MIND C.T.I. Ltd
MIND C.T.I. Ltd (MNDO) Financial Performance & Income Statement Overview
Review MIND C.T.I. Ltd (MNDO) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
MIND C.T.I. Ltd (MNDO) Income Statement & Financial Overview
Access detailed annual and quarterly income data for MIND C.T.I. Ltd MNDO financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $5.20M | $5.21M | $5.27M | $5.76M |
| Cost of Revenue | $2.31M | $2.95M | $2.47M | $2.97M |
| Gross Profit | $2.89M | $2.26M | $2.80M | $2.79M |
| Gross Profit Ratio | $0.56 | $0.43 | $0.53 | $0.48 |
| R&D Expenses | $827000.00 | $841000.00 | $841000.00 | $882000.00 |
| SG&A Expenses | $743000.00 | $672000.00 | $888000.00 | $666000.00 |
| Operating Expenses | $1.57M | $1.51M | $1.73M | $1.55M |
| Total Costs & Expenses | $3.88M | $4.46M | $4.20M | $4.52M |
| Interest Income | $230000.00 | $192000.00 | $140000.00 | $188000.00 |
| Interest Expense | $15000.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $45000.00 | $47000.00 | $46000.00 | $48000.00 |
| EBITDA | $1.36M | $790000.00 | $1.12M | $1.29M |
| EBITDA Ratio | $0.26 | $0.15 | $0.21 | $0.22 |
| Operating Income | $1.32M | $743000.00 | $1.07M | $1.24M |
| Operating Income Ratio | $0.25 | $0.14 | $0.20 | $0.22 |
| Other Income/Expenses (Net) | $67000.00 | $192000.00 | $140000.00 | $188000.00 |
| Income Before Tax | $1.39M | $935000.00 | $1.21M | $1.43M |
| Income Before Tax Ratio | $0.27 | $0.18 | $0.23 | $0.25 |
| Income Tax Expense | $149000.00 | $6000.00 | $82000.00 | $97000.00 |
| Net Income | $1.24M | $929000.00 | $1.13M | $1.33M |
| Net Income Ratio | $0.24 | $0.18 | $0.21 | $0.23 |
| EPS | $0.06 | $0.05 | $0.06 | $0.07 |
| Diluted EPS | $0.06 | $0.04 | $0.05 | $0.07 |
| Weighted Avg Shares Outstanding | $20.48M | $20.46M | $20.40M | $20.20M |
| Weighted Avg Shares Outstanding (Diluted) | $20.71M | $20.69M | $20.64M | $20.52M |
Over the last four quarters, MIND C.T.I. Ltd's revenue moved from $5.76M in Q1 2024 to $5.20M in Q4 2024. Operating income in Q4 2024 was $1.32M, with a strong operating margin of 25%. Despite fluctuations in R&D and SG&A expenses, EBITDA for MIND C.T.I. Ltd remained robust at $1.36M, reflecting operational efficiency. Net income rose to $1.24M, with an EPS of $0.06. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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