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Side-by-side financial comparison of Flux Power Holdings, Inc. (FLUX) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

Flux Power Holdings, Inc. is the larger business by last-quarter revenue ($14.1M vs $9.7M, roughly 1.5× MIND TECHNOLOGY, INC). Flux Power Holdings, Inc. runs the higher net margin — 4.3% vs 0.6%, a 3.6% gap on every dollar of revenue. On growth, Flux Power Holdings, Inc. posted the faster year-over-year revenue change (-16.1% vs -20.0%). MIND TECHNOLOGY, INC produced more free cash flow last quarter ($801.0K vs $-5.3M). Over the past eight quarters, Flux Power Holdings, Inc.'s revenue compounded faster (-1.2% CAGR vs -14.9%).

Adrian Flux is a British insurance broker that has its head office at East Winch Hall in King's Lynn, Norfolk. The company has become the country’s largest specialist motor insurance brokers and employs around 1,850 staff.

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...

FLUX vs MIND — Head-to-Head

Bigger by revenue
FLUX
FLUX
1.5× larger
FLUX
$14.1M
$9.7M
MIND
Growing faster (revenue YoY)
FLUX
FLUX
+3.9% gap
FLUX
-16.1%
-20.0%
MIND
Higher net margin
FLUX
FLUX
3.6% more per $
FLUX
4.3%
0.6%
MIND
More free cash flow
MIND
MIND
$6.1M more FCF
MIND
$801.0K
$-5.3M
FLUX
Faster 2-yr revenue CAGR
FLUX
FLUX
Annualised
FLUX
-1.2%
-14.9%
MIND

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
FLUX
FLUX
MIND
MIND
Revenue
$14.1M
$9.7M
Net Profit
$601.0K
$62.0K
Gross Margin
34.7%
46.6%
Operating Margin
5.6%
8.0%
Net Margin
4.3%
0.6%
Revenue YoY
-16.1%
-20.0%
Net Profit YoY
131.8%
-95.2%
EPS (diluted)
$0.03

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
FLUX
FLUX
MIND
MIND
Q4 25
$14.1M
$9.7M
Q3 25
$13.2M
$13.6M
Q2 25
$16.7M
$7.9M
Q1 25
$16.7M
$15.0M
Q4 24
$16.8M
$12.1M
Q3 24
$16.1M
$10.0M
Q2 24
$13.4M
$9.7M
Q1 24
$14.5M
$13.4M
Net Profit
FLUX
FLUX
MIND
MIND
Q4 25
$601.0K
$62.0K
Q3 25
$-2.6M
$1.9M
Q2 25
$-1.2M
$-970.0K
Q1 25
$-1.9M
$2.0M
Q4 24
$-1.9M
$1.3M
Q3 24
$-1.7M
$798.0K
Q2 24
$-2.2M
$954.0K
Q1 24
$-3.0M
$1.4M
Gross Margin
FLUX
FLUX
MIND
MIND
Q4 25
34.7%
46.6%
Q3 25
28.6%
50.4%
Q2 25
34.5%
42.2%
Q1 25
31.6%
43.5%
Q4 24
32.5%
44.8%
Q3 24
32.4%
47.6%
Q2 24
26.9%
43.6%
Q1 24
27.8%
46.7%
Operating Margin
FLUX
FLUX
MIND
MIND
Q4 25
5.6%
8.0%
Q3 25
-16.5%
19.6%
Q2 25
-4.5%
-8.3%
Q1 25
-9.4%
18.5%
Q4 24
-8.8%
15.5%
Q3 24
-7.5%
14.2%
Q2 24
-13.5%
7.5%
Q1 24
-17.8%
17.3%
Net Margin
FLUX
FLUX
MIND
MIND
Q4 25
4.3%
0.6%
Q3 25
-19.4%
14.2%
Q2 25
-7.0%
-12.3%
Q1 25
-11.6%
13.5%
Q4 24
-11.2%
10.7%
Q3 24
-10.4%
8.0%
Q2 24
-16.8%
9.9%
Q1 24
-20.8%
10.8%
EPS (diluted)
FLUX
FLUX
MIND
MIND
Q4 25
$0.03
Q3 25
$-0.15
Q2 25
$-0.07
Q1 25
$-0.12
Q4 24
$-0.11
Q3 24
$-0.10
Q2 24
$-0.13
Q1 24
$-0.18

Balance Sheet & Financial Strength

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

Metric
FLUX
FLUX
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$19.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.5M
$39.9M
Total Assets
$30.1M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLUX
FLUX
MIND
MIND
Q4 25
$19.4M
Q3 25
$1.6M
$7.8M
Q2 25
$1.3M
$9.2M
Q1 25
$505.0K
$5.3M
Q4 24
$883.0K
$3.5M
Q3 24
$559.0K
$1.9M
Q2 24
$643.0K
$924.0K
Q1 24
$1.3M
$5.3M
Stockholders' Equity
FLUX
FLUX
MIND
MIND
Q4 25
$7.5M
$39.9M
Q3 25
$-3.3M
$28.8M
Q2 25
$-5.4M
$26.6M
Q1 25
$4.4M
$27.3M
Q4 24
$-2.7M
$25.2M
Q3 24
$-1.1M
$24.5M
Q2 24
$194.0K
$23.6M
Q1 24
$2.1M
$22.6M
Total Assets
FLUX
FLUX
MIND
MIND
Q4 25
$30.1M
$47.3M
Q3 25
$29.7M
$35.8M
Q2 25
$34.8M
$36.2M
Q1 25
$30.6M
$36.7M
Q4 24
$29.0M
$36.1M
Q3 24
$30.6M
$37.8M
Q2 24
$32.3M
$34.9M
Q1 24
$34.0M
$33.5M

Cash Flow & Capital Efficiency

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

Metric
FLUX
FLUX
MIND
MIND
Operating Cash FlowLast quarter
$-5.2M
$894.0K
Free Cash FlowOCF − Capex
$-5.3M
$801.0K
FCF MarginFCF / Revenue
-37.4%
8.3%
Capex IntensityCapex / Revenue
0.9%
1.0%
Cash ConversionOCF / Net Profit
-8.59×
14.42×
TTM Free Cash FlowTrailing 4 quarters
$-6.3M
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLUX
FLUX
MIND
MIND
Q4 25
$-5.2M
$894.0K
Q3 25
$889.0K
$-1.2M
Q2 25
$610.0K
$4.1M
Q1 25
$-1.6M
$2.1M
Q4 24
$2.8M
$2.3M
Q3 24
$944.0K
$1.1M
Q2 24
$-4.8M
$-4.8M
Q1 24
$-229.0K
$657.0K
Free Cash Flow
FLUX
FLUX
MIND
MIND
Q4 25
$-5.3M
$801.0K
Q3 25
$726.0K
$-1.3M
Q2 25
$-43.0K
$3.8M
Q1 25
$-1.7M
$1.8M
Q4 24
$2.7M
$2.2M
Q3 24
$746.0K
$978.0K
Q2 24
$-5.7M
$-4.8M
Q1 24
$-479.0K
$566.0K
FCF Margin
FLUX
FLUX
MIND
MIND
Q4 25
-37.4%
8.3%
Q3 25
5.5%
-9.9%
Q2 25
-0.3%
48.5%
Q1 25
-10.4%
12.2%
Q4 24
16.1%
18.3%
Q3 24
4.6%
9.7%
Q2 24
-42.2%
-49.8%
Q1 24
-3.3%
4.2%
Capex Intensity
FLUX
FLUX
MIND
MIND
Q4 25
0.9%
1.0%
Q3 25
1.2%
1.3%
Q2 25
3.9%
3.0%
Q1 25
1.1%
1.5%
Q4 24
0.7%
0.6%
Q3 24
1.2%
0.8%
Q2 24
6.4%
0.7%
Q1 24
1.7%
0.7%
Cash Conversion
FLUX
FLUX
MIND
MIND
Q4 25
-8.59×
14.42×
Q3 25
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
1.77×
Q3 24
1.33×
Q2 24
-4.98×
Q1 24
0.46×

Financial Flow Comparison

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

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