Mitek Systems
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Mitek Systems's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 0% to $172,083,000. Profit margin reached 2%. Total operating expenses were $169,543,000.
Profit Margin
| 2015 | 25.36M | 2.52M | 9.96% |
|---|---|---|---|
| 2016 | 34.70M | 1.95M | 5.65% |
| 2017 | 45.39M | 14.09M | 31.05% |
| 2018 | 63.55M | -11.80M | -18.58% |
| 2019 | 84.59M | -724K | -0.86% |
| 2020 | 101.31M | 7.81M | 7.71% |
| 2021 | 119.79M | 7.97M | 6.66% |
| 2022 | 143.94M | 3.69M | 2.57% |
| 2023 | 172.55M | 8.02M | 4.65% |
| 2024 | 172.08M | 3.27M | 1.9% |
MITK Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 172.08M | 172.55M | 143.94M | 119.79M | 101.31M | 84.59M | 63.55M | 45.39M | 34.70M | 25.36M |
Cost of revenue | 309K | 22.95M | 20.00M | 14.54M | 13.19M | 12.26M | 8.68M | 4.04M | 3.39M | 2.47M |
Gross profit | 171.77M | 149.60M | 123.93M | 105.25M | 88.11M | 72.32M | 54.87M | 41.34M | 31.30M | 22.89M |
Operating exp. | ||||||||||
Research and development | 34.64M | 28.98M | 30.19M | 28.04M | 22.85M | 19.01M | 15.67M | 10.43M | 7.79M | 5.57M |
Selling and marketing | 40.76M | 40.55M | 38.84M | 32.49M | 27.64M | 27.40M | 21.7M | 14.48M | 10.93M | 6.45M |
Total operating expenses | 169.54M | 134.03M | 95.62M | 91.55M | 79.36M | 73.84M | 62.67M | 38.58M | 29.48M | 21.00M |
Operating income | 2.23M | 15.56M | 27.57M | 13.70M | 8.86M | 1.54M | -7.80M | 2.76M | 1.82M | 1.89M |
Other income (expenses), net | -3.14M | -5.22M | -24.83M | -4.47M | 541K | -5.53M | -935K | 402K | 134K | 91.31K |
Income before tax | -909K | 10.34M | 2.73M | 9.23M | 9.40M | -3.98M | -8.74M | 3.17M | 1.95M | 1.98M |
Income tax expense | -4.18M | 2.31M | -295K | 824K | 1.59M | -3.26M | 3.06M | -10.92M | -1K | -543.02K |
Net income | 3.27M | 8.02M | 3.69M | 7.97M | 7.81M | -724K | -11.80M | 14.09M | 1.95M | 2.52M |
Earnings per share | ||||||||||
Basic EPS | 0.07 | 0.18 | 0.08 | 0.18 | 0.19 | -0.01 | -0.33 | 0.43 | 0.06 | 0.08 |
Diluted EPS | 0.06 | 0.17 | 0.08 | 0.18 | 0.18 | -0.01 | -0.33 | 0.4 | 0.06 | 0.08 |
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