MIND (MIND)
Designs specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications.
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Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. As MIND Technology’s sole segment, it reflects the company’s shift from land-seismic equipment leasing to marine-technology manufacturing.
Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. It is MIND Technology’s sole reportable segment after the company exited land-seismic leasing and sold the Klein unit.
Operations span the United States, Singapore, Malaysia and the United Kingdom, with headquarters in The Woodlands, Texas. This footprint serves customers across multiple marine markets.
The business shifted from the earlier Mitcham Industries equipment-leasing model toward marine-technology manufacturing. Current operations depend on Seamap’s specialised equipment serving the cited marine industries and their specific technical needs worldwide.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Apr 30, 2026Cash & short-term investments $17.7M · Total debt $910.0K · Total assets $50.8M · Shareholders' equity $41.5M
- Revenue
- $9.7M
- Operating income
- $14.0K
- Net income
- −$411.0K
No dividends on record.
| Institutions56 holders · as of Jun 30, 2026 | 14.34% | 1.30M shares | |
| Otherremainder | 85.66% | 7.79M shares |
9.09M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Vanguard Capital Management LLCInstitution | 4.11% | 373,107 | 13Fas of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 1.11% | 100,923 | 13Fas of Jun 30, 2026 |
BlackRock, Inc.Institution | 0.87% | 79,281 | 13Fas of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 0.67% | 61,307 | 13Fas of Jun 30, 2026 |
Stratos Wealth Partners, Ltd.Institution | 0.65% | 59,203 | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
No open-market trades in the last 12 months.
- Geospace Technologies
Marine seismic nodes and streamer accessories for seismic acquisition
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MIND | $4.46 | +3.72% | $40.3M | 26.4 | — | 0.9 | +22.4% |
| Geospace Technologies | $5.14 | −0.96% | $66.4M | — | — | 0.7 | −36.4% |
| Median | — | — | 0.7 | −36.4% |