ONTF - ON24, Inc. Stock Price, Fair Value and News

6.59USD-0.04 (-0.60%)Delayed as of 22 Apr 2024, 10:51 am ET

Market Summary

USD6.59-0.04

Delayedas of 22 Apr 2024, 10:51 am

-0.60%

ONTF Alerts

1 major insider sales recently.

ONTF Stock Price

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ONTF RSI Chart

ONTF Valuation

Market Cap

276.3M

Price/Earnings (Trailing)

-5.34

Price/Sales (Trailing)

1.69

EV/EBITDA

-4.92

Price/Free Cashflow

-19.21

ONTF Price/Sales (Trailing)

ONTF Profitability

Operating Margin

71.74%

EBT Margin

-31.03%

Return on Equity

-28.74%

Return on Assets

-18.48%

Free Cashflow Yield

-5.21%

ONTF Fundamentals

ONTF Revenue

Revenue (TTM)

163.7M

Rev. Growth (Yr)

-15.53%

Rev. Growth (Qtr)

0.29%

ONTF Earnings

Earnings (TTM)

-51.8M

Earnings Growth (Yr)

18.59%

Earnings Growth (Qtr)

13.94%

Breaking Down ONTF Revenue

52 Week Range

5.919.55

(Low)(High)

Last 7 days

-5.1%

Last 30 days

-3.6%

Last 90 days

-6.9%

Trailing 12 Months

-23.3%

How does ONTF drawdown profile look like?

ONTF Financial Health

Current Ratio

2.64

Debt/Equity

0.01

Debt/Cashflow

-6.24

ONTF Investor Care

Buy Backs (1Y)

13.62%

Diluted EPS (TTM)

-1.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
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

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of ON24, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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
Mar 01, 2024	blackie james	sold	-38,545	6.8819	-5,601	chief revenue officer
Mar 01, 2024	vattuone steven	sold	-39,564	6.8819	-5,749	chief financial officer
Mar 01, 2024	sahasi jayesh	sold	-38,545	6.8819	-5,601	ev president, product and cto
Feb 26, 2024	sahasi jayesh	sold	-143,326	7.1126	-20,151	ev president, product and cto
Feb 20, 2024	vattuone steven	sold	-84,513	8.1451	-10,376	chief financial officer
Feb 20, 2024	blackie james	sold	-145,789	8.1451	-17,899	chief revenue officer

Which funds bought or sold ONTF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Allspring Global Investments Holdings, LLC	sold off	-100	-77,586	-	-%
Apr 16, 2024	FLAGSHIP HARBOR ADVISORS, LLC	new	-	154,835	154,835	0.01%
Apr 09, 2024	ADIRONDACK TRUST CO	unchanged	-	81.00	4,819	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	added	413	1,367,620	1,742,390	0.01%
Apr 05, 2024	CWM, LLC	added	0.01	-9,000	89,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	43.97	305	1,192	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-22.21	-616,375	18,865,400	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	57.33	1,781,070	3,639,080	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-5.36	18,391	121,659	-%
Feb 20, 2024	Quarry LP	reduced	-74.22	-32,693	15,453	-%

Are Funds Buying or Selling ONTF?

Are funds buying ONTF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ONTF

No. of Funds

ONTF Alerts

1 major insider sales recently.

Unveiling ON24, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 26, 2024	indaba capital management, l.p.	10.2%	4,240,256	SC 13D/A
Feb 14, 2024	greenhouse funds lllp	1.0%	4e+05	SC 13G/A
Feb 13, 2024	sharan sharat	10.7%	75	SC 13G/A
Feb 13, 2024	vanguard group inc	5.77%	2,394,085	SC 13G/A
Jan 29, 2024	blackrock inc.	6.4%	2,657,695	SC 13G/A
Jan 18, 2024	indaba capital management, l.p.	10.2%	4,240,256	SC 13D/A
Jan 16, 2024	lynrock lake lp	17.7%	7,329,759	SC 13D/A
Aug 11, 2023	lynrock lake lp	16.7%	7,329,759	SC 13D/A
Mar 13, 2023	lynrock lake lp	15.3%	7,329,759	SC 13D/A
Mar 13, 2023	indaba capital management, l.p.	8.8%	4,240,256	SC 13D/A

Recent SEC filings of ON24, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	4	Insider Trading
Apr 01, 2024	144	Notice of Insider Sale Intent
Mar 14, 2024	10-K	Annual Report
Mar 14, 2024	8-K	Current Report
Mar 14, 2024	S-8	Employee Benefits Plan
Mar 13, 2024	4	Insider Trading
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

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	262.3B	34.9B	-11.66%	36.89%	63.41	7.52	11.18%	1888.46%
UBER	143.7B	37.3B	-11.98%	119.75%	76.17	3.86	16.95%	120.64%
ADSK	46.3B	5.3B	-17.50%	11.24%	50.51	8.66	9.15%	48.14%
ANSS	28.0B	2.3B	-6.19%	-0.42%	56.01	12.35	9.90%	-4.45%
ZM	17.9B	4.5B	-11.08%	-9.51%	28.05	3.95	3.06%	514.65%
MID-CAP
APPF	7.4B	620.4M	-8.38%	60.84%	2.7K	11.97	31.48%	103.97%
LYFT	6.2B	4.4B	-15.89%	64.13%	-18.29	1.41	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.2B	881.7M	-12.66%	33.07%	39.86	3.63	4.64%	44.42%
AI	2.5B	296.4M	-27.64%	0.10%	-9.19	8.43	11.14%	-3.59%
AGYS	2.2B	228.1M	3.51%	-4.00%	25.62	9.81	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	188.7M	572.4M	-35.44%	-85.10%	-0.95	0.33	-19.38%	-489.49%
ASUR	178.5M	119.1M	-16.23%	-58.21%	-19.37	1.5	24.27%	36.31%
AEYE	145.8M	31.3M	23.45%	91.88%	-24.84	4.66	4.69%	43.72%

ON24, Inc. News

Latest updates

ON24, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	0.3%	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	-7.7%	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	3.4%	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	-2.1%	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	-4.0%	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	-3.8%	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	-0.5%	-0.28	-0.28	-0.28	-0.29	-0.27	-0.26	-0.23	-0.16	-0.10	0.00	0.08	0.14	0.16	-	-	-	-
Interest Expenses	-27.8%	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	322.0%	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	17.2%	-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	-0.6%	-0.31	-0.31	-0.31	-0.32	-0.30	-0.28	-0.26	-0.18	-0.12	-0.03	0.06	0.11	0.13	-	-	-	-
Net Income	13.9%	-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	-0.1%	-0.32	-0.32	-0.32	-0.33	-0.30	-0.28	-0.26	-0.18	-0.12	-0.03	0.05	0.11	0.13	-	-	-	-
Free Cashflow	38.6%	-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	3,184,000	10,347,000	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-2.0%	280	286	321	402	425	430	445	462	480	488	489	488	157
Current Assets	-1.8%	254	258	292	370	391	393	407	427	449	458	458	457	127
Cash Equivalents	392.5%	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	7.1%	100	93.00	104	111	118	114	126	130	125	124	126	128	147
Current Liabilities	8.0%	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	-6.4%	180	193	217	291	308	316	319	333	355	364	363	360	-143
Retained Earnings	-3.3%	-305	-295	-284	-271	-253	-241	-227	-211	-195	-186	-176	-174	-171
Additional Paid-In Capital	-0.6%	485	488	501	562	563	559	549	545	551	549	539	534	28.00
Shares Outstanding	-3.3%	41.00	43.00	45.00	47.00	48.00	48.00	47.00	48.00	44.00	42.00	40.00	33.00	-
Float	-	-	-	246	-	-	-	361	-	-	-	735	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	70.0%	-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	1.4%	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	307.8%	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	40.3%	-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	-38.8%	15,327	25,026	23,500	10,720	7,929	-	7,515	13,074	7,228	-	-	-	-	-	-	-	-

ONTF Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 163,708	$ 190,872	$ 203,613
Cost of revenue
Total cost of revenue	46,263	52,785	47,365
Gross profit	117,445	138,087	156,248
Operating expenses
Sales and marketing	89,200	109,599	104,063
Research and development	41,122	44,102	34,835
General and administrative	49,124	43,969	40,940
Total operating expenses	179,446	197,670	179,838
Loss from operations	(62,001)	(59,583)	(23,590)
Interest expense	93	181	464
Other (income) expense, net	(11,303)	(2,514)	487
Loss before provision for (benefit from) income taxes	(50,791)	(57,250)	(24,541)
Provision for (benefit from) income taxes	995	958	(285)
Net loss	(51,786)	(58,208)	(24,256)
Cumulative preferred dividends allocated to preferred stockholders	0	0	(558)
Net loss attributable to common stockholders	$ (51,786)	$ (58,208)	$ (24,814)
Net loss per share attributable to common stockholders:
Basic (in dollars per share)	$ (1.16)	$ (1.23)	$ (0.57)
Diluted (in dollars per share)	$ (1.16)	$ (1.23)	$ (0.57)
Weighted-average shares used in computing net loss per share attributable to common stockholders:
Basic (in shares)	44,644,792	47,486,225	43,562,604
Diluted (in shares)	44,644,792	47,486,225	43,562,604
Subscription and other platform
Revenue
Total revenue	$ 149,882	$ 171,841	$ 175,876
Cost of revenue
Total cost of revenue	34,751	39,241	33,400
Professional services
Revenue
Total revenue	13,826	19,031	27,737
Cost of revenue
Total cost of revenue	$ 11,512	$ 13,544	$ 13,965

ONTF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 53,209	$ 26,996
Marketable securities	145,497	301,125
Accounts receivable, net of allowances and reserves of $3,621 and $2,930 as of December 31, 2023 and December 31, 2022, respectively	37,939	43,757
Deferred contract acquisition costs, current	12,428	13,136
Prepaid expenses and other current assets	4,714	6,281
Total current assets	253,787	391,295
Property and equipment, net	5,371	7,212
Operating right-of-use assets	2,981	5,606
Intangible asset, net	1,305	1,979
Deferred contract acquisition costs, non-current	15,756	17,773
Other long-term assets	1,102	1,608
Total assets	280,302	425,473
Current liabilities
Accounts payable	1,914	4,611
Accrued and other current liabilities	16,907	18,465
Deferred revenue	74,358	83,453
Finance lease liabilities, current	127	1,554
Operating lease liabilities, current	2,779	2,648
Total current liabilities	96,085	110,731
Operating lease liabilities, non-current	2,483	5,040
Other long-term liabilities	1,517	1,741
Total liabilities	100,085	117,512
Commitments and contingencies (Note 10)
Stockholders’ equity
Common stock, $0.0001 par value per share; 500,000,000 shares authorized as of December 31, 2023 and 2022; 41,189,321 and 47,554,801 shares issued and outstanding as of December 31, 2023 and 2022, respectively	4	5
Additional paid-in capital	485,291	562,555
Accumulated deficit	(305,513)	(253,727)
Accumulated other comprehensive income (loss)	435	(872)
Total stockholders’ equity	180,217	307,961
Total liabilities and stockholders’ equity	$ 280,302	$ 425,473

About ON24, Inc.

ON24, Inc. provides a cloud-based digital engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Experience products, such as ON24 Elite, a live and interactive webinar experience; ON24 Breakouts, a live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, a live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, a live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, a live and large scale managed virtual event experience. It also offers ON24 Engagement Hub, a multimedia content experience; ON24 Target, a personalized and curated landing page experience; ON24 Intelligence, an analytics backbone that captures first-person data to power the insights, benchmarking, reporting, and artificial intelligence and machine learning engine; ON24 Connect, an ecosystem of third-party application integrations; and ON24 Services and Platform Support, a portfolio of professional services that provide consulting and support for product and platform adoption. In addition, the company offers professional services, such as experience management, monitoring, premium support, and implementation and other services. It sells its products through direct sales. The company serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service companies. ON24, Inc. was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. The company was incorporated in 1998 and is headquartered in San Francisco, California.

CEO	Mr. Sharat Sharan
WEBSITE	on24.com
INDUSTRY	Software - Apps
EMPLOYEES	640

ON24, Inc. Frequently Asked Questions

What is the ticker symbol for ON24, Inc.? What does ONTF stand for in stocks?

ONTF is the stock ticker symbol of ON24, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ON24, Inc. (ONTF)?

As of Fri Apr 19 2024, market cap of ON24, Inc. is 276.3 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ONTF stock?

You can check ONTF's fair value in chart for subscribers.

What is the fair value of ONTF stock?

You can check ONTF's fair value in chart for subscribers. The fair value of ON24, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ON24, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ONTF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ON24, Inc. a good stock to buy?

The fair value guage provides a quick view whether ONTF is over valued or under valued. Whether ON24, Inc. is cheap or expensive depends on the assumptions which impact ON24, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ONTF.

What is ON24, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, ONTF's PE ratio (Price to Earnings) is -5.34 and Price to Sales (PS) ratio is 1.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ONTF PE ratio will change depending on the future growth rate expectations of investors.