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Mitek Systems MITK Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

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The BancorpTBBK
$1.05M+113%
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Equity BancsharesEQBK
$3.35M+481%
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Clear SecureYOU
$350K+237%
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Five Star BancorpFSBC
-$185K+16.3%
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First BancorpFBNC
-$587K+59.0%
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Banc of CaliforniaBANC
-$4.52M+10.7%

Other financials

Income statement

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Revenue$54.8M+5.6%
Gross profit$31.4M-8.8%
Operating income$13.5M+19.2%
Net income$9.5M+4.2%
EPS (diluted)$0.200.0%

Balance sheet

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Cash & equivalents$69.2M-33.9%
Total debt$52.5M+1,729%
Total equity$239.5M+8.7%
Total assets$356.9M-16.1%

Cash flow

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Operating cash flow$8.0M+1,319%
CapEx$1.6M+569%
Free cash flow$6.6M+2,766%

Valuation

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Market cap$797.05M+84.9%
Enterprise value$780.38M+137%
P/E48.1×+15.8×
P/S4.2×+1.8×

Profitability

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Gross margin86.7%+0.5pp
Operating margin14.5%+5.1pp
Net margin8.7%+1.2pp
FCF margin32.4%+9.1pp

Returns & leverage

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Return on equity7.2%+1.1pp
Debt / equity0.2×+0.2×
Current ratio2.6×+1.6×

Where this comes from

Reported directly by Mitek Systems in its filing.

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The official record: Mitek Systems’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mitek Systems's accretion (amortization) of discounts and premiums, investments?
Mitek Systems (MITK) reported accretion (amortization) of discounts and premiums, investments of $46K in Q1 2026.
How has Mitek Systems's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Mitek Systems's accretion (amortization) of discounts and premiums, investments decreased by 86.8% year-over-year, from $349K to $46K.
What is the long-term trend for Mitek Systems's accretion (amortization) of discounts and premiums, investments?
Over 3 years (2021 to 2024), Mitek Systems's accretion (amortization) of discounts and premiums, investments has grown at a 28.4% compound annual growth rate (CAGR), from -$1.27M to $2.68M.
What does accretion (amortization) of discounts and premiums, investments mean?
This metric captures the non-cash adjustments to the carrying value of investment securities resulting from the amortization of premiums or accretion of discounts. It aligns the purchase price of debt instruments with their face value over the holding period. This adjustment is essential for reconciling net income to cash flow from operations by removing non-cash yield impacts.