OSPN Q1 2022 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$52M+3.3% YoY

Gross Profit

$37M69.9% margin

Operating Income

-$9M-17.6% margin

Net Income

$5M9.9% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$336M

Total Liabilities

$112M

Stockholders' Equity

$224M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$51M	+3.3%
Gross Profit	$37M	$34M	+7.1%
Operating Income	-$9M	-$9M	+0.5%
Net Income	$5M	-$9M	+157.0%

Revenue Segments

Hardware products

$15M29%

Software licenses

$14M27%

Maintenance, support and other

$12M23%

Subscription

$10M19%

Professional services

$900,0002%

Geographic Segments

Europe, Middle East, Africa (EMEA)

$25M47%

Americas

$17M33%

Asia Pacific

$10M20%