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XNAS
MITK
Market cap763mUSD
Oct 08, Last price  
17.07USD
1D
-2.23%
1Q
-11.69%
Jan 2017
177.56%
Name

Mitek Systems Inc

Chart & performance

D1W1MN
XNAS:MITK chart
P/E
87.64
P/S
4.29
EPS
0.19
Div yield, %
—
Shrs. gr., 5y
1.99%
Rev. gr., 5y
12.14%
Revenues
180m
+4.42%
6,021,1065,569,9405,229,4483,618,6155,118,90110,265,9759,092,68314,803,18519,150,00025,367,00034,701,00045,390,00063,559,00084,590,000101,310,000119,797,000144,804,000172,552,000172,083,000179,691,000
Net income
9m
+168.33%
-717,326-383,798-748,764-1,321,964-682,353-125,057-7,839,996-7,275,706-5,292,0002,526,0001,959,00014,092,000-11,807,000-724,0007,814,0007,978,0003,694,0008,027,0003,278,0008,796,000
CFO
55m
+74.64%
-53,527-205,724-398,940-553,452-806,064316,168-1,778,764-615,061-2,469,0006,105,0007,854,00010,445,0005,626,00014,250,00024,122,00037,341,00021,119,00031,586,00031,688,00055,340,000

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Profile

Mitek Systems, Inc., a company founded in San Diego, California in 1986, specializes in creating and providing cutting-edge solutions for mobile image capture and digital identity authentication. These technologies are widely deployed across the United States, Europe, Latin America, and other global regions. Mitek's offerings are designed for seamless integration into native mobile applications and web browsers, thereby enhancing and streamlining digital interactions for users. The company's product portfolio includes solutions like Mobile Deposit, which empowers both individual and business clients to remotely deposit checks using their smartphone or tablet cameras. Mobile Fill streamlines data entry by automating image capture, significantly reducing user clicks and accelerating the completion of forms. Additionally, MiSnap is a sophisticated mobile-capture software development kit (SDK) that ensures an intuitive user experience and instant, high-quality image acquisition for documents such as identity cards and checks. For financial institutions, Mitek offers specialized tools like CheckReader, which automates data extraction from checks. To proactively combat check-related fraud, they provide Check Fraud Defender, an AI-powered, cloud-hosted model. Check Intelligence further assists financial institutions by automatically extracting data from check images, regardless of the deposit channel (e.g., branch, ATM, remote deposit capture, or mobile). In the domain of digital identity verification, Mitek provides a robust suite of products. Mobile Verify is an identity validation solution that integrates into mobile, web, and desktop applications. ID_CLOUD offers an automated identity verification platform that seamlessly embeds into customer applications to read and authenticate identity documents. The company's advanced anti-fraud measures include IDLive Face, a passive facial liveness detection product; IDVoice, a powerful AI-driven voice biometric engine; IDLive Voice, specifically designed to prevent spoofing attacks on voice biometric systems; and IDLive Doc, which targets and combats fraud associated with digitally displayed document images.

Key people

Scott Carter
Independent Chairman of the Board · since 2024
Chief Executive Officer, Director · since 2024
Garrett Gafke
Chief Operating Officer · since 2025
Michael Diamond
Senior Vice President - Digital Banking · since 2025
David Lyle
Chief Financial Officer, Chief Accounting Officer · since 2024
Christopher Briggs
Chief Product Officer · since 2023
Chief Legal Officer, Chief Compliance Officer, Corporate Secretary · since 2023
James Fay
Independent Director · since 2024
Independent Director · since 2022
Susan Repo
Independent Director · since 2021
Independent Director · since 2025
Independent Director · since 2024
Donna Wells
Independent Director · since 2019
IPO date
Jan 03, 1989
Employees
565
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
600 B Street
Suite 100
San Diego, CA 92101
US

Valuation

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