Mitek Systems IncMITK
What Mitek Systems Inc does.
Mitek Systems, Inc. (“Mitek” or the “Company”) is a global provider of digital identity verification and fraud prevention solutions. The Company’s technologies help organizations verify identities, mitigate fraud risk, and enable secure digital interactions in response to increasingly complex and evolving threats, including those driven by artificial intelligence (“AI”).
Mitek’s platform addresses key use cases across digital interactions and customer lifecycle, including new account openings, account access, and mobile check deposit. Core capabilities include AI, machine learning, computer vision, and proprietary biometric liveness, and deepfake detection technologies that support identity verification, detect manipulation, and help prevent digital impersonation.
The Company’s Mobile Check Deposit product enables approximately 1.2 billion transactions annually and is widely used by financial institutions to provide consumers with fast, accurate, and secure remote deposit functionality. Mitek’s identity verification technologies are embedded within mobile and web applications, delivering real-time, automated identity validation across critical digital interactions.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $101.3M | $119.8M | $144.8M | $172.6M | $172.1M | $179.7M |
| Net income | $7.8M | $8.0M | $3.7M | $8.0M | $3.3M | $8.8M |
| Free cash flow | $23.3M | $36.0M | $20.0M | $30.6M | $30.3M | $54.2M |
More on MITK.
- Mitek Systems Inc summary
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Figures from Mitek Systems Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.