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MITK

Mitek Systems
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MITK fundamentals

Mitek Systems (MITK) released its earnings on May 8, 2025: revenue was 51.90M (YoY +10.50%), beat estimates; EPS was 0.36 (YoY +50.00%), beat estimates.
Revenue / YoY
51.90M
+10.50%
EPS / YoY
0.36
+50.00%
Report date
May 8, 2025
MITK Earnings Call Summary for Q2,2025
  • Revenue Growth & Margin Expansion: Q2 revenue $51.9M (+11% YoY), with 88% non-GAAP gross margin and 39% EBITDA margin. Identity SaaS gross profit +18% YoY.
  • SaaS Momentum: 40% of LTM revenue from SaaS, up from 35% YoY. Target >50% SaaS mix by FY26.
  • Fraud Detection Leadership: 23% U.S. checking account coverage via Check Fraud Defender, +5ppt QoQ. DHS validation of biometric liveness tech as industry-leading.
  • Cash Generation: $47M LTM free cash flow, $27M returned to shareholders. Near-net cash position with $100M credit facility for growth.
EPS
Revenue

Revenue & Expenses

MITK has released its 2025 Q2 earnings report, with revenue of 51.93M, reflecting a YoY change of 10.56%, and net profit of 9.15M, showing a YoY change of 3145.39%. The Sankey diagram below clearly presents MITK's revenue sources and cost distribution.

Key Indicators

Mitek Systems (MITK) key financial stats and ratios, covering profitability, financial health, and leverage.
Mitek Systems (MITK)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Mitek Systems (MITK)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Mitek Systems (MITK)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Mitek Systems (MITK) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Mitek Systems (MITK) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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