Mitek Systems: Shift Away From License Sales Pressuring Margin

Group 1 - Mitek Systems (MITK) is transitioning from a perpetual license model to a Software as a Service (SaaS) model, which is causing some gross margin and sales pressures [2] - There are long-term expectations of declines in checks as part of this transition [2] - The Valkyrie Trading Society is a team of analysts focused on high conviction and obscure developed market ideas, aiming for downside-limited and non-correlated returns in the current economic environment [2] Group 2 - The Value Lab is an investment group that focuses on long-only value ideas, targeting a portfolio yield of about 4% [1] - The Value Lab has performed well over the last five years by engaging in international markets [1] - Members of The Value Lab receive real-time updates, 24/7 chat support, regular market news reports, feedback on stock ideas, monthly new trades, quarterly earnings write-ups, and daily macro opinions [2]