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	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	93.46	93.46	58.91	32.06	30.31	19.99
Short-Term Investments	36.88	36.88	74.7	58.27	149.06	40.04
Cash & Short-Term Investments	130.34	130.34	133.61	90.33	179.37	60.02
Cash Growth	-2.45%	-2.45%	47.92%	-49.64%	198.84%	80.51%
Receivables	47.5	47.5	50.49	42.96	20.68	20.8
Prepaid Expenses	4.51	4.51	3.51	1.95	1.92	1.34
Other Current Assets	2.7	2.7	2.4	2.62	2.09	1.97
Total Current Assets	185.05	185.05	190.01	137.85	204.06	84.13
Property, Plant & Equipment	7.23	7.23	6.97	8.65	10.73	9.02
Long-Term Investments	11.41	11.41	1.3	10.63	48.05	1.96
Goodwill	131.57	131.57	123.55	115.63	63.1	35.67
Other Intangible Assets	54.14	54.14	64.67	75.76	28.73	19.29
Long-Term Accounts Receivable	3.62	3.62	5.58	4.22	4.41	4.47
Long-Term Deferred Tax Assets	19.15	19.15	11.65	10.11	10.51	13.48
Other Long-Term Assets	1.59	1.59	1.65	1.63	50.11	1.14
Total Assets	413.75	413.75	405.38	364.48	419.69	169.15
Accounts Payable	7.24	7.24	7.59	4.97	2.51	3.91
Accrued Expenses	10.95	10.95	10.89	10.6	12.26	8.88
Current Portion of Long-Term Debt	0.3	0.3	0.2	0.1	0.1	0.1
Current Portion of Leases	0.81	0.81	1.9	2.11	1.94	1.82
Current Income Taxes Payable	0.16	0.16	4.33	0.21	-	-
Current Unearned Revenue	21.23	21.23	17.36	21.35	10.38	7.97
Other Current Liabilities	1.46	1.46	9.23	9.12	12.02	1.67
Total Current Liabilities	42.15	42.15	51.5	48.46	39.21	24.36
Long-Term Debt	146	146	136.62	129.17	121.62	0.6
Long-Term Leases	4.23	4.23	2.87	4.11	6.59	5.33
Long-Term Unearned Revenue	0.75	0.75	0.96	1.78	0.96	1.6
Long-Term Deferred Tax Liabilities	3.89	3.89	6.48	9.58	4.12	4.65
Other Long-Term Liabilities	1.93	1.93	1.77	0.41	54.38	0.38
Total Liabilities	198.95	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	247.33	247.33	228.69	216.49	199.94	146.52
Retained Earnings	-30.27	-30.27	-9.31	-17.34	-6.07	-13.99
Treasury Stock	-	-	-	-	-0.14	-
Comprehensive Income & Other	-2.3	-2.3	-14.24	-28.22	-0.94	-0.32
Shareholders' Equity	214.8	214.8	205.19	170.98	192.83	132.24
Total Liabilities & Equity	413.75	413.75	405.38	364.48	419.69	169.15
Total Debt	151.34	151.34	141.59	135.49	130.25	7.85
Net Cash (Debt)	-21	-21	-7.97	-45.16	49.12	52.18
Net Cash Growth	-	-	-	-	-5.86%	59.80%
Net Cash Per Share	-0.44	-0.44	-0.17	-0.99	1.09	1.23
Filing Date Shares Outstanding	44.92	44.92	46.79	45.51	44.61	42.52
Total Common Shares Outstanding	45	45	45.59	44.68	44.16	41.78
Working Capital	142.9	142.9	138.51	89.4	164.85	59.77
Book Value Per Share	4.77	4.77	4.50	3.83	4.37	3.17
Tangible Book Value	29.09	29.09	16.97	-20.41	101	77.29
Tangible Book Value Per Share	0.65	0.65	0.37	-0.46	2.29	1.85
Machinery	3.5	3.5	4.39	4.09	3.65	4.16
Leasehold Improvements	1.2	1.2	2.61	2.55	2.62	3.64

Source: S&P Capital IQ. Standard template. Financial Sources.