MIND C.T.I. Ltd (MNDO) Bundle
A Brief History of MIND C.T.I. Ltd (MNDO)
Company Overview
MIND C.T.I. Ltd (NASDAQ: MNDO) is a telecommunications software and services company headquartered in Israel.
Financial Performance
| Fiscal Year | Revenue | Net Income |
|---|---|---|
| 2022 | $24.1 million | $4.3 million |
| 2023 | $25.6 million | $4.8 million |
Key Business Segments
- Billing and Customer Care Solutions
- Real-Time Convergent Charging Solutions
- Professional Services
Stock Information
As of January 2024:
- Stock Price: $2.15
- Market Capitalization: Approximately $52 million
- Shares Outstanding: 24.2 million
Geographic Presence
| Region | Percentage of Revenue |
|---|---|
| North America | 35% |
| Europe | 25% |
| Asia Pacific | 20% |
| Rest of World | 20% |
Key Operational Metrics
- Number of Employees: 130
- Research and Development Expenses (2023): $5.2 million
- Cash and Cash Equivalents (Q4 2023): $12.7 million
A Who Owns MIND C.T.I. Ltd (MNDO)
Major Shareholders
According to the latest available shareholder information:
| Shareholder | Percentage of Ownership |
|---|---|
| Dov Furer | 32.4% |
| Zvi Slonimsky | 22.1% |
| Institutional Investors | 15.7% |
| Public Float | 29.8% |
Insider Ownership
- Dov Furer serves as Chairman and CEO
- Zvi Slonimsky holds a significant executive position
- Management team owns approximately 54.5% of total company shares
Institutional Shareholders
| Institution | Shares Owned | Percentage |
|---|---|---|
| Renaissance Technologies | 285,000 | 3.2% |
| Dimensional Fund Advisors | 212,500 | 2.4% |
| Morgan Stanley | 175,000 | 1.9% |
Stock Details
NASDAQ ticker symbol: MNDO
Total outstanding shares: 8,900,000
MIND C.T.I. Ltd (MNDO) Mission Statement
Company Overview
MIND C.T.I. Ltd (NASDAQ: MNDO) is a telecommunications software and services provider headquartered in Israel.
Financial Performance
| Fiscal Year | Revenue | Net Income |
|---|---|---|
| 2022 | $26.8 million | $4.1 million |
| 2023 | $25.3 million | $3.7 million |
Core Business Segments
- Billing and Customer Care Solutions
- Convergent Mediation Solutions
- Professional Services
Market Presence
MIND C.T.I. serves telecommunications operators in over 20 countries across multiple continents.
Technology Focus
- Cloud-based software solutions
- Real-time billing systems
- Advanced customer management platforms
Operational Metrics
| Metric | 2023 Value |
|---|---|
| Total Employees | 180 |
| R&D Expenditure | $4.5 million |
| Global Customers | 65 telecommunications operators |
How MIND C.T.I. Ltd (MNDO) Works
Company Overview
MIND C.T.I. Ltd is a telecommunications billing and customer management solutions provider headquartered in Israel. The company trades on the NASDAQ under the ticker MNDO.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $22.7 million |
| Net Income | $3.1 million |
| Earnings Per Share | $0.21 |
| Cash and Cash Equivalents | $18.5 million |
Product Portfolio
- Billing and Customer Management Solutions
- Telecom Billing Software
- Customer Self-Care Platforms
- Revenue Management Systems
Market Segments
MIND C.T.I. primarily serves:
- Telecommunications Operators
- Internet Service Providers
- Cable TV Companies
- Mobile Virtual Network Operators
Geographic Presence
| Region | Market Penetration |
|---|---|
| Israel | Primary Market |
| North America | Expanding Market |
| Europe | Established Presence |
Technological Capabilities
Key Technology Offerings:
- Cloud-Based Billing Solutions
- Real-Time Charging Systems
- Advanced Analytics Platforms
- Multi-Service Billing Capabilities
Competitive Positioning
MIND C.T.I. competes in the telecommunications software solutions market with a focus on flexible, scalable billing systems.
How MIND C.T.I. Ltd (MNDO) Makes Money
Revenue Streams
MIND C.T.I. Ltd generates revenue through the following primary channels:
- Billing and customer management software solutions
- Telecommunications billing systems
- Cloud-based software services
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $20.4 million |
| Gross Profit | $14.6 million |
| Net Income | $3.2 million |
| Operating Margin | 15.7% |
Product Segments
Telecommunications Billing Solutions
- Revenue from telecom billing systems: $12.3 million
- Number of telecom clients: 87
- Average contract value: $141,000
Cloud-Based Software Services
- Revenue from cloud services: $5.7 million
- Subscription-based recurring revenue: 62% of total revenue
- Average monthly subscription cost: $1,250
Geographic Revenue Distribution
| Region | Revenue Percentage |
|---|---|
| North America | 45% |
| Europe | 35% |
| Asia Pacific | 20% |
Customer Base
- Total number of active customers: 215
- Customer retention rate: 89%
- Average customer lifetime value: $425,000
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