/
Mitek Systems, Inc. ( Mitek or the Company ) is a global provider of digital identity verification and fraud prevention solutions. The Company s technologies help organizations verify identities, mitigate fraud risk, and enable secure digital interactions in response to increasingly complex and evolving threats, including those driven by artificial intelligence ( AI ).
Operating margin is thin at 9.34%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 4.4%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$190M
▲ +4.4% YoY
Net Income (TTM)
$17M
▲ +168.3% YoY
Op. Margin
14.50%
▲ +8.0pp YoY
ROIC
8.02%
▲ +5.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$45M
▲ +79.1% YoY
Op. Cash Flow (TTM)
$48M
▲ +74.6% YoY
Net Debt
-$25M
Net Cash Position
Cash & Equiv.
$78M
5Y CAGR: +12.1%
5Y CAGR: +18.4%
Continue Research