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
View Jobs (42)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)744(+2%)
Job Openings42
Revenue (FY, 2019)$254.6 M(+20%)
Share Price (Sept 2020)$20.8 (+3%)
Cybersecurity ratingBMore

OneSpan Office Locations

OneSpan has offices in Chicago, Brussel, Montréal, Chiyoda City and in 2 other locations
Chicago, US (HQ)
121 W Wacker Dr #2050Chicago
Brussel, BE
Romeinsesteenweg 564C
Montréal, CA
1100 Avenue des Canadiens-de-Montréal
Chiyoda City, JP
1-chōme-1-1 Uchisaiwaichō
Kloten, CH
Balz-Zimmermannstrasse 7
Kloten, CH
Zurich Airport (ZRH)
Show all (8)

OneSpan Financials and Metrics

OneSpan Revenue

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OneSpan's revenue was reported to be $254.57 m in FY, 2019
USD

Revenue (Q2, 2020)

55.0m

Gross profit (Q2, 2020)

36.7m

Gross profit margin (Q2, 2020), %

66.8%

Net income (Q2, 2020)

(2.0m)

EBIT (Q2, 2020)

(1.7m)

Market capitalization (25-Sept-2020)

837.6m

Closing stock price (25-Sept-2020)

20.8

Cash (30-Jun-2020)

84.0m

EV

765.3m
OneSpan's current market capitalization is $837.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

168.1m154.0m155.0m201.5m241.4m192.3m193.3m212.3m254.6m

Revenue growth, %

30%20%(20%)

Cost of goods sold

60.0m54.5m55.2m73.8m95.4m61.6m58.8m64.8m82.0m

Gross profit

108.1m99.6m99.9m127.8m146.1m130.7m134.5m147.5m172.6m
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, 2019Q1, 2020Q2, 2020

Revenue

43.0m41.4m32.3m46.6m36.3m35.4m37.3m39.2m38.8m47.7m52.6m65.1m65.4m60.0m46.8m54.3m43.6m42.0m45.7m51.1m45.4m49.6m52.5m47.6m56.2m79.7m56.5m55.0m

Cost of goods sold

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

Gross profit

26.3m27.8m21.9m29.5m23.9m23.1m23.9m25.1m25.8m31.0m35.6m37.7m38.5m36.3m33.9m38.5m32.1m29.9m32.0m36.6m37.2m36.0m34.5m31.6m38.4m53.1m40.4m36.7m

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%72%67%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

84.5m106.5m98.6m72.4m78.5m49.3m78.7m76.7m84.3m

Accounts Receivable

31.6m27.6m28.5m30.0m29.4m48.1m59.6m62.4m

Prepaid Expenses

1.7m1.9m2.7m2.3m3.1m3.9m4.7m6.2m

Inventories

16.0m18.7m25.7m33.9m20.6m17.4m12.0m14.4m19.8m
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, 2019Q1, 2020Q2, 2020

Cash

84.6m77.5m93.4m85.1m96.1m104.6m85.6m92.1m109.5m93.3m81.0m74.2m82.1m144.0m70.3m35.6m31.5m56.3m56.4m49.3m126.5m101.4m91.9m69.9m49.1m54.9m79.6m84.0m

Accounts Receivable

22.5m28.8m22.7m33.9m29.6m26.3m26.0m27.6m21.4m22.1m27.4m31.0m39.2m36.9m37.9m32.7m27.2m35.2m28.3m34.6m34.4m41.7m42.5m59.1m68.2m76.6m63.0m54.3m

Prepaid Expenses

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

Inventories

14.2m16.8m19.6m17.1m17.7m21.7m25.5m26.3m25.8m25.7m31.4m32.7m30.3m21.9m18.0m17.9m18.4m18.8m17.7m17.4m11.5m14.5m15.3m15.2m20.2m19.0m18.4m16.4m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

18.1m15.6m11.0m32.6m42.2m10.6m(22.4m)3.8m8.8m

Depreciation and Amortization

3.8m3.6m5.0m6.2m6.3m10.8m10.6m12.1m11.5m

Inventories

(5.3m)(2.6m)(6.5m)(8.2m)13.3m3.2m5.4m(2.4m)(5.4m)

Accounts Payable

(1.6m)407.0k(1.5m)4.5m(6.6m)163.0k(1.0m)(1.5m)3.6m
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, 2019Q1, 2020Q2, 2020

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)3.7m98.0k(2.0m)

Depreciation and Amortization

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

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)1.4m3.4m

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(1.7m)(5.0m)
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USDQ2, 2011

Financial Leverage

1.3 x
Show all financial metrics

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
Show all operating metrics

OneSpan Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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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

September 17, 2020

OneSpan and ForgeRock Partnership Helps Secure Remote Banking with a Single Platform for Identity, Authentication and Risk Analytics

Partnership unites best in class identity access, risk-based MFA and fraud management for financial institutions Partnership unites best in class identity access, risk-based MFA and fraud management for financial institutions
September 15, 2020

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in OneSpan, Inc. of Class Action Lawsuit and Upcoming Deadline - OSPN

NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against OneSpan, Inc. ("OneSpan" or the "Company") (NASDAQ: OSPN) and certain of its officers. The class action, filed in United States District Court for the Northern District of...
September 14, 2020

OneSpan Announces Retirement of Board Member and Founder Ken Hunt

CHICAGO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that T. Kendall “Ken” Hunt, has retired from the board of directors effective September 12, 2020. Ken founded OneSpan (formerly known as VASCO) and had se…
September 14, 2020

OneSpan Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C.

PHILADELPHIA, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of OneSpan, Inc. (“OneSpan” or the “Company”) (NASDAQ: OSPN) to determine whether the Company engaged in securities fraud or other unlawful business practices. 
August 27, 2020

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against OneSpan Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm - OSPN

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of OneSpan Inc. (NASDAQ: OSPN) between May 9, 2018 and August 11, 2020, inclusive (the "Class Period"). The...
August 21, 2020

Pomerantz Law Firm Announces the Filing of a Class Action against OneSpan, Inc. and Certain Officers - OSPN

NEW YORK, Aug. 20, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against OneSpan, Inc. ("OneSpan" or the "Company") (NASDAQ: OSPN) and certain of its officers. The class action, filed in United States District Court for the Northern District of...
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OneSpan Blogs

November 22, 2019

The Race is On: From Traditional Banking to Secure Digital Business

The Race is On: From Traditional Banking to Secure Digital Business David-Bocek Fri, 11/22/2019 - 14:58 December 11, 2019, 2pm December 11, 2019, 3pm Online Presenters: Aurelie L’Hostis Senior Analyst, Forrester Research …
November 22, 2019

EagleBank Shares Best Practices from their Software Authentication Deployment

EagleBank Shares Best Practices from their Software Authentication Deployment Market Insights David-Gaudio Fri, 11/22/2019 - 07:31 One-time passwords (OTP) are a secure and reliable means of authenticating users and transactions. Banks an…
November 21, 2019

Zoom Test Webcast

Zoom Test Webcast David-Bocek Thu, 11/21/2019 - 16:54 November 22, 2019, 10am November 22, 2019, 10am Online Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magn…
November 21, 2019

IT Support Analyst

IT Support Analyst Thu, 11/21/2019 - 16:06
November 21, 2019

Support Analyst

Support Analyst Thu, 11/21/2019 - 09:06
November 19, 2019

Experienced IT Services Specialist

Experienced IT Services Specialist Tue, 11/19/2019 - 16:06
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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 744 employees.

  • What is OneSpan revenue?

    Latest OneSpan annual revenue is $254.6 m.

  • What is OneSpan revenue per employee?

    Latest OneSpan revenue per employee is $342.2 k.

  • Who are OneSpan competitors?

    Competitors of OneSpan include RSA Security, Callsign and Ubisecure.

  • Where is OneSpan headquarters?

    OneSpan headquarters is located at 121 W Wacker Dr #2050Chicago, Chicago.

  • Where are OneSpan offices?

    OneSpan has offices in Chicago, Brussel, Montréal, Chiyoda City and in 2 other locations.

  • How many offices does OneSpan have?

    OneSpan has 8 offices.