OppFi Inc. reports news as a tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans. Company updates commonly cover quarterly and annual operating results, revenue from installment and SalaryTap contracts, receivables balances, bank-partner credit products, and the OppLoans by OppFi consumer platform.
Recurring developments also include capital allocation through Class A common stock repurchases, financing and revolving credit arrangements tied to receivables, underwriting and risk-based pricing commentary, and OppFi's equity interest in Bitty Holdings, LLC, which offers revenue-based financing and other working-capital solutions to small businesses.
OppFi (NYSE: OPFI), a tech-enabled digital finance platform, has published supplemental information about its outstanding warrants to purchase Class A common stock. CEO Todd Schwartz highlighted that with warrants approaching expiration within a year, this disclosure aims to help investors evaluate potential impacts on the company's capital structure, including a possible significant capital infusion if warrants are exercised.
The company, which partners with banks to provide financial products to underserved Americans, maintains a 4.5/5.0 star rating on Trustpilot from over 4,900 reviews. OppFi also holds a 35% equity interest in Bitty Holdings, a company providing revenue-based financing to small businesses. The supplemental warrant information is available on OppFi's Investor Relations website and in an SEC Form 8-K filing.
OppFi (NYSE: OPFI), a tech-enabled digital finance platform, reported record Q2 2025 results with total revenue increasing 12.8% year-over-year to $142.4 million. The company achieved a record adjusted net income of $39.4 million, up 59.0% year-over-year, despite GAAP net income declining 58.5% to $11.5 million.
Key operational metrics showed improvement with average yield reaching 136.1% and net charge-off rate decreasing to 31.9%. The company's Model 6 drove growth while maintaining risk standards, achieving a record 80% auto-approval rate with strong customer satisfaction.
Based on strong performance, OppFi raised its full-year 2025 guidance, projecting revenue of $578-605 million and adjusted net income of $125-130 million, up from previous guidance of $563-594 million and $106-113 million respectively.
OppFi (NYSE: OPFI), a tech-enabled digital finance platform, announced that CFO Pam Johnson will present at the Oppenheimer 28th Annual Technology, Internet & Communications Virtual Conference on August 12, 2025 at 3:45 p.m. ET.
The presentation will be accessible via webcast at the company's website and will remain archived for 90 days. OppFi partners with banks to provide financial products to underserved Americans and maintains a 4.5/5.0 star rating on Trustpilot from over 4,900 reviews. The company also holds a 35% equity interest in Bitty Holdings, which provides financing solutions to small businesses.
OppFi Inc. (NYSE: OPFI), a tech-enabled digital finance platform, has scheduled its second quarter 2025 earnings conference call for August 6, 2025, at 9:00 a.m. ET. The company will release its financial results before the market opens on the same day.
Investors can access the conference call through the company's website at investors.oppfi.com or by dialing (800) 343-4136 (domestic) or (203) 518-9843 (international) using the Conference ID: OPPFI. An archived version of the webcast will be available on the company's website after the call.
OppFi (NYSE: OPFI), a tech-enabled specialty finance platform, has released its Spring 2025 Financial Health Survey revealing mixed financial health indicators among its customers. The survey shows that while some customers are experiencing stabilized finances, 70% of respondents express concerns about rising living costs affecting their ability to pay bills.
Key findings highlight significant financial vulnerability, with 24.3% of customers having less than one week's worth of savings. Nearly 70% of customers reported reduced savings since the start of the year, citing inflation and tariffs as major factors. The percentage of customers reporting no macroeconomic impact decreased by 13% year-over-year, indicating widespread economic pressure.
OppFi (NYSE: OPFI), a tech-enabled digital finance platform partnering with banks to provide financial products for everyday Americans, has scheduled its first quarter 2025 earnings release and conference call.
The financial results will be announced before market open on Wednesday, May 7, 2025, followed by a management-hosted conference call at 9:00 a.m. ET the same day. Investors can access the webcast through the company's investor relations website at investors.oppfi.com or join via phone using the provided dial-in numbers.
OppFi (NYSE: OPFI), a tech-enabled digital finance platform, has announced a $0.25 per share special dividend payable on April 18, 2025, to Class A common stockholders of record as of April 8, 2025. The company will also distribute $0.25 per unit to Class A common unit holders of Opportunity Financial,
This marks OppFi's second special dividend as a public company, following the recent payoff of their corporate debt. The company maintains its position as a leading technology and servicing platform in alternative financial services, with a notable 4.5/5.0 star rating on Trustpilot from over 4,900 reviews. Additionally, OppFi holds a 35% equity interest in Bitty Holdings, , a company offering revenue-based financing solutions to small businesses.
OppFi (NYSE: OPFI) has been named 'Best Personal Finance Company' in the ninth annual FinTech Breakthrough Awards, marking its third recognition in four years. The tech-enabled specialty finance platform, which connects community banks with subprime borrowers, stood out among thousands of global nominations.
The company demonstrates strong customer satisfaction metrics with a 4.5/5.0 rating on Trustpilot and an impressive NPS score of 80. CEO Todd Schwartz emphasized the company's dedication to improving the subprime borrower experience while maintaining strong financial performance.
OppFi (NYSE: OPFI) reported strong financial results for Q4 and full-year 2024, with significant year-over-year growth. Net income surged 112.4% to $83.8 million for full-year 2024, marking the company's tenth consecutive profitable year.
Key highlights include:
- Full-year adjusted net income up 99.2% to $82.7 million
- EPS improved to $0.36 from -$0.06 in 2023
- Adjusted EPS increased 95.5% to $0.95
- Net charge-offs decreased 440 basis points to 39.1%
- Average yield increased 416 basis points to 131.4%
The company provided optimistic guidance for 2025, projecting:
- Revenue growth of 7-13% ($563-594 million)
- Adjusted net income growth of 15-17% ($95-97 million)
- Q1 2025 adjusted net income of $22-24 million