MITK Stock Forecast, Price Targets, Chart, Dividends & Analysis
Mitek Systems Inc.
MITK 
NSC
Sector: Technology
Industry: Software - Application
11.43
USD
0.33
(2.97%)
Previous close: 11.1 Open: 10.9 Bid: 11.3 Ask: 11.5
52 week range
7.35 16.24
Mkt Cap: 491 M Avg Vol (90 Days): 556,715
Last updated: Sunday 22nd December 2024
Metrics
Valuation
Price per Sales TTM ($) | 2.63 |
Price per Book TTM ($) | 2.09 |
PE Ratio (TTM) | -79.00 |
Book Value per Share ($) | 4.54 |
5 Year PE Range | NA , NA |
Returns
7 Day Return | 20.44% | |
1 Month Return | 25.60% | |
3 Month Return | 32.75% | |
1 Year Return | -11.33% | |
3 Year Return | -31.76% | |
5 Year Return | 50.59% | |
YTD Return | -12.35% |
Risk
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 75.15 |
14 Day SMA ($) | 9.66 |
14 Day EMA ($) | 9.98 |
Money Flow Index | 15.93 |
Average True Range | 0.50 |
50 Day SMA ($) | 9.22 |
200 Day SMA ($) | 10.86 |
ADX | 22.79 |
MACD | 0.18 |
Growth
Free Cash Flow QoQ Growth | 0.00% |
Free Cash Flow YoY Growth | 0.00% |
Revenue YoY Growth | 0.00% |
EPS QoQ Growth | 0.00% |
Revenue QoQ Growth | 0.00% |
EPS YoY Growth | 0.00% |
Profitability
Financials
MITK Income Statement
Annual
| Sep-14 | Sep-15 | Sep-16 | Sep-17 | Sep-18 | Sep-19 | Sep-20 | Sep-21 | Sep-22 | Sep-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AcquisitionExpense | 8 M | 7 M | 9 M | |||||||
| Amortization of intangibles | -172000.0 | -598000.0 | -591000.0 | -4 M | ||||||
| Basic EPS from continuing operations | -0.02 | 0.19 | 0.18 | 0.07 | 0.18 | |||||
| Basic EPS total | -0.17 | 0.08 | 0.06 | 0.43 | -0.33 | -0.02 | 0.19 | 0.18 | 0.07 | 0.18 |
| Basic weighted shares outstanding | 30 M | 31 M | 32 M | 33 M | 36 M | 39 M | 41 M | 44 M | 45 M | 46 M |
| Cost of sales | -1 M | -1 M | -2 M | -1 M | 9 M | 9 M | 10 M | 6 M | 20 M | 23 M |
| Depreciation | -790000.0 | -322000.0 | -615000.0 | 1 M | 2 M | 1 M | 1 M | 2 M | ||
| Depreciation unreconciled | -470697.0 | -400000.0 | -800000.0 | |||||||
| DepreciationAndAmortization | -470697.0 | -400000.0 | -800000.0 | -322000.0 | -615000.0 | 1 M | 2 M | 1 M | 1 M | 2 M |
| Diluted EPS total | -0.17 | 0.08 | 0.06 | 0.4 | -0.33 | -0.02 | 0.18 | 0.18 | 0.07 | 0.17 |
| Diluted normalized net income/share | -0.02 | 0.18 | 0.18 | 0.07 | 0.17 | |||||
| Diluted weighted shares outstanding | 30 M | 31 M | 34 M | 36 M | 36 M | 39 M | 43 M | 45 M | 46 M | 46 M |
| GainOnSaleOfSecurity | 49000.0 | -300000.0 | ||||||||
| GeneralAndAdministrativeExpense | 10 M | 8 M | 9 M | 11 M | 17 M | 20 M | 22 M | 22 M | 27 M | 43 M |
| Gross operating profit | 17 M | 23 M | 31 M | 41 M | 55 M | 76 M | 91 M | 114 M | 125 M | 150 M |
| Income before tax | -5 M | 2 M | 2 M | 3 M | -9 M | -4 M | 9 M | 9 M | 4 M | 10 M |
| Income restructuring and M&A | -7 M | 12 M | 3 M | -114000.0 | -247 M | 2 M | 2 M | |||
| Income taxes | 2226.0 | -543000.0 | -1000.0 | -11 M | 3 M | -3 M | 2 M | 824000.0 | -92000.0 | 2 M |
| Interest income | 124628.0 | 91000.0 | 134000.0 | 402000.0 | -935000.0 | |||||
| InterestExpenseNonOperating | 6445.0 | 3299.0 | 5 M | 8 M | 9 M | |||||
| InterestExpenseOperating | -569000.0 | -1 M | ||||||||
| MiscOtherSpecialCharges | 118183.0 | 602000.0 | 541000.0 | 654000.0 | -366000.0 | 4 M | ||||
| Net income from total operations | -5 M | 3 M | 2 M | 14 M | -12 M | -724000.0 | 8 M | 8 M | 4 M | 8 M |
| NetIncomeCommonStockholders | -5 M | 3 M | 2 M | 14 M | -12 M | -724000.0 | 8 M | 8 M | 4 M | 8 M |
| NetIncomeContinuousOperations | -5 M | 3 M | 2 M | 14 M | -12 M | -724000.0 | 8 M | 8 M | 4 M | 8 M |
| NetNonOperatingInterestIncomeExpense | 118183.0 | 91000.0 | 134000.0 | 402000.0 | -935000.0 | -5 M | -8 M | -9 M | ||
| Normalized income | 10 M | |||||||||
| Operating income | -5 M | 3 M | 4 M | 5 M | 433000.0 | -5 M | 9 M | 13 M | 12 M | 16 M |
| Operating income before depreciation (EBITDA) | -4 M | 3 M | 5 M | 6 M | -4 M | 4 M | 17 M | 28 M | 27 M | 38 M |
| OperatingExpense | 22 M | 20 M | 27 M | 36 M | 54 M | 74 M | 79 M | 83 M | 111 M | 132 M |
| Other income net | -118183.0 | 1 M | 2 M | 2 M | 8 M | -602000.0 | -541000.0 | -654000.0 | -2 M | 2 M |
| OtherGandA | 10 M | 8 M | 9 M | 11 M | 17 M | 20 M | 22 M | 22 M | 27 M | 43 M |
| OtherOperatingExpenses | -5 M | -6 M | -8 M | -10 M | -20 M | -213000.0 | -203000.0 | -268000.0 | -484000.0 | -330000.0 |
| OtherWriteOff | 100000.0 | 200000.0 | 100000.0 | 100000.0 | ||||||
| PromotionAndAdvertising | -99670.0 | -200000.0 | -200000.0 | -300000.0 | -500000.0 | 800000.0 | 2 M | 1 M | 1 M | 1 M |
| RentAndLandingFees | 10 M | 8 M | 9 M | 11 M | 17 M | 2 M | ||||
| Research & development expense | 6 M | 6 M | 8 M | 10 M | 16 M | 22 M | 23 M | 28 M | 30 M | 29 M |
| ResearchExpense | 6 M | 6 M | 8 M | 10 M | 16 M | 22 M | 23 M | 28 M | 30 M | 29 M |
| RestructringAndMnAIncome | -7 M | 12 M | 3 M | -114000.0 | -247 M | 2 M | 2 M | |||
| Revenue per share | -172000.0 | -598000.0 | -591000.0 | -4 M | 4 M | 7 M | ||||
| SalariesAndWages | -3 M | -4 M | -4 M | -5 M | -9 M | 12 M | 13 M | |||
| Selling Gen & administrative expense | 16 M | 14 M | 20 M | 26 M | 39 M | 44 M | 50 M | 55 M | 65 M | 84 M |
| SellingAndMarketingExpense | 7 M | 6 M | 11 M | 14 M | 22 M | 25 M | 28 M | 32 M | 39 M | 41 M |
| SellingExpense | 7 M | 6 M | 11 M | 14 M | 22 M | |||||
| Special income/charges | 7 M | -12 M | -3 M | 114000.0 | 247 M | -2 M | -2 M | |||
| Total Income available for interest expense (EBIT) | -5 M | 2 M | 2 M | 3 M | -9 M | -4 M | 9 M | 13 M | 12 M | 19 M |
| Total common shares outstanding | 31 M | 32 M | 33 M | 35 M | 39 M | 41 M | 43 M | 45 M | 46 M | 47 M |
| Total net income | -5 M | 3 M | 2 M | 14 M | -12 M | -724000.0 | 8 M | 8 M | 4 M | 8 M |
| Total ordinary shares | 46 M | 46 M | 46 M | 46 M | 46 M | 46 M | 46 M | 46 M | 46 M | 46 M |
| Total revenues | 19 M | 25 M | 35 M | 45 M | 64 M | 85 M | 101 M | 120 M | 145 M | 173 M |
| TotalExpenses | 21 M | 18 M | 25 M | 35 M | 63 M | 82 M | 89 M | 89 M | 131 M | 155 M |
| TotalRevenue | 19 M | 25 M | 35 M | 45 M | 64 M | 85 M | 101 M | 120 M | 145 M | 173 M |
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