OneSpan (OSPN) stock price, revenue, and financials

OneSpan market cap is $805.6 m, and annual revenue was $212.28 m in FY 2018

$805.6 M

OSPN Mkt cap, 20-Jan-2020

$79.7 M

OneSpan Revenue Q3, 2019
OneSpan Gross profit (Q3, 2019)53.1 M
OneSpan Gross profit margin (Q3, 2019), %66.5%
OneSpan Net income (Q3, 2019)11.9 M
OneSpan EBIT (Q3, 2019)17.1 M
OneSpan Cash, 30-Sept-201954.9 M
OneSpan EV762 M

OneSpan Revenue

OneSpan revenue was $212.28 m in FY, 2018

Embed Graph

OneSpan Revenue Breakdown

Embed Graph

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

OneSpan Income Statement

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%

Sales and marketing expense

11.5m9.6m9.4m9.9m8.9m9.6m10.5m9.4m10.4m11.3m10.7m9.8m10.0m8.8m14.0m16.8m14.5m13.7m15.3m14.0m14.3m16.6m16.0m14.4m16.0m14.2m

R&D expense

5.1m4.8m4.7m4.8m4.5m4.8m5.3m5.1m5.1m5.2m4.4m4.5m4.5m4.4m6.3m7.1m6.8m5.9m6.3m5.5m5.8m8.0m9.0m10.5m12.0m10.0m

General and administrative expense

5.6m5.5m5.1m5.3m3.7m5.5m5.5m4.5m5.3m5.7m5.4m6.1m7.1m8.5m8.3m9.1m7.7m7.9m8.6m9.9m10.8m11.2m10.2m9.9m10.2m9.5m

Operating expense total

22.9m20.3m19.7m20.5m17.6m20.4m22.0m20.0m21.9m23.4m21.8m21.6m22.7m22.8m30.8m35.1m31.2m29.6m32.4m31.5m33.0m38.6m37.7m37.1m40.6m35.9m

Depreciation and amortization

707.0k486.0k479.0k472.0k476.0k441.0k651.0k1.1m1.1m1.1m1.1m1.1m1.1m1.1m2.2m2.2m2.2m2.2m2.2m2.2m2.2m2.3m

EBIT

3.4m7.4m2.2m9.0m6.3m2.7m1.9m5.0m3.9m7.6m13.8m16.1m15.8m13.5m3.1m3.4m912.0k302.0k(400.0k)5.1m1.6m(2.6m)(3.1m)(5.5m)(2.2m)17.1m

EBIT margin, %

8%18%7%19%17%8%5%13%10%16%26%25%24%22%7%6%2%1%(1%)10%4%(5%)(6%)(12%)(4%)21%

Interest expense

124.0k164.0k77.0k68.0k62.0k42.0k40.0k48.0k24.0k10.0k35.0k80.0k97.0k107.0k109.0k166.0k229.0k290.0k340.0k

Investment income

386.0k393.0k340.0k258.0k135.0k69.0k228.0k

Pre tax profit

3.8m7.2m2.5m9.4m6.2m2.9m2.2m4.8m4.4m7.9m12.9m15.9m16.1m13.5m3.6m3.8m1.3m806.0k313.0k5.3m2.4m(872.0k)(2.6m)(5.9m)(1.7m)15.7m

Income tax expense

1.2m1.3m530.0k2.0m1.5m494.0k379.0k1.4m827.0k1.0m1.7m2.2m2.3m2.4m1.4m979.0k781.0k233.0k203.0k2.6m629.0k130.0k(1.7m)(272.0k)770.0k3.9m

Net Income

2.6m2.2m1.9m7.2m4.5m2.8m1.8m3.3m3.5m6.9m11.2m13.6m13.9m11.2m2.2m2.8m478.0k573.0k110.0k2.8m1.8m(1.0m)(908.0k)(5.7m)(2.5m)11.9m

OneSpan Balance Sheet

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

Current Assets

139.8m159.4m161.6m206.2m183.4m207.2m227.9m192.0m

PP&E

4.4m4.1m3.1m2.8m3.1m3.3m4.8m6.3m

Goodwill

12.9m13.2m23.5m56.3m91.8m

Total Assets

168.9m186.5m211.9m251.3m311.8m327.3m337.6m352.8m

Accounts Payable

7.3m7.8m6.4m10.7m8.8m8.9m8.1m7.2m

Short-term debt

13.3m

Current Liabilities

31.2m29.9m37.1m45.2m55.7m68.0m66.2m72.4m

Long-term debt

Total Debt

13.3m

Total Liabilities

33.1m30.2m37.6m45.5m63.8m70.7m99.7m100.4m

Common Stock

38.0k39.0k40.0k40.0k40.0k40.0k40.0k

Preferred Stock

Additional Paid-in Capital

71.7m75.0m79.9m82.5m85.8m87.5m90.3m93.3m

Retained Earnings

65.7m81.3m92.4m125.9m168.0m156.2m172.4m

Total Equity

135.8m156.3m174.3m205.9m248.0m256.6m237.9m252.4m

Financial Leverage

1.2 x1.2 x1.2 x1.2 x1.3 x1.3 x1.4 x1.4 x

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

Current Assets

126.8m128.9m144.1m143.9m150.2m158.5m142.6m154.1m165.0m178.8m192.5m217.4m230.9m246.7m189.8m194.4m195.0m209.4m210.5m219.4m228.3m176.8m168.9m186.7m183.5m197.9m

PP&E

5.7m4.6m4.2m4.0m3.9m3.7m3.5m3.3m3.1m3.2m3.0m2.7m2.8m2.6m4.0m4.1m3.8m3.1m3.3m3.8m6.3m6.6m6.5m5.9m6.2m8.8m

Goodwill

17.2m13.6m13.3m12.5m12.8m12.8m22.0m23.1m23.6m24.4m54.7m55.8m56.4m57.0m95.5m94.7m92.7m92.9m91.0m

Total Assets

163.1m157.6m172.6m171.0m178.1m184.8m189.6m201.0m216.0m230.2m240.3m259.0m271.5m286.6m310.3m314.1m315.1m328.0m329.0m335.7m346.9m347.1m333.4m355.5m347.2m365.3m

Accounts Payable

7.1m4.9m7.9m4.5m5.1m6.8m6.3m6.1m6.6m10.4m8.8m10.0m6.0m4.4m8.6m7.9m6.7m7.4m8.4m6.0m4.8m6.5m3.5m15.0m11.6m13.1m

Short-term debt

13.8m

Current Liabilities

32.8m29.7m31.4m25.9m26.5m27.6m30.1m34.0m37.2m43.6m44.3m42.5m39.0m41.9m57.1m58.5m58.0m67.0m58.1m60.1m57.4m60.9m56.9m73.4m63.7m71.4m

Long-term debt

7.9m7.5m11.3m

Total Debt

13.8m7.9m7.5m11.3m

Total Liabilities

35.1m31.1m31.8m26.3m26.8m27.8m30.4m34.4m37.6m44.1m45.2m42.7m39.2m42.1m58.1m59.5m58.9m69.8m68.4m70.4m92.6m96.2m83.5m107.5m102.4m111.2m

Common Stock

38.0k38.0k39.0k39.0k39.0k39.0k39.0k39.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k40.0k

Preferred Stock

Additional Paid-in Capital

69.2m70.1m72.7m73.5m74.0m75.0m75.6m76.1m80.4m81.1m81.9m82.8m83.7m84.8m86.9m87.7m88.8m87.9m88.4m89.1m91.1m92.1m93.2m93.6m94.3m94.7m

Retained Earnings

52.6m54.9m67.6m74.7m79.2m84.0m85.9m89.2m95.9m102.8m114.0m139.5m153.4m164.6m170.2m173.1m173.5m179.1m179.2m182.0m170.3m169.3m168.4m166.7m164.2m176.1m

Total Equity

128.0m126.5m140.8m144.7m151.4m156.9m159.3m166.6m178.4m186.1m195.2m216.3m232.4m244.6m252.2m254.6m256.2m258.2m260.6m265.3m254.2m250.9m249.9m248.0m244.8m254.1m

Financial Leverage

1.3 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.3 x1.3 x1.3 x1.4 x1.4 x1.3 x1.4 x1.4 x1.4 x

OneSpan Cash Flow

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

Accounts Receivable

(10.3m)4.5m(39.0k)(4.7m)2.9m(8.1m)(8.4m)(12.0m)

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)

Cash From Operating Activities

17.9m23.0m10.3m38.8m69.0m28.5m17.6m1.2m

Purchases of PP&E

(1.1m)(1.3m)(944.0k)(1.5m)(1.4m)(2.0m)(3.1m)(3.7m)

Cash From Investing Activities

(9.8m)(1.5m)(20.5m)(67.8m)(56.0m)(56.5m)12.8m194.0k

Long-term Borrowings

(5.9m)

Cash From Financing Activities

153.0k441.0k2.4m181.0k(6.4m)(1.1m)(640.0k)(970.0k)

Net Change in Cash

(1.0m)22.0m(7.9m)(26.2m)6.1m(29.2m)29.3m(1.1m)

Interest Paid

Income Taxes Paid

5.9m6.0m3.1m6.1m6.8m6.0m6.4m10.9m

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

Accounts Receivable

1.4m(6.4m)9.3m(3.0m)1.9m712.0k1.3m471.0k7.1m6.4m(564.0k)(4.0m)(12.4m)(9.0m)(7.7m)(3.1m)2.5m1.7m9.6m3.9m14.2m7.2m6.2m79.0k(8.8m)(19.0m)

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

Cash From Operating Activities

11.9m8.2m8.0m2.7m13.3m420.0k1.6m6.5m11.3m27.1m30.0m12.3m19.8m47.8m3.1m14.9m24.9m1.7m12.0m15.0m9.7m(646.0k)(9.2m)(3.7m)(22.8m)(13.7m)

Purchases of PP&E

(944.0k)(742.0k)(245.0k)(524.0k)(838.0k)(129.0k)(273.0k)(480.0k)(352.0k)(964.0k)(1.2m)(320.0k)(727.0k)(914.0k)(1.2m)(1.8m)(2.0m)(242.0k)(716.0k)(1.3m)(2.3m)(3.0m)(3.4m)(176.0k)(989.0k)(4.2m)

Cash From Investing Activities

(15.7m)(9.4m)(291.0k)(463.0k)(937.0k)87.0k(19.5m)(19.9m)(404.0k)(32.3m)(47.6m)(10.3m)(10.8m)24.0m(11.2m)(57.1m)(71.3m)5.1m(5.2m)(15.5m)37.7m23.9m23.5m(2.7m)(4.3m)(7.6m)

Cash From Financing Activities

17.0k40.0k97.0k97.0k190.0k(687.0k)(717.0k)(717.0k)(37.0k)49.0k181.0k(427.0k)(407.0k)(407.0k)(421.0k)(1.0m)(1.0m)(154.0k)(199.0k)(257.0k)(179.0k)(233.0k)(399.0k)(218.0k)(266.0k)(394.0k)

Net Change in Cash

(903.0k)(8.0m)8.9m648.0k11.6m(1.8m)(20.8m)(14.3m)10.9m(5.3m)(17.6m)1.8m9.7m71.6m(8.2m)(42.9m)(47.1m)6.9m7.1m(84.0k)47.8m22.8m13.3m(6.8m)(27.6m)(21.8m)

OneSpan Ratios

USDY, 2019

EV/EBIT

44.5 x

EV/CFO

-55.8 x

Financial Leverage

1.4 x

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

OneSpan Employee Rating

3.930 votes
Culture & Values
3.7
Work/Life Balance
3.9
Senior Management
3.3
Salary & Benefits
3.6
Career Opportunities
3.6
Source