Event-Driven Stocks

ON24 INC.

ONTFNYSE

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$139.3M$148.1M$163.7M$190.9M$203.6M$156.9M
Operating income−$35.8M−$50.7M−$62.0M−$59.6M−$23.6M$21.8M
Net income−$28.9M−$42.2M−$51.8M−$58.2M−$24.3M$20.8M
Total assets$228.4M$251.0M$280.3M$425.5M$480.5M$156.7M
Total liabilities$88.9M$91.5M$100.1M$117.5M$125.4M$146.5M
Equity$139.4M$159.4M$180.2M$308.0M$355.1M−$143.7M
EPS (diluted)$-0.68$-1.01$-1.16$-1.23$-0.57$0.35
Shares out.42.3M41.7M47.4M47.8M47.7M10.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−25.7%
Net margin
−20.7%
Return on equity
−20.7%
Return on assets
−12.6%
Return on capital (ROCE)
−24.6%
Liabilities / assets
38.9%
Debt / equity
0.64×
Book value / share
$3.29
Revenue growth (YoY)
−5.9%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-1.25distress
Accruals / assets
−15.9%clean
Beneish M-Score
-3.29normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
48
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 3 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
4 acquisitions8 disposalsnet −473,912 shares · last 12
InsiderDateTypeSharesPrice
Lynrock Lake Lp10% ownerApr 1, 2026D141,095$8.10
Zingale AnthonyDirectorApr 1, 2026D137,265—
Mitchell Ronald PaulDirectorApr 1, 2026D141,095—
Arora AnilDirectorApr 1, 2026D157,903—
Anania TeresaDirectorApr 1, 2026D141,095—
Trempont DominiqueDirectorApr 1, 2026D276,389—
Zwarenstein BarryDirectorApr 1, 2026D154,586—
Vattuone StevenOfficer — Chief Financial OfficerApr 1, 2026Grant79,935$0.00
Sahasi JayeshOfficer — EV President, Product and CTOApr 1, 2026Grant61,489$0.00
Blackie JamesOfficer — Chief Revenue OfficerApr 1, 2026Grant59,029$0.00
Sharan SharatOfficer — President and Chief ExecutiveApr 1, 2026Grant478,725$0.00
Sahasi JayeshOfficer — EV President, Product and CTOMar 20, 2026Sell3,662$8.07

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 31, 20261.2M1.8+3.5%
Mar 13, 20261.2M2.0+10.0%
Feb 27, 20261.1M2.1+18.3%
Feb 13, 2026915,4581.9+34.9%
Jan 30, 2026678,6401.8+3.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)