Promethean
UK maker of interactive classroom displays and teaching software, owned by Mynd.ai.
A hardware maker in freefall, losing share to bigger rivals and being priced out by free AI tools, with a delisting deadline now on the calendar.
Promethean sells interactive flat panels (big touch screens) that schools use for teaching. The company is not hard to replace because ViewSonic and SMART Technologies make similar screens at lower prices, and Google Classroom plus Microsoft Teams now do much of what Promethean's software does for free or cheap. The one thing that could change this is if Promethean stabilizes its falling sales and gets its parent company Mynd.ai past a deadline in late 2027 to fix its financial problems, otherwise the company will be delisted from the stock exchange and likely shut down.
Revenue figures in H2 2026 and H1 2027 earnings releases. Indicates whether the 59% two-year revenue collapse is stabilizing or continuing.
Disclosure of Augment Me/AI-analytics subscription ARR or attach rates. Would show whether Promethean has a real recurring-revenue offset to hardware decline.
- Revenue fell to $167.9M, down 59% in two years
- Operating margin negative 29.8%
- Stockholders' deficit of $17.5M
- NYSE American delisting due to stockholders deficit, cure deadline December 2, 2027.
- Revenue collapsed 59% from FY2023 to FY2025 with no stabilization yet shown.
- Headcount down 30% since 2023 with negative employee sentiment signaling further restructuring.
- K-12 customer budget cuts cited as driver of 2025 revenue decline.
- Core lesson-authoring software features exposed to commoditization by generic LLMs and platform AI.
| Rival | Direction | Evidence |
|---|---|---|
| ViewSonic | losing to | ViewSonic claims global #1 IFPD market share ex-China for 3rd straight year through 2025 (vendor-claimed, Feb 2026) |
| SMART Technologies | contesting | Named co-leader alongside Promethean in interactive whiteboard market, third-party research, 2026 |
| gaining on | Google Workspace/ChromeOS native tools threaten to commoditize IFPD software layer; Promethean partnered with Google May 2025 | |
| Microsoft | gaining on | Teams Rooms and Copilot for Education absorb collaboration/AI value once tied to standalone panel software |
| BenQ, Newline, MAXHUB (China OEMs) | gaining on | Named as price-competitive panel makers in market comparisons, 2025-2026 |
- Is Promethean profitable in 2025?
- No. Promethean's parent Mynd.ai reported a FY2025 net loss of $54.1M on revenue of $167.9M, with operating margin at -29.8% and gross margin at 21.0%, as of December 31, 2025, per Mynd.ai financial filings.
- Could AI replace Promethean's classroom software?
- Much of Promethean's lesson-authoring and formative-assessment software is the type of workflow generic LLMs and platform tools like Google Workspace or Microsoft Copilot for Education increasingly automate, though Promethean itself launched an AI feature, Augment Me, in December 2025 to compete.
- Who owns Promethean?
- Promethean operates as a brand under Mynd.ai, Inc. (NYSE American: MYND), which is majority controlled by NetDragon Websoft Holdings Limited. NetDragon originally bought Promethean World Ltd. for $130 million, completing the deal in November 2015.
- Is Promethean losing market share to competitors?
- Yes. Revenue fell 59% from $411.8M in FY2023 to $167.9M in FY2025. ViewSonic states it has held the #1 global interactive-display market share position, excluding China, for three consecutive years through 2025.
- Is it safe to take a job at Promethean right now?
- Caution warranted: Promethean's global headcount fell about 30%, from 1,195 employees in 2023 to roughly 836 in December 2025, per Revelio Labs, alongside falling revenue and an active NYSE American delisting notice issued June 2, 2026.
- Is Mynd.ai at risk of being delisted from NYSE American?
- Yes. Mynd.ai received a non-compliance notice on June 2, 2026 over a stockholders' deficit of $(17.5M) and repeat losses. It faces a compliance plan deadline of July 2, 2026 and a final cure deadline of December 2, 2027.
- 2026-06-05Mynd.ai receives NYSE American non-compliance notice over $(17.5M) stockholders deficit
- 2026-05-29Mynd.ai regains NYSE American compliance after filing delayed FY2025 Form 20-F
- 2025-12-01Promethean launches Augment Me AI integration inside Explain Everything
- 2025-11-17Promethean announces AI partnership and strategy with Augment Me Inc.
- 2025-06-30Promethean launches ActivPanel D-Series digital signage with Rise Vision
- 2025-06-09Promethean launches lower-cost Android-based ActivPanel LE panel
- 2025-05-07Promethean partners with Google on ChromeOS Chromebox compute device
- 2025-01-06Promethean launches ActivPanel 10 and Promethean ActivSuite
- 2023-04-19NetDragon announces spin-off/merger of Promethean into Gravitas, forming Mynd.ai
- 2015-11-03NetDragon completes $130M acquisition of Promethean World Ltd.
- MYND Financials: Income Statement, Balance Sheet & Cash Flow (2026-07-11)
- Mynd Announces 2025 First Half Results (2025-08-27)
- Mynd.ai Receives NYSE American Non-Compliance Notice (2026-06-05)
- Mynd.ai Inc. ADR Quarterly Income Statement - WSJ (2025-11-17)
- Promethean Number of Employees 2026 (2026-06-29)
- Introducing ActivPanel 10 and Promethean ActivSuite (2025-01-06)
- Mynd.ai's Promethean Brand Advances AI Strategy with launch of Augment Me Integration (2025-11-17)
- ViewSonic Retains Global No. 1 Interactive Display Market Position (2026-02-12)
- Mynd.ai Regains Compliance with NYSE American Filing Requirements (2026-05-29)