Mitek Systems Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	154.15	93.46	58.91	32.06	30.31
Short-Term Investments	38.86	36.88	74.7	58.27	149.06
Cash & Short-Term Investments	193.01	130.34	133.61	90.33	179.37
Cash Growth	48.08%	-2.45%	47.92%	-49.64%	198.84%
Receivables	49.5	47.5	50.49	42.96	20.68
Prepaid Expenses	3.05	4.51	3.51	1.95	1.92
Other Current Assets	2.94	2.7	2.4	2.62	2.09
Total Current Assets	248.49	185.05	190.01	137.85	204.06
Property, Plant & Equipment	4.94	7.23	6.97	8.65	10.73
Long-Term Investments	3.46	11.41	1.3	10.63	48.05
Goodwill	133.46	131.57	123.55	115.63	63.1
Other Intangible Assets	39.8	54.14	64.67	75.76	28.73
Long-Term Accounts Receivable	1.41	3.62	5.58	4.22	4.41
Long-Term Deferred Tax Assets	25.33	19.15	11.65	10.11	10.51
Other Long-Term Assets	2.22	1.59	1.65	1.63	50.11
Total Assets	459.11	413.75	405.38	364.48	419.69
Accounts Payable	3.87	7.24	7.59	4.97	2.51
Accrued Expenses	17.18	10.75	10.89	10.6	12.26
Current Portion of Long-Term Debt	152.52	0.3	0.2	0.1	0.1
Current Portion of Leases	0.89	0.81	1.9	2.11	1.94
Current Income Taxes Payable	-	-	4.33	0.21	-
Current Unearned Revenue	29.06	21.23	17.36	21.35	10.38
Other Current Liabilities	5.51	1.83	9.23	9.12	12.02
Total Current Liabilities	209.03	42.15	51.5	48.46	39.21
Long-Term Debt	4	146	136.62	129.17	121.62
Long-Term Leases	2.08	4.23	2.87	4.11	6.59
Long-Term Unearned Revenue	1.09	0.75	0.96	1.78	0.96
Long-Term Deferred Tax Liabilities	0.3	3.89	6.48	9.58	4.12
Other Long-Term Liabilities	2.36	1.93	1.77	0.41	54.38
Total Liabilities	218.85	198.95	200.19	193.5	226.86
Common Stock	0.05	0.05	0.05	0.04	0.04
Additional Paid-In Capital	265.84	247.33	228.69	216.49	199.94
Retained Earnings	-26.21	-30.27	-9.31	-17.34	-6.07
Treasury Stock	-	-	-	-	-0.14
Comprehensive Income & Other	0.59	-2.3	-14.24	-28.22	-0.94
Shareholders' Equity	240.26	214.8	205.19	170.98	192.83
Total Liabilities & Equity	459.11	413.75	405.38	364.48	419.69
Total Debt	159.49	151.34	141.59	135.49	130.25
Net Cash (Debt)	33.53	-21	-7.97	-45.16	49.12
Net Cash Growth	-	-	-	-	-5.85%
Net Cash Per Share	0.71	-0.44	-0.17	-0.99	1.09
Filing Date Shares Outstanding	45.74	44.92	46.79	45.51	44.61
Total Common Shares Outstanding	45.64	45	45.59	44.68	44.16
Working Capital	39.46	142.9	138.51	89.4	164.85
Book Value Per Share	5.26	4.77	4.50	3.83	4.37
Tangible Book Value	67	29.09	16.97	-20.41	101
Tangible Book Value Per Share	1.47	0.65	0.37	-0.46	2.29
Machinery	2.96	3.5	4.39	4.09	3.65
Leasehold Improvements	1.04	1.2	2.61	2.55	2.62

Source: S&P Global Market Intelligence. Standard template. Financial Sources.