InsiderClue
Stocks · Technology · Computer Peripheral Equipment, NEC

MITEK SYSTEMS INC

MITK Clue Score49
United States Fiscal year ends September CIK 0000807863
$17.70 +3.69% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $17.70 −1.17% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue45.4Operating income2.8Net income14.1EPS, diluted0.40Fiscal year 2018Revenue63.6 +40.0%Operating income−7.8Net income−11.8 −183.8%EPS, diluted−0.33 −182.5%Fiscal year 2019Revenue84.6 +33.1%Operating income−4.6Net income−0.7EPS, diluted−0.02Fiscal year 2020Revenue101.3 +19.8%Operating income8.9Net income7.8EPS, diluted0.18Fiscal year 2021Revenue119.8 +18.2%Operating income13.3Net income8.0 +2.1%EPS, diluted0.18 +0.0%Fiscal year 2022Revenue144.8 +20.9%Operating income12.2Net income3.7 −53.7%EPS, diluted0.08 −55.6%Fiscal year 2023Revenue172.6 +19.2%Operating income15.6Net income8.0 +117.3%EPS, diluted0.17 +112.5%Fiscal year 2024Revenue172.1 −0.3%Operating income2.2Net income3.3 −59.2%EPS, diluted0.07 −58.8%Fiscal year 2025Revenue179.7 +4.4%Operating income16.8Net income8.8 +168.3%EPS, diluted0.19 +171.4%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 45.4 63.6 84.6 101.3 119.8 144.8 172.6 172.1 179.7
Growth +40.0% +33.1% +19.8% +18.2% +20.9% +19.2% −0.3% +4.4%
Operating income 2.8 −7.8 −4.6 8.9 13.3 12.2 15.6 2.2 16.8
Net income 14.1 −11.8 −0.7 7.8 8.0 3.7 8.0 3.3 8.8
Growth −183.8% +2.1% −53.7% +117.3% −59.2% +168.3%
EPS, diluted 0.40 −0.33 −0.02 0.18 0.18 0.08 0.17 0.07 0.19
Growth −182.5% +0.0% −55.6% +112.5% −58.8% +171.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin6.1%Net margin31.0%Free cash flow margin21.9%Fiscal year 2018Operating margin−12.3%Net margin−18.6%Free cash flow margin2.1%Fiscal year 2019Operating margin−5.4%Net margin−0.9%Free cash flow margin15.6%Fiscal year 2020Operating margin8.8%Net margin7.7%Free cash flow margin23.0%Fiscal year 2021Operating margin11.1%Net margin6.7%Free cash flow margin30.0%Fiscal year 2022Operating margin8.4%Net margin2.6%Free cash flow margin13.8%Fiscal year 2023Operating margin9.0%Net margin4.7%Free cash flow margin17.7%Fiscal year 2024Operating margin1.3%Net margin1.9%Free cash flow margin17.6%Fiscal year 2025Operating margin9.3%Net margin4.9%Free cash flow margin30.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 6.1% −12.3% −5.4% 8.8% 11.1% 8.4% 9.0% 1.3% 9.3%
Net margin 31.0% −18.6% −0.9% 7.7% 6.7% 2.6% 4.7% 1.9% 4.9%
Free cash flow margin 21.9% 2.1% 15.6% 23.0% 30.0% 13.8% 17.7% 17.6% 30.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow10.4Capital expenditure−0.5Free cash flow10.0Fiscal year 2018Operating cash flow5.6Capital expenditure−4.3Free cash flow1.3 −86.8%Buybacks0.0Fiscal year 2019Operating cash flow14.3Capital expenditure−1.1Free cash flow13.2 +899.8%Buybacks0.0Fiscal year 2020Operating cash flow24.1Capital expenditure−0.8Free cash flow23.3 +76.8%Buybacks−1.0Fiscal year 2021Operating cash flow37.3Capital expenditure−1.4Free cash flow36.0 +54.2%Buybacks−0.2Fiscal year 2022Operating cash flow21.1Capital expenditure−1.1Free cash flow20.0 −44.4%Buybacks−15.2Fiscal year 2023Operating cash flow31.6Capital expenditure−1.0Free cash flow30.6 +52.8%Buybacks0.0Fiscal year 2024Operating cash flow31.7Capital expenditure−1.4Free cash flow30.3 −1.0%Buybacks−24.2Fiscal year 2025Operating cash flow55.3Capital expenditure−1.2Free cash flow54.2 +79.1%Buybacks−4.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 10.4 5.6 14.3 24.1 37.3 21.1 31.6 31.7 55.3
Capital expenditure −0.5 −4.3 −1.1 −0.8 −1.4 −1.1 −1.0 −1.4 −1.2
Free cash flow 10.0 1.3 13.2 23.3 36.0 20.0 30.6 30.3 54.2
Growth −86.8% +899.8% +76.8% +54.2% −44.4% +52.8% −1.0% +79.1%
Buybacks n/a 0.0 0.0 −1.0 −0.2 −15.2 0.0 −24.2 −4.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash12.3Shareholders’ equity61.4Fiscal year 2018Cash9.0Shareholders’ equity95.4Fiscal year 2019Cash16.7Shareholders’ equity107.3Fiscal year 2020Cash20.0Shareholders’ equity132.2Fiscal year 2021Cash30.3Shareholders’ equity192.8Fiscal year 2022Cash32.1Shareholders’ equity171.0Fiscal year 2023Cash58.9Shareholders’ equity205.2Fiscal year 2024Cash93.5Total debt2.7Net cash (debt)90.8Shareholders’ equity214.8Debt to equity0.01Fiscal year 2025Cash154.2Total debt152.2Net cash (debt)1.9Shareholders’ equity240.3Debt to equity0.63
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 12.3 9.0 16.7 20.0 30.3 32.1 58.9 93.5 154.2
Total debt n/a n/a n/a n/a n/a n/a n/a 2.7 152.2
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a 90.8 1.9
Shareholders’ equity 61.4 95.4 107.3 132.2 192.8 171.0 205.2 214.8 240.3
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.01 0.63

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Sep 2017 FY2018 30 Sep 2018 FY2019 30 Sep 2019 FY2020 30 Sep 2020 FY2021 30 Sep 2021 FY2022 30 Sep 2022 FY2023 30 Sep 2023 FY2024 30 Sep 2024 FY2025 30 Sep 2025
Revenue and profit
45.4 63.6 84.6 101.3 119.8 144.8 172.6 172.1 179.7
Growth +40.0% +33.1% +19.8% +18.2% +20.9% +19.2% −0.3% +4.4%
10.4 18.1 21.9 22.9 28.0 30.2 29.0 34.6 35.3
11.3 17.1 19.9 22.3 22.5 26.6 43.3 53.0 44.3
2.8 −7.8 −4.6 8.9 13.3 12.2 15.6 2.2 16.8
Growth −381.9% +49.7% −8.1% +27.6% −85.7% +652.6%
3.2 −8.7 −4.0 9.4 8.8 3.6 10.3 −0.9 11.6
−10.9 3.1 −3.3 1.6 0.8 −0.1 2.3 −4.2 2.8
14.1 −11.8 −0.7 7.8 8.0 3.7 8.0 3.3 8.8
Growth −183.8% +2.1% −53.7% +117.3% −59.2% +168.3%
Per share
0.43 −0.33 −0.02 0.19 0.18 0.08 0.18 0.07 0.19
0.40 −0.33 −0.02 0.18 0.18 0.08 0.17 0.07 0.19
Growth −182.5% +0.0% −55.6% +112.5% −58.8% +171.4%
33.1 35.8 39.3 41.4 43.5 44.6 45.5 46.6 45.7
35.5 35.8 39.3 42.5 45.1 45.8 46.5 47.5 46.9
Growth +0.8% +9.9% +8.1% +6.0% +1.5% +1.5% +2.2% −1.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 12.1% a year over five years, and earnings per share grew 1.1% a year.
  • The diluted share count rose 10.3% in five years, which is dilution.
  • Operating margin is flat at 9.3%.
  • A net loss in 2 of 9 years on file.