MIND Technology Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Revenue	46.2	46.86	36.51	25.01	23.11	21.22
Revenue Growth (YoY)	2.21%	28.36%	45.97%	8.24%	8.92%	-29.09%
Cost of Revenue	24.97	25.9	20.54	15.06	17.09	13.91
Gross Profit	21.22	20.97	15.97	9.95	6.02	7.31
Selling, General & Admin	13.03	11.29	12.14	12.88	14.76	13.31
Depreciation & Amortization Expenses	0.87	0.94	1.18	1.34	2.21	2.8
Research & Development	1.76	1.91	2.13	1.37	3.6	3
Other Operating Expenses	-	-	-	-	-	2.53
Total Operating Expenses	15.66	14.15	15.45	15.6	20.57	21.64
Operating Income	5.56	6.82	0.52	-5.65	-14.54	-14.33
Total Non-Operating Income (Expense)	-0.24	15.03	-0.28	0.26	0.93	0.86
Pretax Income	5.32	21.84	0.24	-5.39	-13.62	-13.47
Provision for Income Taxes	2.35	1.98	1.34	0.7	-0.04	0.54
Net Income	3.06	17.6	-3.51	-12.62	-17.99	-22.56
Net Income Attributable to Preferred Dividends	-0.01	2.26	3.79	3.79	2.9	2.25
Earnings From Discontinued Operations	-	-	1.37	-2.74	-1.51	-6.3
Net Income to Common	3.06	17.6	-3.51	-12.62	-17.99	-22.56
Net Income Growth	-80.96%	-	-	-	-	-
Shares Outstanding (Basic)	8	4	1	1	1	1
Shares Outstanding (Diluted)	8	4	1	1	1	1
Shares Change (YoY)	229.24%	190.04%	0.07%	2.03%	10.00%	3.10%
EPS (Basic)	0.38	4.32	-3.48	-7.03	-12.00	-18.00
EPS (Diluted)	0.38	4.32	-3.48	-7.03	-12.00	-18.00
EPS Growth	-93.58%	-	-	-	-	-
Free Cash Flow	5.13	0.21	-5.26	-3.48	-17.97	-6.56
Free Cash Flow Growth	2294.86%	-	-	-	-	-
Free Cash Flow Per Share	0.64	0.05	-3.74	-2.47	-13.05	-5.24
Gross Margin	45.94%	44.74%	43.74%	39.78%	26.06%	34.45%
Operating Margin	12.04%	14.55%	1.42%	-22.59%	-62.94%	-67.54%
Profit Margin	11.00%	21.65%	-2.26%	-59.67%	-124.05%	-161.72%
FCF Margin	11.09%	0.46%	-14.40%	-13.89%	-77.76%	-30.92%
EBITDA	6.44	7.76	2.03	-3.76	-12.33	-9.7
EBITDA Margin	13.93%	16.56%	5.57%	-15.04%	-53.36%	-45.73%
EBIT	5.56	6.82	0.52	-5.65	-14.54	-14.33
EBIT Margin	12.04%	14.55%	1.42%	-22.59%	-62.94%	-67.54%
Effective Tax Rate	44.17%	9.08%	562.18%	-12.96%	0.29%	-3.98%

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q