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Side-by-side financial comparison of IM Cannabis Corp. (IMCC) 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 $9.3M, roughly 1.0× IM Cannabis Corp.). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -1.5%, a 2.2% gap on every dollar of revenue. On growth, IM Cannabis Corp. posted the faster year-over-year revenue change (-13.9% vs -20.0%).

IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.

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...

IMCC vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.0× larger
MIND
$9.7M
$9.3M
IMCC
Growing faster (revenue YoY)
IMCC
IMCC
+6.0% gap
IMCC
-13.9%
-20.0%
MIND
Higher net margin
MIND
MIND
2.2% more per $
MIND
0.6%
-1.5%
IMCC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
IMCC
IMCC
MIND
MIND
Revenue
$9.3M
$9.7M
Net Profit
$-141.6K
$62.0K
Gross Margin
27.0%
46.6%
Operating Margin
-2.8%
8.0%
Net Margin
-1.5%
0.6%
Revenue YoY
-13.9%
-20.0%
Net Profit YoY
94.4%
-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
IMCC
IMCC
MIND
MIND
Q4 25
$9.7M
Q3 25
$13.6M
Q2 25
$9.3M
$7.9M
Q1 25
$15.0M
Q4 24
$12.1M
Q3 24
$10.0M
Q2 24
$10.8M
$9.7M
Q1 24
$13.4M
Net Profit
IMCC
IMCC
MIND
MIND
Q4 25
$62.0K
Q3 25
$1.9M
Q2 25
$-141.6K
$-970.0K
Q1 25
$2.0M
Q4 24
$1.3M
Q3 24
$798.0K
Q2 24
$-2.5M
$954.0K
Q1 24
$1.4M
Gross Margin
IMCC
IMCC
MIND
MIND
Q4 25
46.6%
Q3 25
50.4%
Q2 25
27.0%
42.2%
Q1 25
43.5%
Q4 24
44.8%
Q3 24
47.6%
Q2 24
5.7%
43.6%
Q1 24
46.7%
Operating Margin
IMCC
IMCC
MIND
MIND
Q4 25
8.0%
Q3 25
19.6%
Q2 25
-2.8%
-8.3%
Q1 25
18.5%
Q4 24
15.5%
Q3 24
14.2%
Q2 24
-19.5%
7.5%
Q1 24
17.3%
Net Margin
IMCC
IMCC
MIND
MIND
Q4 25
0.6%
Q3 25
14.2%
Q2 25
-1.5%
-12.3%
Q1 25
13.5%
Q4 24
10.7%
Q3 24
8.0%
Q2 24
-23.4%
9.9%
Q1 24
10.8%

Balance Sheet & Financial Strength

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

Metric
IMCC
IMCC
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$579.6K
$19.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.0M
$39.9M
Total Assets
$30.0M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMCC
IMCC
MIND
MIND
Q4 25
$19.4M
Q3 25
$7.8M
Q2 25
$579.6K
$9.2M
Q1 25
$5.3M
Q4 24
$3.5M
Q3 24
$1.9M
Q2 24
$511.0K
$924.0K
Q1 24
$5.3M
Stockholders' Equity
IMCC
IMCC
MIND
MIND
Q4 25
$39.9M
Q3 25
$28.8M
Q2 25
$3.0M
$26.6M
Q1 25
$27.3M
Q4 24
$25.2M
Q3 24
$24.5M
Q2 24
$4.0M
$23.6M
Q1 24
$22.6M
Total Assets
IMCC
IMCC
MIND
MIND
Q4 25
$47.3M
Q3 25
$35.8M
Q2 25
$30.0M
$36.2M
Q1 25
$36.7M
Q4 24
$36.1M
Q3 24
$37.8M
Q2 24
$29.4M
$34.9M
Q1 24
$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
IMCC
IMCC
MIND
MIND
Operating Cash FlowLast quarter
$894.0K
Free Cash FlowOCF − Capex
$801.0K
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
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
IMCC
IMCC
MIND
MIND
Q4 25
$894.0K
Q3 25
$-1.2M
Q2 25
$4.1M
Q1 25
$2.1M
Q4 24
$2.3M
Q3 24
$1.1M
Q2 24
$-4.8M
Q1 24
$657.0K
Free Cash Flow
IMCC
IMCC
MIND
MIND
Q4 25
$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
IMCC
IMCC
MIND
MIND
Q4 25
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
IMCC
IMCC
MIND
MIND
Q4 25
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
IMCC
IMCC
MIND
MIND
Q4 25
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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