Mitek Systems
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Mitek Systems generated cash of $31,688,000, which is more than the previous year. Cash used in financing activities reached the amount of -$25,882,000 last year. Net change in cash is therefore $34,543,000.
Cash Flow
| 2015 | 6.10M | -11.34M | 225.54K |
|---|---|---|---|
| 2016 | 7.85M | -3.28M | 1.73M |
| 2017 | 10.44M | -7.77M | 687K |
| 2018 | 5.62M | -8.42M | -429K |
| 2019 | 14.25M | -10.50M | 4.38M |
| 2020 | 24.12M | -24.70M | 3.40M |
| 2021 | 37.34M | -170.48M | 143.68M |
| 2022 | 26.35M | -3.53M | -21.14M |
| 2023 | 31.58M | -6.78M | 1.70M |
| 2024 | 31.68M | 28.74M | -25.88M |
MITK Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 58.91M | 32.05M | 30.31M | 19.98M | 16.74M | 9.02M | 12.28M | 9.01M | 2.75M | 7.76M |
Operating activities | ||||||||||
Net income | 3.27M | 8.02M | 3.03M | 7.97M | 7.81M | -724K | -11.80M | 14.09M | 1.95M | 2.52M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 16.91M | 18.71M | 14.94M | 8.94M | 7.94M | 8.41M | 4.63M | 913K | 1.38M | 605.72K |
Stock-based compensation expense | 12.62M | 10.46M | 13.34M | 11.53M | 9.55M | 9.63M | 0 | 5.47M | 4.07M | 3.36M |
| Deferred income tax benefit | 12.62M | 10.46M | 13.34M | 11.53M | 9.55M | 9.63M | 0 | 5.47M | 4.07M | 3.36M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 5.08M | 4.31M | -10.81M | -813K | -361K | 1.56M | -5.67M | -2.10M | -1.00M | -566.06K |
Inventories | 0 | 0 | -1.68M | 2.67M | -6.34M | -2.35M | 1.81M | 1.19M | 194K | -37.75K |
Accounts payable | -450K | 2.53M | 2.18M | -1.58M | 277K | 28K | 309K | 593K | -222K | -448.83K |
Cash generated by operating activities | 31.68M | 31.58M | 26.35M | 37.34M | 24.12M | 14.25M | 5.62M | 10.44M | 7.85M | 6.10M |
Investing activities | ||||||||||
Purchases Of Investments | -62.43M | -71.73M | -47.81M | -246.50M | -44.72M | -24.41M | -15.39M | -39.93M | -33.65M | -27.25M |
Investments In Property Plant And Equipment | -1.43M | -1.03M | -1.12M | -1.38M | -803K | -1.06M | -4.30M | -488K | -250K | -73.12K |
Acquisitions Net | 0 | -267K | -127.90M | -12.54M | 103K | 29K | -29.74M | 0 | 0 | -5.42M |
Cash generated by investing activities | 28.74M | -6.78M | -3.53M | -170.48M | -24.70M | -10.50M | -8.42M | -7.77M | -3.28M | -11.34M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 1.73M | 1.72M | 4.03M | 4.80M | 5.58M | 1.12M | 687K | 1.75M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -24.18M | 0 | -15.17M | -190K | -1.00M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.34M | -36K | -36K | -88K | -143K | -168K | -270K | 0 | -22K | -21.10K |
Cash used in financing activities | -25.88M | 1.70M | -21.14M | 143.68M | 3.40M | 4.38M | -429K | 687K | 1.73M | 225.54K |
Net Change In Cash | 34.54M | 26.85M | 1.74M | 10.32M | 3.23M | 7.72M | -3.26M | 3.27M | 6.25M | -5.01M |
Cash at end of period | 93.45M | 58.91M | 32.05M | 30.31M | 19.98M | 16.74M | 9.02M | 12.28M | 9.01M | 2.75M |
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