Event-Driven Stocks

MITEK SYSTEMS INC

MITKNasdaq

Technology · Computer Peripheral Equipment, NEC · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 5 good● 1 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$179.7M$172.1M$172.6M$33.5M$119.8M$101.3M
Operating income$16.8M$2.2M$15.6M$2.7M$13.3M$8.9M
Net income$8.8M$3.3M$8.0M$435,000$8.0M$7.8M
Total assets$459.1M$413.8M$405.4M$364.5M$419.7M$169.2M
Total liabilities$218.9M$199.0M$200.2M$193.5M$226.9M$36.9M
Equity$240.3M$214.8M$205.2M$171.0M$192.8M$132.2M
EPS (diluted)$0.19$0.07$0.17$0.01$0.18$0.18
Shares out.45.7M46.8M45.5M44.7M44.6M42.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
9.3%
Net margin
4.9%
Return on equity
3.7%
Return on assets
1.9%
Return on capital (ROCE)
6.7%
Liabilities / assets
47.7%
Debt / equity
0.91×
Book value / share
$5.25
Revenue growth (YoY)
4.4%
Net income growth (YoY)
168.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
1.78grey zone
Accruals / assets
−10.1%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
82
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 1 warning● 5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20263.7M2.5+14.3%
Apr 30, 20263.2M3.2+11.0%
Apr 15, 20262.9M3.6+28.9%
Mar 31, 20262.3M3.0+2.3%
Mar 13, 20262.2M2.6-3.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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