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MIND TECHNOLOGY, INC (MIND)

For the quarter ending 2025-07-31, MIND made $13,561K in revenue. $1,929K in net income. Net profit margin of 14.22%.

Overview

Revenue
$13,561K
Net Income
$1,929K
Net Profit Margin
14.22%
EPS
$0.24
Unit: Thousand (K) dollars
Revenue Breakdown
    • NO
    • SG
    • TR
    • Others
Revenue Breakdown
    • Transferred At Point In Time
    • Transferred Over Time

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-07-31
2025-04-30
2024-10-31
2024-07-31
Sales of marine technology products13,561 7,902 12,105 10,036
Total cost of sales-Marine Technology Products6,732 - - -
Total cost of sales- 4,571 6,684 5,258
Gross profit6,829 3,331 5,421 4,778
Selling, general and administrative3,637 3,384 2,762 2,784
Research and development311 380 562 328
Depreciation and amortization217 225 221 236
Total operating expenses4,165 3,989 3,545 3,348
Operating income2,664 -658 1,876 1,430
Other, net-65 -18 -189 40
Total other income (expense)-65 -18 -189 40
Income before income taxes2,599 -676 1,687 1,470
Provision for income taxes670 294 396 672
Us-gaap_incomelossfromcontinuingoperationsincludingportionattributabletononcontrollinginterest- - 1,291 798
Net income1,929 -970 1,291 798
Preferred stock dividends - undeclared- - 368 947
Effect of preferred stock conversion- - 14,785 -
Net income (loss) attributable to common stockholders1,929 -970 15,708 -149
Basic and diluted (in shares)7,969,000 7,969,000 5,473,000 1,406,000
Net income (loss) per common share - basic and diluted (in dollars per share)0.24 -0.12 2.87 -0.11
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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CA$152K CN$618K JP$272K NO$8,906K SG$1,413K TR$982K US$736K Other Countries$482K Sales of marinetechnology products$13,561K (35.12%↑ Y/Y)Gross profit$6,829K (42.93%↑ Y/Y)Total cost ofsales-Marine Technology...$6,732K Operating income$2,664K (86.29%↑ Y/Y)Total operatingexpenses$4,165K (24.40%↑ Y/Y)Income before incometaxes$2,599K (76.80%↑ Y/Y)Total other income(expense)-$65K (-262.50%↓ Y/Y)Depreciation andamortization$217K (-8.05%↓ Y/Y)Research and development$311K (-5.18%↓ Y/Y)Selling, general andadministrative$3,637K (30.64%↑ Y/Y)Net income$1,929K (141.73%↑ Y/Y)Provision for income taxes$670K (-0.30%↓ Y/Y)Other, net-$65K (-262.50%↓ Y/Y)Net income (loss)attributable to common...$1,929K (1394.63%↑ Y/Y)