Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1 Marina Park Drive, Unit 1410 BOSTON MA 02210 |
Tel: | 1-312-7664009 |
Website: | https://www.onespan.com |
IR: | See website |
Key People | ||
Victor T. Limongelli Interim Chief Executive Officer | Jorge Garcia Martell Chief Financial Officer, Chief Accounting Officer, Treasurer | Lara Mataac Chief Compliance Officer, General Counsel, Corporate Secretary |
Business Overview |
OneSpan Inc. provides security, identity, electronic signature (e-signature) and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company's segments include Digital Agreements and Security Solutions. Digital Agreements consists of solutions that enable its clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation, and compliance. These solutions include OneSpan Sign e-signature, OneSpan Notary and OneSpan Trust Vault. Security Solutions consists of its portfolio of software products, software development kits (SDKs) and Digipass authenticator devices that are used to build applications designed to defend against attacks on digital transactions across online environments, devices, and applications. The software products and SDKs included in the Security Solutions segment are on-premises software products. |
Financial Overview |
For the fiscal year ended 31 December 2023, Onespan Inc revenues increased 7% to $235.1M. Net loss increased from $14.4M to $29.8M. Revenues reflect Security Solutions segment increase of 8% to $184.2M, Digital Agreements segment increase of 5% to $50.9M, Europe/Middle East/Africa segment increase of 11% to $111.6M, Asia Pacific segment increase of 6% to $43.5M, Americas segment increase of 3% to $80.1M. |
Employees: | 676 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $426.41M as of Mar 31, 2024 |
Annual revenue (TTM): | $235.11M as of Mar 31, 2024 |
EBITDA (TTM): | -$5.03M as of Mar 31, 2024 |
Net annual income (TTM): | -$29.80M as of Mar 31, 2024 |
Free cash flow (TTM): | -$23.28M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 37,845,509 as of Apr 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |