Company Growth (employees)
Mitek Systems was founded in 1985 and is headquartered in San Diego, US
Key People at Mitek Systems
Russell C. Clark
Chief Financial Officer
Dr. Grigori Neponmniachtchi
Chief Revenue Officer
Mitek Systems Office Locations
Mitek Systems has offices in San Diego, Haarlem and London
San Diego, US (HQ)
8911 Balboa Ave
London, GB
News 3 London Bridge St
Haarlem, NL
44 Tingietersweg
Mitek Systems Data and Metrics
Mitek Systems Financial Metrics
Mitek Systems's revenue was reported to be $34.7 m in 2016 which is a 37% increase from the previous period.
Numbers are in $, USD
Revenue (Y, 2016) | 34.7 m |
Revenue growth (Y, 2015 - Y, 2016), % | 37% |
Net income (Y, 2016) | 2 m |
EBIT (Y, 2016) | 1.8 m |
Market capitalization (26-May-2017) | 277 m |
Closing share price (26-May-2017) | 8.5 |
Cash (30-Sep-2016) | 9 m |
Mitek Systems's current market capitalization is $277 m.
| Numbers are in $, USD | Y, 2015 | Y, 2016 |
|---|---|---|
Revenue | 25.4 m | 34.7 m |
Revenue growth, % | 37% | |
Operating expense total | 23.5 m | 32.9 m |
EBIT | 1.9 m | 1.8 m |
EBIT margin, % | 7% | 5% |
Pre tax profit | 2 m | 2 m |
Income tax expense | (543 k) | 1 k |
Net Income | 2.5 m | 2 m |
| Numbers are in $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 23.3 m | 7.8 m | 2.8 m | 9 m |
Accounts Receivable | 1.5 m | 3 m | 3.9 m | 4.9 m |
Inventories | ||||
Current Assets | 31.2 m | 27.7 m | 31.4 m | 40.3 m |
PP&E | 1.6 m | 1.3 m | 975.3 k | 440 k |
Goodwill | 2.9 m | 2.9 m | ||
Total Assets | 32.9 m | 31.1 m | 38.7 m | 48.4 m |
Accounts Payable | 1.9 m | 1.8 m | 1.5 m | 1.3 m |
Current Liabilities | 5.8 m | 6.2 m | 7.4 m | 8.3 m |
Additional Paid-in Capital | 56.4 m | 59.9 m | 63.9 m | 71 m |
Retained Earnings | (30.7 m) | (36 m) | (33.5 m) | (31.5 m) |
Total Equity | 25.7 m | 23.9 m | 30.4 m | 39.5 m |
Financial Leverage | 1.3 x | 1.3 x | 1.3 x | 1.2 x |
| Numbers are in $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (7.3 m) | (5.3 m) | 2.5 m | 2 m |
Depreciation and Amortization | 323.4 k | 470.7 k | 605.7 k | 1.4 m |
Accounts Receivable | (391.5 k) | (1.5 m) | (566.1 k) | (1 m) |
Inventories | ||||
Accounts Payable | 1.2 m | (83.6 k) | (448.8 k) | (222 k) |
Cash From Operating Activities | (615.1 k) | (2.5 m) | 6.1 m | 7.9 m |
Purchases of PP&E | (1.5 m) | (135.5 k) | (73.1 k) | (250 k) |
Cash From Investing Activities | 570.9 k | (13.1 m) | (11.3 m) | (3.3 m) |
Cash From Financing Activities | 16.6 m | 51.4 k | 225.5 k | 1.7 m |
Interest Paid | 8.1 k | 6.1 k | 3.9 k | 1 k |
Income Taxes Paid | 1.1 k | 2.2 k | 104.9 k | 17 k |
| Y, 2016 | |
|---|---|
Financial Leverage | 1.2 x |
