Mitek Systems Overview
- Year Founded
-
1986
- Status
-
Public
- Employees
-
630
- Stock Symbol
-
MITK
- Investments
-
7
- Share Price
-
$9.44
- (As of Friday Closing)
Mitek Systems General Information
Description
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Contact Information
Website
www.miteksystems.comCorporate Office
- 600 B Street
- Suite 101
- San Diego, CA 92101
- United States
Corporate Office
- 600 B Street
- Suite 101
- San Diego, CA 92101
- United States
Mitek Systems Timeline
Mitek Systems Stock Performance
As of 18-Jul-2025, Mitek Systems’s stock price is $9.44. Its current market cap is $430M with 45.6M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $9.44 | $9.52 | $6.93 - $13.72 | $430M | 45.6M | 444K | $0.29 |
Mitek Systems Financials Summary
As of 31-Mar-2025, Mitek Systems has a trailing 12-month revenue of $177M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 30-Sep-2024 | FY 2023 30-Sep-2023 | FY 2022 30-Sep-2022 |
|---|---|---|---|---|
| EV | 400,715 | 422,205 | 516,142 | 467,567 |
| Revenue | 177,381 | 172,083 | 172,552 | 144,804 |
| EBITDA | 38,071 | 25,261 | 38,123 | 26,782 |
| Net Income | 13,329 | 3,278 | 8,027 | 3,694 |
| Total Assets | 425,340 | 413,753 | 405,375 | 364,479 |
| Total Debt | 150,697 | 148,636 | 140,285 | 134,186 |
Mitek Systems Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Mitek Systems Comparisons
Industry
Financing
Details
Mitek Systems Competitors (43)
One of Mitek Systems’s 43 competitors is ACI Worldwide, a Formerly PE-Backed company based in Elkhorn, NE.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ACI Worldwide | Formerly PE-Backed | Elkhorn, NE | ||||
| Payoneer | Formerly VC-backed | New York, NY | ||||
| Fidelity Payment Services | Private Equity-Backed | Brooklyn, NY | ||||
| Tungsten Automation | Private Equity-Backed | Irvine, CA | ||||
| Verafin | Formerly PE-Backed | Saint John's, Canada |
Mitek Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Mitek Systems Patents
Mitek Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250225524-A1 | Systems and methods for a user interface overlay for fraud detection | Pending | 05-Jan-2024 | ||
| US-20250225525-A1 | Systems and methods for a user interface overlay for fraud detection across accounts | Pending | 05-Jan-2024 | ||
| US-20210090086-A1 | Systems and methods for fraud detection for images of financial documents | Inactive | 25-Sep-2019 | ||
| US-11393272-B2 | Systems and methods for updating an image registry for use in fraud detection related to financial documents | Active | 25-Sep-2019 | ||
| US-11694499-B2 | Systems and methods for updating an image registry for use in fraud detection related to financial documents | Active | 25-Sep-2019 | G07D7/2083 |
Mitek Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Mitek Systems Investments & Acquisitions (7)
Mitek Systems’s most recent deal was a Merger/Acquisition with HooYu for . The deal was made on 23-Mar-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| HooYu | 23-Mar-2022 | Merger/Acquisition | Business/Productivity Software | ||
| ID R&D | 28-May-2021 | Merger/Acquisition | Network Management Software | ||
| A2iA | 23-May-2018 | Merger/Acquisition | Business/Productivity Software | ||
| ICAR Vision Systems | 16-Oct-2017 | Merger/Acquisition | Security Services (B2B) | ||
| ID Checker NL | 17-Jun-2015 | Merger/Acquisition | Computers, Parts and Peripherals |
Mitek Systems ESG
Risk Overview
Risk Rating
Updated April, 01, 2025
24.65 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,697
Rank
Percentile
Software & Services
Industry
of 944
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 377
Rank
Percentile
Mitek Systems Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| ID R&D | New York, NY | 2016 | |
| HooYu | London, United Kingdom | 2010 |
Mitek Systems FAQs
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When was Mitek Systems founded?
Mitek Systems was founded in 1986.
-
Where is Mitek Systems headquartered?
Mitek Systems is headquartered in San Diego, CA.
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What is the size of Mitek Systems?
Mitek Systems has 630 total employees.
-
What industry is Mitek Systems in?
Mitek Systems’s primary industry is Financial Software.
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Is Mitek Systems a private or public company?
Mitek Systems is a Public company.
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What is Mitek Systems’s stock symbol?
The ticker symbol for Mitek Systems is MITK.
-
What is the current stock price of Mitek Systems?
As of 18-Jul-2025 the stock price of Mitek Systems is $9.44.
-
What is the current market cap of Mitek Systems?
The current market capitalization of Mitek Systems is $430M.
-
What is Mitek Systems’s current revenue?
The trailing twelve month revenue for Mitek Systems is $177M.
-
Who are Mitek Systems’s competitors?
ACI Worldwide, Payoneer, Fidelity Payment Services, Tungsten Automation, and Verafin are some of the 43 competitors of Mitek Systems.
-
What is Mitek Systems’s annual earnings per share (EPS)?
Mitek Systems’s EPS for 12 months was $0.29.
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