OneSpan Inc.
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $108.0M | $101.7M |
| Cost of Revenue | $32.0M | $30.5M |
| Gross Profit | $76.0M | $71.2M |
| Gross Margin | 70.4% | 70.0% |
| Operating Expenses | ||
| Research & Development | $13.6M | $11.6M |
| SG&A Expense | $18.5M | $16.2M |
| Operating Income | $12.4M | $12.6M |
| Operating Margin | 11.5% | 12.4% |
| Interest Expense | — | — |
| Pretax Income | $13.4M | $15.3M |
| Income Tax Expense | $2.6M | $3.5M |
| Net Income | $10.8M | $11.9M |
| Net Margin | 10.0% | 11.7% |
| EPS (Basic) | $0.29 | $0.32 |
| EPS (Diluted) | $0.28 | $0.31 |
| Shares Outstanding (Basic) | 37.4M | 37.3M |
| Shares Outstanding (Diluted) | 38.2M | 38.1M |
| Dividends Per Share | — | — |