Mitek Cash Flow - Quarterly (NASDAQ:MITK)

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$7.85 $0.1 (1.26%) MITK stock closing price Feb 21, 2018 (Closing)

The Mitek cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Mitek debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Mitek revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Mitek stock analysis. Mitek generated $2.57M cash from operating activities in till this quarter of 2018 Q1. MITK decrease in investments stood at a value of $-8.65M for the latest quarter 2018 Q1.

View and download details of Mitek cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Oct - Sep2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
-5.74M14.09M1.22M--0.6M1.95M---0.32M2.52M
Depreciation Depletion Amortization Cash-Flow-2.52M1.96M1.27M-3.04M2.03M1.4M-1.42M
Net Increase (Decrease) in Assets Liabilities1.11M-0.58M---2.4M-1.09M-0.85M1.35M-0.33M-0.56M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net6.31M-5.58M3.94M2.3M1.08M3.95M3.1M2.16M-2.72M
Net Cash from (used by) Operating Activities
2.57M10.44M7.19M4.37M-1.22M7.85M5.29M5.18M1.01M6.1M
Increase (Decrease) in Prop Plant And Equipment-0.22M-0.48M-0.36M-0.25M-0.04M-0.25M-0.14M-0.11M-0.07M-0.07M
Acquisition Disposition of Subsidiaires-2.99M---------5.42M
Increase (Decrease) in Investments-5.44M-7.28M-6.85M-0.16M-1.53M-3.03M-4.39M5.12M--5.84M
Other Cash Inflow (Outflow) from Investment Activities----------
Net Cash from (used by) Investment Activities
-8.65M-7.77M-7.21M-0.42M-1.57M-3.28M-4.53M5.01M--11.34M
Issuance (Purchase) of Equity Shares-----1.75M1.59M---
Issuance (Repayment) of Debt Securities------0.02M-0.01M-0.01M-0.01M-0.02M
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
-----1.73M1.58M---
Effect of Exchange Rate Changes on Cash--0.07M-0.06M-0.03M-0.01M-0.04M-0.08M-0.03M-0.03M-
Net Change in Cash & Cash Equivalents
-5.95M3.27M-3.94M-2.79M6.25M2.25M10.47M1.6M-5.01M
Cash & Equivalents at Beginning of Year9.01M2.75M7.76M23.29M6.7M5.65M1.3M-1.3M2.09M
Cash & Equivalents at Year End6.34M12.28M9.29M12.95M6.21M9.01M5M13.22M4.35M2.75M
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 had a Net Change in Cash and Cash Equivalents of $-5.95M in the latest quarter 2018 Q1. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Mitek stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Mitek increased its cash from operating activities to $2.57M till 2018 Q1. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-8.65M for MITK stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Mitek spent $- from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Mitek Cash Flow

FCF margin
0.19

Quarterly Cash Flow Statements For Mitek Systems, Inc. Peers

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