OSPN: Onespan Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Onespan Inc (OSPN).
$704.35M Market Cap.
OSPN Market Cap. (MRY)
OSPN Shares Outstanding (MRY)
OSPN Assets (MRY)
Total Assets
$338.73M
Total Liabilities
$126.20M
Total Investments
$0
OSPN Income (MRY)
Revenue
$243.18M
Net Income
$57.08M
Operating Expense
$129.77M
OSPN Cash Flow (MRY)
CF Operations
$55.67M
CF Investing
-$9.30M
CF Financing
-$5.24M
OSPN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $338,734,000 (17.13%) | $289,191,000 (-13.70%) | $335,082,000 (-2.10%) | $342,271,000 (-8.78%) |
Assets Current | $174,894,000 (19.51%) | $146,343,000 (-26.23%) | $198,387,000 (6.04%) | $187,089,000 (-9.70%) |
Assets Non-Current | $163,840,000 (14.70%) | $142,848,000 (4.50%) | $136,695,000 (-11.91%) | $155,182,000 (-7.64%) |
Goodwill & Intangible Assets | $99,846,000 (-4.47%) | $104,516,000 (1.48%) | $102,996,000 (-12.30%) | $117,444,000 (-5.86%) |
Shareholders Equity | $212,530,000 (33.55%) | $159,141,000 (-21.73%) | $203,311,000 (-7.49%) | $219,780,000 (-14.60%) |
Property Plant & Equipment Net | $28,691,000 (15.26%) | $24,893,000 (20.24%) | $20,703,000 (3.75%) | $19,954,000 (-13.96%) |
Cash & Equivalents | $83,160,000 (91.04%) | $43,530,000 (-55.30%) | $97,375,000 (53.64%) | $63,380,000 (-28.30%) |
Accumulated Other Comprehensive Income | -$13,918,000 (-25.63%) | -$11,079,000 (23.86%) | -$14,550,000 (-30.12%) | -$11,182,000 (-9.41%) |
Deferred Revenue | $70,855,000 (-3.58%) | $73,483,000 (3.63%) | $70,906,000 (11.24%) | $63,742,000 (15.59%) |
Total Investments | $0 (0%) | $0 (0%) | $2,328,000 (-93.37%) | $35,108,000 (30.71%) |
Investments Current | $0 (0%) | $0 (0%) | $2,328,000 (-93.37%) | $35,108,000 (30.71%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $10,792,000 (-30.61%) | $15,553,000 (29.03%) | $12,054,000 (16.52%) | $10,345,000 (-20.99%) |
Trade & Non-Trade Receivables | $56,229,000 (-12.67%) | $64,387,000 (-1.14%) | $65,132,000 (15.05%) | $56,612,000 (-1.61%) |
Trade & Non-Trade Payables | $13,310,000 (-23.73%) | $17,452,000 (0.55%) | $17,357,000 (111.57%) | $8,204,000 (44.33%) |
Accumulated Retained Earnings (Deficit) | $151,256,000 (52.88%) | $98,939,000 (-23.15%) | $128,738,000 (-10.08%) | $143,173,000 (-17.59%) |
Tax Assets | $20,516,000 (1092.10%) | $1,721,000 (-9.47%) | $1,901,000 (-49.79%) | $3,786,000 (-46.15%) |
Tax Liabilities | $8,083,000 (117.69%) | $3,713,000 (-40.11%) | $6,200,000 (-16.70%) | $7,443,000 (-29.95%) |
Total Debt | $6,932,000 (1.58%) | $6,824,000 (-19.17%) | $8,442,000 (-17.07%) | $10,180,000 (-17.90%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $6,932,000 (1.58%) | $6,824,000 (-19.17%) | $8,442,000 (-17.07%) | $10,180,000 (-17.90%) |
Total Liabilities | $126,204,000 (-2.96%) | $130,050,000 (-1.31%) | $131,771,000 (7.58%) | $122,491,000 (3.93%) |
Liabilities Current | $110,275,000 (-3.97%) | $114,830,000 (3.62%) | $110,814,000 (24.40%) | $89,076,000 (18.29%) |
Liabilities Non-Current | $15,929,000 (4.66%) | $15,220,000 (-27.38%) | $20,957,000 (-37.28%) | $33,415,000 (-21.49%) |
OSPN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $243,179,000 (3.43%) | $235,106,000 (7.35%) | $219,006,000 (2.11%) | $214,481,000 (-0.56%) |
Cost of Revenue | $68,603,000 (-11.36%) | $77,391,000 (9.87%) | $70,436,000 (-1.55%) | $71,546,000 (5.79%) |
Selling General & Administrative Expense | $90,553,000 (-29.53%) | $128,502,000 (10.30%) | $116,501,000 (0.64%) | $115,761,000 (12.39%) |
Research & Development Expense | $32,423,000 (-15.61%) | $38,420,000 (-7.94%) | $41,735,000 (-11.98%) | $47,414,000 (15.10%) |
Operating Expenses | $129,771,000 (-30.45%) | $186,586,000 (6.20%) | $175,685,000 (3.92%) | $169,063,000 (10.27%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | -$10,595,000 (-526.19%) | $2,486,000 (-9.30%) | $2,741,000 (-38.28%) | $4,441,000 (118.23%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $57,082,000 (291.56%) | -$29,799,000 (-106.45%) | -$14,434,000 (52.81%) | -$30,584,000 (-460.66%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $57,082,000 (291.56%) | -$29,799,000 (-106.45%) | -$14,434,000 (52.81%) | -$30,584,000 (-460.66%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $57,082,000 (291.56%) | -$29,799,000 (-106.45%) | -$14,434,000 (52.81%) | -$30,584,000 (-460.66%) |
Weighted Average Shares | $38,387,000 (-4.49%) | $40,193,000 (0.12%) | $40,143,000 (1.34%) | $39,614,000 (-1.05%) |
Weighted Average Shares Diluted | $39,085,000 (-2.76%) | $40,193,000 (0.12%) | $40,143,000 (1.34%) | $39,614,000 (-1.05%) |
Earning Before Interest & Taxes (EBIT) | $46,487,000 (270.20%) | -$27,313,000 (-133.58%) | -$11,693,000 (55.27%) | -$26,143,000 (-664.42%) |
Gross Profit | $174,576,000 (10.69%) | $157,715,000 (6.16%) | $148,570,000 (3.94%) | $142,935,000 (-3.46%) |
Operating Income | $44,805,000 (255.19%) | -$28,871,000 (-6.48%) | -$27,115,000 (-3.78%) | -$26,128,000 (-396.92%) |
OSPN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$9,305,000 (22.54%) | -$12,013,000 (-125.79%) | $46,587,000 (524.29%) | -$10,980,000 (-135.42%) |
Net Cash Flow from Financing | -$5,244,000 (83.66%) | -$32,094,000 (-339.16%) | -$7,308,000 (29.69%) | -$10,394,000 (-47.22%) |
Net Cash Flow from Operations | $55,667,000 (618.56%) | -$10,735,000 (-86.40%) | -$5,759,000 (-109.80%) | -$2,745,000 (-118.40%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $39,801,000 (173.92%) | -$53,845,000 (-262.44%) | $33,148,000 (232.52%) | -$25,014,000 (-708.32%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$1,800,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $2,330,000 (-95.49%) | $51,612,000 (688.10%) | -$8,776,000 (-513.71%) |
Capital Expenditure | -$9,245,000 (25.95%) | -$12,484,000 (-149.88%) | -$4,996,000 (-130.34%) | -$2,169,000 (30.05%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | -$3,000 (99.99%) | -$29,155,000 (-409.61%) | -$5,721,000 (23.42%) | -$7,471,000 (-48.53%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$1,317,000 (-232.10%) | $997,000 (368.01%) | -$372,000 (58.44%) | -$895,000 (-197.92%) |
Share Based Compensation | $8,955,000 (-37.17%) | $14,252,000 (64.92%) | $8,642,000 (98.48%) | $4,354,000 (-8.14%) |
Depreciation Amortization & Accretion | $8,364,000 (29.09%) | $6,479,000 (-8.31%) | $7,066,000 (-20.84%) | $8,926,000 (-25.64%) |
OSPN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 71.80% (7.00%) | 67.10% (-1.03%) | 67.80% (1.80%) | 66.60% (-2.92%) |
Profit Margin | 23.50% (285.04%) | -12.70% (-92.42%) | -6.60% (53.85%) | -14.30% (-472.00%) |
EBITDA Margin | 22.60% (353.93%) | -8.90% (-323.81%) | -2.10% (73.75%) | -8.00% (-300.00%) |
Return on Average Equity (ROAE) | 30.20% (283.03%) | -16.50% (-135.71%) | -7.00% (46.56%) | -13.10% (-523.81%) |
Return on Average Assets (ROAA) | 19.20% (292.00%) | -10.00% (-122.22%) | -4.50% (48.28%) | -8.70% (-480.00%) |
Return on Sales (ROS) | 19.10% (264.66%) | -11.60% (-118.87%) | -5.30% (56.56%) | -12.20% (-662.50%) |
Return on Invested Capital (ROIC) | 129.50% (206.06%) | -122.10% (-435.53%) | -22.80% (15.24%) | -26.90% (-740.63%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 12.44 (185.90%) | -14.49 (53.40%) | -31.08 (-41.37%) | -21.99 (85.12%) |
Price to Sales Ratio (P/S) | 2.93 (59.68%) | 1.83 (-10.63%) | 2.05 (-34.41%) | 3.13 (-18.53%) |
Price to Book Ratio (P/B) | 3.31 (23.33%) | 2.69 (23.09%) | 2.18 (-29.10%) | 3.08 (-5.70%) |
Debt to Equity Ratio (D/E) | 0.59 (-27.29%) | 0.82 (26.08%) | 0.65 (16.34%) | 0.56 (21.62%) |
Earnings Per Share (EPS) | 1.49 (301.35%) | -0.74 (-105.56%) | -0.36 (53.25%) | -0.77 (-450.00%) |
Sales Per Share (SPS) | 6.33 (8.31%) | 5.85 (7.20%) | 5.46 (0.78%) | 5.41 (0.48%) |
Free Cash Flow Per Share (FCFPS) | 1.21 (309.17%) | -0.58 (-115.67%) | -0.27 (-116.13%) | -0.12 (-142.03%) |
Book Value Per Share (BVPS) | 5.54 (39.86%) | 3.96 (-21.84%) | 5.07 (-8.71%) | 5.55 (-13.69%) |
Tangible Assets Book Value Per Share (TABVPS) | 6.22 (35.43%) | 4.59 (-20.52%) | 5.78 (1.87%) | 5.67 (-9.29%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (207.69%) | -13 (59.38%) | -32 (-33.33%) | -24 (89.29%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.56 (166.23%) | -17.45 (78.21%) | -80.07 (-119.33%) | -36.51 (-140.86%) |
Asset Turnover | 0.82 (3.03%) | 0.79 (15.96%) | 0.68 (11.42%) | 0.61 (5.87%) |
Current Ratio | 1.59 (24.49%) | 1.27 (-28.83%) | 1.79 (-14.76%) | 2.1 (-23.66%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $46,422,000 (299.93%) | -$23,219,000 (-115.89%) | -$10,755,000 (-118.86%) | -$4,914,000 (-141.57%) |
Enterprise Value (EV) | $633,957,178 (74.35%) | $363,602,242 (-1.86%) | $370,500,899 (-41.06%) | $628,562,017 (-18.04%) |
Earnings Before Tax (EBT) | $46,487,000 (270.20%) | -$27,313,000 (-133.58%) | -$11,693,000 (55.27%) | -$26,143,000 (-664.42%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $54,851,000 (363.28%) | -$20,834,000 (-350.27%) | -$4,627,000 (73.13%) | -$17,217,000 (-300.59%) |
Invested Capital | $52,385,000 (58.08%) | $33,139,000 (2.47%) | $32,339,000 (-60.83%) | $82,551,000 (-16.75%) |
Working Capital | $64,619,000 (105.06%) | $31,513,000 (-64.02%) | $87,573,000 (-10.65%) | $98,013,000 (-25.68%) |
Tangible Asset Value | $238,888,000 (29.36%) | $184,675,000 (-20.43%) | $232,086,000 (3.23%) | $224,827,000 (-10.23%) |
Market Capitalization | $704,354,178 (64.73%) | $427,592,242 (-3.66%) | $443,818,899 (-34.41%) | $676,616,017 (-19.48%) |
Average Equity | $189,141,000 (4.73%) | $180,597,250 (-12.56%) | $206,542,500 (-11.69%) | $233,881,000 (-9.56%) |
Average Assets | $298,003,250 (0.35%) | $296,958,750 (-7.38%) | $320,608,250 (-8.43%) | $350,105,250 (-6.02%) |
Invested Capital Average | $35,890,250 (60.50%) | $22,361,500 (-56.39%) | $51,279,750 (-47.30%) | $97,312,250 (-8.60%) |
Shares | 37,991,056 (-4.75%) | 39,887,336 (0.57%) | 39,662,100 (-0.76%) | 39,965,506 (-1.65%) |
