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Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 8.1
-3.11 %
$ 64.6 M
Market Cap
1.93
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MIND stock under the worst case scenario is HIDDEN Compared to the current market price of 8.1 USD, MIND Technology, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MIND stock under the base case scenario is HIDDEN Compared to the current market price of 8.1 USD, MIND Technology, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MIND stock under the best case scenario is HIDDEN Compared to the current market price of 8.1 USD, MIND Technology, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MIND

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$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.0$6.0$6.0$5.0$5.0$4.0$4.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
46.9 M REVENUE
28.36%
6.82 M OPERATING INCOME
1216.22%
5.07 M NET INCOME
561.27%
651 K OPERATING CASH FLOW
113.11%
20 K INVESTING CASH FLOW
-99.82%
-619 K FINANCING CASH FLOW
59.67%
7.9 M REVENUE
-47.47%
-658 K OPERATING INCOME
-23.65%
-970 K NET INCOME
-47.76%
4.07 M OPERATING CASH FLOW
97.67%
-237 K INVESTING CASH FLOW
-5.80%
0 FINANCING CASH FLOW
0.00%
Balance Sheet MIND Technology, Inc.
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Current Assets 32.1 M
Cash & Short-Term Investments 5.34 M
Receivables 11.8 M
Other Current Assets 15 M
Non-Current Assets 4.6 M
Long-Term Investments 0
PP&E 2.21 M
Other Non-Current Assets 2.4 M
14.53 %32.18 %40.75 %6.02 %6.52 %Total Assets$36.7m
Current Liabilities 8.64 M
Accounts Payable 2.56 M
Short-Term Debt 577 K
Other Current Liabilities 5.51 M
Non-Current Liabilities 743 K
Long-Term Debt 743 K
Other Non-Current Liabilities 0
27.25 %6.15 %58.69 %7.91 %Total Liabilities$9.4m
EFFICIENCY
Earnings Waterfall MIND Technology, Inc.
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Revenue 46.9 M
Cost Of Revenue 25.9 M
Gross Profit 21 M
Operating Expenses 14.1 M
Operating Income 6.82 M
Other Expenses 1.74 M
Net Income 5.07 M
50m50m45m45m40m40m35m35m30m30m25m25m20m20m15m15m10m10m5m5m0047m(26m)21m(14m)7m(2m)5mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
44.74% GROSS MARGIN
44.74%
14.55% OPERATING MARGIN
14.55%
10.83% NET MARGIN
10.83%
18.56% ROE
18.56%
13.82% ROA
13.82%
17.11% ROIC
17.11%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MIND Technology, Inc.
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15m15m10m10m5m5m00(5m)(5m)(10m)(10m)(15m)(15m)(20m)(20m)201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 5.07 M
Depreciation & Amortization 944 K
Capital Expenditures -437 K
Stock-Based Compensation 235 K
Change in Working Capital 0
Others -5.24 M
Free Cash Flow 214 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MIND Technology, Inc.
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MIND has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.563 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.6000.6000.5000.5000.4000.4000.3000.3000.2000.2000.1000.1000.0000.0000.5630.5620182018
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership MIND Technology, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MIND Technology Announces Participation in the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2025 THE WOODLANDS, Texas , June 18, 2025 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today its management will be participating in the iAccess Alpha Virtual Best Ideas Summer Investment Conference June 24–25, 2025. Representing MIND, Rob Capps, President and CEO, will deliver a presentation at 11:00am EDT on Tuesday, June 24th, and the webcast can be accessed live here: https://www.webcaster4.com/Webcast/Page/3118/52638. prnewswire.com - 2 weeks ago
MIND Technology / GWL Collaboration Agreement THE WOODLANDS, Texas , June 17, 2025 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has entered into a collaboration agreement with GWL Overseas Ltd. ("GWL") for the further development, promotion and production of GWL's Floatseis data acquisition system. prnewswire.com - 3 weeks ago
MIND Incurs Q1 Loss Amid Shipment Delays, Stock Down 11% MIND Technology incurs a Q1 loss per share due to shipment delays and rising expenses. Management eyes rebound as delayed orders shift to Q2. zacks.com - 3 weeks ago
MIND Technology, Inc. (MIND) Q1 2026 Earnings Call Transcript MIND Technology, Inc. (NASDAQ:MIND ) Q1 2026 Earnings Conference Call June 11, 2025 9:00 AM ET Company Participants Mark Alan Cox - VP, CFO & Chief Accounting Officer Robert P. Capps - President, CEO & Director Conference Call Participants Ross Taylor - Unidentified Company Tyson Lee Bauer - Unidentified Company Kansas City Capital Associates - Unidentified Company Zach Vaughan - Dennard Lascar Associates, LLC Operator Greetings. seekingalpha.com - 3 weeks ago
MIND TECHNOLOGY, INC. REPORTS FISCAL 2026 FIRST QUARTER RESULTS THE WOODLANDS, Texas , June 10, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2026 first quarter ended April 30, 2025. Revenues for the first quarter of fiscal 2026 were approximately $7.9 million compared to $15.0 million for the fourth quarter of fiscal 2025 and $9.7 million for the first quarter of fiscal 2025. prnewswire.com - 3 weeks ago
MIND Technology Announces Source Controller Order THE WOODLANDS, Texas , June 10, 2025 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has received an order for a GunLink source controller and associated equipment from Sanco Holdings A/S. The value of the order, which is expected to be delivered in this fiscal year, is in excess of $4.0 million. prnewswire.com - 4 weeks ago
MIND Technology Announces Fiscal 2026 First Quarter Earnings Release and Conference Call Schedule THE WOODLANDS, Texas , May 28, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2026 first quarter ended April 30, 2025 after the market closes on Tuesday, June 10, 2025. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, June 11 th at 9:00 a.m. prnewswire.com - 1 month ago
MIND Technology Rises 25% Despite Q4 Earnings Down Y/Y MIND's fiscal Q4 results see strong marine demand and profit growth, but face headwinds from backlog decline and scale challenges as it explores strategic options. zacks.com - 2 months ago
MIND Technology, Inc. (MIND) Q4 2025 Earnings Call Transcript MIND Technology, Inc. (NASDAQ:MIND ) Q4 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Ken Dennard - IR Robert Capps - President and CEO Mark Cox - VP and CFO Conference Call Participants Tyson Bauer - KC Capital Ross Taylor - ARS Investment Partners Operator Greetings. Welcome to MIND Technology's Fourth Quarter and Year End 2025 Earnings Conference Call. seekingalpha.com - 2 months ago
MIND TECHNOLOGY, INC. REPORTS FISCAL 2025 FOURTH QUARTER AND YEAR-END RESULTS THE WOODLANDS, Texas , April 22, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2025 fourth quarter and year ended January 31, 2025. Revenues from continuing operations for the fourth quarter of fiscal 2025 were approximately $15.0 million compared to $12.1 million in the third quarter of fiscal 2025 and $13.4 million in the fourth quarter of fiscal 2024. prnewswire.com - 2 months ago
Mind Technologies: Best Of Breed Growth At A Good Price Mind Technologies has been cut in half since late February, falling from $10.80 to $5.00. Despite the recent market drawdown, MIND's strong product portfolio and market position in several marine technology sectors suggest a period of robust future growth. The company has shown impressive financial performance, with four consecutive profitable quarters, and is finally "Growth at a Good Price." seekingalpha.com - 2 months ago
MIND Technology Announces Fiscal 2025 Fourth Quarter and Year-End Earnings Release and Conference Call Schedule THE WOODLANDS, Texas , April 3, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2025 fourth quarter and full year ended January 31, 2025 after the market closes on Tuesday, April 22, 2025.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, April 23 rd at 9:00 a.m. prnewswire.com - 3 months ago
8. Profile Summary

MIND Technology, Inc. MIND

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COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 64.6 M
Dividend Yield 0.00%
Description MIND 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.
Contact 2002 Timberloch Place, The Woodlands, TX, 77380 https://mind-technology.com
IPO Date Dec. 19, 1994
Employees 146
Officers Mr. Mark Alan Cox CPA Vice President, Chief Financial Officer & Chief Accounting Officer Mr. Robert P. Capps CPA President, Chief Executive Officer & Director Mr. Jack Lascar Investor Relations