Mitek Systems Future Growth
Future criteria checks 4/6
Mitek Systems is forecast to grow earnings and revenue by 117% and 12.8% per annum respectively while EPS is expected to grow by 117.1% per annum.
Key information
117.0%
Earnings growth rate
117.1%
EPS growth rate
Software earnings growth | 15.3% |
Revenue growth rate | 12.8% |
Future return on equity | n/a |
Analyst coverage | Good |
Last updated | 24 May 2024 |
Recent future growth updates
Recent updates
Market Still Lacking Some Conviction On Mitek Systems, Inc. (NASDAQ:MITK)
Jul 17Mitek Systems: Growth Re-Acceleration Likely Around The Corner
May 21Mitek Systems Is Fundamentally Undervalued Despite Recent Issues
Jan 10Mitek Systems: A Strong SaaS Provider Growing Into A New Market
Sep 27Mitek Systems gets Nasdaq non-compliance notice as filing of quarterly report delayed
Aug 17Mitek's Great Quarter Renders Softened Guidance Last Quarter Moot
Aug 03Is Mitek Systems (NASDAQ:MITK) A Risky Investment?
Jul 15Are Investors Undervaluing Mitek Systems, Inc. (NASDAQ:MITK) By 21%?
Jun 02Mitek's Legal Overhang Sees No Development, Declines Unjustified
May 10Returns At Mitek Systems (NASDAQ:MITK) Appear To Be Weighed Down
May 01We Think Mitek Systems (NASDAQ:MITK) Can Manage Its Debt With Ease
Apr 11Calculating The Intrinsic Value Of Mitek Systems, Inc. (NASDAQ:MITK)
Feb 24Mitek Systems' Monopoly Status Will Allow It To Exert Pricing Power
Jan 27Mitek's ID Products Continue To Grow In The Mix, Legal Overhang Remains
Dec 22Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
9/30/2026 | 229 | 25 | N/A | N/A | 1 |
9/30/2025 | 203 | 23 | 55 | 52 | 5 |
9/30/2024 | 182 | 2 | 29 | 31 | 6 |
3/31/2024 | 165 | -7 | 16 | 18 | N/A |
12/31/2023 | 164 | -2 | 16 | 17 | N/A |
9/30/2023 | 173 | 8 | 31 | 32 | N/A |
6/30/2023 | 175 | 10 | 32 | 33 | N/A |
3/31/2023 | 171 | 10 | 22 | 23 | N/A |
12/31/2022 | 158 | 5 | 23 | 24 | N/A |
9/30/2022 | 145 | 4 | 20 | 21 | N/A |
6/30/2022 | 138 | 5 | 27 | 28 | N/A |
3/31/2022 | 131 | 8 | 30 | 31 | N/A |
12/31/2021 | 126 | 9 | 30 | 31 | N/A |
9/30/2021 | 120 | 8 | 36 | 37 | N/A |
6/30/2021 | 117 | 11 | 31 | 32 | N/A |
3/31/2021 | 111 | 10 | 31 | 32 | N/A |
12/31/2020 | 105 | 9 | 27 | 28 | N/A |
9/30/2020 | 101 | 8 | 23 | 24 | N/A |
6/30/2020 | 96 | 6 | 23 | 24 | N/A |
3/31/2020 | 92 | 5 | 15 | 16 | N/A |
12/31/2019 | 89 | 3 | 16 | 17 | N/A |
9/30/2019 | 85 | -1 | 13 | 14 | N/A |
6/30/2019 | 81 | -6 | 7 | 9 | N/A |
3/31/2019 | 75 | -9 | 5 | 8 | N/A |
12/31/2018 | 69 | -9 | 1 | 5 | N/A |
9/30/2018 | 64 | -12 | 1 | 6 | N/A |
6/30/2018 | 55 | 3 | 4 | 8 | N/A |
3/31/2018 | 51 | 7 | 8 | 10 | N/A |
12/31/2017 | 48 | 9 | N/A | 14 | N/A |
9/30/2017 | 45 | 14 | N/A | 10 | N/A |
6/30/2017 | 42 | 2 | N/A | 10 | N/A |
3/31/2017 | 39 | 2 | N/A | 7 | N/A |
12/31/2016 | 37 | 2 | N/A | 6 | N/A |
9/30/2016 | 35 | 2 | N/A | 8 | N/A |
6/30/2016 | 33 | 2 | N/A | 7 | N/A |
3/31/2016 | 30 | 2 | N/A | 9 | N/A |
12/31/2015 | 27 | 2 | N/A | 6 | N/A |
9/30/2015 | 25 | 3 | N/A | 6 | N/A |
6/30/2015 | 23 | 2 | N/A | 4 | N/A |
3/31/2015 | 21 | -1 | N/A | 3 | N/A |
12/31/2014 | 20 | -4 | N/A | 0 | N/A |
9/30/2014 | 19 | -5 | N/A | -2 | N/A |
6/30/2014 | 18 | -7 | N/A | -5 | N/A |
3/31/2014 | 17 | -7 | N/A | -4 | N/A |
12/31/2013 | 16 | -7 | N/A | -3 | N/A |
9/30/2013 | 15 | -7 | N/A | -1 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MITK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: MITK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MITK is expected to become profitable in the next 3 years.
Revenue vs Market: MITK's revenue (12.8% per year) is forecast to grow faster than the US market (8.7% per year).
High Growth Revenue: MITK's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MITK's Return on Equity is forecast to be high in 3 years time