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MIND Technology (MIND Technology) Revenue : $45.26 Mil (TTM As of Oct. 2023)


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MIND Technology's revenue for the three months ended in Oct. 2023 was $4.97 Mil. Its revenue for the trailing twelve months (TTM) ended in Oct. 2023 was $45.26 Mil. MIND Technology's Revenue per Share for the three months ended in Oct. 2023 was $3.54. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $33.60.

Warning Sign:

MIND Technology Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of MIND Technology was 88.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -13.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, MIND Technology's highest 3-Year average Revenue per Share Growth Rate was 48.40% per year. The lowest was -30.10% per year. And the median was -1.00% per year.


MIND Technology Revenue Historical Data

The historical data trend for MIND Technology's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MIND Technology Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.94 29.92 21.22 23.11 35.09

MIND Technology Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.04 18.95 12.59 8.75 4.97

Competitive Comparison

For the Scientific & Technical Instruments subindustry, MIND Technology's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIND Technology Revenue Distribution

For the Hardware industry and Technology sector, MIND Technology's Revenue distribution charts can be found below:

* The bar in red indicates where MIND Technology's Revenue falls into.



MIND Technology Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $45.26 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MIND Technology  (NAS:MIND) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


MIND Technology Revenue Related Terms

Thank you for viewing the detailed overview of MIND Technology's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


MIND Technology (MIND Technology) Business Description

Traded in Other Exchanges
Address
2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The Company operates in segments namely, Seamap Marine Products and Klein Marine Products helps manufacture and sell specialized, high-performance sonar and seismic equipment. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; Europe, Russia & CIS; Middle East & Africa; Asia-Pacific; and Canada & Latin America.
Executives
Peter H Blum director 999 18TH STREET, STE 1700, DENVER CO 80202
Alan Perry Baden director 2635 SUTTON COURT, HOUSTON TX 77027
Nancy Jean Harned director 2704 CHESTER FOREST COURT, VIRGINIA BEACH VA 23452
Thomas S Glanville director 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Mark Alan Cox officer: Principal Accounting Officer 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Guy Malden officer: Co-CEO and EVP P O BOX 1175, HUNTSVILLE TX 77342
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Robert John Albers director 2171 LOMA LINDA DRIVE, PAGOSA SPRINGS CO 81147
Robert P Capps director, officer: Co-CEO and CFO
Dennis Patrick Morris officer: Chief Operating Officer 7026 TEAL LOOP, GIG HARBOR WA 98335
William Hunter Hilarides director 10710 OX CROFT CT., FAIRFAX STATION VA 22039
Midwood Capital Management Llc 10 percent owner 575 BOYLSON ST., 4TH FLOOR, BOSTON MA 02116
Paul Guy Rogers officer: VP - Business Development
John F Schwalbe director
R Dean Lewis director