Pricing Log in Create free account
Sunday 8 November 2026 Export MNDO’s income statement to Excel — free account

MIND C.T.I. Ltd.

MNDO Technology Software Application

MIND C.T.I. Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $19.5 million, down 9.27% from fiscal 2024.

Revenue
−2.97%
EPS
+100.0%
Free cash flow
−86.6%

Quarter to June 2026, against a year earlier

0.86 0.01 −1.15%
Market cap
$17.7M
P/E
5.4×
Fwd P/E
10.7×
Dividend yield
0.00%
F-score
5/9
Altman Z
3.17
Beneish M
−3.11
Dividend safety
27/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 21.18%

Capital & Financial Ratios $m

Size
Market Cap 17.73
Revenue ttm 19.41
Net income ttm 3.27
Free cash flow ttm 3.09
Net debt Q (13.46)
Valuation
P/E 5.38
Forward P/E 10.70
Price / sales 0.89
Forward P/S Powerpack
Price / FCF 5.60
Price / book 0.72
Financial health
Current ratio Q 4.66 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 8.56
Growth
Revenue growth Q −2.97% (below 0%: shrinking)
Operating income growth Q +159.40% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +12.52% (at or above 10%: strong)
EPS, past 5 yrs −13.60% (below 0%: weak)
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.2×, against a ten-year median of 1.3×; over the ten years it ranged from 0.2× in 2026 to 2.0× in 2018.
P/E against its own 10 years 0.04%
10-year low 10-year high
P/S against its own 10 years 0.04%
10-year low 10-year high
P/B against its own 10 years 0.04%
10-year low 10-year high
EV/Sales against its own 10 years 0.04%
10-year low 10-year high
EV/FCF against its own 10 years 0.37%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
0.00%
Growth, 2017–25
−4.58%/yr
  1. 0.32 ’17
  2. 0.30 ’18 −6
  3. 0.26 ’19 −13
  4. 0.24 ’20 −8
  5. 0.26 ’21 +8
  6. 0.26 ’22 +0
  7. 0.24 ’23 −8
  8. 0.24 ’24 +0
  9. 0.22 ’25 −8
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 17 16 14 13
Receivables 2 2 2 2
Inventory — — — —
Other 1 0 0 1
20 19 16 17
2023 2024 2025 Q'26
Payables 1 1 1 0
ST’ Debt — — — —
Other 2 1 1 1
4 3 4 4

Compound Annual Growth %

10y 5y 3y
Sales (0.73%) (3.60%) (3.35%)
Cash Flow (4.47%) (9.31%) (4.37%)
Earnings (6.35%) (13.52%) (21.03%)
Book Value 0.54% (0.06%) (1.07%)

EPS $

Mar Jun Sep Dec Year
’26 0.04 0.04 — — —
’25 0.02 0.02 0.03 0.05 0.13
’24 0.07 0.05 0.04 0.06 0.22
’23 0.07 0.06 0.06 0.06 0.25
’22 0.07 0.06 0.06 0.06 0.26
’21 0.07 0.07 0.07 0.08 0.30
’20 0.06 0.07 0.07 0.07 0.27
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 5 5 — — —
’25 5 5 5 5 19
’24 6 5 5 5 21
’23 5 5 5 6 22
’22 6 5 5 5 22
’21 6 7 7 6 26
’20 6 6 6 6 23
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1 0 — — —
’25 1 1 1 1 4
’24 1 2 1 0 4
’23 1 2 1 1 4
’22 0 2 1 1 5
’21 1 3 1 2 7
’20 1 1 2 2 6
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 0 — — —
’25 1 1 1 1 4
’24 1 2 1 0 4
’23 1 2 1 1 4
’22 0 2 1 1 4
’21 1 3 1 2 7
’20 1 1 2 2 6
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 18 18 18 23 23 26 22 22 21 19 19 +0.8% — — — —
Gross margin, % 62.16 61.06 66.11 55.32 52.28 52.72 53.39 50.28 50.07 50.99 54.40 (11.2) pt
EBT 5 6 6 6 6 7 6 6 5 3 4 (7.1%)
EBT margin, % 29.76 34.38 30.73 24.37 24.99 26.14 26.06 25.57 23.15 14.22 18.28 (15.5) pt
Net income 4 6 5 5 5 6 5 5 5 3 3 (5.2%)
Per share, $
Per share, $ Revenue 0.94 0.94 0.94 1.15 1.17 1.32 1.07 1.07 1.06 0.95 0.96 +0.1%
Earnings 0.22 0.29 0.27 0.26 0.27 0.30 0.26 0.26 0.23 0.13 0.16 (5.7%)
Cash flow 0.27 0.14 0.23 0.34 0.33 0.34 0.23 0.20 0.20 0.19 0.15 (3.7%)
Capex 0.00 0.00 0.00 0.00 0.00 0.00 (0.01) 0.00 0.00 0.00 0.00 (10.4%)
Free cash flow 0.27 0.14 0.23 0.34 0.32 0.34 0.22 0.20 0.20 0.19 0.15 (3.6%)
Book value 1.11 1.09 1.08 1.11 1.16 1.19 1.18 1.21 1.20 1.13 1.19 +0.2%
Shares, m 19 19 19 20 20 20 20 20 20 20 20 +0.7%
Valuation, ×
Valuation, × P/E 11.27 9.48 8.77 9.27 9.59 10.37 8.44 7.88 8.25 9.58 5.38 9.3
P/S 2.64 2.94 2.43 2.10 2.21 2.36 1.97 1.84 1.87 1.21 0.89 2.2
P/B 2.24 2.52 2.10 2.17 2.23 2.62 1.78 1.62 1.65 1.02 0.72 2.0
EV/Sales 1.59 2.00 1.56 1.43 1.48 1.66 1.16 1.07 1.14 0.51 0.20 1.4
EV/FCF 5.55 13.48 6.40 4.89 5.37 6.42 5.63 5.73 5.97 2.52 1.25 6.2
Cash, $m
Cash, $m Operating cash flow 5 3 4 7 6 7 5 4 4 4 3 (3.0%)
Capex 0 0 0 0 0 0 0 0 0 0 0 (9.8%)
Free cash flow 5 3 4 7 6 7 4 4 4 4 3 (2.9%)
Balance, $m
Balance, $m Working capital 15 15 15 13 14 15 15 15 16 12 13 (2.7%)
Net debt (19) (17) (16) (15) (17) (18) (17) (17) (16) (14) (13) (3.7%)
Shareholders’ equity 21 21 21 22 23 24 24 24 24 23 24 +0.9%
Returns, %
Returns, % ROA 14.19 19.91 19.24 17.75 16.95 18.15 16.30 16.31 14.86 8.56 11.07 (5.6) pt
ROIC 141.28 72.71 64.59 46.69 55.95 81.05 54.56 37.65 32.02 13.73 18.03 (127.6) pt
ROE 19.49 26.53 24.45 23.60 23.90 25.39 22.25 21.40 18.98 11.00 14.38 (8.5) pt
People
People Employees 262 240 221 240 188 103 153 144 136 139 — (6.8%)
Revenue/emp, $m 0.07 0.08 0.08 0.09 0.12 0.26 0.14 0.15 0.16 0.14 — +8.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

MIND C.T.I. Ltd. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AWRE Aware, Inc. $21.0M — (loss-making) — (loss-making) −13.88% (below 0%: shrinking) n/m +39.18% (above 0%: growing) 90.06% (21.28%) Compare
NXPL NextPlat Corp. $20.6M — (loss-making) — (loss-making) −10.26% (below 0%: shrinking) n/m +217.81% (above 0%: growing) 39.51% (1.07%) Compare
SAGT SAGTEC GLOBAL LIMITED $20.0M — — — — +393.44% (above 0%: growing) — — Compare
INLX Intellinetics, Inc. $18.1M — (loss-making) — (loss-making) −1.60% (below 0%: shrinking) n/m +1.38% (above 0%: growing) 66.36% (27.62%) Compare
MNDO MIND C.T.I. Ltd. $17.7M 5.4× 10.7× −2.97% (below 0%: shrinking) +100.00% (above 0%: growing) −86.57% (below 0%: shrinking) 55.39% 14.96%
BMR Beamr Imaging Ltd. $16.2M — — — — −284.51% (below 0%: shrinking) 94.76% 0.00% Compare
AIFF Firefly Neuroscience, Inc. $14.3M — (loss-making) — +71.91% (above 0%: growing) n/m +25.40% (above 0%: growing) 49.22% (384.05%) Compare
IPM Intelligent Protection Management Corp. $14.3M — (loss-making) — (loss-making) +12.93% (above 0%: growing) n/m +42.70% (above 0%: growing) 41.33% (23.40%) Compare
PDC Earlyworks Co., Ltd. Unsponsored ADR $14.2M — — — — −17.83% (below 0%: shrinking) 28.48% 0.00% Compare
Median of peers $17.1M — — −1.60% — +32.29% 49.22% (21.28%)

All 230 Software Application stocks →

MIND C.T.I. Ltd. (MNDO) Latest News

6 Aug

Impact 4 · · GlobeNewswire
Impact 3 ·

11 May

Impact 3 · · GlobeNewswire

19 Mar

Impact 4 · · GlobeNewswire

10 Mar

Impact 3 · · GlobeNewswire

1 Feb

Impact 3 · · Simply Wall St.

5 Jan

Impact 3 · · Simply Wall St.

25 Nov

Impact 3 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.

12 Nov

Impact 4 ·

25 Aug

Impact 3 · · Simply Wall St.

11 Aug

Impact 4 ·

29 Jul

Impact 3 · · Simply Wall St.

18 Jun

Impact 3 · · Simply Wall St.

8 May

Impact 3 · · Simply Wall St.
Impact 3 · · GlobeNewswire

6 May

Impact 4 ·

6 Mar

Impact 3 · · Simply Wall St.
Impact 3 · · GlobeNewswire

4 Mar

Impact 3 · · GlobeNewswire

27 Jan

Impact 3 · · Simply Wall St.

10 Jan

Impact 4 ·

17 Dec

Impact 3 · · Simply Wall St.

5 Nov

Impact 3 ·

31 Jul

Impact 3 · · Simply Wall St.

20 Jun

Impact 3 · · Simply Wall St.

30 Apr

Impact 4 · · Simply Wall St.

18 Feb

Impact 3 · · Simply Wall St.

2 Jan

Impact 3 · · Simply Wall St.

11 Sep

Impact 3 · · Simply Wall St.

8 Aug

Impact 3 · · GlobeNewswire
stockrow.com/MNDO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com