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Side-by-side financial comparison of Gorilla Technology Group Inc. (GRRR) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

MITEK SYSTEMS INC is the larger business by last-quarter revenue ($44.2M vs $39.3M, roughly 1.1× Gorilla Technology Group Inc.). MITEK SYSTEMS INC runs the higher net margin — 6.3% vs -21.6%, a 27.9% gap on every dollar of revenue. On growth, Gorilla Technology Group Inc. posted the faster year-over-year revenue change (90.2% vs 18.8%). MITEK SYSTEMS INC produced more free cash flow last quarter ($6.6M vs $-12.8M).

Gorilla Technology Group Inc. is a global AI technology solutions provider specializing in intelligent video analytics, smart city platforms, and cybersecurity products. It caters to government agencies, enterprise clients, and commercial partners across Asia Pacific, North America, and Europe, delivering scalable tools to boost operational efficiency and security for diverse industry use cases.

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.

GRRR vs MITK — Head-to-Head

Bigger by revenue
MITK
MITK
1.1× larger
MITK
$44.2M
$39.3M
GRRR
Growing faster (revenue YoY)
GRRR
GRRR
+71.4% gap
GRRR
90.2%
18.8%
MITK
Higher net margin
MITK
MITK
27.9% more per $
MITK
6.3%
-21.6%
GRRR
More free cash flow
MITK
MITK
$19.4M more FCF
MITK
$6.6M
$-12.8M
GRRR

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
GRRR
GRRR
MITK
MITK
Revenue
$39.3M
$44.2M
Net Profit
$-8.5M
$2.8M
Gross Margin
34.2%
Operating Margin
-23.1%
12.3%
Net Margin
-21.6%
6.3%
Revenue YoY
90.2%
18.8%
Net Profit YoY
-627.6%
160.1%
EPS (diluted)
$-0.43
$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
GRRR
GRRR
MITK
MITK
Q4 25
$44.2M
Q3 25
$44.8M
Q2 25
$39.3M
$45.7M
Q1 25
$51.9M
Q4 24
$37.3M
Q3 24
$43.2M
Q2 24
$20.7M
$45.0M
Q1 24
$47.0M
Net Profit
GRRR
GRRR
MITK
MITK
Q4 25
$2.8M
Q3 25
$1.9M
Q2 25
$-8.5M
$2.4M
Q1 25
$9.2M
Q4 24
$-4.6M
Q3 24
$8.6M
Q2 24
$1.6M
$216.0K
Q1 24
$282.0K
Gross Margin
GRRR
GRRR
MITK
MITK
Q4 25
Q3 25
Q2 25
34.2%
Q1 25
Q4 24
Q3 24
Q2 24
85.5%
Q1 24
Operating Margin
GRRR
GRRR
MITK
MITK
Q4 25
12.3%
Q3 25
10.5%
Q2 25
-23.1%
8.3%
Q1 25
21.9%
Q4 24
-8.3%
Q3 24
17.8%
Q2 24
8.6%
1.6%
Q1 24
1.5%
Net Margin
GRRR
GRRR
MITK
MITK
Q4 25
6.3%
Q3 25
4.2%
Q2 25
-21.6%
5.2%
Q1 25
17.6%
Q4 24
-12.4%
Q3 24
19.8%
Q2 24
7.8%
0.5%
Q1 24
0.6%
EPS (diluted)
GRRR
GRRR
MITK
MITK
Q4 25
$0.06
Q3 25
$0.04
Q2 25
$-0.43
$0.05
Q1 25
$0.20
Q4 24
$-0.10
Q3 24
$0.19
Q2 24
$0.15
$0.00
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
GRRR
GRRR
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$10.1M
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$98.2M
$233.7M
Total Assets
$162.7M
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRRR
GRRR
MITK
MITK
Q4 25
$190.1M
Q3 25
$193.0M
Q2 25
$10.1M
$167.1M
Q1 25
$136.2M
Q4 24
$121.2M
Q3 24
$130.3M
Q2 24
$11.2M
$123.1M
Q1 24
$123.9M
Total Debt
GRRR
GRRR
MITK
MITK
Q4 25
$4.8M
Q3 25
$4.3M
Q2 25
Q1 25
Q4 24
Q3 24
$2.7M
Q2 24
$7.4M
Q1 24
Stockholders' Equity
GRRR
GRRR
MITK
MITK
Q4 25
$233.7M
Q3 25
$240.3M
Q2 25
$98.2M
$237.6M
Q1 25
$220.2M
Q4 24
$200.9M
Q3 24
$214.8M
Q2 24
$72.1M
$209.6M
Q1 24
$216.1M
Total Assets
GRRR
GRRR
MITK
MITK
Q4 25
$446.5M
Q3 25
$459.1M
Q2 25
$162.7M
$446.7M
Q1 25
$425.3M
Q4 24
$396.0M
Q3 24
$413.8M
Q2 24
$133.1M
$409.2M
Q1 24
$417.0M
Debt / Equity
GRRR
GRRR
MITK
MITK
Q4 25
0.02×
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
0.10×
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
GRRR
GRRR
MITK
MITK
Operating Cash FlowLast quarter
$-12.5M
$8.0M
Free Cash FlowOCF − Capex
$-12.8M
$6.6M
FCF MarginFCF / Revenue
-32.7%
14.9%
Capex IntensityCapex / Revenue
0.8%
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRRR
GRRR
MITK
MITK
Q4 25
$8.0M
Q3 25
$19.5M
Q2 25
$-12.5M
$21.6M
Q1 25
$13.7M
Q4 24
$565.0K
Q3 24
$21.1M
Q2 24
$-11.3M
$13.0M
Q1 24
$7.1M
Free Cash Flow
GRRR
GRRR
MITK
MITK
Q4 25
$6.6M
Q3 25
$19.2M
Q2 25
$-12.8M
$21.2M
Q1 25
$13.5M
Q4 24
$230.0K
Q3 24
$20.8M
Q2 24
$-11.6M
$12.6M
Q1 24
$6.6M
FCF Margin
GRRR
GRRR
MITK
MITK
Q4 25
14.9%
Q3 25
42.9%
Q2 25
-32.7%
46.5%
Q1 25
26.0%
Q4 24
0.6%
Q3 24
48.2%
Q2 24
-56.2%
27.9%
Q1 24
14.0%
Capex Intensity
GRRR
GRRR
MITK
MITK
Q4 25
3.2%
Q3 25
0.6%
Q2 25
0.8%
0.7%
Q1 25
0.4%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
1.8%
1.0%
Q1 24
1.0%
Cash Conversion
GRRR
GRRR
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
-6.99×
60.12×
Q1 24
25.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRRR
GRRR

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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