Stock Fundamentals

Company Information

Company Name
Mitek Systems Inc
Sector
Technology
Industry
Software - Application
Exchange
NASDAQ
ISIN: US6067102003
CIK: 0000807863
CUSIP: 606710200
Currency: USD
Full Time Employees: 561
Phone: 619 269 6800
Fiscal Year End: September
IPO Date: May 26, 1995
Description:

Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.

Address:

770 First Avenue, San Diego, CA, United States, 92101

Directors & Officers

Name Title Year Born
Mr. Edward H. West CEO & Director 1967
Mr. David B. Lyle Chief Financial Officer 1964
Mr. Garrett V. Gafke Chief Operating Officer 1972
Mr. Jason L. Gray J.D. Chief Legal Officer, Chief Compliance Officer & Corporate Secretary 1971
Mr. Michael E. Diamond GM & Senior VP of Digital Banking 1965
Mr. Alexey Khitrov CTO & Chief Innovation Officer NA
Mr. Todd Kehrli Investor Contacts NA
Ms. Cindy White Chief Marketing Officer NA
Ms. Judith Ohrn Hicks Senior Vice President of People Operations 1964

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 3.76M Dec 31, 2025 8.31% $0.00 1.27%
BlackRock Inc 3.27M Sep 30, 2025 7.23% $0.00 0.62%
Legal & General Group PLC 2.81M Dec 31, 2025 6.20% $0.01 -3.83%
Amvescap Plc. 1.91M Sep 30, 2025 4.21% $0.00 1.00%
Dimensional Fund Advisors, Inc. 1.66M Dec 31, 2025 3.65% $0.00 2.17%
Impax Asset Management Group PLC 1.30M Dec 31, 2025 2.86% $0.09 8.37%
Marshall Wace Asset Management Ltd 1.27M Sep 30, 2025 2.80% $0.01 -6.26%
Geode Capital Management, LLC 1.25M Sep 30, 2025 2.76% $0.00 14.55%
Independent Advisor Alliance 1.23M Dec 31, 2025 2.70% $0.31 4.52%
State Street Corp 1.21M Sep 30, 2025 2.67% $0.00 1.06%
Topline Capital Management LLC 1.06M Sep 30, 2025 2.33% $1.77 99.64%
Prudential Financial Inc 1.01M Sep 30, 2025 2.24% $0.01 16.34%
Ameriprise Financial Inc 763.76K Sep 30, 2025 1.69% $0.00 6.20%
Wellington Management Company LLP 718.51K Dec 31, 2025 1.59% $0.00 0.00%
Hillsdale Investment Management Inc. 524.90K Dec 31, 2025 1.16% $0.15 0.00%
CSM Advisors, LLC 508.73K Sep 30, 2025 1.12% $0.14 -3.14%
Lynrock Lake LP 463.77K Dec 31, 2025 1.02% $0.32 -18.48%
Northern Trust Corp 446.83K Sep 30, 2025 0.99% $0.00 -1.30%
Kent Lake PR LLC 400.00K Sep 30, 2025 0.88% $1.97 -55.56%
Renaissance Technologies Corp 391.80K Dec 31, 2025 0.86% $0.01 25.88%

Shares Statistics

Shares Outstanding: 45.32M
Shares Float: 44.21M
% Insiders: 263.30%
% Institutions: 8,230.90%
Short % Float: 4.29%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Group Inc 3.76M 8.31% ▲ 1.27% Dec 31, 2025
2 BlackRock Inc 3.27M 7.23% ▲ 0.62% Sep 30, 2025
3 Legal & General Group PLC 2.81M 6.20% ▼ 3.83% Dec 31, 2025
4 Amvescap Plc. 1.91M 4.21% ▲ 1.00% Sep 30, 2025
5 Dimensional Fund Advisors, Inc. 1.66M 3.65% ▲ 2.17% Dec 31, 2025
6 Impax Asset Management Group PLC 1.30M 2.86% ▲ 8.37% Dec 31, 2025
7 Marshall Wace Asset Management Ltd 1.27M 2.80% ▼ 6.26% Sep 30, 2025
8 Geode Capital Management, LLC 1.25M 2.76% ▲ 14.55% Sep 30, 2025
9 Independent Advisor Alliance 1.23M 2.70% ▲ 4.52% Dec 31, 2025
10 State Street Corp 1.21M 2.67% ▲ 1.06% Sep 30, 2025

Valuation Metrics

Enterprise Value: $627.87M
Trailing P/E: 41.66
Forward P/E: 9.13

Financial Highlights

Market Cap: $660.71M
EBITDA: $40.04M
P/E Ratio: $41.66
PEG Ratio: $1.28
Book Value: $5.16
Earnings/Share: $0.35
Profit Margin: 8.67%
Operating Margin: 13.46%
ROA (TTM): 3.84%
ROE (TTM): 7.45%
Revenue (TTM): $186.68M
Revenue/Share (TTM): $4.07
Earnings Growth (YOY): -78.20%
Revenue Growth (YOY): 18.80%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-09-30 1.19x 0.64x 0.48x 1.72x 4.16x
2024-09-30 4.39x 0.67x 0.48x 0.24x 5.72x
2023-09-30 3.69x 0.67x 0.49x 1.72x 3.57x
2022-09-30 3.19x 0.76x 0.53x 1.70x 11.86x
2021-09-30 5.20x 0.64x 0.54x 2.59x 5.37x
2020-09-30 3.45x 0.01x 0.22x 11.53x 0.10x
2019-09-30 2.70x 0.01x 0.21x -0.83x 0.14x
2018-09-30 1.84x 0.09x 0.25x N/A -2.68x
2017-09-30 5.34x 0.06x 0.14x N/A 1.01x
2016-09-30 4.84x 0.08x 0.18x N/A 1.02x
2015-09-30 4.24x 0.07x 0.21x 573.51x 0.83x
2014-09-30 4.46x 0.06x 0.23x -839.10x -0.30x
2013-09-30 5.36x 0.06x 0.22x -48.03x -0.22x
2012-09-30 4.55x 0.00x 0.19x -32.84x 0.00x
2011-09-30 10.78x 0.00x 0.09x 0.60x 0.00x
2010-09-30 2.10x 0.68x 0.67x -1.29x -3.25x
2009-09-30 0.80x 0.00x 0.92x -236.84x 0.00x
2008-09-30 1.66x 0.00x 0.52x -2,565.65x 0.00x
2007-09-30 2.91x 0.00x 0.35x N/A 0.00x
2006-09-30 2.12x 0.00x 0.46x N/A 0.00x
2005-09-30 1.66x 1.17x 0.71x N/A 2.96x
2004-09-30 1.87x 0.80x 0.54x -0.01x -1.00x
2003-09-30 1.87x 0.00x 0.54x N/A 0.00x
2002-09-30 2.70x 0.00x 0.39x N/A 0.00x
2001-09-30 2.91x 0.00x 0.31x N/A 0.00x
2000-09-30 2.42x 0.10x 0.37x N/A -0.50x
1999-09-30 3.82x 0.00x 0.24x N/A 0.00x
1998-09-30 2.39x 0.00x 0.30x N/A 0.00x
1997-09-30 3.36x 0.00x 0.19x N/A 0.00x
1996-09-30 2.73x 0.00x 0.29x N/A 0.00x
1995-09-30 1.40x 0.23x 0.55x N/A 1.50x
1994-09-30 1.11x 0.75x 0.74x N/A -1.50x
1993-09-30 1.22x 1.00x 0.65x N/A 4.50x
1992-09-30 2.43x 0.37x 0.57x N/A 1.00x
1991-09-30 1.53x 1.26x 0.78x N/A 1.17x
1990-09-30 1.36x 2.83x 0.87x N/A 2.68x
1989-09-30 2.06x 1.17x 0.85x N/A 1.08x
1988-09-30 1.08x 4.63x 0.89x N/A -37.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jun 13, 2025 Michael E Diamond N/A Sale 70.35K $9.77 $687.34K

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