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

OverviewOwnership Financials Chart

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

Date	Revenue	Change
2023-12-31	$21.61M	0.28%
2022-12-31	$21.55M	-18.15%
2021-12-31	$26.33M	12.65%
2020-12-31	$23.37M	3.13%
2019-12-31	$22.66M	24.97%
2018-12-31	$18.14M	0.40%
2017-12-31	$18.06M	0.06%
2016-12-31	$18.05M	-13.74%
2015-12-31	$20.93M	-16.35%
2014-12-31	$25.02M	35.39%
2013-12-31	$18.48M	-8.56%
2012-12-31	$20.21M	6.85%
2011-12-31	$18.91M	-4.89%
2010-12-31	$19.89M	13.16%
2009-12-31	$17.57M	-9.75%
2008-12-31	$19.47M	5.56%
2007-12-31	$18.45M	-8.04%
2006-12-31	$20.06M	28.58%
2005-12-31	$15.60M	-12.38%
2004-12-31	$17.81M	37.65%
2003-12-31	$12.94M	29.26%
2002-12-31	$10.01M	-4.40%
2001-12-31	$10.47M	-32.95%
2000-12-31	$15.61M	90.50%
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

Date	Revenue	Change
2024-03-31	$5.76M	2.78%
2023-12-31	$5.61M	6.55%
2023-09-30	$5.26M	0.23%
2023-06-30	$5.25M	-4.28%
2023-03-31	$5.49M	2.22%
2022-12-31	$5.37M	2.17%
2022-09-30	$5.25M	0.31%
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	$7.24M	18.29%
2021-03-31	$6.12M	5.21%
2020-12-31	$5.82M	-1.57%
2020-09-30	$5.91M	4.92%
2020-06-30	$5.63M	-6.21%
2020-03-31	$6.01M	-10.18%
2019-12-31	$6.69M	9.17%
2019-09-30	$6.13M	1.37%
2019-06-30	$6.04M	35.49%
2019-03-31	$4.46M	0.07%
2018-12-31	$4.46M	-2.66%
2018-09-30	$4.58M	0.55%
2018-06-30	$4.55M	0.29%
2018-03-31	$4.54M	1.11%
2017-12-31	$4.49M	-1.43%
2017-09-30	$4.56M	-0.02%
2017-06-30	$4.56M	2.31%
2017-03-31	$4.46M	-4.81%
2016-12-31	$4.68M	4.51%
2016-09-30	$4.48M	3.42%
2016-06-30	$4.33M	-5.13%
2016-03-31	$4.56M	-5.29%
2015-12-31	$4.82M	-7.52%
2015-09-30	$5.21M	0.33%
2015-06-30	$5.19M	-8.94%
2015-03-31	$5.70M	-12.50%
2014-12-31	$6.52M	0.12%
2014-09-30	$6.51M	3.46%
2014-06-30	$6.29M	10.46%
2014-03-31	$5.70M	12.01%
2013-12-31	$5.09M	12.17%
2013-09-30	$4.53M	2.65%
2013-06-30	$4.42M	-0.59%
2013-03-31	$4.44M	-10.31%
2012-12-31	$4.95M	5.20%
2012-09-30	$4.71M	-10.90%
2012-06-30	$5.29M	0.46%
2012-03-31	$5.26M	-0.27%
2011-12-31	$5.28M	14.00%
2011-09-30	$4.63M	1.65%
2011-06-30	$4.55M	-4.99%
2011-03-31	$4.79M	-4.01%
2010-12-31	$4.99M	5.85%
2010-09-30	$4.71M	-3.81%
2010-06-30	$4.90M	-7.12%
2010-03-31	$5.28M	6.22%
2009-12-31	$4.97M	22.00%
2009-09-30	$4.07M	-7.87%
2009-06-30	$4.42M	7.54%
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	$5.56M	38.11%
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/Service	Dec 24	Dec 23	Dec 21	Dec 20	Dec 19
Service	$20.72M	$21.05M	-	-	-
License	$728.00K	$558.00K	-	-	-
MessagingMember	-	-	$11.98M	-	-
BillingAndRelatedServicesMember	-	-	$14.36M	-	-
ProductLineMember	-	-	-	$11.99M	-
ProductLineCMember	-	-	-	$8.75M	-
ProductLineBMember	-	-	-	$2.64M	-
Product Line B	-	-	-	-	$2.96M
Product Line	-	-	-	-	$13.59M
Product line "C"	-	-	-	-	$6.12M

MIND C.T.I.'s latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (96.61%), and License (3.39%).

MIND C.T.I. Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 20	Dec 19
Americas	$8.51M	$7.90M	$8.54M	$10.36M	-
Europe	$11.40M	$11.63M	$11.38M	$11.73M	-
Other Countries Member	$475.00K	$1.16M	$808.00K	-	-
OtherCountriesMember	-	-	-	$392.00K	-
InIsraelMember	-	-	-	$893.00K	-
Other Countries	-	-	-	-	$523.00K
UNITED STATES	-	-	-	-	$12.03M
Rest Of Europe	-	-	-	-	$8.84M
ISRAEL	-	-	-	-	$1.27M

MIND C.T.I.'s latest annual revenue breakdown by geography, as of Dec 24: Europe (55.93%), Americas (41.74%), and Other Countries Member (2.33%).

MIND C.T.I. Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NTWK	NetSol	$61.39M	$15.54M
EZFL	EZFill	$23.22M	$6.99M
MNDO	MIND C.T.I.	$21.61M	$5.76M
RSSS	Research Solutions	$20.37M	$11.91M
AWRE	Aware	$17.39M	$3.85M

MNDO Revenue FAQ

What is MIND C.T.I.’s yearly revenue?

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.

What is MIND C.T.I.’s quarterly revenue?

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).

What is MIND C.T.I.’s revenue growth rate?

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%.

What are MIND C.T.I.’s revenue streams?

MIND C.T.I.'s revenue streams in c 24 are Service, and License. Service generated $20.72M in revenue, accounting 96.61% of the company's total revenue, down -1.60% year-over-year. License generated $728K in revenue, accounting 3.39% of the company's total revenue, up 30.47% year-over-year.

What is MIND C.T.I.’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MIND C.T.I. was Service. This segment made a revenue of $20.72M, representing 96.61% of the company's total revenue.