NASDAQ: MITK Mitek Systems, Inc. Financial Highlights & Outlook Fiscal Q1 2026 February 2026 ©2026 Mitek Systems Inc. All rights reserved Safe Harbor Statement Forward-looking statements contained in this presentation involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause our results to differ materially and adversely from those expressed or implied by such forward-looking statements. Forward- looking statements may include but are not limited ...

Financial Performance & Growth - Mitek's LTM revenue reached $180 million, a 4% year-over-year increase[11] - Fraud & Identity Solutions revenue grew by 15% year-over-year, reaching $90 million and representing 50% of total revenue[11, 43] - SaaS revenue increased by 21% in FY25, reaching $77 million and accounting for 43% of total revenue[11, 37, 43] - Adjusted EBITDA reached $54 million, with a margin of approximately 30%[11, 39, 43] - Free cash flow was $54 million, representing a 100% conversion of Adjusted EBITDA[11, 40, 43] Strategic Positioning & Market - Check Fraud Defender ACV grew by approximately 50% year-over-year[38] - Mitek has a net cash position of $40 million[11, 40, 43] - The company estimates the FY26 total revenue to be between $185 million and $195 million, representing approximately 55% year-over-year growth[13, 78] - The company estimates the FY26 Fraud & Identity Solutions revenue to be between $101 million and $105 million, representing approximately 15% year-over-year growth[78]