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Side-by-side financial comparison of ALT5 Sigma Corp (ALTS) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

MIND TECHNOLOGY, INC is the larger business by last-quarter revenue ($9.7M vs $5.4M, roughly 1.8× ALT5 Sigma Corp). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -7100.2%, a 7100.8% gap on every dollar of revenue. On growth, ALT5 Sigma Corp posted the faster year-over-year revenue change (12.5% vs -20.0%). MIND TECHNOLOGY, INC produced more free cash flow last quarter ($801.0K vs $-7.2M).

ALT5 Sigma Corp is a fintech firm focused on digital asset infrastructure and trading solutions. It operates regulated digital asset trading platforms for retail and institutional clients, primarily serving markets across North America, Europe, and the Asia-Pacific region. Its core offerings include spot and derivatives trading, digital asset custody, and secure settlement services.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

ALTS vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.8× larger
MIND
$9.7M
$5.4M
ALTS
Growing faster (revenue YoY)
ALTS
ALTS
+32.4% gap
ALTS
12.5%
-20.0%
MIND
Higher net margin
MIND
MIND
7100.8% more per $
MIND
0.6%
-7100.2%
ALTS
More free cash flow
MIND
MIND
$8.0M more FCF
MIND
$801.0K
$-7.2M
ALTS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ALTS
ALTS
MIND
MIND
Revenue
$5.4M
$9.7M
Net Profit
$-381.5M
$62.0K
Gross Margin
40.9%
46.6%
Operating Margin
-38.1%
8.0%
Net Margin
-7100.2%
0.6%
Revenue YoY
12.5%
-20.0%
Net Profit YoY
-7249.1%
-95.2%
EPS (diluted)
$-5.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALTS
ALTS
MIND
MIND
Q4 25
$5.4M
$9.7M
Q3 25
$7.6M
$13.6M
Q2 25
$6.4M
$7.9M
Q1 25
$5.5M
$15.0M
Q4 24
$4.8M
$12.1M
Q3 24
$4.9M
$10.0M
Q2 24
$2.2M
$9.7M
Q1 24
$0
$13.4M
Net Profit
ALTS
ALTS
MIND
MIND
Q4 25
$-381.5M
$62.0K
Q3 25
$49.0M
$1.9M
Q2 25
$-9.1M
$-970.0K
Q1 25
$-2.9M
$2.0M
Q4 24
$-5.2M
$1.3M
Q3 24
$-822.0K
$798.0K
Q2 24
$589.0K
$954.0K
Q1 24
$-2.1M
$1.4M
Gross Margin
ALTS
ALTS
MIND
MIND
Q4 25
40.9%
46.6%
Q3 25
34.6%
50.4%
Q2 25
43.5%
42.2%
Q1 25
47.0%
43.5%
Q4 24
45.8%
44.8%
Q3 24
47.8%
47.6%
Q2 24
50.6%
43.6%
Q1 24
46.7%
Operating Margin
ALTS
ALTS
MIND
MIND
Q4 25
-38.1%
8.0%
Q3 25
-218.3%
19.6%
Q2 25
-32.8%
-8.3%
Q1 25
-39.4%
18.5%
Q4 24
-40.8%
15.5%
Q3 24
-14.8%
14.2%
Q2 24
-112.2%
7.5%
Q1 24
17.3%
Net Margin
ALTS
ALTS
MIND
MIND
Q4 25
-7100.2%
0.6%
Q3 25
646.4%
14.2%
Q2 25
-142.9%
-12.3%
Q1 25
-51.9%
13.5%
Q4 24
-108.7%
10.7%
Q3 24
-16.6%
8.0%
Q2 24
27.2%
9.9%
Q1 24
10.8%
EPS (diluted)
ALTS
ALTS
MIND
MIND
Q4 25
$-5.53
Q3 25
$0.29
Q2 25
$-0.49
Q1 25
$-0.18
Q4 24
$-0.35
Q3 24
$-0.06
Q2 24
$0.07
Q1 24
$-0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTS
ALTS
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$6.2M
$19.4M
Total DebtLower is stronger
$563.0K
Stockholders' EquityBook value
$1.2B
$39.9M
Total Assets
$1.2B
$47.3M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTS
ALTS
MIND
MIND
Q4 25
$6.2M
$19.4M
Q3 25
$7.3M
$7.8M
Q2 25
$9.6M
$9.2M
Q1 25
$10.8M
$5.3M
Q4 24
$7.2M
$3.5M
Q3 24
$8.7M
$1.9M
Q2 24
$5.8M
$924.0K
Q1 24
$61.0K
$5.3M
Total Debt
ALTS
ALTS
MIND
MIND
Q4 25
$563.0K
Q3 25
Q2 25
Q1 25
Q4 24
$563.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALTS
ALTS
MIND
MIND
Q4 25
$1.2B
$39.9M
Q3 25
$1.6B
$28.8M
Q2 25
$26.1M
$26.6M
Q1 25
$21.8M
$27.3M
Q4 24
$12.4M
$25.2M
Q3 24
$20.2M
$24.5M
Q2 24
$22.9M
$23.6M
Q1 24
$3.8M
$22.6M
Total Assets
ALTS
ALTS
MIND
MIND
Q4 25
$1.2B
$47.3M
Q3 25
$1.6B
$35.8M
Q2 25
$94.7M
$36.2M
Q1 25
$78.0M
$36.7M
Q4 24
$75.7M
$36.1M
Q3 24
$74.9M
$37.8M
Q2 24
$75.4M
$34.9M
Q1 24
$18.6M
$33.5M
Debt / Equity
ALTS
ALTS
MIND
MIND
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
0.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTS
ALTS
MIND
MIND
Operating Cash FlowLast quarter
$-7.2M
$894.0K
Free Cash FlowOCF − Capex
$-7.2M
$801.0K
FCF MarginFCF / Revenue
-133.4%
8.3%
Capex IntensityCapex / Revenue
0.2%
1.0%
Cash ConversionOCF / Net Profit
14.42×
TTM Free Cash FlowTrailing 4 quarters
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTS
ALTS
MIND
MIND
Q4 25
$-7.2M
$894.0K
Q3 25
$-8.7M
$-1.2M
Q2 25
$-5.2M
$4.1M
Q1 25
$-1.5M
$2.1M
Q4 24
$1.8M
$2.3M
Q3 24
$4.2M
$1.1M
Q2 24
$80.0K
$-4.8M
Q1 24
$-544.0K
$657.0K
Free Cash Flow
ALTS
ALTS
MIND
MIND
Q4 25
$-7.2M
$801.0K
Q3 25
$-1.3M
Q2 25
$3.8M
Q1 25
$1.8M
Q4 24
$2.2M
Q3 24
$978.0K
Q2 24
$-4.8M
Q1 24
$566.0K
FCF Margin
ALTS
ALTS
MIND
MIND
Q4 25
-133.4%
8.3%
Q3 25
-9.9%
Q2 25
48.5%
Q1 25
12.2%
Q4 24
18.3%
Q3 24
9.7%
Q2 24
-49.8%
Q1 24
4.2%
Capex Intensity
ALTS
ALTS
MIND
MIND
Q4 25
0.2%
1.0%
Q3 25
1.3%
Q2 25
3.0%
Q1 25
1.5%
Q4 24
0.6%
Q3 24
0.8%
Q2 24
0.7%
Q1 24
0.7%
Cash Conversion
ALTS
ALTS
MIND
MIND
Q4 25
14.42×
Q3 25
-0.18×
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
1.77×
Q3 24
1.33×
Q2 24
0.14×
-4.98×
Q1 24
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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