Mitek Systems Inc financial data

Symbol
MITK on Nasdaq
Industry
Computer Peripheral Equipment, NEC
Location
600 B Street, Suite 100, San Diego, California
State of incorporation
Delaware
Fiscal year end
September 30
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 394 % +29.4%
Debt-to-equity 95.2 % -9.98%
Return On Equity -3.5 % -165%
Return On Assets -1.79 % -168%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.8M shares
Common Stock, Shares, Outstanding 46.8M shares +3.04%
Entity Public Float 429M USD -33.1%
Common Stock, Value, Issued 47K USD +4.44%
Weighted Average Number of Shares Outstanding, Basic 46.9M shares +3.35%
Weighted Average Number of Shares Outstanding, Diluted 48M shares +4.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 165M USD -3.54%
Research and Development Expense 32.5M USD +2.52%
Selling and Marketing Expense 42.3M USD +4.85%
General and Administrative Expense 55.3M USD +67.1%
Costs and Expenses 172M USD +15.7%
Operating Income (Loss) -7.71M USD -135%
Nonoperating Income (Expense) 5.88M USD +1044%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.2M USD -181%
Income Tax Expense (Benefit) -3.78M USD -201%
Net Income (Loss) Attributable to Parent -7.38M USD -174%
Earnings Per Share, Basic -0.16 USD/shares -170%
Earnings Per Share, Diluted -0.16 USD/shares -173%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 80.9M USD -2.54%
Accounts Receivable, after Allowance for Credit Loss, Current 52.1M USD +8.76%
Other Assets, Current 2.71M USD -5.05%
Assets, Current 202M USD +25.9%
Deferred Income Tax Assets, Net 13.5M USD -21.1%
Property, Plant and Equipment, Net 2.71M USD -14.1%
Operating Lease, Right-of-Use Asset 3.31M USD -28.4%
Goodwill 126M USD -2.89%
Other Assets, Noncurrent 1.6M USD -2.49%
Assets 417M USD +3.75%
Accounts Payable, Current 9.06M USD +66.1%
Employee-related Liabilities, Current 9.59M USD +21.5%
Accrued Liabilities, Current 1.23M USD -69.3%
Contract with Customer, Liability, Current 25.7M USD +8.2%
Liabilities, Current 47.3M USD +4.31%
Contract with Customer, Liability, Noncurrent 1.02M USD -15.8%
Deferred Income Tax Liabilities, Net 6.69M USD -57.3%
Operating Lease, Liability, Noncurrent 2.59M USD -25.7%
Other Liabilities, Noncurrent 3.83M USD +141%
Liabilities 201M USD +0.98%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.6M USD +19%
Retained Earnings (Accumulated Deficit) -14.8M USD -83%
Stockholders' Equity Attributable to Parent 216M USD +6.11%
Liabilities and Equity 417M USD +3.75%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.46M USD -280%
Net Cash Provided by (Used in) Financing Activities -3.11M USD -597%
Net Cash Provided by (Used in) Investing Activities 17.9M USD -3.8%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 46.8M shares +3.04%
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 5.63M USD -77.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 80.9M USD -2.54%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.41M USD +21.4%
Deferred Tax Assets, Valuation Allowance 2.77M USD -3.45%
Deferred Tax Assets, Gross 24.9M USD +36.9%
Operating Lease, Liability 3.76M USD -31.8%
Payments to Acquire Property, Plant, and Equipment 241K USD +56.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.13M USD -253%
Lessee, Operating Lease, Liability, to be Paid 3.99M USD -30.6%
Property, Plant and Equipment, Gross 10.6M USD +11.1%
Operating Lease, Liability, Current 1.17M USD -42.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 716K USD +12.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 727K USD -57.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -4.34M USD -77.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 235K USD -2.89%
Lessee, Operating Lease, Liability, to be Paid, Year Three 629K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 11.5M USD +73.5%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 659K USD -52.9%
Current Income Tax Expense (Benefit) 6.65M USD +182%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 2.99M USD +12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 422K USD -33.5%
Operating Lease, Payments 600K USD 0%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.22M USD +274%
Current Federal Tax Expense (Benefit) 4.41M USD +1794%
Amortization of Intangible Assets 15.7M USD -12.8%
Depreciation, Depletion and Amortization 391K USD +14%
Share-based Payment Arrangement, Expense 12.6M USD +4.75%
Deferred State and Local Income Tax Expense (Benefit) -819K USD -59.6%
Interest Expense 9.33M USD +9.96%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%