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
Website
CEO
Scott Clements
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
One Span Inc., VASCO DATA SECURITY INTERNATIONAL INC
SEC CIK
Corporate docs
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
News
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
Recap: OneSpan Q1 Earnings
3 May 22
OneSpan Q1 EPS $(0.01) Beats $(0.05) Estimate, Sales $52.40M Beat $51.99M Estimate
3 May 22
Earnings Scheduled For May 3, 2022
3 May 22
Press releases
Matthew Moynahan Appointed to OneSpan's Board of Directors
13 Jun 22
OneSpan Strengthens Executive Team with Appointment of Lara Mataac as General Counsel and Chief Compliance Officer
13 Jun 22
OneSpan Welcomes Michael Klieman as Chief Product Officer
23 May 22
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
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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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 |
Recent insider trades
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 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Financial report summary
?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
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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
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
13 Jun 22
8-K
Cost Associated with Exit or Disposal Activities
17 May 22
8-K
OneSpan Reports Results for First Quarter 2022
3 May 22
8-K
Departure of Directors or Certain Officers
5 Apr 22
8-K
OneSpan Reports Results for Fourth Quarter 2021 and Full Year 2021
22 Feb 22
8-K
Cost Associated with Exit or Disposal Activities
21 Dec 21
8-K
OneSpan Appoints Accomplished Cyber Security and Cloud Services
15 Nov 21
8-K
Third Quarter 2021 Financial Results
2 Nov 21
8-K
Departure of Directors or Certain Officers
8 Oct 21
8-K/A
Departure of Directors or Certain Officers
1 Sep 21
Registration and prospectus
S-3
Shelf registration
31 Oct 19
S-8
Registration of securities for employees
19 Jun 19
S-8
Registration of securities for employees
6 Aug 09
424B3
Prospectus supplement
18 Jul 07
POS AM
Prospectus update (post-effective amendment)
23 Apr 07
RW
Registration withdrawal request
23 Jan 06
S-1/A
IPO registration (amended)
23 Jan 06
S-1
IPO registration
17 Jan 06
424B3
Prospectus supplement
21 Jul 05
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEF 14A
Definitive proxy
29 Apr 22
DEFR14A
Revised proxy
8 Jun 21
DEFA14A
Additional proxy soliciting materials
28 May 21
DEFA14A
Additional proxy soliciting materials
28 May 21
DEFA14A
Additional proxy soliciting materials
28 May 21
DFAN14A
Additional proxy materials by non-management
26 May 21
DEFA14A
Additional proxy soliciting materials
25 May 21
DEFA14A
Additional proxy soliciting materials
25 May 21
DFAN14A
Additional proxy materials by non-management
24 May 21
Other
UPLOAD
Letter from SEC
19 Apr 21
UPLOAD
Letter from SEC
24 Mar 21
EFFECT
Notice of effectiveness
8 Nov 19
CORRESP
Correspondence with SEC
4 Nov 19
UPLOAD
Letter from SEC
3 Nov 19
SD
Conflict minerals disclosure
25 May 17
SD
Conflict minerals disclosure
30 May 16
UPLOAD
Letter from SEC
4 Oct 15
CORRESP
Correspondence with SEC
24 Sep 15
UPLOAD
Letter from SEC
10 Sep 15
Ownership
4
OneSpan / Michael J McConnell ownership change
13 Jun 22
4
OneSpan / Sarika Garg ownership change
13 Jun 22
4
OneSpan / JEAN K HOLLEY ownership change
10 Jun 22
4
OneSpan / John Bosshart ownership change
25 May 22
4
OneSpan / Alfred A Nietzel ownership change
20 May 22
4
OneSpan / Michael J McConnell ownership change
19 May 22
4
OneSpan / Garry L Capers ownership change
11 Apr 22
4
OneSpan / T KENDALL HUNT ownership change
7 Apr 22
SC 13G/A
OneSpan / HUNT T KENDALL ownership change
7 Apr 22
4
OneSpan / John Bosshart ownership change
3 Mar 22
Patents
Utility
System, Apparatus and Method for Privacy Preserving Contextual Authentication
17 Mar 22
Methods and systems for authenticating users based on contextual data in a privacy preserving way are disclosed.
Utility
System, apparatus and method for privacy preserving contextual authentication
23 Nov 21
Methods and systems for authenticating users based on contextual data in a privacy preserving way are disclosed.
Utility
Authentication apparatus with a bluetooth interface
1 Jun 21
Methods, apparatus, and systems for securing the interactions of a user with an application using a Bluetooth enabled authentication device are disclosed.
Utility
System and Method for Dynamic Multifactor Authentication
5 Aug 20
A method of authenticating a user.
Transcripts
2022 Q1
Earnings call transcript
3 May 22
2021 Q4
Earnings call transcript
23 Feb 22
2021 Q3
Earnings call transcript
2 Nov 21
2021 Q2
Earnings call transcript
7 Aug 21
2021 Q1
Earnings call transcript
7 May 21
2020 Q4
Earnings call transcript
24 Feb 21
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q2
Earnings call transcript
11 Aug 20
Reddit threads
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22
Daily Discussion Thread - February 22nd, 2022
22 Feb 22
Daily Discussion Thread - February 21st, 2022
21 Feb 22
Daily Discussion Thread - November 2nd, 2021
2 Nov 21
Daily Discussion Thread - November 1st, 2021
1 Nov 21
Daily Discussion Thread - August 4th, 2021
4 Aug 21
Daily Discussion Thread - August 3rd, 2021
3 Aug 21
Daily Discussion Thread - August 2nd, 2021
2 Aug 21