OneSpan Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $72.9M | $57.1M | $-29.8M | $-14.4M | $-30.6M | $-5.5M | $7.9M | $3.0M |
| Depreciation & Amortization | $10.1M | $8.4M | $6.5M | $7.1M | $8.9M | $12.0M | $11.5M | $12.1M |
| Depreciation | $7.3M | $5.8M | $3.7M | $2.9M | $3.0M | $2.9M | $2.1M | $2.3M |
| Amortization | $2.5M | $2.4M | $2.4M | $4.1M | $5.9M | $9.1M | $9.5M | $9.4M |
| Stock-Based Compensation | $11.2M | $9.0M | $14.3M | $8.6M | $4.4M | $4.7M | $3.4M | $4.0M |
| Net Cash from Operating Activities | $59.5M | $55.7M | $-10.7M | $-5.8M | $-2.7M | $14.9M | $18.2M | $1.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.0M | $9.2M | $12.5M | $5.0M | $2.2M | $3.1M | $7.5M | $3.7M |
| Business Acquisitions | $14.7M | $0 | $1.8M | $0 | $0 | — | — | $53.1M |
| Net Cash from Investing Activities | $-35.6M | $-9.3M | $-12.0M | $46.6M | $-11.0M | $-4.7M | $-9.9M | $194.0K |
| Financing Activities | ||||||||
| Dividends Paid | $18.5M | $0 | $0 | — | — | — | — | — |
| Stock Repurchases | $13.1M | $3.0K | $29.2M | $5.7M | $7.5M | $5.0M | — | — |
| Net Cash from Financing Activities | $-38.4M | $-5.2M | $-32.1M | $-7.3M | $-10.4M | $-7.1M | $-569.0K | $-970.0K |
| Net Change in Cash | $-12.8M | $39.8M | $-53.8M | $33.1M | $-25.0M | $4.1M | $7.6M | $-1.1M |
| Free Cash Flow | $50.5M | $46.4M | $-23.2M | $-10.8M | $-4.9M | $11.8M | $10.8M | $-2.5M |