OneSpan (OSPN)

OneSpan helps protect the world from digital fraud by establishing trust in people's identities, the devices they use and the transactions they carry out. This is done this by making digital banking accessible, secure, easy and valuable. OneSpan's Trusted Identity platform and security solutions significantly reduce digital transaction fraud and enable regulatory compliance for more than 10,000 customers, including over half of the top 100 global banks. Whether through automating agreements, detecting fraud or securing financial transactions, OneSpan helps reduce costs and accelerate customer acquisition while improving the user experience.

Company profile

Ticker

OSPN

Exchange

NASDAQ

Website

www.onespan.com

CEO

Scott Clements

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Integrated Systems Design

Kyndryl • Leidos • CERNER • Godaddy • Parsons • Allscripts Healthcare Solutions • Caci International Inc. - Registered Shares • Unisys • Open Text • Light & Wonder ...

Former names

One Span Inc., VASCO DATA SECURITY INTERNATIONAL INC

SEC CIK

0001044777

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

OneSpan Australia Pty Ltd • OneSpan Pty Ltd • OneSpan Austria GmbH • OneSpan Europe NV • OneSpan NV • OneSpan Seguranca de Dados Brasil Ltda • Dealflo Technology Inc. • OneSpan Canada Inc. • OneSpan Software (Beijing) Co. Ltd. • OneSpan France SAS ...

IRS number

364169320

OSPN stock data

1M 1Y 5Y

News

From Benzinga Pro

Onespan Reaffirms FY22 Guidance Ahead Of May 17 Investor Day: Adj. EBITDA Loss $7M-$5M, Average Recurring Revenue Growth In 16-18% Year-Over-Year Range

17 May 22

OneSpan Inc. (NASDAQ:OSPN), a global leader in digital identity verification and e-signatures, will provide an update on its strategic plan to transform the Company and accelerate growth during its Investor Day today,

Recap: OneSpan Q1 Earnings

3 May 22

OneSpan (NASDAQ:OSPN) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings OneSpan beat estimated earnings by 80.0%, reporting an EPS of $-0.01 versus an estimate of $-0.05.

OneSpan Q1 EPS $(0.01) Beats $(0.05) Estimate, Sales $52.40M Beat $51.99M Estimate

3 May 22

OneSpan (NASDAQ:OSPN) reported quarterly losses of $(0.01) per share which beat the analyst consensus estimate of $(0.05) by 80 percent. This is a 93.75 percent increase over losses of $(0.16) per share from the same

Earnings Scheduled For May 3, 2022

3 May 22

Press releases

From Benzinga Pro

Matthew Moynahan Appointed to OneSpan's Board of Directors

13 Jun 22

Jean Holley retired from the Board OneSpan Inc. (NASDAQ:OSPN), the digital agreements security company, announced today its Board of Directors (the "Board") appointed Matthew Moynahan, President and Chief Executive

OneSpan Strengthens Executive Team with Appointment of Lara Mataac as General Counsel and Chief Compliance Officer

13 Jun 22

Former Constant Contact General Counsel Brings Broad Legal, Compliance, and Leadership Depth OneSpan Inc. (NASDAQ:OSPN), the digital agreements security company, announced today the addition of Lara Mataac as General

OneSpan Welcomes Michael Klieman as Chief Product Officer

23 May 22

Cybersecurity and SaaS industry veteran will lead product strategy and innovation to drive growth OneSpan Inc. (NASDAQ:OSPN), the digital agreements company, announced today that Michael Klieman has joined the company

OneSpan to Provide Strategic Transformation Update

17 May 22

OneSpan Announces Participation in Upcoming Investor Conferences – Following May 17, 2022 Investor Day

12 May 22

Calendar

3 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart OSPN financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	84.49M	84.49M	84.49M	84.49M	84.49M	84.49M
Cash burn (monthly)	(no burn)	(no burn)	3.08M	2.25M	(no burn)	222.33K
Cash used (since last report)	n/a	n/a	8.86M	6.48M	n/a	639.39K
Cash remaining	n/a	n/a	75.63M	78.01M	n/a	83.85M
Runway (months of cash)	n/a	n/a	24.5	34.6	n/a	377.1

Beta Read what these cash burn values mean

Financial data from OneSpan earnings reports.

Recent insider trades

OSPN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Jun 22	Sarika Garg	Common Stock, $0.001 par value	Option exercise	Acquire M	No	No	12.82	2,408	30.87K	10,683
9 Jun 22	Sarika Garg	RSU Common Stock	Option exercise	Dispose M	No	No	12.82	2,408	30.87K	0
9 Jun 22	McConnell Michael J	Common Stock, $0.001 par value	Option exercise	Acquire M	No	No	12.82	2,408	30.87K	22,408
9 Jun 22	McConnell Michael J	RSU Common Stock	Option exercise	Dispose M	No	No	12.82	2,408	30.87K	0
8 Jun 22	Holley Jean K	Common Stock, $0.001 par value	Option exercise	Acquire M	No	No	13.4	7,618	102.08K	134,474
8 Jun 22	Holley Jean K	RSU Common Stock	Option exercise	Dispose M	No	No	13.4	7,618	102.08K	0
23 May 22	John Bosshart	Common Stock, $0.001 par value	Payment of exercise	Dispose F	No	No	12.83	772	9.9K	4,966
23 May 22	John Bosshart	Common Stock, $0.001 par value	Option exercise	Acquire M	No	No	12.83	2,634	33.79K	5,738
23 May 22	John Bosshart	RSU Common Stock	Option exercise	Dispose M	No	No	12.83	2,634	33.79K	2,635
18 May 22	Alfred A Nietzel	Common Stock, $0.001 par value	Buy	Acquire P	No	No	11.33	4,500	50.99K	24,833

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

OSPN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

iSign Solutions • NortonLifeLock • Banco Santander • HSBC • DocuSign • ForgeRock • Dell

Risks

Disruptions in markets or the European Union may affect our liquidity and capital resources.
We could incur substantial accounting related costs if we are unable to maintain an effective system of internal control over financial reporting.
We have a long operating history, but only modest accumulated profit.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: albeit, approved, bad, categorized, cumulative, enhance, federal, finalize, globe, line, Matthew, Moynahan, overstatement, Payroll, phase, restructuring, reversal, reversed, streamline, sufficient, understatement, weighing, workflow

Removed: abuse, accommodate, accurately, addressing, adversely, agency, agreed, al, alleged, allocating, allocation, Almendariz, alter, April, asserting, attend, attribute, August, beginning, Boroditsky, Boroditzky, breach, broader, calculating, cancel, capacity, captioned, characterized, closed, collectively, complaint, complexity, continuing, court, declared, decline, deem, defendant, derivative, difficult, discontinued, disease, dismissed, disrupted, District, downplayed, drop, duty, Emergency, epidemic, essential, exacerbated, exercise, exposed, Facilitation, factual, failure, fiduciary, filing, fulfilling, group, guidance, harmed, heading, health, hedging, Herrera, human, ii, Ill, implemented, implementing, inadequate, inconsistent, industry, initial, innovation, international, intraperiod, issuance, Klein, lengthen, LIBOR, licensed, limit, London, misleading, month, motion, nominal, noncurrent, Northern, October, optional, order, Organization, originally, outbreak, owed, pendency, pending, performing, plaintiff, pled, population, postpone, predicted, prejudice, priority, projected, promulgated, prospective, provisioning, public, purported, purportedly, receivable, recognizing, recoverable, Reform, regression, representation, represented, representing, resolved, response, return, satisfactory, satisfy, shareholder, shifted, significance, Simplification, situation, specific, spending, spread, stayed, Subsequently, successful, suit, Summer, temporarily, thereunder, threat, transmission, uncertain, uncertainty, uneven, variability, waste, widespread, work, world, wrongdoing

From filing 10-Q 2022 Q1

Financial reports

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