Mind Operating Income from 2010 to 2024

MIND Stock  USD 7.81  0.21  2.76%   
Mind Technology's Operating Income is decreasing over the years with slightly volatile fluctuation. Overall, Operating Income is expected to go to about 543.9 K this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Mind Technology generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1995-04-30
Previous Quarter
1.4 M
Current Value
1.9 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mind Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 443.7 K or Total Revenue of 48.5 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.12 or PTB Ratio of 0.35. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

Latest Mind Technology's Operating Income Growth Pattern

Below is the plot of the Operating Income of Mind Technology over the last few years. Operating Income is the amount of profit realized from Mind Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mind Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Mind Technology's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mind Technology's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Mind Operating Income Regression Statistics

Arithmetic Mean(5,612,007)
Coefficient Of Variation(291.66)
Mean Deviation12,077,992
Median(7,614,000)
Standard Deviation16,367,776
Sample Variance267.9T
Range65.8M
R-Value(0.35)
Mean Square Error252.3T
R-Squared0.13
Significance0.20
Slope(1,296,860)
Total Sum of Squares3750.7T

Mind Operating Income History

2024543.9 K
2023518 K
2022-7.6 M
2021-14.5 M
2020-11.8 M
2019-9.6 M
2018-13 M

Other Fundumenentals of Mind Technology

Mind Technology Operating Income component correlations

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0.990.320.870.780.950.760.92-0.12-0.310.350.950.720.430.170.140.760.73-0.6-0.670.480.680.58-0.59
0.380.320.410.090.360.590.230.14-0.040.170.390.78-0.16-0.150.390.30.46-0.25-0.460.090.270.13-0.2
0.860.870.410.610.810.610.65-0.120.160.330.930.750.60.210.130.960.89-0.79-0.830.650.90.78-0.81
0.80.780.090.610.850.770.8-0.42-0.230.210.810.550.63-0.14-0.280.630.61-0.42-0.560.220.390.29-0.31
0.970.950.360.810.850.870.94-0.1-0.320.290.930.740.420.190.140.730.7-0.56-0.650.410.640.56-0.55
0.820.760.590.610.770.870.83-0.09-0.370.10.770.830.25-0.10.090.530.62-0.33-0.640.220.370.28-0.3
0.940.920.230.650.80.940.83-0.08-0.570.210.830.620.270.150.110.520.52-0.37-0.50.290.440.41-0.39
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-0.33-0.31-0.040.16-0.23-0.32-0.37-0.57-0.29-0.16-0.06-0.050.54-0.11-0.350.370.34-0.23-0.30.150.230.18-0.19
0.340.350.170.330.210.290.10.210.14-0.160.270.18-0.10.290.530.230.15-0.69-0.070.250.430.32-0.4
0.960.950.390.930.810.930.770.83-0.27-0.060.270.790.620.03-0.030.890.88-0.64-0.820.490.710.58-0.6
0.760.720.780.750.550.740.830.62-0.2-0.050.180.790.3-0.130.150.690.8-0.47-0.770.320.530.42-0.44
0.410.43-0.160.60.630.420.250.27-0.650.54-0.10.620.3-0.21-0.630.780.74-0.42-0.690.270.420.33-0.35
0.140.17-0.150.21-0.140.19-0.10.150.52-0.110.290.03-0.13-0.210.680.1-0.08-0.360.120.30.480.63-0.54
0.140.140.390.13-0.280.140.090.110.71-0.350.53-0.030.15-0.630.68-0.09-0.14-0.320.140.190.360.43-0.41
0.750.760.30.960.630.730.530.52-0.30.370.230.890.690.780.1-0.090.94-0.76-0.870.590.840.71-0.73
0.730.730.460.890.610.70.620.52-0.440.340.150.880.80.74-0.08-0.140.94-0.63-0.940.430.670.53-0.56
-0.58-0.6-0.25-0.79-0.42-0.56-0.33-0.37-0.02-0.23-0.69-0.64-0.47-0.42-0.36-0.32-0.76-0.630.64-0.58-0.85-0.710.8
-0.68-0.67-0.46-0.83-0.56-0.65-0.64-0.50.38-0.3-0.07-0.82-0.77-0.690.120.14-0.87-0.940.64-0.39-0.61-0.460.54
0.460.480.090.650.220.410.220.290.250.150.250.490.320.270.30.190.590.43-0.58-0.390.770.63-0.65
0.660.680.270.90.390.640.370.440.160.230.430.710.530.420.480.360.840.67-0.85-0.610.770.92-0.94
0.560.580.130.780.290.560.280.410.230.180.320.580.420.330.630.430.710.53-0.71-0.460.630.92-0.9
-0.57-0.59-0.2-0.81-0.31-0.55-0.3-0.39-0.19-0.19-0.4-0.6-0.44-0.35-0.54-0.41-0.73-0.560.80.54-0.65-0.94-0.9
Click cells to compare fundamentals

About Mind Technology Financial Statements

Mind Technology stakeholders use historical fundamental indicators, such as Mind Technology's Operating Income, to determine how well the company is positioned to perform in the future. Although Mind Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Technology's assets and liabilities are reflected in the revenues and expenses on Mind Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mind Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income518 K543.9 K
Non Operating Income Net Other775.8 K814.6 K

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When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mind Technology. If investors know Mind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
6
Revenue Per Share
27.074
Quarterly Revenue Growth
0.327
Return On Assets
0.0525
Return On Equity
0.0668
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.