Mitek Systems (LTS:0K1W) Ending Cash Position : $64.5 Mil (As of Dec. 2023)

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What is Mitek Systems Ending Cash Position?

Mitek Systems's Ending Cash Position for the quarter that ended in Dec. 2023 was $64.5 Mil.

Mitek Systems's quarterly Ending Cash Position declined from Jun. 2023 ($87.5 Mil) to Sep. 2023 ($58.9 Mil) but then increased from Sep. 2023 ($58.9 Mil) to Dec. 2023 ($64.5 Mil).

Mitek Systems's annual Ending Cash Position increased from Sep. 2021 ($30.3 Mil) to Sep. 2022 ($32.1 Mil) and increased from Sep. 2022 ($32.1 Mil) to Sep. 2023 ($58.9 Mil).

Mitek Systems Ending Cash Position Historical Data

The historical data trend for Mitek Systems's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mitek Systems Ending Cash Position Chart

Mitek Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Ending Cash Position

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16.75

19.99

30.31

32.06

58.91

Mitek Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Ending Cash Position	Get a 7-Day Free Trial															57.12	83.05	87.49	58.91	64.54

Mitek Systems Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Mitek Systems's Ending Cash Position for the fiscal year that ended in Sep. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	32.059	+	26.854
	=	58.9

Mitek Systems's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	58.913	+	5.625
	=	64.5

Mitek Systems Ending Cash Position Related Terms

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Mitek Systems (LTS:0K1W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mitek Systems Inc (LTS:0K1W) » Definitions » Ending Cash Position

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MITK:USA MKQ:Germany

Address

600 B Street, Suite 100, San Diego, CA, USA, 92101

Website

https://www.miteksystems.com

Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

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