Mitek Systems, Inc. (MITK)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 101 | 120 | 145 | 173 | 172 | 180 | 198 | 198 |
| Operating profit | $m | 17 | 35 | ||||||
| Net profit | $m | 8 | 8 | 4 | 8 | 3 | 9 | 23 | 54 |
| EPS reported | $ | 0.19 | 0.47 | ||||||
| Operating cashflow per share | $ | 1.21 | 1.19 | ||||||
| Capex per share | $ | 0.03 | 0.11 | ||||||
| FCF per share | $ | 1.19 | 1.08 | ||||||
| Free cash flow | $m | 54 | 49 | ||||||
| Net debt | $m | -41 | -50 | ||||||
| Book value equity | $m | 240 | 251 | ||||||
| Book value per share | $ | 5.12 | 5.14 | ||||||
| Number of shares | m | 46.93 | 48.71 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 51.42 | 37.73 | ||||||
| P/B LTM | x | 1.86 | 1.78 | ||||||
| P/S LTM | x | 2.49 | 2.26 | ||||||
| P/FCF LTM | x | 8.24 | 9.19 | ||||||
| EV/EBITDA LTM | x | 12.15 | 7.27 | ||||||
| EV/Sales LTM | x | 2.49 | 4.24 | ||||||
| Earnings Yield LTM | % | +1.94% | +2.65% | ||||||
| FCF Yield | % | +12.13% | +10.88% | ||||||
| Quality | |||||||||
| ROE | % | +3.66% | +9.35% | ||||||
| ROIC | % | +3.16% | +8.08% | ||||||
| Operating margin | % | +9.34% | +17.80% | ||||||
| Gross margin | % | +85.09% | +87.92% | ||||||
| FCF/Sales | % | +30.15% | +24.56% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +174.96% | +580.17% | ||||||
| Sales Growth YoY | % | +4.42% | +15.00% | ||||||
| Net Income Growth YoY | % | +168.33% | +587.46% | ||||||
| FCF Growth | % | +79.12% | +60.70% | ||||||
| Operating Profit Growth | % | +652.58% | +1478.8% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.35 | 0.94 | ||||||
| Net Debt/EBITDA | x | 0.03 | -0.62 | ||||||
| EBIT/Net interest | x | 1.72 | 4.88 | ||||||
| Net debt/market cap | % | +34.08% | +5.63% | ||||||
| Net debt/Equity | x | -0.17 | -0.20 | ||||||
| Gross debt/equity | x | 0.65 | 0.21 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free