← OppFi Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net revenue | $114.9m | $200.2m | $263.7m | $217.0m | $273.2m | $321.5m | $381.2m | $608.7m | |
| Other revenue | $924k | $789k | $1.5m | $1.4m | $3.5m | $4.7m | $5.3m | — | |
| Salaries and employee benefits | $23.7m | $44.2m | $65.0m | $60.0m | $60.7m | $60.5m | $60.7m | — | |
| Income from operations | $33.0m |
($191k)
-100.58%
|
$57.3m
+30003.90%
|
($6.3m)
-111.08%
|
$46.4m
+830.92%
|
$94.5m
+103.94%
|
$166.7m
+76.31%
|
$390.5m
+134.31%
|
|
| Interest expense and amortized debt issuance costs | $21.9m | $20.7m | $24.1m | $35.2m | $46.8m | $44.7m | $39.4m | — | |
| Interest and other income | $229.1m | $291.0m | $350.6m | $452.9m | $508.9m | $526.0m | $597.0m | — | |
| Income from equity method investment | — | — | — | $0 | $0 | $1.4m | $5.0m | — | |
| Income before income taxes | $33.0m | $77.5m | $90.1m | $3.1m | $41.8m | $88.1m | $156.1m | $192.1m | |
| Income tax expense | $0 | $0 | $311k | ($277k) | $2.3m | $4.2m | $9.9m | $12.2m | |
| Net income | $33.0m |
$77.5m
+134.93%
|
$89.8m
+15.84%
|
$3.3m
-96.28%
|
$39.5m
+1082.01%
|
$83.8m
+112.36%
|
$146.2m
+74.44%
|
$66.1m
-54.80%
|
|
| Net income (loss) attributable to OppFi Inc. | $33.0m | ($186k) | $25.6m | $7.1m | ($1.0m) | $7.3m | $26.3m | $66.1m | |
| Less: net income attributable to noncontrolling interest | — | — | $64.2m | ($3.8m) | $40.5m | $76.6m | $119.9m | — | |
| Basic (in dollars per share) | $0.00 | $0.00 | $6.79 | $0.24 | $2.41 | $4.16 | $5.52 | — | |
| Diluted (in dollars per share) | $0.00 | $0.00 | $6.79 | $0.04 | $2.41 | $4.16 | $5.52 | — | |
| Interest on finance receivables | $228.2m | $290.2m | $349.0m | $451.4m | $505.4m | $521.2m | $591.8m | — | |
| Change in fair value of finance receivables | $0 | $0 | ($86.0m) | ($234.0m) | ($231.4m) | ($204.4m) | ($215.9m) | — | |
| Provision for credit losses on finance receivables | ($99.4m) | ($81.6m) | ($929k) | ($1.9m) | ($4.3m) | ($42k) | $0 | — | |
| Direct marketing costs | $11.3m | $18.6m | $52.5m | $58.3m | $50.6m | $49.2m | $50.9m | — | |
| Professional fees | $2.9m | $6.6m | $18.8m | $12.9m | $18.0m | $21.6m | $20.1m | — | |
| Technology costs | $4.6m | $7.6m | $10.1m | $13.1m | $12.5m | $12.2m | $12.4m | — | |
| Payment processing fees | $2.7m | $4.1m | $7.5m | $10.4m | $10.4m | $7.1m | $6.6m | — | |
| Depreciation and amortization | $4.3m | $6.7m | $10.3m | $13.6m | $12.7m | $9.6m | $5.2m | $4.0m | |
| Occupancy | $2.1m | $3.1m | $3.8m | $4.4m | $4.4m | $4.0m | $4.1m | — | |
| Exit costs, net | — | — | — | $0 | $0 | $3.0m | ($1.4m) | — | |
| Lower of cost or market adjustment on transfer of finance receivables from held for sale to held for investment | — | — | $0 | $0 | ($3.0m) | $0 | $0 | — | |
| General, administrative and other | $7.9m | $190k | $13.9m | $11.9m | $13.6m | $15.1m | $16.6m | — | |
| Change in fair value of warrant liabilities | $0 | $0 | $26.4m | $9.4m | ($5.0m) | ($8.2m) | ($11.3m) | — | |
| Other (expense) income, net | — | — | — | — | $431k | $318k | ($4.2m) | — | |
| Total expenses | $81.9m | $122.7m | $206.4m | $223.3m | $226.8m | $226.9m | $214.5m | $218.1m |