Mitek Systems Inc logo

MITK

Mitek Systems Inc

$10.96

Earnings Summary

Revenue
$39.33Mn
Net Profits
$-0.85Mn
Net Profit Margins
-2.17%
PE Ratio
89.46

Highlights

Revenue:

Mitek Systems Inc’s revenue jumped 23.77% since last year same period to $39.33Mn in the Q2 2022. On a quarterly growth basis, Mitek Systems Inc has generated 13.31% jump in its revenue since last 3-months.

Net Profits:

Mitek Systems Inc’s net profit fell -128.54% since last year same period to $-0.85Mn in the Q2 2022. On a quarterly growth basis, Mitek Systems Inc has generated -144.58% fall in its net profits since last 3-months.

Net Profit Margins:

Mitek Systems Inc’s net profit margin fell -123.06% since last year same period to -2.17% in the Q2 2022. On a quarterly growth basis, Mitek Systems Inc has generated -139.35% fall in its net profit margins since last 3-months.

PE Ratio:

Mitek Systems Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 89.46.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Mitek Systems Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.2
EPS Estimate Current Year
0.2

Highlights

EPS Estimate Current Quarter:

Mitek Systems Inc’s earning per share (EPS) estimates for the current quarter stand at 0.2 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Mitek Systems Inc’s earning per share (EPS) estimates for the current year stand at 0.2.

Key Ratios

Key ratios of the Mitek Systems Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.23
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Mitek Systems Inc’s earning per share (EPS) jumped 0% since last year same period to 0.23 in the Q2 2022. This indicates that the Mitek Systems Inc has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mitek Systems Inc’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mitek Systems Inc’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Mitek Systems Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.2
0.24
20%

Company Information

Mitek Systems Inc. is a global leader in mobile capture and digital identity verification built on the latest advancements in computer vision and artificial intelligence. Mitek's identity verification solutions enable organizations to verify an individual's identity during digital transactions to reduce risk and meet regulatory requirements, while increasing revenue from digital channels. More than 7,500 organizations use Mitek to enable trust and convenience for mobile check deposit, new account opening and more. Mitek is based in San Diego, Calif., with offices across the U.S. and Europe.

Organisation
Mitek Systems Inc
Headquarters
San Diego, California, United States
Employees
355
Industry
Technology Services
CEO
Scipio Carnecchia