Mitek Systems, Inc. (MITK)

Mitek Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	104.7	93.46	58.91	32.06	30.31	19.99
Short-Term Investments	31.47	36.88	74.7	58.27	149.06	40.04
Cash & Short-Term Investments	136.17	130.34	133.61	90.33	179.37	60.02
Cash Growth	9.88%	-2.45%	47.92%	-49.64%	198.84%	80.51%
Receivables	61.71	47.5	50.49	42.96	20.68	20.8
Prepaid Expenses	3.49	4.51	3.51	1.95	1.92	1.34
Other Current Assets	2.55	2.7	2.4	2.62	2.09	1.97
Total Current Assets	203.91	185.05	190.01	137.85	204.06	84.13
Property, Plant & Equipment	4.79	7.23	6.97	8.65	10.73	9.02
Long-Term Investments	16.21	11.41	1.3	10.63	48.05	1.96
Goodwill	128.05	131.57	123.55	115.63	63.1	35.67
Other Intangible Assets	45.14	54.14	64.67	75.76	28.73	19.29
Long-Term Accounts Receivable	1.91	3.62	5.58	4.22	4.41	4.47
Long-Term Deferred Tax Assets	23.47	19.15	11.65	10.11	10.51	13.48
Other Long-Term Assets	1.86	1.59	1.65	1.63	50.11	1.14
Total Assets	425.34	413.75	405.38	364.48	419.69	169.15
Accounts Payable	3.49	7.24	7.59	4.97	2.51	3.91
Accrued Expenses	10.98	10.95	10.89	10.6	12.26	8.88
Current Portion of Long-Term Debt	148.13	0.3	0.2	0.1	0.1	0.1
Current Portion of Leases	0.7	0.81	1.9	2.11	1.94	1.82
Current Income Taxes Payable	-	0.16	4.33	0.21	-	-
Current Unearned Revenue	29.32	21.23	17.36	21.35	10.38	7.97
Other Current Liabilities	2.95	1.46	9.23	9.12	12.02	1.67
Total Current Liabilities	195.56	42.15	51.5	48.46	39.21	24.36
Long-Term Debt	2.2	146	136.62	129.17	121.62	0.6
Long-Term Leases	2.17	4.23	2.87	4.11	6.59	5.33
Long-Term Unearned Revenue	0.37	0.75	0.96	1.78	0.96	1.6
Long-Term Deferred Tax Liabilities	2.72	3.89	6.48	9.58	4.12	4.65
Other Long-Term Liabilities	2.1	1.93	1.77	0.41	54.38	0.38
Total Liabilities	205.13	198.95	200.19	193.5	226.86	36.91
Common Stock	0.05	0.05	0.05	0.04	0.04	0.04
Additional Paid-In Capital	257.11	247.33	228.69	216.49	199.94	146.52
Retained Earnings	-28.99	-30.27	-9.31	-17.34	-6.07	-13.99
Treasury Stock	-	-	-	-	-0.14	-
Comprehensive Income & Other	-7.95	-2.3	-14.24	-28.22	-0.94	-0.32
Shareholders' Equity	220.21	214.8	205.19	170.98	192.83	132.24
Total Liabilities & Equity	425.34	413.75	405.38	364.48	419.69	169.15
Total Debt	153.2	151.34	141.59	135.49	130.25	7.85
Net Cash (Debt)	-17.03	-21	-7.97	-45.16	49.12	52.18
Net Cash Growth	-	-	-	-	-5.85%	59.80%
Net Cash Per Share	-0.36	-0.44	-0.17	-0.99	1.09	1.23
Filing Date Shares Outstanding	45.56	44.92	46.79	45.51	44.61	42.52
Total Common Shares Outstanding	45.53	45	45.59	44.68	44.16	41.78
Working Capital	8.35	142.9	138.51	89.4	164.85	59.77
Book Value Per Share	4.84	4.77	4.50	3.83	4.37	3.17
Tangible Book Value	47.02	29.09	16.97	-20.41	101	77.29
Tangible Book Value Per Share	1.03	0.65	0.37	-0.46	2.29	1.85
Machinery	-	3.5	4.39	4.09	3.65	4.16
Leasehold Improvements	-	1.2	2.61	2.55	2.62	3.64

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q