OneSpan Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	85.55	83.16	43	96.17	63.38	88.39
Short-Term Investments	-	-	-	2.33	35.11	26.86
Cash & Short-Term Investments	85.55	83.16	43	98.5	98.49	115.25
Cash Growth	10.42%	93.39%	-56.34%	0.01%	-14.55%	4.97%
Accounts Receivable	44.2	64.92	69.53	69.65	61.31	64.74
Receivables	44.2	64.92	69.53	69.65	61.31	64.74
Inventory	11.24	10.79	15.55	12.05	10.35	13.09
Prepaid Expenses	6.88	6.55	6.58	6.22	7.59	7.84
Restricted Cash	-	0.17	0.53	1.21	-	-
Other Current Assets	9.67	9.48	11.16	10.76	9.36	6.26
Total Current Assets	157.53	175.07	146.34	198.39	187.09	207.18
Property, Plant & Equipment	29.07	28.69	24.89	20.7	19.95	23.19
Goodwill	102.29	92.37	93.68	90.51	96.17	97.55
Other Intangible Assets	9.98	7.48	10.83	12.48	21.27	27.2
Long-Term Accounts Receivable	-	-	-	-	-	1.88
Long-Term Deferred Tax Assets	28.99	20.52	1.72	1.9	3.79	7.03
Long-Term Deferred Charges	11.65	12.43	10.77	-	-	-
Other Long-Term Assets	4.02	2.19	0.95	11.1	14	11.18
Total Assets	343.52	338.73	289.19	335.08	342.27	375.2
Accounts Payable	10.38	13.31	17.45	17.36	8.2	5.68
Accrued Expenses	16.89	17.98	23.37	24.12	22.68	20.73
Current Portion of Leases	2.32	2.35	2.03	2.26	2.48	2.86
Current Income Taxes Payable	9.34	4.4	2.65	2.44	1.1	2.62
Current Unearned Revenue	50.54	67.47	69.33	64.64	54.62	43.42
Other Current Liabilities	0.56	4.77	-	-	-	-
Total Current Liabilities	90.03	110.28	114.83	110.81	89.08	75.3
Long-Term Leases	6.45	6.93	6.82	8.44	10.18	12.4
Long-Term Unearned Revenue	2.82	3.39	4.15	6.27	9.13	11.73
Pension & Post-Retirement Benefits	-	1.83	2.55	2.3	7.46	10.14
Long-Term Deferred Tax Liabilities	1.01	3.68	1.07	1.2	1.29	1.91
Other Long-Term Liabilities	4.89	0.09	0.62	2.75	5.36	6.38
Total Liabilities	105.2	126.2	130.05	131.77	122.49	117.86
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	127.73	122.53	118.62	107.31	100.25	98.82
Retained Earnings	170.94	151.26	98.94	128.74	143.17	173.73
Treasury Stock	-53.68	-47.38	-47.38	-18.22	-12.5	-5.03
Comprehensive Income & Other	-6.7	-13.92	-11.08	-14.55	-11.18	-10.22
Shareholders' Equity	238.32	212.53	159.14	203.31	219.78	257.34
Total Liabilities & Equity	343.52	338.73	289.19	335.08	342.27	375.2
Total Debt	8.78	9.28	8.85	10.7	12.66	15.25
Net Cash (Debt)	76.78	73.88	34.15	87.8	85.83	100
Net Cash Growth	13.06%	116.33%	-61.10%	2.29%	-14.17%	4.32%
Net Cash Per Share	1.97	1.89	0.85	2.19	2.17	2.50
Filing Date Shares Outstanding	38.03	38.18	37.79	40	39.99	40.05
Total Common Shares Outstanding	37.95	38.06	37.52	39.73	39.99	40.05
Working Capital	67.5	64.79	31.51	87.57	98.01	131.87
Book Value Per Share	6.28	5.58	4.24	5.12	5.50	6.43
Tangible Book Value	126.05	112.68	54.63	100.32	102.34	132.59
Tangible Book Value Per Share	3.32	2.96	1.46	2.53	2.56	3.31
Machinery	13.48	12.18	12.23	18.71	18.55	17.37
Leasehold Improvements	8	7.64	7.46	9.93	10.3	10.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.