Mind Technology Inc (DE:MI70)
NASDAQ:MI70
MI70 Stock Chart & Stats
€7.75
€0.00(0.00%)
At close: 4:00 PM EST
€7.75
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€4.72 - €12.40
Previous CloseN/A
Volume0.00
Average Volume (3M)6.00
Market Cap
€52.91M
Enterprise Value€43.39M
Total Cash (Recent Filing)€19.05M
Total Debt (Recent Filing)€1.09M
Price to Earnings (P/E)82.6
Beta1.62
Next Earnings
Jun 10, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.10
Shares Outstanding9,089,055
10 Day Avg. Volume0
30 Day Avg. Volume6
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)2.70
Price to Sales (P/S)1.58
P/FCF Ratio345.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.53
Revenue Forecast (FY)€41.93M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA debt‑free capital structure with roughly $19.1M cash and ~$37M working capital gives durable financial flexibility. This buffer supports funding of operations through lumpy contract cycles, enables pursuit of larger $10M+ opportunities, and lowers refinancing risk in stressed markets.
Recurring Aftermarket RevenueA sizable aftermarket stream (~60% of revenue) provides stable, repeatable demand and generally higher margins than one‑off system sales. This recurring base smooths cash generation, improves visibility over maintenance cycles, and reduces reliance on unpredictable large system awards.
Improved Cash GenerationPositive adjusted EBITDA and net income in FY2026 mark a structural recovery from prior cash burn, enabling internal reinvestment and disciplined capital allocation. Sustained positive cash conversion supports working‑capital needs and strategic initiatives like capacity expansion or targeted M&A.
Bears Say
Revenue And Margin VolatilityRecent sharp top‑line deterioration and inconsistent gross/EBITDA margins signal unstable demand and pricing mix. Persistent volatility undermines forecasting, capital allocation and return consistency, making multi‑period planning and margin sustainability materially harder.
Order Timing & Backlog RiskReliance on long‑lead, large projects creates structural timing risk: awards can be delayed or deferred and typical delivery lead times are 16–24 weeks. This increases quarter‑to‑quarter lumpiness, compresses near‑term visibility, and can intermittently stress cash flow despite healthy liquidity.
Concentration & LumpinessBusiness sensitivity to a few large system contracts drives revenue concentration and episodic results. High customer/order concentration raises execution and win‑rate risk, amplifying earnings swings and complicating efforts to achieve consistent, durable margins and ROE improvements.
MIND Technology News
MI70 FAQ
What was Mind Technology Inc’s price range in the past 12 months?
Mind Technology Inc lowest stock price was €4.72 and its highest was €12.40 in the past 12 months.
What is Mind Technology Inc’s market cap?
Mind Technology Inc’s market cap is €52.91M.
When is Mind Technology Inc’s upcoming earnings report date?
Mind Technology Inc’s upcoming earnings report date is Jun 10, 2026 which is in 4 days.
How were Mind Technology Inc’s earnings last quarter?
Mind Technology Inc released its earnings results on Apr 15, 2026. The company reported €0.043 earnings per share for the quarter, missing the consensus estimate of €0.269 by -€0.226.
Is Mind Technology Inc overvalued?
According to Wall Street analysts Mind Technology Inc’s price is currently Overvalued.
Does Mind Technology Inc pay dividends?
Mind Technology Inc does not currently pay dividends.
What is Mind Technology Inc’s EPS estimate?
Mind Technology Inc’s EPS estimate is 0.
How many shares outstanding does Mind Technology Inc have?
Mind Technology Inc has 9,089,055 shares outstanding.
What happened to Mind Technology Inc’s price movement after its last earnings report?
Mind Technology Inc reported an EPS of €0.043 in its last earnings report, missing expectations of €0.269. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mind Technology Inc?
Currently, no hedge funds are holding shares in DE:MI70
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MIND Technology Stock Smart Score
Underperform
1
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8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.81%
12-Months-Change
Fundamentals
Return on Equity
2.19%
Trailing 12-Months
Asset Growth
34.17%
Trailing 12-Months
Company Description
Mind Technology Inc
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's 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; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. 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, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.
MI70 Company Deck
MI70 Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presents a mixed but resilient picture: the company delivered positive adjusted EBITDA for the year, modest net income, improved gross margins, strong liquidity ($19.1M cash, $37M working capital), and a large, recurring aftermarket revenue base (~60%). At the same time, near-term demand is clouded by geopolitical and macro uncertainty leading to deferred orders, a Q4 net loss, higher G&A from stock compensation, and an expectation that fiscal 2027 revenue will be lower than fiscal 2026. Management is optimistic about long-term demand, pursuing larger opportunities with new trade finance capability, and focused on disciplined capital allocation and potential M&A to add scale. Overall, positives around profitability, margins, liquidity, and recurring aftermarket strength are offset by near-term order timing risk and expected revenue decline in the coming year, resulting in a balanced outlook.View all DE:MI70 earnings summariesTechnical Analysis
Options Prices
Currently, No data available
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