OSPN - OneSpan Inc.
NASDAQ
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Technology
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Software—Infrastructure
Chicago,
United States
Type: Equity
OSPN price evolution
OSPN
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $43.53 | $69.28 | $84.09 | $107.54 |
| Short term investments | ||||
| Net receivables | $64.39 | $38.67 | $38.15 | $32.28 |
| Inventory | $15.55 | $15.46 | $15 | $15.64 |
| Total current assets | $146.34 | $146.06 | $159.95 | $176.26 |
| Long term investments | ||||
| Property, plant & equipment | $24.89 | $20.89 | $20.28 | $22.73 |
| Goodwill & intangible assets | $104.52 | $103.28 | $105.92 | $105.57 |
| Total noncurrent assets | $142.85 | $136.63 | $138.69 | $141.05 |
| Total investments | ||||
| Total assets | $289.19 | $282.69 | $298.64 | $317.31 |
| Current liabilities | ||||
| Accounts payable | $17.45 | $16.54 | $17.61 | $17.25 |
| Deferred revenue | $73.48 | $55.33 | $57.28 | $59.79 |
| Short long term debt | ||||
| Total current liabilities | $114.83 | $91.33 | $97.31 | $96.95 |
| Long term debt | $6.82 | $5.29 | $5.54 | $8.09 |
| Total noncurrent liabilities | $15.22 | $14.04 | $14.74 | $21.02 |
| Total debt | $6.82 | $5.29 | $5.54 | $8.09 |
| Total liabilities | $130.05 | $105.38 | $112.05 | $117.97 |
| Shareholders' equity | ||||
| Retained earnings | $98.94 | $98.5 | $102.63 | $120.38 |
| Other shareholder equity | -$11.08 | -$14.63 | -$11.92 | -$12.89 |
| Total shareholder equity | $159.14 | $177.32 | $186.6 | $199.33 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $43.53 | $96.5 | $63.38 | $88.39 |
| Short term investments | $2.33 | $35.11 | $26.86 | |
| Net receivables | $64.39 | $69.65 | $56.61 | $57.54 |
| Inventory | $15.55 | $12.05 | $10.35 | $13.09 |
| Total current assets | $146.34 | $197.54 | $187.09 | $207.18 |
| Long term investments | ||||
| Property, plant & equipment | $24.89 | $20.7 | $19.95 | $23.19 |
| Goodwill & intangible assets | $104.52 | $103 | $117.44 | $124.75 |
| Total noncurrent assets | $142.85 | $137.54 | $155.18 | $168.03 |
| Total investments | $2.33 | $35.11 | $26.86 | |
| Total assets | $289.19 | $335.08 | $342.27 | $375.2 |
| Current liabilities | ||||
| Accounts payable | $17.45 | $17.36 | $8.2 | $5.68 |
| Deferred revenue | $73.48 | $70.91 | $63.74 | $55.15 |
| Short long term debt | ||||
| Total current liabilities | $114.83 | $110.81 | $89.08 | $75.3 |
| Long term debt | $6.82 | $8.44 | $10.18 | $12.4 |
| Total noncurrent liabilities | $15.22 | $20.96 | $33.41 | $42.56 |
| Total debt | $6.82 | $8.44 | $10.18 | $12.4 |
| Total liabilities | $130.05 | $131.77 | $122.49 | $117.86 |
| Shareholders' equity | ||||
| Retained earnings | $98.94 | $128.74 | $143.17 | $173.73 |
| Other shareholder equity | -$11.08 | -$14.55 | -$11.18 | -$10.22 |
| Total shareholder equity | $159.14 | $203.31 | $219.78 | $257.34 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $62.93 | $58.84 | $55.73 | $57.61 |
| Cost of revenue | $19.46 | $18.17 | $21.44 | $18.32 |
| Gross Profit | $43.47 | $40.67 | $34.29 | $39.29 |
| Operating activities | ||||
| Research & development | $8.73 | $10.13 | $10.09 | $9.46 |
| Selling, general & administrative | $28.08 | $28.22 | $35.54 | $36.66 |
| Total operating expenses | $41.65 | $45.46 | $52.06 | $47.42 |
| Operating income | $1.82 | -$4.79 | -$17.76 | -$8.13 |
| Income from continuing operations | ||||
| EBIT | $1.36 | -$3.85 | -$17.15 | -$7.67 |
| Income tax expense | $0.92 | $0.28 | $0.6 | $0.69 |
| Interest expense | ||||
| Net income | ||||
| Net income | $0.44 | -$4.13 | -$17.75 | -$8.36 |
| Income (for common shares) | $0.44 | -$4.13 | -$17.75 | -$8.36 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $235.11 | $219.01 | $214.48 | $215.69 |
| Cost of revenue | $77.39 | $70.44 | $71.55 | $63.44 |
| Gross Profit | $157.72 | $148.57 | $142.94 | $152.25 |
| Operating activities | ||||
| Research & development | $38.42 | $41.73 | $47.41 | $41.19 |
| Selling, general & administrative | $128.5 | $116.5 | $115.76 | $107.19 |
| Total operating expenses | $186.59 | $175.69 | $169.06 | $157.51 |
| Operating income | -$28.87 | -$27.11 | -$26.13 | -$5.26 |
| Income from continuing operations | ||||
| EBIT | -$27.31 | -$11.69 | -$26.14 | -$3.42 |
| Income tax expense | $2.49 | $2.74 | $4.44 | $2.04 |
| Interest expense | ||||
| Net income | ||||
| Net income | -$29.8 | -$14.43 | -$30.58 | -$5.46 |
| Income (for common shares) | -$29.8 | -$14.43 | -$30.58 | -$5.46 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $0.44 | -$4.13 | -$17.75 | -$8.36 |
| Operating activities | ||||
| Depreciation | $1.96 | $1.69 | $1.52 | $1.32 |
| Business acquisitions & disposals | -$1.8 | |||
| Stock-based compensation | $4.06 | $1.88 | $4.5 | $3.81 |
| Total cash flows from operations | $3.1 | -$7.45 | -$19.63 | $13.24 |
| Investing activities | ||||
| Capital expenditures | -$3.45 | -$2.56 | -$3.43 | -$3.08 |
| Investments | $2.33 | |||
| Total cash flows from investing | -$3.48 | -$2.56 | -$3.43 | -$2.55 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$25.63 | -$3.53 | ||
| Net borrowings | ||||
| Total cash flows from financing | -$26.23 | -$4.32 | -$0.45 | -$1.1 |
| Effect of exchange rate | $0.85 | -$0.48 | $0.06 | $0.57 |
| Change in cash and equivalents | -$25.75 | -$14.8 | -$23.45 | $10.16 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$29.8 | -$14.43 | -$30.58 | -$5.46 |
| Operating activities | ||||
| Depreciation | $6.48 | $7.07 | $8.93 | $12 |
| Business acquisitions & disposals | -$1.8 | |||
| Stock-based compensation | $14.25 | $8.64 | $4.35 | $4.74 |
| Total cash flows from operations | -$10.73 | -$5.79 | -$2.75 | $14.92 |
| Investing activities | ||||
| Capital expenditures | -$12.48 | -$5.03 | -$2.2 | -$3.1 |
| Investments | $2.33 | $51.61 | -$8.78 | -$1.43 |
| Total cash flows from investing | -$12.01 | $46.59 | -$10.98 | -$4.66 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$29.16 | -$5.72 | -$7.47 | -$5.03 |
| Net borrowings | ||||
| Total cash flows from financing | -$32.09 | -$7.31 | -$10.39 | -$7.06 |
| Effect of exchange rate | $1 | -$0.37 | -$0.9 | $0.91 |
| Change in cash and equivalents | -$53.84 | $33.12 | -$25.01 | $4.11 |
News
Fundamentals
| Market cap | $372.19M |
|---|---|
| Enterprise value | $335.48M |
| Shares outstanding | 37.52M |
| Revenue | $235.11M |
|---|---|
| EBITDA | -$20.83M |
| EBIT | -$27.31M |
| Net Income | -$29.80M |
| Revenue Q/Q | 11.14% |
| Revenue Y/Y | 7.35% |
| P/E ratio | -12.49 |
|---|---|
| EV/Sales | 1.43 |
| EV/EBITDA | -16.10 |
| EV/EBIT | -12.28 |
| P/S ratio | 1.58 |
| P/B ratio | 2.19 |
| Book/Share | 4.54 |
| Cash/Share | 1.16 |
| EPS | -$0.79 |
|---|---|
| ROA | -10.03% |
| ROE | -16.50% |
| Debt/Equity | 0.82 |
|---|---|
| Net debt/EBITDA | -4.15 |
| Current ratio | 1.27 |
| Quick ratio | 1.14 |