Mitek Systems Inc

miteksystems.com

Mitek Systems (NASDAQ: MITK) is a digital identity verification and mobile imaging software company that sells identity verification and Know Your Customer (KYC) solutions to businesses. The company generates revenue through software licensing and subscription-based arrangements, with deferred revenue visible on its balance sheet as of September 30, 2025. Mitek operates across multiple geographies, with offices in San Diego, California (headquarters), Paris, Amsterdam, New York, Barcelona, Leeds, and London as of the FY2025 10-K filed December 11, 2025. Its flagship product suite includes MiVIP, an end-to-end identity verification platform combining facial biometrics, liveness detection, ID document validation, database checks, geolocation, and digital footprint analysis. Target end markets include financial services, telecommunications, and e-commerce. The company competes in the mobile imaging software market against competitors with greater financial and technical resources, and faces pricing pressure as a result. Mitek has convertible senior notes outstanding and conducted $4.7 million in share repurchases during the twelve months ended September 30, 2025.