Reviewing CounterPath Corporation (CPAH)’s and Mitek Systems Inc. (NASDAQ:MITK)’s results

We are contrasting CounterPath Corporation (NASDAQ:CPAH) and Mitek Systems Inc. (NASDAQ:MITK) on their institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation. They both are Application Software companies, competing one another.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
CounterPath Corporation 10.69M 0.85 5.58M -0.90 0.00
Mitek Systems Inc. 74.81M 5.57 8.82M -0.24 0.00

In table 1 we can see CounterPath Corporation and Mitek Systems Inc.’s top-line revenue, earnings per share (EPS) and valuation.

Profitability

Table 2 provides the return on equity, net margins and return on assets of the two firms.

Net Margins Return on Equity Return on Assets
CounterPath Corporation -52.20% -67.9% -40.6%
Mitek Systems Inc. -11.79% -10.3% -7.9%

Volatility & Risk

A 1.14 beta indicates that CounterPath Corporation is 14.00% more volatile compared to S&P 500. Mitek Systems Inc. has a -0.4 beta and it is 140.00% less volatile than S&P 500.

Liquidity

CounterPath Corporation’s Current Ratio and Quick Ratio are 0.8 and 0.8 respectively. The Current Ratio and Quick Ratio of its competitor Mitek Systems Inc. are 1.9 and 1.9 respectively. Mitek Systems Inc. therefore has a better chance of paying off short and long-term obligations compared to CounterPath Corporation.

Analyst Ratings

The following table delivered below contains the ratings and recommendations for CounterPath Corporation and Mitek Systems Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
CounterPath Corporation 0 0 0 0.00
Mitek Systems Inc. 0 0 2 3.00

Competitively the average target price of Mitek Systems Inc. is $14.25, which is potential 36.23% upside.

Institutional and Insider Ownership

CounterPath Corporation and Mitek Systems Inc. has shares owned by institutional investors as follows: 5.8% and 57.2%. About 3.7% of CounterPath Corporation’s share are owned by insiders. Competitively, insiders own roughly 5.9% of Mitek Systems Inc.’s shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
CounterPath Corporation -1.23% 11.27% -28.41% -29.52% -57.45% 33.52%
Mitek Systems Inc. 0.93% -1.9% 12.83% 51.33% 47.21% 0.09%

For the past year CounterPath Corporation has stronger performance than Mitek Systems Inc.

Summary

On 9 of the 11 factors Mitek Systems Inc. beats CounterPath Corporation.

CounterPath Corporation designs, develops, markets, and sells software applications and related services in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The companyÂ’s software applications and related services enable enterprises and telecommunication service providers to deliver voice, video, and messaging and collaboration functionality over their Internet protocol and based networks. Its products include Bria softphone suite, which enables consumers and business users to make voice over Internet protocol (VoIP) audio and video calls, send instant messages, manage their presence, share their screen, and collaborate with other users using desktop computers and laptops, smartphones, and tablets; and X-Lite, a standards-based VoIP softphone application that runs on desktop computers. The company also offers software development kits that deliver voice, video, and messaging capabilities for desktop, tablet, and mobile devices; Stretto Platform, a carrier-grade software platform for enterprises and service providers to deploy, configure, upgrade, and manage their Bria softphones; and Bria X, a subscription service, which delivers centralized provisioning, messaging, and screen sharing from the cloud, as well as cloud solutions. In addition, it provides professional and other services, such as pre and post sales, technical support, and customization services, as well as support and maintenance services. The company sells its products and services through its own and third-party online stores; and directly using its in-house sales team, as well as through its channel partners. It serves small, medium, and large sized businesses; telecommunications service providers and Internet telephony service providers; original equipment manufacturers, value added distributors, and value added resellers serving the telecommunication market; and end users. CounterPath Corporation was founded in 2002 and is headquartered in Vancouver, Canada.

Mitek Systems, Inc. develops, markets, and sells mobile capture and identity verification software solutions for enterprise customers worldwide. The company applies its patented technology in image capture, correction, and intelligent data extraction in the mobile financial and business services markets. Its technology allows users to remotely deposit checks, open accounts, get insurance quotes, and pay bills, as well as verify their identity by taking pictures of various documents with their camera-equipped smartphones and tablets instead of using the device keyboard. The company offers Mobile Fill to pre-fill forms with personal data by simply snapping a picture of the consumerÂ’s driver license, credit card, or other document; Mobile Verify, an identity verification solution that can be integrated into mobile apps, mobile Websites, and desktop applications; and Mobile Docs, a mobile document scanning solution. It also provides Mobile Deposit, a software that allows users to remotely deposit a check using their camera-equipped smartphones or tablets; and Commercial Mobile Deposit Capture product that integrates the same core technology as Mobile Deposit with additional capabilities specific to small and medium size businesses. The company markets and sells its solutions primarily to financial services, such as banks, credit unions, lenders, payments processers, card issuers, insurers, etc. through direct sales teams and channel partners. Mitek Systems, Inc. was founded in 1983 and is headquartered in San Diego, California.

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