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	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	127.12	93.46	58.91	32.06	30.31	19.99
Short-Term Investments	39.95	36.88	74.7	58.27	149.06	40.04
Cash & Short-Term Investments	167.07	130.34	133.61	90.33	179.37	60.02
Cash Growth	35.75%	-2.45%	47.92%	-49.64%	198.84%	80.51%
Receivables	52.39	47.5	50.49	42.96	20.68	20.8
Prepaid Expenses	3.67	4.51	3.51	1.95	1.92	1.34
Other Current Assets	2.74	2.7	2.4	2.62	2.09	1.97
Total Current Assets	225.86	185.05	190.01	137.85	204.06	84.13
Property, Plant & Equipment	4.59	7.23	6.97	8.65	10.73	9.02
Long-Term Investments	8.3	11.41	1.3	10.63	48.05	1.96
Goodwill	134.68	131.57	123.55	115.63	63.1	35.67
Other Intangible Assets	43.81	54.14	64.67	75.76	28.73	19.29
Long-Term Accounts Receivable	1.4	3.62	5.58	4.22	4.41	4.47
Long-Term Deferred Tax Assets	26.26	19.15	11.65	10.11	10.51	13.48
Other Long-Term Assets	1.8	1.59	1.65	1.63	50.11	1.14
Total Assets	446.72	413.75	405.38	364.48	419.69	169.15
Accounts Payable	3.55	7.24	7.59	4.97	2.51	3.91
Accrued Expenses	14.11	10.95	10.89	10.6	12.26	8.88
Current Portion of Long-Term Debt	150.3	0.3	0.2	0.1	0.1	0.1
Current Portion of Leases	0.66	0.81	1.9	2.11	1.94	1.82
Current Income Taxes Payable	-	0.16	4.33	0.21	-	-
Current Unearned Revenue	25.93	21.23	17.36	21.35	10.38	7.97
Other Current Liabilities	4.25	1.46	9.23	9.12	12.02	1.67
Total Current Liabilities	198.8	42.15	51.5	48.46	39.21	24.36
Long-Term Debt	2.4	146	136.62	129.17	121.62	0.6
Long-Term Leases	2.06	4.23	2.87	4.11	6.59	5.33
Long-Term Unearned Revenue	0.84	0.75	0.96	1.78	0.96	1.6
Long-Term Deferred Tax Liabilities	2.89	3.89	6.48	9.58	4.12	4.65
Other Long-Term Liabilities	2.12	1.93	1.77	0.41	54.38	0.38
Total Liabilities	209.12	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	261.8	247.33	228.69	216.49	199.94	146.52
Retained Earnings	-26.59	-30.27	-9.31	-17.34	-6.07	-13.99
Treasury Stock	-	-	-	-	-0.14	-
Comprehensive Income & Other	2.34	-2.3	-14.24	-28.22	-0.94	-0.32
Shareholders' Equity	237.59	214.8	205.19	170.98	192.83	132.24
Total Liabilities & Equity	446.72	413.75	405.38	364.48	419.69	169.15
Total Debt	155.43	151.34	141.59	135.49	130.25	7.85
Net Cash (Debt)	11.64	-21	-7.97	-45.16	49.12	52.18
Net Cash Growth	-	-	-	-	-5.85%	59.80%
Net Cash Per Share	0.25	-0.44	-0.17	-0.99	1.09	1.23
Filing Date Shares Outstanding	45.65	44.92	46.79	45.51	44.61	42.52
Total Common Shares Outstanding	45.62	45	45.59	44.68	44.16	41.78
Working Capital	27.06	142.9	138.51	89.4	164.85	59.77
Book Value Per Share	5.21	4.77	4.50	3.83	4.37	3.17
Tangible Book Value	59.1	29.09	16.97	-20.41	101	77.29
Tangible Book Value Per Share	1.30	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 Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q