Standard Premium Finance Holdings, Inc. Holds Successful 2026 Annual Shareholders Meeting, Reports Record Financial Performance and Expanding Footprint

Rhea-AI Summary

Standard Premium Finance (OTCQX: SPFX) reported record results and shareholder actions following its 2026 Annual Meeting held June 12, 2026.

FY 2025 highlights include $158.1M loan originations, Q1 2026 originations of $44.8M, a $79.2M receivables portfolio up ~9% in three months, and net income above $1M with diluted EPS of $0.29 vs. $0.24 in 2024.

The company now holds licenses in 42 states plus DC, has repurchased 77,750 shares (~2.5% of shares) at an average $2.24, and recorded a 64.91% shareholder turnout, electing all directors with 100% of votes cast.

Positive

• Loan originations of $158.1M in FY 2025; $44.8M in Q1 2026
• Receivables portfolio of $79.2M, growing ~9% over three months
• Net income exceeded $1,000,000 for the first time in company history
• Diluted EPS rose to $0.29 in FY 2025 from $0.24 in FY 2024
• Licensing expanded to 42 states plus DC, from 9 states in 2021
• Buyback of 77,750 shares (~2.5% of shares) at $2.24 average price
• 64.91% shareholder turnout; all director nominees elected with 100% of votes cast

Negative

• None.

News Market Reaction – SPFX

+19.81%

+19.81% Session close to close

In the Jun 18 session, SPFX gained 19.81%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MIAMI, June 18, 2026 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (“Standard Premium”), a leading specialty finance company, today announces the compelling results of its 2026 Annual Shareholders Meeting, held on June 12, 2026, in Miami, FL. The meeting featured a comprehensive update on the Company’s financial results and strategic growth initiatives, including a financial presentation now available to shareholders.

At the meeting, management presented strong financial highlights reflecting continued momentum across the business.

• Loan originations of $158.1 million in FY 2025, growing to $44.8 million in Q1 2026 alone;
• A receivables portfolio balance of $79.2 million net of CECL allowances and deferred interest, reflecting approximately 9% growth in just three months;
• Net income exceeding $1,000,000 for the first time in the Company’s history, with diluted earnings per share of $0.29 in FY 2025 compared to $0.24 in FY 2024;
• Active licenses now spanning 42 states and the District of Columbia, up from 9 states in 2021, underscoring the Company’s rapid nationwide expansion; and
• A stock buyback program totaling 77,750 shares (≈2.5% of shares outstanding) at an average price of $2.24 per share.
  

“This year’s shareholder meeting reflects the extraordinary progress Standard Premium has achieved in a short period of time,” says William Koppelmann, CEO, Standard Premium Finance Holdings, Inc. “From surpassing $1 million in net income for the first time in our history, to expanding our license footprint to 42 states and strengthening our credit facility with a consortium of three banks, we have built a platform designed to scale. We remain committed to delivering long-term value for our shareholders as we pursue the final leg of our 50-state licensing strategy and evaluate strategic opportunities.”

At the meeting, shareholders voted with a turnout of 64.91% of total shares represented. All three director nominees, William Koppelmann, Mark Kutner, MD, and Scott Howell, MD, were elected with 100% of votes cast. Shareholders also approved, on an advisory basis, the Company’s executive compensation and voted in favor of a triennial frequency for future advisory compensation votes.

About Standard Premium Finance Holdings, Inc.
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over $2 Billion of property and casualty insurance policies since 1991. We currently operate in 44 states and are seeking M&A opportunities of synergistic businesses to leverage economies of scale. https://www.standardpremium.com/

Cautionary Statement Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.

Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 20, 2026 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com.

Media:
Nicholas Turchiano
CPR Marketing
nturchiano@cpronline.com
201-641-1911x35

FAQ

What record financial results did Standard Premium Finance (OTCQX: SPFX) report for FY 2025?

Standard Premium Finance reported record FY 2025 results, including net income above $1 million for the first time. According to Standard Premium, FY 2025 diluted EPS reached $0.29 versus $0.24 in FY 2024, with loan originations totaling $158.1 million.

How did Standard Premium Finance (SPFX) perform in loan originations in FY 2025 and Q1 2026?

Standard Premium Finance reported FY 2025 loan originations of $158.1 million and $44.8 million in Q1 2026. According to Standard Premium, this lending activity supports a receivables portfolio of $79.2 million, which grew approximately 9% over just three months.

How many states is Standard Premium Finance (SPFX) licensed in after the 2026 shareholder meeting update?

Standard Premium Finance reported active licenses in 42 states and the District of Columbia. According to Standard Premium, this represents significant expansion from nine states in 2021 and supports its strategy to complete a 50-state licensing footprint across the United States.

What were the key outcomes of the 2026 Standard Premium Finance (SPFX) annual shareholders meeting?

The 2026 shareholders meeting achieved 64.91% turnout and elected all three directors with 100% of votes cast. According to Standard Premium, shareholders also approved executive compensation on an advisory basis and chose a triennial frequency for future advisory compensation votes.

Did Standard Premium Finance (SPFX) authorize or complete a stock buyback program in 2025-2026?

Standard Premium Finance completed a stock buyback totaling 77,750 shares, about 2.5% of shares outstanding. According to Standard Premium, the repurchases were executed at an average price of $2.24 per share, reflecting capital deployment toward share reduction.

How did Standard Premium Finance’s (SPFX) receivables portfolio change going into 2026?

Standard Premium Finance reported a receivables portfolio balance of $79.2 million, net of allowances and deferred interest. According to Standard Premium, this portfolio increased approximately 9% over three months, reflecting the impact of loan originations into early 2026.