Mitek Systems Inc

More Details of Mitek Systems Inc Company

Mitek Systems, Inc. is a provider of mobile image capture and digital identity verification solutions. The Company is a software development company with expertise in artificial intelligence and machine learning. It is a global provider of solutions in the fraud prevention, digital identity verification, and cybersecurity markets. Its verification and fraud detection technology is embedded directly within mobile and Web applications, providing verification at every touchpoint in the customer lifecycle. The Company's products include Mobile Deposit, Check Fraud Defender, Mitek Verified Identity Platform (MiVIP), Mobile Verify, MiSnap, CheckReader, Check Intelligence, MiPass, IDLive Face, and IDLive Doc. Its products are used in various cases, including age verification, compliance (KYC), customer onboarding, passwordless authentication, and in-person identity verification. It serves various industries, including financial institutions, fintech, igaming, lending, marketplace, and travel.

Company Info

Ticker SymbolMITK

Company nameMitek Systems Inc

IPO dateJan 03, 1989

CEOMr. Edward Hamilton (Ed) West

Number of employees630

Security typeOrdinary Share

Fiscal year-endJan 03

Address770 1st Ave Suite 425

CitySAN DIEGO

Stock exchangeNASDAQ Capital Market Consolidated

CountryUnited States of America

Postal code92101

Phone16192696800

Websitehttps://www.miteksystems.com/

Ticker SymbolMITK

IPO dateJan 03, 1989

CEOMr. Edward Hamilton (Ed) West

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Michael E. Diamond

Senior Vice President, Deposit Solutions

136.34K

-34.04%

Mr. Garrett Gafke

Chief Operating Officer

120.19K

--

Ms. Donna C. Wells

Independent Director

78.28K

+31.48%

Mr. Jason L. Gray

Chief Legal Officer, Chief Compliance Officer, Corporate Secretary

69.59K

-65.52%

Mr. Rahul Gupta, CPA

Independent Director

63.90K

+41.51%

Mr. James Daniel (J.D.) Fay

Independent Director

26.70K

+235.48%

Ms. Kimberly S. (Kim) Stevenson

Independent Director

--

Mr. Todd Kehrli

President of MKR Group, Inc.

--

Mr. Edward Hamilton (Ed) West

Chief Executive Officer, Director

--

Mr. Christopher Briggs

Chief Product Officer

--

Name

Name/Position

Position

Shareholding

Change

Mr. Michael E. Diamond

Senior Vice President, Deposit Solutions

136.34K

-34.04%

Mr. Garrett Gafke

Chief Operating Officer

120.19K

--

Ms. Donna C. Wells

Independent Director

78.28K

+31.48%

Mr. Jason L. Gray

Chief Legal Officer, Chief Compliance Officer, Corporate Secretary

69.59K

-65.52%

Mr. Rahul Gupta, CPA

Independent Director

63.90K

+41.51%

Mr. James Daniel (J.D.) Fay

Independent Director

26.70K

+235.48%

Revenue Breakdown

Currency: USDUpdated: Sun, Jul 6

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2021

FY2020

FY2019

By BusinessUSD

Name

Revenue

Proportion

Deposits software and hardware

24.70M

47.56%

Identity verification services and other

16.24M

31.27%

Deposits Deposits services and other

8.99M

17.31%

Identity verification software and hardware

2.00M

3.85%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Deposits software and hardware

24.70M

47.56%

Identity verification services and other

16.24M

31.27%

Deposits Deposits services and other

8.99M

17.31%

Identity verification software and hardware

2.00M

3.85%

Shareholding Stats

Updated: Tue, Aug 19

Shareholders

Shareholder Types

Shareholders

Proportion

The Vanguard Group, Inc.

7.68%

Legal & General Investment Management Ltd.

6.59%

BlackRock Institutional Trust Company, N.A.

6.46%

Invesco Advisers, Inc.

4.02%

Dimensional Fund Advisors, L.P.

3.59%

Other

71.66%

Shareholders

Proportion

The Vanguard Group, Inc.

7.68%

Legal & General Investment Management Ltd.

6.59%

BlackRock Institutional Trust Company, N.A.

6.46%

Invesco Advisers, Inc.

4.02%

Dimensional Fund Advisors, L.P.

3.59%

Other

71.66%

Shareholder Types

Shareholders

Proportion

Investment Advisor/Hedge Fund

35.79%

Investment Advisor

30.24%

Hedge Fund

7.17%

Research Firm

2.85%

Individual Investor

2.61%

Pension Fund

0.16%

Bank and Trust

0.13%

Insurance Company

0.04%

Venture Capital

0.03%

Other

20.98%

Institutional Shareholding

Updated: Tue, Jul 1

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q2

398

36.60M

80.31%

-10.35M

2025Q1

406

37.20M

81.65%

-9.44M

2024Q4

408

37.48M

82.84%

-6.06M

2024Q3

399

36.97M

82.11%

-7.36M

2024Q2

399

38.73M

83.91%

-3.81M

2024Q1

394

37.39M

79.94%

-5.15M

2023Q4

386

37.88M

81.28%

-1.72M

2023Q3

393

34.59M

75.88%

-6.84M

2023Q2

407

36.55M

80.32%

-3.81M

2023Q1

419

34.63M

76.31%

-5.16M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

3.56M

7.81%

+10.07K

+0.28%

Mar 31, 2025

Legal & General Investment Management Ltd.

2.97M

6.52%

+115.78K

+4.06%

Mar 31, 2025

BlackRock Institutional Trust Company, N.A.

3.14M

6.9%

-89.86K

-2.78%

Mar 31, 2025

Invesco Advisers, Inc.

1.75M

3.85%

+61.77K

+3.65%

Mar 31, 2025

Dimensional Fund Advisors, L.P.

1.73M

3.79%

-71.82K

-3.99%

Mar 31, 2025

Marshall Wace LLP

1.08M

2.37%

+222.16K

+25.86%

Mar 31, 2025

Independent Advisor Alliance, LLC

1.34M

2.94%

-160.60K

-10.72%

Mar 31, 2025

State Street Global Advisors (US)

1.41M

3.09%

+42.06K

+3.08%

Mar 31, 2025

Geode Capital Management, L.L.C.

1.07M

2.35%

+15.20K

+1.44%

Mar 31, 2025

Kent Lake PR LLC

830.77K

1.82%

+430.77K

+107.69%

Mar 31, 2025

Related ETFs

Name

Proportion

No Data

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

10.335USD

Mitek Systems Inc

10.335

Overview

Company

Financials

Analysis