ONTFON24, Inc.

$343M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$42M-12.8% YoY

Gross Profit

$30M71.0% margin

Operating Income

-$16M-37.5% margin

Net Income

-$13M-30.5% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$321M

Total Liabilities

$104M

Stockholders' Equity

$217M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$48M	-12.8%
Gross Profit	$30M	$35M	-14.5%
Operating Income	-$16M	-$16M	+1.5%
Net Income	-$13M	-$16M	+20.8%

Revenue Segments

Subscription And Other Platform

$38M91%

Professional Services

$4M9%

Geographic Segments

UNITED STATES

$33M77%

EMEA

$7M17%

Other Geographical Area

$2M6%

ONTF Q2 2023 Earnings — ON24, Inc. Revenue & Financial Results | Market Cap Arena