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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn 85.80 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn -1.42 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn 223.42 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn 83.63 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn 95.44 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn 58.15 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn 105.85 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn -6.36 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn -44.42 Mn
10 Mynd.ai 174.69 Mn 156.21 Mn - -

Historic Data

Download Data
DateValue
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