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Mind Technology Stock Price, News & Analysis

MIND NASDAQ

Company Description

Overview

MIND Technology Inc (NASDAQ: MIND) is a global provider of advanced technology solutions designed to support critical functions in the oceanographic, hydrographic, defense, seismic, and maritime security industries. With a strong emphasis on precision and reliability, the company delivers innovative systems for marine exploration and survey operations. Utilizing specialized keywords such as seismic, oceanographic, and maritime technology right from the start, MIND Technology drives high-performance outcomes for its diverse clientele.

Business Segments and Solutions

The company operates primarily through two interconnected segments:

  • Marine Technology Products: This segment is dedicated to the research, design, manufacture, and sale of proprietary systems and equipment. Notable product lines include advanced seismic acquisition and control systems, precise positioning and tracking solutions, and integrated surveillance and sensor technologies. These specialized products enable operators to achieve enhanced monitoring and control during complex marine seismic surveys and other exploration activities.
  • Equipment Leasing: Complementing its direct sales model, MIND also provides flexible leasing options for its advanced technology products, offering customers the benefit of efficient capital utilization and access to state-of-the-art equipment.

Global Presence and Market Position

Headquartered in The Woodlands, Texas, MIND Technology has established key operational hubs in the United States, Singapore, Malaysia, and the United Kingdom. The company’s strategic international footprint enables it to serve a diverse range of markets and adapt its offerings to meet specific regional requirements. MIND Technology’s solutions are integral to sectors where precision and robust performance are critical, and its product portfolio is markedly differentiated through its technological sophistication and reliability.

Industry Impact and Customer Solutions

MIND Technology stands out by delivering engineered solutions that combine innovation with operational excellence. Its products are designed to offer unmatched accuracy in the deployment of energy sources and positional tracking, which are essential for successful marine surveys and defense applications. The company’s commitment to high performance is evidenced by its continuous investment in technology development and its ability to cater to an increasingly demanding global market. By integrating advanced sensor technology, radar, and video surveillance components, MIND Technology not only strengthens marine operations but also enhances security protocols across various sectors.

Operational Excellence and Strategic Emphasis

Focused on quality and efficiency, the company sustains its competitive advantage through rigorous quality controls, design innovation, and customer-focused service. Its seamless integration of cutting-edge technologies and robust operational processes enable clients to achieve precise data capture and surveillance capabilities essential for complex marine operations. This comprehensive approach underlines MIND Technology's commitment to fostering lasting partnerships with key industry players while maintaining a neutral, facts-driven overview for stakeholders and investors.

Conclusion

In summary, MIND Technology Inc is a crucial player in supplying sophisticated technology solutions for marine exploration and survey operations. The company's dual focus on product innovation and adaptable leasing options, combined with a strong international presence, positions it as a reliable entity in the niche market of advanced marine and defense technology. Investors and industry observers benefit from this detailed, evergreen insight into MIND Technology’s operations and strategic orientation, offering clarity into its competitive positioning and industry relevance.

Stock Performance

$6.68
+2.27%
+0.15
Last updated: April 26, 2025 at 17:27
21.91 %
Performance 1 year
$40.0M
Market Cap
8.0M
Shares outstanding

SEC Filings

No SEC filings available for Mind Technology.

Financial Highlights

$10,036,000
Revenue (TTM)
$798,000
Net Income (TTM)
$1,058,000
Operating Cash Flow
7.95%
Net Profit Margin
14.25%
Oper. Profit Margin
47.61%
Gross Profit Margin

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Frequently Asked Questions

What is the current stock price of Mind Technology (MIND)?

The current stock price of Mind Technology (MIND) is $6.53 as of April 25, 2025.

What is the market cap of Mind Technology (MIND)?

The market cap of Mind Technology (MIND) is approximately 40.0M.

What is the revenue (TTM) of Mind Technology (MIND) stock?

The trailing twelve months (TTM) revenue of Mind Technology (MIND) is $10,036,000.

What is the net income of Mind Technology (MIND)?

The trailing twelve months (TTM) net income of Mind Technology (MIND) is $798,000.

What is the operating cash flow of Mind Technology (MIND)?

The operating cash flow of Mind Technology (MIND) is $1,058,000.

What is the profit margin of Mind Technology (MIND)?

The net profit margin of Mind Technology (MIND) is 7.95%.

What is the operating margin of Mind Technology (MIND)?

The operating profit margin of Mind Technology (MIND) is 14.25%.

What is the gross margin of Mind Technology (MIND)?

The gross profit margin of Mind Technology (MIND) is 47.61%.

What is the current ratio of Mind Technology (MIND)?

The current ratio of Mind Technology (MIND) is 2.64, indicating the company's ability to pay short-term obligations.

What is the gross profit of Mind Technology (MIND)?

The gross profit of Mind Technology (MIND) is $4,778,000 on a trailing twelve months (TTM) basis.

What is the operating income of Mind Technology (MIND)?

The operating income of Mind Technology (MIND) is $1,430,000.

What industries does MIND Technology serve?

MIND Technology provides specialized solutions for the oceanographic, hydrographic, defense, seismic, and maritime security industries.

What are the main business segments of MIND Technology?

The company operates through two primary segments: marine technology products and equipment leasing, which together deliver proprietary systems and flexible usage options.

How does MIND Technology generate its revenue?

Revenue is primarily generated through the sale of advanced marine exploration and survey equipment, along with complementary equipment leasing services.

Where is MIND Technology headquartered and how extensive is its global presence?

Headquartered in The Woodlands, Texas, the company has key operational sites in the United States, Singapore, Malaysia, and the United Kingdom, serving a global market.

How does MIND Technology differentiate itself from competitors?

The company differentiates itself through its focus on high-performance, technologically advanced systems that offer precise monitoring, control, and integrated surveillance capabilities.

What role does the Seamap unit play in the company?

The Seamap unit is responsible for designing, manufacturing, and selling specialized marine exploration and survey equipment, forming the core of the company’s technology products segment.

How is MIND Technology positioned within the marine and defense technology markets?

MIND Technology is recognized for its robust product portfolio and expertise in providing innovative solutions that ensure precision and reliability in complex marine operations.

What benefits do customers gain from MIND Technology’s equipment leasing services?

Customers benefit from flexible access to state-of-the-art equipment without the need for large upfront investments, allowing for efficient capital management and operational agility.