MIND C.T.I.(MNDO)

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MIND C.T.I.(MNDO) - 2023 Q4 - Annual Report
2023-11-08 11:04
Financial Performance - Q3 2023 revenues were $5.3 million, unchanged from Q3 2022[1] - Operating income for Q3 2023 was $1.2 million, down from $1.4 million in Q3 2022[1] - Net income for Q3 2023 was $1.3 million, or $0.06 per share, consistent with Q3 2022[1] - For the first nine months of 2023, revenues totaled $16.0 million, compared to $16.2 million in the same period of 2022[2] - Net income for the three months ended September 30, 2023, was $1,250 thousand, a decrease from $1,290 thousand in the same period last year[11] Cash Position - Cash position as of September 30, 2023, was $15.9 million[2] - Cash flow from operating activities in the first nine months of 2023 was $3.4 million, up from $3.1 million in the same period of 2022[2] - Net cash provided by operating activities for the nine months ended September 30, 2023, was $3,389 thousand, compared to $3,119 thousand for the same period in 2022[11] - The company reported a decrease in cash and cash equivalents of $3,549 thousand for the three months ended September 30, 2023, compared to a decrease of $1,260 thousand in the same period last year[11] - The balance of cash and cash equivalents at the end of the period was $2,576 thousand, down from $3,658 thousand at the end of the previous period[11] Assets and Equity - Total assets as of September 30, 2023, were $30.4 million, down from $31.7 million at the end of 2022[9] - Total shareholders' equity was $22.9 million as of September 30, 2023, compared to $23.8 million at the end of 2022[9] Revenue Sources - Customer care and billing software accounted for $2.9 million, or 55% of total Q3 2023 revenues[4] - Europe represented 49% of total revenues in Q3 2023, with Germany contributing 35% from the messaging segment[3] Expenses - Depreciation and amortization expenses for the nine months ended September 30, 2023, were $147 thousand, an increase from $132 thousand in the same period last year[11] - Employees share-based compensation expenses for the three months ended September 30, 2023, were $72 thousand, compared to $74 thousand in the same period last year[11] Cash Flows - Cash flows from investing activities showed a net outflow of $4,504 thousand for the three months ended September 30, 2023, compared to an outflow of $2,221 thousand in the same period last year[11] - The company experienced a decrease in accounts receivable of $2 thousand for the three months ended September 30, 2023, compared to an increase of $241 thousand in the same period last year[11] - The company reported a realized gain on the sale of marketable securities of $9 thousand for the nine months ended September 30, 2023[11] - The company paid dividends totaling $4,839 thousand in the nine months ended September 30, 2023[11]
MIND C.T.I.(MNDO) - 2023 Q3 - Quarterly Report
2023-08-08 10:03
Exhibit 1 MIND CTI Reports Second Quarter 2023 Results Yoqneam, Israel, August 8, 2023 MIND C.T.I. LTD. – (NasdaqGM:MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its second quarter ended June 30, 2023. The following will summarize our major developments in the second ...
MIND C.T.I.(MNDO) - 2023 Q2 - Quarterly Report
2023-05-10 11:50
MIND CTI Reports First Quarter 2023 Results Yoqneam, Israel, May 10, 2023 MIND C.T.I. LTD. – (NasdaqGM:MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product-based solutions for service providers, enterprise solutions for unified communications analytics and call accounting solutions as well as enterprise messaging solutions, today announced results for its first quarter ended March 31, 2023. The following will summarize our major achievements in the first quar ...
MIND C.T.I.(MNDO) - 2022 Q4 - Annual Report
2023-03-14 10:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20–F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-31215 MIND C.T.I. LTD. (Exact name of Registrant as specified in its charter ...
MIND C.T.I.(MNDO) - 2023 Q1 - Quarterly Report
2023-03-08 12:46
Exhibit 99.1 MIND CTI Reports Fourth Quarter and Full Year 2022 Results *Board Declares Cash Dividend * MIND CTI to Host Annual Meeting of Shareholders Yoqneam, Israel, March 8, 2023 MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its four ...
MIND C.T.I.(MNDO) - 2022 Q3 - Quarterly Report
2022-11-08 13:17
Exhibit 99.1 MIND CTI Reports Third Quarter 2022 Results Yoqneam, Israel, November 8, 2022 MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its third quarter ended September 30, 2022. The following will summarize our major achievements in t ...
MIND C.T.I.(MNDO) - 2022 Q2 - Earnings Call Presentation
2022-08-17 22:42
MIND Financial Presentation Q2/2022 2 Safe Harbor This presentation may contain statements that are forward looking. These statements are based on management's beliefs and assumptions and on information currently available to management. Forward- looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securi ...
MIND C.T.I.(MNDO) - 2022 Q2 - Quarterly Report
2022-08-11 10:04
Exhibit 99.1 MIND CTI Reports Second Quarter 2022 Results Yoqneam, Israel, August 11, 2022 MIND C.T.I. LTD. – (NasdaqGM:MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its second quarter ended June 30, 2022. The following will summarize our major developments in the se ...
MIND C.T.I.(MNDO) - 2021 Q4 - Annual Report
2022-04-11 10:06
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. ☐ Yes ☒ No UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20–F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December ...
MIND C.T.I.(MNDO) - 2022 Q1 - Quarterly Report
2022-03-10 12:36
Exhibit 1 MIND CTI Reports Fourth Quarter and Full Year 2021 Results *Board Declares Cash Dividend Yoqneam, Israel, March 10, 2022 MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its fourth quarter of 2021 and its full year ended December ...