Mitek Other Operating Expenses from 2010 to 2026

MITK Stock  USD 13.40  1.89  16.42%   
Mitek Systems Other Operating Expenses yearly trend continues to be quite stable with very little volatility. Other Operating Expenses may rise above about 195.7 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
1988-09-30
Previous Quarter
40.1 M
Current Value
38.8 M
Quarterly Volatility
12.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 21 M, Interest Expense of 8.5 M or Total Revenue of 217 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
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Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
Historical Other Operating Expenses data for Mitek Systems serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Mitek Systems represents a compelling investment opportunity.

Latest Mitek Systems' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Mitek Systems over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mitek Systems. It is also known as Mitek Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Mitek Systems' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Mitek Other Operating Expenses Regression Statistics

Arithmetic Mean91,616,492
Geometric Mean63,861,279
Coefficient Of Variation73.23
Mean Deviation58,077,867
Median86,113,000
Standard Deviation67,089,488
Sample Variance4501T
Range184.9M
R-Value0.98
Mean Square Error236.1T
R-Squared0.95
Slope12,954,934
Total Sum of Squares72016T

Mitek Other Operating Expenses History

2026195.7 M
2025186.4 M
2024162.1 M
2023169.9 M
2021157 M
2020106.1 M
201992.6 M

About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Other Operating Expenses, to predict how Mitek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Operating Expenses186.4 M195.7 M

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.35
Revenue Per Share
4.072
Quarterly Revenue Growth
0.188
Return On Assets
0.0384
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.