Mitek Systems, Inc.
General ticker "MITK" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $436.0M (TTM average)
Mitek Systems, Inc. follows the US Stock Market performance with the rate: 38.3%.
Estimated limits based on current volatility of 1.2%: low 9.05$, high 9.27$
Factors to consider:
- Earnings expected soon, date: 2025-12-15 bmo
- Total employees count: 630 as of 2024
- US accounted for 78.7% of revenue in the fiscal year ended 2024-09-30
- Top business risk factors: Dependence on core technologies, Product defects, Geopolitical risks, Economic downturns and volatility, Market competition
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-09-30 to 2026-09-30
- 2024-09-30 to 2025-09-30 estimated range: [7.02$, 11.76$]
- 2025-09-30 to 2026-09-30 estimated range: [6.60$, 11.15$]
Financial Metrics affecting the MITK estimates:
- Positive: with PPE of 8.9 at the end of fiscal year the price was very low
- Positive: -3.60 < Operating profit margin, % of 1.30
- Negative: negative Industry operating cash flow (median)
- Negative: negative Industry operating income (median)
- Negative: Industry inventory ratio change (median), % of 0.37 > 0.28
- Positive: 41.86 < Shareholder equity ratio, % of 51.92 <= 63.39
- Negative: Industry earnings per price (median), % of 0 <= 0
- Positive: 6.82 < Operating cash flow per share per price, % of 7.92
Short-term MITK quotes
Long-term MITK plot with estimates
Financial data
| YTD | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating Revenue | $144.80MM | $172.55MM | $172.08MM |
| Operating Expenses | $132.60MM | $156.99MM | $169.85MM |
| Operating Income | $12.20MM | $15.56MM | $2.23MM |
| Non-Operating Income | $-8.60MM | $-5.22MM | $-3.14MM |
| Interest Expense | $8.23MM | $9.06MM | $9.26MM |
| R&D Expense | $30.19MM | $28.99MM | $34.64MM |
| Income(Loss) | $3.60MM | $10.34MM | $-0.91MM |
| Taxes | $-0.09MM | $2.31MM | $-4.19MM |
| Profit(Loss)* | $4.36MM | $8.03MM | $3.28MM |
| Stockholders Equity | $170.98MM | $205.19MM | $214.80MM |
| Inventory | $2.00MM | $0.00MM | $0.00MM |
| Assets | $364.48MM | $405.38MM | $413.75MM |
| Operating Cash Flow | $21.12MM | $31.59MM | $31.69MM |
| Capital expenditure | $1.13MM | $1.03MM | $1.44MM |
| Investing Cash Flow | $1.70MM | $-6.78MM | $28.75MM |
| Financing Cash Flow | $-21.14MM | $1.70MM | $-25.88MM |
| Earnings Per Share** | $0.10 | $0.18 | $0.07 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.