vs

Side-by-side financial comparison of AMES NATIONAL CORP (ATLO) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

AMES NATIONAL CORP is the larger business by last-quarter revenue ($18.7M vs $9.7M, roughly 1.9× MIND TECHNOLOGY, INC). AMES NATIONAL CORP runs the higher net margin — 34.9% vs 0.6%, a 34.2% gap on every dollar of revenue. On growth, AMES NATIONAL CORP posted the faster year-over-year revenue change (26.7% vs -20.0%). AMES NATIONAL CORP produced more free cash flow last quarter ($20.7M vs $801.0K). Over the past eight quarters, AMES NATIONAL CORP's revenue compounded faster (19.5% CAGR vs -14.9%).

Ames National Corp is a U.S. financial holding company based in Iowa. It operates multiple community banking subsidiaries, offering retail and commercial financial services including deposit accounts, personal and business loans, mortgages, and wealth management, primarily serving consumers and SMEs across central Iowa.

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...

ATLO vs MIND — Head-to-Head

Bigger by revenue
ATLO
ATLO
1.9× larger
ATLO
$18.7M
$9.7M
MIND
Growing faster (revenue YoY)
ATLO
ATLO
+46.6% gap
ATLO
26.7%
-20.0%
MIND
Higher net margin
ATLO
ATLO
34.2% more per $
ATLO
34.9%
0.6%
MIND
More free cash flow
ATLO
ATLO
$19.9M more FCF
ATLO
$20.7M
$801.0K
MIND
Faster 2-yr revenue CAGR
ATLO
ATLO
Annualised
ATLO
19.5%
-14.9%
MIND

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ATLO
ATLO
MIND
MIND
Revenue
$18.7M
$9.7M
Net Profit
$6.5M
$62.0K
Gross Margin
46.6%
Operating Margin
44.3%
8.0%
Net Margin
34.9%
0.6%
Revenue YoY
26.7%
-20.0%
Net Profit YoY
85.4%
-95.2%
EPS (diluted)

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
ATLO
ATLO
MIND
MIND
Q4 25
$18.7M
$9.7M
Q3 25
$16.6M
$13.6M
Q2 25
$16.1M
$7.9M
Q1 25
$15.5M
$15.0M
Q4 24
$14.7M
$12.1M
Q3 24
$13.5M
$10.0M
Q2 24
$13.5M
$9.7M
Q1 24
$13.1M
$13.4M
Net Profit
ATLO
ATLO
MIND
MIND
Q4 25
$6.5M
$62.0K
Q3 25
$4.6M
$1.9M
Q2 25
$4.5M
$-970.0K
Q1 25
$3.4M
$2.0M
Q4 24
$3.5M
$1.3M
Q3 24
$2.2M
$798.0K
Q2 24
$2.2M
$954.0K
Q1 24
$2.3M
$1.4M
Gross Margin
ATLO
ATLO
MIND
MIND
Q4 25
46.6%
Q3 25
50.4%
Q2 25
42.2%
Q1 25
43.5%
Q4 24
44.8%
Q3 24
47.6%
Q2 24
43.6%
Q1 24
46.7%
Operating Margin
ATLO
ATLO
MIND
MIND
Q4 25
44.3%
8.0%
Q3 25
34.5%
19.6%
Q2 25
35.0%
-8.3%
Q1 25
27.4%
18.5%
Q4 24
29.4%
15.5%
Q3 24
19.4%
14.2%
Q2 24
19.0%
7.5%
Q1 24
20.8%
17.3%
Net Margin
ATLO
ATLO
MIND
MIND
Q4 25
34.9%
0.6%
Q3 25
27.5%
14.2%
Q2 25
28.0%
-12.3%
Q1 25
22.3%
13.5%
Q4 24
23.8%
10.7%
Q3 24
16.4%
8.0%
Q2 24
16.2%
9.9%
Q1 24
17.6%
10.8%

Balance Sheet & Financial Strength

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

Metric
ATLO
ATLO
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$126.8M
$19.4M
Total DebtLower is stronger
$18.4M
Stockholders' EquityBook value
$207.9M
$39.9M
Total Assets
$2.1B
$47.3M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLO
ATLO
MIND
MIND
Q4 25
$126.8M
$19.4M
Q3 25
$108.2M
$7.8M
Q2 25
$95.2M
$9.2M
Q1 25
$163.4M
$5.3M
Q4 24
$101.2M
$3.5M
Q3 24
$59.0M
$1.9M
Q2 24
$63.4M
$924.0K
Q1 24
$111.4M
$5.3M
Total Debt
ATLO
ATLO
MIND
MIND
Q4 25
$18.4M
Q3 25
Q2 25
Q1 25
Q4 24
$20.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ATLO
ATLO
MIND
MIND
Q4 25
$207.9M
$39.9M
Q3 25
$200.6M
$28.8M
Q2 25
$193.0M
$26.6M
Q1 25
$183.1M
$27.3M
Q4 24
$174.7M
$25.2M
Q3 24
$183.4M
$24.5M
Q2 24
$167.1M
$23.6M
Q1 24
$165.5M
$22.6M
Total Assets
ATLO
ATLO
MIND
MIND
Q4 25
$2.1B
$47.3M
Q3 25
$2.1B
$35.8M
Q2 25
$2.1B
$36.2M
Q1 25
$2.2B
$36.7M
Q4 24
$2.1B
$36.1M
Q3 24
$2.1B
$37.8M
Q2 24
$2.1B
$34.9M
Q1 24
$2.2B
$33.5M
Debt / Equity
ATLO
ATLO
MIND
MIND
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.11×
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
ATLO
ATLO
MIND
MIND
Operating Cash FlowLast quarter
$21.3M
$894.0K
Free Cash FlowOCF − Capex
$20.7M
$801.0K
FCF MarginFCF / Revenue
110.8%
8.3%
Capex IntensityCapex / Revenue
3.4%
1.0%
Cash ConversionOCF / Net Profit
3.28×
14.42×
TTM Free Cash FlowTrailing 4 quarters
$34.2M
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLO
ATLO
MIND
MIND
Q4 25
$21.3M
$894.0K
Q3 25
$2.8M
$-1.2M
Q2 25
$4.0M
$4.1M
Q1 25
$7.1M
$2.1M
Q4 24
$14.3M
$2.3M
Q3 24
$3.1M
$1.1M
Q2 24
$3.9M
$-4.8M
Q1 24
$1.4M
$657.0K
Free Cash Flow
ATLO
ATLO
MIND
MIND
Q4 25
$20.7M
$801.0K
Q3 25
$2.6M
$-1.3M
Q2 25
$3.9M
$3.8M
Q1 25
$6.9M
$1.8M
Q4 24
$14.0M
$2.2M
Q3 24
$3.0M
$978.0K
Q2 24
$3.8M
$-4.8M
Q1 24
$1.3M
$566.0K
FCF Margin
ATLO
ATLO
MIND
MIND
Q4 25
110.8%
8.3%
Q3 25
16.0%
-9.9%
Q2 25
24.2%
48.5%
Q1 25
44.8%
12.2%
Q4 24
94.9%
18.3%
Q3 24
22.5%
9.7%
Q2 24
28.1%
-49.8%
Q1 24
10.0%
4.2%
Capex Intensity
ATLO
ATLO
MIND
MIND
Q4 25
3.4%
1.0%
Q3 25
0.6%
1.3%
Q2 25
0.7%
3.0%
Q1 25
1.3%
1.5%
Q4 24
2.0%
0.6%
Q3 24
0.5%
0.8%
Q2 24
0.7%
0.7%
Q1 24
0.5%
0.7%
Cash Conversion
ATLO
ATLO
MIND
MIND
Q4 25
3.28×
14.42×
Q3 25
0.60×
-0.60×
Q2 25
0.89×
Q1 25
2.07×
1.01×
Q4 24
4.07×
1.77×
Q3 24
1.40×
1.33×
Q2 24
1.78×
-4.98×
Q1 24
0.59×
0.46×

Financial Flow Comparison

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

Related Comparisons