OneSpan Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $193.3M | $192.3M | $241.4M | $201.5M | $155.0M | $154.0M | $168.1M | $108.0M |
| Cost of Revenue | $58.8M | $61.6M | $97.9M | $75.9M | $55.2M | $54.5M | $60.0M | $32.0M |
| Gross Profit | $134.5M | $130.7M | $143.5M | $125.6M | $99.9M | $99.6M | $108.1M | $76.0M |
| Gross Margin | 69.6% | 67.9% | 59.5% | 62.3% | 64.4% | 64.6% | 64.3% | 70.4% |
| Operating Expenses | ||||||||
| Research & Development | $23.1M | $23.2M | $17.5M | $18.5M | $21.3M | $18.8M | $18.6M | $13.6M |
| SG&A Expense | $37.4M | $31.6M | $32.5M | $22.3M | $21.2M | $20.1M | $22.5M | $18.5M |
| Operating Income | $6.2M | $9.6M | $50.5M | $38.1M | $13.7M | $21.0M | $24.8M | $12.4M |
| Operating Margin | 3.2% | 5.0% | 20.9% | 18.9% | 8.8% | 13.7% | 14.7% | 11.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $8.4M | $11.4M | $50.9M | $37.9M | $14.1M | $21.7M | $25.8M | $13.4M |
| Income Tax Expense | $30.8M | $863.0K | $8.7M | $5.3M | $3.1M | $5.5M | $1.6M | $2.6M |
| Net Income | $-22.4M | $10.5M | $42.2M | $33.5M | $11.1M | $15.6M | $18.1M | $10.8M |
| Net Margin | -11.6% | 5.5% | 17.5% | 16.6% | 7.2% | 10.1% | 10.8% | 10.0% |
| EPS (Basic) | $-0.56 | $0.27 | $1.07 | $0.85 | $0.28 | $0.41 | $0.48 | $0.29 |
| EPS (Diluted) | $-0.56 | $0.27 | $1.06 | $0.85 | $0.28 | $0.40 | $0.47 | $0.28 |
| Shares Outstanding (Basic) | 39.8M | 39.7M | 39.6M | 39.3M | 38.9M | 38.1M | 37.6M | 37.4M |
| Shares Outstanding (Diluted) | 39.8M | 39.8M | 39.7M | 39.5M | 39.2M | 38.7M | 38.6M | 38.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |