Earnings release
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Skip to menu Press Release – November 12, 2025 Press Release – November 12, 2025 Yoqneam, Israel, November 12, 2025 MIND C.T.I. LTD (NasdaqGM:), a leading provider of convergent end-to-end prepaid/postpaid billing and custom The following will summarize our major achievements in the third quarter of 2025, as well as our business. Full financial results can be found in the Co Q3 2025 Financial Highlights Revenues were $4.8 million, compared with $5.2 million in the third quarter of 2024.Operating income was $0.6 million, compared to $0.7 million in the third quarter of 2024. Net income was $0.7 million, or $0.03 per share, compared to $0.9 million, or $0.05 per share in the third quarter of 2024. Cash flow from operating activities was $1.2 million, compared with $1.0 million in the third quarter of 2024. Multiple follow-on orders. Cash position was $12.5 million as of September 30, 2025. Nine Months Financial Highlights Revenues were $14.6 million, compared with $16.2 million in the first nine months of 2024.Operating income was $1.3 million, compared to $3.1 million in the first nine months of 2024. Net income was $1.7 million, or $0.08 per share, compared to $3.4 million, or $0.17 per share in the first nine months of 2024. Cash flow from operating activities in the first nine months of 2025 was $2.8 million, compared to $3.8 million in the first nine months of 2024. Ariel Glassner, MIND CTI’s Chief Executive Officer, commented: “In the third quarter, we successfully delivered a significant extension of our solution to While the near-term environment remains challenging, I am confident that our consistent efforts will position MIND for potential growth, once market Revenue Distribution for Q3 2025 Revenues in Europe represented 59% (including the messaging segment revenues in Germany that represented 36%), the Americas represented 35% Revenues from our Customer care and billing software were $2.3 million, or 47% of total revenues, enterprise messaging were $1.7 million, or 36% of to Revenues from maintenance and additional services were $4.7 million, or 96% of total revenues, while licenses were $0.1 million, or 4% of total revenue Revenue Distribution for Nine Months 2025 Revenues in Europe represented 60% (including the messaging segment revenues in Germany that represented 36%), the Americas represented 33% Revenues from our Customer care and billing software were $7.0 million, or 48% of total revenues, enterprise messaging were $5.3 million, or 36% of to Revenues from maintenance and additional services were $14.0 million, or 96% of total revenues, while licenses were $0.6 million, or 4% of total revenu Follow-on Orders Our customers continue to rely on our solutions and expand their use of our technology. This quarter, we received follow-on orders from existing cust MIND’s Board of Directors Approves Plan to Repurchase Up to $2.4 Million of Outstanding Ordinary Shares MIND today announced that its Board of Directors approved a change to the Company’s capital return policy for the current period, transitioning from The Board’s resolution reflects a continued commitment to disciplined capital allocation and shareholder value creation. Given MIND’s cash generati Under the repurchase program in an amount in cash of up to $2.4 million, share purchases may be made from time to time depending on market co
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Skip to menu REVENUES COST OF REVENUES GROSS PROFIT OPERATING EXPENSES: Research and development Selling and marketing General and administrative Total operating expenses OPERATING INCOME FINANCIAL INCOME, net INCOME BEFORE TAXES ON INCOME TAXES ON INCOME NET INCOME EARNINGS PER SHARE – in U.S.dollars Basic Diluted WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATION OF EARNINGS PER SHARE – inthousands: Basic Diluted
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Skip to menu ASSETS CURRENT ASSETS: Cash and cash equivalents Short-term bank deposits Marketable securities Accounts receivable, net Other current assets Prepaid expenses Total current assets NON-CURRENT ASSETS: Accounts receivable, net Severance pay fund Deferred income taxes Property and equipment, net Right-of-use assets, net Intangible assets, net Goodwill Total assets LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable Other current liabilities and accruals Current maturities of lease liabilities Deferred revenues Total current liabilities LONG-TERM LIABILITIES: Deferred revenues Lease liabilities, net of current maturities Accrued severance pay Deferred income taxes Total liabilities SHAREHOLDERS’ EQUITY: Share capital Additional paid-in capital Accumulated other comprehensive loss Accumulated deficit Treasury shares Total shareholders’ equity Total liabilities and shareholders’ equity
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Skip to menu CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Deferred income taxes, net Accrued severance pay Unrealized gain from marketable securities, net Realized loss on sale of property and equipment Employees share-based compensation expenses Changes in operating asset and liability items: Decrease (increase) in accounts receivable, net Increase in other current assets Decrease (increase) in prepaid expenses Decrease in accounts payable Increase (decrease) in other current liabilities and accruals Change in operating lease liability Increase (decrease) in deferred revenues Net cash provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property and equipment Acquisition of a subsidiary Severance pay funds Proceeds from redemption of (investment in) short-term bank deposits Net cash provided by (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES: Dividend paid Net cash used in financing activities TRANSLATION ADJUSTMENTS ON CASH AND CASH EQUIVALENTS INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS BALANCE OF CASHAND CASH EQUIVALENTS AT BEGINNING OF PERIOD BALANCE OF CASHAND CASH EQUIVALENTS AT END OF PERIOD About MIND MIND CTI Ltd. is a leading provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified comm carriers and enterprises, MIND operates from offices in Israel, Romania, Germany and the United States. Cautionary Statement for Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than his available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forw For more information please contact: Janice Kaye MIND CTI Ltd.
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