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Side-by-side financial comparison of MIND CTI LTD (MNDO) and Velo3D, Inc. (VELO). Click either name above to swap in a different company.

Velo3D, Inc. is the larger business by last-quarter revenue ($9.4M vs $4.9M, roughly 1.9× MIND CTI LTD). MIND CTI LTD runs the higher net margin — 19.4% vs -231.9%, a 251.4% gap on every dollar of revenue. MIND CTI LTD produced more free cash flow last quarter ($4.0M vs $-8.3M). Over the past eight quarters, Velo3D, Inc.'s revenue compounded faster (-1.8% CAGR vs -45.1%).

MIND CTI Ltd. is a global provider of billing and customer care solutions and messaging services for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in the United States of America, Iaşi in Romania and in Germany.

Velo3D, Inc. develops and sells advanced end-to-end metal additive manufacturing (3D printing) solutions, comprising industrial-grade printers, specialized processing software, and high-performance metal materials. It primarily serves global aerospace, defense, energy, semiconductor and industrial manufacturing markets, enabling customers to produce complex, high-precision metal parts that are difficult to manufacture with traditional methods.

MNDO vs VELO — Head-to-Head

Bigger by revenue
VELO
VELO
1.9× larger
VELO
$9.4M
$4.9M
MNDO
Higher net margin
MNDO
MNDO
251.4% more per $
MNDO
19.4%
-231.9%
VELO
More free cash flow
MNDO
MNDO
$12.3M more FCF
MNDO
$4.0M
$-8.3M
VELO
Faster 2-yr revenue CAGR
VELO
VELO
Annualised
VELO
-1.8%
-45.1%
MNDO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MNDO
MNDO
VELO
VELO
Revenue
$4.9M
$9.4M
Net Profit
$950.0K
$-21.9M
Gross Margin
55.4%
-73.6%
Operating Margin
16.5%
-231.0%
Net Margin
19.4%
-231.9%
Revenue YoY
-25.2%
Net Profit YoY
-2.9%
EPS (diluted)
$0.05
$-0.87

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
MNDO
MNDO
VELO
VELO
Q4 25
$4.9M
$9.4M
Q3 25
$16.2M
$13.6M
Q2 25
$11.0M
$13.6M
Q1 25
$9.3M
Q4 24
$5.2M
$12.6M
Q3 24
$16.0M
$8.2M
Q2 24
$10.7M
$10.3M
Q1 24
$9.8M
Net Profit
MNDO
MNDO
VELO
VELO
Q4 25
$950.0K
$-21.9M
Q3 25
$3.4M
$-11.2M
Q2 25
$2.5M
$-13.3M
Q1 25
$-25.0M
Q4 24
$1.2M
$-21.3M
Q3 24
$3.7M
$-21.9M
Q2 24
$2.5M
$935.0K
Q1 24
$-27.5M
Gross Margin
MNDO
MNDO
VELO
VELO
Q4 25
55.4%
-73.6%
Q3 25
48.3%
3.2%
Q2 25
50.6%
-11.7%
Q1 25
7.5%
Q4 24
55.6%
-3.5%
Q3 24
50.6%
49.4%
Q2 24
50.4%
-28.0%
Q1 24
-28.8%
Operating Margin
MNDO
MNDO
VELO
VELO
Q4 25
16.5%
-231.0%
Q3 25
18.8%
-73.3%
Q2 25
21.0%
-85.4%
Q1 25
-123.6%
Q4 24
25.4%
-167.0%
Q3 24
22.5%
-213.8%
Q2 24
22.2%
-187.7%
Q1 24
-211.1%
Net Margin
MNDO
MNDO
VELO
VELO
Q4 25
19.4%
-231.9%
Q3 25
20.9%
-82.0%
Q2 25
22.3%
-97.7%
Q1 25
-268.4%
Q4 24
23.8%
-168.5%
Q3 24
23.3%
-265.3%
Q2 24
23.1%
9.0%
Q1 24
-281.2%
EPS (diluted)
MNDO
MNDO
VELO
VELO
Q4 25
$0.05
$-0.87
Q3 25
$0.16
$-0.65
Q2 25
$0.12
$-0.94
Q1 25
$-1.87
Q4 24
$0.06
$7.06
Q3 24
$0.18
$-35.52
Q2 24
$0.12
$1.65
Q1 24
$-55.51

Balance Sheet & Financial Strength

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

Metric
MNDO
MNDO
VELO
VELO
Cash + ST InvestmentsLiquidity on hand
$8.3M
$39.0M
Total DebtLower is stronger
$31.0M
Stockholders' EquityBook value
$23.0M
$38.2M
Total Assets
$30.2M
$105.3M
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNDO
MNDO
VELO
VELO
Q4 25
$8.3M
$39.0M
Q3 25
$4.5M
$11.8M
Q2 25
$4.5M
$854.0K
Q1 25
$3.9M
Q4 24
$4.6M
$1.2M
Q3 24
$3.0M
$1.6M
Q2 24
$3.0M
$3.2M
Q1 24
$10.9M
Total Debt
MNDO
MNDO
VELO
VELO
Q4 25
$31.0M
Q3 25
$23.0M
Q2 25
$22.5M
Q1 25
$21.7M
Q4 24
$5.7M
Q3 24
$32.3M
Q2 24
$33.5M
Q1 24
$44.0M
Stockholders' Equity
MNDO
MNDO
VELO
VELO
Q4 25
$23.0M
$38.2M
Q3 25
$24.3M
$29.9M
Q2 25
$24.3M
$21.4M
Q1 25
$32.8M
Q4 24
$24.3M
$39.7M
Q3 24
$24.5M
$34.4M
Q2 24
$24.5M
$52.1M
Q1 24
$45.5M
Total Assets
MNDO
MNDO
VELO
VELO
Q4 25
$30.2M
$105.3M
Q3 25
$30.7M
$93.7M
Q2 25
$30.7M
$78.4M
Q1 25
$91.3M
Q4 24
$30.7M
$89.2M
Q3 24
$31.6M
$110.8M
Q2 24
$31.6M
$116.7M
Q1 24
$136.1M
Debt / Equity
MNDO
MNDO
VELO
VELO
Q4 25
0.81×
Q3 25
0.77×
Q2 25
1.05×
Q1 25
0.66×
Q4 24
0.14×
Q3 24
0.94×
Q2 24
0.64×
Q1 24
0.97×

Cash Flow & Capital Efficiency

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

Metric
MNDO
MNDO
VELO
VELO
Operating Cash FlowLast quarter
$4.0M
$-7.7M
Free Cash FlowOCF − Capex
$4.0M
$-8.3M
FCF MarginFCF / Revenue
81.0%
-88.3%
Capex IntensityCapex / Revenue
0.6%
6.4%
Cash ConversionOCF / Net Profit
4.20×
TTM Free Cash FlowTrailing 4 quarters
$14.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNDO
MNDO
VELO
VELO
Q4 25
$4.0M
$-7.7M
Q3 25
$3.8M
$-6.0M
Q2 25
$2.9M
$-1.2M
Q1 25
$-12.3M
Q4 24
$4.1M
$-2.2M
Q3 24
$3.4M
$-2.0M
Q2 24
$2.4M
$-8.0M
Q1 24
$-20.5M
Free Cash Flow
MNDO
MNDO
VELO
VELO
Q4 25
$4.0M
$-8.3M
Q3 25
$3.8M
$-6.3M
Q2 25
$2.9M
$-3.0M
Q1 25
Q4 24
$4.1M
$-2.2M
Q3 24
$3.3M
$-2.0M
Q2 24
$2.4M
$-8.0M
Q1 24
$-20.5M
FCF Margin
MNDO
MNDO
VELO
VELO
Q4 25
81.0%
-88.3%
Q3 25
23.4%
-46.5%
Q2 25
25.8%
-22.2%
Q1 25
Q4 24
78.9%
-17.7%
Q3 24
20.8%
-24.2%
Q2 24
22.1%
-77.1%
Q1 24
-209.8%
Capex Intensity
MNDO
MNDO
VELO
VELO
Q4 25
0.6%
6.4%
Q3 25
0.0%
2.3%
Q2 25
0.0%
13.3%
Q1 25
0.0%
Q4 24
0.2%
0.2%
Q3 24
0.3%
0.2%
Q2 24
0.4%
0.0%
Q1 24
0.1%
Cash Conversion
MNDO
MNDO
VELO
VELO
Q4 25
4.20×
Q3 25
1.12×
Q2 25
1.16×
Q1 25
Q4 24
3.32×
Q3 24
0.91×
Q2 24
0.97×
-8.52×
Q1 24

Financial Flow Comparison

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

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