Financial Snapshot

Revenue
$373.6M
TTM
Gross Margin
147.13%
TTM
Net Earnings
$7.300M
TTM
Current Assets
$49.60M
Q3 2024
Current Liabilities
$44.16M
Q3 2024
Current Ratio
112.33%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$220.3M
Q3 2024
Cash
Q3 2024
P/E
91.29
Nov 29, 2024 EST
Free Cash Flow
$301.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $508.9M $452.9M $263.7M $200.2M $114.9M $114.2M
YoY Change 12.39% 71.75% 31.69% 74.31% 0.54%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $508.9M $452.9M $263.7M $200.2M $114.9M $114.2M
Cost Of Revenue $10.44M $10.42M $7.480M $4.123M $2.700M $1.100M
Gross Profit $501.5M $442.4M $343.1M $286.9M $226.4M $113.1M
Gross Profit Margin 98.54% 97.7% 130.12% 143.28% 197.1% 98.99%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $138.5M $145.8M $66.32M $28.45M $19.22M $30.08M
YoY Change -5.01% 119.88% 133.13% 48.0% -36.09%
% of Gross Profit 27.62% 32.96% 19.33% 9.92% 8.49% 26.59%
Research & Development $8.600M $12.90M $13.70M $9.000M
YoY Change -33.33% -5.84% 52.22%
% of Gross Profit 1.71% 2.92% 3.99% 3.14%
Depreciation & Amortization $12.74M $13.58M $10.28M $6.732M $4.281M $2.421M
YoY Change -6.23% 32.09% 52.73% 57.27% 76.81%
% of Gross Profit 2.54% 3.07% 3.0% 2.35% 1.89% 2.14%
Operating Expenses $184.4M $190.1M $80.02M $37.45M $19.22M $92.04M
YoY Change -2.98% 137.53% 113.68% 94.82% -79.11%
Operating Profit $317.1M -$6.342M $57.26M $77.52M $33.00M $21.06M
YoY Change -5099.5% -111.08% -26.14% 134.93% 56.64%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$278.2M -$269.1M -$107.9M -$19.28M -$20.65M -$11.98M
YoY Change 3.36% 149.4% 459.57% -6.62% 72.42%
% of Operating Profit -87.73% -188.46% -24.88% -62.59% -56.86%
Other Income/Expense, Net -$4.545M $9.405M $30.54M -$1.945M -$1.785M -$504.1K
YoY Change -148.33% -69.2% -1670.39% 8.93% 254.15%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $41.81M $3.063M $90.10M $77.52M $33.00M $9.733M
YoY Change 1265.0% -96.6% 16.23% 134.93% 239.01%
Income Tax $2.331M -$277.0K $311.0K $0.00 $0.00
% Of Pretax Income 5.58% -9.04% 0.35% 0.0% 0.0%
Net Earnings -$1.005M $7.098M $25.55M $77.52M $33.00M $9.733M
YoY Change -114.16% -72.22% -67.03% 134.93% 239.01%
Net Earnings / Revenue -0.2% 1.57% 9.69% 38.71% 28.72% 8.52%
Basic Earnings Per Share -$0.06 $0.51 $1.93 $0.00 $0.00
Diluted Earnings Per Share -$0.06 $0.08 $1.93 $0.00 $0.00 $88.51K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $73.94M $49.67M $25.06M $25.60M $16.79M
YoY Change 48.87% 98.17% -2.1% 52.49%
Cash & Equivalents $73.94M $49.67M $25.06M $25.60M $16.79M
Short-Term Investments
Other Short-Term Assets $550.0K
YoY Change
Inventory
Prepaid Expenses
Receivables -$346.0K -$96.00K -$803.0K -$55.03M -$53.10M
Other Receivables $1.904M $2.000M $0.00 $0.00 $0.00
Total Short-Term Assets $73.94M $49.67M $25.06M $25.60M $16.79M
YoY Change 48.87% 98.17% -2.1% 52.49%
Property, Plant & Equipment $22.47M $27.63M $14.64M $10.56M $6.570M
YoY Change -18.66% 88.66% 38.69% 60.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $67.93M $60.19M $62.89M $20.06M $19.19M
YoY Change 12.86% -4.3% 213.58% 4.51%
Total Long-Term Assets $527.6M $530.2M $477.0M $260.2M $269.8M
YoY Change -0.48% 11.14% 83.31% -3.56%
Total Assets $601.5M $579.8M $502.1M $285.8M $286.6M
YoY Change
Accounts Payable $4.442M $6.338M $6.100M $1.380M $4.750M
YoY Change -29.91% 3.9% 342.03% -70.95%
Accrued Expenses $37.07M $39.78M $29.60M $22.79M $15.56M
YoY Change -6.82% 34.41% 29.89% 46.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.449M
YoY Change
Total Short-Term Liabilities $42.96M $46.12M $35.70M $24.17M $20.31M
YoY Change -6.85% 29.19% 47.71% 19.0%
Long-Term Debt $334.1M $347.1M $274.0M $158.1M $223.9M
YoY Change -3.73% 26.65% 73.32% -29.38%
Other Long-Term Liabilities $73.40M $73.63M $34.51M $4.240M $4.978M
YoY Change -0.31% 113.34% 713.88% -14.81%
Total Long-Term Liabilities $407.5M $420.7M $308.5M $162.3M $228.9M
YoY Change -3.13% 36.35% 90.05% -29.07%
Total Liabilities $407.5M $420.7M $511.1M $186.5M $249.2M
YoY Change -3.13% -17.7% 174.06% -25.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 16.39M shares 13.91M shares 13.22M shares 0.000 shares 0.000 shares
Diluted Shares Outstanding 16.39M shares 84.26M shares 13.23M shares 0.000 shares 0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $666.44 Million

About OppFi Inc.

OppFi, Inc. operates as financial technology platform, which engages in providing access to credit with digital finance products. The company is headquartered in Chicago, Illinois and currently employs 445 full-time employees. The company went IPO on 2020-09-30. The Company’s platform powers banks to offer accessible lending products through its proprietary technology. Its specialty finance platform focuses on helping these consumers rebuilds their financial health. Its platform provides customer experience in the industry and powers banks to offer credit products. Its primary product is offered by its OppLoans platform. The OppFi platform is a mobile-optimized online application where eligible applicants, at their request, are able to opt into the OppFi TurnUp Program. This program helps these applicants find more affordable credit options by checking the market voluntarily. The company also services customers for its SalaryTap products. SalaryTap is a payroll deduction secured installment loan product.

Industry: Finance Services Peers: AMERICAN EXPRESS CO Atlanticus Holdings Corp CONSUMER PORTFOLIO SERVICES, INC. CURO Group Holdings Corp. MONEYLION INC. LendingTree, Inc. MEDALLION FINANCIAL CORP Oportun Financial Corp Regional Management Corp. Sunlight Financial Holdings Inc.