Mitek Systems, Inc. (NASDAQ:MITK) Q4 2023 Earnings Call Transcript

Dave Lyle: I said in the prepared remarks, I talked a little bit about the capital allocation plan, the management team, Max and myself are working with our Board of Directors on a routine kind of basis to figure out what that capital allocation will look like going forward. We’re looking at all alternatives, which could include a buyback. But we haven’t specifically talked, I think, historically more than just that on our earnings call.

Allen Klee: Last question is, is it possible at some point as mobile identity grows that you might be able to break out the more metrics related to it, either the basics of profitability or certain KPIs?

Max Carnecchia: Dave’s in the chair here about 60 days, and he brings a lot of fresh thinking, a lot of new eyes and CFO at six other public companies before being here. I think you’ll see us definitely learn some new tricks from him. So the answer is yes. Let’s give him a chance to get a [sea legs] and kind of find his way around and start to put his fingerprint on things here, and stay tuned.

Operator: At this time, we will conclude our question-and-answer session. I’d like to turn the conference back over to Todd Kehrli for any closing remarks.

Todd Kehrli: Thank you, operator. Thank you, everyone, for joining our call today and for your continued support. As always, if you have any follow-up questions or I’d like to meet with management, please feel free to reach out to me, and I’ll set something up. Thanks for everything, and have a great day.

Operator: The conference has now concluded. Thank you for attending today’s presentation, and you may now disconnect.