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Side-by-side financial comparison of Elme Communities (ELME) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

Elme Communities is the larger business by last-quarter revenue ($62.1M vs $44.2M, roughly 1.4× MITEK SYSTEMS INC). MITEK SYSTEMS INC runs the higher net margin — 6.3% vs -198.9%, a 205.2% gap on every dollar of revenue. On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs 1.7%). Elme Communities produced more free cash flow last quarter ($7.2M vs $6.6M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -2.9%).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

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.

ELME vs MITK — Head-to-Head

Bigger by revenue
ELME
ELME
1.4× larger
ELME
$62.1M
$44.2M
MITK
Growing faster (revenue YoY)
MITK
MITK
+17.0% gap
MITK
18.8%
1.7%
ELME
Higher net margin
MITK
MITK
205.2% more per $
MITK
6.3%
-198.9%
ELME
More free cash flow
ELME
ELME
$636.0K more FCF
ELME
$7.2M
$6.6M
MITK
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
-2.9%
MITK

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ELME
ELME
MITK
MITK
Revenue
$62.1M
$44.2M
Net Profit
$-123.5M
$2.8M
Gross Margin
61.1%
Operating Margin
-183.3%
12.3%
Net Margin
-198.9%
6.3%
Revenue YoY
1.7%
18.8%
Net Profit YoY
-4058.7%
160.1%
EPS (diluted)
$-1.40
$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
ELME
ELME
MITK
MITK
Q4 25
$44.2M
Q3 25
$62.1M
$44.8M
Q2 25
$62.1M
$45.7M
Q1 25
$61.5M
$51.9M
Q4 24
$61.3M
$37.3M
Q3 24
$61.1M
$43.2M
Q2 24
$60.1M
$45.0M
Q1 24
$59.5M
$47.0M
Net Profit
ELME
ELME
MITK
MITK
Q4 25
$2.8M
Q3 25
$-123.5M
$1.9M
Q2 25
$-3.6M
$2.4M
Q1 25
$-4.7M
$9.2M
Q4 24
$-3.0M
$-4.6M
Q3 24
$-3.0M
$8.6M
Q2 24
$-3.5M
$216.0K
Q1 24
$-3.6M
$282.0K
Gross Margin
ELME
ELME
MITK
MITK
Q4 25
Q3 25
61.1%
Q2 25
63.5%
Q1 25
64.2%
Q4 24
62.9%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
ELME
ELME
MITK
MITK
Q4 25
12.3%
Q3 25
-183.3%
10.5%
Q2 25
9.6%
8.3%
Q1 25
7.8%
21.9%
Q4 24
10.4%
-8.3%
Q3 24
11.0%
17.8%
Q2 24
9.8%
1.6%
Q1 24
7.5%
1.5%
Net Margin
ELME
ELME
MITK
MITK
Q4 25
6.3%
Q3 25
-198.9%
4.2%
Q2 25
-5.7%
5.2%
Q1 25
-7.6%
17.6%
Q4 24
-4.9%
-12.4%
Q3 24
-4.9%
19.8%
Q2 24
-5.8%
0.5%
Q1 24
-6.1%
0.6%
EPS (diluted)
ELME
ELME
MITK
MITK
Q4 25
$0.06
Q3 25
$-1.40
$0.04
Q2 25
$-0.04
$0.05
Q1 25
$-0.05
$0.20
Q4 24
$-0.04
$-0.10
Q3 24
$-0.03
$0.19
Q2 24
$-0.04
$0.00
Q1 24
$-0.04
$0.01

Balance Sheet & Financial Strength

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

Metric
ELME
ELME
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$7.1M
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$908.9M
$233.7M
Total Assets
$1.7B
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
MITK
MITK
Q4 25
$190.1M
Q3 25
$7.1M
$193.0M
Q2 25
$4.8M
$167.1M
Q1 25
$6.4M
$136.2M
Q4 24
$6.1M
$121.2M
Q3 24
$4.8M
$130.3M
Q2 24
$5.6M
$123.1M
Q1 24
$4.2M
$123.9M
Total Debt
ELME
ELME
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
ELME
ELME
MITK
MITK
Q4 25
$233.7M
Q3 25
$908.9M
$240.3M
Q2 25
$1.0B
$237.6M
Q1 25
$1.1B
$220.2M
Q4 24
$1.1B
$200.9M
Q3 24
$1.1B
$214.8M
Q2 24
$1.1B
$209.6M
Q1 24
$1.1B
$216.1M
Total Assets
ELME
ELME
MITK
MITK
Q4 25
$446.5M
Q3 25
$1.7B
$459.1M
Q2 25
$1.8B
$446.7M
Q1 25
$1.8B
$425.3M
Q4 24
$1.8B
$396.0M
Q3 24
$1.9B
$413.8M
Q2 24
$1.9B
$409.2M
Q1 24
$1.9B
$417.0M
Debt / Equity
ELME
ELME
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
ELME
ELME
MITK
MITK
Operating Cash FlowLast quarter
$15.9M
$8.0M
Free Cash FlowOCF − Capex
$7.2M
$6.6M
FCF MarginFCF / Revenue
11.6%
14.9%
Capex IntensityCapex / Revenue
14.0%
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$86.7M
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
MITK
MITK
Q4 25
$8.0M
Q3 25
$15.9M
$19.5M
Q2 25
$29.8M
$21.6M
Q1 25
$16.2M
$13.7M
Q4 24
$95.2M
$565.0K
Q3 24
$20.7M
$21.1M
Q2 24
$28.9M
$13.0M
Q1 24
$21.2M
$7.1M
Free Cash Flow
ELME
ELME
MITK
MITK
Q4 25
$6.6M
Q3 25
$7.2M
$19.2M
Q2 25
$21.1M
$21.2M
Q1 25
$10.5M
$13.5M
Q4 24
$47.9M
$230.0K
Q3 24
$8.8M
$20.8M
Q2 24
$21.0M
$12.6M
Q1 24
$7.6M
$6.6M
FCF Margin
ELME
ELME
MITK
MITK
Q4 25
14.9%
Q3 25
11.6%
42.9%
Q2 25
34.1%
46.5%
Q1 25
17.1%
26.0%
Q4 24
78.1%
0.6%
Q3 24
14.4%
48.2%
Q2 24
34.9%
27.9%
Q1 24
12.8%
14.0%
Capex Intensity
ELME
ELME
MITK
MITK
Q4 25
3.2%
Q3 25
14.0%
0.6%
Q2 25
14.0%
0.7%
Q1 25
9.2%
0.4%
Q4 24
77.4%
0.9%
Q3 24
19.4%
0.7%
Q2 24
13.1%
1.0%
Q1 24
22.9%
1.0%
Cash Conversion
ELME
ELME
MITK
MITK
Q4 25
2.89×
Q3 25
10.46×
Q2 25
9.00×
Q1 25
1.50×
Q4 24
Q3 24
2.46×
Q2 24
60.12×
Q1 24
25.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

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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