$8.43M Market Cap.
MIND Market Cap. (MRY)
MIND Shares Outstanding (MRY)
MIND Assets (MRY)
Total Assets
$33.49M
Total Liabilities
$10.85M
Total Investments
$0
MIND Income (MRY)
Revenue
$36.51M
Net Income
$274.00K
Operating Expense
$15.45M
MIND Cash Flow (MRY)
CF Operations
-$4.97M
CF Investing
$11.02M
CF Financing
-$1.53M
MIND Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | 0% | 0% | - |
2019 | $0 | 0% | - | 0% | - |
MIND Balance Sheet (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Total Assets | $33,491,000 (1.93%) | $32,858,000 (-21.80%) | $42,020,000 (5.68%) | $39,763,000 (-31.71%) |
Assets Current | $28,339,000 (27.46%) | $22,233,000 (-23.98%) | $29,245,000 (9.16%) | $26,791,000 (-32.02%) |
Assets Non-Current | $5,152,000 (-51.51%) | $10,625,000 (-16.83%) | $12,775,000 (-1.52%) | $12,972,000 (-31.06%) |
Goodwill & Intangible Assets | $2,888,000 (-41.43%) | $4,931,000 (-18.06%) | $6,018,000 (-10.84%) | $6,750,000 (-36.72%) |
Shareholders Equity | $22,641,000 (-1.78%) | $23,052,000 (-23.83%) | $30,263,000 (-0.50%) | $30,416,000 (-36.17%) |
Property Plant & Equipment Net | $2,142,000 (-62.38%) | $5,694,000 (-6.76%) | $6,107,000 (-1.85%) | $6,222,000 (-19.39%) |
Cash & Equivalents | $5,289,000 (579.82%) | $778,000 (-84.79%) | $5,114,000 (10.91%) | $4,611,000 (42.58%) |
Accumulated Other Comprehensive Income | $34,000 (0.00%) | $34,000 (101.81%) | -$1,881,000 (56.82%) | -$4,356,000 (0.71%) |
Deferred Revenue | $203,000 (23.78%) | $164,000 (-29.31%) | $232,000 (11.54%) | $208,000 (-71.55%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $13,371,000 (-12.71%) | $15,318,000 (9.37%) | $14,006,000 (22.29%) | $11,453,000 (-9.51%) |
Trade & Non-Trade Receivables | $6,566,000 (64.44%) | $3,993,000 (-50.86%) | $8,126,000 (71.18%) | $4,747,000 (-28.33%) |
Trade & Non-Trade Payables | $1,623,000 (-60.42%) | $4,101,000 (100.44%) | $2,046,000 (20.07%) | $1,704,000 (-3.57%) |
Accumulated Retained Earnings (Deficit) | -$128,307,000 (-0.53%) | -$127,635,000 (-8.30%) | -$117,856,000 (-18.01%) | -$99,870,000 (-29.18%) |
Tax Assets | $122,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $2,114,000 (36.83%) | $1,545,000 (66.31%) | $929,000 (22.24%) | $760,000 (47.29%) |
Total Debt | $1,324,000 (-24.30%) | $1,749,000 (-4.69%) | $1,835,000 (-20.94%) | $2,321,000 (0.91%) |
Debt Current | $751,000 (-16.83%) | $903,000 (3.91%) | $869,000 (-13.79%) | $1,008,000 (-24.72%) |
Debt Non-Current | $573,000 (-32.27%) | $846,000 (-12.42%) | $966,000 (-26.43%) | $1,313,000 (36.63%) |
Total Liabilities | $10,850,000 (10.65%) | $9,806,000 (-16.59%) | $11,757,000 (25.78%) | $9,347,000 (-11.62%) |
Liabilities Current | $10,277,000 (15.07%) | $8,931,000 (-16.52%) | $10,699,000 (36.54%) | $7,836,000 (-7.24%) |
Liabilities Non-Current | $573,000 (-34.51%) | $875,000 (-17.30%) | $1,058,000 (-29.98%) | $1,511,000 (-28.99%) |
MIND Income Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Revenues | $36,510,000 (4.04%) | $35,091,000 (51.86%) | $23,107,000 (8.92%) | $21,215,000 (-29.09%) |
Cost of Revenue | $20,539,000 (-7.13%) | $22,116,000 (29.45%) | $17,085,000 (22.86%) | $13,906,000 (-18.03%) |
Selling General & Administrative Expense | $12,142,000 (-20.66%) | $15,304,000 (3.68%) | $14,761,000 (16.71%) | $12,648,000 (-10.55%) |
Research & Development Expense | $2,133,000 (-37.23%) | $3,398,000 (-5.51%) | $3,596,000 (19.75%) | $3,003,000 (62.32%) |
Operating Expenses | $15,453,000 (-24.95%) | $20,589,000 (0.11%) | $20,566,000 (-4.95%) | $21,637,000 (12.44%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $1,338,000 (91.42%) | $699,000 (1892.31%) | -$39,000 (-107.28%) | $536,000 (51.84%) |
Net Loss Income from Discontinued Operations | -$1,374,000 (-198.07%) | $1,401,000 (-6.97%) | $1,506,000 (-76.11%) | $6,304,000 (32.88%) |
Consolidated Income | $274,000 (103.10%) | -$8,832,000 (41.45%) | -$15,085,000 (25.71%) | -$20,306,000 (-79.91%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $274,000 (103.10%) | -$8,832,000 (41.45%) | -$15,085,000 (25.71%) | -$20,306,000 (-79.91%) |
Preferred Dividends Income Statement Impact | $3,788,000 (0.00%) | $3,788,000 (30.58%) | $2,901,000 (28.70%) | $2,254,000 (9.95%) |
Net Income Common Stock | -$3,514,000 (72.16%) | -$12,620,000 (29.83%) | -$17,986,000 (20.27%) | -$22,560,000 (-69.15%) |
Weighted Average Shares | $1,405,779 (1.99%) | $1,378,400 (0.09%) | $1,377,100 (10.00%) | $1,251,900 (3.10%) |
Weighted Average Shares Diluted | - | $1,378,400 (0.09%) | $1,377,100 (10.00%) | $1,251,900 (3.10%) |
Earning Before Interest & Taxes (EBIT) | $1,612,000 (119.82%) | -$8,133,000 (46.22%) | -$15,124,000 (23.50%) | -$19,770,000 (-80.81%) |
Gross Profit | $15,971,000 (23.09%) | $12,975,000 (115.46%) | $6,022,000 (-17.61%) | $7,309,000 (-43.58%) |
Operating Income | $518,000 (106.80%) | -$7,614,000 (47.65%) | -$14,544,000 (-1.51%) | -$14,328,000 (-127.79%) |
MIND Cash Flow Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Net Cash Flow from Investing | $11,018,000 (2244.26%) | $470,000 (-91.24%) | $5,364,000 (67.26%) | $3,207,000 (253.59%) |
Net Cash Flow from Financing | -$1,535,000 (19.00%) | -$1,895,000 (-115.55%) | $12,187,000 (169.98%) | $4,514,000 (158.09%) |
Net Cash Flow from Operations | -$4,967,000 (-70.98%) | -$2,905,000 (83.05%) | -$17,134,000 (-169.40%) | -$6,360,000 (-9.33%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $4,511,000 (204.04%) | -$4,336,000 (-962.03%) | $503,000 (-63.47%) | $1,377,000 (121.81%) |
Net Cash Flow - Business Acquisitions and Disposals | $10,832,000 (0%) | $0 (0%) | $761,000 (196.11%) | $257,000 (7.53%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$290,000 (50.17%) | -$582,000 (30.22%) | -$834,000 (-146.08%) | $1,810,000 (177.78%) |
Issuance (Repayment) of Debt Securities | -$589,000 (0%) | $0 (0%) | $0 (0%) | $1,607,000 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | -$1,000 (-102.44%) | $41,000 (-98.86%) | $3,584,000 (13684.62%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$5,000 (16.67%) | -$6,000 (-106.98%) | $86,000 (437.50%) | $16,000 (110.06%) |
Share Based Compensation | $261,000 (-60.09%) | $654,000 (1.71%) | $643,000 (-9.18%) | $708,000 (-17.10%) |
Depreciation Amortization & Accretion | $1,516,000 (-19.66%) | $1,887,000 (-14.77%) | $2,214,000 (-52.15%) | $4,627,000 (-40.44%) |
MIND Financial Metrics (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Gross Margin | 43.70% (18.11%) | 37.00% (41.76%) | 26.10% (-24.35%) | 34.50% (-20.32%) |
Profit Margin | -9.60% (73.33%) | -36.00% (53.73%) | -77.80% (26.81%) | -106.30% (-138.34%) |
EBITDA Margin | 8.60% (148.31%) | -17.80% (68.16%) | -55.90% (21.71%) | -71.40% (-573.58%) |
Return on Average Equity (ROAE) | -15.90% (69.13%) | -51.50% (21.97%) | -66.00% (0.75%) | -66.50% (-153.82%) |
Return on Average Assets (ROAA) | -10.70% (70.19%) | -35.90% (25.67%) | -48.30% (6.21%) | -51.50% (-139.53%) |
Return on Sales (ROS) | 4.40% (118.97%) | -23.20% (64.58%) | -65.50% (29.72%) | -93.20% (-155.34%) |
Return on Invested Capital (ROIC) | 8.40% (122.16%) | -37.90% (47.14%) | -71.70% (-3.31%) | -69.40% (-144.37%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -2.4 (-237.08%) | -0.71 (32.38%) | -1.05 (11.44%) | -1.19 (53.95%) |
Price to Sales Ratio (P/S) | 0.23 (-10.12%) | 0.26 (-68.73%) | 0.82 (-34.92%) | 1.26 (9.54%) |
Price to Book Ratio (P/B) | 0.37 (-4.85%) | 0.39 (-37.58%) | 0.63 (-30.68%) | 0.91 (24.97%) |
Debt to Equity Ratio (D/E) | 0.48 (12.71%) | 0.42 (9.54%) | 0.39 (26.38%) | 0.31 (38.29%) |
Earnings Per Share (EPS) | -2.5 (72.83%) | -9.2 (29.77%) | -13.1 (27.22%) | -18 (-63.64%) |
Sales Per Share (SPS) | 25.97 (2.02%) | 25.46 (51.73%) | 16.78 (-0.99%) | 16.95 (-31.22%) |
Free Cash Flow Per Share (FCFPS) | -3.74 (-47.83%) | -2.53 (80.61%) | -13.05 (-259.05%) | -3.63 (45.82%) |
Book Value Per Share (BVPS) | 16.11 (-3.70%) | 16.72 (-23.90%) | 21.98 (-9.55%) | 24.3 (-38.09%) |
Tangible Assets Book Value Per Share (TABVPS) | 21.77 (7.45%) | 20.26 (-22.50%) | 26.14 (-0.86%) | 26.37 (-32.67%) |
Enterprise Value Over EBIT (EV/EBIT) | 3 (400.00%) | -1 (0.00%) | -1 (0.00%) | -1 (66.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 1.4 (187.29%) | -1.6 (-4.63%) | -1.53 (16.63%) | -1.84 (81.91%) |
Asset Turnover | 1.11 (11.21%) | 1 (60.87%) | 0.62 (28.31%) | 0.48 (0.41%) |
Current Ratio | 2.76 (10.81%) | 2.49 (-8.93%) | 2.73 (-20.06%) | 3.42 (-26.71%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$5,257,000 (-50.76%) | -$3,487,000 (80.59%) | -$17,968,000 (-294.90%) | -$4,550,000 (44.13%) |
Enterprise Value (EV) | $4,382,674 (-56.29%) | $10,026,623 (-49.39%) | $19,810,264 (-28.89%) | $27,858,973 (-13.51%) |
Earnings Before Tax (EBT) | $1,612,000 (119.82%) | -$8,133,000 (46.22%) | -$15,124,000 (23.50%) | -$19,770,000 (-80.81%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $3,128,000 (150.08%) | -$6,246,000 (51.62%) | -$12,910,000 (14.75%) | -$15,143,000 (-378.30%) |
Invested Capital | $16,361,000 (-18.06%) | $19,967,000 (-9.34%) | $22,024,000 (-3.77%) | $22,887,000 (-40.05%) |
Working Capital | $18,062,000 (35.78%) | $13,302,000 (-28.28%) | $18,546,000 (-2.16%) | $18,955,000 (-38.79%) |
Tangible Asset Value | $30,603,000 (9.58%) | $27,927,000 (-22.43%) | $36,002,000 (9.05%) | $33,013,000 (-30.59%) |
Market Capitalization | $8,434,674 (-6.61%) | $9,031,623 (-52.49%) | $19,008,264 (-31.01%) | $27,552,973 (-20.26%) |
Average Equity | $22,045,500 (-10.11%) | $24,524,250 (-10.01%) | $27,252,250 (-19.61%) | $33,902,000 (-33.42%) |
Average Assets | $32,849,000 (-6.46%) | $35,117,250 (-5.66%) | $37,223,250 (-15.04%) | $43,812,750 (-29.36%) |
Invested Capital Average | $19,195,750 (-10.49%) | $21,445,250 (1.61%) | $21,105,750 (-25.86%) | $28,468,500 (-26.18%) |
Shares | 1,405,779 (1.95%) | 1,378,874 (0.11%) | 1,377,410 (6.98%) | 1,287,522 (5.82%) |
