Mynd.ai (MYND) Gross Profit (2016 - 2022)
Mynd.ai (MYND) posted Gross Profit of -$2.7 million for Q2 2022, down 126.45% sequentially from $10.2 million in Q4 2021, and down 118.49% YoY from $14.5 million in Q2 2021.
Mynd.ai (MYND) Gross Profit (2016 - 2022) Analysis & Trends
Mynd.ai has reported Gross Profit for 7 years, with the latest figure at -$2.7 million in Q2 2022.
- Quarterly Gross Profit fell 118.49% year-over-year to -$2.7 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $25.1 million (down 21.39% YoY) and the FY2025 annual result came in at $35.3 million, down 46.73% from the prior year.
- Gross Profit fell to -$2.7 million in Q2 2022 per MYND's latest filing, from $10.2 million in the prior quarter.
- Over five years, Gross Profit peaked at $15.9 million in Q2 2018 and troughed at -$11.6 million in Q1 2020.
- A 5-year average of $4.3 million and a median of $3.1 million in 2019 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2020 and 2021: Gross Profit plunged 730.69% in 2020, then soared 252.23% in 2021.
- Over 5 years, Gross Profit stood at $7.9 million in 2018, then gained by 24.78% to $9.9 million in 2019, then grew by 21.03% to $11.9 million in 2020, then dropped by 14.85% to $10.2 million in 2021, then slumped by 126.45% to -$2.7 million in 2022.
- According to Business Quant data, Gross Profit over the past three periods registered -$2.7 million, $10.2 million, and $3.1 million for Q2 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn |
| 10 | Mynd.ai | 174.69 Mn | 156.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -2.69 Mn |
| Jun 30, 2022 | -2.69 Mn |
| Dec 31, 2021 | 10.16 Mn |
| Dec 31, 2021 | 10.16 Mn |
| Sep 30, 2021 | 3.07 Mn |
| Sep 30, 2021 | 3.07 Mn |
| Jun 30, 2021 | 14.53 Mn |
| Jun 30, 2021 | 14.53 Mn |
| Mar 31, 2021 | 3.41 Mn |
| Mar 31, 2021 | 3.41 Mn |
| Dec 31, 2020 | 11.93 Mn |
| Dec 31, 2020 | 11.93 Mn |
| Sep 30, 2020 | 2.02 Mn |
| Sep 30, 2020 | 2.02 Mn |
| Jun 30, 2020 | -9.54 Mn |
| Jun 30, 2020 | -9.54 Mn |
| Mar 31, 2020 | -11.59 Mn |
| Mar 31, 2020 | -11.59 Mn |
| Dec 31, 2019 | 9.86 Mn |
| Dec 31, 2019 | 9.86 Mn |