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

Onfido revenue was £45.41 m in FY, 2020

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Founding Date	2012
Onfido total Funding	$216 m
Onfido latest funding size	$6.55 m
Time since last funding	2 years ago
Onfido investors	Wellington Partners, CrunchFund, TPG Growth, Idinvest Partners, Salesforce Ventures, Brent Hoberman, Microsoft Ventures, Nicolas Brusson, Softbank, Greg Marsh, Plug and Play, Crane Venture Partners, TempoCap, M12, Augmentum Fintech, Fin Venture Capital, Banking Competition Remedies Ltd

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

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

GBP	FY, 2018	FY, 2019	FY, 2020
Revenue	18.6m	27.6m	45.4m
Revenue growth, %	135%	48%
Cost of goods sold	9.7m	8.6m	12.2m
Gross profit	8.9m	18.9m	33.3m
Gross profit Margin, %	48%	69%	73%
General and administrative expense	26.5m	46.0m	68.1m
Operating expense total	26.9m	46.6m	69.1m
Depreciation and amortization	347.8k	620.0k	954.0k
EBIT	(17.3m)	(26.5m)	(34.8m)
EBIT margin, %	(93%)	(96%)	(77%)
Interest income	22.2k		118.4k
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)

GBP	FY, 2018	FY, 2019	FY, 2020
Cash	23.9m	15.6m	87.1m
Accounts Receivable	3.8m	7.2m	12.6m
Prepaid Expenses	856.9k	1.5m	2.1m
Current Assets	29.3m	25.6m	104.7m
PP&E	1.2m	1.3m	1.1m
Total Assets	30.5m	26.9m	105.9m
Accounts Payable	943.0k	370.6k	3.6m
Short-term debt		18.9m
Current Liabilities	8.3m	36.4m	37.4m
Long-term debt	9.4m
Non-Current Liabilities	9.4m
Total Debt	9.4m	18.9m
Total Liabilities	17.7m	36.4m	37.4m
Common Stock	49.0	50.0	72.0
Additional Paid-in Capital	45.3m	46.1m	152.2m
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 x	0.7 x
Financial Leverage	2.4 x	-2.8 x	1.5 x

GBP	FY, 2018	FY, 2019	FY, 2020
Net Income	(1.7m)	(26.1m)	(33.0m)
Depreciation and Amortization	347.8k	619.1k	954.0k
Accounts Receivable	(2.8m)	(4.2m)	(6.0m)
Accounts Payable	6.4m	9.1m	15.0m
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	22.8m	5.9m	91.6m
Net Change in Cash	9.8m	(8.3m)	71.5m
Income Taxes Paid	(141.0k)	386.7k	1.7m