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Side-by-side financial comparison of MITEK SYSTEMS INC (MITK) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

RCI HOSPITALITY HOLDINGS, INC. is the larger business by last-quarter revenue ($70.9M vs $44.2M, roughly 1.6× MITEK SYSTEMS INC). MITEK SYSTEMS INC runs the higher net margin — 6.3% vs -7.8%, a 14.0% gap on every dollar of revenue. On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs -3.1%). RCI HOSPITALITY HOLDINGS, INC. produced more free cash flow last quarter ($11.5M vs $6.6M). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% CAGR vs -2.9%).

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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

MITK vs RICK — Head-to-Head

Bigger by revenue
RICK
RICK
1.6× larger
RICK
$70.9M
$44.2M
MITK
Growing faster (revenue YoY)
MITK
MITK
+21.9% gap
MITK
18.8%
-3.1%
RICK
Higher net margin
MITK
MITK
14.0% more per $
MITK
6.3%
-7.8%
RICK
More free cash flow
RICK
RICK
$4.9M more FCF
RICK
$11.5M
$6.6M
MITK
Faster 2-yr revenue CAGR
RICK
RICK
Annualised
RICK
-2.0%
-2.9%
MITK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MITK
MITK
RICK
RICK
Revenue
$44.2M
$70.9M
Net Profit
$2.8M
$-5.5M
Gross Margin
Operating Margin
12.3%
-0.7%
Net Margin
6.3%
-7.8%
Revenue YoY
18.8%
-3.1%
Net Profit YoY
160.1%
-2354.9%
EPS (diluted)
$0.06
$-0.60

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
MITK
MITK
RICK
RICK
Q4 25
$44.2M
Q3 25
$44.8M
$70.9M
Q2 25
$45.7M
$71.1M
Q1 25
$51.9M
$65.9M
Q4 24
$37.3M
$71.5M
Q3 24
$43.2M
$73.2M
Q2 24
$45.0M
$76.2M
Q1 24
$47.0M
$72.3M
Net Profit
MITK
MITK
RICK
RICK
Q4 25
$2.8M
Q3 25
$1.9M
$-5.5M
Q2 25
$2.4M
$4.1M
Q1 25
$9.2M
$3.2M
Q4 24
$-4.6M
$9.0M
Q3 24
$8.6M
$244.0K
Q2 24
$216.0K
$-5.2M
Q1 24
$282.0K
$774.0K
Operating Margin
MITK
MITK
RICK
RICK
Q4 25
12.3%
Q3 25
10.5%
-0.7%
Q2 25
8.3%
12.2%
Q1 25
21.9%
12.4%
Q4 24
-8.3%
19.5%
Q3 24
17.8%
4.8%
Q2 24
1.6%
-3.3%
Q1 24
1.5%
6.4%
Net Margin
MITK
MITK
RICK
RICK
Q4 25
6.3%
Q3 25
4.2%
-7.8%
Q2 25
5.2%
5.7%
Q1 25
17.6%
4.9%
Q4 24
-12.4%
12.6%
Q3 24
19.8%
0.3%
Q2 24
0.5%
-6.9%
Q1 24
0.6%
1.1%
EPS (diluted)
MITK
MITK
RICK
RICK
Q4 25
$0.06
Q3 25
$0.04
$-0.60
Q2 25
$0.05
$0.46
Q1 25
$0.20
$0.36
Q4 24
$-0.10
$1.01
Q3 24
$0.19
$0.04
Q2 24
$0.00
$-0.56
Q1 24
$0.01
$0.08

Balance Sheet & Financial Strength

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

Metric
MITK
MITK
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$190.1M
$33.7M
Total DebtLower is stronger
$4.8M
$238.2M
Stockholders' EquityBook value
$233.7M
$261.1M
Total Assets
$446.5M
$596.9M
Debt / EquityLower = less leverage
0.02×
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MITK
MITK
RICK
RICK
Q4 25
$190.1M
Q3 25
$193.0M
$33.7M
Q2 25
$167.1M
$29.3M
Q1 25
$136.2M
$32.7M
Q4 24
$121.2M
$34.7M
Q3 24
$130.3M
$32.4M
Q2 24
$123.1M
$34.9M
Q1 24
$123.9M
$20.0M
Total Debt
MITK
MITK
RICK
RICK
Q4 25
$4.8M
Q3 25
$4.3M
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$2.7M
$241.1M
Q2 24
Q1 24
Stockholders' Equity
MITK
MITK
RICK
RICK
Q4 25
$233.7M
Q3 25
$240.3M
$261.1M
Q2 25
$237.6M
$269.5M
Q1 25
$220.2M
$268.8M
Q4 24
$200.9M
$269.0M
Q3 24
$214.8M
$263.4M
Q2 24
$209.6M
$271.2M
Q1 24
$216.1M
$285.8M
Total Assets
MITK
MITK
RICK
RICK
Q4 25
$446.5M
Q3 25
$459.1M
$596.9M
Q2 25
$446.7M
$597.4M
Q1 25
$425.3M
$589.8M
Q4 24
$396.0M
$586.2M
Q3 24
$413.8M
$584.4M
Q2 24
$409.2M
$601.0M
Q1 24
$417.0M
$609.9M
Debt / Equity
MITK
MITK
RICK
RICK
Q4 25
0.02×
Q3 25
0.02×
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.01×
0.92×
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
MITK
MITK
RICK
RICK
Operating Cash FlowLast quarter
$8.0M
$13.7M
Free Cash FlowOCF − Capex
$6.6M
$11.5M
FCF MarginFCF / Revenue
14.9%
16.2%
Capex IntensityCapex / Revenue
3.2%
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$60.5M
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MITK
MITK
RICK
RICK
Q4 25
$8.0M
Q3 25
$19.5M
$13.7M
Q2 25
$21.6M
$13.8M
Q1 25
$13.7M
$8.5M
Q4 24
$565.0K
$13.3M
Q3 24
$21.1M
$15.7M
Q2 24
$13.0M
$15.8M
Q1 24
$7.1M
$10.8M
Free Cash Flow
MITK
MITK
RICK
RICK
Q4 25
$6.6M
Q3 25
$19.2M
$11.5M
Q2 25
$21.2M
$10.1M
Q1 25
$13.5M
$5.7M
Q4 24
$230.0K
$7.6M
Q3 24
$20.8M
$10.3M
Q2 24
$12.6M
$9.3M
Q1 24
$6.6M
$3.2M
FCF Margin
MITK
MITK
RICK
RICK
Q4 25
14.9%
Q3 25
42.9%
16.2%
Q2 25
46.5%
14.2%
Q1 25
26.0%
8.6%
Q4 24
0.6%
10.6%
Q3 24
48.2%
14.0%
Q2 24
27.9%
12.3%
Q1 24
14.0%
4.4%
Capex Intensity
MITK
MITK
RICK
RICK
Q4 25
3.2%
Q3 25
0.6%
3.2%
Q2 25
0.7%
5.2%
Q1 25
0.4%
4.3%
Q4 24
0.9%
8.0%
Q3 24
0.7%
7.3%
Q2 24
1.0%
8.4%
Q1 24
1.0%
10.6%
Cash Conversion
MITK
MITK
RICK
RICK
Q4 25
2.89×
Q3 25
10.46×
Q2 25
9.00×
3.40×
Q1 25
1.50×
2.65×
Q4 24
1.48×
Q3 24
2.46×
64.14×
Q2 24
60.12×
Q1 24
25.05×
14.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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