Mind CTI LTD income statement

In fiscal 2025, Mind CTI LTD reported revenue of $19.5m, down 9.3% on the year before, operating income of $2.1m (a 10.7% margin) and net income of $2.6m, or $0.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mind CTI LTD: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	18	20	19	20	18	25	21	18	18	18	23	23	26	22	22	21	19
Cost of revenue	6	6	6	8	8	10	9	7	7	6	10	11	12	10	11	11	10
Gross profit	11	14	12	12	11	15	12	11	11	12	13	12	14	12	11	11	10
Research and development	4	4	5	5	5	5	3	4	3	4	4	4	4	3	4	3	4
Selling and marketing	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1
General and administrative	2	2	2	2	2	2	2	1	2	2	2	2	2	2	1	2	2
Operating income	2	5	4	4	2	7	6	5	5	5	5	5	7	6	5	4	2
Interest expense	—	—	—	—	—	—	—	—	—	—	—	—	—	0	—	—	—
Income before tax	20	5	4	5	2	7	6	5	6	6	6	6	7	6	6	5	3
Income tax	0	0	−0	0	0	2	1	1	1	0	0	0	1	0	0	0	0
Net income	20	5	4	4	2	5	5	4	6	5	5	5	6	5	5	5	3
Diluted EPS	$1.04	$0.26	$0.23	$0.23	$0.12	$0.29	$0.26	$0.22	$0.29	$0.27	$0.25	$0.27	$0.29	$0.26	$0.25	$0.22	$0.13
Diluted shares (average)	19m	19m	19m	19m	19m	19m	19m	19m	20m	20m	20m	20m	20m	20m	20m	21m	21m
EBITDA	3	6	4	5	2	8	7	5	5	5	5	6	7	6	5	5	2

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Mind CTI LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Mind CTI LTD.