Mynd.ai (MYND) Net Income (2016 - 2022)
Mynd.ai (MYND) posted Net Income of -$5.9 million for Q2 2022, down 196.3% sequentially from $6.2 million in Q4 2021, and down 179.58% YoY from $7.5 million in Q2 2021.
Mynd.ai (MYND) Net Income (2016 - 2022) Analysis & Trends
Mynd.ai has reported Net Income for 7 years, with the latest figure at -$5.9 million in Q2 2022.
- Quarterly Net Income fell 179.58% year-over-year to -$5.9 million in Q2 2022, while the trailing twelve-month figure through Dec 2023 was -$5.9 million (down 213.76% YoY) and the FY2024 annual result came in at -$95.8 million, down 143.06% from the prior year.
- Net Income declined to -$5.9 million in Q2 2022 per MYND's latest filing, from $6.2 million in the prior quarter.
- Over five years, Net Income peaked at $7.5 million in Q2 2021 and troughed at -$25.9 million in Q1 2020.
- A 5-year average of -$675647.1 and a median of $3.0 million in 2019 frame the typical range for Net Income.
- The sharpest annual moves came in 2019 and 2020: Net Income jumped 2765.93% in 2019, then plunged 960.87% in 2020.
- Over 5 years, Net Income stood at $135000.0 in 2018, then surged by 2765.93% to $3.9 million in 2019, then sank by 34.66% to $2.5 million in 2020, then soared by 143.59% to $6.2 million in 2021, then plunged by 196.3% to -$5.9 million in 2022.
- According to Business Quant data, Net Income over the past three periods registered -$5.9 million, $6.2 million, and -$2.1 million for Q2 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 82.68 Bn | 81.02 Bn | 812.22 Mn | 111.18 Mn |
| 2 | Laureate Education | 5.15 Bn | 4.99 Bn | 237.67 Mn | - |
| 3 | Graham Holdings | 5.00 Bn | 3.79 Bn | 777.03 Mn | 282.38 Mn |
| 4 | Covista | 4.48 Bn | 4.48 Bn | 284.63 Mn | -426,000.00 |
| 5 | Youdao | 4.15 Bn | 4.08 Bn | 87.31 Mn | 17.39 Bn |
| 6 | Grand Canyon Education | 3.81 Bn | 3.54 Bn | 204.08 Mn | 45.85 Mn |
| 7 | Stride | 3.47 Bn | 2.51 Bn | 217.28 Mn | 81.49 Mn |
| 8 | McGraw Hill | 2.59 Bn | 2.34 Bn | 388.89 Mn | -50.27 Mn |
| 9 | TAL Education | 2.14 Bn | -1,233.59 Bn | 227.32 Mn | 70,674.00 |
| 10 | Mynd.ai | 18.95 Mn | 468,888.23 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -5.93 Mn |
| Dec 31, 2021 | 6.16 Mn |
| Sep 30, 2021 | -2.12 Mn |
| Jun 30, 2021 | 7.45 Mn |
| Mar 31, 2021 | -1.71 Mn |
| Dec 31, 2020 | 2.53 Mn |
| Sep 30, 2020 | -6.21 Mn |
| Jun 30, 2020 | -13.59 Mn |
| Mar 31, 2020 | -25.90 Mn |
| Dec 31, 2019 | 3.87 Mn |
| Sep 30, 2019 | 5.03 Mn |
| Jun 30, 2019 | 3.56 Mn |
| Mar 31, 2019 | 3.01 Mn |
| Dec 31, 2018 | 135,000.00 |
| Sep 30, 2018 | 3.85 Mn |
| Jun 30, 2018 | 5.34 Mn |
| Mar 31, 2018 | 3.04 Mn |
| Dec 31, 2017 | 227,000.00 |
| Sep 30, 2017 | 1.51 Mn |
| Jun 30, 2017 | 4.27 Mn |