Mitek Systems Inc financial data

Symbol
MITK on Nasdaq
Industry
Computer Peripheral Equipment, NEC
Location
600 B Street, Suite 100, San Diego, CA
State of incorporation
DE
Fiscal year end
September 30
Latest financial report
10-Q - Q4 2024 - Feb 10, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 442 % +17.5%
Debt-to-equity 94.4 % -2%
Return On Equity 2.12 %
Return On Assets 1.09 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.2M shares
Common Stock, Shares, Outstanding 45.2M shares -3.05%
Entity Public Float 623M USD +45.2%
Common Stock, Value, Issued 45K USD -4.26%
Weighted Average Number of Shares Outstanding, Basic 45.2M shares -2.37%
Weighted Average Number of Shares Outstanding, Diluted 45.2M shares -2.37%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 172M USD +5.28%
Research and Development Expense 34.1M USD +12.9%
Selling and Marketing Expense 40.6M USD -0.7%
General and Administrative Expense 49.4M USD -2.07%
Costs and Expenses 166M USD +1.75%
Operating Income (Loss) 6.07M USD +2108%
Nonoperating Income (Expense) 5.04M USD -1.98%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.72M USD +34.9%
Income Tax Expense (Benefit) -2.74M USD -115%
Net Income (Loss) Attributable to Parent 4.46M USD +20.4%
Earnings Per Share, Basic 0.1 USD/shares +23.1%
Earnings Per Share, Diluted 0.1 USD/shares +23.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 90.6M USD +40.4%
Accounts Receivable, after Allowance for Credit Loss, Current 32.3M USD -8.28%
Other Assets, Current 2.64M USD +2.57%
Assets, Current 177M USD -4.91%
Deferred Income Tax Assets, Net 19.3M USD +44%
Property, Plant and Equipment, Net 2.42M USD -10.3%
Operating Lease, Right-of-Use Asset 2.65M USD -30.9%
Goodwill 125M USD -2.16%
Other Assets, Noncurrent 1.71M USD +17.5%
Assets 396M USD -2.33%
Accounts Payable, Current 4.98M USD -51%
Employee-related Liabilities, Current 7.54M USD +6.81%
Accrued Liabilities, Current 508K USD
Contract with Customer, Liability, Current 21.7M USD +18.4%
Liabilities, Current 38.5M USD -2.66%
Contract with Customer, Liability, Noncurrent 692K USD -34.2%
Deferred Income Tax Liabilities, Net 3.64M USD -46.1%
Operating Lease, Liability, Noncurrent 2.32M USD -17%
Other Liabilities, Noncurrent 4.14M USD +5.97%
Liabilities 195M USD +1.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13M USD -70.6%
Retained Earnings (Accumulated Deficit) -38.1M USD -153%
Stockholders' Equity Attributable to Parent 201M USD -6.03%
Liabilities and Equity 396M USD -2.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 565K USD
Net Cash Provided by (Used in) Financing Activities -3.13M USD -0.48%
Net Cash Provided by (Used in) Investing Activities 840K USD -95.3%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 45.2M shares -3.05%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.84M USD -150%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 90.6M USD +40.4%
Deferred Tax Assets, Valuation Allowance 1.22M USD -56.1%
Deferred Tax Assets, Gross 31M USD +24.7%
Operating Lease, Liability 2.96M USD -32.2%
Payments to Acquire Property, Plant, and Equipment 335K USD +39%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -900K USD -118%
Lessee, Operating Lease, Liability, to be Paid 3.59M USD -21.4%
Property, Plant and Equipment, Gross 9.04M USD -14.8%
Operating Lease, Liability, Current 639K USD -59.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 756K USD +3.28%
Lessee, Operating Lease, Liability, to be Paid, Year One 800K USD +7.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +57.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 633K USD +209%
Lessee, Operating Lease, Liability, to be Paid, Year Three 470K USD -27%
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +7.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 2.88M USD -3.42%
Lessee, Operating Lease, Liability, to be Paid, Year Four 314K USD -27.1%
Operating Lease, Payments 200K USD -66.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 15M USD -8.48%
Depreciation, Depletion and Amortization 395K USD +1.02%
Share-based Payment Arrangement, Expense 13.7M USD +19.3%
Interest Expense 9.33M USD +9.96%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%