← BackOneSpan Inc. · IT systems designOSPN
Low riskNext report: Around Nov 8 (est.)
The short versionA high-quality, profitable business with steady sales. Institutions are adding.
Going well
- Profitable, keeps 30% of sales as profit
- Brings in more cash than it spends
- Buying back shares: share count down 3.2% in 3 years
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 8% to their holdings in the quarter ending June 2026 (110 bought, 75 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$20.62+2.1% that day
- Company value
- $760M
- Share price times all shares
- Price vs profit (P/E)
- 11.6x
- You pay about $12 for each $1 of yearly profit
- Price vs sales
- 3.1x
- Company value is 3.1 times a year of sales
- Dividend yield
- 0.6%
- Yearly dividend as a share of today's price
- Cash vs value
- 6%
- Cash as a share of company value
From OSPN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$60.5M+1.0% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $246.4M, up 2.4% from the 12 months before. Over 5 years, sales grew about 2.4% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.30.1%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.30.0%
- MissProfitable every yearSteady profits, not one good year.5 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$50.5M
- PassShare count not growingNot diluting owners. Falling means buybacks.-3.2% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.73.8%
- Revenue
- $243.2M
- 0.0% vs prior year
- 5-year growth
- +2.4%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 1.50x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $60.5M
- +1.0% YoY
- EPS
- $0.18
- vs $0.21
- Op. margin
- 14.5%
- -3.1 pts
- Gross margin
- 73.6%
- +0.1 pts
- Free cash flow
- -$3.3M
- Share count
- -2.2%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.6
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.0%Institutions added 8.0% to their holdings. 110 bought, 75 sold.
Shares held by institutions35.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.7%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
37MNext reportAround Nov 8 (est.)Estimated from the same quarter last year
- Results filedAug 4
- Results filedAug 5, 2025
- Results filedMay 1, 2025
- Results filedFeb 27, 2025
- Results filedOct 30, 2024
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Option exerciseVictor LimongelliCEO and President
6,299 shares
- +6% of holdings
- Now owns 109,731 shares
- Filed 4 days after trade
- Also: Shares withheld for taxes
Option exerciseLara MataacGeneral Counsel
1,197 shares
- +2% of holdings
- Now owns 76,412 shares
- Filed 4 days after trade
- Also: Shares withheld for taxes
Option exerciseJorge Garcia MartellChief Financial Officer
4,818 shares
- +5% of holdings
- Now owns 95,318 shares
- 2 transactions
- Filed 2 days after trade
- Also: Shares withheld for taxes
Option exerciseAshish JainChief Technology Officer
4,731 shares
- +38% of holdings
- Now owns 17,106 shares
- Filed same day
- Also: Shares withheld for taxes
SoldJorge Garcia MartellChief Financial Officer
20,000 shares at $14.45 · $289K
- -18% of holdings
- Now owns 91,018 shares
- Not a pre-planned sale
- Filed same day