MITK Mitek Systems Inc

Price (delayed)

$8.6

Market cap

$397.35M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.15

Enterprise value

$457.69M

Mitek Systems Inc. is a global leader in mobile capture and digital identity verification built on the latest advancements in computer vision and artificial intelligence. Mitek's identity verification solutions enable ...

Highlights
The quick ratio has grown by 21% YoY
MITK's net income has dropped by 169% year-on-year but it is up by 9% since the previous quarter
MITK's EPS has shrunk by 168% YoY but it is up by 6% QoQ
The gross profit has declined by 7% year-on-year
The revenue has contracted by 4.6% YoY

Key stats

What are the main financial stats of MITK
Market
Shares outstanding
46.2M
Market cap
$397.35M
Enterprise value
$457.69M
Valuations
Price to book (P/B)
1.92
Price to sales (P/S)
2.43
EV/EBIT
N/A
EV/EBITDA
31.12
EV/Sales
2.75
Earnings
Revenue
$166.52M
EBIT
-$2.38M
EBITDA
$14.71M
Free cash flow
$12.53M
Per share
EPS
-$0.15
Free cash flow per share
$0.27
Book value per share
$4.48
Revenue per share
$3.54
TBVPS
$4.84
Balance sheet
Total assets
$409.23M
Total liabilities
$199.59M
Debt
$144.69M
Equity
$209.64M
Working capital
$151.78M
Liquidity
Debt to equity
0.69
Current ratio
4.46
Quick ratio
3.75
Net debt/EBITDA
4.1
Margins
EBITDA margin
8.8%
Gross margin
85.3%
Net margin
-4%
Operating margin
-5.3%
Efficiency
Return on assets
-1.6%
Return on equity
-3.2%
Return on invested capital
-1%
Return on capital employed
-0.7%
Return on sales
-1.4%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

MITK stock price

How has the Mitek Systems stock price performed over time
Intraday
-0.58%
1 week
-7.73%
1 month
-21.89%
1 year
-33.33%
YTD
-34.05%
QTD
-23.08%

Financial performance

How have Mitek Systems's revenue and profit performed over time
Revenue
$166.52M
Gross profit
$142.01M
Operating income
-$8.77M
Net income
-$6.74M
Gross margin
85.3%
Net margin
-4%
MITK's net margin has plunged by 171% YoY but it is up by 11% from the previous quarter
MITK's net income has dropped by 169% year-on-year but it is up by 9% since the previous quarter
The operating margin has dropped by 141% year-on-year and by 13% since the previous quarter
The company's operating income has shrunk by 139% YoY and by 14% QoQ

Growth

What is Mitek Systems's growth rate over time

Valuation

What is Mitek Systems stock price valuation
P/E
N/A
P/B
1.92
P/S
2.43
EV/EBIT
N/A
EV/EBITDA
31.12
EV/Sales
2.75
MITK's EPS has shrunk by 168% YoY but it is up by 6% QoQ
The P/B is 40% below the 5-year quarterly average of 3.2 and 29% below the last 4 quarters average of 2.7
MITK's equity is down by 3% since the previous quarter
The price to sales (P/S) is 43% lower than the 5-year quarterly average of 4.3 and 29% lower than the last 4 quarters average of 3.4
The revenue has contracted by 4.6% YoY

Efficiency

How efficient is Mitek Systems business performance
The ROA has plunged by 164% YoY but it has grown by 11% from the previous quarter
The company's return on equity has shrunk by 163% YoY but it rose by 9% QoQ
MITK's ROS has shrunk by 110% YoY and by 27% QoQ
The return on invested capital has dropped by 109% year-on-year and by 25% since the previous quarter

Dividends

What is MITK's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for MITK.

Financial health

How did Mitek Systems financials performed over time
The company's total assets is 105% higher than its total liabilities
Mitek Systems's current ratio has increased by 34% YoY and by 4.4% from the previous quarter
The quick ratio has grown by 21% YoY
MITK's debt is 31% less than its equity
The debt to equity has grown by 4.5% from the previous quarter and by 3% YoY
MITK's debt is up by 4.3% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.