← Mynd.ai, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $108.5m |
$140.8m
+29.76%
|
$156.5m
+11.15%
|
$182.3m
+16.48%
|
$109.7m
-39.81%
|
$180.3m
+64.35%
|
$30.8m
-82.95%
|
$413.6m
+1244.84%
|
$267.4m
-35.35%
|
$167.9m
-37.19%
|
$167.9m
0.00%
|
|
| Cost of Revenue | $91.6m |
$111.3m
+21.46%
|
$130.9m
+17.60%
|
$155.5m
+18.85%
|
$90.0m
-42.16%
|
$149.1m
+65.78%
|
$28.8m
-80.70%
|
$310.4m
+978.64%
|
$201.1m
-35.20%
|
$132.6m
-34.05%
|
$132.6m
0.00%
|
|
| Gross Profit | $16.9m |
$29.5m
+74.74%
|
$25.6m
-13.18%
|
$26.7m
+4.35%
|
($7.2m)
-126.86%
|
$31.2m
+533.77%
|
$2.0m
-93.67%
|
$103.1m
+5127.62%
|
$66.2m
-35.78%
|
$35.3m
-46.73%
|
$35.3m
0.00%
|
|
| Research and Development Expense | — | — | — | — | — | $35.6m | $41.5m | $34.6m | $25.3m | $12.8m | $12.8m | |
| Selling and Marketing Expense | — | — | — | — | — | — | — | $51.5m | $42.1m | $38.9m | $65.4m | |
| Sales and marketing | — | — | — | — | — | $60.5m | $60.8m | $51.5m | $42.1m | $38.9m | — | |
| General and Administrative Expense | $7.4m | $18.4m | $26.4m | $23.8m | $24.3m | $20.3m | $6.0m | $31.3m | $33.4m | $26.5m | $26.5m | |
| Amortization of Intangible Assets | — | — | $529k | $2.2m | $2.4m | $2.5m | $1.1m | $4.2m | $4.2m | — | — | |
| Operating Lease, Expense | $10.6m | $11.8m | — | — | — | — | — | — | — | — | — | |
| Restructuring and other expenses | — | — | — | — | — | $469k | $238k | $10.2m | $3.5m | $6.8m | — | |
| Operating Expenses | $9.3m | $20.2m | $28.7m | $26.6m | $36.2m | $27.3m | $29.1m | $146.9m | $104.3m | $85.4m | $78.3m | |
| Operating Income (Loss) | $7.6m |
$9.3m
+23.61%
|
($3.0m)
-132.43%
|
$166k
+105.48%
|
($43.4m)
-26236.14%
|
$3.8m
+108.84%
|
($27.1m)
-807.77%
|
($43.8m)
-61.19%
|
($38.0m)
+13.06%
|
($50.1m)
-31.70%
|
($43.0m)
+14.23%
|
|
| Interest Income, Other | $107k | $563k | $2.1m | $858k | $348k | $219k | $49k | $223k | $2.7m | $827k | $827k | |
| Investment Income, Interest | $107k | $563k | $2.1m | $858k | $348k | $219k | $30k | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | — | $11.4m | $2.8m | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $2.2m | ($1.4m) | $2.1m | — | |
| Income (Loss) from Equity Method Investments | ($189k) | ($239k) | ($291k) | ($664k) | ($185k) | $15k | ($8k) | — | — | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | $173k | $1.8m | $4.7m | $10.4m | $10.1m | $10.1m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($2.4m) | $2.3m | ($4.4m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | ($30.2m) | ($54.5m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $8.6m | ($25.4m) | ($46.2m) | ($35.7m) | ($54.5m) | ($54.5m) | |
| Current Income Tax Expense (Benefit) | $3.8m | $9.3m | $6.4m | $6.0m | $3.4m | $4.7m | ($2k) | $1.2m | $1.1m | $423k | ($384k) | |
| Income Tax Expense (Benefit) | $2.2m | $3.8m | $2.5m | $3.5m | $215k | $3.4m | ($789k) | ($9.2m) | $68.7m | ($384k) | ($384k) | |
| Net loss from continuing operations | — | — | — | — | ($26.8m) | ($19.6m) | ($79.2m) | ($37.0m) | ($104.5m) | ($54.1m) | — | |
| Net loss | $5.9m | $6.5m | ($1.7m) | ($2.2m) | ($41.2m) | $3.5m | ($45.9m) | ($37.8m) | ($95.8m) | ($54.1m) | — | |
| Net loss from continuing operations attributable to ordinary shareholders | — | — | — | — | — | $6.9m | $35.2m | ($37.0m) | ($104.5m) | ($54.1m) | — | |
| Net income (loss) from discontinued operations attributable to ordinary shareholders | — | — | — | — | — | — | ($12.6m) | ($638k) | $8.8m | $0 | ($54.1m) | |
| Net loss attributable to ordinary shareholders | $6.5m | $7.1m | — | — | — | ($1.1m) | $22.6m | ($37.9m) | ($95.7m) | ($54.1m) | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | — | — | — | ($22k) | ($37.0m) | ($104.5m) | ($54.1m) | ($54.1m) | |
| Net Income (Loss) Attributable to Parent | $6.5m |
$7.1m
+9.38%
|
($1.8m)
-125.14%
|
($2.4m)
-36.05%
|
($37.3m)
-1431.64%
|
$6.8m
+118.21%
|
($22.2m)
-426.51%
|
($37.9m)
-70.79%
|
($95.7m)
-152.80%
|
($54.1m)
+43.51%
|
($54.1m)
0.00%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($618k) | ($574k) | ($93k) | $387k | ($3.9m) | $189k | ($2.5m) | — | ($33k) | $0 | ($54.1m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | ($1) | ($1) | ($3) | ($0) | ($0) | ($0) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | ($1) | ($1) | ($3) | ($0) | ($0) | ($0) | — | |
| Earnings Per Share, Basic | $0.28 | $0.29 | ($0.06) | ($0.09) | ($1.33) | $0.24 | ($0.78) | ($0.09) | ($0.21) | ($0.12) | ($1.20) | |
| Earnings Per Share, Diluted | $0.26 | $0.27 | ($0.06) | ($0.09) | ($1.33) | $0.23 | ($0.78) | ($0.09) | ($0.21) | ($0.12) | ($1.20) | |
| Net (loss) income per share attributable to ordinary shareholders of Mynd.ai, Inc. from continuing operations - basic (in dollars per share) | — | — | — | — | ($1) | ($1) | ($3) | ($0) | ($0) | ($0) | — | |
| Net (loss) income per share attributable to ordinary shareholders of Mynd.ai, Inc. from continuing operations - diluted (in dollars per share) | — | — | — | — | ($1) | ($1) | ($3) | ($0) | ($0) | ($0) | — | |
| Net (loss) per share attributable to ordinary shareholders of Mynd.ai, Inc. from discontinued operations - basic (in dollars per share) | — | — | — | — | ($0) | $1 | $1 | $0 | $0 | $0 | — | |
| Net (loss) per share attributable to ordinary shareholders of Mynd.ai, Inc. from discontinued operations - diluted (in dollars per share) | — | — | — | — | ($0) | $1 | $1 | $0 | $0 | $0 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 23.2m | 24.7m | 29.2m | 28.1m | 28.1m | 28.2m | 28.3m | 428.0m | 456.5m | 456.8m | 45.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 24.7m | 26.6m | 29.2m | 28.1m | 28.1m | 29.0m | 28.3m | 428.0m | 456.5m | 456.8m | 45.7m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $19.3m | $0 | $304k | — | |
| Goodwill, Impairment Loss | — | — | — | $337k | $8.5m | $4.6m | $19.2m | — | — | — | $0 | |
| Selling Expense | $1.9m | $1.8m | $2.2m | $2.8m | $1.3m | $2.5m | $428k | — | — | — | — | |
| Transaction-related costs | — | — | — | — | — | $0 | $502k | $19.3m | $0 | $304k | — | |
| Gain on embedded derivative | — | — | — | — | — | — | $0 | $432k | $11.4m | $2.8m | — | |
| Net (loss) income from discontinued operations attributable to non-controlling interests | ($618k) | ($574k) | ($93k) | $387k | ($3.9m) | $189k | $0 | $33k | ($33k) | $0 | — | |
| Net (loss) income attributable to non-controlling interests | ($618k) | ($574k) | ($93k) | $387k | ($3.9m) | $189k | $0 | $33k | ($33k) | $0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | $2.8m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($37.0m) | ($104.5m) | ($54.1m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($26.8m) | ($19.6m) | ($79.2m) | ($37.0m) | ($104.5m) | ($54.1m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($14.4m) | $23.1m | $33.3m | ($823k) | $8.7m | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $8.8m | $0 | — | |
| Total other (expense) income | — | — | — | — | — | ($2.4m) | $3.7m | ($2.4m) | $2.3m | ($4.4m) | — |