Mitek Systems vs Meridian Holdings
Mitek Systems and Meridian Holdings are similar in size: $180m and $183m of revenue in their latest fiscal years. Meridian Holdings grew faster (21.0% against 4.4%). Mitek Systems kept more of each dollar of sales as profit: a net margin of 4.9% against -50.3%.
| Latest fiscal year | Mitek SystemsMITK, 2025 | Meridian HoldingsMRDN, 2025 |
|---|---|---|
| Revenue | $180m | $183m |
| Revenue growth | 4.4% | 21.0% |
| Net income | $8.8m | −$92.0m |
| Operating margin | 9.3% | — |
| Net margin | 4.9% | -50.3% |
| Return on equity | 3.9% | -121.3% |
| Free cash flow | $54.2m | $19.2m |
| Cash | $154m | $18.1m |
| Total debt | $152m | $17.2m |
| Debt to equity | 63.4% | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | $4.7m | $3.0m |
| Employees | 595 | — |
| Market value | $821m | $122m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 50 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 3 sales | 4 buys, 39 sales |