Another financial reporting deadline missed by Mitek

A preliminary and delayed report on fiscal 2023 for Mitek is out and while the numbers available are positive, the document has holes.

Very few GAAP figures have been published by Mitek. Non-GAAP numbers are more common, but still scarce.

The firm reports a profit of $7.8 million from its biometric ID verification and mobile deposit software, or $0.17 per diluted share for the year ended September 2023, which is a 2.6-times increase over the $3 million reported for fiscal …

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