MIND
MIND Technology, Inc.
Price Chart
Latest Quote
$4.90
| Previous Close | $4.98 |
| Open | $4.98 |
| Day High | $5.25 |
| Day Low | $4.82 |
| Volume | 82,706 |
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 |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $29.43M |
| Sales | $42.72M |
| Income | $1.31M |
| Book/sh | $4.57 |
| Cash/sh | $1.94 |
| Employees | 157 |
Financial Ratios
| Quick Ratio | 3.80 |
| Current Ratio | 5.20 |
| Debt/Eq | 2.19 |
Returns & Margins
| ROA | 5.07% |
| ROE | 3.84% |
| Gross Margin | 45.49% |
| Operating Margin | 0.14% |
| Profit Margin | 3.06% |
Ownership
| Insider Ownership | 1.86% |
| Institutional Ownership | 15.91% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 7.21 |
| PEG | 0.37 |
| P/S | 1.04 |
| P/B | 1.07 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $10.00 |
Technical Indicators
| SMA20 | $5.88 |
| SMA50 | $6.39 |
| SMA200 | $8.52 |
| RSI | 17.02 |
| ATR | 0.4079 |
| Shares Float | 8.92M |
| Short Float | 6.08% |
| Short Ratio | 4.68 |
| Volatility | 0.34 |
| Rel Volume | 0.66 |
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% |
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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.
đ° Latest News
MIND's Q1 Loss Narrows Y/Y on Strong Aftermarket Business
Zacks âĸ 2026-06-16T17:23:00ZMIND Technology Inc (MIND) Q1 2027 Earnings Call Highlights: Navigating Challenges with ...
GuruFocus.com âĸ 2026-06-11T21:00:16ZMIND Technology Downgraded to Neutral Amid Backlog Decline
Zacks âĸ 2026-04-28T17:43:00ZMIND Technology Incurs Q4 Loss, Hurt by Order Delays
Zacks âĸ 2026-04-21T16:24:00ZMIND Technology Inc (MIND) Q4 2026 Earnings Call Highlights: Strong Cash Flow and Strategic ...
GuruFocus.com âĸ 2026-04-17T07:02:19ZMIND Technology Q4 Earnings Call Highlights
MarketBeat âĸ 2026-04-16T15:07:20ZMIND Technology, Inc. Q4 2026 Earnings Call Summary
Moby âĸ 2026-04-16T12:30:00ZMind Technology (MIND) Q2 2026 Earnings Transcript
Motley Fool âĸ 2026-04-15T15:05:58ZThe Zacks Analyst Blog Highlights Netflix, Advanced Micro Devices, SAP and MIND Technology
Zacks âĸ 2026-03-27T07:24:00ZTop Analyst Reports for Netflix, Advanced Micro Devices and SAP
Zacks âĸ 2026-03-26T19:36:00ZIncome 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 | - | - | - | - |
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 | - | - | - | - |
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 | - | - | - | - |