MINDP - Mitcham Industries, Inc.

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue 1/31/2018 1/31/2017 1/31/2016 1/31/2015
Total Revenue 48,276 40,999 51,819 83,146
Cost of Revenue 41,642 48,413 49,150 59,892
Gross Profit 6,634 -7,414 2,669 23,254
Operating Expenses
Research Development 1,502 974 931 931
Selling General and Administrative 19,663 19,753 18,035 24,958
Non Recurring - - - -
Others - - - -
Total Operating Expenses 65,968 72,289 72,828 89,891
Operating Income or Loss -17,692 -31,290 -21,009 -6,745
Income from Continuing Operations
Total Other Income/Expenses Net -2,467 -49 -6,750 -3,441
Earnings Before Interest and Taxes -17,692 -31,290 -21,009 -6,745
Interest Expense - -643 -725 -902
Income Before Tax -20,159 -31,339 -27,759 -10,186
Income Tax Expense 910 1,814 10,977 -994
Minority Interest - - - -
Net Income From Continuing Ops -21,069 -33,153 -38,736 -9,192
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income
Net Income -21,069 -33,153 -38,736 -9,192
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares -21,974 -33,639 -38,736 -9,192