NASDAQ$OPRT
Oportun Financial Corporation · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Oportun reported a return to GAAP profitability with increased Adjusted EBITDA and reduced operating expenses in the fourth quarter of 2024.
Oportun finished the year stronger than anticipated, returning to GAAP profitability in Q4 2024 with $9 million in net income, a significant increase from a net loss in the prior year. Adjusted EBITDA more than quadrupled, and operating expenses were substantially reduced, contributing to improved financial performance.
- Returned to GAAP profitability with net income of $9 million in the fourth quarter.
- Adjusted EBITDA of $41 million, up 315% year-over-year.
- Total quarterly operating expenses of $89 million, reduced 31% year-over-year.
- Quarterly annualized net charge-off rate of 11.7%, lowest since third quarter of 2022.
Headline financials
Revenue & EPS history
Oportun · Revenue · Quarterly
$251M
Revenue by segment
Oportun · $260M total across 2 segments · Q1 2023
- Interest Income$238M—91.6%
- Non-interest Income$21.9M—8.4%
Forward guidance
Oportun is raising its full year 2025 expectations for Adjusted EPS to $1.10 to $1.30 per share, implying 53% to 81% growth, driven by continued focus on cost discipline and improved credit performance.
Tailwinds
- Raising full year 2025 Adjusted EPS expectations to $1.10 to $1.30 per share.
- Implies 53% to 81% growth in Adjusted EPS for full year 2025.
- Anticipated full year 2025 Adjusted EBITDA of $135 million to $145 million.
- Projected full year 2025 Adjusted Net Income of $53 million to $63 million.
- Expected full year 2025 Annualized Net Charge-Off Rate of 11.5% +/- 50 bps.
Headwinds
- First quarter 2025 total revenue guidance of $225 million to $230 million, lower than Q4 2024.
- First quarter 2025 Adjusted EBITDA guidance of $18 million to $22 million, lower than Q4 2024.
- First quarter 2025 net income is projected to be a loss of $(5.4) million to $(2.2) million.
- Uncertainty in macroeconomic conditions and quarterly volatility in fair value mark-to-market adjustments.
- First quarter 2025 Annualized Net Charge-Off Rate expected to be 12.30% +/- 15 bps, higher than Q4 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+3.1%
Avg return
Earnings day
+4.2%
Avg return
5 days after
+1.9%
Avg return
30 days after
68%
21 / 31 earnings
Positive
+37.6%
Q1 2023
Best reaction
-51.5%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | -7.8% | — | |
| Q4 2025 | -5.1% | -2.7% | -17.9% | |
| Q3 2025 | +1.6% | -7.6% | +3.9% | |
| Q1 2025 | +9.1% | +16.3% | +14.3% | |
| Q4 2024 | +8.3% | +47.2% | -6.6% | |
| Q3 2024 | -6.3% | -3.1% | +20.9% | |
| Q2 2024 | -2.4% | +7.3% | -1.4% | |
| Q1 2024 | +21.4% | +16.2% | -19.2% | |
| Q4 2023 | -2.1% | -17.7% | -37.5% | |
| Q3 2023 | -51.5% | -59.0% | -52.6% | |
| Q2 2023 | +27.4% | +24.4% | +39.5% | |
| Q1 2023 | +37.6% | +26.9% | +51.0% | |
| Q4 2022 | -36.6% | -15.7% | -7.4% | |
| Q3 2022 | +22.0% | +53.1% | +28.1% | |
| Q2 2022 | -24.1% | -24.1% | -50.6% | |
| Q1 2022 | +1.8% | -1.6% | +4.5% | |
| Q4 2021 | -0.5% | -10.2% | -20.0% | |
| Q3 2021 | +8.9% | +15.1% | -11.4% | |
| Q2 2021 | +15.1% | +14.9% | +18.7% | |
| Q1 2021 | +10.8% | +2.6% | +4.5% | |
| Q4 2020 | -1.1% | -3.8% | +27.3% | |
| Q3 2020 | +5.8% | +10.5% | +20.7% | |
| Q2 2020 | +5.3% | +0.4% | -11.5% | |
| Q1 2020 | +9.4% | +9.9% | +104.5% | |
| Q4 2017 | +9.5% | +9.3% | -41.7% | |
| Q4 2019 | +4.7% | +5.4% | -42.8% | |
| Q1 2019 | +4.4% | +3.8% | +8.0% | |
| Q4 2018 | +4.4% | +3.8% | +8.0% | |
| Q3 2018 | +4.4% | +3.8% | +8.0% | |
| Q2 2019 | +4.4% | +3.8% | +8.0% | |
| Q3 2019 | +8.5% | +7.7% | +6.3% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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