Mitek Systems Overview

  • Year Founded
  • 1986

Year Founded

  • Status
  • Public

  • Employees
  • 630

Employees

  • Stock Symbol
  • MITK

Stock Symbol

  • 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

Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 600 B Street
  • Suite 101
  • San Diego, CA 92101
  • United States
+1 (619)
Primary Industry
Financial Software
Stock Exchange
NAS
Corporate Office
  • 600 B Street
  • Suite 101
  • San Diego, CA 92101
  • United States
+1 (619)

Mitek Systems Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Mitek Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Mitek Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile i
Financial Software
San Diego, CA
630 As of 2024

Elkhorn, NE
 

New York, NY
 
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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
You’re viewing 5 of 43 competitors. Get the full list »

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
To view Mitek Systems’s complete patent history, request access »

Mitek Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

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

To view Mitek Systems’s complete esg history, request access »

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

  • When was Mitek Systems founded?

    Mitek Systems was founded in 1986.

  • Where is Mitek Systems headquartered?

    Mitek Systems is headquartered in San Diego, CA.

  • 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.

  • Is Mitek Systems a private or public company?

    Mitek Systems is a Public company.

  • 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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