MIND Technology, Inc. (MIND)

MIND Technology Income Statement

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

Year Ending	TTM	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Revenue	36.78	36.51	25.01	23.11	21.22	29.92
Revenue Growth (YoY)	17.82%	45.97%	8.24%	8.92%	-29.09%	-30.33%
Cost of Revenue	20.8	20.54	15.06	17.09	13.91	16.97
Gross Profit	15.98	15.97	9.95	6.02	7.31	12.95
Selling, General & Admin	12.2	12.14	12.88	14.76	12.65	14.14
Research & Development	2.47	2.13	1.37	3.6	3	1.85
Other Operating Expenses	1.27	1.18	1.34	2.21	5.99	3.25
Operating Expenses	15.93	15.45	15.6	20.57	21.64	19.24
Operating Income	0.05	0.52	-5.65	-14.54	-14.33	-6.29
Interest Expense / Income	-0.37	0	0	0	0	0
Other Expense / Income	-2.24	-1.09	2.48	0.58	5.44	4.64
Pretax Income	2.65	1.61	-8.13	-15.12	-19.77	-10.93
Income Tax	1.18	1.34	0.7	-0.04	0.54	0.35
Net Income	1.47	0.27	-8.83	-15.09	-20.31	-11.29
Preferred Dividends	3.79	3.79	3.79	2.9	2.25	2.05
Net Income Common	-2.32	-3.51	-12.62	-17.99	-22.56	-13.34
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	-	-	1	1	1	1
Shares Change	-	1.99%	0.09%	10.00%	3.10%	0.31%
EPS (Basic)	-1.72	-2.50	-8.98	-13.10	-18.00	-11.00
EPS (Diluted)	-1.72	-2.50	-8.98	-13.10	-18.00	-11.00
Free Cash Flow	-6.71	-5.26	-3.49	-17.97	-4.55	-8.14
Free Cash Flow Per Share	-4.78	-3.74	-2.53	-13.05	-3.63	-6.71
Gross Margin	43.44%	43.74%	39.78%	26.06%	34.45%	43.30%
Operating Margin	0.13%	1.42%	-22.59%	-62.94%	-67.54%	-21.02%
Profit Margin	-6.31%	-9.62%	-50.46%	-77.84%	-106.34%	-44.58%
Free Cash Flow Margin	-18.25%	-14.40%	-13.94%	-77.76%	-21.45%	-27.22%
Effective Tax Rate	44.59%	83.00%	-	-	-	-
EBITDA	3.59	3.13	-6.25	-12.91	-15.14	-3.17
EBITDA Margin	9.75%	8.57%	-24.97%	-55.87%	-71.38%	-10.58%
Depreciation & Amortization	1.3	1.52	1.89	2.21	4.63	7.77
EBIT	2.28	1.61	-8.13	-15.12	-19.77	-10.93
EBIT Margin	6.21%	4.42%	-32.52%	-65.45%	-93.19%	-36.55%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).