SEATTLE, Jan. 6, 2025 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that its subsidiary, Promethean, has released its most anticipated, unified interactive flat panel display (IFPD) and software solution—the all-new ActivPanel 10 and Promethean ActivSuite. "Specifically designed to support freedom of choice, simplicity, and adaptability, the ActivPanel 10 and Promethean ActivSuite solution allows educators and business leaders to choose their preferred operati ...

Promethean's most adaptable, compatible hardware and software solution is available now and will debut live internationally at FETC and Bett conferences in January.SEATTLE, Jan. 6, 2025 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has released the most anticipated, unified interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite.Available on January 6, the flexi ...

Vancouver, British Columbia--(Newsfile Corp. - November 22, 2024) - MYND Life Sciences (CSE: MYND) (OTCQB: MYNDF) ("MYND" or the "Company"), a leader in mental health diagnostics and treatments, today announced two significant strategic decisions aimed at strengthening the company's financial position and governance. These moves demonstrate a strong commitment to the company's vision and strategic plan to commercialize a diagnostic biomarker test for depression which is being initially developed for the pu ...

MYND Life Sciences Announces Proposed Share Issuance to Remove Debenture and $3.440 M in debt on businessNovember 12, 2024 8:05 PM EST | Source: MYND Life Sciences Inc.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - MYND Life Sciences (CSE: MYND) (OTCQB: MYNDF) ("MYND" or the "Company") a clinical-stage life sciences company committed to the development and commercialization of a biomarker tool for monitoring depression, today announced that subject to regulatory approval, ...

SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings."B ...

School, university, and business leaders now have the flexibility to choose their experience and maximize learning and collaboration in classrooms, teaching spaces, meeting rooms, or on the go with the most adaptable, easy-to-use solution.SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has announced the most adaptable interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPan ...

SEATTLE, Oct. 21, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its American depositary shares ("ADSs") and/or ordinary shares as market conditions and the Company's liquidity warrant."We are committed to delivering long-term value to our shareholders and we believe that the potential to repurchase our shares and ADSs at these levels represents a compelling opportu ...

The company was recognized in the Primary category for its Explain Everything Advanced lesson creation and delivery software SEATTLE, Oct. 14, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), won this year's Tech & Learning Awards of Excellence: Back to School 2024 in the Primary category from Tech & Learning magazine. Back for the 2024-25 school year, the Tech & Learning Awards of Excellence seek out the most outstanding ...

Core Insights - Mynd.ai, Inc. reported a revenue of $166.0 million for H1 2024, a decrease of $56.5 million from $222.5 million in the same period last year, primarily due to reduced spending by key customers amid budget uncertainties [2][4] - The company experienced a gross profit of $45.4 million, reflecting a 22.4% decline from $58.5 million year-over-year, although gross margins improved by 100 basis points to 27.3% due to operational efficiencies [2][3] - The net loss for H1 2024 was $47.8 million, compared to a loss of $15.7 million in the same period last year, largely due to a valuation allowance against deferred tax assets and lower sales volumes [4][5] Financial Performance - Revenue for H1 2024 was $166.0 million, down from $222.5 million in H1 2023, attributed to decreased customer spending and increased competition [2][4] - Gross profit decreased to $45.4 million from $58.5 million, with gross margins rising to 27.3% due to cost savings and operational improvements [3][4] - Adjusted EBITDA loss improved to $5.6 million from a loss of $6.1 million in the prior year, indicating some operational efficiency despite lower sales volumes [4][19] Operational Insights - The company has implemented cost-saving measures to address challenges in the education technology market, which has seen a softening demand trend [2][5] - Management remains confident in the business model and aims to maintain market leadership in interactive flat panel displays (IFPDs) within the global education sector [2][5] - Cash flow from operations improved by $5.0 million compared to the same period last year, with cash reserves totaling $69.4 million [2][5] Market Context - The education technology sector is experiencing headwinds due to uncertainty around future budget allocations, leading to reduced demand from local education authorities [2][5] - The company is focused on delivering innovative hardware and software solutions to adapt to changing market conditions and maintain its competitive edge [2][5]

The ActivPanel LX with Google EDLA-certified OPS-A computing module is named one of the best edtech solutions for the classroom The Tech & Learning awards recognize edtech solutions that transform education across the globe. A panel of judges and editors, chosen in advance by the editors of Tech & Learning, reviewed nominations and chose the winners for 2024. They evaluated products for their ease of use, value, uniqueness in the market, and ability to help make teachers' lives easier and support student ac ...