MITEK SYSTEMS INC MITK

Latest FY: 2025 Technology Software - Application
Market Price $19.43
Market Cap $854.86M
P/E Ratio 102.26
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑4.4% YoY
$179.69M
3-Yr CAGR: 7.7%
Net Income ↑168.3% YoY
$8.80M
Net Margin: 4.9%
Free Cash Flow ↑79.1% YoY
$54.19M
FCF Yield: 6.34%
EPS (Diluted) ↑171.4% YoY
$0.19
Basic: $0.19
Return on Equity Efficiency
3.7%
ROA: 3.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (MITK)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $34.7M $10.4M $2.0M $0.06 $7.9M $7.6M
FY 2017 $45.4M +30.8% $14.1M $14.1M +619.3% $0.40 +566.7% $10.4M $10.0M +30.9%
FY 2018 $63.6M +40.0% $9.3M $-11.8M -183.8% $-0.33 -182.5% $5.6M $1.3M -86.8%
FY 2019 $84.6M +33.1% $15.3M $-0.7M +93.9% $-0.02 +93.9% $14.2M $13.2M +899.8%
FY 2020 $101.3M +19.8% $31.2M $7.8M +1,179.3% $0.18 +1,000.0% $24.1M $23.3M +76.8%
FY 2021 $119.8M +18.2% $114.7M $8.0M +2.1% $0.18 0.0% $37.3M $36.0M +54.2%
FY 2022 $143.9M +20.2% $135.7M $3.0M -62.0% $0.07 -61.1% $26.4M $25.2M -29.8%
FY 2023 $172.6M +19.9% $163.5M $8.0M +164.7% $0.17 +142.9% $31.6M $30.6M +21.1%
FY 2024 $172.1M -0.3% $162.8M $3.3M -59.2% $0.07 -58.8% $31.7M $30.2M -1.0%
FY 2025 $179.7M +4.4% $169.9M $8.8M +168.3% $0.19 +171.4% $55.3M $54.2M +79.1%
$

Valuation

Market Price $19.43
Market Cap $854.86M
Enterprise Value $705.04M
P/E Ratio 102.26
P/B Ratio 3.65
FCF Yield 6.34%
Dividend Yield N/A
Shares Outstanding 45,158,900
%

Profitability & Margins

Gross Margin 94.56%
Operating Margin 9.34%
Net Margin 4.90%
Return on Equity (ROE) 3.66%
Return on Assets (ROA) 3.54%
Asset Turnover 0.72x
Revenue 3-Yr CAGR 7.67%
🛡️

Financial Health & Liquidity

Current Ratio 724.47
Cash Ratio 449.43
Debt / Equity 0.018
Debt / Assets 0.017
Cash & Equivalents $154.15M
Total Debt $4.33M
Book Value / Share $5.32
💧

Cash Flow Efficiency

Operating Cash Flow $55.34M
Capital Expenditures (CapEx) $1.16M
Free Cash Flow $54.19M
OCF / Revenue 30.80%
FCF / Revenue 30.15%
FCF 3-Yr CAGR 29.03%
🏷️

Per Share Metrics

EPS (Diluted) $0.19
EPS (Basic) $0.19
Dividends / Share N/A
Book Value / Share $5.32
EPS YoY Growth 171.43%
🏛️

Balance Sheet (FY 2025)

Total Assets $248.49M
Total Liabilities $343.00K
Stockholders' Equity $240.26M
Current Assets $248.49M
Current Liabilities $343.00K