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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MIND Technology's retained earnings for the quarter that ended in Apr. 2026 was €-92.43 Mil.
MIND Technology's quarterly retained earnings
increased
from Oct. 2025 (€-92.28 Mil) to Jan. 2026 (€-91.65 Mil) but then
declined
from Jan. 2026 (€-91.65 Mil) to Apr. 2026 (€-92.43 Mil).
MIND Technology's annual retained earnings
increased
from Jan. 2024 (€-117.79 Mil) to Jan. 2025 (€-104.76 Mil) and
increased
from Jan. 2025 (€-104.76 Mil) to Jan. 2026 (€-91.65 Mil).
MIND Technology (FRA:MI70) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
MIND Technology Retained Earnings Historical Data
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The historical data trend for MIND Technology's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of €-92.43 Mil mean?
MIND Technology (FRA:MI70) has a Retained Earnings of €-92.43 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on MIND Technology and its competitors.
Is MIND Technology's Retained Earnings too high?
MIND Technology's current Retained Earnings is €-92.43 Mil. Overall, MIND Technology has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Retained Earnings compare to ACFN and LGL?
MIND Technology's Retained Earnings of €-92.43 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Hardware company?
A good Retained Earnings depends on the Hardware industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on MIND Technology and its competitors. MIND Technology's current Retained Earnings is €-92.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (FRA:MI70) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.15, compared to a current price of €4.16 — trading 261.7% above its estimated fair value. The current Retained Earnings is €-92.43 Mil. MIND Technology's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Retained Earnings is €-92.43 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MIND Technology (FRA:MI70) Overvalued in 2026?
Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued.
The current stock price of €4.16 is trading 261.7% above its estimated GF Value™ of €1.15.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for FRA:MI70:
Retained Earnings: €-92.43 Mil
GF Value™: €1.15 vs. price of €4.16 (261.7% above fair value)
No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
45GF Score
Get the complete analysis for FRA:MI70
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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