Mitcham Industries Inc (MIND, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on January 31, 2020. Mitcham Industries Inc leases and sells geophysical and other equipment used primarily by seismic data acquisition contractors to perform seismic data acquisition surveys on land, in transition zones and deep water marine areas. Mitcham Industries Inc has a market cap of $11.690 million; its shares were traded at around $0.96 with and P/S ratio of 0.27. GuruFocus has detected 2 severe warning signs with Mitcham Industries Inc. .
For the last quarter Mitcham Industries Inc reported a revenue of $13.3 million, compared with the revenue of $12.33 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $42.7 million, a decrease of 0.6% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Mitcham Industries Inc had an average revenue decline of 10.1% a year.
The reported loss per diluted share was $1.1 for the year, compared with the loss per share of $3.22 in the previous year. The Mitcham Industries Inc had an operating margin of -22.53%, compared with the operating margin of -30.32% a year before. The 10-year historical median operating margin of Mitcham Industries Inc is -15.32%. The profitability rank of the company is 3 (out of 10).
At the end of the fiscal year, Mitcham Industries Inc has the cash and cash equivalents of $3.09 million, compared with $9.39 million in the previous year. The long term debt was $0.96 million. Mitcham Industries Inc has a financial strength rank of 6 (out of 10).
At the current stock price of $0.96, Mitcham Industries Inc is traded at 78.6% discount to its historical median P/S valuation band of $4.49. The P/S ratio of the stock is 0.27, while the historical median P/S ratio is 1.18. The stock lost 74.67% during the past 12 months.
For the complete 20-year historical financial data of MIND, click here.
