MIND Technology, Inc. (MIND)

MIND Technology Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	46.86	36.51	25.01	23.11	21.22
Revenue Growth (YoY)	28.36%	45.97%	8.24%	8.92%	-29.09%
Cost of Revenue	25.9	20.54	15.06	17.09	13.91
Gross Profit	20.97	15.97	9.95	6.02	7.31
Selling, General & Admin	11.29	12.14	12.88	14.76	12.65
Research & Development	1.91	2.13	1.37	3.6	3
Operating Expenses	14.15	15.45	15.6	20.57	19.11
Operating Income	6.82	0.52	-5.65	-14.54	-11.8
Interest Expense	-	-0.68	-	-	-
Other Non Operating Income (Expenses)	-0.22	-0.08	-0.68	0.08	0.11
EBT Excluding Unusual Items	6.6	-0.24	-6.33	-14.47	-11.69
Impairment of Goodwill	-	-	-	-	-2.53
Gain (Loss) on Sale of Assets	0.46	0.48	0.94	-	-
Other Unusual Items	-	-	-	0.85	0.76
Pretax Income	7.06	0.24	-5.39	-13.62	-13.47
Income Tax Expense	1.98	1.34	0.7	-0.04	0.54
Earnings From Continuing Operations	5.07	-1.1	-6.09	-13.58	-14
Earnings From Discontinued Operations	-	1.37	-2.74	-1.51	-6.3
Net Income	5.07	0.27	-8.83	-15.09	-20.31
Preferred Dividends & Other Adjustments	-12.53	3.79	3.79	2.9	2.25
Net Income to Common	17.6	-3.51	-12.62	-17.99	-22.56
Net Income Growth	1751.82%	-	-	-	-
Shares Outstanding (Basic)	4	1	1	1	1
Shares Outstanding (Diluted)	4	1	1	1	1
Shares Change (YoY)	190.04%	0.07%	2.03%	10.00%	3.10%
EPS (Basic)	4.32	-2.50	-8.98	-13.06	-18.02
EPS (Diluted)	4.32	-2.50	-8.98	-13.09	-18.04
Free Cash Flow	0.21	-5.26	-3.48	-17.97	-6.56
Free Cash Flow Per Share	0.05	-3.74	-2.47	-13.05	-5.24
Gross Margin	44.74%	43.74%	39.78%	26.06%	34.45%
Operating Margin	14.55%	1.42%	-22.59%	-62.94%	-55.61%
Profit Margin	37.56%	-9.63%	-50.46%	-77.84%	-106.34%
Free Cash Flow Margin	0.46%	-14.40%	-13.89%	-77.76%	-30.92%
EBITDA	7.76	1.7	-4.31	-12.34	-9
EBITDA Margin	16.56%	4.64%	-17.22%	-53.38%	-42.42%
D&A For EBITDA	0.94	1.18	1.34	2.21	2.8
EBIT	6.82	0.52	-5.65	-14.54	-11.8
EBIT Margin	14.55%	1.42%	-22.59%	-62.94%	-55.61%
Effective Tax Rate	28.11%	562.19%	-	-	-
Revenue as Reported	-	-	-	23.11	21.22

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q