MYND

Mynd.ai

1.88 USD
+0.15
8.67%
At close Dec 20, 4:00 PM EST
After hours
1.87
-0.01
0.53%
1 day
8.67%
5 days
-9.62%
1 month
19.75%
3 months
92.50%
6 months
-31.39%
Year to date
-63.98%
1 year
-55.02%
5 years
-82.25%
10 years
-82.25%
 

About: Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the needs of customers, including K -12 educators, colleges and universities, small businesses and corporations, government agencies, and more.

Employees: 1,365

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

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

0.79% less ownership

Funds ownership: 0.88% [Q2] → 0.09% (-0.79%) [Q3]

14% less funds holding

Funds holding: 7 [Q2] → 6 (-1) [Q3]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

97% less capital invested

Capital invested by funds: $11.1M [Q2] → $312K (-$10.8M) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for MYND.

Financial journalist opinion

Neutral
PRNewsWire
1 month ago
Mynd.ai's Promethean Brand to Release Transformational New Technology in First Quarter of 2025
SEATTLE , Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings.
Mynd.ai's Promethean Brand to Release Transformational New Technology in First Quarter of 2025
Neutral
PRNewsWire
1 month ago
The ActivPanel 10 is coming: Promethean's next-gen experience is built with choice and simplicity in mind
School, university, and business leaders now have the flexibility to choose their experience and maximize learning and collaboration in classrooms, teaching spaces, meeting rooms, or on the go with the most adaptable, easy-to-use solution. SEATTLE , Nov. 4, 2024 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has announced the most adaptable interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite™.
The ActivPanel 10 is coming: Promethean's next-gen experience is built with choice and simplicity in mind
Neutral
PRNewsWire
2 months ago
Mynd.ai Announces $10 Million Share Repurchase Program
SEATTLE , Oct. 21, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its American depositary shares ("ADSs") and/or ordinary shares as market conditions and the Company's liquidity warrant. "We are committed to delivering long-term value to our shareholders and we believe that the potential to repurchase our shares and ADSs at these levels represents a compelling opportunity to deploy available cash to do so," stated Vin Riera, Mynd's Chief Executive Officer.
Mynd.ai Announces $10 Million Share Repurchase Program
Neutral
PRNewsWire
2 months ago
Promethean wins Tech & Learning Awards of Excellence: Back to School 2024
The company was recognized in the Primary category for its Explain Everything Advanced lesson creation and delivery software SEATTLE , Oct. 14, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), won this year's Tech & Learning Awards of Excellence: Back to School 2024 in the Primary category from Tech & Learning magazine. Back for the 2024-25 school year, the Tech & Learning Awards of Excellence seek out the most outstanding products offering schools versatility, value, and solutions to specific problems to support innovative and effective teaching and learning.
Promethean wins Tech & Learning Awards of Excellence: Back to School 2024
Neutral
PRNewsWire
2 months ago
Mynd.ai Closes $20 Million Sale of Non-strategic Business Unit and Announces Additional Strategic Actions to Enhance Operations, Strengthen Cash Position and Drive Long-Term Shareholder Value
SEATTLE , Oct. 8, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced a series of strategic actions designed to enhance the Company's operations and drive long-term shareholder value, including the following: The sale, on October 2, 2024, of the Company's entire 85% ownership interest in its Singapore-based early childcare learning business for a total consideration of $20 million in cash. The redeployment of capital to enhance business development and future technology innovation to increase sales within its core markets.
Mynd.ai Closes $20 Million Sale of Non-strategic Business Unit and Announces Additional Strategic Actions to Enhance Operations, Strengthen Cash Position and Drive Long-Term Shareholder Value
Neutral
PRNewsWire
3 months ago
Mynd Announces 2024 First Half Results
Gross Margins Increased 100 Basis Points to  27.3% ; Adjusted EBITDA loss improved by $0.6 million  SEATTLE , Aug. 29, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE American: MYND) today announced financial results for the first half of 2024 (H1 2024). H1 2024 Key Financial Milestones Revenue of $166.0 million compared to $222.5 million for the same period in the prior year, with the decrease primarily driven by reduced spending by key customers due to uncertainty regarding future budget allocations Gross profit of $45.4 million, a 22.4% decline from $58.5 million in the same period in the prior year, driven by the year-over-year reduction in revenue.
Mynd Announces 2024 First Half Results
Neutral
PRNewsWire
4 months ago
Promethean's ActivPanel LX wins a Tech & Learning Best of Show Award at the ISTELive 24 edtech conference
The ActivPanel LX with Google EDLA-certified OPS-A computing module is named one of the best edtech solutions for the classroom   SEATTLE , July 26, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), took home a Tech & Learning Best of Show Award during ISTELive 24 in Denver June 23-26 for its innovative ActivPanel LX interactive flat panel display (IFPD) and Google EDLA-certified OPS-A computing module. The Tech & Learning awards recognize edtech solutions that transform education across the globe.
Promethean's ActivPanel LX wins a Tech & Learning Best of Show Award at the ISTELive 24 edtech conference
Neutral
PRNewsWire
6 months ago
Promethean's ActivPanel LX is honored by the 2024 EdTech Breakthrough Awards
The company's flexible, secure, and affordable interactive display receives the prestigious "Classroom Tech Solution of the Year" award SEATTLE , June 6, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE American: MYND), has been recognized by the 2024 EdTech Breakthrough Awards for its innovative ActivPanel LX interactive display. Winner of the "Classroom Tech Solution of the Year" award, ActivPanel LX is one of the most flexible, secure, and affordable interactive solutions on the market today.
Promethean's ActivPanel LX is honored by the 2024 EdTech Breakthrough Awards
Neutral
PRNewsWire
8 months ago
Mynd Announces Fiscal Year 2023 Results
Delivers Revenue of $413.6 Million and Successfully Completes Transformational Merger Transaction SEATTLE , March 27, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE American: MYND) today announced financial results for the fiscal year ended December 31, 2023. Revenue of $413.6 million for the full year, compared to $584.6 million in the prior year with the decrease primarily driven by the normalization of the education market returning to pre-pandemic levels Gross Margin improved 30 basis points versus 2022 to 24.9%, largely due to lower materials and freight costs Cash flow from operations improvement of $3.0 million compared to 2022 Cash balance at year end was $91.8 million compared to $29.3 million at year end 2022 Adjusted EBITDA1 loss of $6.9 million compared to profit of $12.8 million in 2022, primarily driven by lower sales volumes "We are incredibly pleased with the progress our team made during 2023.
Mynd Announces Fiscal Year 2023 Results
Neutral
PRNewsWire
10 months ago
Promethean wins three Tech & Learning Awards of Excellence for 2023
The company was recognized for its ActivPanel LX display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software SEATTLE , Feb. 7, 2024 /PRNewswire/ -- Promethean, a leading global education technology company, received three Best of 2023 awards from Tech & Learning magazine. The company's ActivPanel LX interactive display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software were recognized for providing exceptional support in the classroom for teachers and students.
Promethean wins three Tech & Learning Awards of Excellence for 2023
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