Symbols / MIND Stock $6.28 -0.32% MIND Technology, Inc.

Technology • Scientific & Technical Instruments • United States • NCM
MIND (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally. The company's primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise 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 and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

Stock Fundamentals
Scroll to Statements
Market Cap 57.08M Enterprise Value 39.30M Income 750.00K Sales 40.95M Book/sh 4.56 Cash/sh 2.10
Dividend Yield — Payout 0.00% Employees — IPO — P/E 69.78 Forward P/E 9.24
PEG 0.37 P/S 1.39 P/B 1.38 P/C — EV/EBITDA 10.53 EV/Sales 0.96
Quick Ratio 4.25 Current Ratio 6.03 Debt/Eq 2.64 LT Debt/Eq — EPS (ttm) 0.09 EPS next Y 0.68
EPS Growth — Revenue Growth -34.90% Earnings 2026-06-09 ROA 4.16% ROE 2.18% ROIC —
Gross Margin 45.58% Oper. Margin 0.80% Profit Margin 1.83% Shs Outstand 9.09M Shs Float 8.92M Short Float 5.97%
Short Ratio 3.19 Short Interest — 52W High 14.50 52W Low 5.51 Beta 0.54 Avg Volume 179.40K
Volume 20.43K Target Price $10.00 Recom None Prev Close $6.30 Price $6.28 Change -0.32%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.00
Mean price target
2. Current target
$6.28
Latest analyst target
3. DCF / Fair value
$6.30
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.28
Low
$10.00
High
$10.00
Mean
$10.00
News
RSS: Latest MIND news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Total Revenue
46.86
+28.36%
36.51
+4.04%
35.09
+51.86%
23.11
Operating Revenue
46.86
+28.36%
36.51
+4.04%
35.09
+51.86%
23.11
Cost Of Revenue
25.90
+26.08%
20.54
-7.13%
22.12
+29.45%
17.09
Reconciled Cost Of Revenue
25.90
+28.19%
20.20
-8.66%
22.12
+29.48%
17.08
Gross Profit
20.97
+31.28%
15.97
+23.09%
12.97
+115.46%
6.02
Operating Expense
14.15
-8.44%
15.45
-24.95%
20.59
+0.11%
20.57
Research And Development
1.91
-10.27%
2.13
-37.23%
3.40
-5.51%
3.60
Selling General And Administration
11.29
-7.01%
12.14
-20.66%
15.30
+3.68%
14.76
Total Expenses
40.05
+11.26%
35.99
-15.72%
42.70
+13.42%
37.65
Operating Income
6.82
+1216.22%
0.52
+106.80%
-7.61
+47.65%
-14.54
Total Operating Income As Reported
6.82
+1216.22%
0.52
+106.80%
-7.61
+47.65%
-14.54
EBITDA
7.76
+281.61%
2.03
+135.52%
-5.73
+53.55%
-12.33
Normalized EBITDA
7.76
+281.61%
2.03
+135.52%
-5.73
+53.55%
-12.33
Reconciled Depreciation
0.94
-37.73%
1.52
-19.66%
1.89
-14.77%
2.21
EBIT
6.82
+1216.22%
0.52
+106.80%
-7.61
+47.65%
-14.54
Total Unusual Items
—
—
—
0.00
Total Unusual Items Excluding Goodwill
—
—
—
0.00
Special Income Charges
—
—
—
0.00
Impairment Of Capital Assets
—
—
—
0.00
Net Income
5.07
+1751.82%
0.27
+103.10%
-8.83
+41.45%
-15.09
Pretax Income
7.06
+2865.55%
0.24
+103.54%
-6.73
+50.57%
-13.62
Other Income Expense
0.24
+185.71%
-0.28
-131.75%
0.88
-4.75%
0.93
Other Non Operating Income Expenses
0.24
+185.71%
-0.28
-131.75%
0.88
-4.75%
0.93
Tax Provision
1.98
+48.28%
1.34
+91.42%
0.70
+1892.31%
-0.04
Tax Rate For Calcs
0.00
+33.86%
0.00
+0.00%
0.00
+7232.40%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
5.07
+1751.82%
0.27
+103.10%
-8.83
+41.45%
-15.09
Net Income From Continuing Operation Net Minority Interest
5.07
+561.27%
-1.10
+85.20%
-7.43
+45.28%
-13.58
Net Income From Continuing And Discontinued Operation
5.07
+1751.82%
0.27
+103.10%
-8.83
+41.45%
-15.09
Net Income Continuous Operations
5.07
+561.27%
-1.10
+85.20%
-7.43
+45.28%
-13.58
Net Income Discontinuous Operations
0.00
-100.00%
1.37
+198.07%
-1.40
+6.97%
-1.51
Normalized Income
5.07
+561.27%
-1.10
+85.20%
-7.43
+45.28%
-13.58
Net Income Common Stockholders
17.60
+600.94%
-3.51
+72.16%
-12.62
+29.83%
-17.99
Diluted EPS
4.32
+272.80%
-2.50
+72.83%
-9.20
—
Basic EPS
4.32
+272.80%
-2.50
+72.83%
-9.20
—
Basic Average Shares
4.08
+190.04%
1.41
+2.00%
1.38
—
Diluted Average Shares
4.08
+190.04%
1.41
+2.00%
1.38
—
Diluted NI Availto Com Stockholders
17.60
+600.94%
-3.51
+72.16%
-12.62
+29.83%
-17.99
Depreciation Amortization Depletion Income Statement
0.94
-19.86%
1.18
-37.57%
1.89
-14.58%
2.21
Depreciation And Amortization In Income Statement
0.94
-19.86%
1.18
-37.57%
1.89
-14.58%
2.21
Preferred Stock Dividends
-12.53
-430.76%
3.79
+0.00%
3.79
+30.58%
2.90
Provision For Doubtful Accounts
—
—
—
0.00
Line Item Trend 2023-01-31 2022-01-31
Total Assets
32.86
-21.80%
42.02
Current Assets
22.23
-23.98%
29.25
Cash Cash Equivalents And Short Term Investments
0.78
-84.79%
5.11
Cash And Cash Equivalents
0.78
-84.79%
5.11
Receivables
3.99
-50.86%
8.13
Accounts Receivable
3.99
-50.86%
8.13
Gross Accounts Receivable
4.50
-47.77%
8.61
Allowance For Doubtful Accounts Receivable
-0.50
-4.13%
-0.48
Inventory
15.32
+9.37%
14.01
Raw Materials
8.48
-0.36%
8.51
Work In Process
4.42
+23.97%
3.57
Finished Goods
4.16
+9.20%
3.81
Prepaid Assets
—
1.84
Assets Held For Sale Current
0.00
-100.00%
0.16
Other Current Assets
2.14
+16.52%
1.84
Total Non Current Assets
10.62
-16.83%
12.78
Net PPE
5.69
-6.76%
6.11
Gross PPE
16.88
-18.16%
20.63
Accumulated Depreciation
-11.19
+22.96%
-14.52
Properties
4.88
0.00
Land And Improvements
1.00
-78.11%
4.55
Buildings And Improvements
1.75
—
Machinery Furniture Equipment
10.25
-1.02%
10.36
Other Properties
1.75
-69.40%
5.71
Goodwill And Other Intangible Assets
4.93
-18.06%
6.02
Goodwill
—
0.00
Other Intangible Assets
4.93
-18.06%
6.02
Non Current Deferred Assets
0.00
—
Non Current Deferred Taxes Assets
0.00
—
Other Non Current Assets
4.29
+559.85%
0.65
Total Liabilities Net Minority Interest
9.81
-16.59%
11.76
Current Liabilities
8.93
-16.52%
10.70
Payables And Accrued Expenses
6.83
+29.19%
5.29
Payables
5.62
+46.66%
3.83
Accounts Payable
4.10
+100.44%
2.05
Dividends Payable
0.00
-100.00%
0.95
Current Accrued Expenses
1.21
-16.76%
1.46
Total Tax Payable
1.52
+81.12%
0.84
Income Tax Payable
1.52
+81.12%
0.84
Current Debt And Capital Lease Obligation
0.90
+3.91%
0.87
Current Capital Lease Obligation
0.90
+3.91%
0.87
Current Deferred Liabilities
0.57
-79.84%
2.83
Current Deferred Revenue
0.57
-79.84%
2.83
Other Current Liabilities
0.63
-63.30%
1.71
Total Non Current Liabilities Net Minority Interest
0.88
-17.30%
1.06
Long Term Debt And Capital Lease Obligation
0.85
-12.42%
0.97
Long Term Capital Lease Obligation
0.85
-12.42%
0.97
Non Current Deferred Liabilities
0.03
-68.48%
0.09
Non Current Deferred Taxes Liabilities
0.03
-68.48%
0.09
Stockholders Equity
23.05
-23.83%
30.26
Common Stock Equity
-14.73
-95.94%
-7.52
Capital Stock
37.94
+0.00%
37.94
Common Stock
0.16
+0.00%
0.16
Preferred Stock
37.78
+0.00%
37.78
Share Issued
1.57
+0.10%
1.57
Ordinary Shares Number
1.38
+0.10%
1.38
Treasury Shares Number
0.19
+0.10%
0.19
Additional Paid In Capital
129.58
+0.51%
128.93
Retained Earnings
-127.64
-8.30%
-117.86
Gains Losses Not Affecting Retained Earnings
0.03
+101.81%
-1.88
Treasury Stock
16.86
+0.01%
16.86
Other Equity Adjustments
0.03
+101.81%
-1.88
Total Equity Gross Minority Interest
23.05
-23.83%
30.26
Total Capitalization
23.05
-23.83%
30.26
Working Capital
13.30
-28.28%
18.55
Invested Capital
-14.73
-95.94%
-7.52
Total Debt
1.75
-4.69%
1.83
Capital Lease Obligations
1.75
-4.69%
1.83
Net Tangible Assets
18.12
-25.26%
24.25
Tangible Book Value
-19.66
-45.25%
-13.53
Inventories Adjustments Allowances
-1.74
+7.35%
-1.88
Preferred Shares Number
1.68
+0.00%
1.68
Preferred Stock Equity
37.78
+0.00%
37.78
Line Item Trend 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Operating Cash Flow
0.65
+113.11%
-4.97
-70.98%
-2.90
+83.05%
-17.13
Cash Flow From Continuing Operating Activities
0.65
+113.11%
-4.97
-70.98%
-2.90
+83.05%
-17.13
Net Income From Continuing Operations
5.07
+1751.82%
0.27
+103.10%
-8.83
+41.45%
-15.09
Depreciation Amortization Depletion
0.94
-37.73%
1.52
-19.66%
1.89
-14.77%
2.21
Depreciation And Amortization
0.94
-37.73%
1.52
-19.66%
1.89
-14.77%
2.21
Other Non Cash Items
—
—
1.63
—
Stock Based Compensation
0.23
-9.96%
0.26
-60.09%
0.65
+1.71%
0.64
Provisionand Write Offof Assets
0.07
-80.06%
0.34
-23.37%
0.45
-4.91%
0.47
Asset Impairment Charge
—
—
—
0.00
Deferred Tax
0.04
+122.88%
-0.15
-146.77%
-0.06
+41.51%
-0.11
Deferred Income Tax
0.04
+122.88%
-0.15
-146.77%
-0.06
+41.51%
-0.11
Operating Gains Losses
-0.46
+83.79%
-2.82
-200.21%
-0.94
+6.57%
-1.00
Gain Loss On Sale Of PPE
-0.46
+3.99%
-0.48
+49.31%
-0.94
-505.81%
-0.15
Change In Working Capital
-5.25
-19.63%
-4.39
-289.42%
2.32
+154.33%
-4.26
Change In Receivables
-5.25
-58.32%
-3.32
-168.22%
4.86
+249.57%
-3.25
Changes In Account Receivables
-5.25
-56.92%
-3.34
-168.36%
4.89
+253.05%
-3.19
Change In Inventory
-0.44
+87.75%
-3.60
-105.07%
-1.76
+42.88%
-3.07
Change In Prepaid Assets
1.90
+323.97%
-0.85
-8370.00%
-0.01
+98.23%
-0.56
Change In Payables And Accrued Expense
0.04
+113.47%
-0.33
-143.10%
0.78
+8.70%
0.71
Change In Payable
0.04
+113.47%
-0.33
-143.10%
0.78
+8.70%
0.71
Change In Account Payable
0.04
+113.47%
-0.33
-143.10%
0.78
+8.70%
0.71
Change In Other Working Capital
-1.50
-140.29%
3.71
+338.47%
-1.56
-181.31%
1.92
Investing Cash Flow
0.02
-99.82%
11.02
+2244.26%
0.47
-91.24%
5.36
Cash Flow From Continuing Investing Activities
0.02
-99.82%
11.02
+2244.26%
0.47
-91.24%
5.36
Net PPE Purchase And Sale
-0.44
-81.33%
-0.24
+57.72%
-0.57
+31.65%
-0.83
Purchase Of PPE
-0.44
-81.33%
-0.24
+57.72%
-0.57
+31.65%
-0.83
Sale Of PPE
—
—
—
0.00
Capital Expenditure
-0.44
-50.69%
-0.29
+50.17%
-0.58
+30.22%
-0.83
Net Business Purchase And Sale
0.00
-100.00%
10.83
0.00
-100.00%
0.76
Gain Loss On Sale Of Business
0.00
+100.00%
-2.34
0.00
—
Net Intangibles Purchase And Sale
—
-0.05
-308.33%
-0.01
0.00
Purchase Of Intangibles
—
-0.05
-308.33%
-0.01
0.00
Net Other Investing Changes
0.46
-3.99%
0.48
-54.75%
1.05
-80.65%
5.44
Financing Cash Flow
-0.62
+59.67%
-1.53
+19.00%
-1.90
-115.55%
12.19
Cash Flow From Continuing Financing Activities
-0.62
+59.67%
-1.53
+19.00%
-1.90
-115.55%
12.19
Net Issuance Payments Of Debt
0.00
+100.00%
-0.80
0.00
0.00
Issuance Of Debt
0.00
-100.00%
2.95
0.00
0.00
Repayment Of Debt
0.00
+100.00%
-3.75
0.00
—
Long Term Debt Issuance
—
—
—
0.00
Short Term Debt Issuance
0.00
-100.00%
2.95
0.00
—
Short Term Debt Payments
0.00
+100.00%
-3.75
0.00
—
Net Short Term Debt Issuance
0.00
+100.00%
-0.80
0.00
—
Net Common Stock Issuance
—
0.00
+100.00%
-0.00
-102.44%
0.04
Common Stock Payments
—
0.00
+100.00%
-0.00
+50.00%
-0.00
Cash Dividends Paid
0.00
+100.00%
-0.95
+50.05%
-1.89
+25.14%
-2.53
Repurchase Of Capital Stock
—
0.00
+100.00%
-0.00
+50.00%
-0.00
Net Other Financing Charges
-0.62
-389.25%
0.21
—
—
Changes In Cash
0.05
-98.85%
4.52
+204.30%
-4.33
-1138.37%
0.42
Effect Of Exchange Rate Changes
-0.01
+0.00%
-0.01
+16.67%
-0.01
-106.98%
0.09
Beginning Cash Position
5.29
+579.82%
0.78
-84.79%
5.11
+10.91%
4.61
End Cash Position
5.34
+0.89%
5.29
+579.82%
0.78
-84.79%
5.11
Free Cash Flow
0.21
+104.07%
-5.26
-50.76%
-3.49
+80.59%
-17.97
Interest Paid Supplemental Data
0.00
-100.00%
0.63
+15750.00%
0.00
-87.10%
0.03
Income Tax Paid Supplemental Data
1.65
+95.28%
0.85
+128.30%
0.37
+4.51%
0.35
Common Stock Issuance
—
—
0.00
-100.00%
0.04
Issuance Of Capital Stock
—
—
0.00
-100.00%
14.72
Net Preferred Stock Issuance
—
—
0.00
-100.00%
14.68
Preferred Stock Dividend Paid
0.00
+100.00%
-0.95
+50.05%
-1.89
+25.14%
-2.53
Preferred Stock Issuance
—
—
0.00
-100.00%
14.68
Sale Of Business
0.00
-100.00%
10.83
0.00
-100.00%
0.76
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category