Revenue Breakdown
Composition ()
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Revenue Streams
Mind Technology Inc (MIND) generates its revenue primarily from Seamap Marine Products, which accounts for 100.0% of total sales, equivalent to $13.56M. Understanding this concentration is critical for investors evaluating how MIND navigates market cycles within the Oil Related Services and Equipment industry.
Profitability & Margins
Evaluating the bottom line, Mind Technology Inc maintains a gross margin of 44.40%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 8.14%, while the net margin is 0.64%. These profitability ratios, combined with a Return on Equity (ROE) of 9.39%, provide a clear picture of how effectively MIND converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, MIND competes directly with industry leaders such as PED and LSE. With a market capitalization of $72.03M, it holds a significant position in the sector. When comparing efficiency, MIND's gross margin of 44.40% stands against PED's 12.30% and LSE's 17.64%. Such benchmarking helps identify whether Mind Technology Inc is trading at a premium or discount relative to its financial performance.
