Added to YB: 2025-12-19
Pitch date: 2025-12-17
MIND [bullish]
MIND Technology, Inc.
+4.42%
current return
Author Info
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Company Info
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally.
Market Cap
$71.8M
Pitch Price
$7.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.30
P/E
20.73
EV/Sales
1.16
Sector
Energy Equipment and Services
Category
turnaround
MIND Technology, Inc. - $MIND
MIND: Pure-play marine tech provider post-Klein divestiture; turned profitable after decade of losses via cost optimization. ~$36M working capital ($4/share). Dominant in seismic exploration after Teledyne exit. High-margin aftermarket services growing. $9.5M+ recent orders despite backlog volatility. Secular tailwinds in offshore energy/defense. Attractive acquisition target.
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