MIND Technology, Inc.
Technology sector | Scientific & Technical Instruments industry
Metrics for MIND
| Price | $6.75 |
|---|---|
| Shares Outstanding | 9.09M |
| All-Time Low | $3.05 |
| 52-Week Low | $4.45 |
Balance Statement Metrics
| Net Cash / Share | $1.23 |
|---|---|
| Net Current Assets / Share | $4.07 |
| Net Tangible Assets / Share | $4.36 |
| Shares Outstanding Ave Change (Annual) | 79.52% |
| Shares Δ YoY | 466.9% |
| Avg CA Burn (Annual %) | 5.60% (as of 5-24-2026) |
| Avg CA Burn (Quarterly %) | 9.64% (as of 5-24-2026) |
Earning Metrics
| Max Earning Power / Share | $0.31 |
|---|---|
| Adjusted Earning Power |
$-0.28
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
⇒ adjustedEarningPower = ((-271,000 / 0.105) / 9,089,055) = -0.284 |
| Non-Cash Charges to Market Cap |
0.36%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 2.4M (as of 5-24-2026) |
| Avg EBITDA (5Q) | 1.4M (as of 5-24-2026) |
| Avg Net Income (5Y) | -4.6M (as of 5-24-2026) |
| Avg Net Income (5Q) | 556.2K (as of 5-24-2026) |
Indicators
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | No | 5-24-2026 |
| Consecutive Years Paid | No | 5-24-2026 |
| Pays Dividend | No | 5-24-2026 |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | Yes | 5-24-2026 |
| Net Income Positive | No | 5-24-2026 |
| Current Dividend Streak | No | 5-24-2026 |
Metric History Explorer
Pick a metric to view its history table and chart.
Tangible Book Value Per Share History
Formula: Tangible Book Value / shares from balance statements. Includes 6 quarterly + 4 annual.
Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).
| Report Date | Period | TBV / Share | Tangible Book Value | Shares Used |
|---|---|---|---|---|
| 2026-01-31 | Quarterly | $4.36 | 39.7M ($39,664,000) | 9.1M (9,089,055) |
| 2025-10-31 | Quarterly | $4.24 | 38.1M ($38,055,000) | 9M (8,974,000) |
| 2025-07-31 | Quarterly | $3.37 | 26.8M ($26,827,000) | 8M (7,969,421) |
| 2025-04-30 | Quarterly | $3.07 | 24.5M ($24,472,000) | 8M (7,969,421) |
| 2025-01-31 | Quarterly | $3.14 | 25M ($25,024,000) | 8M (7,969,421) |
| 2025-01-31 | Annual | $3.14 | 25M ($25,024,000) | 8M (7,969,421) |
| 2024-10-31 | Quarterly | $2.86 | 22.8M ($22,787,000) | 8M (7,969,421) |
| 2024-01-31 | Annual | $-12.82 | -18M ($-18,026,000) | 1.4M (1,405,779) |
| 2023-01-31 | Annual | $-13.32 | -18.4M ($-18,360,000) | 1.4M (1,378,800) |
| 2022-01-31 | Annual | $-9.83 | -13.5M ($-13,534,000) | 1.4M (1,377,400) |
Revenue History (Annual)
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2025-01-31 | 46.9M ($46,863,000) |
| 2024-01-31 | 36.5M ($36,510,000) |
| 2023-01-31 | 25M ($25,012,000) |
| 2022-01-31 | 23.1M ($23,107,000) |
Dividend Payments
Historical cash dividends per share from Yahoo ex-dividend dates.
| Date | Dividend / Share |
|---|---|
| No dividend payment history available yet | |
Shares Outstanding Changes
| Date | Shares Outstanding | Delta |
|---|---|---|
| 2026-04-21 | 9,089,055 | +55 |
| 2026-04-17 | 9,089,000 | +50,918 |
Short Interest Changes
Latest short-interest change: 574,151 shares (6.44% of float) | Days to cover: 2.54
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-05-28 | 574,151 shares | -127,809 | -18.21% |
| 2026-05-12 | 701,960 shares | +123,917 | +21.44% |
| 2026-04-27 | 578,043 shares | +45,577 | +8.56% |
| 2026-04-17 | 532,466 shares | -45,426 | -7.86% |
| 2026-03-25 | 577,892 shares | +3,699 | +0.64% |
| 2026-03-12 | 574,193 shares | -55,207 | -8.77% |
| 2026-02-27 | 629,400 shares | -30,583 | -4.63% |
| 2026-02-11 | 659,983 shares | -103,241 | -13.53% |
Interesting Volume Days
Volume/ratio use shares outstanding as of the event date (frozen).
| Date | Volume | Shares Outstanding | Volume / Shares | Price |
|---|---|---|---|---|
| No interesting volume events | ||||
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally. The company's primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; and SeaLink towed seismic streamer system. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.