Mastermind Operating Income Up $753,000 for Fiscal Year 2022


ATLANTA–(BUSINESS WIRE)–$MMND #Influencer–Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for its fiscal year ending September 30, 2022.

Highlights for the 12-month period ending September 30, 2022 include:

  • Operating income was $738,000, an increase of $753,000 or 5020% over the comparable period in 2021
  • Revenue was $4,540,000, an increase of 19% over the comparable period in 2021
  • Gross profit was $3,006,000 an increase of 29% the comparable period in 2021
  • Stockholders’ equity was $2,694,000 an increase of 41% over the comparable period in 2021

“Mastermind has done an outstanding job of using influencer, content, social and mobile marketing to drive results for blue-chip clients,” said Mike Gelfond, president of Mastermind. “We are on a trajectory of growth, with operating income up $753,000, which is more than 5000% higher than where we were last year. We’re also excited about recent business acquisition news and others in our pipeline, which position us well for continued growth and success.”

Detailed financial information can be found in Mastermind’s Annual Report on Form 10-K for the period ended September 30, 2022, as filed with the Securities Exchange Commission on January 12, 2023.

About Mastermind, Inc.

Mastermind, Inc. provides thinking that drives results for leading marketers. It has 40 years of experience in dozens of industries helping drive results for leading brands. Mastermind has a total, data-driven approach that drives brand consideration, trial, loyalty, and advocacy. The company has extensive marketing expertise in Content, Digital, Mobile, Influencer, Social, Promotion, Channel Optimization, and Digital Issues Management. This allows Mastermind to create and execute multi-dimensional campaigns that drive results. For more information about Mastermind, Inc., please visit:

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