Mind Technology Inc
NASDAQ:MIND

Watchlist Manager
Mind Technology Inc Logo
Mind Technology Inc
NASDAQ:MIND
Watchlist
Price: 8.115 USD 4.57% Market Closed
Market Cap: $64.7m

Gross Margin

45.9%
Current
Improving
by 3.1%
vs 3-y average of 42.9%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.9%
=
Gross Profit
$21.2m
/
Revenue
$46.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.9%
=
Gross Profit
$21.2m
/
Revenue
$46.2m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Mind Technology Inc
NASDAQ:MIND
61.8m USD
Loading...
US
Schlumberger NV
NYSE:SLB
76.2B USD
Loading...
US
Baker Hughes Co
NASDAQ:BKR
58.6B USD
Loading...
US
Halliburton Co
NYSE:HAL
29.5B USD
Loading...
LU
Tenaris SA
MIL:TEN
20.5B EUR
Loading...
UK
TechnipFMC PLC
NYSE:FTI
24B USD
Loading...
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
89.1B CNY
Loading...
CN
Sinopec Oilfield Service Corp
SSE:600871
54.6B CNY
Loading...
UK
Subsea 7 SA
OSE:SUBC
71.4B NOK
Loading...
US
Weatherford International PLC
NASDAQ:WFRD
7.6B USD
Loading...
IT
Saipem SpA
MIL:SPM
6.1B EUR
Loading...

Market Distribution

In line with most companies in the United States of America
Percentile
53rd
Based on 12 729 companies
53rd percentile
45.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Mind Technology Inc
Glance View

Market Cap
64.7m USD
Industry
N/A

MIND Technology, Inc. engages in the provision of technology and solutions for exploration, survey and defense applications in oceanographic, hydrographic, defense, seismic and security industries. The company is headquartered in The Woodlands, Texas. The firm is focused on three markets within the marine technology space: marine exploration, marine survey, and maritime security. The firm's marine technology products business includes Seamap Pte Ltd, Seamap USA., LLC, Seamap (Malaysia) Sdn Bhd and Seamap (United Kingdom) Ltd, collectively Seamap, which designs, manufactures and sells a range of products for the oceanographic, hydrographic and marine seismic industries. Seamap's primary products include the GunLink seismic source acquisition and control systems (energy source controllers), and the BuoyLink relative global positioning system (RGPS) tracking system, which is used to provide precise positioning of seismic sources and streamers. The firm's Klein Marine Systems, Inc. (Klein), designs, manufactures and sells high performance side scan sonar and water-side security systems.

MIND Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
45.9%
=
Gross Profit
$21.2m
/
Revenue
$46.2m
What is Mind Technology Inc's current Gross Margin?

The current Gross Margin for Mind Technology Inc is 45.9%, which is above its 3-year median of 42.9%.

How has Gross Margin changed over time?

Over the last 3 years, Mind Technology Inc’s Gross Margin has increased from 31.8% to 45.9%. During this period, it reached a low of 31.8% on Oct 31, 2022 and a high of 45.9% on Jul 31, 2024.

Back to Top