Mitek Retained Earnings from 2010 to 2024

MITK Stock

USD 9.59 0.25 2.68%

Mitek Systems Retained Earnings yearly trend continues to be quite stable with very little volatility. The value of Retained Earnings are projected to decrease to about -8.8 M. Retained Earnings is the cumulative amount of net income that Mitek Systems retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1988-09-30

Previous Quarter

-14.8 M

Current Value

-24.6 M

Quarterly Volatility

10.4 M

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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 24.4 M, Interest Expense of 8.6 M or Total Revenue of 208.4 M, as well as many indicators such as Price To Sales Ratio of 2.89, 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.

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.

Latest Mitek Systems' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Mitek Systems over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Mitek Systems' Retained Earnings 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.

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Last Reported (9.31 M)

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

Mitek Retained Earnings Regression Statistics

	Arithmetic Mean	(18,709,595)
	Coefficient Of Variation	(57.63)
	Mean Deviation	8,813,882
	Median	(18,001,000)
	Standard Deviation	10,783,000
	Sample Variance	116.3T
	Range	34M
	R-Value	0.50
	Mean Square Error	93.9T
	R-Squared	0.25
	Significance	0.06
	Slope	1,205,098
	Total Sum of Squares	1627.8T

Mitek Retained Earnings History

	2024	-8.8 M
	2023	-8.4 M
	2022	-9.3 M
	2021	-18 M
	2020	-5.6 M
	2019	-14 M
	2018	-20.8 M

Other Fundumenentals of Mitek Systems

Retained Earnings Total Equity

Mitek Systems Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Intangible Assets	Net Tangible Assets	Good Will	Short Term Investments	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Net Invested Capital	Net Working Capital	Short Long Term Debt	Capital Stock
Total Assets		0.98	0.94	0.63	0.93	0.99	0.98	-0.13	0.86	0.64	0.96	0.96	0.94	0.92	0.97	0.96	0.88	0.94	0.94	0.38	0.93	0.86	-0.87	0.92
Total Stockholder Equity	0.98		0.86	0.61	0.94	0.94	0.96	-0.03	0.88	0.7	0.97	0.96	0.93	0.92	0.97	0.94	0.83	0.98	0.94	0.3	0.89	0.79	-0.9	0.91
Net Debt	0.94	0.86		0.61	0.82	0.98	0.91	-0.28	0.74	0.48	0.86	0.87	0.87	0.86	0.88	0.9	0.87	0.8	0.86	0.46	0.92	0.87	-0.73	0.84
Retained Earnings	0.63	0.61	0.61		0.59	0.62	0.62	0.06	0.58	0.14	0.62	0.55	0.64	0.53	0.63	0.57	0.6	0.59	0.64	0.33	0.61	0.6	-0.6	0.6
Net Receivables	0.93	0.94	0.82	0.59		0.89	0.91	-0.04	0.98	0.57	0.91	0.99	0.89	0.95	0.9	0.98	0.67	0.9	0.88	0.02	0.84	0.71	-0.81	0.92
Total Liab	0.99	0.94	0.98	0.62	0.89		0.97	-0.21	0.82	0.57	0.93	0.93	0.92	0.89	0.94	0.94	0.89	0.88	0.91	0.43	0.94	0.89	-0.81	0.9
Total Current Assets	0.98	0.96	0.91	0.62	0.91	0.97		-0.21	0.84	0.61	0.93	0.95	0.93	0.85	0.96	0.92	0.91	0.91	0.92	0.4	0.91	0.89	-0.83	0.92
Short Term Debt	-0.13	-0.03	-0.28	0.06	-0.04	-0.21	-0.21		0.0	0.03	-0.12	-0.16	-0.33	0.01	-0.18	-0.1	-0.28	-0.04	-0.26	-0.19	-0.21	-0.38	0.03	-0.21
Accounts Payable	0.86	0.88	0.74	0.58	0.98	0.82	0.84	0.0		0.48	0.85	0.95	0.83	0.92	0.84	0.94	0.56	0.84	0.82	-0.12	0.77	0.62	-0.76	0.89
Common Stock	0.64	0.7	0.48	0.14	0.57	0.57	0.61	0.03	0.48		0.67	0.61	0.59	0.6	0.66	0.58	0.54	0.72	0.63	0.26	0.73	0.63	-0.7	0.66
Property Plant Equipment	0.96	0.97	0.86	0.62	0.91	0.93	0.93	-0.12	0.85	0.67		0.93	0.97	0.91	0.95	0.93	0.81	0.98	0.98	0.32	0.9	0.79	-0.91	0.9
Current Deferred Revenue	0.96	0.96	0.87	0.55	0.99	0.93	0.95	-0.16	0.95	0.61	0.93		0.93	0.95	0.94	0.98	0.75	0.92	0.91	0.12	0.88	0.77	-0.83	0.94
Long Term Debt	0.94	0.93	0.87	0.64	0.89	0.92	0.93	-0.33	0.83	0.59	0.97	0.93		0.86	0.95	0.91	0.82	0.94	0.99	0.3	0.89	0.82	-0.87	0.91
Intangible Assets	0.92	0.92	0.86	0.53	0.95	0.89	0.85	0.01	0.92	0.6	0.91	0.95	0.86		0.88	0.99	0.63	0.89	0.86	0.07	0.86	0.66	-0.8	0.87
Net Tangible Assets	0.97	0.97	0.88	0.63	0.9	0.94	0.96	-0.18	0.84	0.66	0.95	0.94	0.95	0.88		0.92	0.85	0.96	0.95	0.34	0.89	0.82	-0.89	0.9
Good Will	0.96	0.94	0.9	0.57	0.98	0.94	0.92	-0.1	0.94	0.58	0.93	0.98	0.91	0.99	0.92		0.71	0.9	0.9	0.12	0.89	0.74	-0.83	0.92
Short Term Investments	0.88	0.83	0.87	0.6	0.67	0.89	0.91	-0.28	0.56	0.54	0.81	0.75	0.82	0.63	0.85	0.71		0.79	0.82	0.72	0.83	0.91	-0.73	0.75
Capital Surpluse	0.94	0.98	0.8	0.59	0.9	0.88	0.91	-0.04	0.84	0.72	0.98	0.92	0.94	0.89	0.96	0.9	0.79		0.96	0.29	0.86	0.74	-0.93	0.87
Deferred Long Term Liab	0.94	0.94	0.86	0.64	0.88	0.91	0.92	-0.26	0.82	0.63	0.98	0.91	0.99	0.86	0.95	0.9	0.82	0.96		0.33	0.88	0.81	-0.89	0.89
Long Term Investments	0.38	0.3	0.46	0.33	0.02	0.43	0.4	-0.19	-0.12	0.26	0.32	0.12	0.3	0.07	0.34	0.12	0.72	0.29	0.33		0.4	0.57	-0.3	0.18
Net Invested Capital	0.93	0.89	0.92	0.61	0.84	0.94	0.91	-0.21	0.77	0.73	0.9	0.88	0.89	0.86	0.89	0.89	0.83	0.86	0.88	0.4		0.93	-0.84	0.92
Net Working Capital	0.86	0.79	0.87	0.6	0.71	0.89	0.89	-0.38	0.62	0.63	0.79	0.77	0.82	0.66	0.82	0.74	0.91	0.74	0.81	0.57	0.93		-0.74	0.86
Short Long Term Debt	-0.87	-0.9	-0.73	-0.6	-0.81	-0.81	-0.83	0.03	-0.76	-0.7	-0.91	-0.83	-0.87	-0.8	-0.89	-0.83	-0.73	-0.93	-0.89	-0.3	-0.84	-0.74		-0.85
Capital Stock	0.92	0.91	0.84	0.6	0.92	0.9	0.92	-0.21	0.89	0.66	0.9	0.94	0.91	0.87	0.9	0.92	0.75	0.87	0.89	0.18	0.92	0.86	-0.85

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About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Retained Earnings, 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 Reported	Projected for Next Year
Retained Earnings	-8.4 M	-8.8 M
Retained Earnings Total Equity	-7 M	-7.3 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:

How To Invest In Mitek

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Is Mitek Stock a good investment?

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What is Mitek Systems' Net Worth?

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Largest Application Software Companies

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Largest Software - Application Companies

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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.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.94)

Earnings Share

(0.14)

Revenue Per Share

3.59

Quarterly Revenue Growth

0.044

Return On Assets

(0.01)

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.

Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Mitek Retained Earnings from 2010 to 2024

Latest Mitek Systems' Retained Earnings Growth Pattern

Mitek Retained Earnings Regression Statistics

Mitek Retained Earnings History

Other Fundumenentals of Mitek Systems

Mitek Systems Retained Earnings component correlations

About Mitek Systems Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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