Makes marine seismic equipment for oceanographic industries.
Jul 2026Revenue $34.8M/yrExpenses $35.7M/yr
No trendCash runway ≈ 4.1 years from Jul 2026
Figures by year
When will Mind Technology be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jul 2026, revenue was $34.8M and expenses $35.7M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Jan 2026 | $40.9M | $38.1M | $2.86M |
| Jan 2025 | $46.9M | $40.0M | $6.82M |
| Jan 2024 | $36.5M | $36.0M | $518K |
| Jan 2023 | $25.0M | $30.7M | −$5.65M |
| Jan 2022 | $23.1M | $37.7M | −$14.5M |
| Jan 2021 | $21.2M | $35.5M | −$14.3M |
| Jan 2020 | $29.9M | $36.2M | −$6.29M |
| Jan 2019 | $25.8M | $38.8M | −$13.0M |
| Jan 2018 | $0.00 | $19.7M | −$19.7M |
| Jan 2017 | $41.0M | $72.3M | −$31.3M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.