Mitek Operating Income from 2010 to 2026

MKQ Stock  EUR 11.29  1.98  21.27%   
Mitek Systems' Operating Income is increasing over the last several years with slightly volatile swings. Operating Income is predicted to flatten to about 12.5 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Mitek Systems generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2019-12-31
Previous Quarter
4.7 M
Current Value
M
Quarterly Volatility
4.3 M
 
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 Tax Provision of 3.4 M, Interest Expense of 11.8 M or Selling General Administrative of 66.7 M, as well as many indicators such as . Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
This module can also supplement various Mitek Systems Technical models . Check out the analysis of Mitek Systems Correlation against competitors.
For more detail on how to invest in Mitek Stock please use our How to Invest in Mitek Systems guide.
The Operating Income trend for Mitek Systems offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Mitek Systems is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Mitek Systems' Operating Income Growth Pattern

Below is the plot of the Operating Income of Mitek Systems over the last few years. Operating Income is the amount of profit realized from Mitek Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mitek Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Mitek Systems' Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Mitek Operating Income Regression Statistics

Arithmetic Mean9,764,876
Geometric Mean7,189,178
Coefficient Of Variation69.25
Mean Deviation6,036,208
Median5,125,000
Standard Deviation6,762,633
Sample Variance45.7T
Range21.8M
R-Value0.66
Mean Square Error27.5T
R-Squared0.44
Significance0
Slope883,663
Total Sum of Squares731.7T

Mitek Operating Income History

202612.5 M
202520.3 M
202417.6 M
2023M
202217.7 M
202114 M
202022.2 M

About Mitek Systems Financial Statements

Mitek Systems stakeholders use historical fundamental indicators, such as Mitek Systems' Operating Income, to determine how well the company is positioned to perform in the future. Although Mitek Systems investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mitek Systems' assets and liabilities are reflected in the revenues and expenses on Mitek Systems' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mitek Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income20.3 M12.5 M

Currently Active Assets on Macroaxis

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 detail on how to invest in Mitek Stock please use our How to Invest in Mitek Systems guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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. In contrast, Mitek Systems' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.