OneSpan Inc. OSPN Income Statement

Onespan inc. (OSPN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
Total revenue
263,454	254,570	248,366	221,136	214,456	212,280	201,987	200,618	196,758	193,291	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	0	-	195,596	211,975	223,075	241,443	252,982	245,588	227,849	201,537	182,376	168,899	158,505	155,047	150,618	147,754	157,136	154,029	163,721	168,814	164,275	168,082	145,854	129,211	0	0	0
Cost of goods sold
Total cost of goods sold
81,993	81,962	83,141	74,424	70,117	64,813	60,858	57,386	57,459	58,777	55,823	54,941	59,037	61,647	65,795	75,952	85,105	97,903	107,308	100,591	90,329	75,895	62,116	59,180	55,925	55,176	54,214	52,549	56,362	54,464	56,510	57,706	56,912	59,970	51,224	44,897	0	0	0
Gross profit
181,461	172,608	165,225	146,712	144,339	147,467	141,129	143,232	139,299	134,514	130,558	123,962	128,465	130,657	129,801	136,023	137,970	143,540	145,674	144,997	137,520	125,642	120,260	109,719	102,580	99,871	96,404	95,205	100,774	99,565	107,211	111,108	107,363	108,112	94,630	84,314	0	0	0
Operating costs
Sales and marketing
61,979	61,503	61,446	63,329	63,911	63,805	62,935	60,852	59,569	58,994	58,362	57,859	58,179	57,347	51,564	46,953	41,276	38,199	38,396	40,283	41,611	42,189	43,257	41,903	41,063	40,323	39,092	38,606	37,992	37,768	38,891	39,577	40,677	40,294	37,028	35,180	0	0	0
Research and development
41,962	42,463	41,820	40,856	36,895	32,197	28,255	24,756	23,060	23,119	23,266	23,580	23,502	23,214	21,609	20,180	18,476	17,457	17,227	17,290	17,954	18,546	20,842	21,466	21,609	21,315	20,065	19,488	18,939	18,794	19,178	19,477	19,517	18,636	16,788	15,328	0	0	0
General and administrative
46,295	43,897	38,961	39,655	40,685	41,589	43,245	42,943	40,321	37,400	32,900	30,700	31,174	31,648	35,830	36,654	34,697	32,489	27,570	24,504	23,133	22,287	22,229	21,258	21,016	21,196	21,354	20,611	20,449	20,071	20,664	22,406	22,424	22,450	21,037	20,267	0	0	0
Amortization / impairment of intangible assets
9,476	9,470	9,516	9,623	9,999	9,852	9,593	9,354	8,811	8,809	8,830	8,823	8,824	8,849	8,217	7,112	6,030	4,942	4,487	4,539	4,548	4,532	4,511	4,482	4,004	3,325	2,684	2,046	1,867	1,905	1,908	1,918	1,953	1,967	1,592	1,214	0	0	0
Total operating costs
159,712	157,333	151,743	153,463	151,490	147,443	144,028	137,905	131,761	128,322	123,358	120,962	121,679	121,058	117,220	110,899	100,479	93,087	87,680	86,616	87,246	87,554	90,839	89,109	87,692	86,159	83,195	80,751	79,247	78,538	80,641	83,378	84,571	83,347	76,445	71,989	0	0	0
Operating income (loss)
21,749	15,275	13,482	-6,751	-7,151	24	-2,899	5,327	7,538	6,192	7,200	3,000	6,786	9,599	12,581	25,124	37,491	50,453	57,994	58,381	50,274	38,088	29,421	20,610	14,888	13,712	13,209	14,454	21,527	21,027	26,570	27,730	22,792	24,765	18,185	12,325	0	0	0
Interest income, net
819	747	706	736	1,007	1,265	1,406	1,534	1,534	1,431	1,297	1,140	966	785	584	462	393	364	333	261	174	118	101	114	144	162	184	198	226	261	346	448	511	543	495	394	0	0	0
Other expense, net
-314	-527	-1,472	385	1,333	2,264	2,381	1,950	924	758	664	967	846	993	798	655	676	38	-16	-977	-1,001	-286	-169	513	529	240	170	291	326	409	590	414	440	500	716	1,217	0	0	0
Income before income taxes
22,254	15,495	12,716	-5,630	-4,811	3,553	888	8,811	9,996	8,381	9,161	5,107	8,598	11,377	13,963	26,241	38,560	50,855	58,311	57,665	49,447	37,920	29,353	21,237	15,561	14,114	13,563	14,943	22,079	21,697	27,506	28,592	23,743	25,808	19,396	13,936	0	0	0
Provision (benefit) for income taxes
7,696	6,706	5,012	-554	-1,194	-293	26,843	31,103	31,176	30,780	711	-1,066	-290	863	5,019	6,589	7,867	8,704	8,619	7,950	6,705	5,309	4,389	4,113	3,480	3,147	3,777	3,844	5,432	5,468	2,094	1,935	1,145	1,557	4,300	3,371	0	0	0
Net income-continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,692	49,715	42,742	32,611	24,964	17,124	12,081	10,967	9,786	11,099	16,647	16,229	25,412	26,657	22,598	24,251	15,096	0	0	0	-
Net income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	901	859	866	873	-175	-176	-210	180	149	23	-172	-630	-1,055	-4,573	-5,055	-6,118	-5,556	0	0	0	-
Net income (loss)
14,558	8,789	7,704	-5,076	-3,617	3,846	-25,955	-22,292	-21,180	-22,399	8,450	6,173	8,888	10,514	8,985	19,689	30,716	42,151	50,593	50,574	43,608	33,484	24,789	16,948	11,871	11,147	9,935	11,122	16,475	15,599	24,357	22,084	17,543	18,133	9,540	8,700	0	0	0
Basic income (loss) per share:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.28	0.35	0.34	0.28	0.28	0.18	0.09	0.08	0.09	0.05	0.06	0.07	0.12	0.19	0.05	0.30	0.16	0.09	0.10	0.06	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.02	0.00	0.00	0.00	-0.01	0.00	0.00	0.01	-0.01	0.00	-0.01	0.00	-0.01	-0.10	-0.02	-0.03	0.00	-
Basic (in dollars per share)
0.00	0.12	0.30	-0.06	-0.14	0.11	-0.02	-0.03	0.04	-0.64	0.07	0.00	0.01	0.13	0.01	0.07	0.06	0.10	0.28	0.35	0.34	0.30	0.28	0.18	0.09	0.07	0.09	0.05	0.07	0.06	0.12	0.18	0.05	0.28	0.06	0.07	0.07	0.06	0.04
Diluted income (loss) per share:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.28	0.35	0.34	0.29	0.28	0.17	0.09	0.09	0.08	0.05	0.06	0.06	0.12	0.19	0.05	0.30	0.15	0.09	0.09	0.06	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.02	0.00	0.00	0.00	-0.01	0.00	0.00	0.01	-0.01	0.00	-0.01	0.00	-0.02	-0.09	-0.02	-0.03	0.00	-
Diluted (in dollars per share)
0.00	0.12	0.30	-0.06	-0.14	0.11	-0.02	-0.03	0.04	-0.64	0.07	0.00	0.01	0.13	0.01	0.07	0.06	0.09	0.28	0.35	0.34	0.31	0.28	0.17	0.09	0.08	0.08	0.05	0.07	0.05	0.12	0.18	0.05	0.28	0.06	0.07	0.06	0.06	0.04
Weighted average common shares outstanding
Basic (in shares)
40,127	80,085	40	40,038	40,036	79,870	39	39,908	39,910	39,840	39,811	39,797	39,760	39,749	39,736	39,710	39,681	39,585	39,580	39,580	39,527	39,360	39,358	39,358	39,272	38,987	38,910	38,908	38,687	38,381	38,136	38,065	37,690	37,631	37,539	37,532	37,518	37,417	37,404
Diluted (in shares)
40,338	80,429	40	40,038	40,036	80,177	39	39,908	40,059	39,775	39,821	39,842	39,770	39,770	39,834	39,769	39,755	39,813	39,733	39,738	39,660	39,595	39,541	39,471	39,389	39,116	39,226	39,226	39,064	38,781	38,833	38,742	38,352	38,446	38,606	38,752	38,468	38,159	38,201
Product and license
Total revenue
190,572	184,173	180,774	156,475	151,344	152,977	148,165	149,704	149,190	147,257	141,725	137,555	148,887	156,057	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of goods sold
62,815	63,393	64,775	56,897	53,837	50,706	48,562	46,324	46,978	48,333	45,934	45,251	49,920	53,191	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services and other
Total revenue
72,882	70,397	67,592	64,661	63,112	59,303	53,822	50,914	47,568	46,034	44,656	41,348	38,615	36,247	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of goods sold
19,178	18,569	18,366	17,527	16,280	14,107	12,296	11,062	10,481	10,444	9,889	9,690	9,117	8,456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-