Updated
The most significant concentration Mitek Systems discloses is mobile imaging technology and software products, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Mitek Systems’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1A: 'We currently derive substantially all of our revenue from license sales and services provided with our software products to customers incorporating our intelligent mobile imaging technology and software products.'”
Mitek's disclosed concentration is a product-line one: the company derives substantially all of its revenue from license sales and services tied to its intelligent mobile imaging technology and software products, a high-size structural exposure. This means Mitek's results are effectively a single bet on continued demand for mobile-imaging-based identity verification and related software, rather than a diversified mix of unrelated product lines — a shift in competitive dynamics, technology standards, or customer adoption in this one category would flow directly through to the whole business. Because this is a structural, product-mix concentration rather than a dependency on any single customer, supplier, or geography, the risk is more about the durability of the underlying market and Mitek's competitive position within it than about the loss of any one counterparty. No other concentration claims are disclosed in the reviewed sources, which means this single product-focus exposure is the primary lens through which to read the rest of the filing: the investment case rises or falls largely with the mobile-imaging software category itself.
For the engine’s reasoning on MITK’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| ADEA | Adeia Inc. | 1 | 0 | 0 | 1 |
| MITK● | Mitek Systems, Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.