Mitek Systems vs Soundhound AI
Mitek Systems and Soundhound AI are similar in size: $180m and $169m of revenue in their latest fiscal years. Soundhound AI grew faster (99.4% against 4.4%). Mitek Systems kept more of each dollar of sales as profit: a net margin of 4.9% against -8.3%. Soundhound AI carries less debt relative to equity (0.0% against 63.4%).
| Latest fiscal year | Mitek SystemsMITK, 2025 | Soundhound AISOUN, 2025 |
|---|---|---|
| Revenue | $180m | $169m |
| Revenue growth | 4.4% | 99.4% |
| Net income | $8.8m | −$14.0m |
| Operating margin | 9.3% | -13.8% |
| Net margin | 4.9% | -8.3% |
| Return on equity | 3.9% | -4.3% |
| Free cash flow | $54.2m | −$99.1m |
| Cash | $154m | $248m |
| Total debt | $152m | $0 |
| Debt to equity | 63.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $4.7m | — |
| Employees | 595 | 954 |
| Market value | $821m | $1.82bn |
| Price vs our value range | Within our value range | — |
| Moat score | 50 (Moderate) | 13 (Weak) |
| Insider trades, 12 months | 0 buys, 3 sales | 0 buys, 29 sales |