S&P 500 7,356.16 â–ŧ 9.30 (-0.13%) DOW 51,833.81 ▲ 166.97 (+0.32%) NASDAQ 25,470.02 â–ŧ 117.02 (-0.46%) US Markets Closed â€ĸ 06:26 PM ET

MIND

MIND Technology, Inc.

Price Chart
Latest Quote

$4.90

-0.08 (-1.61%)
Current Price
Previous Close $4.98
Open $4.98
Day High $5.25
Day Low $4.82
Volume 82,706
Fetched: 2026-06-24T22:26:09
Stock Information
Shares Outstanding 9.09M
Total Debt $910K
Cash Equivalents $17.66M
Revenue $42.72M
Net Income $1.31M
Sector Technology
Industry Scientific & Technical Instruments
Market Cap $44.54M
P/E Ratio 30.63
EPS (TTM) $0.16
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$29.43M
Sales$42.72M
Income$1.31M
Book/sh$4.57
Cash/sh$1.94
Employees157
Financial Ratios
Quick Ratio3.80
Current Ratio5.20
Debt/Eq2.19
Returns & Margins
ROA5.07%
ROE3.84%
Gross Margin45.49%
Operating Margin0.14%
Profit Margin3.06%
Ownership
Insider Ownership1.86%
Institutional Ownership15.91%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E7.21
PEG0.37
P/S1.04
P/B1.07
Analyst Data
Recommendationstrong_buy
Target Price$10.00
Technical Indicators
SMA20$5.88
SMA50$6.39
SMA200$8.52
RSI17.02
ATR0.4079
Shares Float8.92M
Short Float6.08%
Short Ratio4.68
Volatility0.34
Rel Volume0.66
Performance History
Week-5.22%
Month-30.10%
Quarter-44.82%
6 Months-37.90%
YTD-45.56%
Year-43.29%
3 Years-23.44%
5 Years-76.21%
10 Years-86.83%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-24 $4.90 82,706
2026-06-23 $4.98 92,700
2026-06-22 $5.08 85,000
2026-06-18 $5.27 93,800
2026-06-17 $5.02 103,500
2026-06-16 $5.17 113,900
2026-06-15 $5.40 227,100
2026-06-12 $5.31 154,000
2026-06-11 $5.26 292,800
2026-06-10 $5.56 252,300
2026-06-09 $5.90 138,900
2026-06-08 $6.15 61,400
2026-06-05 $6.20 150,000
2026-06-04 $6.85 62,000
2026-06-03 $6.76 97,800
2026-06-02 $6.63 78,000
2026-06-01 $6.47 127,100
2026-05-29 $6.75 83,900
2026-05-28 $6.91 93,800
2026-05-27 $7.04 99,200
2026-05-26 $7.35 109,100
About MIND Technology, Inc.

MIND Technology, Inc., together with its subsidiaries, designs, manufactures, and sells products for the oceanographic, hydrographic, and marine seismic industries in the United States, China, Norway, Turkey, Singapore, Japan, and internationally. The company offers GunLink seismic source acquisitions and control systems for operators of marine seismic surveys; BuoyLink RGNSS positioning system for positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; and SeaLink towed seismic streamer system. It also provides streamer weight collars, depth transducers, pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair, training, field service operations, and umbilical termination services. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

Period:
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Income Statement (Annual)
Metric 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Revenue
Reconciled Cost Of Revenue $22,283,000 $25,896,000 $20,201,000 $14,519,000
Cost Of Revenue $22,283,000 $25,896,000 $20,539,000 $15,062,000
Total Revenue $40,947,000 $46,863,000 $36,510,000 $25,012,000
Operating Revenue $40,947,000 $46,863,000 $36,510,000 $25,012,000
Expenses
Total Expenses $38,089,000 $40,045,000 $35,992,000 $30,662,000
Other Income Expense $43,000 $240,000 $-280,000 $256,000
Other Non Operating Income Expenses $43,000 $240,000 $-280,000 $256,000
Operating Expense $15,806,000 $14,149,000 $15,453,000 $15,600,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $750,000 $5,074,000 $-1,100,000 $-6,093,000
Normalized Income $750,000 $5,074,000 $-1,100,000 $-6,093,000
Net Income From Continuing And Discontinued Operation $750,000 $5,074,000 $274,000 $-8,832,000
Total Operating Income As Reported $2,858,000 $6,818,000 $518,000 $-5,650,000
Net Income Common Stockholders $750,000 $17,603,000 $-3,514,000 $-12,620,000
Net Income $750,000 $5,074,000 $274,000 $-8,832,000
Net Income Including Noncontrolling Interests $750,000 $5,074,000 $274,000 $-8,832,000
Net Income Continuous Operations $750,000 $5,074,000 $-1,100,000 $-6,093,000
Pretax Income $2,901,000 $7,058,000 $238,000 $-5,394,000
Operating Income $2,858,000 $6,818,000 $518,000 $-5,650,000
Depreciation Amortization Depletion Income Statement $873,000 $944,000 $1,178,000 $1,344,000
Depreciation And Amortization In Income Statement $873,000 $944,000 $1,178,000 $1,344,000
Gross Profit $18,664,000 $20,967,000 $15,971,000 $9,950,000
Net Income Discontinuous Operations - $0 $1,374,000 $-2,739,000
Special Income Charges - - - -
Per Share
Diluted EPS $0.09 $4.32 $-2.50 $-9.20
Basic EPS $0.09 $4.32 $-2.50 $-9.20
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $3,731,000 $7,762,000 $2,034,000 $-3,763,000
Reconciled Depreciation $873,000 $944,000 $1,516,000 $1,887,000
EBITDA (Bullshit earnings) $3,731,000 $7,762,000 $2,034,000 $-3,763,000
EBIT $2,858,000 $6,818,000 $518,000 $-5,650,000
Diluted Average Shares $8,328,000 $4,078,000 $1,406,000 $1,378,400
Basic Average Shares $8,258,000 $4,078,000 $1,406,000 $1,378,400
Diluted NI Availto Com Stockholders $750,000 $17,603,000 $-3,514,000 $-12,620,000
Tax Provision $2,151,000 $1,984,000 $1,338,000 $699,000
Research And Development $1,586,000 $1,914,000 $2,133,000 $1,373,000
Selling General And Administration $13,347,000 $11,291,000 $12,142,000 $12,883,000
Preferred Stock Dividends - $-12,529,000 $3,788,000 $3,788,000
Total Unusual Items - - - -
Total Unusual Items Excluding Goodwill - - - -
Impairment Of Capital Assets - - - -
Provision For Doubtful Accounts - - - -
Fetched: 2026-06-23
Balance Sheet (Annual)
Metric 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Assets
Net Tangible Assets $39,664,000 $25,024,000 $19,753,000 $19,419,000
Total Assets $49,266,000 $36,720,000 $33,491,000 $32,858,000
Total Non Current Assets $4,382,000 $4,605,000 $5,152,000 $10,624,000
Non Current Deferred Assets $302,000 $87,000 $122,000 $0
Non Current Deferred Taxes Assets $302,000 $87,000 $122,000 $0
Goodwill And Other Intangible Assets $1,753,000 $2,308,000 $2,888,000 $3,633,000
Other Intangible Assets $1,753,000 $2,308,000 $2,888,000 $3,633,000
Current Assets $44,884,000 $32,115,000 $28,339,000 $22,234,000
Other Current Assets $2,114,000 $1,217,000 $3,113,000 $1,400,000
Inventory $11,150,000 $13,745,000 $13,371,000 $11,026,000
Receivables $12,570,000 $11,817,000 $6,566,000 $3,247,000
Accounts Receivable $12,570,000 $11,817,000 $6,566,000 $3,247,000
Allowance For Doubtful Accounts Receivable $-332,000 $-332,000 $-332,000 $-332,000
Gross Accounts Receivable $12,902,000 $12,149,000 $6,898,000 $3,579,000
Cash Cash Equivalents And Short Term Investments $19,050,000 $5,336,000 $5,289,000 $778,000
Cash And Cash Equivalents $19,050,000 $5,336,000 $5,289,000 $778,000
Assets Held For Sale Current - - $0 $5,783,000
Other Non Current Assets - - - $4,289,000
Prepaid Assets - - - -
Debt
Total Debt $1,092,000 $1,320,000 $1,324,000 $1,749,000
Long Term Debt And Capital Lease Obligation $406,000 $743,000 $573,000 $846,000
Current Debt And Capital Lease Obligation $686,000 $577,000 $751,000 $903,000
Liabilities
Total Liabilities Net Minority Interest $7,849,000 $9,388,000 $10,850,000 $9,806,000
Total Non Current Liabilities Net Minority Interest $406,000 $743,000 $573,000 $875,000
Current Liabilities $7,443,000 $8,645,000 $10,277,000 $8,931,000
Current Deferred Liabilities $1,291,000 $1,792,000 $3,649,000 $359,000
Payables And Accrued Expenses $5,466,000 $6,276,000 $5,617,000 $4,677,000
Payables $3,870,000 $5,031,000 $3,737,000 $3,987,000
Total Tax Payable $2,656,000 $2,473,000 $2,114,000 $1,493,000
Income Tax Payable $2,656,000 $2,473,000 $2,114,000 $1,493,000
Accounts Payable $1,214,000 $2,558,000 $1,623,000 $2,494,000
Other Current Liabilities - $232,000 $260,000 $2,992,000
Non Current Deferred Liabilities - - $0 $29,000
Non Current Deferred Taxes Liabilities - - $0 $29,000
Dividends Payable - - - $0
Equity
Common Stock Equity $41,417,000 $27,332,000 $-15,138,000 $-14,727,000
Total Equity Gross Minority Interest $41,417,000 $27,332,000 $22,641,000 $23,052,000
Stockholders Equity $41,417,000 $27,332,000 $22,641,000 $23,052,000
Gains Losses Not Affecting Retained Earnings $34,000 $34,000 $34,000 $34,000
Other Equity Adjustments $34,000 $34,000 $34,000 $34,000
Retained Earnings $-107,698,000 $-108,448,000 $-128,307,000 $-127,635,000
Preferred Stock Equity - - $37,779,000 $37,779,000
Other
Preferred Shares Number $1,682,985 $1,682,985 $1,683,000 $1,683,000
Ordinary Shares Number $9,089,055 $7,969,421 $1,405,779 $1,378,800
Share Issued $9,089,055 $7,969,421 $1,405,779 $1,572,100
Tangible Book Value $39,664,000 $25,024,000 $-18,026,000 $-18,360,000
Invested Capital $41,417,000 $27,332,000 $-15,138,000 $-14,727,000
Working Capital $37,441,000 $23,470,000 $18,062,000 $13,303,000
Capital Lease Obligations $1,092,000 $1,320,000 $1,324,000 $1,749,000
Total Capitalization $41,417,000 $27,332,000 $22,641,000 $23,052,000
Additional Paid In Capital $148,990,000 $135,666,000 $113,121,000 $129,721,000
Capital Stock $91,000 $80,000 $37,793,000 $37,795,000
Common Stock $91,000 $80,000 $14,000 $16,000
Preferred Stock $0 $0 $37,779,000 $37,779,000
Long Term Capital Lease Obligation $406,000 $743,000 $573,000 $846,000
Current Deferred Revenue $1,291,000 $1,792,000 $3,649,000 $359,000
Current Capital Lease Obligation $686,000 $577,000 $751,000 $903,000
Current Accrued Expenses $1,596,000 $1,245,000 $1,880,000 $690,000
Net PPE $2,327,000 $2,210,000 $2,142,000 $2,702,000
Accumulated Depreciation $-9,325,000 $-9,580,000 $-9,334,000 $-9,124,000
Gross PPE $11,652,000 $11,790,000 $11,476,000 $11,826,000
Machinery Furniture Equipment $8,975,000 $9,473,000 $9,155,000 $9,080,000
Buildings And Improvements $1,092,000 $1,320,000 $1,324,000 $1,749,000
Land And Improvements $1,585,000 $997,000 $997,000 $997,000
Properties $0 $0 $0 $0
Inventories Adjustments Allowances $-1,595,000 $-1,537,000 $-1,531,000 $-1,215,000
Finished Goods $2,845,000 $3,980,000 $2,463,000 $2,744,000
Work In Process $2,178,000 $2,817,000 $3,709,000 $2,699,000
Raw Materials $7,722,000 $8,485,000 $8,730,000 $6,798,000
Treasury Stock - $0 $0 $16,863,000
Treasury Shares Number - - - $193,300
Other Properties - - - $1,749,000
Goodwill - - - -
Fetched: 2026-06-23
Cash Flow Statement (Annual)
Metric 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Free Cash Flow
Free Cash Flow $1,923,000 $214,000 $-5,257,000 $-3,487,000
Operating Activities
Operating Cash Flow $2,586,000 $651,000 $-4,967,000 $-2,905,000
Cash Flow From Continuing Operating Activities $2,586,000 $651,000 $-4,967,000 $-2,905,000
Operating Gains Losses - $-457,000 $-2,819,000 $-939,000
Investing Activities
Capital Expenditure $-663,000 $-437,000 $-290,000 $-582,000
Investing Cash Flow $-663,000 $20,000 $11,018,000 $470,000
Cash Flow From Continuing Investing Activities $-663,000 $20,000 $11,018,000 $470,000
Net Other Investing Changes - $457,000 $476,000 $1,052,000
Financing Activities
Issuance Of Capital Stock $11,785,000 $0 - $0
Financing Cash Flow $11,785,000 $-619,000 $-1,535,000 $-1,895,000
Cash Flow From Continuing Financing Activities $11,785,000 $-619,000 $-1,535,000 $-1,895,000
Net Common Stock Issuance $11,785,000 $0 $0 $-1,000
Common Stock Issuance $11,785,000 $0 - $0
Net Other Financing Charges - $-619,000 $214,000 -
Cash Dividends Paid - $0 $-946,000 $-1,894,000
Preferred Stock Dividend Paid - $0 $-946,000 $-1,894,000
Repurchase Of Capital Stock - - $0 $-1,000
Net Preferred Stock Issuance - - - $0
Preferred Stock Issuance - - - $0
Other
Interest Paid Supplemental Data $0 $0 $634,000 $4,000
Income Tax Paid Supplemental Data $2,202,000 $1,654,000 $847,000 $371,000
End Cash Position $19,050,000 $5,336,000 $5,289,000 $778,000
Beginning Cash Position $5,336,000 $5,289,000 $778,000 $5,114,000
Effect Of Exchange Rate Changes $6,000 $-5,000 $-5,000 $-6,000
Changes In Cash $13,708,000 $52,000 $4,516,000 $-4,330,000
Net PPE Purchase And Sale $-663,000 $-437,000 $-290,000 $-570,000
Purchase Of PPE $-663,000 $-437,000 $-290,000 $-570,000
Change In Working Capital $-599,000 $-5,248,000 $-4,387,000 $2,316,000
Change In Other Working Capital $684,000 $-1,496,000 $3,713,000 $-1,557,000
Change In Payables And Accrued Expense $-1,999,000 $45,000 $-334,000 $775,000
Change In Payable $-1,999,000 $45,000 $-334,000 $775,000
Change In Account Payable $-1,999,000 $45,000 $-334,000 $775,000
Change In Prepaid Assets $-895,000 $1,897,000 $-847,000 $-10,000
Change In Inventory $2,366,000 $-441,000 $-3,601,000 $-1,756,000
Change In Receivables $-755,000 $-5,253,000 $-3,318,000 $4,864,000
Changes In Account Receivables $-735,000 $-5,246,000 $-3,343,000 $4,890,000
Stock Based Compensation $1,550,000 $235,000 $261,000 $654,000
Provisionand Write Offof Assets $227,000 $68,000 $341,000 $445,000
Deferred Tax $-215,000 $35,000 $-153,000 $-62,000
Deferred Income Tax $-215,000 $35,000 $-153,000 $-62,000
Depreciation Amortization Depletion $873,000 $944,000 $1,516,000 $1,887,000
Depreciation And Amortization $873,000 $944,000 $1,516,000 $1,887,000
Amortization Cash Flow $572,000 $638,000 - -
Amortization Of Intangibles $572,000 $638,000 - -
Depreciation $301,000 $306,000 - -
Gain Loss On Sale Of PPE $0 $-457,000 $-476,000 $-939,000
Net Income From Continuing Operations $750,000 $5,074,000 $274,000 $-8,832,000
Repayment Of Debt - $0 $-3,750,000 $0
Issuance Of Debt - $0 $2,947,000 $0
Net Issuance Payments Of Debt - $0 $-803,000 $0
Net Short Term Debt Issuance - $0 $-803,000 $0
Short Term Debt Payments - $0 $-3,750,000 $0
Short Term Debt Issuance - $0 $2,947,000 $0
Net Business Purchase And Sale - $0 $10,832,000 $0
Sale Of Business - $0 $10,832,000 $0
Gain Loss On Sale Of Business - $0 $-2,343,000 $0
Common Stock Payments - - $0 $-1,000
Net Intangibles Purchase And Sale - - $-49,000 $-12,000
Purchase Of Intangibles - - $-49,000 $-12,000
Other Non Cash Items - - - $1,626,000
Long Term Debt Issuance - - - -
Sale Of PPE - - - -
Asset Impairment Charge - - - -
Fetched: 2026-06-23