Mitek Systems, Inc. (MITK)
Stock Price Chart
Key Info
| Market Cap | 500.41M |
| Revenue (ttm) | 95.69M |
| Net Income (ttm) | 6.10M |
| Shares Out | 41.29M |
| EPS (ttm) | 0.15 |
| PE Ratio | 80.80 |
| Forward PE | 17.48 |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Aug 14, 2020 |
| Last Price | $12.12 |
| Previous Close | $11.15 |
| Change ($) | 0.97 |
| Change (%) | 8.70% |
| Day's Open | 11.60 |
| Day's Range | 11.42 - 12.39 |
| Day's Volume | 970,922 |
| 52-Week Range | 5.26 - 12.39 |
More Stats
| Market Cap | 500.41M |
| Enterprise Value | 458.52M |
| Earnings Date (est) | Nov 5, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 41.29M |
| Float | 37.84M |
| EPS (basic) | 0.14 |
| EPS (diluted) | 0.15 |
| FCF / Share | 0.56 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 1.24% |
| FCF Yield | 4.62% |
| Payout Ratio | n/a |
| Shares Short | 995,290 |
| Short Ratio | 2.40 |
| Short % of Float | 2.62% |
| Beta | 0.27 |
| PE Ratio | 80.80 |
| Forward PE | 17.48 |
| P/FCF Ratio | 21.64 |
| PS Ratio | 5.23 |
| PB Ratio | 3.84 |
| Revenue | 95.69M |
| Operating Income | 7.33M |
| Net Income | 6.10M |
| Free Cash Flow | 23.13M |
| Net Cash | 41.89M |
| Net Cash / Share | 1.01 |
| Gross Margin | 75.58% |
| Operating Margin | 7.65% |
| Profit Margin | 6.40% |
| FCF Margin | 24.17% |
| ROA | 6.80% |
| ROE | 5.48% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 84.59 | 63.56 | 45.39 | 34.70 | 25.37 | 19.15 | 14.80 | 9.09 | 10.27 | 5.12 |
| Revenue Growth | 33.09% | 40.03% | 30.8% | 36.8% | 32.46% | 29.36% | 62.8% | -11.43% | 100.55% | - |
| Gross Profit | 72.32 | 54.87 | 41.35 | 31.31 | 22.90 | 17.00 | 13.20 | 7.83 | 9.09 | 4.17 |
| Operating Income | -4.59 | -7.81 | 2.77 | 1.82 | 1.89 | -5.41 | -7.30 | -7.88 | 0.26 | -0.38 |
| Net Income | -0.72 | -11.81 | 14.09 | 1.96 | 2.53 | -5.29 | -7.28 | -7.84 | -0.13 | -0.68 |
| Shares Outstanding | 39.34 | 35.81 | 33.08 | 31.59 | 30.79 | 30.47 | 27.49 | 25.12 | 21.51 | 16.95 |
| Earnings Per Share | -0.02 | -0.33 | 0.40 | 0.06 | 0.08 | -0.17 | -0.26 | -0.31 | -0.01 | -0.04 |
| EPS Growth | - | - | 566.67% | -25% | - | - | - | - | - | - |
| Operating Cash Flow | 14.25 | 5.63 | 10.45 | 7.85 | 6.11 | -2.47 | -0.62 | -1.78 | 0.32 | -0.81 |
| Capital Expenditures | -1.06 | -4.31 | -0.49 | -0.25 | -0.07 | -0.13 | -1.46 | -0.34 | -0.20 | -0.01 |
| Free Cash Flow | 13.19 | 1.32 | 9.96 | 7.60 | 6.03 | -2.60 | -2.08 | -2.12 | 0.11 | -0.82 |
| Cash & Equivalents | 33.25 | 17.48 | 42.57 | 33.87 | 26.67 | 24.04 | 29.03 | 12.52 | 15.84 | 1.31 |
| Total Debt | - | - | - | - | - | - | - | - | - | 0.68 |
| Net Cash / Debt | 33.25 | 17.48 | 42.57 | 33.87 | 26.67 | 24.04 | 29.03 | 12.52 | 15.84 | 0.63 |
| Assets | 136 | 127 | 71.72 | 48.39 | 38.75 | 31.10 | 32.85 | 16.72 | 19.85 | 3.01 |
| Liabilities | 28.56 | 31.76 | 10.31 | 8.90 | 8.31 | 7.16 | 7.12 | 3.17 | 1.80 | 2.01 |
| Book Value | 107 | 95.39 | 61.41 | 39.49 | 30.43 | 23.94 | 25.73 | 13.56 | 18.06 | 1.00 |
Company Profile
Company Details
| Full Name | Mitek Systems, Inc. |
| Country | United States |
| Employees | 272 |
| CEO | Scipio Maximus Carnecchia |
Stock Information
| Ticker Symbol | MITK |
| Stock Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software—Application |
| Unique Identifier | NASDAQ: MITK |
Description
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile Websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, etc. through direct sales teams and channel partners. Mitek Systems, Inc. was founded in 1983 and is based in San Diego, California.