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Side-by-side financial comparison of Amalgamated Financial Corp. (AMAL) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

Amalgamated Financial Corp. is the larger business by last-quarter revenue ($85.2M vs $44.2M, roughly 1.9× MITEK SYSTEMS INC). On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs 9.4%). Amalgamated Financial Corp. produced more free cash flow last quarter ($134.4M vs $6.6M). Over the past eight quarters, Amalgamated Financial Corp.'s revenue compounded faster (4.3% CAGR vs -2.9%).

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

Mitek Systems, Inc. is a software company that specializes in digital identity verification and mobile image processing using artificial intelligence. The company's software is used for depositing checks and opening bank accounts via mobile devices. It also verifies identity documents such as passports, ID cards, and driver's licenses by analyzing a selfie of an individual holding their ID, comparing their face to the photo on the document.

AMAL vs MITK — Head-to-Head

Bigger by revenue
AMAL
AMAL
1.9× larger
AMAL
$85.2M
$44.2M
MITK
Growing faster (revenue YoY)
MITK
MITK
+9.4% gap
MITK
18.8%
9.4%
AMAL
More free cash flow
AMAL
AMAL
$127.8M more FCF
AMAL
$134.4M
$6.6M
MITK
Faster 2-yr revenue CAGR
AMAL
AMAL
Annualised
AMAL
4.3%
-2.9%
MITK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMAL
AMAL
MITK
MITK
Revenue
$85.2M
$44.2M
Net Profit
$2.8M
Gross Margin
Operating Margin
39.0%
12.3%
Net Margin
6.3%
Revenue YoY
9.4%
18.8%
Net Profit YoY
160.1%
EPS (diluted)
$0.88
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMAL
AMAL
MITK
MITK
Q4 25
$85.2M
$44.2M
Q3 25
$85.6M
$44.8M
Q2 25
$80.9M
$45.7M
Q1 25
$77.0M
$51.9M
Q4 24
$77.9M
$37.3M
Q3 24
$81.0M
$43.2M
Q2 24
$78.5M
$45.0M
Q1 24
$78.3M
$47.0M
Net Profit
AMAL
AMAL
MITK
MITK
Q4 25
$2.8M
Q3 25
$26.8M
$1.9M
Q2 25
$26.0M
$2.4M
Q1 25
$25.0M
$9.2M
Q4 24
$-4.6M
Q3 24
$27.9M
$8.6M
Q2 24
$26.8M
$216.0K
Q1 24
$27.2M
$282.0K
Operating Margin
AMAL
AMAL
MITK
MITK
Q4 25
39.0%
12.3%
Q3 25
42.9%
10.5%
Q2 25
43.8%
8.3%
Q1 25
45.1%
21.9%
Q4 24
42.4%
-8.3%
Q3 24
47.2%
17.8%
Q2 24
45.6%
1.6%
Q1 24
49.2%
1.5%
Net Margin
AMAL
AMAL
MITK
MITK
Q4 25
6.3%
Q3 25
31.3%
4.2%
Q2 25
32.1%
5.2%
Q1 25
32.5%
17.6%
Q4 24
-12.4%
Q3 24
34.5%
19.8%
Q2 24
34.1%
0.5%
Q1 24
34.8%
0.6%
EPS (diluted)
AMAL
AMAL
MITK
MITK
Q4 25
$0.88
$0.06
Q3 25
$0.88
$0.04
Q2 25
$0.84
$0.05
Q1 25
$0.81
$0.20
Q4 24
$0.78
$-0.10
Q3 24
$0.90
$0.19
Q2 24
$0.87
$0.00
Q1 24
$0.89
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMAL
AMAL
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$291.2M
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$794.5M
$233.7M
Total Assets
$8.9B
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMAL
AMAL
MITK
MITK
Q4 25
$291.2M
$190.1M
Q3 25
$115.5M
$193.0M
Q2 25
$171.1M
$167.1M
Q1 25
$65.7M
$136.2M
Q4 24
$60.7M
$121.2M
Q3 24
$149.2M
$130.3M
Q2 24
$58.0M
$123.1M
Q1 24
$155.2M
$123.9M
Total Debt
AMAL
AMAL
MITK
MITK
Q4 25
$4.8M
Q3 25
$4.3M
Q2 25
Q1 25
Q4 24
Q3 24
$2.7M
Q2 24
Q1 24
Stockholders' Equity
AMAL
AMAL
MITK
MITK
Q4 25
$794.5M
$233.7M
Q3 25
$775.6M
$240.3M
Q2 25
$754.0M
$237.6M
Q1 25
$736.0M
$220.2M
Q4 24
$707.7M
$200.9M
Q3 24
$698.2M
$214.8M
Q2 24
$646.0M
$209.6M
Q1 24
$616.8M
$216.1M
Total Assets
AMAL
AMAL
MITK
MITK
Q4 25
$8.9B
$446.5M
Q3 25
$8.7B
$459.1M
Q2 25
$8.6B
$446.7M
Q1 25
$8.3B
$425.3M
Q4 24
$8.3B
$396.0M
Q3 24
$8.4B
$413.8M
Q2 24
$8.3B
$409.2M
Q1 24
$8.1B
$417.0M
Debt / Equity
AMAL
AMAL
MITK
MITK
Q4 25
0.02×
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMAL
AMAL
MITK
MITK
Operating Cash FlowLast quarter
$135.8M
$8.0M
Free Cash FlowOCF − Capex
$134.4M
$6.6M
FCF MarginFCF / Revenue
157.8%
14.9%
Capex IntensityCapex / Revenue
1.6%
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$229.4M
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMAL
AMAL
MITK
MITK
Q4 25
$135.8M
$8.0M
Q3 25
$39.5M
$19.5M
Q2 25
$24.9M
$21.6M
Q1 25
$34.2M
$13.7M
Q4 24
$124.1M
$565.0K
Q3 24
$35.8M
$21.1M
Q2 24
$28.0M
$13.0M
Q1 24
$31.3M
$7.1M
Free Cash Flow
AMAL
AMAL
MITK
MITK
Q4 25
$134.4M
$6.6M
Q3 25
$38.3M
$19.2M
Q2 25
$24.2M
$21.2M
Q1 25
$32.5M
$13.5M
Q4 24
$122.3M
$230.0K
Q3 24
$35.2M
$20.8M
Q2 24
$27.8M
$12.6M
Q1 24
$31.1M
$6.6M
FCF Margin
AMAL
AMAL
MITK
MITK
Q4 25
157.8%
14.9%
Q3 25
44.7%
42.9%
Q2 25
29.9%
46.5%
Q1 25
42.2%
26.0%
Q4 24
157.0%
0.6%
Q3 24
43.4%
48.2%
Q2 24
35.4%
27.9%
Q1 24
39.7%
14.0%
Capex Intensity
AMAL
AMAL
MITK
MITK
Q4 25
1.6%
3.2%
Q3 25
1.4%
0.6%
Q2 25
0.9%
0.7%
Q1 25
2.3%
0.4%
Q4 24
2.3%
0.9%
Q3 24
0.7%
0.7%
Q2 24
0.3%
1.0%
Q1 24
0.3%
1.0%
Cash Conversion
AMAL
AMAL
MITK
MITK
Q4 25
2.89×
Q3 25
1.47×
10.46×
Q2 25
0.96×
9.00×
Q1 25
1.37×
1.50×
Q4 24
Q3 24
1.28×
2.46×
Q2 24
1.05×
60.12×
Q1 24
1.15×
25.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMAL
AMAL

Segment breakdown not available.

MITK
MITK

Fraud And Identity Solutions$25.5M58%
License$13.9M31%
Fraud And Identity Solutions Software License And Support$3.9M9%
Professional Services And Other$1.2M3%

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