OneSpan (US:OSPN)2025-05-01 20:45Financial Performance - The company's market capitalization is approximately $570 million as of April 30, 2025 [5] - Total revenue for the trailing twelve months (TTM) is $242 million [5, 9] - The company has $105 million in cash and equivalents [5, 31] - Q1 2025 revenue was $63 million, a decrease of 2% year-over-year [26, 27, 35] - Q1 2025 subscription revenue grew by 9% to $44 million [28, 29] - Annual Recurring Revenue (ARR) grew by 9% to $168 million [5, 30, 31, 40] - Net Recurring Revenue (NRR) is at 107% [5, 31] - Adjusted EBITDA for Q1 2025 was $23 million, representing a 36% margin [31] - Non-GAAP EPS for Q1 2025 was $0.45 [31] - The company paid a quarterly cash dividend of $0.12 per share in Q1 2025 [31] Business Segments - Security Solutions accounted for $180 million (74%) of the total revenue [9] - Digital Agreements contributed $62 million (26%) to the total revenue [9] - Security Solutions subscription revenue grew by 5% [15] - Digital Agreements revenue grew by 16% [20]