How has MIND C.T.I.'s net income changed over the last 10 years?

The last 5 years of MIND C.T.I.'s net income performance: 2020: $5.38 million 2021: $5.95 million 2022: $5.29 million 2023: $5.17 million 2024: $4.63 million Find out what analysts predict for MIND C.T.I. in the coming months.

What is MIND C.T.I.'s operating income?

MIND C.T.I.'s total operating income in 2024 was $4.38 million, based on the following breakdown: Total Gross Profit: $10.74 million Total Operating Expenses: $6.36 million

MIND C.T.I. (MNDO) Financials

$1.02 +0.07 (+7.19%)

Closing price 07/24/2026 04:00 PM Eastern

Extended Trading

$1.01 -0.01 (-0.78%)

As of 07/24/2026 07:34 PM Eastern

Compare

Annual Income Statements for MIND C.T.I.

This table shows MIND C.T.I.'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	5.48	5.02	4.20	5.61	5.13	5.07	5.38	5.95	5.29	5.17	4.63
Consolidated Net Income / (Loss)	5.48	5.02	4.20	5.61	5.13	5.07	5.38	5.95	5.29	5.17	4.63
Net Income / (Loss) Continuing Operations	5.48	5.02	4.20	5.61	5.13	5.07	5.38	5.95	5.29	5.17	4.63
Total Pre-Tax Income	7.15	6.30	5.37	6.21	5.57	5.52	5.84	6.88	5.62	5.53	4.96
Total Operating Income	7.46	6.42	5.21	4.69	5.35	5.04	5.46	6.83	5.52	4.75	4.38
Total Gross Profit	15	12	11	11	12	13	12	14	12	11	11
Total Revenue	25	21	18	18	18	23	23	26	22	22	21
Operating Revenue	25	21	18	18	18	23	23	26	22	22	21
Total Cost of Revenue	9.95	8.63	6.83	7.03	6.15	10	11	12	10	11	11
Operating Cost of Revenue	9.95	8.63	6.83	7.03	6.15	10	11	12	10	11	11
Total Operating Expenses	7.61	5.88	6.02	6.34	6.64	7.50	6.76	7.05	5.98	6.12	6.36
Selling, General & Admin Expense	1.93	1.77	1.39	1.68	1.62	2.09	1.82	1.60	1.52	1.42	1.68
Marketing Expense	1.14	1.17	1.11	1.25	1.27	1.23	0.97	1.40	0.97	1.16	1.29
Research & Development Expense	4.54	2.94	3.52	3.42	3.75	4.19	3.96	4.05	3.50	3.54	3.39
Total Other Income / (Expense), net	-0.31	-0.11	0.17	1.52	0.22	0.48	0.38	0.06	0.09	0.78	0.59
Other Income / (Expense), net	-	-0.11	0.17	1.52	-	-	-	0.06	0.09	0.78	0.59
Income Tax Expense	1.67	1.28	1.17	0.60	0.44	0.46	0.46	0.94	0.33	0.36	0.33
Basic Earnings per Share	$0.29	$0.26	$0.22	$0.29	$0.27	$0.26	$0.27	$0.30	$0.26	$0.26	$0.23
Weighted Average Basic Shares Outstanding	18.95M	19.18M	19.23M	19.29M	19.34M	19.75M	19.91M	20.01M	20.10M	20.16M	20.30M
Diluted Earnings per Share	$0.29	$0.26	$0.22	$0.29	$0.27	$0.25	$0.27	$0.29	$0.26	$0.25	$0.22
Weighted Average Diluted Shares Outstanding	19.03M	19.28M	19.31M	19.56M	19.56M	19.96M	20.14M	20.27M	20.40M	20.47M	20.58M
Weighted Average Basic & Diluted Shares Outstanding	19.11M	19.20M	19.26M	19.31M	19.44M	19.90M	19.99M	20.06M	20.12M	20.12M	20.37M
Cash Dividends to Common per Share	$0.24	$0.30	$0.27	$0.32	$0.30	$0.26	$0.24	$0.26	$0.26	$0.24	$0.24

No quarterly income statements for MIND C.T.I. are available.

This table details how cash moves in and out of MIND C.T.I.'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-0.11	3.38	-2.31	-4.15	-2.21	3.68	1.78	-4.08	1.08	-2.31	1.49
Net Cash From Operating Activities	3.84	6.30	5.24	2.75	4.47	6.68	6.50	6.90	4.56	4.10	4.11
Net Cash From Continuing Operating Activities	3.84	6.30	5.24	2.75	4.47	6.71	6.52	6.87	4.58	4.05	4.07
Net Income / (Loss) Continuing Operations	5.48	5.02	4.20	5.61	5.13	5.07	5.38	5.95	5.29	5.17	4.63
Consolidated Net Income / (Loss)	5.48	5.02	4.20	5.61	5.13	5.07	5.38	5.95	5.29	5.17	4.63
Depreciation Expense	0.23	0.17	0.16	0.10	0.08	0.15	0.20	0.19	0.19	0.20	0.19
Non-Cash Adjustments To Reconcile Net Income	0.11	0.34	0.12	-0.80	0.38	0.22	0.28	0.17	0.29	0.29	0.25
Changes in Operating Assets and Liabilities, net	-1.98	0.77	0.76	-2.17	-1.14	1.27	0.66	0.56	-1.20	-1.59	-1.00
Net Cash From Investing Activities	0.12	2.67	-2.45	-0.78	-0.92	2.05	-0.03	-5.69	1.83	-1.54	2.29
Net Cash From Continuing Investing Activities	0.12	2.67	-2.45	-0.78	-0.92	2.05	-0.03	-5.69	1.83	-1.49	2.35
Purchase of Property, Plant & Equipment	-0.20	-0.15	-0.07	-0.07	-0.05	-0.05	-0.07	-0.08	-0.13	-0.06	-0.01
Purchase of Investments	-0.09	2.84	-3.54	-1.17	-2.61	-0.29	0.16	-5.52	2.02	0.00	0.00
Sale and/or Maturity of Investments	0.52	0.00	1.07	-0.80	1.85	2.53	-	-	-	-1.42	2.36
Net Cash From Financing Activities	-4.12	-5.59	-5.11	-6.12	-5.76	-5.06	-4.78	-5.20	-5.23	-4.84	-4.87
Net Cash From Continuing Financing Activities	-4.12	-5.59	-5.11	-6.12	-5.76	-5.06	-4.78	-5.20	-5.23	-4.84	-4.87
Payment of Dividends	-4.54	-5.76	-5.19	-6.17	-5.80	-5.06	-4.78	-5.20	-5.23	-4.84	-4.87
Other Net Changes in Cash	-	-	-	-	-	-	-	-	-	-0.03	-0.04
Cash Interest Received	-	-	-	-	-	-	-	-	0.13	0.58	0.82
Cash Income Taxes Paid	1.27	0.41	0.84	0.94	-0.02	0.01	0.45	0.90	0.41	0.42	0.39

No quarterly cash flow statements for MIND C.T.I. are available.

This table presents MIND C.T.I.'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	30	30	29	27	26	31	32	33	32	32	31
Total Current Assets	21	21	21	19	19	19	20	21	20	20	19
Cash & Equivalents	8.10	11	9.17	5.01	2.74	6.48	8.26	4.18	5.27	2.96	4.45
Short-Term Investments	9.59	6.65	9.82	12	13	1.92	1.58	0.21	0.17	0.18	0.19
Accounts Receivable	2.60	0.21	0.18	0.84	0.56	3.66	0.27	0.00	2.36	2.30	2.50
Prepaid Expenses	0.38	0.23	0.32	0.35	0.21	0.23	0.27	0.12	0.17	0.28	0.18
Other Current Assets	0.02	2.32	1.10	1.24	2.13	6.80	9.31	16	0.29	14	12
Plant, Property, & Equipment, net	0.62	0.59	0.50	0.20	0.16	0.17	0.16	0.18	0.23	0.22	0.16
Total Noncurrent Assets	8.62	8.74	7.92	7.75	7.11	12	13	12	11	12	12
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	0.06	0.71	0.45
Goodwill	5.43	5.43	5.43	5.43	5.43	7.91	8.14	7.93	7.79	7.87	7.73
Intangible Assets	-	-	-	-	0.00	0.76	0.70	0.52	0.37	0.27	0.14
Noncurrent Deferred & Refundable Income Taxes	0.02	0.24	0.10	0.03	0.03	0.04	0.13	0.18	0.14	0.10	0.11
Other Noncurrent Operating Assets	1.60	1.62	1.57	1.74	1.54	3.02	3.60	3.79	2.86	2.74	3.21
Total Liabilities & Shareholders' Equity	30	30	29	27	26	31	32	33	32	32	31
Total Liabilities	7.94	8.38	7.72	6.36	5.00	9.16	9.30	9.41	7.94	7.14	6.41
Total Current Liabilities	6.12	6.17	5.36	4.51	3.44	6.07	5.65	5.64	5.17	4.47	3.28
Accounts Payable	2.44	2.50	0.05	0.95	1.65	3.88	3.19	0.84	2.92	2.74	2.24
Current Deferred Revenue	3.67	3.66	4.08	3.56	1.79	1.89	2.11	2.16	1.99	1.52	0.85
Other Current Liabilities	-	-	1.23	-	0.00	0.29	0.35	0.38	0.27	0.22	0.19
Total Noncurrent Liabilities	1.82	2.21	2.35	1.85	1.56	3.09	3.65	3.77	2.76	2.66	3.13
Noncurrent Deferred Revenue	0.13	0.43	0.67	0.14	0.04	0.10	0.09	0.15	0.11	0.10	0.11
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	0.23	0.21	0.16	0.11	0.08	0.04
Other Noncurrent Operating Liabilities	-	-	-	-	1.52	2.76	3.36	3.46	2.55	2.48	2.98
Total Equity & Noncontrolling Interests	22	22	21	21	21	22	23	24	24	24	24
Total Preferred & Common Equity	22	22	21	21	21	22	23	24	24	24	24
Total Common Equity	22	22	21	21	21	22	23	24	24	24	24
Common Stock	26	26	26	26	26	27	27	27	28	28	28
Retained Earnings	-0.56	-1.30	-2.29	-2.85	-3.08	-3.08	-2.47	-1.72	-1.66	-1.33	-1.57
Treasury Stock	-1.86	-1.69	-1.61	-1.55	-1.52	-1.20	-1.14	-1.09	-1.06	-1.01	-0.88
Accumulated Other Comprehensive Income / (Loss)	-0.94	-1.07	-0.87	-0.80	-0.88	-0.88	-0.52	-0.84	-1.07	-1.00	-1.21

No quarterly balance sheets for MIND C.T.I. are available.

This table displays calculated financial ratios and metrics derived from MIND C.T.I.'s official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
DEI Shares Outstanding	19,110,318.00	19,202,418.00	19,261,418.00	19,307,418.00	19,439,218.00	19,896,326.00	19,985,826.00	20,057,326.00	40,248,652.00	20,124,826.00	20,124,826.00
DEI Adjusted Shares Outstanding	19,110,318.00	19,202,418.00	19,261,418.00	19,307,418.00	19,439,218.00	19,896,326.00	19,985,826.00	20,057,326.00	40,248,652.00	20,124,826.00	20,124,826.00
DEI Earnings Per Adjusted Shares Outstanding	0.29	0.26	0.22	0.29	0.26	0.25	0.27	0.30	0.13	0.26	0.23
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	35.39%	-16.35%	-13.74%	0.06%	0.40%	24.97%	3.13%	12.65%	-18.15%	0.28%	-0.77%
EBITDA Growth	219.22%	-15.80%	-14.55%	14.10%	-13.92%	-4.47%	9.09%	24.97%	-17.90%	-1.51%	-10.00%
EBIT Growth	245.39%	-15.49%	-14.76%	15.58%	-13.83%	-5.79%	8.39%	25.99%	-18.39%	-1.62%	-10.17%
NOPAT Growth	181.43%	-10.65%	-20.27%	3.99%	16.39%	-6.24%	8.91%	17.20%	-11.87%	-14.60%	-8.06%
Net Income Growth	150.94%	-8.48%	-16.24%	33.52%	-8.52%	-1.34%	6.28%	10.48%	-11.10%	-2.27%	-10.39%
EPS Growth	141.67%	-10.34%	-15.38%	31.82%	-6.90%	-7.41%	8.00%	7.41%	-10.34%	-3.85%	-12.00%
Operating Cash Flow Growth	-25.99%	63.94%	-16.72%	-47.64%	62.64%	49.60%	-2.72%	6.14%	-33.92%	-10.05%	0.34%
Free Cash Flow Firm Growth	-18.94%	60.26%	-18.22%	-54.51%	50.35%	-211.27%	238.86%	-102.97%	11,959.94%	-158.11%	154.63%
Invested Capital Growth	171.85%	-27.48%	-35.57%	136.85%	45.58%	164.43%	-0.96%	45.57%	-67.27%	237.36%	-7.95%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	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%	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%	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%	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%	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%	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%	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%	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%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	60.23%	58.76%	62.16%	61.06%	66.11%	55.32%	52.28%	52.72%	53.39%	50.28%	50.07%
EBITDA Margin	30.74%	30.94%	30.65%	34.95%	29.96%	22.90%	24.23%	26.88%	26.96%	26.48%	24.01%
Operating Margin	29.80%	30.66%	28.84%	25.94%	29.50%	22.24%	23.37%	25.93%	25.63%	21.97%	20.41%
EBIT Margin	29.80%	30.11%	29.76%	34.38%	29.50%	22.24%	23.37%	26.14%	26.06%	25.57%	23.15%
Profit (Net Income) Margin	21.91%	23.98%	23.28%	31.07%	28.31%	22.35%	23.03%	22.59%	24.53%	23.91%	21.59%
Tax Burden Percent	76.67%	79.63%	78.24%	90.38%	92.14%	91.71%	92.14%	86.40%	94.13%	93.50%	93.27%
Interest Burden Percent	95.90%	100.00%	100.00%	100.00%	104.15%	109.58%	106.94%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	23.33%	20.37%	21.76%	9.62%	7.86%	8.29%	7.86%	13.60%	5.88%	6.50%	6.73%
Return on Invested Capital (ROIC)	265.57%	188.13%	217.00%	170.96%	115.23%	50.01%	37.71%	36.17%	40.52%	32.09%	19.92%
ROIC Less NNEP Spread (ROIC-NNEP)	266.77%	188.60%	216.34%	163.59%	114.00%	46.39%	33.91%	35.50%	39.72%	25.04%	5.85%
Return on Net Nonoperating Assets (RNNOA)	-240.30%	-165.46%	-197.51%	-144.43%	-90.78%	-26.41%	-13.82%	-10.78%	-18.27%	-10.69%	-0.93%
Return on Equity (ROE)	25.27%	22.68%	19.49%	26.53%	24.45%	23.60%	23.90%	25.39%	22.25%	21.40%	18.98%
Cash Return on Invested Capital (CROIC)	173.14%	219.99%	260.26%	89.70%	78.11%	-40.23%	38.68%	-0.94%	141.89%	-76.45%	28.19%
Operating Return on Assets (OROA)	24.87%	20.81%	18.14%	22.03%	20.05%	17.66%	17.20%	21.00%	17.32%	17.44%	15.93%
Return on Assets (ROA)	18.29%	16.57%	14.19%	19.91%	19.24%	17.75%	16.95%	18.15%	16.30%	16.31%	14.86%
Return on Common Equity (ROCE)	25.27%	22.68%	19.49%	26.53%	24.45%	23.60%	23.90%	25.39%	22.25%	21.40%	18.98%
Return on Equity Simple (ROE_SIMPLE)	24.47%	22.97%	19.75%	26.70%	24.47%	23.09%	23.28%	25.07%	22.21%	21.10%	19.06%
Net Operating Profit after Tax (NOPAT)	5.72	5.11	4.07	4.24	4.93	4.62	5.03	5.90	5.20	4.44	4.08
NOPAT Margin	22.85%	24.41%	22.56%	23.45%	27.18%	20.39%	21.54%	22.41%	24.13%	20.55%	19.04%
Net Nonoperating Expense Percent (NNEP)	-1.20%	-0.47%	0.66%	7.37%	1.22%	3.63%	3.80%	0.67%	0.80%	7.05%	14.07%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	21.84%	18.13%	16.80%
Cost of Revenue to Revenue	39.77%	41.24%	37.84%	38.94%	33.89%	44.68%	47.72%	47.28%	46.61%	49.72%	49.93%
SG&A Expenses to Revenue	7.73%	8.44%	7.72%	9.28%	8.96%	9.21%	7.80%	6.08%	7.07%	6.56%	7.85%
R&D to Revenue	18.14%	14.06%	19.48%	18.92%	20.66%	18.47%	16.95%	15.37%	16.22%	16.37%	15.81%
Operating Expenses to Revenue	30.43%	28.11%	33.32%	35.12%	36.61%	33.08%	28.91%	26.79%	27.76%	28.30%	29.66%
Earnings before Interest and Taxes (EBIT)	7.46	6.30	5.37	6.21	5.35	5.04	5.46	6.88	5.62	5.53	4.96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.69	6.48	5.53	6.31	5.43	5.19	5.66	7.08	5.81	5.72	5.15
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.14	0.83	0.93	1.20	1.11	1.27	1.50	1.92	1.41	1.44	1.64
Price to Tangible Book Value (P/TBV)	1.50	1.10	1.25	1.62	1.50	2.10	2.43	2.99	2.15	2.15	2.42
Price to Revenue (P/Rev)	1.02	0.86	1.10	1.40	1.29	1.23	1.49	1.73	1.56	1.63	1.85
Price to Earnings (P/E)	4.66	3.60	4.72	4.49	4.55	5.51	6.46	7.68	6.37	6.82	8.58
Dividend Yield	35.50%	31.76%	26.13%	24.46%	24.78%	18.11%	13.74%	11.38%	15.48%	13.71%	12.15%
Earnings Yield	21.47%	27.80%	21.18%	22.27%	21.97%	18.15%	15.48%	13.03%	15.70%	14.67%	11.65%
Enterprise Value to Invested Capital (EV/IC)	1.99	0.00	0.02	2.20	1.47	1.45	1.88	2.13	2.56	1.50	1.79
Enterprise Value to Revenue (EV/Rev)	0.25	0.00	0.00	0.42	0.41	0.86	1.07	1.57	0.75	1.48	1.64
Enterprise Value to EBITDA (EV/EBITDA)	0.82	0.00	0.01	1.21	1.37	3.73	4.40	5.83	2.79	5.61	6.82
Enterprise Value to EBIT (EV/EBIT)	0.84	0.00	0.01	1.23	1.39	3.85	4.56	5.99	2.88	5.80	7.07
Enterprise Value to NOPAT (EV/NOPAT)	1.10	0.00	0.01	1.81	1.51	4.19	4.95	6.99	3.12	7.22	8.60
Enterprise Value to Operating Cash Flow (EV/OCF)	1.63	0.00	0.01	2.79	1.67	2.90	3.84	5.98	3.56	7.82	8.53
Enterprise Value to Free Cash Flow (EV/FCFF)	1.68	0.00	0.01	3.45	2.23	0.00	4.83	0.00	0.89	0.00	6.07
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.90	-0.88	-0.91	-0.88	-0.80	-0.57	-0.41	-0.30	-0.46	-0.43	-0.16
Leverage Ratio	1.38	1.37	1.37	1.33	1.27	1.33	1.41	1.40	1.36	1.31	1.28
Compound Leverage Factor	1.33	1.37	1.37	1.33	1.32	1.46	1.51	1.40	1.36	1.31	1.28
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	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%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.13	3.20	3.30	4.30	4.72	3.46	3.93	4.86	4.31	4.74	5.49
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.45	3.39	3.84	4.31	5.44	3.14	3.49	3.64	3.92	4.41	5.78
Quick Ratio	3.36	2.97	3.57	3.96	4.76	1.99	1.79	0.78	1.51	1.22	2.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3.73	5.97	4.89	2.22	3.34	-3.72	5.16	-0.15	18	-11	5.78
Operating Cash Flow to CapEx	1,910.95%	4,313.01%	7,711.76%	3,867.61%	9,708.70%	12,848.08%	9,557.35%	8,731.65%	3,506.15%	6,406.25%	41,140.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.83	0.69	0.61	0.64	0.68	0.79	0.74	0.80	0.66	0.68	0.69
Accounts Receivable Turnover	13.04	14.91	92.81	35.45	25.85	10.74	11.90	0.00	0.00	9.29	8.95
Inventory Turnover	995.00	908.42	975.86	1,562.89	1,536.50	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	39.46	34.62	33.15	51.61	99.10	136.94	143.40	157.67	107.76	98.01	115.30
Accounts Payable Turnover	4.83	3.49	5.35	14.05	4.73	3.66	3.16	6.19	5.35	3.80	4.30
Days Sales Outstanding (DSO)	27.98	24.49	3.93	10.30	14.12	33.97	30.67	0.00	0.00	39.28	40.79
Days Inventory Outstanding (DIO)	0.37	0.40	0.37	0.23	0.24	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	75.60	104.57	68.18	25.98	77.15	99.70	115.69	59.00	68.21	96.01	84.80
Cash Conversion Cycle (CCC)	-47.26	-79.68	-63.87	-15.45	-62.79	-65.73	-85.02	-59.00	-68.21	-56.72	-44.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3.15	2.28	1.47	3.48	5.07	13	13	19	6.33	21	20
Invested Capital Turnover	11.62	7.71	9.62	7.29	4.24	2.45	1.75	1.61	1.68	1.56	1.05
Increase / (Decrease) in Invested Capital	1.99	-0.87	-0.81	2.01	1.59	8.34	-0.13	6.05	-13	15	-1.70
Enterprise Value (EV)	6.27	-1.51	0.03	7.66	7.46	19	25	41	16	32	35
Market Capitalization	26	18	20	25	23	28	35	46	34	35	40
Book Value per Share	$1.19	$1.14	$1.11	$1.09	$1.09	$1.13	$1.16	$1.19	$1.19	$1.22	$1.21
Tangible Book Value per Share	$0.90	$0.86	$0.83	$0.81	$0.81	$0.68	$0.72	$0.76	$0.78	$0.81	$0.82
Total Capital	22	22	21	21	21	22	23	24	24	24	24
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-19	-20	-20	-18	-16	-8.52	-9.84	-4.39	-17	-3.14	-4.65
Capital Expenditures (CapEx)	0.20	0.15	0.07	0.07	0.05	0.05	0.07	0.08	0.13	0.06	0.01
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2.70	-3.39	-3.77	-2.07	-0.53	4.61	4.21	11	-2.35	12	11
Debt-free Net Working Capital (DFNWC)	15	15	15	15	15	13	14	15	15	15	16
Net Working Capital (NWC)	15	15	15	15	15	13	14	15	15	15	16
Net Nonoperating Expense (NNE)	0.23	0.09	-0.13	-1.38	-0.20	-0.44	-0.35	-0.05	-0.09	-0.73	-0.55
Net Nonoperating Obligations (NNO)	-19	-20	-20	-18	-16	-8.52	-9.84	-4.39	-17	-3.14	-4.65
Total Depreciation and Amortization (D&A)	0.23	0.17	0.16	0.10	0.08	0.15	0.20	0.19	0.19	0.20	0.19
Debt-free, Cash-free Net Working Capital to Revenue	-10.78%	-16.20%	-20.86%	-11.48%	-2.94%	20.36%	18.02%	39.91%	-10.92%	55.99%	51.29%
Debt-free Net Working Capital to Revenue	59.92%	70.40%	84.30%	82.61%	84.21%	57.40%	60.10%	56.58%	70.19%	70.52%	72.95%
Net Working Capital to Revenue	59.92%	70.40%	84.30%	82.61%	84.21%	57.40%	60.10%	56.58%	70.19%	70.52%	72.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.29	$0.26	$0.22	$0.29	$0.27	$0.26	$0.27	$0.30	$0.00	$0.26	$0.23
Adjusted Weighted Average Basic Shares Outstanding	18.95M	19.18M	19.23M	19.29M	19.34M	19.75M	19.91M	20.01M	0.00	20.16M	20.30M
Adjusted Diluted Earnings per Share	$0.29	$0.26	$0.22	$0.29	$0.27	$0.25	$0.27	$0.29	$0.00	$0.25	$0.22
Adjusted Weighted Average Diluted Shares Outstanding	19.03M	19.28M	19.31M	19.56M	19.56M	19.96M	20.14M	20.27M	0.00	20.47M	20.58M
Adjusted Basic & Diluted Earnings per Share	$0.29	$0.26	$0.22	$0.29	$0.27	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	19.11M	19.20M	19.26M	19.31M	19.44M	19.90M	19.99M	20.06M	0.00	20.12M	20.37M
Normalized Net Operating Profit after Tax (NOPAT)	5.72	5.11	4.07	4.24	4.93	4.62	5.03	5.90	5.20	4.44	4.08
Normalized NOPAT Margin	22.85%	24.41%	22.56%	23.45%	27.18%	20.39%	21.54%	22.41%	24.13%	20.55%	19.04%
Pre Tax Income Margin	28.58%	30.11%	29.76%	34.38%	30.73%	24.37%	24.99%	26.14%	26.06%	25.57%	23.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	82.87%	114.75%	123.53%	110.00%	112.95%	99.92%	88.71%	87.39%	98.87%	93.65%	105.14%
Augmented Payout Ratio	82.87%	114.75%	123.53%	110.00%	112.95%	99.92%	88.71%	87.39%	98.87%	93.65%	105.14%

No quarterly metrics and ratios for MIND C.T.I. are available.

Financials Breakdown Chart

MIND C.T.I. Financials - Frequently Asked Questions

According to the most recent income statement we have on file, MIND C.T.I.'s fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

The last 5 years of MIND C.T.I.'s net income performance:

2020: $5.38 million
2021: $5.95 million
2022: $5.29 million
2023: $5.17 million
2024: $4.63 million

Find out what analysts predict for MIND C.T.I. in the coming months.

MIND C.T.I.'s total operating income in 2024 was $4.38 million, based on the following breakdown:

Total Gross Profit: $10.74 million
Total Operating Expenses: $6.36 million

Over the last 10 years, MIND C.T.I.'s total revenue changed from $25.02 million in 2014 to $21.45 million in 2024, a change of -14.3%.

MIND C.T.I.'s total liabilities were at $6.41 million at the end of 2024, a 10.2% decrease from 2023, and a 19.3% decrease since 2014.

In the past 10 years, MIND C.T.I.'s cash and equivalents has ranged from $2.74 million in 2018 to $11.48 million in 2015, and is currently $4.45 million as of their latest financial filing in 2024.

Over the last 10 years, MIND C.T.I.'s book value per share changed from 1.19 in 2014 to 1.21 in 2024, a change of 1.7%.

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

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MIND C.T.I. (MNDO) Financials

Financials Breakdown Chart

MIND C.T.I. Financials - Frequently Asked Questions

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MIND C.T.I. (MNDO) Financials

Annual Income Statements for MIND C.T.I.

Quarterly Income Statements for MIND C.T.I.

Annual Cash Flow Statements for MIND C.T.I.

Quarterly Cash Flow Statements for MIND C.T.I.

Annual Balance Sheets for MIND C.T.I.

Quarterly Balance Sheets for MIND C.T.I.

Annual Metrics And Ratios for MIND C.T.I.

Quarterly Metrics And Ratios for MIND C.T.I.

Financials Breakdown Chart

MIND C.T.I. Financials - Frequently Asked Questions

When does MIND C.T.I.'s financial year end?

How has MIND C.T.I.'s net income changed over the last 10 years?

What is MIND C.T.I.'s operating income?

How has MIND C.T.I.'s revenue changed over the last 10 years?

How much debt does MIND C.T.I. have?

How much cash does MIND C.T.I. have?

How has MIND C.T.I.'s book value per share changed over the last 10 years?

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