Announcement • Apr 02
MIND Technology, Inc. to Report Q4, 2026 Results on Apr 15, 2026 MIND Technology, Inc. announced that they will report Q4, 2026 results After-Market on Apr 15, 2026 Announcement • Nov 26
MIND Technology, Inc. to Report Q3, 2026 Results on Dec 09, 2025 MIND Technology, Inc. announced that they will report Q3, 2026 results After-Market on Dec 09, 2025 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €9.15, the stock trades at a trailing P/E ratio of 3.8x. Average forward P/E is 9x in the Energy Services industry in Europe. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €11.20, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 9x in the Energy Services industry in Europe. Board Change • Oct 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Alan Baden was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €9.20, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 9x in the Energy Services industry in Europe. Reported Earnings • Sep 12
Second quarter 2026 earnings released: EPS: US$0.24 (vs US$0.11 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.24 (up from US$0.11 loss in 2Q 2025). Revenue: US$13.6m (up 35% from 2Q 2025). Net income: US$1.93m (up US$2.08m from 2Q 2025). Profit margin: 14% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Board Change • Sep 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Alan Baden was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €8.00, the stock trades at a trailing P/E ratio of 4.4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 142% over the past year. Announcement • Sep 03
MIND Technology, Inc. has filed a Follow-on Equity Offering in the amount of $25 million. MIND Technology, Inc. has filed a Follow-on Equity Offering in the amount of $25 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Aug 27
MIND Technology, Inc. to Report Q2, 2026 Results on Sep 09, 2025 MIND Technology, Inc. announced that they will report Q2, 2026 results After-Market on Sep 09, 2025 Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Alan Baden was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 29
MIND Technology, Inc. to Report Q1, 2026 Results on Jun 10, 2025 MIND Technology, Inc. announced that they will report Q1, 2026 results After-Market on Jun 10, 2025 Announcement • May 19
MIND Technology, Inc., Annual General Meeting, Jul 17, 2025 MIND Technology, Inc., Annual General Meeting, Jul 17, 2025. Announcement • Apr 04
MIND Technology, Inc. to Report Q4, 2025 Results on Apr 22, 2025 MIND Technology, Inc. announced that they will report Q4, 2025 results After-Market on Apr 22, 2025 Announcement • Nov 26
MIND Technology, Inc. to Report Q3, 2025 Results on Dec 10, 2024 MIND Technology, Inc. announced that they will report Q3, 2025 results After-Market on Dec 10, 2024 Announcement • Oct 28
MIND Technology, Inc., Annual General Meeting, Dec 12, 2024 MIND Technology, Inc., Annual General Meeting, Dec 12, 2024. New Risk • Sep 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 481% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.0m free cash flow). Shareholders have been substantially diluted in the past year (481% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (€25.0m market cap, or US$27.8m). Announcement • Aug 27
MIND Technology, Inc. to Report Q2, 2025 Results on Sep 11, 2024 MIND Technology, Inc. announced that they will report Q2, 2025 results After-Market on Sep 11, 2024 Announcement • Jun 13
MIND Technology, Inc. Provides Earnings Guidance for the Fiscal Year 2025 MIND Technology, Inc. provided earnings guidance for the fiscal year 2025. The company expects another profitable fiscal year for MIND with increased revenue as compared to fiscal 2024. Reported Earnings • Jun 11
First quarter 2025 earnings released: EPS: US$0.005 (vs US$0.86 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.005 (up from US$0.86 loss in 1Q 2024). Revenue: US$9.68m (down 23% from 1Q 2024). Net income: US$7.0k (up US$1.19m from 1Q 2024). Profit margin: 0.1% (up from net loss in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Announcement • Jun 05
MIND Technology, Inc. to Report Q1, 2025 Results on Jun 10, 2024 MIND Technology, Inc. announced that they will report Q1, 2025 results After-Market on Jun 10, 2024 Reported Earnings • Apr 30
Full year 2024 earnings released: US$3.48 loss per share (vs US$8.14 loss in FY 2023) Full year 2024 results: US$3.48 loss per share (improved from US$8.14 loss in FY 2023). Revenue: US$36.5m (up 4.0% from FY 2023). Net loss: US$4.89m (loss narrowed 56% from FY 2023). Announcement • Apr 20
MIND Technology, Inc. to Report Q4, 2024 Results on Apr 29, 2024 MIND Technology, Inc. announced that they will report Q4, 2024 results After-Market on Apr 29, 2024 New Risk • Mar 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.5m free cash flow). Market cap is less than US$10m (€8.08m market cap, or US$8.82m). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$141k net loss next year). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Announcement • Aug 23
General Oceans, Inc. acquired Klein Marine Systems, Inc. from MIND Technology, Inc. (NasdaqCM:MIND) for $11.5 million. General Oceans, Inc. acquired Klein Marine Systems, Inc. from MIND Technology, Inc. (NasdaqCM:MIND) for $11.5 million on August 21, 2023.
General Oceans, Inc. completed the acquisition of Klein Marine Systems, Inc. from MIND Technology, Inc. (NasdaqCM:MIND) on August 21, 2023. Announcement • Aug 08
MIND Technology, Inc., Annual General Meeting, Aug 30, 2023 MIND Technology, Inc., Annual General Meeting, Aug 30, 2023, at 09:00 Central Standard Time. Location: corporate office located at 2002 Timberloch Place, Suite 550 Woodlands, Texas 77380. Woodlands Texas United States Agenda: To consider elect the six nominees named in this proxy statement to serve on our Board of Directors until the next annual meeting of stockholders, each until their respective successors are duly elected and qualified; to Approve, on an advisory basis, Named Executive Officer compensation; to Ratify the selection by the Audit Committee of our Board of Directors of Moss Adams LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2024; to Transact such other business as may properly come before the meeting and any adjournment or postponement thereof; and to consider other matters if any.