MITEK SYSTEMS, INC.
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2015 | $25.4M | $1.9M | $2.5M |
| FY2016 | $34.7M | $1.8M | $2.0M |
| FY2017 | $45.4M | $2.8M | $14.1M |
| FY2018 | $63.6M | $-7.8M | $-11.8M |
| FY2019 | $84.6M | $-4.6M | $-724.0K |
| FY2020 | $101.3M | $8.9M | $7.8M |
| FY2021 | $119.8M | $13.3M | $8.0M |
| FY2022 | $144.8M | $12.2M | $3.7M |
| FY2023 | $172.6M | $15.6M | $8.0M |
| FY2024 | $172.1M | $2.2M | $3.3M |
When you combine ignorance and leverage, you get some pretty interesting results.