MITK · Mitek Systems Inc · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $197.9M | $179.69M | $172.08MG | $172.55M | $144.8M | $119.8M | $101.31M | $84.59M | $63.56M | $45.39M | $34.7M | $25.37M | $19.15M | $14.8M | $9.09M | $10.27M | $5.12M | |
| $31.23M | $35.28M | $34.64M | $28.99M | $30.19M | $28.04M | $22.86M | $21.87M | $18.12M | $10.43M | $7.79M | $5.58M | $6.02M | $6.79M | $6.66M | $3M | $2M | |
| $37.93M | $41.52M | $40.77M | $40.55M | $38.84M | $32.5M | $27.65M | $24.55M | $19.25M | $14.48M | $10.94M | $6.46M | $6.84M | $5.85M | $3.45M | $2.41M | $929.69K | |
| $47.33M | $44.33M | $52.99M | $43.34M | $26.59M | $22.49M | $22.28M | $19.86M | $17.07M | $11.31M | $8.58M | $7.6M | $9.55M | $7.85M | $5.6M | $3.43M | $1.62M | |
| $13.17M | $14.14M | $15.16M | $16.99M | $13.55M | $7.51M | $6.44M | $7.02M | $4.02M | $591K | $598K | $172K | $0 | $0 | — | — | — | |
| $1.41M | $1.3M | $1.8M | $1.7M | $1.4M | $1.44M | $1.5M | $1.39M | $615K | $322K | $790K | $433K | $470.7K | $323.38K | $231.98K | $179.29K | $172.6K | |
| $518K | $840K | $1.76M | $2.11M | $1.8M | $0 | -$114K | $3.07M | $0 | $0 | — | — | — | — | — | — | — | |
| $162.68M | $162.9M | $169.85M | $156.99M | $132.6M | $106.52M | $92.44M | $89.18M | $71.37M | $42.62M | $32.88M | $23.48M | $24.56M | $22.1M | $16.97M | $10.01M | $5.5M | |
| $35.22M | $16.79M | $2.23M | $15.56M | $12.2M | $13.28M | $8.87M | -$4.59M | -$7.81M | $2.77M | $1.82M | $1.89M | -$5.41M | -$7.3M | -$7.88M | $256.4K | -$383.69K | |
| — | 9.34% | 1.3% | 9.02% | 8.43% | 11.08% | 8.75% | -5.43% | -12.28% | 6.1% | 5.26% | 7.46% | -28.24% | -49.31% | -86.68% | 2.5% | -7.5% | |
| $36.64M | $18.09M | $4.03M | $17.26M | $13.6M | $14.72M | $10.37M | -$3.2M | -$7.19M | $3.09M | $2.61M | $2.33M | -$4.94M | -$6.98M | -$7.65M | $435.69K | -$211.09K | |
| $7.22M | $9.78M | $9.26M | $9.06M | $8.23M | $5.13M | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| $3.6M | $4.6M | $6.12M | $3.84M | -$366K | $654K | $541K | $602K | -$935K | $402K | $134K | $91K | $118K | $24.91K | $37.16K | -$378.96K | -$296.33K | |
| $31.61M | $11.61M | -$909K | $10.34M | $3.6M | $8.8M | $9.41M | -$3.99M | -$8.74M | $3.17M | $1.96M | $1.98M | -$5.29M | -$7.27M | -$7.84M | -$122.57K | -$680.02K | |
| $9.07M | $2.81M | -$4.19M | $2.31M | -$92K | $824K | $1.6M | -$3.26M | $3.07M | -$10.92M | -$1000 | -$543K | $2000 | $1076 | -$4008 | $2492 | $2338 | |
| $22.54M | $8.8M | $3.28M | $8.03M | $3.69M | $7.98M | $7.81M | -$724K | -$11.81M | $14.09M | $1.96M | $2.53M | -$5.29M | -$7.28M | -$7.84M | -$125.06K | -$682.35K | |
| — | 4.9% | 1.9% | 4.65% | 2.55% | 6.66% | 7.71% | -0.86% | -18.58% | 31.05% | 5.65% | 9.96% | -27.63% | -49.15% | -86.22% | -1.22% | -13.33% | |
| $17.45M | $11.68M | $15.21M | $22.01M | -$23.58M | $7.36M | $11.55M | -$4.2M | -$12.54M | $14.28M | $1.92M | $2.53M | -$5.3M | -$7.27M | -$7.83M | -$134.91K | — | |
| USD/shares | $0.50 | $0.19 | $0.07 | $0.18 | $0.08 | $0.18 | $0.19 | -$0.02 | -$0.33 | $0.43 | $0.06 | $0.08 | -$0.17 | -$0.26 | -$0.31 | -$0.01 | — |
| USD/shares | $0.47 | $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 | — |
| shares | — | 45.72M | 46.56M | 45.53M | 44.6M | 43.51M | 41.41M | 39.34M | 35.81M | 33.08M | 31.59M | 30.79M | 30.47M | 27.49M | 25.12M | 21.51M | — |
| shares | — | 46.93M | 47.47M | 46.46M | 45.78M | 45.08M | 42.53M | 39.34M | 35.81M | 35.54M | 33.82M | 31.48M | 30.47M | 27.49M | 25.12M | 21.51M | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2025: $45.29M in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 96 similar-size Software - Application companies (of 216 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| United States | $136,198,000 | $135,344,000 | $134,957,000 | $113,499,000 | $92,832,000 |
| All Other Countries Excluding United States And United Kingdom | $22,017,000 | $19,132,000 | $37,595,000 | — | — |
| United Kingdom | $21,476,000 | $17,607,000 | — | — | — |
| Non Us | — | — | — | $31,305,000 | $26,965,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Check Verification Software License and Support | $84,081,000 | $89,559,000 | $93,545,000 | — | — | — | — | — |
| Fraud and Identity Solutions SaaS | $72,415,000 | $59,713,000 | $55,770,000 | — | — | — | — | — |
| Fraud and Identity Solutions Software License and Support | $15,458,000 | $16,529,000 | $16,083,000 | — | — | — | — | — |
| Check Verification SaaS | $4,595,000 | $3,876,000 | $3,679,000 | — | — | — | — | — |
| Fraud and Identity Solutions Professional Services and Other | $2,060,000 | $1,762,000 | $2,572,000 | — | — | — | — | — |
| Check Verification Professional Services and Other | $1,082,000 | $644,000 | $903,000 | — | — | — | — | — |
| Check Verification | — | $94,079,000 | — | — | — | — | — | — |
| Deposits Revenue | — | $103,558,000 | — | $86,561,000 | $75,517,000 | $67,730,000 | $57,030,000 | $41,508,000 |
| Fraud and Identity Solutions | — | $78,004,000 | — | — | — | — | — | — |
| Identity Verification Revenue | — | $68,525,000 | — | $58,243,000 | $44,280,000 | $33,580,000 | $27,560,000 | $22,051,000 |
| Professional Services and Other | — | $2,406,000 | — | — | — | — | — | — |
| SaaS | — | $63,588,000 | — | — | — | — | — | — |
| Software License and Support | — | $106,088,000 | — | — | — | — | — | — |
| License | — | $81,872,000 | — | — | — | — | — | — |
| Service Other | — | $90,211,000 | — | — | — | — | — | — |