MITK Financials: Mitek Systems Inc AI Analysis

Home

Stock

MITK

Financials

MITK Financial

Mitek Systems Inc

$14.17

0.63%

$0.08

At close: Mar 25, 16:00:00 GMT-4

$14.17

Post-market: Mar 25, 17:16:20 GMT-4

Overview Forecast Earnings Dividends Financials

Key Stats

Prev.Close

$14.08

Open

$14.34

Day's Range

$13.6 - $14.46

52 week range

$6.93 - $15.61

Volume

706.9K

Avg.Volume

774.1K

Dividend yield

EPS (TTM)

0.35

Market Cap

$642.1M

What is MITK?

Mitek Systems, Inc. engages in the development of mobile capture and digital identity verification solutions. The company is headquartered in San Diego, California and currently employs 630 full-time employees. The firm is a software development company with expertise in artificial intelligence and machine learning. The company is a global provider of solutions in the fraud prevention, digital identity verification, and cybersecurity markets. Its verification and fraud detection technology is embedded directly within mobile and Web applications, providing verification at every touchpoint in the customer lifecycle. The firm's products include Mobile Deposit, Check Fraud Defender, Mitek Verified Identity Platform (MiVIP), Mobile Verify, MiSnap, CheckReader, Check Intelligence, MiPass, IDLive Face, and IDLive Doc. Its products are used in various cases, including age verification, compliance (KYC), customer onboarding, passwordless authentication, and in-person identity verification. The company serves various industries, including financial institutions, fintech, igaming, lending, marketplace, and travel.



Features

AI Copilot for Stock & Crypto

Resources

Market

Income

Balance sheet

Cash flow

Annual

Quarterly

MITK Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	09/30/2025	09/30/2024	09/30/2023	09/30/2022	09/30/2021
Revenue	186	179	172	172	143	119
Revenue Growth (YoY)	8%	4%	0%	20%	20%	18%
Cost of Revenue	29	26	24	22	20	14
Gross Profit	157	152	147	149	123	105
Selling, General & Admin	81	83	93	82	64	54
Research & Development	34	35	34	28	30	28
Operating Expenses	130	133	143	128	107	89
Other Non Operating Income (Expenses)	5	4	6	3	0	0
Pretax Income	20	11	0	10	2	8
Income Tax Expense	4	2	-4	2	0	0
Net Income	16	8	3	8	3	8
Net Income Growth	300%	167%	-63%	167%	-63%	14%
Shares Outstanding (Diluted)	47.16	46.92	47.46	46.46	45.8	45.1
Shares Change (YoY)	4%	-1%	2%	1%	2%	6%
EPS (Diluted)	0.34	0.18	0.06	0.17	0.07	0.18
EPS Growth	326%	171%	-60%	147%	-61%	0%
Free Cash Flow	60	54	30	30	25	35
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	84.4%	84.91%	85.46%	86.62%	86.01%	88.23%
Operating Margin	14.51%	10.61%	1.74%	12.2%	11.18%	12.6%
Profit Margin	8.6%	4.46%	1.74%	4.65%	2.09%	6.72%
Free Cash Flow Margin	32.25%	30.16%	17.44%	17.44%	17.48%	29.41%
EBITDA	40	33	18	38	29	22
EBITDA Margin	21.5%	18.43%	10.46%	22.09%	20.27%	18.48%
D&A For EBITDA	13	14	15	17	13	7
EBIT	27	19	3	21	16	15
EBIT Margin	14.51%	10.61%	1.74%	12.2%	11.18%	12.6%
Effective Tax Rate	20%	18.18%	0%	20%	0%	0%

Follow-Up Questions

What are Mitek Systems Inc's key financial statements?



According to the latest financial statement (Form-10K), Mitek Systems Inc has a total asset of $459, Net profit of $8

What are the key financial ratios for MITK?



Mitek Systems Inc's Current ratio is 2.1, has a Net margin is 4.46, sales per share of $3.81.

How is Mitek Systems Inc's revenue broken down by segment or geography?



Mitek Systems Inc largest revenue segment is Deposits Software and Hardware, at a revenue of 74,108,000 in the most earnings release.For geography, United States is the primary market for Mitek Systems Inc, at a revenue of 135,344,000.

Is Mitek Systems Inc profitable?



yes, according to the latest financial statements, Mitek Systems Inc has a net profit of $8

Does Mitek Systems Inc have any liabilities?



yes, Mitek Systems Inc has liability of 218

How many outstanding shares for Mitek Systems Inc?



Mitek Systems Inc has a total outstanding shares of 45.63

Mitek Systems Inc (MITK) Financial

MITK Stock Price Chart