Onfido stock price, funding rounds, valuation and financials

Onfido has raised $216.05 m in total funding. Onfido annual revenue was £45.41 m in FY 2020

£45.4 M

Onfido Revenue FY, 2020
Onfido Gross profit (FY, 2020)33.3 M
Onfido Gross profit margin (FY, 2020), %73.2%
Onfido Net income (FY, 2020)-33 M
Onfido EBIT (FY, 2020)-34.8 M
Onfido Cash, 31-Dec-202087.1 M
Get notified regarding key financial metrics and revenue changes at OnfidoLearn more
Banner background

Onfido Revenue

Onfido revenue was £45.41 m in FY, 2020

Embed Graph

Onfido Funding

Summary Metrics

Founding Date

2012

Onfido total Funding

$216 m

Onfido latest funding size

$6.55 m

Time since last funding

2 years ago

Onfido investors

Onfido's latest funding round in August 2020 was reported to be $6.5 m. In total, Onfido has raised $216 m

Onfido Capital Raised

Embed Graph

Onfido Revenue Breakdown

Embed Graph

Onfido revenue breakdown by geographic segment: 74.5% from UK, 22.2% from United States and 3.3% from Other

Onfido Income Statement

Annual

GBPFY, 2018FY, 2019FY, 2020

Revenue

18.6m27.6m45.4m

Revenue growth, %

135%48%

Cost of goods sold

9.7m8.6m12.2m

Gross profit

8.9m18.9m33.3m

Gross profit Margin, %

48%69%73%

General and administrative expense

26.5m46.0m68.1m

Operating expense total

26.9m46.6m69.1m

Depreciation and amortization

347.8k620.0k954.0k

EBIT

(17.3m)(26.5m)(34.8m)

EBIT margin, %

(93%)(96%)(77%)

Interest income

22.2k118.4k

Pre tax profit

(17.3m)(26.5m)(34.7m)

Income tax expense

141.0k(386.7k)1.7m

Net Income

(17.4m)(26.1m)(33.0m)

Onfido Balance Sheet

Annual

GBPFY, 2018FY, 2019FY, 2020

Cash

23.9m15.6m87.1m

Accounts Receivable

3.8m7.2m12.6m

Prepaid Expenses

856.9k1.5m2.1m

Current Assets

29.3m25.6m104.7m

PP&E

1.2m1.3m1.1m

Total Assets

30.5m26.9m105.9m

Accounts Payable

943.0k370.6k3.6m

Short-term debt

18.9m

Current Liabilities

8.3m36.4m37.4m

Long-term debt

9.4m

Non-Current Liabilities

9.4m

Total Debt

9.4m18.9m

Total Liabilities

17.7m36.4m37.4m

Common Stock

49.050.072.0

Additional Paid-in Capital

45.3m46.1m152.2m

Retained Earnings

(33.9m)(60.0m)(93.1m)

Total Equity

12.8m(9.5m)68.5m

Debt to Equity Ratio

0.7 x-2 x

Debt to Assets Ratio

0.3 x0.7 x

Financial Leverage

2.4 x-2.8 x1.5 x

Onfido Cash Flow

Annual

GBPFY, 2018FY, 2019FY, 2020

Net Income

(1.7m)(26.1m)(33.0m)

Depreciation and Amortization

347.8k619.1k954.0k

Accounts Receivable

(2.8m)(4.2m)(6.0m)

Accounts Payable

6.4m9.1m15.0m

Cash From Operating Activities

(11.7m)(13.5m)(19.2m)

Purchases of PP&E

(1.3m)(688.3k)(736.0k)

Cash From Investing Activities

(1.3m)(688.3k)(961.8k)

Cash From Financing Activities

22.8m5.9m91.6m

Net Change in Cash

9.8m(8.3m)71.5m

Income Taxes Paid

(141.0k)386.7k1.7m

Onfido Ratios

GBPFY, 2018

Revenue/Employee

92.4k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x

Onfido Operating Metrics

Onfido's Enterprise Customers was reported to be 1.5 k in Nov, 2020.
Sep, 2017Apr, 2020Nov, 2020

Countries

60

Enterprise Customers

1.5 k1.5 k

Industries Served

7

Patent Applications (US)

4

Trademark Applications

1

Trademarks (US)

2

Onfido Employee Rating

3.8176 votes
Culture & Values
4.3
Work/Life Balance
4.2
Senior Management
4.1
Salary & Benefits
3.8
Career Opportunities
4.1
Source