Mitek Systems Cash Flow Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	16.18	8.8	3.28	8.03	3.69	7.98
Depreciation & Amortization	14.15	14.56	16.01	18.02	14.55	8.64
Other Amortization	11.69	11.41	10.65	9.76	8.76	4.67
Loss (Gain) From Sale of Investments	-0.53	-1.11	-2.62	-0.72	1.68	1.27
Stock-Based Compensation	15.04	16.81	12.62	10.46	13.35	11.53
Provision & Write-off of Bad Debts	0.14	0.8	0.65	0.74	0.47	-
Other Operating Activities	-8.56	-9.27	-10.3	-3.44	-10.35	1.19
Change in Accounts Receivable	7.18	-0.21	5.09	-8.89	-22.57	0.34
Change in Accounts Payable	-0.03	-3.37	-0.45	2.54	2.18	-1.59
Change in Unearned Revenue	2.92	7.95	3.22	-5.22	9.95	1.79
Change in Income Taxes	3.3	2.53	-4.56	5.58	0.42	-0.07
Change in Other Net Operating Assets	1.31	6.44	-1.9	-5.26	-1.02	1.6
Operating Cash Flow	62.79	55.34	31.69	31.59	21.12	37.34
Operating Cash Flow Growth	50.52%	74.64%	0.32%	49.56%	-43.44%	54.80%
Capital Expenditures	-2.25	-1.16	-1.44	-1.03	-1.13	-1.39
Cash Acquisitions	-	-	-	-0.27	-122.67	-12.55
Investment in Securities	31.66	6.99	30.18	-5.48	125.5	-156.55
Investing Cash Flow	29.41	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)	1.91	1.42	1.34	-0.04	-0.04	155.41
Issuance of Common Stock	1.55	1.7	1.89	1.74	1.73	4.04
Repurchase of Common Stock	-13.46	-4.74	-24.18	-	-15.18	-0.19
Other Financing Activities	-0.22	-0.22	-4.93	-	-7.66	-15.58
Financing Cash Flow	-10.23	-1.85	-25.88	1.7	-21.14	143.68
Foreign Exchange Rate Adjustments	2.53	1.37	-0.01	0.35	0.07	-0.21
Net Cash Flow	84.51	60.7	34.54	26.85	1.75	10.33
Free Cash Flow	60.55	54.19	30.25	30.55	19.99	35.95
Free Cash Flow Growth	50.67%	79.12%	-0.99%	52.81%	-44.39%	54.18%
Free Cash Flow Margin	32.43%	30.15%	17.58%	17.71%	13.81%	30.01%
Free Cash Flow Per Share	1.28	1.16	0.64	0.66	0.44	0.80
Cash Interest Paid	1.16	1.16	1.27	1.41	1.16	0.57
Cash Income Tax Paid	8.48	9.09	11.99	3.84	0.75	0.74
Levered Free Cash Flow	64.97	60.37	27.94	38.15	26.42	43.61
Unlevered Free Cash Flow	62.48	57.87	25.64	36.27	24.51	42.44
Change in Working Capital	14.69	13.34	1.4	-11.26	-11.04	2.06

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