MNDO
MIND CTI Ltd
NASDAQ: MNDO · TECHNOLOGY · SOFTWARE - APPLICATION
$1.06
+0.95% today
Updated 2026-04-30
Market cap
$21.60M
P/E ratio
8.23
P/S ratio
1.11x
EPS (TTM)
$0.13
Dividend yield
—
52W range
$1 – $2
Volume
0.0M
MIND CTI Ltd (MNDO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.06M | $18.45M | $19.47M | $17.57M | $19.89M | $18.91M | $20.21M | $18.48M | $25.02M | $20.93M | $18.05M | $18.06M | $18.14M | $22.66M | $23.37M | $26.33M | $21.55M | $21.61M | $21.45M | $19.46M |
| Revenue growth (YoY) | — | -8.0% | +5.6% | -9.8% | +13.2% | -4.9% | +6.9% | -8.6% | +35.4% | -16.4% | -13.7% | +0.1% | +0.4% | +25.0% | +3.1% | +12.7% | -18.2% | +0.3% | -0.8% | -9.3% |
| Cost of revenue | $5.67M | $5.78M | $5.78M | $6.41M | $6.17M | $6.48M | $7.85M | $7.87M | $9.95M | $8.63M | $6.83M | $7.03M | $6.15M | $10.13M | $11.15M | $12.45M | $10.04M | $10.75M | $10.71M | $9.54M |
| Gross profit | $14.38M | $12.66M | $13.69M | $11.16M | $13.72M | $12.44M | $12.36M | $10.61M | $15.07M | $12.30M | $11.22M | $11.03M | $11.99M | $12.54M | $12.22M | $13.88M | $11.51M | $10.87M | $10.74M | $9.92M |
| Gross margin | 71.7% | 68.6% | 70.3% | 63.5% | 69.0% | 65.8% | 61.1% | 57.4% | 60.2% | 58.8% | 62.2% | 61.1% | 66.1% | 55.3% | 52.3% | 52.7% | 53.4% | 50.3% | 50.1% | 51.0% |
| R&D | $6.12M | $5.71M | $6.18M | $4.45M | $4.06M | $4.67M | $4.64M | $5.03M | $4.54M | $2.94M | $3.52M | $3.42M | $3.75M | $4.19M | $3.96M | $4.05M | $3.50M | $3.54M | $3.39M | $4.05M |
| SG&A | $5.76M | $5.40M | $6.12M | $2.32M | $1.55M | $1.83M | $1.82M | $1.73M | $1.93M | $1.77M | $1.39M | $1.68M | $1.62M | $2.09M | $1.82M | $1.60M | $1.52M | $1.42M | $1.68M | $3.78M |
| Operating income | $2.50M | $1.26M | $-2.29M | $2.17M | $5.00M | $3.94M | $4.37M | $2.16M | $7.46M | $6.42M | $5.21M | $4.69M | $5.35M | $5.04M | $5.46M | $6.83M | $5.52M | $4.75M | $4.38M | $2.09M |
| Operating margin | 12.5% | 6.8% | -11.8% | 12.3% | 25.1% | 20.8% | 21.6% | 11.7% | 29.8% | 30.7% | 28.8% | 25.9% | 29.5% | 22.2% | 23.4% | 25.9% | 25.6% | 22.0% | 20.4% | 10.7% |
| EBITDA | $3.67M | $-10.90M | $-4.81M | $20.76M | $5.63M | $4.40M | $4.94M | $2.57M | $7.40M | $6.49M | $5.55M | $6.33M | $5.67M | $5.69M | $6.07M | $7.13M | $5.89M | $5.75M | $5.17M | $2.36M |
| EBITDA margin | 18.3% | -59.1% | -24.7% | 118.1% | 28.3% | 23.3% | 24.4% | 13.9% | 29.6% | 31.0% | 30.7% | 35.0% | 31.2% | 25.1% | 25.9% | 27.1% | 27.3% | 26.6% | 24.1% | 12.1% |
| EBIT | $2.28M | $-11.85M | $-5.90M | $19.98M | $5.04M | $4.11M | $4.67M | $2.32M | $7.16M | $6.32M | $5.38M | $6.22M | $5.58M | $5.54M | $5.87M | $6.93M | $5.70M | $5.55M | $4.99M | $2.09M |
| Interest expense | $28000.00 | $26000.00 | $11.81M | $35.39M | $1.94M | $21000.00 | $32000.00 | $19000.00 | $13000.00 | $14000.00 | $13000.00 | $14000.00 | $11000.00 | $14000.00 | $23000.00 | $49000.00 | $83000.00 | $27000.00 | $24000.00 | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $909000.00 | $-11.96M | $-6.42M | $19.79M | $4.86M | $4.29M | $4.28M | $2.19M | $5.48M | $5.02M | $4.20M | $5.61M | $5.13M | $5.07M | $5.38M | $5.95M | $5.29M | $5.17M | $4.63M | $2.60M |
| Net income growth (YoY) | — | -1415.2% | +46.3% | +408.1% | -75.5% | -11.6% | -0.3% | -48.9% | +150.9% | -8.5% | -16.2% | +33.5% | -8.5% | -1.3% | +6.3% | +10.5% | -11.1% | -2.3% | -10.4% | -43.8% |
| Profit margin | 4.5% | -64.8% | -33.0% | 112.6% | 24.4% | 22.7% | 21.2% | 11.8% | 21.9% | 24.0% | 23.3% | 31.1% | 28.3% | 22.3% | 23.0% | 22.6% | 24.5% | 23.9% | 21.6% | 13.4% |