MITK logo

MITEK SYSTEMS INC

MITKNASDAQ
πŸ† #2690 by market capUS Equity
$16.58β–Ό $0.61 (βˆ’3.69%)
Market closed Β· at close
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24hβ–Ό 3.7%
7dβ–Ό 6.2%
14dβ–Ό 6.3%
30dβ–Ό 10.2%
ytdβ–² 57.1%
1yβ–² 69.5%
🏦Market Cap
$749M
Small Cap
πŸ“ˆRevenue Growth (YoY)
+11.1%
Healthy
πŸ“ŠGross Margin
83.6%
High
πŸ’΅FCF Margin
25.8%
Strong
βš–οΈP/S Ratio
3.9x
Fair
Otter Score
56
Weak

Trading Snapshot

Day Range
$16.41 – $16.67
52-Week Range
$8.53 – $21.05
Volume
$2.12B
Avg Volume
$2.70B
Shares Outstanding
45.2M
Next Earnings
Nov 14, 2026

Fundamentals Snapshot

Annual Revenue
$180M
Last Q Revenue
$54M
P/E Ratio
33.9
P/S Ratio
3.9x
EPS (TTM)
$0.47
Dividend Yield
β€”
Dilution (1yr)
+4.4%

Why Investors Own MITK

  • βœ“High-growth profile β€” revenue up +13.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 28% gross margin and 22% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

MITK logo

MITEK SYSTEMS INC

MITK
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$180Mβ–² +4.4% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
85.1%β–Ό βˆ’0.9% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$17Mβ–² +652.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$54Mβ–² +79.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
47.2Mβ–² +4.4% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$18Mβ–² +$76M YoY
StockOtter Β· stockotter.space

About MITEK SYSTEMS INC

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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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
56/100

Analyst Price Target

β“˜
Average Target
$16.31
β–Ό βˆ’1.6% Downside
High Target$17.79
Low Target$13.02
Based on 38 analysts

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