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 - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 424 % +30.5%
Debt-to-equity 93.8 % -8.78%
Return On Equity -3.19 % -163%
Return On Assets -1.65 % -166%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.2M shares +1.53%
Common Stock, Shares, Outstanding 46.1M shares +1.41%
Entity Public Float 429M USD -33.1%
Common Stock, Value, Issued 46K USD +2.22%
Weighted Average Number of Shares Outstanding, Basic 47M shares +2.21%
Weighted Average Number of Shares Outstanding, Diluted 48.3M shares +3.95%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 167M USD -4.59%
Research and Development Expense 35.1M USD +13.9%
Selling and Marketing Expense 42.3M USD +7.44%
General and Administrative Expense 56.3M USD +47.8%
Costs and Expenses 175M USD +15.4%
Operating Income (Loss) -8.77M USD -139%
Nonoperating Income (Expense) 6.39M USD +373%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.7M USD -177%
Income Tax Expense (Benefit) -4.94M USD -191%
Net Income (Loss) Attributable to Parent -6.74M USD -169%
Earnings Per Share, Basic -0.15 USD/shares -168%
Earnings Per Share, Diluted -0.15 USD/shares -171%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 84.4M USD -3.59%
Accounts Receivable, after Allowance for Credit Loss, Current 41.6M USD -8.3%
Other Assets, Current 2.68M USD -5.2%
Assets, Current 196M USD +9.79%
Deferred Income Tax Assets, Net 13.3M USD -28.5%
Property, Plant and Equipment, Net 2.6M USD -13.7%
Operating Lease, Right-of-Use Asset 2.85M USD -34.3%
Goodwill 126M USD -4%
Other Assets, Noncurrent 1.45M USD -5.68%
Assets 409M USD -1.98%
Accounts Payable, Current 6.28M USD -18.9%
Employee-related Liabilities, Current 10.9M USD +14%
Accrued Liabilities, Current 1.23M USD -69.3%
Contract with Customer, Liability, Current 23.7M USD +16.1%
Liabilities, Current 43.9M USD -18.2%
Contract with Customer, Liability, Noncurrent 1.26M USD -38.9%
Deferred Income Tax Liabilities, Net 6.7M USD -58.1%
Operating Lease, Liability, Noncurrent 2.41M USD -18.8%
Other Liabilities, Noncurrent 3.79M USD +141%
Liabilities 200M USD -4.88%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.87M USD -3.89%
Retained Earnings (Accumulated Deficit) -24.6M USD -189%
Stockholders' Equity Attributable to Parent 210M USD +0.64%
Liabilities and Equity 409M USD -1.98%

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 46.1M shares +1.41%
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 84.4M USD -3.59%
Deferred Tax Assets, Valuation Allowance 2.77M USD -3.45%
Deferred Tax Assets, Gross 24.9M USD +36.9%
Operating Lease, Liability 3.16M USD -38%
Payments to Acquire Property, Plant, and Equipment 241K USD +56.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -7.11M USD -139%
Lessee, Operating Lease, Liability, to be Paid 3.3M USD -37.9%
Property, Plant and Equipment, Gross 10.6M USD +11.1%
Operating Lease, Liability, Current 747K USD -64.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 711K USD +11.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 722K USD -60.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 143K USD -36.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 625K USD -0.32%
Deferred Tax Assets, Operating Loss Carryforwards 11.5M USD +73.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 2.99M USD +12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 418K USD -33.9%
Operating Lease, Payments 600K USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 15.1M USD -14.3%
Depreciation, Depletion and Amortization 391K USD +14%
Share-based Payment Arrangement, Expense 13.6M USD +23.2%
Interest Expense 9.33M USD +9.96%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%