Mitek Systems (NasdaqCM:MITK) Q4 2025 Earnings Call December 11, 2025 05:00 PM ET Company ParticipantsEd West - CEOJake Radenbaugh - Investment Banking AssociateRyan Flanagan - Head of Investor RelationsDave Lyle - CFOConference Call ParticipantsMike Grondahl - Senior Research AnalystGeorge Sutton - Senior Research AnalystSurinder Thind - SVP and Equity Research AnalystAllen Klee - Managing Director and Senior Equity Research AnalystOperatorGood afternoon, ladies and gentlemen, and welcome to the Mitek Repo ...

Mitek Systems (NasdaqCM:MITK) Q4 2025 Earnings Call December 11, 2025 05:00 PM ET Company ParticipantsEd West - CEORyan Flanagan - Head of Investor RelationsDave Lyle - CFOJake Roberge - Investment Banking AssociateConference Call ParticipantsMike Grondahl - Senior Research AnalystGeorge Sutton - Senior Research AnalystSurinder Thind - SVP and Equity Research AnalystAllen Klee - Managing Director and Senior Equity Research AnalystOperatorGood afternoon, ladies and gentlemen, and welcome to the Mitek Reports ...

Mitek Systems (NasdaqCM:MITK) Q4 2025 Earnings Call December 11, 2025 05:00 PM ET Speaker2Good afternoon, ladies and gentlemen, and welcome to the Mitek Reports Fiscal 2025 Fourth Quarter and Full Year Financial Results. At this time, lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star zero for an operator. This call is being recorded on Thursday, December 11, 2025. I wou ...

December 2025 ©2025 Mitek Systems Inc. All rights reserved Safe Harbor Statement NASDAQ: MITK Mitek Systems, Inc. Financial Highlights & Outlook Fiscal Q4 2025 Forward-looking statements contained in this presentation involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause our results to differ materially and adversely from those expressed or implied by such forward-looking statements. Forward- looking statements may include but are not limited ...

业绩总结 - 2025财年第三季度总收入为4600万美元，同比增长2%[31] - 存款收入为2600万美元，同比下降10%[31] - 身份收入为2000万美元，同比增长24%[31] - SaaS收入为1900万美元，同比增长23%[31] - 非GAAP毛利润为3900万美元，同比增长1%[31] - 调整后EBITDA为1300万美元，同比增长8%[31] - 自由现金流为2100万美元，同比增长69%[31] - 现金、现金等价物及投资总额为1.75亿美元，同比增长32%[31] - 总债务为1.5亿美元，同比增长6%[31] - 2025财年第三季度调整后EBITDA利润率为28.4%，同比提升160个基点[31] 用户数据与市场表现 - SaaS业务实现23%的同比增长，目前占最近12个月收入的41%，较去年增加4个百分点[53] - 最近12个月的运营支出占收入的比例从64%改善至55%[53] - 最近12个月自由现金流为5600万美元，显示出强劲的执行力，推动盈利质量和再投资能力[53] 未来展望 - 预计2025财年的总收入在1.74亿至1.77亿美元之间[56] - 2025财年第一季度预计收入为3700万至4200万美元[58] - 2025财年第四季度预计收入为3900万至4200万美元[58] - 2025财年调整后的EBITDA利润率预计在28%至29%之间[60] 财务健康状况 - 截至2025财年第三季度，净现金头寸为1.5亿美元[51] - GAAP净收入在Q2 FY24为282千美元，较Q1 FY24的亏损5,793千美元有显著改善[70] - 调整后的EBITDA在Q2 FY24为12,112千美元，较Q1 FY24的5,859千美元增长了106.5%[70] - Q2 FY24的总收入为44,976千美元，较Q1 FY24的37,656千美元增长了19.5%[71] - Q2 FY24的调整后EBITDA利润率为28.6%，较Q1 FY24的16.1%提升了12.5个百分点[70] - 自由现金流在Q2 FY24为12,554千美元，较Q1 FY24的6,581千美元增长了90%[71] - LTM调整后EBITDA在Q2 FY25为56,498千美元，较Q2 FY24的48,640千美元增长了16.1%[71] - LTM自由现金流在Q2 FY25为55,802千美元，较Q2 FY24的40,184千美元增长了38.8%[71] - 自由现金流转化率在Q2 FY25为98.8%，显示出公司在现金流管理上的有效性[71] 其他信息 - Q2 FY24的利息支出为2,303千美元，较Q1 FY24的2,263千美元略有上升[70] - Q2 FY24的非GAAP调整项包括股权激励费用为3,888千美元，显示出公司在员工激励方面的持续投入[70]