MITEK SYSTEMS INC MITK
MITEK SYSTEMS INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $179.7M | $172.1M | $172.6M | $144.8M | $119.8M | $101.3M | $84.6M | $63.6M | $45.4M | $34.7M |
| R&D expense | $35.3M | $34.6M | $29.0M | $30.2M | $28.0M | $22.9M | $21.9M | $18.1M | $10.4M | $7.8M |
| Operating income | $16.8M | $2.2M | $15.6M | $12.2M | $13.3M | $8.9M | -$4.6M | -$7.8M | $2.8M | $1.8M |
| Interest expense | — | — | $9.1M | $8.2M | $5.1M | $0 | $0 | — | — | — |
| Income tax | $2.8M | -$4.2M | $2.3M | -$92,000 | $824,000 | $1.6M | -$3.3M | $3.1M | -$10.9M | -$1,000 |
| Net income | $8.8M | $3.3M | $8.0M | $3.7M | $8.0M | $7.8M | -$724,000 | -$11.8M | $14.1M | $2.0M |
| EPS (diluted) | $0.19 | $0.07 | $0.17 | $0.08 | $0.18 | $0.18 | $-0.02 | $-0.33 | $0.40 | $0.06 |
| Operating cash flow | $55.3M | $31.7M | $31.6M | $21.1M | $37.3M | $24.1M | $14.2M | $5.6M | $10.4M | $7.9M |
| Free cash flow | $54.2M | $30.2M | $30.6M | $20.0M | $36.0M | $23.3M | $13.2M | $1.3M | $10.0M | $7.6M |
| Cash & equivalents | $154.2M | $93.5M | $58.9M | $32.1M | $30.3M | $20.0M | $16.7M | $9.0M | $12.3M | $9.0M |
| Total assets | $459.1M | $413.8M | $405.4M | $364.5M | $419.7M | $169.2M | $135.9M | $127.2M | $71.7M | $48.4M |
| Total liabilities | $218.9M | $199.0M | $200.2M | $193.5M | $226.9M | $36.9M | $28.6M | $31.8M | $10.3M | $8.9M |
| Shareholders' equity | $240.3M | $214.8M | $205.2M | $171.0M | $192.8M | $132.2M | $107.3M | $95.4M | $61.4M | $39.5M |
Growth · year-over-year · Revenue CAGR 20%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +4.4% | -0.3% | +19.2% | +20.9% | +18.2% | +19.8% | +33.1% | +40.0% | +30.8% | +36.8% |
| Net income growth | +168.3% | -59.2% | +117.3% | -53.7% | +2.1% | — | — | -183.8% | +619.3% | -22.4% |
| EPS growth | +171.4% | -58.8% | +112.5% | -55.6% | +0.0% | — | — | -182.5% | +566.7% | -25.0% |
| Free cash flow growth | +79.1% | -1.0% | +52.8% | -44.4% | +54.2% | +76.8% | +899.8% | -86.8% | +30.9% | +26.1% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.