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Mitek Systems Inc (NASDAQ: MITK) |
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Price: $8.9800
$0.28 
3.218%
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| Day's High:
| $8.99
| Week Perf:
| 1.7 %
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| Day's Low: |
$ 8.65 |
30 Day Perf: |
-13.65 % |
| Volume (M): |
398 |
52 Wk High: |
$ 16.24 |
| Volume (M$): |
$ 3,572 |
52 Wk Avg: |
$10.65 |
| Open: |
$8.65 |
52 Wk Low: |
$7.35 |
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| Market Capitalization (Millions $) |
406 |
| Shares
Outstanding (Millions) |
45 |
| Employees |
329 |
| Revenues (TTM) (Millions $) |
172 |
| Net Income (TTM) (Millions $) |
4 |
| Cash Flow (TTM) (Millions $) |
26 |
| Capital Exp. (TTM) (Millions $) |
2 |
Mitek Systems Inc
Mitek Systems Inc is a software company that primarily focuses on developing and selling mobile capture and identity verification solutions for financial, healthcare, and the government sectors.
Based in San Diego, California, the company was founded in 1985 and operates under the ticker symbol MITK on the NASDAQ stock exchange. The company has a market capitalization of approximately $800 million and employs over 500 employees across the globe.
Mitek's flagship product, Mobile Deposit, allows users to deposit checks using their smartphones without having to physically visit a bank. The company's other solutions include Mobile Verify, a mobile identity verification tool that uses AI and machine learning to confirm the identity of individuals, and Mobile Fill, which allows users to capture data from government-issued IDs.
In recent years, the company has expanded its presence in the healthcare sector with its Mobile Verify healthcare solution, which enables healthcare providers to verify patient identities quickly and accurately. Mitek has also launched Mobile Verify for Lending, which streamlines the loan application process by offering secure identity verification and automated data extraction.
Overall, Mitek Systems has received multiple awards and recognition for its innovative solutions, including being named one of the top 100 companies in the financial technology industry by IDC Financial Insights. The company has also won the Javelin Mobile Banking Leader and Global Silicon Valley Innovation awards for its mobile identity verification solutions.
Company Address: 770 First Avenue, Suite 425 San Diego, 92101 CA
Company Phone Number: 269-6800 Stock Exchange / Ticker: NASDAQ MITK
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| Stock Performances by Major Competitors |
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| Business Update
Published Wed, Aug 21 2024 1:47 PM UTC
In an era where digital transactions are becoming the norm, the remnants of traditional banking practices are proving to be both a blessing and a curse. Mitek Systems, Inc. (NASDAQ: MITK), a trailblazer in digital identity verification and fraud prevention, has unveiled an expanded collaboration with Alogent, a leader in deposit automation solutions. This strategic partnersh...
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| Business Update
Published Wed, Jun 26 2024 6:47 PM UTC
Mitek Systems, Inc., a leading technology company specializing in biometric authentication and identity verification solutions, has recently received prestigious accolades for its groundbreaking innovations in the field of artificial intelligence (AI) and information security. The company s MiPass technology, leveraging a unique combination of face and voice recognition, has...
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| Business Update
Published Tue, Jun 18 2024 3:47 PM UTC
The AIFinTech100 list is a highly coveted acknowledgment within the FinTech community. To compile this prestigious list, FinTech Global conducted in-depth research on over 2,000 FinTech companies and assembled a panel of industry experts and analysts. After thorough evaluation, Mitek Systems emerged as one of the select few companies that exhibit exceptional innovation in th...
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| Mitek Systems Inc
Mitek Systems Inc may have experienced a decline in income in the most recent fiscal period, but there are still plenty of reasons to be bullish on this innovative company. Despite the decrease in net profits, revenues saw a notable improvement of 1.832%, reaching $46.97 million. Additionally, the earnings per share turned positive from the previous quarter, showing a positive trajectory for the company.
It is important to note that Mitek Systems Inc has been actively working to improve its sales, which is reflected in the 27.226% increase in revenue compared to the previous quarter. This focus on sales growth is a positive sign for the future financial performance of the company.
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| Business Update
Published Tue, May 7 2024 4:47 AM UTC
Mitek Receives Coveted International Information Security Award at 2024 RSA ConferenceSAN DIEGO - Mitek Systems, Inc. (NASDAQ: MITK) has emerged victorious in the cutting-edge telecommunications fraud prevention category at the annual international information security competition, hosted by Cyber Defense Magazine (CDM). The esteemed electronic information security publicati...
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| Per Share |
Current |
| Earnings (TTM) |
0.08 $ |
| Revenues (TTM) |
3.82 $
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| Cash Flow (TTM) |
0.58 $ |
| Cash |
2.68 $
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| Book Value |
4.45 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.08 $
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| Revenues (TTM) |
3.82 $ |
| Cash Flow (TTM) |
0.58 $ |
| Cash |
2.68 $
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| Book Value |
4.45 $ |
| Dividend (TTM) |
0 $ |
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| Deposits revenue |
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 51.77 % |
of total Revenue |
| Deposits software and hardware Transferred at Point in Time |
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29.79 % |
of total Revenue |
| Deposits services and other Transferred over Time |
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21.98 % |
of total Revenue |
| Identity verification revenue |
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48.23 % |
of total Revenue |
| Identity verification software and hardware Transferred at Point in Time |
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2.38 % |
of total Revenue |
| Identity verification services and other Transferred over Time |
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45.85 % |
of total Revenue |
| United States |
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68.77 % |
of total Revenue |
| United Kingdom |
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13.92 % |
of total Revenue |
| All other countries |
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17.32 % |
of total Revenue |
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On February 11 2025 the Mitek Systems Inc provided following guidance
nnMitek Systems Inc. Reports First Quarter Financial Performance for Fiscal 2025nn
nnSan Diego, CA ? February 11, 2025nn ? Mitek Systems, Inc. (NASDAQ: MITK), a prominent player in the realms of digital identity verification, mobile capture solutions, and fraud management, has announced its financial results for the first quarter that concluded on December 31, 2024. The company is pleased to report a strong start to fiscal 2025, with performance exceeding internal projections.
In its ongoing commitment to transparency and guidance, Mitek has also updated its financial outlook for the full fiscal year ending September 30, 2025. Notably, the company has raised the lower boundary of its Adjust...
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