Mitek Q4 revenue $43.2M (+15% YoY), GAAP EPS $0.18; FY2025 guidance revenue $170-180M

MITEK SYSTEMS INC

GAAP net income Q4 $8.6M ($0.18 diluted) vs net loss of $1.4M (-$0.03) a year ago.
Adjusted EBITDA Q4 $15.4M (36% margin) vs $5.9M (16%) a year ago.
Full year FY2024 revenue $172.1M (flat YoY); GAAP net income $3.3M ($0.07) vs $8.0M ($0.17).
FY2025 guidance: revenue $170M-$180M, adjusted EBITDA margin 24%-28%.
Q4 repurchased 1.4M shares at avg $9.94 for $14.2M; full year 2.2M shares for $24.2M.

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