Mind CTI (MNDO)

• Market cap: $39.9M
• 1 day: -0.51%
• 5 days: -2.96%
• 1 month: 0.51%
• 3 months: -1.50%
• 6 months: 4.79%
• Year to date: 0.00%
• 1 year: 0.51%
• 5 years: -18.93%
• 10 years: -44.19%

About: MIND C.T.I. Ltd develops, manufactures, markets and implements real-time and off-line convergent billing and customer care software solutions. The company derives revenue from sale of software products and services in two operating segments namely Billing and Related Services, which derives key revenue and Messaging. The Company has three product lines: Product line A- billing and customer care solutions for service providers; Product line B - call accounting and call management solutions for enterprises; and Product line C - mobile messaging, communication, and payment solutions. Geographically, the company operates in The Americas, Europe, Asia Pacific and Africa and Israel. It earns maximum revenue from Europe.

Employees: 144

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

5.07% less ownership

Funds ownership: 14.44% [Q2] → 9.37% (-5.07%) [Q3]

6% less funds holding

Funds holding: 17 [Q2] → 16 (-1) [Q3]

31% less capital invested

Capital invested by funds: $5.42M [Q2] → $3.72M (-$1.7M) [Q3]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2