Mitek Systems Stock (NASDAQ:MITK)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$16.01

52W Range

$8.53 - $17.97

50D Avg

$14.98

200D Avg

$11.80

Market Cap

$737.90M

Avg Vol (3M)

$1.04M

Beta

1.01

Div Yield

-

MITK Company Profile


Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.

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Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

565

IPO Date

Jan 03, 1989

Website

MITK Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 25Sep 24Sep 23
Identity Verification Revenue$76.68M$68.53M$68.42M
SaaS$77.01M--
Professional Services And Other$3.14M--
Deposits Revenue$103.01M$103.56M$104.13M

Fiscal year ends in Sep 24 | Currency in USD

MITK Financial Summary


Sep 24Sep 23Sep 22
Revenue$172.08M$172.55M$144.80M
Operating Income$2.23M$15.56M$12.20M
Net Income$3.28M$8.03M$3.69M
EBITDA$26.96M$39.62M$28.08M
Basic EPS$0.07$0.18$0.08
Diluted EPS$0.07$0.17$0.08

Fiscal year ends in Sep 24 | Currency in USD

Latest Earnings Call Transcripts


Q2 26May 08, 26 | 12:00 AM
Q1 26Feb 05, 26 | 5:00 PM
Q4 25Dec 11, 25 | 5:00 PM

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