Financial Statements — MNDO
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 8.12 | 4.45 | 2.96 | 5.27 | 4.18 | 8.26 | 6.48 |
| Short-term Investments | 0.20 | 0.19 | 0.18 | 0.17 | 0.21 | 1.58 | 1.92 |
| Accounts Receivable | 1.71 | 2.50 | 2.30 | -- | -- | -- | -- |
| Inventory | -- | -- | -- | -- | -- | -- | 0.00 |
| Total Current Assets | 16.08 | 18.92 | 19.71 | 20.30 | 20.53 | 19.69 | 19.08 |
| Property, Plant & Equipment | 0.13 | 0.16 | 0.22 | 0.23 | 0.18 | 0.16 | 0.17 |
| Goodwill | 9.96 | 7.73 | 7.87 | 7.79 | 7.93 | 8.14 | 7.91 |
| Intangible Assets | 1.22 | 0.15 | 0.27 | 0.33 | 0.51 | 0.64 | 0.76 |
| Total Non-current Assets* | 14.08 | 11.78 | 11.91 | 11.45 | 12.60 | 12.73 | 12.02 |
| Total Assets | 30.17 | 30.70 | 31.63 | 31.74 | 33.13 | 32.42 | 31.10 |
| Accounts Payable | 0.55 | 0.77 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.20 | 3.28 | 4.47 | 5.17 | 5.64 | 5.65 | 6.30 |
| Total Non-current Liabilities* | 2.92 | 3.13 | 2.66 | 2.76 | 3.77 | 3.65 | 2.86 |
| Total Liabilities | 7.12 | 6.41 | 7.14 | 7.94 | 9.40 | 9.30 | 9.16 |
| Retained Earnings | (3.47) | (1.57) | (1.33) | (1.66) | (1.72) | (2.47) | (3.08) |
| Total Stockholder Equity | 23.05 | 24.30 | 24.49 | 23.81 | 23.73 | 23.12 | 21.94 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 19.46 | 21.45 | 21.61 | 21.55 | 26.33 | 23.37 | 22.66 |
| Cost of Revenue | 9.54 | 10.71 | 10.75 | 9.94 | 12.36 | 11.07 | 9.99 |
| Gross Profit | 9.92 | 10.74 | 10.87 | 11.51 | 13.88 | 12.22 | 12.54 |
| Research & Development | 4.05 | 3.39 | 3.54 | 3.50 | 4.05 | 3.96 | 4.19 |
| Selling, General & Admin | 2.32 | 1.68 | 1.42 | 1.52 | 1.60 | 1.82 | 2.09 |
| Total Operating Expenses | 7.84 | 6.36 | 6.12 | 5.98 | 7.05 | 6.76 | 7.50 |
| Operating Income | 2.09 | 4.38 | 4.75 | 5.52 | 6.83 | 5.46 | 5.04 |
| Interest Expense | -- | -- | -- | 0.06 | -- | -- | -- |
| Pretax Income | 2.77 | 4.96 | 5.53 | 5.62 | 6.88 | 5.84 | 5.52 |
| Tax Provision | 0.16 | 0.33 | 0.36 | 0.33 | 0.94 | 0.46 | 0.46 |
| Net Income | 2.60 | 4.63 | 5.17 | 5.29 | 5.95 | 5.38 | 5.07 |
| Basic EPS | 0.13 | 0.23 | 0.26 | 0.26 | 0.30 | 0.27 | 0.26 |
| Diluted EPS | 0.13 | 0.22 | 0.25 | 0.26 | 0.29 | 0.27 | 0.25 |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | 3.99 | 4.11 | 4.10 | 4.56 | 6.90 | 6.50 | 6.68 |
| Capital Expenditures | 0.03 | 0.01 | 0.06 | 0.13 | 0.08 | 0.07 | 0.05 |
| Free Cash Flow* | 3.96 | 4.10 | 4.04 | 4.43 | 6.82 | 6.43 | 6.63 |
| Investing Cash Flow | 4.27 | 2.29 | (1.54) | 1.83 | (5.69) | (0.03) | 2.05 |
| Financing Cash Flow | (4.63) | (4.87) | (4.84) | (5.23) | (5.20) | (4.78) | (5.06) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2019 |
|---|
| Dividends Per Share | 0.22 | 0.24 | 0.24 | 0.26 | 0.26 |
