NYSE$ONTF

ON24 Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2020 financial results, demonstrating strong revenue growth and increased customer engagement.

ON24 reported a significant increase in revenue for Q4 2020, with total revenue growing by 123% year-over-year to $53.3 million. The company's ARR also saw substantial growth, increasing by 100% year-over-year to $153.4 million. ON24's operating income was $9.6 million, a notable improvement from the operating loss in Q4 2019. Net income was $9.5 million, or $0.17 per diluted share, compared to a net loss in the same quarter of the previous year.

  • Total revenue increased by 123% year-over-year, reaching $53.3 million.
  • ARR grew by 100% year-over-year, totaling $153.4 million as of December 31, 2020.
  • Operating income was $9.6 million, a significant improvement from the operating loss in Q4 2019.
  • Net income was $9.5 million, or $0.17 per diluted share, compared to a net loss in Q4 2019.

Headline financials

Total Revenue

$53.3M

Previous: $89.1M-40.2%
EPS (adj)

$0.57

Previous: -$3.68+115.5%
Total ARR

$153M

Previous: $76.7M+100.0%
Capital Expenditures

$356K

Previous: $1.16M-69.4%
Free Cash Flow

$10.3M

Previous: -$12.5M+182.3%
Net Income

$9.5M

Previous: -$3.46M+374.7%
Operating Income

$9.6M

Previous: -$3.01M+419.0%
Gross Profit

$43.2M

Previous: $17M+153.8%
Cash & Equivalents

$58.2M

Previous: $18.8M+209.1%
Total Assets

$157M

No prior period
Stock-Based Comp

$1.48M

Previous: $2M-26.1%

Revenue & EPS history

ON24 · Revenue · Quarterly

$53.3M

Q4 2020-40.2%vs Q4 2019
Beat estimate in 9 of 11 quarters(82%)
ActualEstimate

Revenue by segment

ON24 · $40.5M total across 1 segment · Q2 2023

  • Core Platform
    $40.5M

Forward guidance

For the first quarter of 2021, ON24 expects total revenue between $48.5 to $49.0 million, non-GAAP operating income of $0.5 to $1.0 million, and non-GAAP net income per share of $0.00 to $0.01.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-4.1%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-3.5%

Avg return

30 days after

29%

7 / 24 earnings

Positive

+14.1%

Q3 2025

Best reaction

-31.5%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.1%+0.1%+0.9%
Q3 2025+14.1%+11.4%+20.4%
Q2 2025+3.8%+10.6%+15.9%
Q1 2025+0.6%+14.6%+17.2%
Q4 2024-4.1%-8.9%-11.1%
Q3 2024-0.8%-1.7%+0.0%
Q2 2024+1.2%+3.4%+1.7%
Q1 2024-6.5%-4.4%-15.8%
Q4 2023-9.5%-6.4%-11.7%
Q3 2023+2.0%+7.3%+16.9%
Q2 2023-14.4%-15.4%-17.3%
Q1 2023-1.1%-3.3%-8.6%
Q4 2022-19.0%-16.1%-13.2%
Q3 2022+4.3%+7.8%+4.3%
Q2 2022+0.3%-1.3%-9.6%
Q1 2022-6.7%-12.0%-2.8%
Q4 2019-1.9%+17.3%+9.2%
Q4 2021-9.6%-14.6%-11.6%
Q3 2020-2.2%+2.3%-0.7%
Q3 2021-1.7%-5.7%-4.9%
Q2 2020-1.5%-6.8%-5.2%
Q2 2021-31.5%-32.5%-34.0%
Q1 2021-12.8%-12.0%-4.8%
Q4 2020-2.2%-4.5%-19.5%
Q1 2020
Q3 2019

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