Mitek Selling And Marketing Expenses from 2010 to 2024

MITK Stock  USD 11.33  0.08  0.70%   
Mitek Systems Selling And Marketing Expenses yearly trend continues to be quite stable with very little volatility. The value of Selling And Marketing Expenses is projected to decrease to about 33.2 M. From the period between 2010 and 2024, Mitek Systems, Selling And Marketing Expenses regression line of its data series had standard deviation of  496,013,112 and standard deviation of  496,013,112. View All Fundamentals
 
Selling And Marketing Expenses  
First Reported
2001-03-31
Previous Quarter
11.1 M
Current Value
9.9 M
Quarterly Volatility
265.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 404.2 K, Interest Expense of 8.5 M or Total Revenue of 173.8 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Latest Mitek Systems' Selling And Marketing Expenses Growth Pattern

Below is the plot of the Selling And Marketing Expenses of Mitek Systems over the last few years. It is Mitek Systems' Selling And Marketing Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Selling And Marketing Expenses10 Years Trend
Slightly volatile
   Selling And Marketing Expenses   
       Timeline  

Mitek Selling And Marketing Expenses Regression Statistics

Arithmetic Mean149,678,507
Geometric Mean22,941,256
Coefficient Of Variation331.39
Mean Deviation238,984,732
Median27,405,000
Standard Deviation496,013,112
Sample Variance246029T
Range1.9B
R-Value(0.41)
Mean Square Error220255.6T
R-Squared0.17
Significance0.13
Slope(45,555,448)
Total Sum of Squares3444406.1T

Mitek Selling And Marketing Expenses History

202433.2 M
202335 M
202138.8 M
202032.5 M
201927.6 M
201827.4 M
201721.7 M

About Mitek Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mitek Systems income statement, its balance sheet, and the statement of cash flows. Mitek Systems investors use historical funamental indicators, such as Mitek Systems's Selling And Marketing Expenses, to determine how well the company is positioned to perform in the future. Although Mitek Systems investors may use each financial statement separately, they are all related. The changes in Mitek Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mitek Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mitek Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mitek Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Selling And Marketing Expenses35 M33.2 M

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Additional Information and Resources on Investing in Mitek Stock

When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.17)
Revenue Per Share
3.565
Quarterly Revenue Growth
0.018
Return On Assets
(0)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.