U.S. markets closed

MIND C.T.I. Ltd (MNDO)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
Add to watchlist
3.0300+0.0700 (+2.36%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Double Moving Average Crossover

Double Moving Average Crossover

Previous Close2.9600
Open3.0000
Bid2.9500 x 800
Ask3.1000 x 900
Day's Range2.9800 - 3.0400
52 Week Range1.6600 - 3.3300
Volume84,162
Avg. Volume90,666
Market Cap60.557M
Beta (5Y Monthly)0.87
PE Ratio (TTM)11.22
EPS (TTM)0.2700
Earnings DateMay 12, 2021 - May 17, 2021
Forward Dividend & Yield0.26 (8.58%)
Ex-Dividend DateMar 17, 2021
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-11% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • The Returns On Capital At MIND C.T.I (NASDAQ:MNDO) Don't Inspire Confidence
    Simply Wall St.

    The Returns On Capital At MIND C.T.I (NASDAQ:MNDO) Don't Inspire Confidence

    When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...

  • Here's Why We're Wary Of Buying MIND C.T.I's (NASDAQ:MNDO) For Its Upcoming Dividend
    Simply Wall St.

    Here's Why We're Wary Of Buying MIND C.T.I's (NASDAQ:MNDO) For Its Upcoming Dividend

    MIND C.T.I. Ltd ( NASDAQ:MNDO ) stock is about to trade ex-dividend in two days. Investors can purchase shares before...

  • MIND CTI Reports Fourth Quarter and Full Year 2020 Results
    GlobeNewswire

    MIND CTI Reports Fourth Quarter and Full Year 2020 Results

    *Board Declares Cash Dividend * MIND CTI to Host Annual Meeting of Shareholders YOQNEAM, Israel, March 04, 2021 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its fourth quarter and full year ended December 31, 2020. The following will summarize our business in the fourth quarter of 2020 and provide a more detailed review of the financial results for the quarter and for the full year. Full financial results can be found in the Company News section of our website at http://www.mindcti.com/company/news/ and in our Form 6-K. Financial Highlights of Q4 2020 Revenues of $5.8 million, compared to $6.7 million in the fourth quarter of 2019.Operating income of $1.3 million, or 23% of total revenue, compared to $1.2 million, or 18% of revenue in the fourth quarter of 2019.Net income of $1.4 million or $0.07 per share, compared to $1.3 million or $0.07 per share in the fourth quarter of 2019.Cash flow from operating activities of $2.3 million, compared to $1.2 million in the fourth quarter of 2019. Financial Highlights of Full Year 2020 Revenues of $23.4 million, compared to $22.7 million in 2019, with the increase attributed to the acquisition of Message Mobile in March 2019 and GTX in September 2019, which generated revenues of approximately $8.7 million during 2020 and revenues of approximately $6.1 million during the period we consolidated their results in 2019.Operating income of $5.5 million, or 23% of total revenue, compared to $5.0 million, or 22.0% of total revenue in 2019.Net income of $5.4 million, or $0.27 per share, compared to $5.1 million, or $0.26 per share in 2019.Cash flow from operating activities of $6.5 million, compared to $6.7 million in 2019.Cash position of approximately $17 million as of December 31, 2020. Monica Iancu, MIND CTI’s President and Chief Executive Officer, commented: “Our lower revenues reflect the expected and previously announced negative impact of the shrinking relevant telecom markets and strong competition. We experience the effect of the COVID-19 pandemic in all areas of our business. We believe that due to the general economic uncertainty, the majority of our customers, both enterprises and carriers, are restricting their budgets and are delaying new projects. Regarding the two acquisitions we completed in 2019, we successfully integrated these two subsidiaries, and they have both performed well. While for the near term we expect a negative impact of the abovementioned circumstances on our results, we believe that we have the required resources to respond to market needs, to be relevant for future market trends in our core billing, analytics and messaging platforms, as well as continue with our dividend policy and at the same time focus on targeting potential acquisitions that could be a source of growth.” Revenue Distribution for Q4 2020 Revenues in the Americas represented 44%, revenues in Europe represented 51% (including the Message Mobile and GTX revenues in Germany that represented 38%) and revenues in the rest of the world represented 5% of our total revenues. Revenues from our customer care and billing software were $2.9 million, or 50% of total revenues, revenues from enterprise messaging and payment solutions were $2.2 million, or 38% of total revenues, and revenues from our enterprise call accounting software were $0.7 million, or 12% of total revenues. Revenues from licenses were $0.3 million, or 5% of total revenues, while revenues from maintenance and additional services were $5.5 million, or 95% of total revenues. Revenue Distribution for Full Year 2020 Revenues in the Americas represented 44%, revenues in Europe represented 50% (including the Message Mobile and GTX revenues in Germany that represented 37%) and revenues in the rest of the world represented 6% of our total revenues. Revenues from our customer care and billing software were $12 million, or 51% of total revenues, revenues from enterprise messaging and payment solutions were $8.7 million, or 37% of total revenues, and revenues from enterprise call accounting software were $2.7 million, or 12% of our total revenues. Revenues from licenses were $1.4 million, or 6% of total revenues, compared to $2.3 million, or 10% of total revenues in 2019, while revenues from maintenance and additional services were $22 million, or 94%, compared to $20.4 million or 90% of total revenues in 2019. Dividend Distribution Since July 2003, when we first adopted a dividend policy, we performed 18 distributions, including one special dividend. We continue to believe that our annual dividends enhance shareholder value. Taking into consideration our dividend policy and the remaining cash after the distribution, our Board of Directors declared on March 4, 2021, a gross dividend of $0.26 per share. The record date for the dividend will be March 18, 2021 and the payment date will be April 8, 2021. Tax will be withheld at a rate of 20%. Active Pursuit of Acquisitions As previously announced, we continue targeting potential acquisitions that could be a source of growth, by focusing on acquisition targets at reasonable valuations that satisfy the criteria we defined: proven revenues, complementary technology or geography and expected accretion to earnings within two to three quarters. AGM MIND also announced today that its 2021 Annual General Meeting of Shareholders will be held on Tuesday, May 11, 2021 at 10:00 A.M. (Israel time), at the offices of the Company, 2 HaCarmel St., Yoqneam Ilit 2066724, Israel. Shareholders of record at the close of business on April 8, 2021 are entitled to vote at the Meeting. All shareholders are cordially invited to attend the Meeting in person. Proxy statements and proxy cards for use by shareholders that cannot attend the meeting in person will be sent to shareholders that hold shares registered with the American Stock Transfer & Trust Company, including shares held via DTC members. The right under Israeli law of 1% shareholders to request the addition of appropriate matters to the agenda shall expire 14 days after the date of this notice. The agenda of the meeting is as follows: to re-appoint Brightman Almagor Zohar (a firm in the Deloitte Global Network) as the Company’s independent auditor until the close of the following Annual General Meeting and to authorize the Board of Directors of the Company to determine its remuneration or to delegate the Audit Committee thereof to do so;to re-elect Mr. Meir Nissensohn as a Class III director of the Company until the 2024 Annual General Meeting and his compensation for his services as director;to elect Mr. Amnon Neubach as a Class III director of the Company until the 2024 Annual General Meeting and his compensation for his services as director; andto discuss the Company’s audited financial statements for the year ended December 31, 2020. About MIND MIND CTI Ltd. is a leading provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions. MIND provides a complete range of billing applications for any business model (license, SaaS, managed service or complete outsourced billing service) for Wireless, Wireline, Cable, IP Services and Quad-play carriers. A global company, with over twenty years of experience in providing solutions to carriers and enterprises, MIND operates from offices in the United States, Romania, Germany and Israel. Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's annual report and other filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information. For more information please contact: Andrea Dray MIND C.T.I. Ltd. Tel: +972-4-993-6666 investor@mindcti.com