MIND C.T.I. (MNDO) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChart

MIND C.T.I. Revenue Highlights


Latest Revenue (Y)

$21.61M

Latest Revenue (Q)

$5.76M

Main Segment (Y)

Service

Main Geography (Y)

Europe

MIND C.T.I. Revenue by Period


MIND C.T.I. Revenue by Year

DateRevenueChange
2023-12-31$21.61M0.28%
2022-12-31$21.55M-18.15%
2021-12-31$26.33M12.65%
2020-12-31$23.37M3.13%
2019-12-31$22.66M24.97%
2018-12-31$18.14M0.40%
2017-12-31$18.06M0.06%
2016-12-31$18.05M-13.74%
2015-12-31$20.93M-16.35%
2014-12-31$25.02M35.39%
2013-12-31$18.48M-8.56%
2012-12-31$20.21M6.85%
2011-12-31$18.91M-4.89%
2010-12-31$19.89M13.16%
2009-12-31$17.57M-9.75%
2008-12-31$19.47M5.56%
2007-12-31$18.45M-8.04%
2006-12-31$20.06M28.58%
2005-12-31$15.60M-12.38%
2004-12-31$17.81M37.65%
2003-12-31$12.94M29.26%
2002-12-31$10.01M-4.40%
2001-12-31$10.47M-32.95%
2000-12-31$15.61M90.50%
1999-12-31$8.20M-

MIND C.T.I. generated $21.61M in revenue during NA 2023, up 0.28% compared to the previous quarter, and up 119.17% compared to the same period a year ago.

MIND C.T.I. Revenue by Quarter

DateRevenueChange
2024-03-31$5.76M2.78%
2023-12-31$5.61M6.55%
2023-09-30$5.26M0.23%
2023-06-30$5.25M-4.28%
2023-03-31$5.49M2.22%
2022-12-31$5.37M2.17%
2022-09-30$5.25M0.31%
2022-06-30$5.24M-7.96%
2022-03-31$5.69M-4.61%
2021-12-31$5.97M-14.78%
2021-09-30$7.00M-3.33%
2021-06-30$7.24M18.29%
2021-03-31$6.12M5.21%
2020-12-31$5.82M-1.57%
2020-09-30$5.91M4.92%
2020-06-30$5.63M-6.21%
2020-03-31$6.01M-10.18%
2019-12-31$6.69M9.17%
2019-09-30$6.13M1.37%
2019-06-30$6.04M35.49%
2019-03-31$4.46M0.07%
2018-12-31$4.46M-2.66%
2018-09-30$4.58M0.55%
2018-06-30$4.55M0.29%
2018-03-31$4.54M1.11%
2017-12-31$4.49M-1.43%
2017-09-30$4.56M-0.02%
2017-06-30$4.56M2.31%
2017-03-31$4.46M-4.81%
2016-12-31$4.68M4.51%
2016-09-30$4.48M3.42%
2016-06-30$4.33M-5.13%
2016-03-31$4.56M-5.29%
2015-12-31$4.82M-7.52%
2015-09-30$5.21M0.33%
2015-06-30$5.19M-8.94%
2015-03-31$5.70M-12.50%
2014-12-31$6.52M0.12%
2014-09-30$6.51M3.46%
2014-06-30$6.29M10.46%
2014-03-31$5.70M12.01%
2013-12-31$5.09M12.17%
2013-09-30$4.53M2.65%
2013-06-30$4.42M-0.59%
2013-03-31$4.44M-10.31%
2012-12-31$4.95M5.20%
2012-09-30$4.71M-10.90%
2012-06-30$5.29M0.46%
2012-03-31$5.26M-0.27%
2011-12-31$5.28M14.00%
2011-09-30$4.63M1.65%
2011-06-30$4.55M-4.99%
2011-03-31$4.79M-4.01%
2010-12-31$4.99M5.85%
2010-09-30$4.71M-3.81%
2010-06-30$4.90M-7.12%
2010-03-31$5.28M6.22%
2009-12-31$4.97M22.00%
2009-09-30$4.07M-7.87%
2009-06-30$4.42M7.54%
2009-03-31$4.11M-11.36%
2008-12-31$4.64M-0.09%
2008-09-30$4.64M-8.64%
2008-06-30$5.08M-0.61%
2008-03-31$5.11M-8.11%
2007-12-31$5.56M38.11%
2007-09-30$4.03M-

MIND C.T.I. generated $5.76M in revenue during Q1 2024, up 2.78% compared to the previous quarter, and up 107.40% compared to the same period a year ago.

MIND C.T.I. Revenue Breakdown


MIND C.T.I. Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 20Dec 19Dec 18
License$558.00K----
Service$21.05M----
MessagingMember-$11.98M---
BillingAndRelatedServicesMember-$14.36M---
ProductLineCMember--$8.75M--
ProductLineBMember--$2.64M--
ProductLineMember--$11.99M--
Product line "C"---$6.12M-
Product Line---$13.59M$14.92M
Product Line B---$2.96M$3.21M

MIND C.T.I.'s latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (97.42%), and License (2.58%).

MIND C.T.I. Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 20Dec 19Dec 18
Europe$11.63M$11.38M$11.73M--
Americas$7.90M$8.54M$10.36M--
Other Countries Member$1.16M$808.00K---
OtherCountriesMember--$392.00K--
InIsraelMember--$893.00K--
UNITED STATES---$12.03M$13.13M
Rest Of Europe---$8.84M$3.33M
Other Countries---$523.00K$793.00K
ISRAEL---$1.27M$884.00K

MIND C.T.I.'s latest annual revenue breakdown by geography, as of Dec 23: Europe (56.22%), Americas (38.16%), and Other Countries Member (5.62%).

MIND C.T.I. Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NTWKNetSol$52.39M$15.46M
GVPGSE Systems$45.04M$11.72M
RSSSResearch Solutions$37.70M$12.12M
BSQRBSQUARE$36.49M$9.29M
EZFLEZFill$23.22M$7.40M
MNDOMIND C.T.I.$21.61M$5.76M
AWREAware$18.24M$4.32M
OTMOOtonomo$6.99M$1.63M

MNDO Revenue FAQ


MIND C.T.I.'s yearly revenue for 2023 was $21.61M, representing an increase of 0.28% compared to 2022. The company's yearly revenue for 2022 was $21.55M, representing a decrease of -18.15% compared to 2021. MNDO's yearly revenue for 2021 was $26.33M, representing an increase of 12.65% compared to 2020.

MIND C.T.I.'s quarterly revenue for Q1 2024 was $5.76M, a 2.78% increase from the previous quarter (Q4 2023), and a 5.07% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $5.61M, a 6.55% increase from the previous quarter (Q3 2023), and a 4.49% increase year-over-year (Q4 2022). MNDO's quarterly revenue for Q3 2023 was $5.26M, a 0.23% increase from the previous quarter (Q2 2023), and a 0.19% increase year-over-year (Q3 2022).

MIND C.T.I.'s revenue growth rate for the last 3 years (2021-2023) was -17.92%, and for the last 5 years (2019-2023) was -4.64%.

MIND C.T.I.'s revenue streams in c 23 are License, and Service. License generated $558K in revenue, accounting 2.58% of the company's total revenue Service generated $21.05M in revenue, accounting 97.42% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of MIND C.T.I. was Service. This segment made a revenue of $21.05M, representing 97.42% of the company's total revenue.