Mitek Systems Cash Flow Statement

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
Net Income	8.8	3.28	8.03	3.69	7.98
Depreciation & Amortization	14.56	16.01	18.02	14.55	8.64
Other Amortization	11.41	10.65	9.76	8.76	4.67
Loss (Gain) From Sale of Investments	-1.11	-2.62	-0.72	1.68	1.27
Stock-Based Compensation	16.81	12.62	10.46	13.35	11.53
Provision & Write-off of Bad Debts	0.8	0.65	0.74	0.47	-
Other Operating Activities	-9.27	-10.3	-3.44	-10.35	1.19
Change in Accounts Receivable	-0.21	5.09	-8.89	-22.57	0.34
Change in Accounts Payable	-3.37	-0.45	2.54	2.18	-1.59
Change in Unearned Revenue	7.95	3.22	-5.22	9.95	1.79
Change in Income Taxes	2.53	-4.56	5.58	0.42	-0.07
Change in Other Net Operating Assets	6.44	-1.9	-5.26	-1.02	1.6
Operating Cash Flow	55.34	31.69	31.59	21.12	37.34
Operating Cash Flow Growth	74.64%	0.32%	49.56%	-43.44%	54.80%
Capital Expenditures	-1.16	-1.44	-1.03	-1.13	-1.39
Cash Acquisitions	-	-	-0.27	-122.67	-12.55
Investment in Securities	6.99	30.18	-5.48	125.5	-156.55
Investing Cash Flow	5.84	28.75	-6.78	1.7	-170.49
Long-Term Debt Issued	1.69	1.5	-	-	155.5
Long-Term Debt Repaid	-0.28	-0.16	-0.04	-0.04	-0.09
Net Debt Issued (Repaid)	1.42	1.34	-0.04	-0.04	155.41
Issuance of Common Stock	1.7	1.89	1.74	1.73	4.04
Repurchase of Common Stock	-4.74	-24.18	-	-15.18	-0.19
Other Financing Activities	-0.22	-4.93	-	-7.66	-15.58
Financing Cash Flow	-1.85	-25.88	1.7	-21.14	143.68
Foreign Exchange Rate Adjustments	1.37	-0.01	0.35	0.07	-0.21
Net Cash Flow	60.7	34.54	26.85	1.75	10.33
Free Cash Flow	54.19	30.25	30.55	19.99	35.95
Free Cash Flow Growth	79.12%	-0.99%	52.81%	-44.39%	54.18%
Free Cash Flow Margin	30.15%	17.58%	17.71%	13.81%	30.01%
Free Cash Flow Per Share	1.16	0.64	0.66	0.44	0.80
Cash Interest Paid	1.16	1.27	1.41	1.16	0.57
Cash Income Tax Paid	9.09	11.99	3.84	0.75	0.74
Levered Free Cash Flow	60.37	27.94	38.15	26.42	43.61
Unlevered Free Cash Flow	57.87	25.64	36.27	24.51	42.44
Change in Working Capital	13.34	1.4	-11.26	-11.04	2.06

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