Mind CTI Ltd

Chart & Performance

D1W1MN

P/E

7.73

P/S

1.85

EPS

0.26

Div Yield, %

12.11%

Shrs. gr., 5y

0.91%

Rev. gr., 5y

3.57%

Revenues

22m

+0.28%

Net income

-2.27%

CFO

-10.05%

Dividend

Mar 19, 20240.24 USD/sh

Earnings

Mar 04, 2025

Profile

MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates billing and customer care systems in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services and Messaging. The company offers billing and customer care solutions that support various services, such as voice, data, and content services, as well as prepaid, postpaid, and pay-in-advance payment models in a single platform. Its solutions also include a workflow engine to support the implementation of business processes, including subscriber registration, order management, trouble ticket, and debt collection; and an integral point of sale solution that covers all dealer, store and cashier management, and sales cycle related activities. In addition, the company offers professional services comprising turnkey project delivery, customer support and maintenance, integration, customizations, and project management, as well as managed services, including day to day billing operational tasks to its billing and customer care customers. Further, it provides PhonEX ONE, a call management system that collects, records, and stores call information, which is used by organizations for telecom expense management, call accounting, traffic analysis, and fraud detection. The company offers its products directly, as well as through distributors and resellers primarily to communication service providers, such as traditional wireline and wireless, voice over IP, broadband IP network operators, wireless internet service providers, LTE operators, cable operators, and mobile virtual network operators. MIND C.T.I. Ltd. was incorporated in 1995 and is headquartered in Yokne'am Illit, Israel.

URL

https://mindcti.com/

IPO date

Aug 01, 2000

Employees

153

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	21,612 0.28%	21,551 -18.15%	26,331 12.65%
Cost of revenue	16,863	16,027	19,503
Unusual Expense (Income)
NOPBT	4,749	5,524	6,828
NOPBT Margin	21.97%	25.63%	25.93%
Operating Taxes	359	330	936
Tax Rate	7.56%	5.97%	13.71%
NOPAT	4,390	5,194	5,892
Net income	5,167 -2.27%	5,287 -11.10%	5,947 10.48%
Dividends	(4,839)	(5,227)	(5,197)
Dividend yield	12.06%	12.20%	8.25%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	218	271	376
Long-term debt	1,066	1,501	2,572
Deferred revenue	100	107	154
Other long-term liabilities	2,060	1,930	2,361
Net debt	(16,034)	(15,765)	(15,513)
Cash flow
Cash from operating activities	4,100	4,558	6,898
CAPEX	(64)	(130)	(82)
Cash from investing activities	(1,541)	1,829	(5,689)
Cash from financing activities	(4,839)	(5,227)	(5,197)
FCF	4,655	5,661	6,188
Balance
Cash	16,604	17,479	18,461
Long term investments	714	58
Excess cash	16,237	16,459	17,144
Stockholders' equity	(2,281)	(2,681)	(2,504)
Invested Capital	29,571	29,411	30,219
ROIC	14.89%	17.42%	19.62%
ROCE	17.35%	20.58%	24.50%
EV
Common stock shares outstanding	20,471	20,397	20,270
Price	1.96 -6.67%	2.10 -32.42%	3.11 19.97%
Market cap	40,123 -6.33%	42,834 -31.99%	62,985 20.76%
EV	24,089	27,069	47,472
EBITDA	4,945	5,717	7,022
EV/EBITDA	4.87	4.73	6.76
Interest	17	60	49
Interest/NOPBT	0.36%	1.09%	0.72%