Mitek Systems Inc (MITK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mitek Systems Inc (MITK) has a cash flow conversion efficiency ratio of 0.108x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($27.16 Million) by net assets ($250.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see MITK stock market capitalisation for the company's overall valuation and market capitalisation.
Mitek Systems Inc - Cash Flow Conversion Efficiency Trend (1990–2025)
This chart illustrates how Mitek Systems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mitek Systems Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mitek Systems Inc ranked by their cash flow conversion efficiency. Explore MITK cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Voyageurs du Monde SA
PA:ALVDM
|
-0.097x |
|
Wilh Wilhelmsen Holding ASA B
OL:WWIB
|
0.014x |
|
Salfacorp
SN:SALFACORP
|
0.122x |
|
Orient International Enterprise Ltd
SHG:600278
|
0.007x |
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
0.049x |
|
Chengdu B-ray Media Co Ltd
SHG:600880
|
-0.001x |
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
N/A |
|
BIOCYTOGEN PHARMA. H YC1
F:I54
|
N/A |
Annual Cash Flow Conversion Efficiency for Mitek Systems Inc (1990–2025)
The table below shows the annual cash flow conversion efficiency of Mitek Systems Inc from 1990 to 2025. View MITK live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $240.26 Million | $55.34 Million | 0.230x | +56.14% |
| 2024-09-30 | $214.80 Million | $31.69 Million | 0.148x | -4.17% |
| 2023-09-30 | $205.19 Million | $31.59 Million | 0.154x | -0.50% |
| 2022-09-30 | $170.32 Million | $26.35 Million | 0.155x | -20.10% |
| 2021-09-30 | $192.83 Million | $37.34 Million | 0.194x | +6.16% |
| 2020-09-30 | $132.24 Million | $24.12 Million | 0.182x | +37.39% |
| 2019-09-30 | $107.33 Million | $14.25 Million | 0.133x | +125.11% |
| 2018-09-30 | $95.39 Million | $5.63 Million | 0.059x | -65.33% |
| 2017-09-30 | $61.41 Million | $10.45 Million | 0.170x | -14.49% |
| 2016-09-30 | $39.48 Million | $7.85 Million | 0.199x | -0.84% |
| 2015-09-30 | $30.43 Million | $6.11 Million | 0.201x | +294.53% |
| 2014-09-30 | $23.94 Million | $-2.47 Million | -0.103x | -331.38% |
| 2013-09-30 | $25.73 Million | $-615.06K | -0.024x | +81.78% |
| 2012-09-30 | $13.56 Million | $-1.78 Million | -0.131x | -849.29% |
| 2011-09-30 | $18.06 Million | $316.17K | 0.018x | +102.18% |
| 2010-09-30 | $1.00 Million | $-806.06K | -0.805x | +81.71% |
| 2009-09-30 | $125.77K | $-553.45K | -4.401x | -1368.90% |
| 2008-09-30 | $1.33 Million | $-398.94K | -0.300x | -170.63% |
| 2007-09-30 | $1.86 Million | $-205.72K | -0.111x | -317.00% |
| 2006-09-30 | $2.02 Million | $-53.53K | -0.027x | +98.63% |
| 2005-09-30 | $1.05 Million | $-2.02 Million | -1.932x | -506.24% |
| 2004-09-30 | $2.57 Million | $1.22 Million | 0.476x | +0.02% |
| 2003-09-30 | $2.57 Million | $1.22 Million | 0.475x | +537.84% |
| 2002-09-30 | $5.03 Million | $374.72K | 0.075x | -64.91% |
| 2001-09-30 | $4.56 Million | $969.30K | 0.212x | +157.13% |
| 2000-09-30 | $4.89 Million | $-1.82 Million | -0.372x | -593.93% |
| 1999-09-30 | $5.60 Million | $-300.00K | -0.054x | -15.18% |
| 1998-09-30 | $4.30 Million | $-200.00K | -0.047x | +90.01% |
| 1997-09-30 | $5.80 Million | $-2.70 Million | -0.466x | -351.38% |
| 1996-09-30 | $2.70 Million | $500.00K | 0.185x | +180.25% |
| 1995-09-30 | $1.30 Million | $-300.00K | -0.231x | -115.38% |
| 1994-09-30 | $800.00K | $1.20 Million | 1.500x | +12.50% |
| 1993-09-30 | $1.80 Million | $2.40 Million | 1.333x | +5.88% |
| 1992-09-30 | $2.70 Million | $3.40 Million | 1.259x | +21.43% |
| 1991-09-30 | $2.70 Million | $2.80 Million | 1.037x | +43.59% |
| 1990-09-30 | $1.80 Million | $1.30 Million | 0.722x | -- |
About Mitek Systems Inc
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobi… Read more