secwatch.observer — SEC 8-K summary
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Issuer:     MITEK SYSTEMS INC (MITK)
CIK:        0000807863
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0000807863-23-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mitek reports record FY2022 revenue $143.9M (+20% YoY); guides FY2023 $162-165M
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- Full year GAAP diluted EPS $0.07; Non-GAAP diluted EPS $0.87, up 16% YoY to record $39.6M.
- Q4 FY2022 revenue $38.8M (+17% YoY); GAAP net loss $0.3M; Non-GAAP net income $9.0M ($0.20 per share).
- Cash and investments $101.0M at Sep 30, 2022; operating cash flow $26.4M.
- FY2023 revenue guidance $162-165M (~14% YoY growth at midpoint); non-GAAP op margin 29.5-30.5%.
- Growth driven by deposits, HooYu integration, and new platforms MiVIP and MiPass.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/807863/000080786323000042/0000807863-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/807863/000080786323000042/mitk-20230629.htm
  HTML page:      https://secwatch.observer/filing/0000807863-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer