MARKETS / NASDAQ / MITK
NASDAQ · COMPUTER PERIPHERAL EQUIPMENT, NEC · MID CAP

Mitek Systems, Inc. MITK

16 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$179.7M
▲ 4.4% vs FY2024
EPS · FY25
$0.19
Dividend / sh · FY25
Payout · FY25
ROE · FY25
3.9%
Net margin · FY25
4.9%
Dividend coverage
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Result
USD 179.7M
Revenue, FY2025 · full 16-year series below
Revenue Net income
0.050.10.150.20.20.0201020132016201920222025
0.050.10.150.20.20.02016201920222025

5 cents of every revenue dollar became profit this year.

Per share
USD 0.19
Diluted EPS, FY2025
EPS
0.40.81.20.19201020132016201920222025
0.40.81.20.192016201920222025

The company pays no cash dividend.

Profitability
3.9%
Return on equity, FY2025
ROE
81624323.9%201020132016201920222025
81624323.9%2016201920222025
Operating margin9.3%
Net margin4.9%
Return on assets2.0%

Each USD of equity produced 4 cents of profit this year.

Returned to shareholders
USD 4.7M
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 4.7M
Share of profit53.9%
Consecutive raises

USD 4.7M in buybacks — 54% of the year's profit went back to shareholders.

Growth
+12.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+7.5%
+12.1%
+21.6%
+26.8%
Net income
+33.5%
+2.4%
+13.3%
EPS, diluted
+33.4%
+1.1%
+9.0%
Returned to shareholders
−32.2%
+36.4%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.05B
Shares outstanding, FY2025
0.020.05201020132016201920222025
0.030.052016201920222025
Change, 5 years+9.2%
Change, 10 years+43.9%

The share count grew 9% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 459.1M
total assets, end of FY2025
Total assetsUSD 459.1M
EquityUSD 240.3M
CashUSD 154.2M
Gross debtUSD 4.3M
Net debtUSD -149.8M
Current ratio1.19×

The company holds more cash than debt.

History
16 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Revenue $B
0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Operating income $B
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
−0.0
−0.0
−0.0
0.0
−0.0
EBITDA $B
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
−0.0
−0.0
−0.0
0.0
−0.0
Income tax $B
0.0
−0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
−0.0
−0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
Net income $B
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
0.19
0.07
0.17
0.08
0.18
0.18
−0.02
−0.33
0.40
0.06
0.08
−0.17
−0.26
−0.31
−0.01
−0.04
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
3.9
1.6
4.3
2.0
4.9
6.5
−0.7
−15.1
27.9
5.6
9.3
−21.3
−37.0
−49.6
−1.3
−68.1
Shares out B
0.05
0.04
0.05
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.02

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
47 of 47
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed