ONTF RSI Chart
Last 7 days
0.6%
Last 30 days
-4.8%
Last 90 days
-22.9%
Trailing 12 Months
-6.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 158.4M | 0 | 0 | 0 |
2023 | 185.4M | 179.3M | 170.9M | 163.7M |
2022 | 202.0M | 198.1M | 196.3M | 190.9M |
2021 | 182.3M | 198.1M | 204.9M | 203.6M |
2020 | 106.1M | 123.0M | 140.0M | 156.9M |
2019 | 0 | 0 | 0 | 89.1M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 29, 2024 | sharan sharat | sold | -144,363 | 6.7255 | -21,465 | president and chief executive |
Apr 24, 2024 | sharan sharat | acquired | - | - | 484,244 | president and chief executive |
Apr 22, 2024 | blackie james | acquired | - | - | 180,000 | chief revenue officer |
Apr 22, 2024 | vattuone steven | acquired | - | - | 243,750 | chief financial officer |
Apr 22, 2024 | sahasi jayesh | acquired | - | - | 187,500 | ev president, product and cto |
Apr 01, 2024 | sharan sharat | sold | -126,901 | 7.1752 | -17,686 | president and chief executive |
Mar 13, 2024 | vattuone steven | sold | -61,680 | 6.6223 | -9,314 | chief financial officer |
Mar 12, 2024 | vattuone steven | sold | -79,663 | 6.6215 | -12,031 | chief financial officer |
Mar 11, 2024 | vattuone steven | sold | -34,171 | 6.6807 | -5,115 | chief financial officer |
Which funds bought or sold ONTF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -42.25 | -19,206 | 21,077 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -72.86 | -431,152 | 140,629 | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | added | 10.13 | -2,745 | 1,267,770 | -% |
May 15, 2024 | MORGAN STANLEY | reduced | -21.48 | -615,795 | 1,518,380 | -% |
May 15, 2024 | OCCUDO QUANTITATIVE STRATEGIES LP | reduced | -54.4 | -240,552 | 169,397 | 0.03% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -94.79 | -2,120,840 | 105,151 | -% |
May 15, 2024 | AQR CAPITAL MANAGEMENT LLC | added | 13.75 | 46,470 | 1,563,120 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -37.72 | -339,705 | 439,974 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | reduced | -38.11 | -799,169 | 1,020,370 | -% |
May 15, 2024 | RBF Capital, LLC | unchanged | - | -8,751 | 84,438 | -% |
Unveiling ON24, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to ON24, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 277.0B | 34.9B | 66.98 | 7.95 | ||||
UBER | 137.2B | 38.6B | 98.72 | 3.56 | ||||
ADSK | 47.3B | 5.3B | 51.62 | 8.85 | ||||
ANSS | 28.6B | 2.2B | 65.84 | 12.85 | ||||
ZM | 19.3B | 4.5B | 30.27 | 4.26 | ||||
MID-CAP | ||||||||
APPF | 8.7B | 671.8M | 113.53 | 12.92 | ||||
LYFT | 6.7B | 4.7B | -36.23 | 1.43 | ||||
ALRM | 3.5B | 895.2M | 38.7 | 3.87 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
AI | 3.2B | 296.4M | -11.7 | 10.73 | ||||
AGYS | 2.7B | 228.1M | 31.34 | 11.99 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
AEYE | 256.1M | 31.6M | -43.61 | 8.1 | ||||
APPS | 253.0M | 572.4M | -1.28 | 0.44 | ||||
ASUR | 193.1M | 117.7M | -19.58 | 1.64 |
ON24, Inc. News
Income Statement (Quarterly) | |||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Revenue | -4.1% | 37,727,000 | 39,337,000 | 39,222,000 | 42,086,000 | 43,063,000 | 46,567,000 | 47,575,000 | 48,238,000 | 48,492,000 | 52,034,000 | 49,362,000 | 52,118,000 | 50,099,000 | 53,286,000 | 42,589,000 | 36,320,000 | 24,746,000 | - |
Cost Of Revenue | -2.3% | 9,782,000 | 10,010,000 | 10,847,000 | 12,200,000 | 13,206,000 | 13,238,000 | 13,302,000 | 13,301,000 | 12,944,000 | 12,731,000 | 12,067,000 | 11,873,000 | 10,694,000 | 10,047,000 | 8,620,000 | 7,962,000 | 6,706,000 | - |
Gross Profit | -4.7% | 27,945,000 | 29,327,000 | 28,375,000 | 29,886,000 | 29,857,000 | 33,329,000 | 34,273,000 | 34,937,000 | 35,548,000 | 39,303,000 | 37,295,000 | 40,245,000 | 39,405,000 | 43,239,000 | 33,969,000 | 28,358,000 | 18,040,000 | - |
Operating Expenses | -2.7% | 40,419,000 | 41,549,000 | 42,440,000 | 45,663,000 | 49,794,000 | 46,959,000 | 49,041,000 | 50,956,000 | 50,714,000 | 48,916,000 | 46,556,000 | 42,727,000 | 41,639,000 | 33,626,000 | 27,128,000 | 21,448,000 | 19,561,000 | - |
S&GA Expenses | -2.8% | 20,074,000 | 20,645,000 | 21,510,000 | 22,628,000 | 24,417,000 | 25,003,000 | 26,553,000 | 28,850,000 | 29,193,000 | 28,082,000 | 26,591,000 | 25,465,000 | 23,925,000 | 20,145,000 | 15,756,000 | 12,729,000 | 12,010,000 | - |
R&D Expenses | -2.7% | 9,109,000 | 9,363,000 | 9,730,000 | 10,930,000 | 11,099,000 | 11,186,000 | 11,324,000 | 10,948,000 | 10,644,000 | 9,613,000 | 9,114,000 | 8,162,000 | 7,946,000 | 6,003,000 | 4,660,000 | 4,513,000 | 4,099,000 | - |
EBITDA Margin | 12.6% | -0.24 | -0.28 | -0.28 | -0.28 | -0.29 | -0.27 | -0.26 | -0.23 | -0.16 | -0.10 | 0.00 | 0.08 | - | - | - | - | - | - |
Interest Expenses | -15.4% | 11,000 | 13,000 | 18,000 | 33,000 | 29,000 | 36,000 | 42,000 | 49,000 | 54,000 | 62,000 | 65,000 | 106,000 | 231,000 | 236,000 | 228,000 | 193,000 | 212,000 | - |
Income Taxes | 7.6% | 495,000 | 460,000 | 109,000 | 230,000 | 196,000 | 795,000 | 40,000 | 41,000 | 82,000 | -220,000 | -32,000 | -282,000 | 249,000 | 174,000 | 31,000 | 37,000 | 55,000 | - |
Earnings Before Taxes | -8.4% | -10,208,000 | -9,415,000 | -11,365,000 | -12,617,000 | -17,394,000 | -11,335,000 | -14,347,000 | -16,171,000 | -15,397,000 | -9,729,000 | -9,432,000 | -2,799,000 | -2,581,000 | 9,679,000 | 6,636,000 | 6,739,000 | -2,004,000 | - |
EBT Margin | 11.3% | -0.28 | -0.31 | -0.31 | -0.31 | -0.32 | -0.30 | -0.28 | -0.26 | -0.18 | -0.12 | -0.03 | 0.06 | - | - | - | - | - | - |
Net Income | -8.4% | -10,703,000 | -9,875,000 | -11,474,000 | -12,847,000 | -17,590,000 | -12,130,000 | -14,387,000 | -16,212,000 | -15,479,000 | -9,509,000 | -9,400,000 | -2,517,000 | -2,830,000 | 9,505,000 | 6,605,000 | 6,702,000 | -2,059,000 | - |
Net Income Margin | 10.4% | -0.28 | -0.32 | -0.32 | -0.32 | -0.33 | -0.30 | -0.28 | -0.26 | -0.18 | -0.12 | -0.03 | 0.05 | - | - | - | - | - | - |
Free Cashflow | 156.0% | 1,100,000 | -1,966,000 | -3,204,000 | -4,870,000 | -4,345,000 | -8,865,000 | -4,181,000 | -3,358,000 | -7,754,000 | -5,616,000 | -1,600,000 | 5,657,000 | - | - | - | - | - | - |
Balance Sheet | |||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 |
Assets | -4.0% | 269 | 280 | 286 | 321 | 402 | 425 | 430 | 445 | 462 | 480 | 488 | 489 | 488 | 157 |
Current Assets | -3.9% | 244 | 254 | 258 | 292 | 370 | 391 | 393 | 407 | 427 | 449 | 458 | 458 | 457 | 127 |
Cash Equivalents | -65.5% | 18.00 | 53.00 | 11.00 | 25.00 | 101 | 27.00 | 36.00 | 80.00 | 98.00 | 165 | 198 | 352 | 389 | 58.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | 9.00 | 9.00 | 10.00 | 9.00 | 9.00 |
Liabilities | -5.3% | 95.00 | 100 | 93.00 | 104 | 111 | 118 | 114 | 126 | 130 | 125 | 124 | 126 | 128 | 147 |
Current Liabilities | -5.0% | 91.00 | 96.00 | 89.00 | 99.00 | 106 | 111 | 107 | 118 | 120 | 120 | 118 | 119 | 120 | 117 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | 2.00 | 3.00 | 3.00 | 4.00 | 26.00 |
Shareholder's Equity | -3.2% | 174 | 180 | 193 | 217 | 291 | 308 | 316 | 319 | 333 | 355 | 364 | 363 | 360 | -143 |
Retained Earnings | -3.5% | -316 | -305 | -295 | -284 | -271 | -253 | -241 | -227 | -211 | -195 | -186 | -176 | -174 | -171 |
Additional Paid-In Capital | 1.2% | 491 | 485 | 488 | 501 | 562 | 563 | 559 | 549 | 545 | 551 | 549 | 539 | 534 | 28.00 |
Shares Outstanding | 1.5% | 42.00 | 41.00 | 43.00 | 45.00 | 47.00 | 48.00 | 48.00 | 47.00 | 48.00 | 44.00 | 42.00 | 40.00 | - | - |
Float | - | - | - | - | 246 | - | - | - | 361 | - | - | - | 735 | - | - |
Cashflow (Quarterly) | |||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Cashflow From Operations | 348.9% | 2,138 | -859 | -2,860 | -4,316 | -4,167 | -7,568 | -3,455 | -2,668 | -6,770 | -4,492 | -894 | 6,871 | 3,704 | 10,703 | 11,479 | 14,031 | 1,329 | - |
Share Based Compensation | -11.8% | 10,337 | 11,726 | 11,565 | 11,605 | 10,121 | 9,435 | 9,903 | 9,698 | 9,507 | 7,855 | 7,831 | 4,970 | 4,994 | 1,476 | 620 | 430 | 403 | - |
Cashflow From Investing | -154.9% | -32,250 | 58,690 | 14,391 | 472 | 88,762 | 5,259 | -40,549 | -7,144 | -46,547 | -21,112 | -155,027 | -42,531 | -520 | 1,644 | -386 | -191 | -97.00 | - |
Cashflow From Financing | 70.0% | -4,636 | -15,457 | -25,905 | -71,874 | -10,947 | -6,754 | 234 | -7,942 | -14,156 | -7,266 | 1,932 | -1,670 | 327,518 | -1,743 | 776 | 1,533 | 238 | - |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | -65.6% | 5,270 | 15,327 | 25,026 | 23,500 | 10,720 | 7,929 | - | 7,515 | 13,074 | 7,228 | - | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenue | ||
Total revenue | $ 37,727 | $ 43,063 |
Cost of revenue | ||
Total cost of revenue | 9,782 | 13,206 |
Gross profit | 27,945 | 29,857 |
Operating expenses | ||
Sales and marketing | 20,074 | 24,417 |
Research and development | 9,109 | 11,099 |
General and administrative | 11,236 | 14,278 |
Total operating expenses | 40,419 | 49,794 |
Loss from operations | (12,474) | (19,937) |
Interest expense | 11 | 29 |
Other income, net | (2,277) | (2,572) |
Loss before provision for income taxes | (10,208) | (17,394) |
Provision for income taxes | 495 | 196 |
Net loss | $ (10,703) | $ (17,590) |
Net loss per share | ||
Basic (in dollars per share) | $ (0.26) | $ (0.37) |
Diluted (in dollars per share) | $ (0.26) | $ (0.37) |
Weighted-average shares used in computing net loss per share | ||
Basic (in shares) | 41,313,674 | 47,304,983 |
Diluted (in shares) | 41,313,674 | 47,304,983 |
Subscription and other platform | ||
Revenue | ||
Total revenue | $ 34,829 | $ 39,364 |
Cost of revenue | ||
Total cost of revenue | 7,346 | 9,889 |
Professional services | ||
Revenue | ||
Total revenue | 2,898 | 3,699 |
Cost of revenue | ||
Total cost of revenue | $ 2,436 | $ 3,317 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 18,292 | $ 53,209 |
Marketable securities | 177,766 | 145,497 |
Accounts receivable, net of allowances and reserves of $3,857 and $3,621 as of March 31, 2024 and December 31, 2023, respectively | 28,523 | 37,939 |
Deferred contract acquisition costs, current | 12,349 | 12,428 |
Prepaid expenses and other current assets | 6,922 | 4,714 |
Total current assets | 243,852 | 253,787 |
Property and equipment, net | 6,130 | 5,371 |
Operating right-of-use assets | 2,650 | 2,981 |
Intangible asset, net | 1,102 | 1,305 |
Deferred contract acquisition costs, non-current | 14,421 | 15,756 |
Other long-term assets | 1,009 | 1,102 |
Total assets | 269,164 | 280,302 |
Current liabilities | ||
Accounts payable | 1,713 | 1,914 |
Accrued and other current liabilities | 13,559 | 16,907 |
Deferred revenue | 73,117 | 74,358 |
Finance lease liabilities, current | 44 | 127 |
Operating lease liabilities, current | 2,867 | 2,779 |
Total current liabilities | 91,300 | 96,085 |
Operating lease liabilities, non-current | 1,775 | 2,483 |
Other long-term liabilities | 1,666 | 1,517 |
Total liabilities | 94,741 | 100,085 |
Commitments and contingencies (Note 8) | ||
Stockholders’ equity | ||
Common stock, $0.0001 par value per share; 500,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 41,796,012 and 41,189,321 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 4 | 4 |
Additional paid-in capital | 490,896 | 485,291 |
Accumulated deficit | (316,216) | (305,513) |
Accumulated other comprehensive income (loss) | (261) | 435 |
Total stockholders’ equity | 174,423 | 180,217 |
Total liabilities and stockholders’ equity | $ 269,164 | $ 280,302 |
 | Mr. Sharat Sharan |
---|---|
 | on24.com |
 | Software - Apps |
 | 640 |