MITEK SYSTEMS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | -7.5% | -13.3% |
| FY2011 | — | 2.5% | -1.2% |
| FY2012 | — | -86.7% | -86.2% |
| FY2013 | — | -49.3% | -49.1% |
| FY2014 | — | -28.2% | -27.6% |
| FY2015 | — | 7.5% | 10.0% |
| FY2016 | — | 5.3% | 5.6% |
| FY2017 | — | 6.1% | 31.0% |
| FY2018 | — | -12.3% | -18.6% |
| FY2019 | — | -5.4% | -0.9% |
| FY2020 | — | 8.8% | 7.7% |
| FY2021 | — | 11.1% | 6.7% |
| FY2022 | — | 8.4% | 2.6% |
| FY2023 | — | 9.0% | 4.7% |
| FY2024 | — | 1.3% | 1.9% |
| FY2025 | — | 9.3% | 4.9% |
The best armour of old age is a well spent life perfecting it.