MindWalk Holdings Corp. (HYFT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 4.09M | 4.12M | 3.16M | 6.98M | 6.15M | 2.68M | 2.47M | 6.46M | 6.22M | 6.15M | 5.69M | 5.62M | 5.17M | 5.18M | 4.69M | 5.24M | 4.82M | 4.72M | 4.59M | 4.88M |
| Revenue Growth % | -33.5% | 53.94% | 27.82% | 8.08% | -1.13% | -56.44% | -56.52% | 14.91% | 20.31% | 18.63% | 21.31% | 7.29% | 7.39% | 9.78% | 2.2% | 7.43% | 6.64% | -0.69% | 21.86% | 17.65% |
| Cost of Goods Sold | 1.67M | 1.46M | 1.63M | 2.52M | 2.86M | 1.31M | 1.46M | 3.35M | 3.02M | 3.2M | 2.89M | 2.28M | 2.21M | 2.4M | 2.21M | 1.92M | 2.23M | 2.15M | 2.08M | 2.1M |
| COGS % of Revenue | 40.74% | 35.45% | 51.69% | 36.11% | 46.43% | 48.9% | 59.16% | 51.88% | 48.61% | 51.97% | 50.86% | 40.56% | 42.68% | 46.39% | 47.13% | 36.71% | 46.29% | 45.47% | 45.38% | 43.06% |
| Gross Profit | 2.42M | 2.66M | 1.53M | 4.46M | 3.29M | 1.37M | 1.01M | 3.11M | 3.2M | 2.95M | 2.79M | 3.34M | 2.96M | 2.78M | 2.48M | 3.32M | 2.59M | 2.58M | 2.51M | 2.78M |
| Gross Margin % | 59.26% | 64.55% | 48.31% | 63.89% | 53.57% | 51.1% | 40.84% | 48.12% | 51.39% | 48.03% | 49.14% | 59.44% | 57.32% | 53.61% | 52.87% | 63.29% | 53.71% | 54.53% | 54.62% | 56.94% |
| Gross Profit Growth % | -26.44% | 94.45% | 51.19% | 43.5% | 3.07% | -53.66% | -63.86% | -6.97% | 7.86% | 6.3% | 12.75% | 0.75% | 14.62% | 7.92% | -1.08% | 19.42% | -27.4% | -7.67% | 3.98% | 42.85% |
| Operating Expenses | 6.04M | 5.42M | 5.68M | 5.92M | 6.59M | 5.42M | 5.75M | 6.62M | 6.54M | 2.95M | 2.79M | 9.39M | 7.52M | 10.59M | 12.28M | 7.47M | 6.86M | 7.24M | 5.88M | 5.25M |
| OpEx % of Revenue | 147.62% | 131.55% | 179.69% | 84.77% | 107.1% | 202.43% | 232.35% | 102.55% | 105.08% | 48.03% | 49.14% | 167.05% | 145.47% | 204.26% | 261.91% | 142.64% | 142.41% | 153.41% | 128.18% | 107.57% |
| Selling, General & Admin | 4.84M | 4.21M | 4.64M | 4.74M | 4.9M | 3.91M | 3.89M | 5.03M | 4.83M | 4.23M | 5.05M | 7.6M | 4.95M | 4.65M | 5.25M | 5.84M | 4.33M | 3.71M | 4.02M | 4.5M |
| SG&A % of Revenue | 118.42% | 102.13% | 146.69% | 67.88% | 79.73% | 145.95% | 157.42% | 77.84% | 77.59% | 68.76% | 88.78% | 135.15% | 95.69% | 89.66% | 112.05% | 111.47% | 89.99% | 78.67% | 87.66% | 92.25% |
| Research & Development | 1.19M | 1.23M | 1.05M | 1.09M | 1.06M | 1.01M | 1.49M | 927K | 1M | 835K | 947K | 502K | 1.56M | 5M | 6.18M | 906K | 2.06M | 3.04M | 1.12M | 615.47K |
| R&D % of Revenue | 29.2% | 29.7% | 33.19% | 15.6% | 17.18% | 37.55% | 60.21% | 14.35% | 16.09% | 13.58% | 16.65% | 8.93% | 30.23% | 96.49% | 131.9% | 17.29% | 42.74% | 64.46% | 24.39% | 12.62% |
| Other Operating Expenses | 0 | -12K | -6K | 90K | 627K | 507K | 364K | 669K | 709K | -1000K | -1000K | 1000K | 1000K | 939K | 842K | 727K | 466K | 485K | 740K | 131.56K |
| Operating Income | -3.61M | -2.76M | -4.15M | -1.46M | -3.29M | -4.05M | -4.74M | -3.52M | -3.34M | -2.08M | 0 | -6.05M | -4.56M | -7.81M | -9.8M | -4.16M | -4.27M | -4.67M | -3.38M | -2.47M |
| Operating Margin % | -88.36% | -67% | -131.38% | -20.89% | -53.54% | -151.33% | -191.51% | -54.44% | -53.69% | -33.8% | - | -107.61% | -88.15% | -150.66% | -209.04% | -79.35% | -88.7% | -98.88% | -73.56% | -50.62% |
| Operating Income Growth % | -9.75% | 31.85% | 12.31% | 58.53% | 1.41% | -95.03% | - | 41.87% | 26.72% | 73.38% | 100% | -45.51% | -6.72% | -67.27% | -190.43% | -68.39% | -347.69% | -608.5% | -3529.03% | -77.92% |
| EBITDA | -3.4M | -2.56M | -3.21M | -545K | -1.9M | -2.64M | -3.34M | -1.94M | -2.03M | -725.68K | -2.27M | -4.07M | -2.87M | -6.35M | -8.25M | -3.23M | -3.32M | -3.73M | -2.42M | -1.58M |
| EBITDA Margin % | -83.14% | -61.98% | -101.58% | -7.81% | -30.84% | -98.54% | -135.06% | -29.99% | -32.65% | -11.8% | -39.94% | -72.34% | -55.5% | -122.42% | -175.99% | -61.67% | -68.99% | -79.03% | -52.7% | -32.35% |
| EBITDA Growth % | -79.27% | 3.18% | 3.86% | 71.86% | 6.6% | -263.8% | -47.01% | 52.36% | 29.23% | 88.56% | 72.47% | -25.84% | 13.61% | -70.04% | -241.27% | -104.82% | -18355.56% | -1284.76% | -395.24% | -3444.72% |
| D&A (Non-Cash Add-back) | 213.47K | 207K | 942K | 913K | 1.4M | 1.41M | 1.4M | 1.58M | 1.31M | 1.35M | 1.49M | 1.98M | 1.69M | 1.46M | 1.55M | 926K | 949K | 937K | 957K | 891.15K |
| EBIT | -3.88M | -3.19M | -4.18M | -1.9M | -24.36M | -4.16M | -4.88M | -18.82M | -3.45M | -2.59M | -3.77M | -5.87M | -4.59M | -7.48M | -9.78M | -4.27M | -3.6M | -4.8M | -2.94M | -3.83M |
| Net Interest Income | 0 | 35K | 5K | -1.94K | -3.11K | -3.06K | -2.03K | -4.03K | -4.97K | -5.06K | 8K | -27.15K | 39K | 36K | -47.84K | 13.17K | 43.14K | -95.39K | -100.65K | -141.26K |
| Interest Income | 0 | 35K | 5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110.42K | 160.52K | 5.9K | 4.07K | 0 |
| Interest Expense | 0 | 0 | 0 | 1.94K | 3.11K | 3.06K | 2.03K | 4.03K | 4.97K | 5.06K | 5K | 27.15K | 0 | 0 | 47.84K | 97.25K | 117.38K | 101.29K | 104.72K | 141.26K |
| Other Income/Expense | -269.54K | -431K | -26K | -442K | -21.24M | -224K | -142K | -15.31M | -117K | -2.59M | -3.83M | 153K | -37K | 333K | 18K | -212K | 653K | -150K | 333K | -1.54M |
| Pretax Income | -3.88M | -3.19M | -4.18M | -1.9M | -24.54M | -4.28M | -4.88M | -18.82M | -3.46M | -2.59M | -3.83M | -5.9M | -4.59M | -7.48M | -9.78M | -4.37M | -3.62M | -4.82M | -3.04M | -4.01M |
| Pretax Margin % | -94.95% | -77.45% | -132.2% | -27.22% | -398.88% | -159.69% | -197.25% | -291.41% | -55.57% | -42.13% | -67.35% | -104.89% | -88.86% | -144.23% | -208.66% | -83.39% | -75.14% | -102.05% | -66.3% | -82.26% |
| Income Tax | -17.71K | 25K | -91K | 261K | -3.01M | -731K | -666K | -777K | -778K | -182K | -415K | -767K | 104K | -126K | -403K | 275K | 208K | 190K | 188K | 1.02M |
| Effective Tax Rate % | 0.46% | -0.78% | 2.18% | -13.74% | 12.28% | 17.09% | 13.65% | 4.13% | 22.51% | 7.02% | 10.83% | 13.01% | -2.26% | 1.69% | 4.12% | -6.29% | -5.75% | -3.94% | -6.18% | -25.45% |
| Net Income | -3.87M | -3.19M | -2.96M | -2.16M | -21.52M | -2.55M | -4M | -18.05M | -2.68M | -2.41M | -3.42M | -5.13M | -4.7M | -7.35M | -9.38M | -4.64M | -3.83M | -5.01M | -3.23M | -5.03M |
| Net Margin % | -94.52% | -77.47% | -93.61% | -30.96% | -349.88% | -95.3% | -161.71% | -279.38% | -43.06% | -39.17% | -60.06% | -91.25% | -90.87% | -141.8% | -200.06% | -88.64% | -79.46% | -106.08% | -70.4% | -103.2% |
| Net Income Growth % | 82.04% | -25.15% | 26.01% | 88.02% | -703.32% | -5.98% | -17.07% | -251.82% | 42.99% | 67.23% | 63.59% | -10.44% | -22.82% | -46.76% | -190.43% | 7.72% | -195.67% | -979.53% | -488.34% | -432.09% |
| Net Income (Continuing) | -3.87M | -3.22M | -4.09M | -2.16M | -21.52M | -3.55M | -4.21M | -18.05M | -2.68M | -2.41M | -3.42M | -5.13M | -4.7M | -7.35M | -9.38M | -4.64M | -3.83M | -5.01M | -3.23M | -5.03M |
| Discontinued Operations | 0 | 24K | 1000K | 0 | 0 | 994K | 213K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -0.07 | -0.07 | -0.06 | -0.68 | -0.09 | -0.15 | -0.66 | -0.10 | -0.10 | -0.14 | -0.20 | -0.19 | -0.30 | -0.38 | -0.22 | -0.20 | -0.26 | -0.17 | -0.30 |
| EPS Growth % | 87.78% | 24.43% | 53.33% | 90.39% | -580% | 7.5% | -7.14% | -230% | 47.37% | 66.67% | 63.16% | 9.09% | 5% | -15.38% | -123.53% | 26.67% | -161.1% | -778.38% | -348.55% | -331.03% |
| EPS (Basic) | -0.08 | -0.07 | -0.07 | -0.06 | -0.68 | -0.09 | -0.15 | -0.66 | -0.10 | -0.10 | -0.14 | -0.20 | -0.19 | -0.30 | -0.38 | -0.22 | -0.20 | -0.26 | -0.17 | -0.30 |
| Diluted Shares Outstanding | 46.52M | 46.16M | 39.64M | 33.12M | 32.85M | 28.13M | 27.13M | 26.95M | 25.8M | 25.05M | 24.74M | 25.03M | 24.95M | 24.87M | 24.74M | 20.76M | 19.43M | 19.34M | 19.22M | 16.9M |
| Basic Shares Outstanding | 46.52M | 46.16M | 39.64M | 33.12M | 32.85M | 28.13M | 27.13M | 26.95M | 25.8M | 25.05M | 24.74M | 25.03M | 24.95M | 24.87M | 24.74M | 20.76M | 19.43M | 19.34M | 19.22M | 16.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |