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 and currently employs 146 full-time employees. The firm offers marine technology products to marine survey, marine exploration, and maritime defense markets. The firm operates through one segment: Seamap Marine Products business, which is engaged in the design, manufacture and sale of specialized marine seismic equipment. Seamap’s primary products include the GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys more precise monitoring and control of energy sources; the BuoyLink relative global navigation satellite system (RGNSS) positioning system, which is used to provide precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources and the SeaLink towed seismic streamer system. Applications for these technologies include marine seismic surveys related to energy exploration and alternative energy projects.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
10/31/2025
07/31/2025
04/30/2025
01/31/2025
10/31/2024
Revenue
46
9
13
7
15
12
Revenue Growth (YoY)
2%
-25%
30%
-22%
15%
200%
Cost of Revenue
24
5
6
4
8
6
Gross Profit
21
4
6
3
6
5
Selling, General & Admin
13
3
3
3
2
2
Research & Development
1
0
0
0
0
0
Operating Expenses
15
3
4
3
3
3
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
5
0
2
0
2
1
Income Tax Expense
2
0
0
0
0
0
Net Income
3
0
1
0
2
15
Net Income Growth
-81%
-100%
--
--
--
--
Shares Outstanding (Diluted)
8.04
8.04
7.96
7.96
7.99
5.47
Shares Change (YoY)
47%
47%
467%
467%
469%
289%
EPS (Diluted)
0.38
0
0.24
-0.12
0.25
2.87
EPS Growth
-87%
-100%
-328%
-2,534%
-27%
-1,204%
Free Cash Flow
5
0
-1
3
1
2
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
45.65%
44.44%
46.15%
42.85%
40%
41.66%
Operating Margin
10.86%
0%
15.38%
0%
13.33%
8.33%
Profit Margin
6.52%
0%
7.69%
0%
13.33%
125%
Free Cash Flow Margin
10.86%
0%
-7.69%
42.85%
6.66%
16.66%
EBITDA
5
0
2
0
2
1
EBITDA Margin
10.86%
0%
15.38%
0%
13.33%
8.33%
D&A For EBITDA
0
0
0
0
0
0
EBIT
5
0
2
0
2
1
EBIT Margin
10.86%
0%
15.38%
0%
13.33%
8.33%
Effective Tax Rate
40%
0%
0%
0%
0%
0%
Follow-Up Questions
What are Mind Technology Inc's key financial statements?
According to the latest financial statement (Form-10K), Mind Technology Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for MIND?
Mind Technology Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Mind Technology Inc's revenue broken down by segment or geography?
Mind Technology Inc largest revenue segment is Seamap, at a revenue of 36,510,000 in the most earnings release.For geography, Europe is the primary market for Mind Technology Inc, at a revenue of 20,248,000.
Is Mind Technology Inc profitable?
no, according to the latest financial statements, Mind Technology Inc has a net loss of $0
Does Mind Technology Inc have any liabilities?
no, Mind Technology Inc has liability of 0
How many outstanding shares for Mind Technology Inc?
Mind Technology Inc has a total outstanding shares of 0