Financial Snapshot

Revenue
$150.7M
TTM
Gross Margin
74.4%
TTM
Net Earnings
-$43.16M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
274.5%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$164.9M
Q3 2024
Cash
Q3 2024
P/E
-6.418
Nov 29, 2024 EST
Free Cash Flow
$176.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $163.7M $190.9M $203.6M $156.9M $89.13M $82.60M
YoY Change -14.23% -6.26% 29.74% 76.08% 7.91%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $163.7M $190.9M $203.6M $156.9M $89.13M $82.60M
Cost Of Revenue $46.26M $52.79M $47.37M $33.34M $27.14M $24.90M
Gross Profit $117.4M $138.1M $156.2M $123.6M $61.99M $57.70M
Gross Profit Margin 71.74% 72.35% 76.74% 78.76% 69.55% 69.85%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $138.3M $153.6M $145.0M $82.49M $62.36M $60.30M
YoY Change -9.93% 5.91% 75.79% 32.27% 3.42%
% of Gross Profit 117.78% 111.21% 92.8% 66.73% 100.6% 104.51%
Research & Development $41.12M $44.10M $34.84M $19.28M $15.73M $14.30M
YoY Change -6.76% 26.6% 80.73% 22.54% 10.0%
% of Gross Profit 35.01% 31.94% 22.29% 15.59% 25.37% 24.78%
Depreciation & Amortization $5.360M $5.416M $4.600M $3.000M $2.300M $1.980M
YoY Change -1.03% 17.74% 53.33% 30.43% 16.16%
% of Gross Profit 4.56% 3.92% 2.94% 2.43% 3.71% 3.43%
Operating Expenses $179.4M $197.7M $179.8M $101.8M $78.09M $74.70M
YoY Change -9.22% 9.92% 76.72% 30.31% 4.54%
Operating Profit -$62.00M -$59.58M -$23.59M $21.84M -$16.10M -$17.00M
YoY Change 4.06% 152.58% -208.0% -235.66% -5.29%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $93.00K $181.0K $464.0K $869.0K $1.029M -$1.100M
YoY Change -48.62% -60.99% -46.61% -15.55% -193.55%
% of Operating Profit 3.98%
Other Income/Expense, Net $11.30M $2.514M -$487.0K $76.00K -$42.00K -$300.0K
YoY Change 349.6% -616.22% -740.79% -280.95% -86.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$50.79M -$57.25M -$24.54M $21.05M -$17.17M -$17.40M
YoY Change -11.28% 133.28% -216.58% -222.58% -1.31%
Income Tax $995.0K $958.0K -$285.0K $297.0K $355.0K $200.0K
% Of Pretax Income 1.41%
Net Earnings -$51.79M -$58.21M -$24.26M $20.75M -$17.53M -$17.60M
YoY Change -11.03% 139.97% -216.88% -218.41% -0.41%
Net Earnings / Revenue -31.63% -30.5% -11.91% 13.22% -19.66% -21.31%
Basic Earnings Per Share -$1.16 -$1.23 -$0.57 $0.40 -$3.68
Diluted Earnings Per Share -$1.16 -$1.23 -$0.57 $0.35 -$3.68 -$395.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $198.7M $328.1M $382.6M $61.20M $23.80M $8.900M
YoY Change -39.44% -14.23% 525.09% 157.14% 167.42%
Cash & Equivalents $53.21M $27.00M $164.9M $58.20M $18.80M $6.900M
Short-Term Investments $145.5M $301.1M $217.6M $3.000M $5.000M $2.000M
Other Short-Term Assets $17.14M $19.42M $20.39M $17.60M $7.800M $2.100M
YoY Change -11.72% -4.76% 15.84% 125.64% 271.43%
Inventory
Prepaid Expenses
Receivables $37.94M $43.76M $46.12M $48.60M $22.60M $17.90M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $253.8M $391.3M $449.1M $127.5M $54.20M $29.00M
YoY Change -35.14% -12.86% 252.21% 135.24% 86.9%
Property, Plant & Equipment $8.352M $12.82M $8.780M $9.100M $5.400M $5.700M
YoY Change -34.84% 45.99% -3.52% 68.52% -5.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $16.86M $19.38M $22.65M $20.20M $8.900M $0.00
YoY Change -13.02% -14.42% 12.11% 126.97%
Total Long-Term Assets $26.52M $34.18M $31.43M $29.20M $14.30M $5.700M
YoY Change -22.42% 8.75% 7.63% 104.2% 150.88%
Total Assets $280.3M $425.5M $480.5M $156.7M $68.50M $34.70M
YoY Change
Accounts Payable $1.914M $4.611M $3.123M $4.700M $2.100M $1.900M
YoY Change -58.49% 47.65% -33.55% 123.81% 10.53%
Accrued Expenses $19.69M $21.11M $18.74M $17.40M $11.40M $11.60M
YoY Change -6.76% 12.66% 7.7% 52.63% -1.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $127.0K $1.554M $2.039M $2.400M $1.000M $1.100M
YoY Change -91.83% -23.79% -15.04% 140.0% -9.09%
Total Short-Term Liabilities $96.09M $110.7M $120.1M $116.8M $58.90M $49.60M
YoY Change -13.23% -7.82% 2.85% 98.3% 18.75%
Long-Term Debt $0.00 $91.00K $1.955M $25.70M $23.10M $20.00M
YoY Change -100.0% -95.35% -92.39% 11.26% 15.5%
Other Long-Term Liabilities $4.000M $6.690M $3.317M $4.000M $3.900M $4.200M
YoY Change -40.21% 101.69% -17.08% 2.56% -7.14%
Total Long-Term Liabilities $4.000M $6.781M $5.272M $29.70M $27.00M $24.20M
YoY Change -41.01% 28.62% -82.25% 10.0% 11.57%
Total Liabilities $100.1M $117.5M $125.4M $146.5M $85.90M $73.80M
YoY Change -14.83% -6.29% -14.4% 70.55% 16.4%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 44.64M shares 47.49M shares 43.56M shares 10.02M shares 8.789M shares
Diluted Shares Outstanding 44.64M shares 47.49M shares 43.56M shares 16.19M shares 8.789M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $276.98 Million

About ON24 INC.

ON24, Inc. operates as cloud-based platform, which engages in digital engagement that delivers insights for revenue growth through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company is headquartered in San Francisco, California and currently employs 462 full-time employees. The company went IPO on 2021-02-03. The firm's platform’s portfolio of interactive and personalized digital experience products creates and captures actionable, real-time data from professionals every month to provide businesses with buying signals and behavioral insights to convert prospects into customers. Its portfolio of ON24 Experience products include ON24 Elite, a live, interactive webinar experience; ON24 Forum, a live, interactive experience that facilitates video-to-video interaction between presenters and audiences; ON24 Engagement Hub, an always-on, rich multimedia content experience, and ON24 Target, a personalized and curated, rich multimedia content experience. Its ON24 Experience products are backed by its solutions, including ON24 Intelligence, and ON24 Services & Platform Support.

Industry: Services-Prepackaged Software Peers: 8X8 INC /DE/ Cipher Mining Inc. Rubicon Technologies, Inc. Rimini Street, Inc. MITEK SYSTEMS INC SOUNDTHINKING, INC. Salesforce, Inc. Weave Communications, Inc.