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MindWalk (HYFT) Financials

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$1.41 -0.08 (-5.37%)
Closing price 04:00 PM Eastern
Extended Trading
$1.44 +0.03 (+2.13%)
As of 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for MindWalk

Annual Income Statements for MindWalk

This table shows MindWalk's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 4/30/2020 4/30/2021 4/30/2022 4/30/2023 4/30/2024 4/30/2025
Net Income / (Loss) Attributable to Common Shareholders
-2.99 -5.97 -14 -16 -19 -22
Consolidated Net Income / (Loss)
-3.51 -5.97 -13 -20 -19 -22
Net Income / (Loss) Continuing Operations
-2.99 -5.97 -13 -20 -19 -22
Total Pre-Tax Income
-3.76 -4.88 -12 -20 -21 -25
Total Operating Income
-2.83 -4.37 -12 -20 -21 -24
Total Gross Profit
5.70 9.39 8.58 8.53 8.77 9.81
Total Revenue
8.49 11 15 15 15 15
Operating Revenue
8.49 11 15 15 15 15
Total Cost of Revenue
7.65 9.86 6.55 6.72 9.07 7.95
Operating Cost of Revenue
7.65 9.86 6.55 6.72 9.07 7.95
Total Operating Expenses
3.67 5.97 21 29 27 31
Selling, General & Admin Expense
0.62 1.17 12 11 11 11
Research & Development Expense
0.32 1.61 5.99 10 2.94 3.58
Amortization Expense
- - - - 2.16 1.41
Other Operating Expenses / (Income)
0.64 0.40 -0.70 -0.48 0.01 0.01
Impairment Charge
- 0.00 0.00 1.82 11 15
Total Other Income / (Expense), net
-0.40 -0.51 0.00 0.00 0.32 -0.50
Interest Expense
0.42 0.42 - - -0.02 0.20
Interest & Investment Income
0.04 0.92 - - 0.24 0.13
Other Income / (Expense), net
-0.02 -1.00 - - 0.06 -0.43
Income Tax Expense
-0.25 1.09 0.67 -0.88 -1.88 -2.92
Weighted Average Basic Shares Outstanding
9.67M 16.47M 19.69M 24.90M -0.74 -0.66
Diluted Earnings per Share
($0.26) - ($0.66) ($0.79) ($0.74) ($0.66)
Weighted Average Diluted Shares Outstanding
9.67M 16.47M 19.69M 24.90M 25.64M 46.15M
Weighted Average Basic & Diluted Shares Outstanding
9.67M 16.47M 19.69M 24.90M 25.64M 33.39M

Quarterly Income Statements for MindWalk

No quarterly income statements for MindWalk are available.


Annual Cash Flow Statements for MindWalk

This table details how cash moves in and out of MindWalk's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 4/30/2020 4/30/2021 4/30/2022 4/30/2023 4/30/2024 4/30/2025
Net Change in Cash & Equivalents
-1.99 33 -9.57 0.00 -16 0.00
Net Cash From Operating Activities
-1.41 -0.49 -7.75 -15 -16 -4.64
Net Cash From Continuing Operating Activities
-1.41 -0.80 -8.32 -14 -16 -4.26
Net Income / (Loss) Continuing Operations
-3.51 -5.97 -13 -20 -19 -22
Consolidated Net Income / (Loss)
-3.51 -5.97 -13 -20 -19 -22
Depreciation Expense
2.42 3.02 2.94 4.93 4.17 3.71
Non-Cash Adjustments To Reconcile Net Income
1.47 3.17 1.84 2.49 0.26 13
Changes in Operating Assets and Liabilities, net
0.25 -1.02 -0.05 -2.22 -1.02 0.48
Net Cash From Investing Activities
-0.71 -2.00 -4.07 -1.45 0.00 -0.58
Net Cash From Continuing Investing Activities
-0.71 -1.12 -3.72 -1.04 0.00 -0.58
Purchase of Property, Plant & Equipment
- -1.12 -0.83 -1.10 - -0.58
Sale and/or Maturity of Investments
- - 0.00 0.06 - 0.00
Net Cash From Financing Activities
0.14 35 2.25 -0.46 0.00 11
Net Cash From Continuing Financing Activities
0.14 35 2.25 -0.46 0.00 7.71
Repayment of Debt
- -2.42 -0.75 -0.99 - -1.14
Issuance of Debt
0.26 1.79 0.00 0.00 - 0.00
Issuance of Common Equity
- 36 3.01 0.53 - 8.86

Quarterly Cash Flow Statements for MindWalk

No quarterly cash flow statements for MindWalk are available.


Annual Balance Sheets for MindWalk

This table presents MindWalk's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 4/30/2020 4/30/2021 4/30/2022 4/30/2023 4/30/2024 4/30/2025
Total Assets
19 55 73 57 44 32
Total Current Assets
3.70 40 29 12 8.36 14
Cash & Equivalents
1.85 34 23 6.11 2.52 7.72
Accounts Receivable
0.83 - 2.45 2.86 2.96 3.38
Inventories, net
0.58 0.98 1.26 1.52 1.56 1.52
Prepaid Expenses
0.37 1.45 1.94 1.50 1.02 0.86
Current Deferred & Refundable Income Taxes
0.06 - 0.22 0.40 0.30 0.10
Plant, Property, & Equipment, net
11 3.28 -0.77 -0.82 -1.14 -1.34
Plant, Property & Equipment, gross
11 - -0.77 -0.82 -1.14 -1.34
Total Noncurrent Assets
14 11 44 45 35 19
Goodwill
5.61 6.33 15 14 5.59 5.96
Intangible Assets
5.88 4.93 25 23 17 0.77
Other Noncurrent Operating Assets
1.10 - 3.13 7.98 13 12
Total Liabilities & Shareholders' Equity
19 55 73 57 44 32
Total Liabilities
8.64 8.17 14 15 18 15
Total Current Liabilities
5.63 4.94 4.88 4.37 5.91 6.53
Accounts Payable
1.25 2.45 3.72 2.50 3.18 3.83
Current Deferred Revenue
1.05 - 0.81 0.72 0.98 0.79
Current Deferred & Payable Income Tax Liabilities
0.00 0.27 0.33 0.00 0.40 0.34
Total Noncurrent Liabilities
3.10 1.21 8.38 11 12 8.78
Noncurrent Deferred & Payable Income Tax Liabilities
1.14 1.21 6.33 5.65 2.96 0.18
Other Noncurrent Operating Liabilities
1.74 - 0.94 4.86 9.02 8.59
Total Equity & Noncontrolling Interests
24 46 59 43 26 17
Total Preferred & Common Equity
24 47 59 43 26 17
Total Common Equity
24 47 59 43 26 17
Common Stock
24 65 89 87 87 99
Retained Earnings
- -24 -36 -54 -72 -93
Accumulated Other Comprehensive Income / (Loss)
-0.21 - -1.94 1.94 1.51 2.33
Other Equity Adjustments
- 5.86 7.52 7.97 9.01 9.29

Quarterly Balance Sheets for MindWalk

No quarterly balance sheets for MindWalk are available.


Annual Metrics And Ratios for MindWalk

This table displays calculated financial ratios and metrics derived from MindWalk's official financial filings.

Metric 2020 2021 2022 2023 2024 2025
Period end date 4/30/2020 4/30/2021 4/30/2022 4/30/2023 4/30/2024 4/30/2025
DEI Shares Outstanding
0.00 19,169,216.00 24,476,846.00 25,050,260.00 26,944,500.00 46,154,118.00
DEI Adjusted Shares Outstanding
0.00 19,169,216.00 24,476,846.00 25,050,260.00 26,944,500.00 46,154,118.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 -0.31 -0.59 -0.63 -0.71 -0.47
Growth Metrics
- - - - - -
Revenue Growth
0.00% 35.02% 32.02% 0.81% 0.05% -4.00%
EBITDA Growth
0.00% -440.00% -300.95% -64.76% -9.13% -24.01%
EBIT Growth
0.00% -88.36% -130.29% -65.42% -3.21% -17.07%
NOPAT Growth
0.00% -54.47% -183.21% -65.42% -3.52% -14.70%
Net Income Growth
0.00% -70.16% -118.45% -50.16% 3.08% -15.28%
EPS Growth
0.00% 0.00% 0.00% -18.92% 6.04% 11.16%
Operating Cash Flow Growth
0.00% 65.47% -1,486.75% -88.85% -6.47% 70.20%
Free Cash Flow Firm Growth
0.00% 0.00% -616.51% 55.79% 88.73% -84.47%
Invested Capital Growth
0.00% -41.70% 181.64% -0.11% -36.08% -59.94%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
67.20% 81.98% 56.72% 55.95% 57.46% 67.00%
EBITDA Margin
-5.14% -20.54% -62.38% -101.95% -111.19% -143.63%
Operating Margin
-33.35% -38.15% -81.84% -134.29% -138.94% -166.01%
EBIT Margin
-33.63% -46.92% -81.84% -134.29% -138.53% -168.94%
Profit (Net Income) Margin
-41.38% -52.15% -86.29% -128.53% -124.51% -149.51%
Tax Burden Percent
93.46% 122.44% 105.43% 95.70% 90.98% 88.23%
Interest Burden Percent
131.63% 90.78% 100.00% 100.00% 98.78% 100.30%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-8.86% -17.29% -34.85% -39.08% -49.38% -103.71%
ROIC Less NNEP Spread (ROIC-NNEP)
85.13% -0.61% -18.99% -1.50% 48.37% -8.44%
Return on Net Nonoperating Assets (RNNOA)
-5.78% 0.30% 10.00% 0.41% -6.00% 2.01%
Return on Equity (ROE)
-14.64% -16.99% -24.85% -38.66% -55.38% -101.70%
Cash Return on Invested Capital (CROIC)
0.00% 35.39% -130.04% -38.97% -5.36% -18.11%
Operating Return on Assets (OROA)
-14.75% -14.56% -19.40% -31.37% -41.83% -65.27%
Return on Assets (ROA)
-18.15% -16.18% -20.45% -30.02% -37.60% -57.76%
Return on Common Equity (ROCE)
-14.64% -17.10% -24.95% -38.66% -55.38% -101.70%
Return on Equity Simple (ROE_SIMPLE)
-14.64% -12.77% -22.22% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
-1.98 -3.06 -8.67 -14 -15 -17
NOPAT Margin
-23.35% -26.71% -57.29% -94.01% -97.26% -116.21%
Net Nonoperating Expense Percent (NNEP)
-93.99% -16.69% -15.86% -37.58% -97.75% -95.27%
Return On Investment Capital (ROIC_SIMPLE)
- - - -33.61% -57.18% -99.46%
Cost of Revenue to Revenue
90.11% 86.02% 43.28% 44.05% 59.43% 54.26%
SG&A Expenses to Revenue
7.29% 10.25% 79.41% 74.44% 74.34% 72.87%
R&D to Revenue
3.73% 14.02% 39.57% 68.24% 19.28% 24.44%
Operating Expenses to Revenue
43.24% 52.13% 138.56% 190.25% 179.51% 211.75%
Earnings before Interest and Taxes (EBIT)
-2.85 -5.38 -12 -20 -21 -25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-0.44 -2.35 -9.44 -16 -17 -21
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 1.81 1.47 1.24 0.69
Price to Tangible Book Value (P/TBV)
0.00 0.00 5.89 11.06 9.94 1.14
Price to Revenue (P/Rev)
0.00 0.00 7.05 4.13 2.10 0.81
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 2.30 1.55 1.26 0.43
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 5.57 3.72 1.94 0.28
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.01 0.00 0.02 0.00 0.00 0.00
Long-Term Debt to Equity
0.01 0.00 0.02 0.00 0.00 0.00
Financial Leverage
-0.07 -0.50 -0.53 -0.28 -0.12 -0.24
Leverage Ratio
0.81 1.05 1.22 1.29 1.47 1.76
Compound Leverage Factor
1.06 0.95 1.22 1.29 1.46 1.77
Debt to Total Capital
0.92% 0.00% 1.85% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.92% 0.00% 1.85% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
99.09% 100.98% 98.15% 100.00% 100.00% 100.00%
Debt to EBITDA
-0.51 0.00 -0.12 0.00 0.00 0.00
Net Debt to EBITDA
3.74 0.00 2.36 0.00 0.00 0.00
Long-Term Debt to EBITDA
-0.51 0.00 -0.12 0.00 0.00 0.00
Debt to NOPAT
-0.11 0.00 -0.13 0.00 0.00 0.00
Net Debt to NOPAT
0.82 0.00 2.57 0.00 0.00 0.00
Long-Term Debt to NOPAT
-0.11 0.00 -0.13 0.00 0.00 0.00
Altman Z-Score
0.00 0.00 3.81 0.50 -2.39 -5.41
Noncontrolling Interest Sharing Ratio
0.00% -0.65% -0.43% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - -
Current Ratio
0.66 8.05 5.99 2.84 1.41 2.08
Quick Ratio
0.48 6.88 5.29 2.05 0.93 1.70
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 6.26 -32 -14 -1.61 -2.97
Operating Cash Flow to CapEx
0.00% -43.64% -930.68% -1,326.62% 0.00% -802.25%
Free Cash Flow to Firm to Interest Expense
0.00 14.88 0.00 0.00 0.00 -14.50
Operating Cash Flow to Interest Expense
-3.41 -1.16 0.00 0.00 0.00 -22.65
Operating Cash Flow Less CapEx to Interest Expense
-3.41 -3.82 0.00 0.00 0.00 -25.47
Efficiency Ratios
- - - - - -
Asset Turnover
0.44 0.31 0.24 0.23 0.30 0.39
Accounts Receivable Turnover
10.24 0.00 0.00 5.74 5.24 4.62
Inventory Turnover
13.15 12.62 5.84 4.83 5.90 5.17
Fixed Asset Turnover
0.75 1.57 0.00 0.00 0.00 0.00
Accounts Payable Turnover
6.10 5.32 2.12 2.16 3.19 2.27
Days Sales Outstanding (DSO)
35.66 0.00 0.00 63.54 69.63 78.94
Days Inventory Outstanding (DIO)
27.75 28.91 62.49 75.58 61.91 70.58
Days Payable Outstanding (DPO)
59.83 68.59 172.15 169.09 114.30 160.91
Cash Conversion Cycle (CCC)
3.58 -39.68 -109.66 -29.97 17.24 -11.38
Capital & Investment Metrics
- - - - - -
Invested Capital
22 13 37 37 23 9.39
Invested Capital Turnover
0.38 0.65 0.61 0.42 0.51 0.89
Increase / (Decrease) in Invested Capital
0.00 -9.32 24 -0.04 -13 -14
Enterprise Value (EV)
0.00 0.00 84 57 30 4.08
Market Capitalization
0.00 0.00 107 63 32 12
Book Value per Share
$2.48 $2.84 $3.06 $1.74 $1.04 $0.64
Tangible Book Value per Share
$1.29 $2.16 $0.94 $0.23 $0.13 $0.39
Total Capital
24 46 60 43 26 17
Total Debt
0.22 0.00 1.11 0.00 0.00 0.00
Total Long-Term Debt
0.22 0.00 1.11 0.00 0.00 0.00
Net Debt
-1.63 -34 -22 -6.11 -2.52 -7.72
Capital Expenditures (CapEx)
0.00 1.12 0.83 1.10 0.00 0.58
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-3.78 0.84 0.98 1.91 -0.07 -0.67
Debt-free Net Working Capital (DFNWC)
-1.93 35 24 8.02 2.45 7.06
Net Working Capital (NWC)
-1.93 35 24 8.02 2.45 7.06
Net Nonoperating Expense (NNE)
1.53 2.91 4.39 5.26 4.16 4.88
Net Nonoperating Obligations (NNO)
-1.63 -33 -22 -5.99 -2.52 -7.72
Total Depreciation and Amortization (D&A)
2.42 3.02 2.94 4.93 4.17 3.71
Debt-free, Cash-free Net Working Capital to Revenue
-44.58% 7.30% 6.47% 12.54% -0.46% -4.56%
Debt-free Net Working Capital to Revenue
-22.78% 303.99% 161.21% 52.61% 16.03% 48.18%
Net Working Capital to Revenue
-22.78% 303.99% 161.21% 52.61% 16.03% 48.18%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.37) $0.00 $0.00 ($0.77) $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 19.17M 24.48M 25.05M 25.64M -1.00
Adjusted Diluted Earnings per Share
$0.00 ($0.37) $0.00 $0.00 ($0.77) ($0.66)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 19.17M 24.48M 25.05M 26.94M 46.15M
Adjusted Basic & Diluted Earnings per Share
$0.00 ($0.37) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 13.41M 19.69M 24.90M 26.94M 33.39M
Normalized Net Operating Profit after Tax (NOPAT)
-1.98 -3.06 -8.67 -13 -7.19 -6.28
Normalized NOPAT Margin
-23.35% -26.71% -57.29% -85.67% -47.10% -42.88%
Pre Tax Income Margin
-44.27% -42.59% -81.84% -134.29% -136.84% -169.45%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
-6.87 -12.77 0.00 0.00 0.00 -120.72
NOPAT to Interest Expense
-4.77 -7.27 0.00 0.00 0.00 -83.04
EBIT Less CapEx to Interest Expense
-6.87 -15.43 0.00 0.00 0.00 -123.54
NOPAT Less CapEx to Interest Expense
-4.77 -9.93 0.00 0.00 0.00 -85.86
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% -0.03% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for MindWalk

No quarterly metrics and ratios for MindWalk are available.



Financials Breakdown Chart

MindWalk Financials - Frequently Asked Questions

According to the most recent income statement we have on file, MindWalk's fiscal year ends in April. Their fiscal year 2025 ended on April 30, 2025.

MindWalk's net income appears to be on an upward trend, with a most recent value of -$21.90 million in 2025, rising from -$3.51 million in 2020. The previous period was -$19.00 million in 2024. Check out MindWalk's forecast to explore projected trends and price targets.

MindWalk's total operating income in 2025 was -$24.31 million, based on the following breakdown:
  • Total Gross Profit: $9.81 million
  • Total Operating Expenses: $31.01 million

Over the last 5 years, MindWalk's total revenue changed from $8.49 million in 2020 to $14.65 million in 2025, a change of 72.6%.

MindWalk's total liabilities were at $15.08 million at the end of 2025, a 14.7% decrease from 2024, and a 74.4% increase since 2020.

In the past 5 years, MindWalk's cash and equivalents has ranged from $1.85 million in 2020 to $33.99 million in 2021, and is currently $7.72 million as of their latest financial filing in 2025.

Over the last 5 years, MindWalk's book value per share changed from 2.48 in 2020 to 0.64 in 2025, a change of -74.4%.



Financial statements for NASDAQ:HYFT last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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