MITK RSI Chart
Last 7 days
3.4%
Last 30 days
-6.3%
Last 90 days
-1.7%
Trailing 12 Months
39.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 170.6M | 174.5M | 172.6M | 163.8M |
2022 | 131.0M | 138.4M | 144.8M | 158.0M |
2021 | 110.8M | 117.2M | 119.8M | 126.3M |
2020 | 92.2M | 95.7M | 101.3M | 105.2M |
2019 | 74.8M | 80.6M | 84.6M | 89.0M |
2018 | 51.1M | 55.4M | 63.6M | 69.1M |
2017 | 39.5M | 42.2M | 45.4M | 48.3M |
2016 | 30.2M | 32.9M | 34.7M | 36.6M |
2015 | 21.3M | 23.0M | 25.4M | 27.4M |
2014 | 17.2M | 18.0M | 19.2M | 20.1M |
2013 | 10.9M | 11.6M | 14.8M | 16.0M |
2012 | 10.7M | 10.9M | 9.1M | 8.9M |
2011 | 7.7M | 9.0M | 10.3M | 12.4M |
2010 | 0 | 0 | 5.1M | 6.4M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Jan 02, 2024 | lyle david | acquired | 750,005 | 12.89 | 58,185 | chief financial officer |
Dec 10, 2023 | gray jason | acquired | 750,006 | 10.85 | 69,125 | gc, secretary & admin officer |
Dec 07, 2023 | carnecchia scipio maximus | sold | -609,387 | 10.86 | -56,113 | chief executive officer |
Dec 07, 2023 | briggs christopher h | sold | -24,836 | 10.86 | -2,287 | - |
Dec 07, 2023 | diamond michael e | sold | -78,648 | 10.86 | -7,242 | - |
Dec 01, 2023 | briggs christopher h | acquired | 325,007 | 11.35 | 28,635 | - |
Dec 01, 2023 | diamond michael e | sold | -22,095 | 11.07 | -1,996 | - |
Dec 01, 2023 | briggs christopher h | sold | -16,815 | 11.07 | -1,519 | - |
Dec 01, 2023 | carnecchia scipio maximus | sold | -136,936 | 11.07 | -12,370 | chief executive officer |
Dec 01, 2023 | carnecchia scipio maximus | acquired | 1,000,000 | 11.35 | 88,106 | chief executive officer |
Which funds bought or sold MITK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 24, 2024 | Assenagon Asset Management S.A. | added | 13.44 | 54,022 | 292,406 | -% |
Apr 24, 2024 | BROWN ADVISORY INC | unchanged | - | 10,600 | 141,000 | -% |
Apr 24, 2024 | ABSOLUTE INVESTMENT ADVISERS, LLC | unchanged | - | 433,629,000 | 5,717,890,000 | 0.91% |
Apr 23, 2024 | Global Retirement Partners, LLC | unchanged | - | 2,054 | 12,591 | -% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -75.36 | -57,000 | 21,000 | -% |
Apr 23, 2024 | WESBANCO BANK INC | new | - | 1,099,800 | 1,099,800 | 0.04% |
Apr 23, 2024 | Total Clarity Wealth Management, Inc. | sold off | -100 | -147,417 | - | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 53,801 | 302,398 | -% |
Apr 22, 2024 | PFG Investments, LLC | new | - | 430,050 | 430,050 | 0.03% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | added | 4.56 | 124,760 | 1,079,850 | -% |
Unveiling Mitek Systems Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Mitek Systems Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 264.8B | 34.9B | 64.03 | 7.6 | ||||
UBER | 143.9B | 37.3B | 76.24 | 3.86 | ||||
ADSK | 46.3B | 5.3B | 50.48 | 8.66 | ||||
ANSS | 28.4B | 2.3B | 56.85 | 12.53 | ||||
ZM | 18.4B | 4.5B | 28.79 | 4.05 | ||||
MID-CAP | ||||||||
APPF | 7.7B | 620.4M | 2.9K | 12.44 | ||||
LYFT | 6.2B | 4.4B | -18.17 | 1.4 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
ALRM | 3.3B | 881.7M | 40.55 | 3.7 | ||||
AI | 2.7B | 296.4M | -9.83 | 9.01 | ||||
AGYS | 2.3B | 228.1M | 26.15 | 10.01 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 185.7M | 572.4M | -0.94 | 0.32 | ||||
ASUR | 180.2M | 119.1M | -19.56 | 1.51 | ||||
AEYE | 173.7M | 31.3M | -29.58 | 5.55 |
Mitek Systems Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.0% | 37.00 | 38.00 | 43.00 | 46.00 | 46.00 | 40.00 | 39.00 | 34.00 | 32.00 | 33.00 | 32.00 | 29.00 | 26.00 | 31.00 | 25.00 | 23.00 | 22.00 | 25.00 | 22.00 | 20.00 | 18.00 |
Costs and Expenses | 7.1% | 44.00 | 41.00 | 41.00 | 37.00 | 37.00 | 36.00 | 38.00 | 31.00 | 28.00 | 29.00 | 26.00 | 26.00 | 24.00 | 25.00 | 24.00 | 22.00 | 22.00 | 20.00 | 25.00 | 22.00 | 22.00 |
Operating Expenses | -100.0% | - | 35.00 | 36.00 | 32.00 | 32.00 | 31.00 | 33.00 | 26.00 | 23.00 | - | - | - | - | - | - | - | - | - | - | - | - |
S&GA Expenses | -11.3% | 10.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 9.00 | 8.00 | 8.00 | 8.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 4.00 | 7.00 | 7.00 | 7.00 |
R&D Expenses | 36.9% | 9.00 | 6.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 7.00 | 6.00 | 8.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 7.00 | 5.00 | 5.00 | 4.00 |
EBITDA Margin | -64.2% | 0.04* | 0.12* | 0.14* | 0.14* | 0.10* | 0.09* | 0.10* | 0.14* | 0.15* | 0.13* | 0.15* | 0.12* | 0.11* | 0.11* | - | - | - | - | - | - | - |
Interest Expenses | -5.7% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | - | - | - | - | - | - | - | - | - |
Income Taxes | 17.9% | -1.74 | -2.12 | 1.00 | 2.00 | 2.00 | 1.00 | -0.88 | -0.02 | -0.17 | 1.00 | 0.00 | 0.00 | -0.53 | 1.00 | 0.00 | 0.00 | 0.00 | 2.00 | -2.71 | -0.79 | -1.35 |
Earnings Before Taxes | -111.3% | -7.54 | -3.57 | 0.00 | 7.00 | 7.00 | 1.00 | -1.09 | 0.00 | 3.00 | 2.00 | 3.00 | 1.00 | 2.00 | 6.00 | 2.00 | 1.00 | 1.00 | 5.00 | -2.81 | -1.51 | -4.55 |
EBT Margin | -138.4% | -0.02* | 0.06* | 0.08* | 0.08* | 0.04* | 0.02* | 0.03* | 0.07* | 0.08* | 0.07* | 0.11* | 0.10* | 0.10* | 0.09* | - | - | - | - | - | - | - |
Net Income | -301.2% | -5.79 | -1.44 | -0.43 | 5.00 | 5.00 | 0.00 | -0.21 | 0.00 | 3.00 | 2.00 | 3.00 | 1.00 | 2.00 | 5.00 | 1.00 | 1.00 | 1.00 | 3.00 | -0.10 | -0.72 | -3.19 |
Net Income Margin | -132.8% | -0.02* | 0.05* | 0.05* | 0.06* | 0.03* | 0.02* | 0.04* | 0.06* | 0.07* | 0.07* | 0.10* | 0.09* | 0.09* | 0.08* | - | - | - | - | - | - | - |
Free Cashflow | -413.5% | -9.70 | 3.00 | 16.00 | 6.00 | 5.00 | 10.00 | 6.00 | 7.00 | 2.00 | 12.00 | 9.00 | 7.00 | 8.00 | 6.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.0% | 405 | 405 | 417 | 402 | 386 | 364 | 374 | 384 | 403 | 420 | 422 | 356 | 177 | 169 | 157 | 148 | 147 | 136 | 136 | 128 | 126 |
Current Assets | -2.1% | 186 | 190 | 178 | 160 | 141 | 138 | 112 | 94.00 | 188 | 204 | 205 | 207 | 87.00 | 84.00 | 69.00 | 55.00 | 52.00 | 54.00 | 47.00 | 41.00 | 37.00 |
Cash Equivalents | 9.5% | 65.00 | 59.00 | 87.00 | 83.00 | 57.00 | 32.00 | 22.00 | 24.00 | 24.00 | 30.00 | 41.00 | 54.00 | 27.00 | 20.00 | 19.00 | 17.00 | 15.00 | 17.00 | 16.00 | 19.00 | 10.00 |
Net PPE | -4.7% | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 |
Goodwill | 3.3% | 128 | 124 | 132 | 130 | 128 | 116 | 127 | 135 | 62.00 | 63.00 | 67.00 | 36.00 | 37.00 | 36.00 | 34.00 | 34.00 | 34.00 | 33.00 | 34.00 | 33.00 | 34.00 |
Liabilities | -4.3% | 192 | 200 | 210 | 199 | 194 | 194 | 198 | 199 | 216 | 227 | 234 | 188 | 35.00 | 37.00 | 38.00 | 34.00 | 35.00 | 29.00 | 33.00 | 30.00 | 31.00 |
Current Liabilities | -23.1% | 40.00 | 51.00 | 54.00 | 45.00 | 42.00 | 48.00 | 45.00 | 41.00 | 33.00 | 39.00 | 38.00 | 25.00 | 23.00 | 24.00 | 24.00 | 20.00 | 21.00 | 20.00 | 22.00 | 19.00 | 19.00 |
Shareholder's Equity | 4.2% | 214 | 205 | 208 | 203 | 191 | 171 | 176 | 185 | 187 | 193 | 189 | 168 | 142 | 132 | 119 | 114 | 112 | 107 | 103 | 98.00 | 96.00 |
Retained Earnings | -62.2% | -15.10 | -9.31 | -8.53 | -8.10 | -13.27 | -17.34 | -17.69 | -17.47 | -13.23 | -6.07 | -7.82 | -10.81 | -11.83 | -13.99 | -18.99 | -20.34 | -20.25 | -20.81 | -24.09 | -23.99 | -23.27 |
Additional Paid-In Capital | 3.4% | 236 | 229 | 226 | 223 | 220 | 216 | 211 | 207 | 203 | 200 | 196 | 179 | 151 | 147 | 141 | 138 | 135 | 132 | 129 | 125 | 120 |
Shares Outstanding | 2.3% | 47.00 | 46.00 | 46.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 44.00 | 44.00 | 43.00 | 42.00 | 42.00 | - | - | - | - | - | - | - |
Float | - | - | - | - | 429 | - | - | - | 641 | - | - | - | 616 | - | - | - | 317 | - | - | - | 475 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -372.5% | -9,463 | 3,473 | 16,552 | 6,297 | 5,264 | 5,106 | 6,327 | 7,435 | 2,251 | 12,325 | 8,955 | 7,331 | 8,730 | 6,747 | 9,006 | 3,179 | 5,190 | 6,362 | 1,268 | 4,324 | 2,296 |
Share Based Compensation | 28.3% | 3,430 | 2,673 | 2,644 | 2,704 | 2,442 | 3,229 | 3,688 | 3,297 | 3,132 | 2,950 | 2,867 | 2,968 | 2,747 | 2,439 | 2,501 | 2,308 | 2,303 | 2,346 | 2,268 | 2,353 | 2,670 |
Cashflow From Investing | 155.2% | 17,889 | -32,405 | -12,107 | 19,132 | 18,596 | 3,856 | -413 | -3,797 | 2,054 | -23,065 | -22,680 | -120,373 | -4,370 | -9,176 | -7,695 | -648 | -7,187 | -6,187 | -6,265 | 3,231 | -1,286 |
Cashflow From Financing | -906.7% | -3,114 | 386 | 56.00 | 633 | 626 | 370 | -7,777 | -3,599 | -10,137 | 834 | 211 | 140,764 | 1,871 | 3,143 | 585 | -320 | -5.00 | 751 | 2,264 | 946 | 422 |
Buy Backs | - | - | - | - | - | - | 348 | 500* | 4,682 | 10,145 | 190 | - | - | - | - | - | 1,002 | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | |
Revenue | ||
Total revenue | $ 36,917 | $ 45,703 |
Operating costs and expenses | ||
Selling and marketing | 9,856 | 9,515 |
Research and development | 8,874 | 7,670 |
General and administrative | 15,538 | 8,479 |
Amortization and acquisition-related costs | 3,983 | 4,821 |
Restructuring costs | 48 | 1,776 |
Total operating costs and expenses | 43,833 | 37,330 |
Operating income (loss) | (6,916) | 8,373 |
Interest expense | 2,263 | 2,137 |
Other income, net | 1,642 | 336 |
Income (loss) before income taxes | (7,537) | 6,572 |
Income tax benefit (provision) | 1,744 | (1,846) |
Net income (loss) | $ (5,793) | $ 4,726 |
Net income (loss) per share – basic (in dollars per share) | $ (0.13) | $ 0.11 |
Net income (loss) per share - diluted (in dollars per share) | $ (0.13) | $ 0.10 |
Shares used in calculating net income (loss) per share – basic (in shares) | 46,294 | 44,930 |
Shares used in calculating net income (loss) per share – diluted (in shares) | 46,294 | 45,634 |
Comprehensive income | ||
Net income (loss) | $ (5,793) | $ 4,726 |
Foreign currency translation adjustment | 6,544 | 12,703 |
Unrealized gain on investments | 102 | 352 |
Comprehensive income | 853 | 17,781 |
Software and hardware | ||
Revenue | ||
Total revenue | 15,980 | 26,376 |
Operating costs and expenses | ||
Cost of revenue | 40 | 169 |
Services and other | ||
Revenue | ||
Total revenue | 20,937 | 19,327 |
Operating costs and expenses | ||
Cost of revenue | $ 5,494 | $ 4,900 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Sep. 30, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 64,538 | $ 58,913 |
Short-term investments | 59,373 | 74,700 |
Accounts receivable, net | 35,267 | 32,132 |
Contract assets, current portion | 17,305 | 18,355 |
Prepaid expenses | 6,908 | 3,513 |
Other current assets | 2,573 | 2,396 |
Total current assets | 185,964 | 190,009 |
Long-term investments | 0 | 1,304 |
Property and equipment, net | 2,695 | 2,829 |
Right-of-use assets | 3,837 | 4,140 |
Intangible assets, net | 63,173 | 64,674 |
Goodwill | 127,664 | 123,548 |
Deferred income tax assets | 13,388 | 11,645 |
Contract assets, non-current portion | 7,216 | 5,579 |
Other non-current assets | 1,453 | 1,647 |
Total assets | 405,390 | 405,375 |
Current liabilities: | ||
Accounts payable | 10,169 | 7,589 |
Accrued payroll and related taxes | 7,063 | 10,554 |
Accrued interest payable | 598 | 305 |
Income tax payables | 51 | 4,329 |
Deferred revenue, current portion | 18,330 | 17,360 |
Lease liabilities, current portion | 1,569 | 1,902 |
Acquisition-related contingent consideration | 0 | 7,976 |
Other current liabilities | 1,820 | 1,482 |
Total current liabilities | 39,600 | 51,497 |
Convertible senior notes | 137,486 | 135,516 |
Deferred revenue, non-current portion | 1,051 | 957 |
Lease liabilities, non-current portion | 2,792 | 2,867 |
Deferred income tax liabilities, non-current portion | 6,757 | 6,476 |
Other non-current liabilities | 3,906 | 2,874 |
Total liabilities | 191,592 | 200,187 |
Stockholders’ equity: | ||
Preferred stock, $0.001 par value, 1,000,000 shares authorized, none issued and outstanding | 0 | 0 |
Common stock, $0.001 par value, 120,000,000 and 120,000,000 shares authorized, 46,631,594 and 45,591,199 issued and outstanding, as of December 31, 2023 and September 30, 2023, respectively | 47 | 46 |
Additional paid-in capital | 236,447 | 228,691 |
Accumulated other comprehensive loss | (7,591) | (14,237) |
Accumulated deficit | (15,105) | (9,312) |
Total stockholders’ equity | 213,798 | 205,188 |
Total liabilities and stockholders’ equity | $ 405,390 | $ 405,375 |
 | Mr. Scipio Maximus Carnecchia |
---|---|
 | miteksystems.com |
 | Software - Apps |
 | 565 |