MIND - MIND TECHNOLOGY, INC

📈 Is growth accelerating? 7 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Revenue Growth YoY (%)	-12.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-352%)	28.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+467%)	46.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+819%)	8.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+65%)	8.9% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+78%)	-50.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1106%)	-0.6% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-112%)	-11.0% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-321%)	17.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+255%)	-20.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-518%)	-37.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-854%)	-9.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-295%)	-12.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-340%)	-7.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-244%)	58.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1062%)	29.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+487%)	—	—
EPS Growth YoY (%)	-97.9% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	72.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-585.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	27.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-63.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	38.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	2.2% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	34.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	13.4% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-335.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	-72.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-37.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	343.8% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	860.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-85.2% Weak ↓ Weak Declining Year-over-year change in net income	1751.8% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	41.5% Excellent ↑ Excellent Improving Year-over-year change in net income	25.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-79.9% Weak ↓ Weak Declining Year-over-year change in net income	43.1% Excellent ↑ Excellent Improving Year-over-year change in net income	5.8% Fair ↑ Fair Improving Year-over-year change in net income	36.4% Excellent ↑ Excellent Improving Year-over-year change in net income	14.4% Fair ↑ Fair Improving Year-over-year change in net income	-321.4% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-72.0% Weak ↓ Weak Declining Year-over-year change in net income	-29.9% Weak ↓ Weak Declining Year-over-year change in net income	414.3% Excellent Excellent Year-over-year change in net income	809.4% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	343.7% Excellent Excellent Year-over-year change in free cash flow	—	—	-89.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-153.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	8.7% Fair ↑ Fair Improving Year-over-year change in free cash flow	-8.9% Weak Weak Year-over-year change in free cash flow	N/M	-89.1% Weak Weak Year-over-year change in free cash flow	—	—	—	—	13.0% Fair ↓ Fair Declining Year-over-year change in free cash flow	-0.1% Weak Weak Year-over-year change in free cash flow	117.5% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	17.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	26.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-16.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-18.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-24.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.3% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-6.1% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-16.6% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-23.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-20.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-9.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	8.9% Fair Fair Compound annual revenue growth over 3 years	23.8% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	14.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	1.9% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-3.2% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-12.3% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-10.8% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-16.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-12.5% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-14.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-14.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-18.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-6.2% Weak Weak Compound annual revenue growth over 5 years	8.5% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	—	—	—	—	—	—	—	—	-8.3% Weak Weak Compound annual EPS growth over 3 years	199.3% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Operating Margin (%) (%)	7.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-42%)	14.5% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+21%)	1.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	-22.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-288%)	-62.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-625%)	-67.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-663%)	-24.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-303%)	-30.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-353%)	-40.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-440%)	-76.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-736%)	-51.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-530%)	-8.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-168%)	6.3% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-47%)	13.3% Fair → Fair Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+11%)	30.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+155%)	9.7% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	1.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-87%)	—
Effective Tax Rate (%) (%)	74.1% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	28.1% Caution ↓ Caution Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	562.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-13.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-8.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-5.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-39.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.9% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-26.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	29.2% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	1.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	10.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+35%)	0.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-91%)	-35.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-541%)	-65.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-916%)	-95.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1296%)	-26.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-431%)	-46.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-678%)	-43.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-646%)	-80.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1111%)	-74.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1034%)	-11.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-238%)	5.2% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	16.3% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+104%)	21.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+169%)	6.6% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-17%)	0.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	—
FCF Margin (%) (%)	4.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-14.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-13.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-77.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-30.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-16.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-14.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	7.0% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	41.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	30.5% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	41.7% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	24.6% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	2.56x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.04x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-19.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.39x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.19x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.32x Weak → Weak Stable Free cash flow relative to reported net income Optimal: > 1x	0.61x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.32x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.01x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.09x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	2.54x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	1.42x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	6.29x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	26.12x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Return on Invested Capital (%)	1.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	17.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-10.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-47.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-49.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-23.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-23.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-31.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-37.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-29.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	14.5% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	4.6% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	0.8% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	5.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	18.6% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-17.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-34.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-36.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-17.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-19.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-26.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-33.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-19.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	7.3% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	17.4% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	5.0% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	1.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-88%)	18.6% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+24%)	1.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-92%)	-38.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-355%)	-49.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-432%)	-66.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-545%)	-23.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-258%)	-35.0% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-333%)	-32.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-313%)	-41.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-373%)	-36.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-346%)	-6.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	2.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-81%)	9.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	15.6% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	5.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-67%)	0.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-96%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	—	—	—	0.08x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-89%)	0.20x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-72%)	0.18x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-74%)	0.13x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-81%)	0.02x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-97%)	0.08x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-88%)	0.25x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-65%)	—	—
Interest Coverage (x)	—	—	0.82x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1412.50x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-469.16x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-358.20x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-164.68x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1627.50x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-229.16x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-48.66x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-36.21x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-7.48x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	18.49x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	26.08x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	46.68x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	9.15x Good Good Operating income divided by interest expense Optimal: > 5x	1.38x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-19.05M	$-5.34M	$-5.29M	$-778.00K	$-5.11M	$-4.61M	$-3.09M	$-9.39M	$-9.90M	$3.47M	$16.71M	$21.18M	$7.04M	$-10.91M	$-2.50M	$8.70M	$-6.13M	$-5.06M
Debt / EBITDA (x)	—	—	—	—	—	—	—	—	—	-0.22x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.84x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-5.79x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.04x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.28x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.36x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.88x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Revenue per Share (USD)	$4.96	$11.49	—	$17.80	$1.68	$1.69	$3.51	$3.55	$4.00	$3.40	$4.30	$6.66	$7.22	$8.23	$9.87	$7.23	$5.63	—
Basic EPS, GAAP (USD)	$0.09	$4.32	$-2.50	$-8.98	$-1.31	$-1.80	$-1.10	$-1.78	$-1.82	$-2.79	$-3.22	$-0.74	$0.37	$1.34	$2.13	$0.48	$0.05	—
Free Cash Flow per Share (USD)	$0.23	$0.05	—	$-2.47	$-1.30	$-0.52	$-0.56	$-0.52	$0.03	$0.24	—	—	—	$3.40	$3.01	$3.01	$1.39	—
Book Value per Share (USD)	$4.56	$3.43	$1.64	$16.41	$2.20	$2.43	$3.92	$4.68	$5.45	$6.71	$8.72	$11.74	$13.35	$13.87	$13.60	$9.60	$8.67	—
Tangible Book Value per Share (USD)	$4.56	$3.43	$1.64	$16.41	$2.20	$2.43	$3.72	$4.47	$5.24	$6.37	$8.38	$11.29	$13.02	$13.21	$12.81	$9.16	$8.67	—
Basic Weighted Avg Shares (shares)	8.26M	4.08M	1,406	1.41M	13.77M	12.52M	12.14M	12.11M	12.08M	12.07M	12.04M	12.48M	12.76M	12.71M	11.43M	9.87M	9.80M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Working Capital (USD)	$37.44M	$23.47M	$18.06M	$13.30M	$18.55M	$18.95M	$22.18M	$28.91M	$25.52M	$21.59M	$30.43M	$44.15M	$49.72M	$48.40M	$41.30M	$29.16M	—	—
LT Debt (USD)	—	—	—	—	—	—	—	—	—	$6.37M	$20.48M	$26.36M	$22.20M	$4.24M	$12.78M	$23.34M	—	—
Total Equity (USD)	$41.42M	$27.33M	$22.64M	$23.05M	$30.26M	$30.42M	$47.65M	$56.68M	$65.85M	$80.93M	$105.04M	$146.47M	$170.45M	$176.31M	$155.43M	$94.72M	$84.95M	$77.12M

📋 What is driving earnings? 4 metrics

Metric	FY 2026 Jan 31, 2026 10-K ↗	FY 2025 Jan 31, 2025 10-K ↗	FY 2024 Jan 31, 2024 10-K ↗	FY 2023 Jan 31, 2023 10-K ↗	FY 2022 Jan 31, 2022 10-K ↗	FY 2021 Jan 31, 2021 10-K ↗	FY 2020 Jan 31, 2020 10-K ↗	FY 2019 Jan 31, 2019 10-K ↗	FY 2018 Jan 31, 2018 10-K ↗	FY 2017 Jan 31, 2017 10-K ↗	FY 2016 Jan 31, 2016 10-K ↗	FY 2015 Jan 31, 2015 10-K ↗	FY 2014 Jan 31, 2014 10-K ↗	FY 2013 Jan 31, 2013 10-K ↗	FY 2012 Jan 31, 2012 10-K ↗	FY 2011 Jan 31, 2011 10-K ↗	FY 2010 Jan 31, 2010 10-K ↗	FY 2009 Jan 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$40.95M	$46.86M	$36.51M	$25.01M	$23.11M	$21.21M	$42.67M	$42.94M	$48.28M	$41.00M	$51.82M	$83.15M	$92.11M	$104.69M	$112.83M	$71.36M	$55.17M	—
Depreciation Expense (USD)	$873.00K	$944.00K	$1.18M	$1.34M	$2.21M	$2.80M	$2.67M	$2.50M	$2.15M	$2.40M	$2.51M	$2.19M	$1.49M	$1.40M	$1.24M	$1.17M	$899.00K	—
Net Income, GAAP (USD)	$750.00K	$5.07M	$274.00K	$-8.83M	$-15.09M	$-20.31M	$-11.29M	$-19.84M	$-21.07M	$-33.15M	$-38.74M	$-9.19M	$4.77M	$17.05M	$24.32M	$4.73M	$520.00K	—
Operating Cash Flow (USD)	$2.59M	$651.00K	$-4.97M	$-2.90M	$-17.13M	$-6.36M	$-5.82M	$-5.46M	$719.00K	$3.15M	—	—	—	$44.26M	$35.96M	$30.14M	$14.09M	—

MIND TECHNOLOGY, INC

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18-Year Financial Trajectory

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