Mynd.ai (MYND) EBIT (2016 - 2022)
Mynd.ai (MYND) posted EBIT of -$2.7 million for Q2 2022, down 136.5% sequentially from $7.4 million in Q4 2021, and down 131.16% YoY from $8.6 million in Q2 2021.
Analysis
Mynd.ai (MYND) EBIT (2016 - 2022) Analysis & Trends
Mynd.ai has reported EBIT for 7 years, with the latest figure at -$2.7 million in Q2 2022.
- Quarterly EBIT fell 131.16% year-over-year to -$2.7 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $10.6 million (down 73.78% YoY) and the FY2025 annual result came in at -$50.1 million, down 31.7% from the prior year.
- EBIT fell to -$2.7 million in Q2 2022 per MYND's latest filing, from $7.4 million in the prior quarter.
- Over five years, EBIT peaked at $37.7 million in Q4 2020 and troughed at -$26.1 million in Q1 2020.
- A 5-year average of $1.3 million and a median of $4.0 million in 2019 frame the typical range for EBIT.
- The sharpest annual moves came in 2018 and 2020: EBIT tumbled 4448.48% in 2018, then jumped 1360.85% in 2020.
- Over 5 years, EBIT stood at -$7.5 million in 2018, then jumped by 60.15% to -$3.0 million in 2019, then surged by 1360.85% to $37.7 million in 2020, then slumped by 80.48% to $7.4 million in 2021, then plunged by 136.5% to -$2.7 million in 2022.
- According to Business Quant data, EBIT over the past three periods registered -$2.7 million, $7.4 million, and -$2.7 million for Q2 2022, Q4 2021, and Q3 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 93.94 Bn | 91.20 Bn | 812.22 Mn | 85.80 Mn |
| 2 | Laureate Education | 5.08 Bn | 4.92 Bn | 237.67 Mn | 223.42 Mn |
| 3 | Graham Holdings | 4.76 Bn | 3.51 Bn | 777.03 Mn | 83.63 Mn |
| 4 | Covista | 4.54 Bn | 4.13 Bn | 284.63 Mn | 95.44 Mn |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | 58.15 Mn |
| 6 | Stride | 3.67 Bn | 2.72 Bn | 217.28 Mn | 105.85 Mn |
| 7 | McGraw Hill | 2.56 Bn | 2.37 Bn | 439.20 Mn | 114.28 Mn |
| 8 | Perdoceo Education | 2.06 Bn | 749.44 Mn | 162.46 Mn | 54.88 Mn |
| 9 | TAL Education | 1.91 Bn | -769.28 Mn | 227.32 Mn | -44.42 Mn |
| 10 | Mynd.ai | 18.27 Mn | 11.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -2.69 Mn |
| Dec 31, 2021 | 7.36 Mn |
| Sep 30, 2021 | -2.66 Mn |
| Jun 30, 2021 | 8.62 Mn |
| Mar 31, 2021 | -2.26 Mn |
| Dec 31, 2020 | 37.71 Mn |
| Sep 30, 2020 | -3.52 Mn |
| Jun 30, 2020 | -14.95 Mn |
| Mar 31, 2020 | -26.09 Mn |
| Dec 31, 2019 | -2.99 Mn |
| Sep 30, 2019 | 4.44 Mn |
| Jun 30, 2019 | 5.32 Mn |
| Mar 31, 2019 | 4.04 Mn |
| Dec 31, 2018 | -7.51 Mn |
| Sep 30, 2018 | 5.25 Mn |
| Jun 30, 2018 | 7.51 Mn |
| Mar 31, 2018 | 5.15 Mn |
| Dec 31, 2017 | -165,000.00 |
| Sep 30, 2017 | 2.75 Mn |
| Jun 30, 2017 | 5.85 Mn |