MITEK SYSTEMS INC financial data

Symbol
MITK on Nasdaq
Location
San Diego, CA
Fiscal year end
30 September
Latest financial report
10-Q - Q2 2025 - 07 Aug 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 167% % -61%
Debt-to-equity 93% % -1.3%
Return On Equity 7.1% %
Return On Assets 3.7% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45,647,049 shares -1.2%
Common Stock, Shares, Outstanding 45,621,504 shares -1.1%
Entity Public Float $622,633,680 USD 45%
Common Stock, Value, Issued $46,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 45,894,000 shares -2.4%
Weighted Average Number of Shares Outstanding, Diluted 46,848,000 shares -3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $178,134,000 USD 7%
Research and Development Expense $33,122,000 USD -5.5%
Selling and Marketing Expense $40,900,000 USD -3.4%
General and Administrative Expense $43,158,000 USD -23%
Costs and Expenses $158,319,000 USD -9.7%
Operating Income (Loss) $19,815,000 USD 419%
Nonoperating Income (Expense) $5,329,000 USD -17%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $15,506,000 USD
Income Tax Expense (Benefit) $3,000 USD 100%
Net Income (Loss) Attributable to Parent $15,509,000 USD 1009%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $127,124,000 USD 51%
Accounts Receivable, after Allowance for Credit Loss, Current $40,207,000 USD -3.4%
Other Assets, Current $2,737,000 USD 2.1%
Assets, Current $225,861,000 USD 15%
Deferred Income Tax Assets, Net $26,261,000 USD 98%
Property, Plant and Equipment, Net $2,263,000 USD -13%
Operating Lease, Right-of-Use Asset $2,331,000 USD -18%
Goodwill $134,683,000 USD 6.7%
Other Assets, Noncurrent $1,801,000 USD 25%
Assets $446,715,000 USD 9.2%
Accounts Payable, Current $3,554,000 USD -43%
Employee-related Liabilities, Current $13,687,000 USD 26%
Accrued Liabilities, Current $426,000 USD
Contract with Customer, Liability, Current $25,925,000 USD 9.2%
Liabilities, Current $198,804,000 USD 353%
Contract with Customer, Liability, Noncurrent $843,000 USD -33%
Deferred Income Tax Liabilities, Net $2,890,000 USD -57%
Operating Lease, Liability, Noncurrent $2,063,000 USD -14%
Other Liabilities, Noncurrent $4,523,000 USD 19%
Liabilities $209,123,000 USD 4.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax $2,340,000 USD
Retained Earnings (Accumulated Deficit) $26,590,000 USD -7.9%
Stockholders' Equity Attributable to Parent $237,592,000 USD 13%
Liabilities and Equity $446,715,000 USD 9.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $565,000 USD
Net Cash Provided by (Used in) Financing Activities $3,129,000 USD -0.48%
Net Cash Provided by (Used in) Investing Activities $840,000 USD -95%
Common Stock, Shares Authorized 120,000,000 shares 0%
Common Stock, Shares, Issued 45,621,504 shares -1.1%
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 $2,839,000 USD -150%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $127,124,000 USD 51%
Deferred Tax Assets, Valuation Allowance $1,215,000 USD -56%
Deferred Tax Assets, Gross $31,026,000 USD 25%
Operating Lease, Liability $2,723,000 USD -14%
Payments to Acquire Property, Plant, and Equipment $335,000 USD 39%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $27,723,000 USD
Lessee, Operating Lease, Liability, to be Paid $3,252,000 USD -1.4%
Property, Plant and Equipment, Gross $9,042,000 USD -15%
Operating Lease, Liability, Current $660,000 USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year Two $790,000 USD 11%
Lessee, Operating Lease, Liability, to be Paid, Year One $844,000 USD 17%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 179%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $529,000 USD 270%
Lessee, Operating Lease, Liability, to be Paid, Year Three $479,000 USD -23%
Deferred Tax Assets, Operating Loss Carryforwards $12,437,000 USD 7.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1,000,000 shares 0%
Unrecognized Tax Benefits $2,883,000 USD -3.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four $314,000 USD -25%
Operating Lease, Payments $200,000 USD -67%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $14,666,000 USD -2.6%
Depreciation, Depletion and Amortization $395,000 USD 1%
Share-based Payment Arrangement, Expense $14,960,000 USD 10%
Interest Expense $9,329,000 USD 10%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%