Mitek Systems (MITK)
Combines biometric identity verification with mobile check-deposit technology for banks and fintechs.
$17.40
After hours−0.08 (−0.46%)
At close$17.48(+1.98%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 37 | 47 | 45 | 43 | 37 | 52 | 46 | 45 | 44 | 55 | 54 |
| Cost of revenue | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 8 | 0 | 8 |
| Gross profit | 31 | 31 | 41 | 38 | 37 | 31 | 45 | 39 | 37 | 36 | 55 | 46 |
| 35 | 38 | 40 | 38 | 29 | 34 | 34 | 35 | 33 | 30 | 41 | 34 | |
| Research & development | 6 | 9 | 10 | 10 | 6 | 8 | 10 | 9 | 8 | 7 | 8 | 8 |
| 24 | 25 | 26 | 23 | 19 | 22 | 21 | 22 | 21 | 19 | 22 | 23 | |
| Selling & marketing | 11 | 10 | 11 | 10 | 10 | 10 | 11 | 11 | 10 | 8 | 10 | 10 |
| General & administrative | 13 | 16 | 15 | 13 | 10 | 12 | 10 | 11 | 11 | 11 | 12 | 13 |
| Other expenses | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 4 | 12 | 3 |
| Operating income | −3 | −7 | 1 | 1 | 8 | −3 | 11 | 4 | 5 | 5 | 14 | 12 |
| 0 | −1 | −1 | −1 | −1 | −2 | −1 | −1 | −1 | −1 | −1 | 0 | |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| Other non-operating income | −2 | −2 | −1 | −1 | −2 | −1 | −1 | −2 | −1 | −2 | −1 | 0 |
| Income before tax | −4 | −8 | 0 | 0 | 7 | −5 | 10 | 3 | 3 | 4 | 13 | 11 |
| Income tax expense | −2 | −2 | −1 | 0 | −1 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Net income from continuing operations | −1 | −6 | 0 | 0 | 9 | −5 | 9 | 2 | 2 | 3 | 10 | 8 |
| Net income | −1 | −6 | 0 | 0 | 9 | −5 | 9 | 2 | 2 | 3 | 10 | 8 |
| EPS, basic | −$0.03 | −$0.13 | $0.01 | $0.00 | $0.19 | −$0.10 | $0.20 | $0.05 | $0.04 | $0.06 | $0.21 | $0.19 |
| EPS, diluted | −$0.03 | −$0.13 | $0.01 | $0.00 | $0.18 | −$0.10 | $0.20 | $0.05 | $0.04 | $0.06 | $0.20 | $0.17 |
| Weighted average shares, basic | 46 | 46 | 47 | 47 | 47 | 45 | 46 | 46 | 46 | 46 | 45 | 45 |
| Weighted average shares, diluted | 46 | 46 | 48 | 48 | 47 | 45 | 47 | 47 | 47 | 47 | 49 | 49 |
| EBITDA | 3 | −1 | 6 | 6 | 14 | 2 | 16 | 10 | 9 | 11 | 19 | 23 |
| Depreciation & amortization | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 11 |
| EBIT | −1 | −5 | 2 | 2 | 10 | −3 | 12 | 6 | 6 | 7 | 14 | 12 |
