Last $3.45 USD
Change Today +0.08 / 2.37%
Volume 267.6K
MITK On Other Exchanges
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

mitek systems inc (MITK) Snapshot

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52 Week High
06/17/13 - $7.71
52 Week Low
04/11/14 - $3.30
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mitek systems inc (MITK) Details

Mitek Systems, Inc. develops, sells, and services software solutions related to mobile imaging in the Unites States. It offers Mobile Deposit, a software application that allows users to remotely deposit a check using their camera-equipped smartphones or tablets; Mobile Photo Bill Pay, a mobile bill payment product that allows users to pay their bills using their camera-equipped smartphone or tablet; and Mobile Balance Transfer that allows credit card issuers to transfer an existing credit card balance by capturing an image of the user’s current credit card statement. The company also provides Mobile Photo Account Opening, a product that enables users to open a checking, savings, or credit card account by capturing an image of the front and back of their driver’s license; and Mobile Photo Quoting, which enables users to receive insurance quotes. Mitek Systems, Inc. markets and sells its mobile imaging software solutions through channel partners or directly to enterprise customers. The company was founded in 1983 and is headquartered in San Diego, California.

65 Employees
Last Reported Date: 12/12/13
Founded in 1983

mitek systems inc (MITK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $399.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $231.8K
Chief Revenue Officer
Total Annual Compensation: $175.0K
Chief Technology Officer
Total Annual Compensation: $263.0K
Chief Marketing Officer
Total Annual Compensation: $57.7K
Compensation as of Fiscal Year 2013.

mitek systems inc (MITK) Key Developments

Major Bank Licenses Mitek's Mobile Deposit and Mobile Photo Bill Pay

Mitek announced that another top 30 U.S. bank has licensed Mobile Deposit and Mobile Photo Bill Pay. The deal closed during Mitek's second fiscal quarter and is scheduled to be available to this bank's customers later 2014.

Mitek and Ensenta Announces Agreement to Broaden Mobile Imaging Solutions

Mitek and Ensenta announced an agreement to broaden their partnership to include new mobile imaging solutions. Under the terms of the agreement Ensenta will sell and integrate Mobile Photo Account Opening and Funding, Mobile Photo Bill Pay, and Mobile Photo Balance Transfer solutions. The agreement includes Mitek MiSnap SDK(TM). Ensenta will be working closely with their partners and financial institution customers to integrate these technologies into their banking platforms.

Mitek Systems, Inc. Presents at Barclays Emerging Payments Forum, Mar-25-2014 11:10 AM

Mitek Systems, Inc. Presents at Barclays Emerging Payments Forum, Mar-25-2014 11:10 AM. Venue: The Crowne Plaza Time Square Hotel, 1605 Broadway, New York, NY 10019, United States. Speakers: Russell C. Clark, Chief Financial Officer, Principal Accounting Officer and Secretary.


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Valuation MITK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.6x
Price/Book 4.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 5.1x

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