MIND Technology (MIND) Income Statement: Revenue & Earnings

MIND Technology Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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MIND Technology, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019
Revenue & Gross Profit
Revenue	46.86	36.51	25.01	23.11	21.22	29.92	42.94
Cost of Revenue	25.90	20.54	15.06	17.09	13.91	16.97	31.20
Gross Profit	20.97	15.97	9.95	6.02	7.31	12.95	11.74
Operating Expenses
Research & Development	1.91	2.13	1.37	3.60	3.00	1.85	1.16
Selling, General & Administrative	11.29	12.14	12.88	14.76	12.65	14.14	20.91
Operating Expenses	14.15	15.45	15.60	20.57	19.11	19.24	24.76
Operating Income	6.82	0.52	-5.65	-14.54	-11.80	-6.29	-13.02
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Interest Expense	0.00	-0.68	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	-0.22	-0.28	0.26	0.93	0.11	-0.10	-6.64
Income
Income Before Tax	7.06	0.24	-5.39	-13.62	-13.47	-6.19	-19.59
Income Tax Expense	1.98	1.34	0.70	-0.04	0.54	0.35	0.25
Net Income	5.07	0.27	-8.83	-15.09	-20.31	-11.29	-19.84
Net Income - Continuous Operations	5.07	-1.10	-6.09	-13.58	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	1.37	-2.74	-1.51	0.00	0.00	0.00
EBITDA	7.76	2.03	-3.76	-13.62	-9.00	-7.76	-1.21
EBIT	6.82	0.52	-5.65	-13.62	-11.80	-10.43	-13.02
Depreciation & Amortization	0.94	1.18	1.34	2.21	2.80	2.49	2.50
Earnings Per Share
Basic EPS	4.00	-2.00	-9.00	-13.00	-18.00	-11.00	-2.00
Diluted EPS	4.00	-2.00	-9.00	-13.00	-18.00	-11.00	-2.00
Basic Shares Outstanding	4.08	1.41	1.38	1.38	1.25	1.21	12.11
Diluted Shares Outstanding	4.08	1.41	1.38	1.38	1.25	1.21	12.11