OneSpan

OverviewSuggest Edit

OneSpan (formerly VASCO Data Security International) is a cybersecurity technology company. The Company provides two-factor authentication and electronic signature software, which manages digital assets and online transactions for financial institutions. It also secures access to data and applications in the cloud, and provides tools for application developers to easily integrate security functions into their web-based and mobile applications. The Company enables its customers to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government, and healthcare markets.

TypePublic
Founded1991
HQChicago, USMap
Websiteonespan.com
Employee Ratings3.9More
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Employees (est.) (Dec 2018)732(+20%)
Revenue (FY, 2018)$212.3 M(+10%)
Share Price (Dec 2019)$17.3 (-1%)

OneSpan Office Locations

OneSpan has offices in Chicago and Montréal
Chicago, US (HQ)
W Wacker Dr
Montréal, CA
1100 Avenue des Canadiens-de-Montréal
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OneSpan Financials and Metrics

OneSpan Revenue

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OneSpan's revenue was reported to be $212.28 m in FY, 2018
USD

Revenue (Q3, 2019)

79.7m

Gross profit (Q3, 2019)

53.1m

Gross profit margin (Q3, 2019), %

66.5%

Net income (Q3, 2019)

11.9m

EBIT (Q3, 2019)

17.1m

Market capitalization (6-Dec-2019)

696.3m

Closing stock price (6-Dec-2019)

17.3

Cash (30-Sept-2019)

54.9m

EV

652.7m
OneSpan's current market capitalization is $696.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

168.1m154.0m155.0m201.5m241.4m192.3m193.3m212.3m

Revenue growth, %

30%20%(20%)

Cost of goods sold

60.0m54.5m55.2m73.8m95.4m61.6m58.8m64.8m

Gross profit

108.1m99.6m99.9m127.8m146.1m130.7m134.5m147.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

43.0m41.4m32.3m46.6m36.3m35.4m37.3m39.2m38.8m47.7m52.6m65.1m65.4m60.0m46.8m54.3m43.6m42.0m45.7m51.1m45.4m49.6m52.5m47.6m56.2m79.7m

Cost of goods sold

16.7m13.6m10.4m17.2m12.4m12.3m13.4m14.1m13.0m16.6m17.0m27.5m26.9m23.8m12.8m15.8m11.5m12.1m13.6m14.5m8.2m13.6m18.0m16.0m17.9m26.7m

Gross profit

26.3m27.8m21.9m29.5m23.9m23.1m23.9m25.1m25.8m31.0m35.6m37.7m38.5m36.3m33.9m38.5m32.1m29.9m32.0m36.6m37.2m36.0m34.5m31.6m38.4m53.1m

Gross profit Margin, %

61%67%68%63%66%65%64%64%66%65%68%58%59%60%73%71%74%71%70%72%82%73%66%66%68%67%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

84.5m106.5m98.6m72.4m78.5m49.3m78.7m76.7m

Accounts Receivable

31.6m27.6m28.5m30.0m29.4m48.1m59.6m

Prepaid Expenses

1.7m1.9m2.7m2.3m3.1m3.9m4.7m

Inventories

16.0m18.7m25.7m33.9m20.6m17.4m12.0m14.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

84.6m77.5m93.4m85.1m96.1m104.6m85.6m92.1m109.5m93.3m81.0m74.2m82.1m144.0m70.3m35.6m31.5m56.3m56.4m49.3m126.5m101.4m91.9m69.9m49.1m54.9m

Accounts Receivable

22.5m28.8m22.7m33.9m29.6m26.3m26.0m27.6m21.4m22.1m27.4m31.0m39.2m36.9m37.9m32.7m27.2m35.2m28.3m34.6m34.4m41.7m42.5m59.1m68.2m76.6m

Prepaid Expenses

2.4m1.9m1.9m1.6m1.8m1.9m1.9m2.9m2.5m2.6m2.2m2.8m2.4m2.3m3.5m3.3m3.4m4.2m3.6m4.0m6.5m6.3m5.2m5.7m7.0m6.6m

Inventories

14.2m16.8m19.6m17.1m17.7m21.7m25.5m26.3m25.8m25.7m31.4m32.7m30.3m21.9m18.0m17.9m18.4m18.8m17.7m17.4m11.5m14.5m15.3m15.2m20.2m19.0m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

18.1m15.6m11.0m32.6m42.2m10.6m(22.4m)3.8m

Depreciation and Amortization

3.8m3.6m5.0m6.2m6.3m10.8m10.6m12.1m

Inventories

(5.3m)(2.6m)(6.5m)(8.2m)13.3m3.2m5.4m(2.4m)

Accounts Payable

(1.6m)407.0k(1.5m)4.5m(6.6m)163.0k(1.0m)(1.5m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

5.1m7.4m1.9m9.1m13.6m2.8m4.6m7.6m3.5m10.4m21.6m13.7m27.5m38.7m2.2m5.0m5.5m573.0k683.0k3.4m1.8m790.0k(118.0k)(5.7m)(8.1m)3.7m

Depreciation and Amortization

2.7m2.9m939.0k1.8m2.7m873.0k2.0m3.5m1.6m3.2m4.7m1.5m2.9m4.4m2.6m5.3m7.9m4.8m5.3m7.9m2.7m6.0m9.1m2.9m5.7m8.6m

Inventories

(3.3m)(6.1m)(3.5m)(1.1m)(1.7m)(3.0m)(6.3m)(7.2m)(164.0k)(40.0k)(5.8m)1.2m3.6m12.0m2.6m2.7m2.2m(1.4m)(255.0k)(97.0k)535.0k(2.4m)(3.3m)(813.0k)(5.8m)(4.5m)

Accounts Payable

(2.8m)(4.0m)576.0k(2.7m)(2.2m)(855.0k)(1.4m)(1.7m)236.0k4.0m2.5m(547.0k)(4.6m)(6.2m)(217.0k)(891.0k)(2.1m)(1.5m)(748.0k)(2.8m)(3.4m)(2.2m)(5.3m)7.8m4.4m5.9m
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USDY, 2019

EV/EBIT

38.1 x

EV/CFO

-47.8 x

Financial Leverage

1.4 x
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OneSpan Operating Metrics

OneSpan's Backlog was reported to be $50m in FY, 2016. OneSpan's Customers was reported to be 10 k in Dec, 2017.
FY, 2014FY, 2015FY, 2016Dec, 2017

Backlog

$113 m$51 m$50 m

Countries

100 100

Customers

10 k10 k

Licenses Sold

250 m
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OneSpan Revenue Breakdown

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OneSpan revenue breakdown by business segment: 81.2% from Product and License and 18.8% from Services and Other

OneSpan Online and Social Media Presence

OneSpan's Trends

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OneSpan News and Updates

November 15, 2019

Poland’s Bank Millennium selects OneSpan to protect corporate customers

OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, t...
November 14, 2019

Poland’s Bank Millennium Chooses OneSpan to Improve Customer Experience in Corporate Banking

Bank Millennium is the first Polish bank to implement Cronto technology to secure its corporate banking customers while improving the customer experience Bank Millennium is the first Polish bank to implement Cronto technology to secure its corporate banking customers while improving the customer exp…
September 03, 2019

Volkswagen Bank secures mobile transactions with OneSpan

OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, t...
July 16, 2019

Avaloq integrates with OneSpan fraud-fighting software

OneSpan (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure...
June 04, 2019

OneSpan unveils digital account opening offering

OneSpan (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure...
April 25, 2019

United Bulgarian Bank Selects OneSpan to Help Fight Social Engineering and Mobile Malware Attacks

Leading bank implements OneSpan’s Cronto and Mobile Security Suite to protect online and mobile banking applications while meeting PSD2 Requirements Leading bank implements OneSpan’s Cronto and Mobile Security Suite to protect online and mobile banking applications while meeting PSD2 Requirements
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OneSpan Blogs

November 27, 2019

6549 Senior Accountant

6549 Senior Accountant Wed, 11/27/2019 - 11:06
November 27, 2019

Billing Accountant

Billing Accountant Wed, 11/27/2019 - 10:06
November 26, 2019

OneSpan Invests in Montréal to Build Cybersecurity Technologies

OneSpan Invests in Montréal to Build Cybersecurity Technologies Montréal, November 26, 2019 – OneSpan, a leading global IT and cybersecurity technology company based in Chicago, announces the launch of a new operational hub in Montréal to help the company protect financial institutions from fr…
November 26, 2019

Leading Bank in Sweden Helps Prevent Social Engineering Attacks with OneSpan

Leading Bank in Sweden Helps Prevent Social Engineering Attacks with OneSpan Swedbank implements OneSpan’s Cronto technology to secure transactions and improve the customer experience CHICAGO and STOCKHOLM – November 26, 2019 – OneSpan™ (NASDAQ: OSPN), a global leader in software for trusted …
November 26, 2019

Sales Engineer MEA

Sales Engineer MEA Tue, 11/26/2019 - 10:06
November 25, 2019

OneSpan Announces Investor Day on December 4, 2019

OneSpan Announces Investor Day on December 4, 2019 CHICAGO, Nov. 25, 2019 (GLOBE NEWSWIRE) -- OneSpan (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced it will hold an Investor Day on Wednesday, December 4, 2019 in New York…
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 OneSpan Frequently Asked Questions

  • When was OneSpan founded?

    OneSpan was founded in 1991.

  • How many employees does OneSpan have?

    OneSpan has 732 employees.

  • What is OneSpan revenue?

    Latest OneSpan annual revenue is $212.3 m.

  • What is OneSpan revenue per employee?

    Latest OneSpan revenue per employee is $290 k.

  • Who are OneSpan competitors?

    Competitors of OneSpan include RSA Security, Callsign and Intercede.

  • Where is OneSpan headquarters?

    OneSpan headquarters is located at W Wacker Dr, Chicago.

  • Where are OneSpan offices?

    OneSpan has offices in Chicago and Montréal.

  • How many offices does OneSpan have?

    OneSpan has 2 offices.