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MIND · Nasdaq · United States · Search, Detection, Navigation, Guidance, Aeronautical Sys
In shortMIND TECHNOLOGY, INC is profitable.
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 7.0% | 40/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.8% | 27/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 2.2% | 11/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 6.03× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.79 | 69/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.56× | 100/100 |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 22.3% | 29/100 |
| Operating margin volatility | 31.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 17.9% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 23 | 25 | 37 | 47 | 41 |
| Gross profit | 6 | 10 | 16 | 21 | 19 |
| Research & development | 3.6 | 1.4 | 2.1 | 1.9 | 1.6 |
| Selling, general & admin | 15 | 13 | 12 | 11 | 13 |
| Operating income | (15) | (5.7) | 0.5 | 6.8 | 2.9 |
| Pre-tax income | (14) | (5.4) | 0.2 | 7.1 | 2.9 |
| Income tax | (0) | 0.7 | 1.3 | 2 | 2.2 |
| Net income | (15) | (8.8) | 0.3 | 5.1 | 0.8 |
| Diluted EPS | −$1.31 | −$0.92 | – | – | – |
| Diluted shares (millions) | 14 | 1.4 | 0 | 4.1 | 8.3 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of MIND TECHNOLOGY, INC are included in the Investor plan. Try free for 7 days →
3.79 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Sep 9, 2026