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-K - Q3 2024 - Dec 16, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 444 % +28.1%
Debt-to-equity 92.6 % -6.76%
Return On Equity 1.53 % -61.3%
Return On Assets 0.8 % -60.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.9M shares
Common Stock, Shares, Outstanding 45M shares -1.3%
Entity Public Float 623M USD +45.2%
Common Stock, Value, Issued 45K USD -2.17%
Weighted Average Number of Shares Outstanding, Basic 46.6M shares +1.22%
Weighted Average Number of Shares Outstanding, Diluted 47.5M shares +0.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 172M USD -0.27%
Research and Development Expense 34.6M USD +19.5%
Selling and Marketing Expense 40.8M USD +0.54%
General and Administrative Expense 53M USD +22.3%
Costs and Expenses 170M USD +8.19%
Operating Income (Loss) 2.23M USD -85.7%
Nonoperating Income (Expense) 6.12M USD +59.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -909K USD -109%
Income Tax Expense (Benefit) -4.19M USD -281%
Net Income (Loss) Attributable to Parent 3.28M USD -59.1%
Earnings Per Share, Basic 0.07 USD/shares -61.1%
Earnings Per Share, Diluted 0.07 USD/shares -58.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 93.5M USD +58.6%
Accounts Receivable, after Allowance for Credit Loss, Current 31.7M USD -1.4%
Other Assets, Current 2.7M USD +12.6%
Assets, Current 185M USD -2.61%
Deferred Income Tax Assets, Net 19.1M USD +64.4%
Property, Plant and Equipment, Net 2.56M USD -9.37%
Operating Lease, Right-of-Use Asset 4.66M USD +12.6%
Goodwill 132M USD +6.5%
Other Assets, Noncurrent 1.59M USD -3.46%
Assets 414M USD +2.07%
Accounts Payable, Current 7.24M USD -4.65%
Employee-related Liabilities, Current 10.3M USD -2.18%
Accrued Liabilities, Current 424K USD +1531%
Contract with Customer, Liability, Current 21.2M USD +22.3%
Liabilities, Current 42.1M USD -18.2%
Contract with Customer, Liability, Noncurrent 753K USD -21.3%
Deferred Income Tax Liabilities, Net 3.89M USD -39.9%
Operating Lease, Liability, Noncurrent 4.23M USD +47.5%
Other Liabilities, Noncurrent 4.33M USD +50.7%
Liabilities 199M USD -0.62%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.3M USD +83.8%
Retained Earnings (Accumulated Deficit) -30.3M USD -225%
Stockholders' Equity Attributable to Parent 215M USD +4.69%
Liabilities and Equity 414M USD +2.07%

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 45M shares -1.3%
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 93.5M USD +58.6%
Deferred Tax Assets, Valuation Allowance 1.22M USD -56.1%
Deferred Tax Assets, Gross 31M USD +24.7%
Operating Lease, Liability 5.04M USD +4.9%
Payments to Acquire Property, Plant, and Equipment 241K USD +56.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 15.2M USD -30.9%
Lessee, Operating Lease, Liability, to be Paid 5.69M USD +13.7%
Property, Plant and Equipment, Gross 9.04M USD -14.8%
Operating Lease, Liability, Current 805K USD -57.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.19M USD +67%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.01M USD -49.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 652K USD +180%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.14M USD +62.8%
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 840K USD +36.4%
Operating Lease, Payments 600K USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 15.2M USD -10.8%
Depreciation, Depletion and Amortization 391K USD +14%
Share-based Payment Arrangement, Expense 12.6M USD +20.7%
Interest Expense 9.33M USD +9.96%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%