Mitek Systems Balance Sheet

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
Cash & Equivalents	175.12	154.15	93.46	58.91	32.06	30.31
Short-Term Investments	14.95	38.86	36.88	74.7	58.27	149.06
Cash & Short-Term Investments	190.08	193.01	130.34	133.61	90.33	179.37
Cash Growth	56.82%	48.08%	-2.45%	47.92%	-49.64%	198.84%
Receivables	43.63	49.5	47.5	50.49	42.96	20.68
Prepaid Expenses	2.13	3.05	4.51	3.51	1.95	1.92
Other Current Assets	3.26	2.94	2.7	2.4	2.62	2.09
Total Current Assets	239.1	248.49	185.05	190.01	137.85	204.06
Property, Plant & Equipment	5.8	4.94	7.23	6.97	8.65	10.73
Long-Term Investments	1.71	3.46	11.41	1.3	10.63	48.05
Goodwill	133.4	133.46	131.57	123.55	115.63	63.1
Other Intangible Assets	36.47	39.8	54.14	64.67	75.76	28.73
Long-Term Accounts Receivable	1.94	1.41	3.62	5.58	4.22	4.41
Long-Term Deferred Tax Assets	24.97	25.33	19.15	11.65	10.11	10.51
Other Long-Term Assets	3.06	2.22	1.59	1.65	1.63	50.11
Total Assets	446.45	459.11	413.75	405.38	364.48	419.69
Accounts Payable	5.06	3.87	7.24	7.59	4.97	2.51
Accrued Expenses	10.89	17.18	10.75	10.89	10.6	12.26
Current Portion of Long-Term Debt	154.76	152.52	0.3	0.2	0.1	0.1
Current Portion of Leases	0.91	0.89	0.81	1.9	2.11	1.94
Current Income Taxes Payable	-	-	-	4.33	0.21	-
Current Unearned Revenue	25.21	29.06	21.23	17.36	21.35	10.38
Other Current Liabilities	6.28	5.51	1.83	9.23	9.12	12.02
Total Current Liabilities	203.11	209.03	42.15	51.5	48.46	39.21
Long-Term Debt	4.5	4	146	136.62	129.17	121.62
Long-Term Leases	1.86	2.08	4.23	2.87	4.11	6.59
Long-Term Unearned Revenue	0.74	1.09	0.75	0.96	1.78	0.96
Long-Term Deferred Tax Liabilities	0.3	0.3	3.89	6.48	9.58	4.12
Other Long-Term Liabilities	2.29	2.36	1.93	1.77	0.41	54.38
Total Liabilities	212.8	218.85	198.95	200.19	193.5	226.86
Common Stock	0.05	0.05	0.05	0.05	0.04	0.04
Additional Paid-In Capital	266.57	265.84	247.33	228.69	216.49	199.94
Retained Earnings	-33.43	-26.21	-30.27	-9.31	-17.34	-6.07
Treasury Stock	-	-	-	-	-	-0.14
Comprehensive Income & Other	0.47	0.59	-2.3	-14.24	-28.22	-0.94
Shareholders' Equity	233.66	240.26	214.8	205.19	170.98	192.83
Total Liabilities & Equity	446.45	459.11	413.75	405.38	364.48	419.69
Total Debt	162.03	159.49	151.34	141.59	135.49	130.25
Net Cash (Debt)	28.04	33.53	-21	-7.97	-45.16	49.12
Net Cash Growth	-	-	-	-	-	-5.85%
Net Cash Per Share	0.59	0.71	-0.44	-0.17	-0.99	1.09
Filing Date Shares Outstanding	45.32	45.74	44.92	46.79	45.51	44.61
Total Common Shares Outstanding	45.28	45.64	45	45.59	44.68	44.16
Working Capital	35.99	39.46	142.9	138.51	89.4	164.85
Book Value Per Share	5.16	5.26	4.77	4.50	3.83	4.37
Tangible Book Value	63.79	67	29.09	16.97	-20.41	101
Tangible Book Value Per Share	1.41	1.47	0.65	0.37	-0.46	2.29
Machinery	-	2.96	3.5	4.39	4.09	3.65
Leasehold Improvements	-	1.04	1.2	2.61	2.55	2.62

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q