Touchstone
Last syncNov 1, 2026, 6:55 PM ET

MITK

Mitek Systems Inc Information Technology Computer Peripheral Equipment, NEC Russell 3000
$18.07Close $824.7MMarket cap $8.65 – $20.1452-week range Dec 10, 2026Next report
Stage 2 Leader 27th of 68

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 91 · stronger than 91% of stocks over 12 months
  • Volume drying up last 10 days 26% under the 50-day average
  • Earnings growing EPS +236% year on year, faster than the quarter before (+236 pts)

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Aug 6, 2026
Off 12-month high 10%
1wk down 3.1% price change
1mo up 6.0% price change
12-month return up 96% market up 11% · its own up 82%
F-score — — Not assessed
Altman Z 2.80 Moderate risk
P/E 93.8× price / earnings
PEG 0.55 P/E / EPS growth
P/B 3.4× price / book
Earnings yield up 2.5% EBIT / enterprise value
Cheaper than 55% of the market · around average
Revenue growth up 4% year on year
EPS growth up 236% latest quarter · +236 pts
Sales growth up 18% latest quarter · +13 pts
ROE up 4% return on equity
Free cash margin up 30% $54.2M FCF
D/E 0.00 long-term debt / equity
Net debt / EBITDA -8.5× net cash
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 100% ($0.0B → $0.0B)
  • Revenue reaccelerating (-0% then +4%)

Trade setup

ATR% 4.5% $0.82 a day · 2×ATR $16.44
RS 91 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.88 50 sessions
Implied move — no option chain · report Dec 10, 2026
Trend template · 8 of 8

Screen verdict

1 of 3 screens
  • Stage 2 Leader in mixed conditions
    • RS 91
    • Trend 8/8
    • Off 12-month high 10%
    • EPS growth +236% (accel +236 pts)
    • Sales growth +18% (accel +13 pts)
    • Altman Z 2.80 (moderate risk)

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 6, 2026
Results reaction Aug 6, 2026+7% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $179.7M +4% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $101.3M FY2021 · $119.8M FY2022 · $144.8M FY2023 · $172.6M FY2024 · $172.1M FY2025 · $179.7M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $8.8M +168% on FY2024
$0 $10M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $7.8M FY2021 · $8.0M FY2022 · $3.7M FY2023 · $8.0M FY2024 · $3.3M FY2025 · $8.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $54.2M +79% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $23.3M FY2021 · $36.0M FY2022 · $20.0M FY2023 · $30.6M FY2024 · $30.2M FY2025 · $54.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 5%
  • Free cash 30%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 8% · Free cash 23% FY2021 · Net 7% · Free cash 30% FY2022 · Net 3% · Free cash 14% FY2023 · Net 5% · Free cash 18% FY2024 · Net 2% · Free cash 18% FY2025 · Net 5% · Free cash 30%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $154.2M net cash
  • Cash
  • Long-term debt
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $20.0M FY2021 · Cash $30.3M FY2022 · Cash $32.1M FY2023 · Cash $58.9M FY2024 · Cash $93.5M · Long-term debt $2.7M FY2025 · Cash $154.2M · Long-term debt $0
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 45.64m +9.2% since FY2020
45.64m 41.78m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 41.78m FY2021 · 44.17m FY2022 · 44.68m FY2023 · 45.59m FY2024 · 45m FY2025 · 45.64m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $101.3M $119.8M $144.8M $172.6M $172.1M $179.7M
Operating income $8.9M $13.3M $12.2M $15.6M $2.2M $16.8M
Net income $7.8M $8.0M $3.7M $8.0M $3.3M $8.8M
Net margin 8% 7% 3% 5% 2% 5%
Earnings per share $0.18 $0.18 $0.08 $0.17 $0.07 $0.19
Free cash flow $23.3M $36.0M $20.0M $30.6M $30.2M $54.2M
Free cash margin 23% 30% 14% 18% 18% 30%
Cash $20.0M $30.3M $32.1M $58.9M $93.5M $154.2M
Long-term debt — — — — $2.7M $0
Shareholders' equity $132.2M $192.8M $171.0M $205.2M $214.8M $240.3M
Shares outstanding 41.78m 44.17m 44.68m 45.59m 45m 45.64m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 5, 2026 Quarterly ↗ Dec 31, 2025 36d
Dec 11, 2025 Annual ↗ Sep 30, 2025 72d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 10, 2025 Quarterly ↗ Dec 31, 2024 41d
Dec 16, 2024 Annual ↗ Sep 30, 2024 77d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Apr 15, 2024 Quarterly ↗ Dec 31, 2023 106d
Mar 19, 2024 Annual ↗ Sep 30, 2023 171d

Current reports

FiledDisclosed
Oct 9, 2026 Director or officer change ↗
Aug 6, 2026 Results · Other events ↗
May 7, 2026 Results ↗
Mar 4, 2026 Shareholder vote ↗
Feb 20, 2026 Director or officer change ↗
Feb 5, 2026 Agreement ended · Results · Director or officer change · Regulation FD · Other events ↗
Jan 22, 2026 New obligation ↗
Dec 11, 2025 Results ↗
Sep 16, 2025 Director or officer change ↗
Aug 7, 2025 Results ↗
Jun 3, 2025 Regulation FD ↗
May 8, 2025 Material agreement · Results · New obligation ↗