Mynd.ai (MYND) Operating Expenses (2016 - 2021)
Mynd.ai (MYND) posted Operating Expenses of $10.0 million for Q4 2021, up 74.97% sequentially from $5.7 million in Q3 2021, and down 6.81% YoY from $10.8 million in Q4 2020.
Mynd.ai (MYND) Operating Expenses (2016 - 2021) Analysis & Trends
Mynd.ai has reported Operating Expenses for 6 years, with the latest figure at $10.0 million in Q4 2021.
- Quarterly Operating Expenses fell 6.81% year-over-year to $10.0 million in Q4 2021, while the trailing twelve-month figure through Jun 2023 was $10.0 million (down 53.71% YoY) and the FY2025 annual result came in at $85.4 million, down 18.12% from the prior year.
- Operating Expenses rose to $10.0 million in Q4 2021 per MYND's latest filing, from $5.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $14.5 million in Q1 2020 and troughed at $2.8 million in Q1 2017.
- A 5-year average of $6.9 million and a median of $6.4 million in 2017 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2017 and 2021: Operating Expenses surged 205.37% in 2017, then plunged 60.89% in 2021.
- Over 5 years, Operating Expenses stood at $7.6 million in 2017, then rose by 5.13% to $8.0 million in 2018, then decreased by 18.65% to $6.5 million in 2019, then surged by 64.66% to $10.8 million in 2020, then fell by 6.81% to $10.0 million in 2021.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.0 million, $5.7 million, and $5.9 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Mynd.ai | 174.69 Mn | 156.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 10.03 Mn |
| Sep 30, 2021 | 5.73 Mn |
| Jun 30, 2021 | 5.91 Mn |
| Mar 31, 2021 | 5.67 Mn |
| Dec 31, 2020 | 10.76 Mn |
| Sep 30, 2020 | 5.54 Mn |
| Jun 30, 2020 | 5.40 Mn |
| Mar 31, 2020 | 14.50 Mn |
| Dec 31, 2019 | 6.54 Mn |
| Sep 30, 2019 | 7.56 Mn |
| Jun 30, 2019 | 6.61 Mn |
| Mar 31, 2019 | 5.87 Mn |
| Dec 31, 2018 | 8.03 Mn |
| Sep 30, 2018 | 6.47 Mn |
| Jun 30, 2018 | 8.39 Mn |
| Mar 31, 2018 | 5.77 Mn |
| Dec 31, 2017 | 7.64 Mn |
| Sep 30, 2017 | 6.26 Mn |
| Jun 30, 2017 | 3.50 Mn |
| Mar 31, 2017 | 2.79 Mn |