MIND MIND Technology Dashboard

MIND Technology, Inc. engages in the provision of equipment to the geophysical, oceanographic, hydrographic and defence industries. It operates through the following segments: Marine Technology products and Equipment Leasing. The Marine Technology products segment is comprised of the design, manufacture, and sale of specialized marine seismic equipment, side scan sonar, water-side security systems, and the equipment sales activities of its Australian subsidiary, Seismic Asia Pacific Pty Ltd. The Equipment Leasing segment offers leasing of seismic equipment to companies in the oil and gas industry. The company was founded on January 29, 1987 and is headquartered in Woodlands, TX.

Company profile

Ticker

MIND, MINDP

Exchange

NASDAQ

Website

www.mitchamindustries.com/

CEO

Billy Mitcham

Incorporated

Delaware

Location

Texas

Fiscal year end

Jan 31

Sector

Real Estate and Rental and Leasing > Consumer Electronics and Appliances Rental

Industry (SIC)

Search, Detection, Navigation, Guidance, Aeronautical Sys

Northrop Grumman • Raytheon • L3Harris • Garmin • Teledyne • Flir Systems • Telenav • PASSUR Aerospace • Coda Octopus • Applied Energetics ...

Former names

MITCHAM INDUSTRIES INC

SEC CIK

0000926423

Corporate docs

Articles of Incorporation & Bylaws

IRS number

760210849

MIND stock data

S&P 500

1M 1Y 2Y 5Y

News

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MIND Technology Q1 EPS $(0.33) Beats $(0.38) Estimate, Adj. EBITDA From Continuing Operations Loss Of ~$3M, Sales $4.20M Beat $3.19M Estimate

2 Jun 21

MIND Technology (NASDAQ:MIND) reported quarterly losses of $(0.33) per share which beat the analyst consensus estimate of $(0.38) by 13.16 percent. This is a 13.16 percent increase over losses of $(0.38) per share from

Earnings Scheduled For June 2, 2021

2 Jun 21

Companies Reporting Before The Bell • Pyxis Tankers (NASDAQ:PXS) is projected to report quarterly loss at $0.07 per share on revenue of $4.86 million.

Earnings Preview for MIND Technology

1 Jun 21

MIND Technology (NASDAQ:MIND) releases its next round of earnings this Wednesday, June 02. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

MIND Technology Q4 EPS $(0.29) Misses $(0.07) Estimate, Sales $6.40M Miss $8.78M Estimate

12 Apr 21

Earnings Scheduled For April 12, 2021

12 Apr 21

Press releases

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Mind Technology, Inc. Reports Fiscal 2022 First Quarter Results

2 Jun 21

THE WOODLANDS, Texas, June 2, 2021 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2022 first quarter ended April 30,

MIND Technology Announces Fiscal 2022 First Quarter Earnings Release And Conference Call Schedule

24 May 21

THE WOODLANDS, Texas, May 24, 2021 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) announced today that it will release financial results for its fiscal 2022 first quarter after the market closes on Wednesday, June

MIND Technology, Inc. to Host Earnings Call

13 Apr 21

NEW YORK, NY / ACCESSWIRE / April 13, 2021 / MIND Technology, Inc. (NASDAQ:MIND) will be discussing their earnings results in their 2021 Fourth Quarter Earnings call to be held on April 13, 2021 at 9:00 AM Eastern

MIND Technology, Inc. Reports Fiscal 2021 Fourth Quarter And Year-End Results

12 Apr 21

MIND Technology Declares Cash Dividend on its 9.00% Series A Cumulative Preferred Stock

5 Apr 21

Calendar

3 Jun 21

13 Jun 21

31 Jan 22

Financial summary

Financial statements Chart MIND financial data

Quarter (USD)	Apr 21	Jan 21	Oct 20	Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 21	Jan 20	Jan 19	Jan 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2M	2M	2M	2M	2M	2M
Cash burn (monthly)	870K	225.33K	1.6M	1.08M	935.67K	841.33K
Cash used (since last report)	1.29M	334.88K	2.37M	1.61M	1.39M	1.25M
Cash remaining	708.05K	1.67M	-373.37K	393.49K	610.46K	750.66K
Runway (months of cash)	0.8	7.4	-0.2	0.4	0.7	0.9

Beta Read what these cash burn values mean

Recent insider trades

MIND insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Apr 21	Blum Peter H	MIND Common Stock	Buy	Aquire P	No	No	2.25	20,000	45K	561,528
1 Oct 20	William Hunter Hilarides	MIND Common Stock	Buy	Aquire P	No	No	2.15	10,000	21.5K	15,500
10 Jul 20	Dennis Patrick Morris	MII Common Stock	Buy	Aquire P	No	No	1.68	4,000	6.72K	70,000
9 Jul 20	Dennis Patrick Morris	MII Common Stock	Buy	Aquire P	No	No	1.64	16,000	26.24K	66,000
8 Jul 20	Dennis Patrick Morris	MII Common Stock	Buy	Aquire P	No	No	1.645	35,000	57.58K	50,000
26 Jun 20	Blum Peter H	MII Common Stock	Buy	Aquire P	No	No	1.63	10,000	16.3K	541,528
25 Jun 20	Blum Peter H	MII Common Stock	Buy	Aquire P	No	No	1.73	10,000	17.3K	531,528

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

MIND institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Geospace Technologies

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: began, begun, Bhd, chain, challenging, conform, coordination, critical, curtailment, deducting, demonstrate, downsizing, emerging, freight, hand, headcount, Heavy, interact, launched, lead, lifting, lingering, Mitsubishi, negotiated, Notwithstanding, ocean, proportion, quantity, reclassified, regularly, reimposed, relaxation, relied, rotate, Sdn, subside, subsiding, successful, suited, supplier, supply, transfer, UK, unforeseen, USA, volatility, workplace

Removed: account, acquiring, adjustment, agreed, amendment, applied, approach, approval, arisen, ASC, Asia, asset, assuming, Australia, Australian, base, bearing, bond, Brisbane, Chief, chosen, classification, collateral, commenced, commodity, compensating, Comprehensive, contractual, delivered, dependent, determine, discharge, doubt, earliest, effectively, entity, establish, establishing, Estate, filer, filing, foreseeable, forgo, government, Guy, implemented, implementing, initially, insurance, issuing, lessee, lesser, letter, lived, low, Malaysian, Malden, modified, month, Nonemployee, opening, Pacific, package, partially, performed, permitted, policy, post, practical, President, price, proceed, progressed, prospective, proximity, Pty, quantitative, reached, Real, realization, reassessing, reflected, Release, remain, remediation, replace, requirement, respond, resulted, retained, retrospective, revolutionary, Robert, salary, SAP, satisfied, scope, secure, set, shareholder, sharing, Simplification, simplify, single, sponsored, subsequently, substantial, sufficient, surety, Targeted, transition, transitioning, translation, unresolved, unsecured, upgrade, viable, Vice

From filing 10-Q 2022 Q1