MITKMITEK SYSTEMS INC
Computer Peripheral Equipment, NEC
- Revenue
- $180M
- 4.4% YoY
- Operating margin
- 9.3%
- 621% YoY
- EBITDA
- $18M
- 349% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -2.2×
- −$41M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear629% of net incomeCash flow under 80% of net income
- Dilutive SBCClear9% of revenueOver 10% of revenue
- Payouts exceed cash flowClear9% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear36% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $120M | $145M | $173M | $172M | $180M | 4.4% |
| Operating income | $13M | $12M | $16M | $2M | $17M | 653% |
| Net income | $8M | $4M | $8M | $3M | $9M | 168% |
| Operating cash flow | $37M | $21M | $32M | $32M | $55M | 75% |
| Capex | $1M | $1M | $1M | $1M | $1M | 20% |
| Stock-based comp | $12M | $13M | $10M | $13M | $17M | 33% |
| Buybacks | $190K | $15M | $0 | $24M | $5M | 80% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.