Plutux
$4.42
-0.23%
2026-09-03 16:00:00 EDT-$0.01
Technology
Hardware, Equipment & Parts
NASDAQ
Active Trading

MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic ...

Price Action

$4.42
-0.23%-$0.01
High
Low
52W High-69.5%
Rel. vol
Interval
Range2.5h
VolumeSMA5SMA10
MIND Technology, Inc. (formerly Mitcham Industries) is a global provider of advanced technology solutions for the marine survey, seismic, and maritime security industries. Founded in 1987 and headquartered in The Woodlands, Texas, the company operates through its MIND and Seamap product lines, serving diverse sectors including oceanography, hydrography, defense, and ...MIND Technology, Inc. (formerly Mitcham Industries) is a global provider of advanced technology solutions for the marine survey, seismic, and maritime security industries. Founded in 1987 and headquartered in The Woodlands, Texas, the company operates through its MIND and Seamap product lines, serving diverse sectors including oceanography, hydrography, defense, and seismic exploration. The company's flagship products include GunLink for precise acquisition and control of seismic energy sources, BuoyLink RGPS for positioning marine seismic sources, Digishot energy source controllers, Sleeve Gun energy sources, and SeaLink marine sensors and solid streamer systems. Additionally, MIND supplies components such as streamer weight collars, depth and pressure transducers, air control valves, and source array systems, along with side scan sonar equipment. MIND provides comprehensive support services including spare parts, repair and engineering assistance, training, field service, and umbilical terminations. Its customer base includes governmental organizations and commercial entities worldwide, with distribution through internal sales and a global network of distributors. The company has operations in the United States, Europe, Canada, Latin America, Asia/South Pacific, and Eurasia. Financially, MIND reported a market capitalization of approximately $43.9 million as of the latest data, with a stock price of $4.835. The company has demonstrated a gross profit margin of 44%, but has faced challenges with negative operating cash flow and free cash flow, indicating potential liquidity concerns. However, a strong current ratio of 5.2 suggests good short-term solvency. The company has minimal debt, with a debt-to-equity ratio of 0.022, and has returned low but positive returns on assets and equity. Key leadership includes CEO Robert Capps, who was appointed in January 2022, and the company was reincorporated in Delaware in 2020. With a global footprint and a focus on innovative marine technology, MIND aims to solve challenging problems for its customers.
Founded
1987
Employees
157
CEO
Robert Capps
Full Name
MIND Technology, Inc.
Sector
Technology
Industry
Hardware, Equipment & Parts
ROE
3.45%
Market Cap
$0.04B
Current Ratio
5.20
WACC
6.16%
ROIC
3.16%

Contact Information

281 353 4475
2002 Timberloch Place, The Woodlands, TX 77380

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