Mitek Cash Flow - Annual (NASDAQ:MITK)

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$7.95 $0.05 (0.62%) MITK stock closing price Feb 20, 2018 (Closing)

The Mitek cash flow statement helps investors understand how well the company is managing its cash flows. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Mitek profits and Mitek debt. Mitek cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Mitek had cash and cash equivalents of $9.01M at the beginning of the year and $12.28M at year end for 2017. The cash from operating activities for Mitek is $ 2017, which saw an increase from previous year.

View details of Mitek cash flows for latest & last 10 financial years
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Annual
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Fiscal year is Oct - Sep2017201620152014201320122011201020092008
Net Income Cash Flow
14.09M1.95M2.52M-5.29M-7.27M-7.83M-0.12M-0.68M-1.32M-0.74M
Depreciation Depletion Amortization Cash-Flow2.52M3.04M1.42M-------
Net Increase (Decrease) in Assets Liabilities-0.58M-1.09M-0.56M-1.48M3.37M2.97M-1.46M-1.01M--
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-5.58M3.95M2.72M3.43M2.78M2.59M1.67M---
Net Cash from (used by) Operating Activities
10.44M7.85M6.1M-2.46M-0.61M-1.77M--0.8M-0.55M-0.39M
Increase (Decrease) in Prop Plant And Equipment-0.48M-0.25M-0.07M-0.13M-1.46M-0.33M-0.2M-0.01M-0.01M-0.04M
Acquisition Disposition of Subsidiaires---5.42M-------
Increase (Decrease) in Investments-7.28M-3.03M-5.84M-12.97M2.03M2.44M-10.61M---
Other Cash Inflow (Outflow) from Investment Activities---------0.06M-0.34M
Net Cash from (used by) Investment Activities
-7.77M-3.28M-11.34M-13.11M-2.1M-10.81M-0.01M-0.07M-0.39M
Issuance (Purchase) of Equity Shares-1.75M--16.65M-14.85M---
Issuance (Repayment) of Debt Securities--0.02M-0.02M-0.01M-0.01M-0.01M----
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities----------
Net Cash from (used by) Financing Activities
-1.73M--16.63M-14.85M1.44M--
Effect of Exchange Rate Changes on Cash-0.07M-0.04M--------
Net Change in Cash & Cash Equivalents
3.27M6.25M-5.01M-15.52M16.59M1.04M4.35M--0.62M-0.79M
Cash & Equivalents at Beginning of Year9.01M2.75M7.76M23.29M6.7M5.65M1.3M-1.3M2.09M
Cash & Equivalents at Year End12.28M9.01M2.75M7.76M23.29M6.7M5.65M1.3M-1.3M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Mitek stock price history and Mitek stock comparison chart inevitably reflect its cash flow situation.

  • Mitek has cash of $12.28M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Mitek stock price.
  • The cash generated from the core business or operations was a positive at $10.44M for Mitek in the latest 2017. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Cash Flow from investment activities: Mitek used $-7.77M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $- for Mitek.

Key Financial Ratios For Mitek Cash Flow

FCF margin
0.19

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