MIND CTI (MNDO) Q2 2025 earnings summary

Executive summary

• Revenues for Q2 2025 were $4.8 million, down from $5.3 million in Q2 2024, mainly due to declines in the billing segment.

• Operating income for Q2 2025 was $0.3 million (6% margin), compared to $1.1 million (20% margin) in Q2 2024.

• Net income for Q2 2025 was $0.5 million ($0.02 per share), down from $1.1 million ($0.06 per share) in Q2 2024.

• Cash flow from operating activities in Q2 2025 was $0.9 million, compared to $2.0 million in Q2 2024.

• CEO cited shrinking markets and strong competition as ongoing challenges, but emphasized adaptability and growth drivers.

Financial highlights

• Six-month 2025 revenues were $9.7 million, down from $11.0 million in the first half of 2024.

• Six-month operating income was $0.6 million (7% margin), compared to $2.3 million (21% margin) in 2024.

• Six-month net income was $1.0 million ($0.05 per share), down from $2.5 million ($0.12 per share) in 2024.

• Six-month cash flow from operations was $1.6 million, compared to $2.9 million in 2024.

Outlook and guidance

• Management remains focused on adaptability and maintaining growth drivers despite market contraction and competition.