
MIND TECHNOLOGY, INC
MIND
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2.18USD | +2.83% |
Business Summary
Energy | ||||
![]() | Energy - Fossil Fuels | |||
![]() | Oil & Gas Related Equipment and Services | |||
![]() | Oil Related Services and Equipment | |||
![]() | Oil Related Services and Equipment - Other |
Mind Technology Inc., formerly Mitcham Industries, Inc., provides technology and solutions for exploration, survey and defense applications in oceanographic, hydrographic, defense, seismic and security industries. It operates through two business segments: Marine Technology Products and Equipment Leasing. Marine Technology Products segment includes Seamap Pte Ltd, Seamap USA, LLC, Seamap (Malaysia) Sdn Bhd and Seamap (UK) Ltd, collectively Seamap and Klein Marine Systems, Inc. (Klein). Seamap designs, manufactures and sells a broad range of products for the oceanographic, hydrographic and marine seismic industries. Klein primarily designs, manufactures and sells advanced side scan sonar systems and waterside security systems for the oceanographic, hydrographic, defense and maritime security industries on a world-wide basis. Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry throughout the world.
Number of employees : 232 people.
Number of employees : 232 people.
Sales per Business
2019 | 2020 | |||
USD (in Million) | % | USD (in Million) | % | |
Marine Technology Products | 25.77 | 60% | 29.57 | 69.3% |
Equipment Leasing | 17.38 | 40.5% | 13.21 | 31% |
Inter-segment Sales | -0.209 | -0.5% | -0.110 | -0.3% |
Sales per region
2019 | 2020 | |||
USD (in Million) | % | USD (in Million) | % | |
Europe | 15.20 | 35.4% | 20.37 | 47.7% |
Asia/South Pacific | 13.56 | 31.6% | 6.87 | 16.1% |
United States | 6.35 | 14.8% | 6.81 | 16% |
Canada | 2.05 | 4.8% | 3.73 | 8.7% |
Latin America | 1.27 | 3% | 2.66 | 6.2% |
Other | 2.72 | 6.3% | 1.94 | 4.6% |
Eurasia | 1.80 | 4.2% | 0.290 | 0.7% |
Managers
Name | Title |
Robert Paul Capps | Co-CEO, CFO, Director & Vice President-Finance |
Guy A. Malden | Co-CEO & Executive VP-Marine Systems |
Peter Herman Blum | Non-Executive Chairman |
Dennis P. Morris | Chief Operating officer |
Craig Middleton | Manager-Global Information Technology |
Andy Meecham | Chief Technology Officer & Vice President |
Robert John Albers | Independent Director |
Marcus C. Rowland | Independent Director |
Thomas S. Glanville | Independent Director |
William H. Hilarides | Independent Director |
Shareholders |
Name | Equities | % |
Ariel Investments LLC | 2,411,101 | 18.7% |
Wasatch Advisors, Inc. | 728,966 | 5.66% |
Wellington Management Co. LLP | 692,829 | 5.38% |
Aegis Financial Corp. | 680,293 | 5.28% |
Paradigm Capital Management, Inc. | 616,000 | 4.78% |
The Vanguard Group, Inc. | 606,131 | 4.71% |
Artisan Partners LP | 549,645 | 4.27% |
Peter Herman Blum | 547,528 | 4.25% |
Renaissance Technologies LLC | 533,651 | 4.14% |
Dimensional Fund Advisors LP | 493,948 | 3.84% |
Sector Oil Related Services and Equipment - Other
1st jan. | Capi. (M$) | ||
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MIND TECHNOLOGY, INC. | -1.76% | 27 |
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