	256K	-280K	240K	-159K
Pretax Income	-31.34M▲ 0%	-20.16M▲ 35.7%	-19.59M▲ 2.8%	-6.19M▲ 68.4%	-13.47M▼ 117.5%	-13.62M▼ 1.1%	-5.39M▲ 60.4%	238K▲ 104.4%	7.06M▲ 2865.5%	5.4M▲ 0%
Pretax Margin %	-76.44%	-41.76%	-45.62%	-20.69%	-63.47%	-58.93%	-21.57%	0.65%	15.06%	11.7%
Income Tax	1.81M	910K	252K	353K	536K	-39K	699K	1.34M	1.98M	2.35M
Effective Tax Rate %	-5.79%	-4.51%	-1.29%	-5.7%	-3.98%	0.29%	-12.96%	562.18%	28.11%	43.51%
Net Income	-33.15M▲ 0%	-21.07M▲ 36.4%	-19.84M▲ 5.8%	-11.29M▲ 43.1%	-18.45M▼ 63.4%	-15.09M▲ 18.2%	-8.83M▲ 41.5%	-2.07M▲ 76.6%	5.07M▲ 345.2%	3.05M▲ 0%
Net Margin %	-80.86%	-43.64%	-46.2%	-37.73%	-86.95%	-65.28%	-35.31%	-5.67%	10.83%	6.61%
Net Income Growth %	14.41%	36.45%	5.83%	43.11%	-63.44%	18.23%	41.45%	76.57%	345.24%	-31.94%
Net Income (Continuing)	-33.15M	-21.07M	-19.84M	-6.54M	-14M	-13.58M	-6.09M	-1.1M	5.07M	3.05M
Discontinued Operations	0	0	0	0	-6.3M	-1.51M	-2.74M	1.37M	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	-27.90▲ 0%	-18.20▲ 34.8%	-17.80▲ 2.2%	-9.30▲ 47.8%	-3.56▲ 61.7%	-2.46▲ 30.9%	-9.20▼ 274.0%	-0.38▲ 95.9%	0.64▲ 268.4%	0.38▲ 0%
EPS Growth %	13.35%	34.77%	2.2%	47.75%	61.72%	30.9%	-273.98%	95.87%	268.42%	-87.18%
EPS (Basic)	-27.47	-17.44	-16.39	-9.30	-3.56	-2.46	-8.98	-0.38	0.64	-
Diluted Shares Outstanding	4.83M	4.83M	4.84M	4.86M	5.19M	5.51M	5.51M	5.5M	7.97M	7.98M
Basic Shares Outstanding	4.83M	4.83M	4.84M	4.86M	5.19M	5.51M	5.51M	5.5M	7.97M	7.98M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

MIND Balance Sheet

MIND Technology, Inc. (MIND) balance sheet — assets, liabilities & shareholders' equity

Line item	Jan'17	Jan'18	Jan'19	Jan'20	Jan'21	Jan'22	Jan'23	Jan'24	Jan'25	TTM
Total Current Assets	35.06M	33.05M	36.34M	30.63M	26.79M	29.25M	22.23M	28.34M	32.12M	42.78M
Cash & Short-Term Investments	2.9M	9.9M	9.39M	3.09M	4.61M	5.11M	778K	5.29M	5.34M	19.39M
Cash Only	2.9M	9.9M	9.39M	3.09M	4.61M	5.11M	778K	5.29M	5.34M	19.39M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	15.83M	10.49M	12.08M	6.62M	4.75M	8.13M	3.25M	6.57M	11.82M	10.61M
Days Sales Outstanding	140.93	79.34	102.69	80.8	81.67	128.36	47.38	65.64	92.04	81.24
Inventory	11.96M	10.86M	10.77M	13.26M	11.45M	14.01M	15.32M	13.37M	13.74M	11.71M
Days Inventory Outstanding	90.17	93.91	126.03	285.31	300.61	299.22	371.2	224.73	193.73	180.61
Other Current Assets	2.8M	244K	2.36M	5.67M	4.32M	159K	2.89M	3.11M	1.22M	1.07M
Total Non-Current Assets	59.66M	40.63M	28.96M	27.6M	12.97M	12.78M	10.63M	5.15M	4.61M	4.56M
Property, Plant & Equipment	43.84M	22.9M	14.15M	16.08M	6.22M	6.11M	2.7M	2.14M	2.21M	2.44M
Fixed Asset Turnover	0.94x	2.11x	3.03x	1.86x	3.41x	3.78x	9.26x	17.04x	21.20x	20.73x
Goodwill	4M	2.53M	2.53M	2.53M	0	0	0	0	0	0
Intangible Assets	9.01M	8.02M	10.49M	8.16M	6.75M	6.02M	3.63M	2.89M	2.31M	1.89M
Long-Term Investments	2.78M	4.65M	840K	0	0	650K	0	0	0	0
Other Non-Current Assets	2.81M	7.19M	870K	832K	0	650K	4.29M	0	0	0
Total Assets	94.71M▲ 0%	73.68M▼ 22.2%	65.3M▼ 11.4%	58.23M▼ 10.8%	39.76M▼ 31.7%	42.02M▲ 5.7%	32.86M▼ 21.8%	33.49M▲ 1.9%	36.72M▲ 9.6%	47.34M▲ 0%
Asset Turnover	0.43x	0.66x	0.66x	0.51x	0.53x	0.55x	0.76x	1.09x	1.28x	1.18x
Asset Growth %	-29.72%	-22.21%	-11.37%	-10.83%	-31.71%	5.68%	-21.8%	1.93%	9.64%	39.37%
Total Current Liabilities	13.46M	7.52M	7.43M	8.45M	7.84M	10.7M	8.93M	10.28M	8.64M	6.82M
Accounts Payable	1.93M	1.27M	1.53M	1.77M	1.7M	2.05M	2.49M	1.62M	2.56M	1.7M
Days Payables Outstanding	14.54	11	17.94	38.02	44.73	43.71	60.44	27.28	36.05	26.51
Short-Term Debt	6.37M	0	0	0	1.01M	869K	903K	751K	577K	682K
Deferred Revenue (Current)	1.29M	1.76M	1.74M	970K	692K	2.83M	359K	3.65M	1.79M	5.62M
Other Current Liabilities	1.31M	1.23M	2.67M	3.28M	1.32M	842K	2.09M	-491K	-345K	1.16M
Current Ratio	2.60x	4.39x	4.89x	3.63x	3.42x	2.73x	2.49x	2.76x	3.71x	3.71x
Quick Ratio	1.72x	2.95x	3.44x	2.06x	1.96x	1.42x	0.77x	1.46x	2.12x	2.12x
Cash Conversion Cycle	216.56	162.26	210.78	328.09	337.56	383.87	358.15	263.09	249.72	235.34
Total Non-Current Liabilities	317K	307K	1.2M	2.13M	1.51M	1.06M	875K	573K	743K	585K
Long-Term Debt	0	0	0	0	850K	0	0	0	0	0
Capital Lease Obligations	0	0	0	961K	463K	966K	846K	573K	743K	2.35M
Deferred Tax Liabilities	317K	307K	0	200K	198K	92K	29K	0	0	0
Other Non-Current Liabilities	0	0	1.2M	967K	0	0	0	0	0	0
Total Liabilities	13.78M	7.83M	8.62M	10.58M	9.35M	11.76M	9.81M	10.85M	9.39M	7.4M
Total Debt	6.37M	0	0	2.3M	2.32M	1.83M	1.75M	1.32M	1.32M	1.27M
Net Debt	3.47M	-9.9M	-9.39M	-790K	-2.29M	-3.28M	971K	-3.96M	-4.02M	-18.12M
Debt / Equity	0.08x	-	-	0.05x	0.08x	0.06x	0.08x	0.06x	0.05x	0.05x
Debt / EBITDA	-	-	-	-	-	-	-	0.65x	0.17x	0.20x
Net Debt / EBITDA	-	-	-	-	-	-	-	-1.95x	-0.52x	-0.52x
Interest Coverage	-47.92x	-	-	-107.50x	-	-	-10.89x	0.77x	-	-
Total Equity	80.93M▲ 0%	65.85M▼ 18.6%	56.68M▼ 13.9%	47.65M▼ 15.9%	30.42M▼ 36.2%	30.26M▼ 0.5%	23.05M▼ 23.8%	22.64M▼ 1.8%	27.33M▲ 20.7%	39.94M▲ 0%
Equity Growth %	-22.95%	-18.64%	-13.93%	-15.93%	-36.17%	-0.5%	-23.83%	-1.78%	20.72%	109.62%
Book Value per Share	16.76	13.62	11.71	9.81	5.86	5.49	4.18	4.12	3.43	5.01
Total Shareholders' Equity	80.93M	65.85M	56.68M	47.65M	30.42M	30.26M	23.05M	22.64M	27.33M	39.94M
Common Stock	140K	140K	140K	141K	157K	157K	16K	14K	80K	90K
Retained Earnings	-20.45M	-42.42M	-63.97M	-77.31M	-99.87M	-117.86M	-127.64M	-128.31M	-108.45M	-107.43M
Treasury Stock	-16.86M	-16.86M	-16.86M	-16.86M	-16.86M	-16.86M	-16.86M	0	0	0
Accumulated OCI	-10.59M	-8.85M	-4.04M	-4.39M	-4.36M	-1.88M	34K	34K	34K	34K
Minority Interest	0	0	0	0	0	0	0	0	0	0

MIND Cash Flow Statement

MIND Technology, Inc. (MIND) cash flow — operating, investing & free cash flow history

Line item	Jan'17	Jan'18	Jan'19	Jan'20	Jan'21	Jan'22	Jan'23	Jan'24	Jan'25	TTM
Cash from Operations	3.15M	719K	-5.46M	-5.82M	-6.36M	-17.13M	-2.9M	-4.97M	651K	651K
Operating CF Margin %	7.69%	1.49%	-12.71%	-19.44%	-29.98%	-74.15%	-11.61%	-13.6%	1.39%	-
Operating CF Growth %	-78.86%	-77.2%	-858.97%	-6.6%	-9.33%	-169.4%	83.05%	-70.98%	113.11%	128.36%
Net Income	-33.15M	-21.07M	-19.84M	-11.29M	-14M	-15.09M	-8.83M	-1.1M	5.07M	3.05M
Depreciation & Amortization	28.27M	16.64M	11.81M	7.77M	2.8M	2.21M	1.89M	1.18M	944K	874K
Stock-Based Compensation	737K	903K	781K	854K	708K	643K	654K	261K	235K	930K
Deferred Taxes	934K	162K	1.2M	553K	32K	-106K	-62K	-153K	35K	35K
Other Non-Cash Items	1.12M	-1.61M	3.38M	1.86M	-1.07M	-537K	1.13M	-766K	-389K	-108K
Working Capital Changes	5.24M	5.7M	-2.79M	-5.57M	5.18M	-4.26M	2.32M	-4.39M	-5.25M	1.08M
Change in Receivables	7.34M	4.41M	1.29M	-1.72M	4.7M	-3.19M	4.86M	-3.32M	-5.25M	-1.2M
Change in Inventory	850K	685K	-781K	-2.81M	1.18M	-3.07M	-1.76M	-3.6M	-441K	5.49M
Change in Payables	2.19M	-455K	-2.44M	-1.01M	-2.51M	713K	775K	-334K	45K	-705K
Cash from Investing	4.41M	9M	-15K	-2.09M	3.21M	5.36M	470K	11.02M	20K	-736K
Capital Expenditures	-919K	-1.32M	-2.53M	-3.99M	-566K	-834K	-582K	-290K	-437K	-736K
CapEx % of Revenue	2.24%	2.73%	5.89%	13.34%	2.67%	3.61%	2.33%	0.79%	0.93%	-
Acquisitions	5.33M	10.31M	-147K	239K	257K	761K	0	10.83M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.33M	10.31M	2.66M	1.66M	3.52M	5.44M	1.05M	476K	457K	0
Cash from Financing	-7.31M	-3.04M	5.14M	1.75M	4.51M	12.19M	-1.9M	-1.53M	-619K	10.75M
Debt Issued (Net)	-14.12M	-6.31M	0	0	1.61M	0	0	-589K	0	0
Equity Issued (Net)	1000K	1000K	1000K	1000K	1000K	1000K	-1K	0	0	0
Dividends Paid	-486K	-905K	-1.71M	-2.05M	-1.68M	-2.53M	-1.89M	-946K	0	0
Share Repurchases	-4K	-4.17M	0	0	0	-2K	-1K	0	0	0
Other Financing	-10.9M	-6.31M	0	26K	0	0	0	0	-619K	10.75M
Net Change in Cash	-258K▲ 0%	6.63M▲ 2671.7%	-597K▼ 109.0%	-6.32M▼ 957.8%	1.38M▲ 121.8%	503K▼ 63.5%	-4.34M▼ 962.0%	4.51M▲ 204.0%	47K▼ 99.0%	15.88M▲ 0%
Free Cash Flow	2.23M▲ 0%	-597K▼ 126.7%	-7.99M▼ 1238.0%	-9.81M▼ 22.8%	-6.93M▲ 29.4%	-17.97M▼ 159.4%	-3.49M▲ 80.6%	-5.26M▼ 50.8%	214K▲ 104.1%	5.13M▲ 0%
FCF Margin %	5.45%	-1.24%	-18.6%	-32.78%	-32.65%	-77.76%	-13.94%	-14.4%	0.46%	11.09%
FCF Growth %	-81.99%	-126.71%	-1238.02%	-22.78%	29.38%	-159.43%	80.59%	-50.76%	104.07%	586.24%
FCF per Share	0.46	-0.12	-1.65	-2.02	-1.33	-3.26	-0.63	-0.96	0.03	0.03
FCF Conversion (FCF/Net Income)	-0.10x	-0.03x	0.28x	0.52x	0.34x	1.14x	0.33x	2.40x	0.13x	1.68x
Interest Paid	0	0	0	0	0	31K	4K	634K	0	0
Taxes Paid	0	0	0	0	0	355K	371K	847K	1.65M	492K

MIND Key Ratios

MIND Technology, Inc. (MIND) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM
Return on Equity (ROE)	-35.65%	-28.71%	-32.38%	-21.64%	-47.26%	-49.72%	-33.13%	-9.06%	20.31%	7.64%
Return on Invested Capital (ROIC)	-22.77%	-21.06%	-18.92%	-7.88%	-23.6%	-39.59%	-16.62%	1.82%	24.35%	24.35%
Gross Margin	-18.08%	12.6%	27.34%	55.55%	34.45%	26.06%	34.41%	40.52%	44.74%	44.53%
Net Margin	-80.86%	-43.64%	-46.2%	-37.73%	-86.95%	-65.28%	-35.31%	-5.67%	10.83%	6.61%
Debt / Equity	0.08x	-	-	0.05x	0.08x	0.06x	0.08x	0.06x	0.05x	0.05x
Interest Coverage	-47.92x	-	-	-107.50x	-	-	-10.89x	0.77x	-	-
FCF Conversion	-0.10x	-0.03x	0.28x	0.52x	0.34x	1.14x	0.33x	2.40x	0.13x	1.68x
Revenue Growth	-20.88%	17.75%	-11.05%	-30.33%	-29.09%	8.92%	8.24%	45.97%	28.36%	2.21%

MIND SEC Filings & Documents

MIND Technology, Inc. (MIND) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 15, 2026·SEC

Material company update

Dec 9, 2025·SEC

Material company update

Sep 9, 2025·SEC

10-K Annual Reports

FY 2025

Apr 25, 2025·SEC

FY 2024

Apr 30, 2024·SEC

10-Q Quarterly Reports

FY 2025

Dec 11, 2025·SEC

FY 2025

Sep 10, 2025·SEC

FY 2025

Jun 11, 2025·SEC

MIND Frequently Asked Questions

MIND Technology, Inc. (MIND) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

MIND Technology, Inc. (MIND) reported $46.2M in revenue for fiscal year 2024. This represents a 533% increase from $7.3M in 1995.

MIND Technology, Inc. (MIND) grew revenue by 28.4% over the past year. This is strong growth.

Yes, MIND Technology, Inc. (MIND) is profitable, generating $3.1M in net income for fiscal year 2024 (10.8% net margin).

Dividend & Returns

MIND Technology, Inc. (MIND) has a return on equity (ROE) of 20.3%. This is excellent, indicating efficient use of shareholder capital.

MIND Technology, Inc. (MIND) generated $5.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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