MNDO
Income statement / Annual
Last year (2023), MIND C.T.I. Ltd's total revenue was $21.61 M,
an increase of 0.28% from the previous year.
In 2023, MIND C.T.I. Ltd's net income was $5.17 M.
See MIND C.T.I. Ltd’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$21.61 M
|
$21.55 M
|
$26.33 M
|
$23.37 M
|
$22.66 M
|
$18.14 M
|
$18.06 M
|
$18.05 M
|
$20.93 M
|
$25.02 M
|
| Cost of Revenue |
$10.75 M |
$10.04 M |
$12.45 M |
$11.15 M |
$10.13 M |
$6.15 M |
$7.03 M |
$6.83 M |
$8.63 M |
$9.95 M |
| Gross Profit |
$10.87 M |
$11.51 M |
$13.88 M |
$12.22 M |
$12.54 M |
$11.99 M |
$11.03 M |
$11.22 M |
$12.30 M |
$15.07 M |
| Gross Profit Ratio |
0.5 |
0.53 |
0.53 |
0.52 |
0.55 |
0.66 |
0.61 |
0.62 |
0.59 |
0.6 |
| Research and Development
Expenses |
$3.54 M
|
$3.50 M
|
$4.05 M
|
$3.96 M
|
$4.19 M
|
$3.75 M
|
$3.42 M
|
$3.52 M
|
$2.94 M
|
$4.54 M
|
| General & Administrative
Expenses |
$1.42 M
|
$1.52 M
|
$1.60 M
|
$1.82 M
|
$2.09 M
|
$1.62 M
|
$1.68 M
|
$1.39 M
|
$1.77 M
|
$1.93 M
|
| Selling & Marketing
Expenses |
$1.16 M
|
$965,000.00
|
$1.40 M
|
$973,000.00
|
$1.23 M
|
$1.27 M
|
$1.25 M
|
$1.11 M
|
$1.17 M
|
$1.14 M
|
| Selling, General &
Administrative Expenses |
$2.58 M
|
$2.49 M
|
$3.01 M
|
$2.80 M
|
$3.31 M
|
$2.89 M
|
$2.93 M
|
$2.50 M
|
$2.94 M
|
$3.07 M
|
| Other Expenses |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$15,000.00 |
$21,000.00 |
-$227,000.00 |
$268,000.00 |
$20,000.00 |
| Operating Expenses |
$6.12 M |
$5.98 M |
$7.05 M |
$6.76 M |
$7.50 M |
$6.64 M |
$6.34 M |
$6.02 M |
$5.88 M |
$7.61 M |
| Cost And Expenses |
$16.86 M |
$16.03 M |
$19.50 M |
$17.91 M |
$17.62 M |
$12.79 M |
$13.38 M |
$12.85 M |
$14.51 M |
$17.56 M |
| Interest Income |
$737,000.00 |
$93,000.00 |
$55,000.00 |
$379,000.00 |
$219,000.00 |
$235,000.00 |
$630,000.00 |
$107,000.00 |
$113,000.00 |
$184,000.00 |
| Interest Expense |
$17,000.00 |
$60,000.00 |
$49,000.00 |
$23,000.00 |
$14,000.00 |
$11,000.00 |
$14,000.00 |
$84,000.00 |
$114,000.00 |
$306,000.00 |
| Depreciation &
Amortization |
$196,000.00
|
$193,000.00
|
$194,000.00
|
$200,000.00
|
$151,000.00
|
$84,000.00
|
$104,000.00
|
$161,000.00
|
$173,000.00
|
$233,000.00
|
| EBITDA |
$4.95 M
|
$5.72 M
|
$7.02 M
|
$5.66 M
|
$5.19 M
|
$5.43 M
|
$4.79 M
|
$5.37 M
|
$6.59 M
|
$7.69 M
|
| EBITDA Ratio |
0.23 |
0.27 |
0.27 |
0.24 |
0.23 |
0.3 |
0.22 |
0.3 |
0.31 |
0.31 |
| Operating Income Ratio
|
0.22
|
0.26
|
0.26
|
0.23
|
0.22
|
0.3
|
0.26
|
0.29
|
0.31
|
0.3
|
| Total Other
Income/Expenses Net |
$777,000.00
|
$93,000.00
|
$55,000.00
|
$379,000.00
|
$483,000.00
|
$222,000.00
|
$1.52 M
|
$166,000.00
|
-$114,000.00
|
-$306,000.00
|
| Income Before Tax |
$5.53 M |
$5.62 M |
$6.88 M |
$5.84 M |
$5.52 M |
$5.57 M |
$6.21 M |
$5.37 M |
$6.30 M |
$7.15 M |
| Income Before Tax Ratio
|
0.26
|
0.26
|
0.26
|
0.25
|
0.24
|
0.31
|
0.34
|
0.3
|
0.3
|
0.29
|
| Income Tax Expense |
$359,000.00 |
$330,000.00 |
$936,000.00 |
$459,000.00 |
$458,000.00 |
$438,000.00 |
$597,000.00 |
$1.17 M |
$1.28 M |
$1.67 M |
| Net Income |
$5.17 M |
$5.29 M |
$5.95 M |
$5.38 M |
$5.07 M |
$5.13 M |
$5.61 M |
$4.20 M |
$5.02 M |
$5.48 M |
| Net Income Ratio |
0.24 |
0.25 |
0.23 |
0.23 |
0.22 |
0.28 |
0.31 |
0.23 |
0.24 |
0.22 |
| EPS |
0.26 |
0.26 |
0.3 |
0.27 |
0.26 |
0.27 |
0.29 |
0.22 |
0.26 |
0.29 |
| EPS Diluted |
0.25 |
0.26 |
0.29 |
0.27 |
0.25 |
0.26 |
0.29 |
0.22 |
0.26 |
0.29 |
| Weighted Average Shares
Out |
$20.16 M
|
$20.10 M
|
$20.01 M
|
$19.91 M
|
$19.75 M
|
$19.34 M
|
$19.29 M
|
$19.23 M
|
$19.18 M
|
$18.95 M
|
| Weighted Average Shares
Out Diluted |
$20.47 M
|
$20.40 M
|
$20.27 M
|
$20.14 M
|
$19.96 M
|
$19.56 M
|
$19.56 M
|
$19.31 M
|
$19.28 M
|
$19.03 M
|
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