Mind Technology Inc
NASDAQ:MIND
Income Statement
Earnings Waterfall
Mind Technology Inc
Revenue
|
38.7m
USD
|
Cost of Revenue
|
-23.1m
USD
|
Gross Profit
|
15.6m
USD
|
Operating Expenses
|
-18.5m
USD
|
Operating Income
|
-2.9m
USD
|
Other Expenses
|
-1.4m
USD
|
Net Income
|
-4.3m
USD
|
Income Statement
Mind Technology Inc
Oct-2013 | Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
97
N/A
|
92
-5%
|
91
-2%
|
89
-1%
|
92
+3%
|
83
-10%
|
75
-10%
|
63
-16%
|
55
-12%
|
52
-6%
|
46
-10%
|
48
+2%
|
40
-16%
|
41
+3%
|
48
+16%
|
50
+5%
|
50
+1%
|
48
-4%
|
37
-22%
|
35
-7%
|
41
+17%
|
43
+5%
|
45
+5%
|
44
-3%
|
37
-15%
|
30
-20%
|
27
-9%
|
25
-6%
|
24
-6%
|
21
-11%
|
22
+5%
|
24
+8%
|
26
+8%
|
23
-10%
|
28
+21%
|
30
+7%
|
26
-12%
|
35
+33%
|
39
+10%
|
39
+0%
|
39
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(64)
|
(60)
|
(62)
|
(62)
|
(62)
|
(60)
|
(58)
|
(52)
|
(50)
|
(49)
|
(49)
|
(49)
|
(46)
|
(48)
|
(52)
|
(51)
|
(48)
|
(42)
|
(33)
|
(30)
|
(31)
|
(31)
|
(31)
|
(28)
|
(24)
|
(17)
|
(16)
|
(15)
|
(15)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(19)
|
(20)
|
(18)
|
(22)
|
(23)
|
(24)
|
(23)
|
|
Gross Profit |
33
N/A
|
32
-2%
|
29
-10%
|
28
-4%
|
30
+7%
|
23
-21%
|
17
-29%
|
11
-35%
|
5
-49%
|
3
-51%
|
(2)
N/A
|
(2)
+16%
|
(6)
-202%
|
(7)
-28%
|
(4)
+48%
|
(1)
+74%
|
2
N/A
|
6
+199%
|
4
-32%
|
5
+30%
|
10
+80%
|
12
+21%
|
14
+22%
|
15
+7%
|
13
-13%
|
13
-2%
|
11
-15%
|
10
-7%
|
9
-10%
|
7
-20%
|
7
+1%
|
8
+3%
|
8
+12%
|
6
-29%
|
9
+46%
|
10
+15%
|
8
-17%
|
13
+54%
|
15
+16%
|
15
-2%
|
16
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(26)
|
(26)
|
(27)
|
(26)
|
(30)
|
(29)
|
(28)
|
(27)
|
(24)
|
(30)
|
(30)
|
(28)
|
(24)
|
(23)
|
(23)
|
(23)
|
(24)
|
(27)
|
(28)
|
(26)
|
(25)
|
(30)
|
(22)
|
(21)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(19)
|
|
Selling, General & Administrative |
(25)
|
(25)
|
(25)
|
(25)
|
(24)
|
(28)
|
(27)
|
(25)
|
(24)
|
(21)
|
(22)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(18)
|
(17)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
6
N/A
|
6
-7%
|
2
-59%
|
1
-78%
|
3
+527%
|
(7)
N/A
|
(12)
-86%
|
(17)
-38%
|
(21)
-23%
|
(21)
+2%
|
(32)
-53%
|
(32)
+1%
|
(33)
-6%
|
(31)
+6%
|
(27)
+13%
|
(24)
+12%
|
(21)
+12%
|
(18)
+13%
|
(23)
-26%
|
(23)
+2%
|
(17)
+26%
|
(13)
+22%
|
(15)
-18%
|
(7)
+54%
|
(8)
-14%
|
(6)
+31%
|
(7)
-26%
|
(8)
-11%
|
(9)
-12%
|
(12)
-37%
|
(13)
-10%
|
(13)
-1%
|
(13)
+2%
|
(15)
-12%
|
(12)
+16%
|
(11)
+9%
|
(13)
-12%
|
(8)
+39%
|
(5)
+36%
|
(5)
N/A
|
(3)
+40%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(6)
|
(5)
|
0
|
(5)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
0
|
1
|
(0)
|
(0)
|
(3)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(2)
|
(1)
|
1
|
0
|
1
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
0
|
1
|
2
|
2
|
2
|
1
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
7
N/A
|
6
-17%
|
3
-51%
|
(0)
N/A
|
3
N/A
|
(10)
N/A
|
(15)
-51%
|
(20)
-30%
|
(26)
-31%
|
(28)
-6%
|
(34)
-21%
|
(34)
-1%
|
(35)
-3%
|
(31)
+10%
|
(28)
+12%
|
(24)
+15%
|
(21)
+12%
|
(20)
+2%
|
(23)
-15%
|
(23)
+2%
|
(23)
-3%
|
(20)
+16%
|
(16)
+16%
|
(14)
+18%
|
(9)
+30%
|
(6)
+34%
|
(10)
-63%
|
(11)
-9%
|
(12)
-8%
|
(14)
-14%
|
(11)
+17%
|
(11)
-1%
|
(11)
+2%
|
(14)
-23%
|
(12)
+9%
|
(11)
+7%
|
(13)
-11%
|
(7)
+47%
|
(4)
+41%
|
(4)
+5%
|
(2)
+45%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
1
|
2
|
4
|
5
|
(11)
|
(11)
|
(15)
|
(15)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
6
|
5
|
2
|
(0)
|
2
|
(9)
|
(13)
|
(16)
|
(21)
|
(39)
|
(45)
|
(49)
|
(50)
|
(33)
|
(29)
|
(25)
|
(23)
|
(21)
|
(24)
|
(24)
|
(23)
|
(20)
|
(16)
|
(13)
|
(9)
|
(7)
|
(11)
|
(11)
|
(12)
|
(14)
|
(11)
|
(12)
|
(12)
|
(14)
|
(13)
|
(12)
|
(13)
|
(7)
|
(5)
|
(5)
|
(3)
|
|
Net Income (Common) |
6
N/A
|
5
-25%
|
2
-54%
|
(0)
N/A
|
2
N/A
|
(9)
N/A
|
(13)
-43%
|
(16)
-19%
|
(21)
-35%
|
(39)
-83%
|
(45)
-16%
|
(49)
-8%
|
(50)
-3%
|
(34)
+33%
|
(30)
+11%
|
(26)
+14%
|
(24)
+8%
|
(22)
+8%
|
(25)
-15%
|
(25)
+2%
|
(25)
-1%
|
(22)
+14%
|
(18)
+16%
|
(17)
+7%
|
(14)
+18%
|
(13)
+3%
|
(18)
-33%
|
(21)
-20%
|
(23)
-8%
|
(23)
+1%
|
(20)
+12%
|
(16)
+19%
|
(15)
+5%
|
(18)
-18%
|
(17)
+7%
|
(16)
+3%
|
(19)
-17%
|
(13)
+34%
|
(10)
+17%
|
(10)
+4%
|
(4)
+57%
|
|
EPS (Diluted) |
5
N/A
|
3.69
-26%
|
1.67
-55%
|
-0.36
N/A
|
1.41
N/A
|
-7.66
N/A
|
-10.98
-43%
|
-13.06
-19%
|
-17.42
-33%
|
-32.25
-85%
|
-37.14
-15%
|
-40.27
-8%
|
-41.67
-3%
|
-28
+33%
|
-24.84
+11%
|
-21.47
+14%
|
-19.82
+8%
|
-18.33
+8%
|
-20.99
-15%
|
-20.54
+2%
|
-20.63
0%
|
-17.91
+13%
|
-15
+16%
|
-13.87
+8%
|
-11.22
+19%
|
-11.08
+1%
|
-14.47
-31%
|
-17.36
-20%
|
-18.52
-7%
|
-17.38
+6%
|
-14.44
+17%
|
-11.67
+19%
|
-11.03
+5%
|
-12.85
-17%
|
-12.16
+5%
|
-11.82
+3%
|
-13.88
-17%
|
-9
+35%
|
-7.57
+16%
|
-7.26
+4%
|
-3.05
+58%
|