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MITEK SYSTEMS INC

MITK

$16.80 ▼ -0.32 (-1.90%) at close

17 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

MITEK SYSTEMS INC shows strong fundamentals with top-quartile Debt to Equity. The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $768.0M

Dividend Yield —

Revenue Growth 4.4% ↗

Op. Margin 9.3% ↗

ROIC 5.2% ↗

FCF / Share $1.19 ↗

Trailing P/E 88.4x

Price / Book 3.2x

FCF Yield 7.1%

Debt / Equity 0.02

info Valuation on last close. End-of-day price, Aug 6, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$179.69M

↑ +4.4% —

Net Income Profit after all expenses

$8.80M

↑ +168.3% —

Operating Margin Operating profit as % of sales

9.3%

↑ +620.7% 55th

FCF / Share Free cash flow per share

$1.19

↑ +82.4% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↑

Cash Quality ↑

Financial view

Statement lens

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Revenue Growth YoY (%)	4.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-63%)	-0.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-102%)	19.2% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+60%)	20.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+74%)	18.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+52%)	19.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+65%)	33.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+176%)	40.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+234%)	30.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+157%)	36.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+207%)	32.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+171%)	29.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+145%)	62.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+423%)	-11.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-195%)	100.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+738%)	—	—
EPS Growth YoY (%)	171.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-61.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	125.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-55.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	93.9% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	616.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-25.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	34.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	16.1% Good Good Year-over-year change in earnings per share Optimal: > 10%	-3000.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	168.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-59.2% Weak ↓ Weak Declining Year-over-year change in net income	117.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-53.7% Weak ↓ Weak Declining Year-over-year change in net income	2.1% Caution Caution Year-over-year change in net income	N/M	93.9% Excellent ↓ Excellent Declining Year-over-year change in net income	N/M	619.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-22.4% Weak ↓ Weak Declining Year-over-year change in net income	N/M	27.3% Excellent ↑ Excellent Improving Year-over-year change in net income	7.2% Fair ↑ Fair Improving Year-over-year change in net income	-6169.1% Weak Weak Year-over-year change in net income	81.7% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	82.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-3.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	49.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-45.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	46.7% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	68.0% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	810.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-87.8% Weak Weak Year-over-year change in free cash flow	25.0% Excellent Excellent Year-over-year change in free cash flow	—	—	—	8.9% Fair Fair Year-over-year change in free cash flow	N/M	—	—	—
Revenue CAGR 3Y (%)	7.5% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	12.8% Good ↓ Good Declining Compound annual revenue growth over 3 years	19.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	19.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	23.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	30.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	34.6% Excellent → Excellent Stable Compound annual revenue growth over 3 years	35.8% Excellent → Excellent Stable Compound annual revenue growth over 3 years	33.3% Excellent → Excellent Stable Compound annual revenue growth over 3 years	32.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	40.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	23.1% Excellent Excellent Compound annual revenue growth over 3 years	42.5% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	12.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	15.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	22.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	26.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	28.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	31.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	34.6% Excellent → Excellent Stable Compound annual revenue growth over 5 years	33.8% Excellent → Excellent Stable Compound annual revenue growth over 5 years	37.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	27.6% Excellent Excellent Compound annual revenue growth over 5 years	37.7% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	33.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-27.0% Weak Weak Compound annual EPS growth over 3 years	-1.8% Weak Weak Compound annual EPS growth over 3 years	—	—	-23.8% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Operating Margin (%) (%)	9.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	1.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-94%)	9.0% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	8.4% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	11.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	8.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	-5.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-127%)	-12.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-161%)	6.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-69%)	5.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-74%)	7.5% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-63%)	-28.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-241%)	-49.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-347%)	-86.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-533%)	2.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	-7.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-137%)	—
Effective Tax Rate (%) (%)	24.2% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	460.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.4% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.0% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	81.8% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-35.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-344.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-27.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	4.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	1.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-87%)	4.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-69%)	2.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-83%)	6.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	7.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	-0.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-106%)	-18.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-224%)	31.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+107%)	5.6% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	10.0% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	-27.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-284%)	-49.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-428%)	-86.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-675%)	-1.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	-13.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-189%)	—
FCF Margin (%) (%)	30.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	17.6% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	17.7% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	13.8% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	30.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	23.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	15.6% Good → Good Stable Free cash flow as a percentage of revenue Optimal: > 10%	2.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	21.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	21.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-14.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-23.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	1.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-15.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	6.16x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	9.23x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	3.81x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	5.41x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	4.51x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.98x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-18.21x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.71x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	3.88x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—	—	0.29x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.27x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.89x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.20x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Return on Invested Capital (%)	5.2% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-3.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.9% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.3% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	6.2% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	5.6% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-11.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	20.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	4.6% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	7.9% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-22.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-28.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-58.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.4% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-38.4% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	3.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.8% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	3.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	5.2% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-3.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-17.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-22.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-47.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	-12.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	3.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-80%)	1.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-92%)	3.9% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-79%)	2.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-88%)	4.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-78%)	5.9% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-68%)	-0.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-104%)	-12.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-167%)	22.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+24%)	5.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	8.3% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	-22.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-219%)	-28.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-253%)	-57.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-413%)	-0.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-104%)	-68.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-468%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Debt to Equity (x)	0.02x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-96%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest Coverage (x)	14.42x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	1.75x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	1.72x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	1.48x Weak Weak Operating income divided by interest expense Optimal: > 5x	2.59x Caution Caution Operating income divided by interest expense Optimal: > 5x	—	—	-269.17x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—	—	—
Net Debt (USD)	$-149.82M	$-93.46M	$-58.91M	$-32.06M	$-30.31M	$-19.99M	$-16.75M	$-9.03M	$-12.29M	$-9.01M	$-2.75M	$-7.77M	$-23.29M	$-6.70M	$-5.66M	$-1.31M	$-674.12K
Debt / EBITDA (x)	0.24x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Revenue per Share (USD)	$3.93	$3.70	$3.79	$3.25	$2.75	$2.45	$2.15	$1.77	$1.37	$1.10	$0.82	$0.63	$0.54	$0.36	$0.48	—	—
Basic EPS, GAAP (USD)	$0.19	$0.07	$0.18	$0.08	$0.18	$0.19	$-0.02	$-0.33	$0.43	$0.06	$0.08	$-0.17	$-0.26	$-0.31	$-0.01	—	—
Free Cash Flow per Share (USD)	$1.19	$0.65	$0.67	$0.45	$0.83	$0.56	$0.34	$0.04	$0.30	$0.24	—	—	$-0.08	$-0.08	$0.01	—	—
Book Value per Share (USD)	$5.26	$4.77	$4.50	$3.83	$4.37	$3.17	$2.66	$2.51	$1.82	$1.20	$0.96	$0.78	$0.85	$0.52	$0.75	$0.06	—
Tangible Book Value per Share (USD)	$2.34	$1.85	$1.79	$1.24	$2.94	$2.31	$1.85	$1.61	$1.73	$1.12	$0.87	$0.78	$0.85	$0.52	$0.75	$0.06	—
Basic Weighted Avg Shares (shares)	45.72M	46.56M	45.53M	44.59M	43.51M	41.41M	39.34M	35.81M	33.08M	31.59M	30.79M	30.47M	27.49M	25.12M	21.51M	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Working Capital (USD)	$39.46M	$142.90M	$138.51M	$89.40M	$164.85M	$59.77M	$34.08M	$17.22M	$41.34M	$31.98M	$24.00M	$21.48M	$25.36M	$11.00M	$17.34M	$1.42M	—
LT Debt (USD)	$4.33M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$240.26M	$214.80M	$205.19M	$170.98M	$192.83M	$132.24M	$107.33M	$95.39M	$61.41M	$39.48M	$30.43M	$23.94M	$25.73M	$13.56M	$18.06M	$1.00M	$125.77K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Sep 30, 2025 10-K ↗	FY 2024 Sep 30, 2024 10-K ↗	FY 2023 Sep 30, 2023 10-K ↗	FY 2022 Sep 30, 2022 10-K ↗	FY 2021 Sep 30, 2021 10-K ↗	FY 2020 Sep 30, 2020 10-K ↗	FY 2019 Sep 30, 2019 10-K ↗	FY 2018 Sep 30, 2018 10-K ↗	FY 2017 Sep 30, 2017 10-K ↗	FY 2016 Sep 30, 2016 10-K ↗	FY 2015 Sep 30, 2015 10-K ↗	FY 2014 Sep 30, 2014 10-K ↗	FY 2013 Sep 30, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗	FY 2009 Sep 30, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$179.69M	$172.08M	$172.55M	$144.80M	$119.80M	$101.31M	$84.59M	$63.56M	$45.39M	$34.70M	$25.37M	$19.15M	$14.80M	$9.09M	$10.27M	$5.12M	—
Depreciation Expense (USD)	$1.30M	$1.80M	$1.73M	$1.40M	$1.44M	$1.50M	$1.39M	$615.00K	$322.00K	$790.00K	$433.00K	$470.70K	$323.38K	$231.98K	$179.29K	$172.60K	—
Net Income, GAAP (USD)	$8.80M	$3.28M	$8.03M	$3.69M	$7.98M	$7.81M	$-724.00K	$-11.81M	$14.09M	$1.96M	$2.53M	$-5.29M	$-7.28M	$-7.84M	$-125.06K	$-682.35K	—
Operating Cash Flow (USD)	$55.34M	$31.69M	$31.59M	$21.12M	$37.34M	$24.12M	$14.25M	$5.63M	$10.45M	$7.85M	—	—	$-615.06K	$-1.78M	$316.17K	$-806.06K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

MITEK SYSTEMS INC

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