ONTF Q1 2024 Earnings — ON24, Inc. Revenue & Financial Results | Market Cap Arena

ONTFON24, Inc.

$343M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$38M-12.4% YoY

Gross Profit

$28M74.1% margin

Operating Income

-$12M-33.1% margin

Net Income

-$11M-28.4% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-4.1%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$269M

Total Liabilities

$95M

Stockholders' Equity

$174M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$43M	-12.4%
Gross Profit	$28M	$30M	-6.4%
Operating Income	-$12M	-$20M	+37.4%
Net Income	-$11M	-$18M	+39.2%

Revenue Segments

Subscription And Other Platform

$35M92%

Professional Services

$3M8%

Geographic Segments

UNITED STATES

$29M77%

EMEA

$6M17%

Other Geographical Area

$2M6%