MIND Financial Statements From 2010 to 2026

MNDO Stock  USD 1.23  0.01  0.82%   
MIND CTI's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing MIND CTI's valuation are provided below:
Gross Profit
10.1 M
Profit Margin
0.1463
Market Capitalization
24.6 M
Enterprise Value Revenue
0.6734
Revenue
19.8 M
We have found one hundred twenty available fundamental ratios for MIND CTI, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check MIND CTI's last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself next year. As of the 29th of January 2026, Market Cap is likely to drop to about 49.1 M. In addition to that, Enterprise Value is likely to drop to about 28.7 M

MIND CTI Total Revenue

20.34 Million

Check MIND CTI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MIND CTI's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159 K, Interest Expense of 20.5 K or Total Revenue of 20.3 M, as well as many indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.1 or PTB Ratio of 3.11. MIND financial statements analysis is a perfect complement when working with MIND CTI Valuation or Volatility modules.
  
Build AI portfolio with MIND Stock
Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

MIND CTI Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.1 M27.6 M28.5 M
Slightly volatile
Total Current Liabilities4.9 M3.8 M4.8 M
Very volatile
Total Stockholder Equity23 M21.9 M21.5 M
Slightly volatile
Property Plant And Equipment Net921.2 K915.3 K895 K
Slightly volatile
Accounts Payable686.5 K884.4 K703.3 K
Pretty Stable
Cash3.8 MM6.7 M
Slightly volatile
Non Current Assets Total11.2 M10.6 M9.5 M
Slightly volatile
Non Currrent Assets OtherM2.1 M1.7 M
Slightly volatile
Cash And Short Term Investments14.3 M14.2 M16.3 M
Very volatile
Net Receivables2.4 M2.5 M2.3 M
Slightly volatile
Common Stock Shares Outstanding21.8 M23.7 M19.7 M
Slightly volatile
Short Term Investments9.4 M13 M9.7 M
Slightly volatile
Liabilities And Stockholders Equity28.1 M27.6 M28.5 M
Slightly volatile
Non Current Liabilities Total2.1 M3.6 M2.4 M
Slightly volatile
Other Stockholder Equity29.8 M24.3 M24.8 M
Slightly volatile
Total LiabilitiesM7.4 M7.2 M
Slightly volatile
Total Current Assets16.9 M17 M19 M
Very volatile
Common Stock58.2 K62.1 K53.7 K
Slightly volatile
Short and Long Term Debt Total1.1 M742.5 K1.3 M
Slightly volatile
Other Current Liabilities1.8 M1.3 M1.7 M
Very volatile
Other Liabilities1.9 M2.5 MM
Slightly volatile
Other Assets8559001.3 M
Slightly volatile
Common Stock Total Equity58.9 K62.1 K54.6 K
Slightly volatile
Property Plant And Equipment Gross3.7 M3.5 M1.5 M
Slightly volatile
Short Term Debt160.7 K169.2 K426.9 K
Slightly volatile
Property Plant Equipment940.7 K1.1 M986 K
Pretty Stable
Intangible Assets147.5 K155.2 K2.5 M
Slightly volatile
Current Deferred Revenue927.5 K976.4 K2.4 M
Slightly volatile
Other Current Assets406.5 K369 K590.1 K
Slightly volatile
Good Will7.3 M8.9 M6.7 M
Slightly volatile
Net Tangible Assets12.4 M14.1 M15.2 M
Slightly volatile
Deferred Long Term Liabilities309.5 K158.7 K174.9 K
Pretty Stable
Net Invested Capital25.2 M27.9 M22.6 M
Slightly volatile
Net Working Capital16.2 M18 M15.1 M
Slightly volatile
Capital Stock43.2 K48.6 K53 K
Slightly volatile
Capital Surpluse21.6 M24.3 M26.6 M
Slightly volatile
Capital Lease Obligations925.3 K742.5 K1.2 M
Slightly volatile

MIND CTI Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization159 K167.4 K189 K
Slightly volatile
Interest Expense20.5 K21.6 K39.6 K
Slightly volatile
Total Revenue20.3 M24.7 M20.5 M
Slightly volatile
Gross Profit12.9 M12.3 M11.8 M
Pretty Stable
Other Operating Expenses16.7 M19.6 M15.6 M
Slightly volatile
Operating Income3.6 MM4.8 M
Pretty Stable
EBIT3.9 M5.7 M5.2 M
Slightly volatile
Research Development3.3 M3.1 M3.7 M
Pretty Stable
EBITDA4.4 MM5.4 M
Slightly volatile
Cost Of Revenue7.4 M12.3 M8.6 M
Slightly volatile
Total Operating Expenses6.8 M5.7 M6.8 M
Slightly volatile
Income Before Tax4.3 M5.7 M5.2 M
Slightly volatile
Net Income3.8 M5.3 M4.6 M
Slightly volatile
Selling General Administrative2.6 M1.5 MM
Slightly volatile
Net Income Applicable To Common Shares5.7 M6.1 M4.7 M
Slightly volatile
Selling And Marketing Expenses1.1 M1.2 M1.3 M
Slightly volatile
Net Income From Continuing Ops5.4 M5.3 M4.5 M
Slightly volatile
Tax Provision510.9 K300.6 K801 K
Slightly volatile
Interest Income905.6 K862.5 K333.7 K
Slightly volatile
Net Interest Income887.5 K845.2 K332.8 K
Slightly volatile
Reconciled Depreciation181.5 K213.9 K143.7 K
Slightly volatile

MIND CTI Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change To Inventory740.2 K705 K391.7 K
Slightly volatile
Free Cash Flow4.1 M4.7 M4.6 M
Slightly volatile
Begin Period Cash Flow2.5 M2.7 M7.2 M
Slightly volatile
Depreciation159 K167.4 K189 K
Slightly volatile
Capital Expenditures8.6 KK134.8 K
Slightly volatile
Total Cash From Operating Activities4.5 M4.7 M4.7 M
Pretty Stable
Net Income3.8 M5.3 M4.6 M
Slightly volatile
End Period Cash Flow3.8 MM6.7 M
Slightly volatile
Stock Based Compensation304.3 K289.8 K220.7 K
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.862.163.251
Slightly volatile
Dividend Yield0.10.110.1066
Pretty Stable
PTB Ratio3.111.93.6762
Slightly volatile
Days Sales Outstanding71.1653.9447.0769
Very volatile
Book Value Per Share1.61.381.1511
Slightly volatile
Free Cash Flow Yield0.07140.09190.0974
Pretty Stable
Operating Cash Flow Per Share0.170.180.2358
Very volatile
Stock Based Compensation To Revenue0.00720.01060.009
Pretty Stable
Capex To Depreciation0.05870.06180.6629
Slightly volatile
PB Ratio3.111.93.6762
Slightly volatile
EV To Sales3.071.962.8955
Slightly volatile
Free Cash Flow Per Share0.150.180.2272
Very volatile
ROIC0.0960.130.1757
Slightly volatile
Inventory Turnover2.4 K2.3 K1.7 K
Slightly volatile
Net Income Per Share0.140.210.2308
Pretty Stable
Days Of Inventory On Hand0.160.171.0232
Slightly volatile
Payables Turnover19.0312.5331.5886
Slightly volatile
Sales General And Administrative To Revenue0.08570.09020.1033
Slightly volatile
Research And Ddevelopement To Revenue0.260.180.1957
Slightly volatile
Capex To Revenue5.0E-45.0E-40.0089
Slightly volatile
Cash Per Share1.010.890.8667
Pretty Stable
POCF Ratio10.6711.2317.9665
Slightly volatile
Interest Coverage336210361
Slightly volatile
Payout Ratio0.760.951.0391
Pretty Stable
Capex To Operating Cash Flow0.00270.00280.0524
Slightly volatile
PFCF Ratio10.711.2626.9793
Slightly volatile
Days Payables Outstanding28.6330.1457.8987
Slightly volatile
Income Quality1.081.021.0653
Pretty Stable
ROE0.120.170.2104
Pretty Stable
EV To Operating Cash Flow19.910.2217.1143
Slightly volatile
PE Ratio19.739.9815.7102
Slightly volatile
Return On Tangible Assets0.110.180.1998
Very volatile
EV To Free Cash Flow9.7310.2425.322
Slightly volatile
Earnings Yield0.06730.10.0964
Slightly volatile
Intangibles To Total Assets0.170.230.2058
Slightly volatile
Current Ratio5.826.644.4017
Slightly volatile
Tangible Book Value Per Share1.30.930.8255
Slightly volatile
Receivables Turnover6.237.09.3788
Slightly volatile
Graham Number2.112.232.3929
Slightly volatile
Shareholders Equity Per Share1.61.381.1511
Slightly volatile
Debt To Equity0.05380.0390.0538
Slightly volatile
Capex Per Share5.0E-46.0E-40.0075
Slightly volatile
Graham Net Net0.780.650.5924
Pretty Stable
Average Receivables1.6 M2.1 MM
Slightly volatile
Revenue Per Share0.750.951.0229
Pretty Stable
Interest Debt Per Share0.05120.04810.0373
Pretty Stable
Debt To Assets0.04180.03090.0396
Slightly volatile
Enterprise Value Over EBITDA11.018.1311.2502
Slightly volatile
Short Term Coverage Ratios10.0919.6920.1677
Very volatile
Price Earnings Ratio19.739.9815.7102
Slightly volatile
Operating Cycle72.8853.9448.1394
Very volatile
Price Book Value Ratio3.111.93.6762
Slightly volatile
Days Of Payables Outstanding28.6330.1457.8987
Slightly volatile
Dividend Payout Ratio0.760.951.0391
Pretty Stable
Price To Operating Cash Flows Ratio10.6711.2317.9665
Slightly volatile
Price To Free Cash Flows Ratio10.711.2626.9793
Slightly volatile
Pretax Profit Margin0.160.210.2483
Pretty Stable
Ebt Per Ebit0.91.021.0594
Very volatile
Operating Profit Margin0.120.180.2298
Pretty Stable
Company Equity Multiplier1.011.141.3091
Slightly volatile
Total Debt To Capitalization0.05090.03780.051
Slightly volatile
Return On Capital Employed0.10.140.2013
Slightly volatile
Debt Equity Ratio0.05380.0390.0538
Slightly volatile
Ebit Per Revenue0.120.180.2298
Pretty Stable
Quick Ratio5.816.644.3989
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.240.970.9831
Pretty Stable
Net Income Per E B T0.720.840.8774
Very volatile
Cash Ratio1.491.561.5081
Slightly volatile
Operating Cash Flow Sales Ratio0.170.19180.2229
Pretty Stable
Days Of Inventory Outstanding0.160.171.0232
Slightly volatile
Days Of Sales Outstanding71.1653.9447.0769
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.70.90.9244
Pretty Stable
Cash Flow Coverage Ratios2.944.494.7152
Pretty Stable
Price To Book Ratio3.111.93.6762
Slightly volatile
Fixed Asset Turnover19.5918.9832.1066
Pretty Stable
Capital Expenditure Coverage Ratio389370113
Slightly volatile
Price Cash Flow Ratio10.6711.2317.9665
Slightly volatile
Enterprise Value Multiple11.018.1311.2502
Slightly volatile
Debt Ratio0.04180.03090.0396
Slightly volatile
Cash Flow To Debt Ratio2.944.494.7152
Pretty Stable
Price Sales Ratio3.862.163.251
Slightly volatile
Return On Assets0.0880.140.1579
Pretty Stable
Asset Turnover0.470.630.7042
Slightly volatile
Net Profit Margin0.140.190.2198
Very volatile
Gross Profit Margin0.720.580.6018
Slightly volatile
Price Fair Value3.111.93.6762
Slightly volatile
Return On Equity0.120.170.2104
Pretty Stable

MIND CTI Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap49.1 M50.7 M44.4 M
Slightly volatile
Enterprise Value28.7 M37.2 M37.5 M
Slightly volatile

MIND Fundamental Market Drivers

MIND Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About MIND CTI Financial Statements

MIND CTI investors utilize fundamental indicators, such as revenue or net income, to predict how MIND Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue976.4 K927.5 K
Total Revenue24.7 M20.3 M
Cost Of Revenue12.3 M7.4 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.09 
Research And Ddevelopement To Revenue 0.18  0.26 
Revenue Per Share 0.95  0.75 
Ebit Per Revenue 0.18  0.12 

Pair Trading with MIND CTI

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MIND CTI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MIND CTI will appreciate offsetting losses from the drop in the long position's value.

Moving together with MIND Stock

  0.69GLOB Globant SAPairCorr

Moving against MIND Stock

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  0.43RMNI Rimini StreetPairCorr
The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MIND CTI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MIND CTI to buy it.
The correlation of MIND CTI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MIND CTI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MIND CTI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIND CTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mind Cti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mind Cti Stock:
Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Will Application Software sector continue expanding? Could MIND diversify its offerings? Factors like these will boost the valuation of MIND CTI. Expected growth trajectory for MIND significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every MIND CTI data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.25)
Earnings Share
0.15
Revenue Per Share
0.968
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0549
Understanding MIND CTI requires distinguishing between market price and book value, where the latter reflects MIND's accounting equity. The concept of intrinsic value—what MIND CTI's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push MIND CTI's price substantially above or below its fundamental value.
Understanding that MIND CTI's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MIND CTI represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, MIND CTI's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.