NYSE$OPFI

Oppfi Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

OppFi's financial performance for Q3 2021 was reported, featuring a 47% increase in revenue and a 25% rise in adjusted revenue year-over-year.

OppFi reported strong Q3 2021 results, with revenue up 47% and adjusted revenue up 25% year-over-year. Net originations reached a record $165 million, and net income was $30.4 million.

  • Revenue increased by 47% year over year.
  • Adjusted revenue increased by 25% year over year.
  • Net originations increased by 25% year over year to a record $165 million.
  • Net income was reported at $30.4 million.

Headline financials

Total Revenue

$91.4M

No prior period
EPS (adj)

$0.21

No prior period
Auto-approval rate

58.0%

No prior period
Net charge-offs vs revenue

36.0%

No prior period
Free Cash Flow

$14.1M

No prior period
Net Income

$14.1M

No prior period
Operating Income

$11.5M

No prior period
Gross Profit

$91.3M

No prior period
Cash & Equivalents

$27.6M

No prior period
Total Assets

$441M

No prior period
Stock-Based Comp

$943K

No prior period

Revenue & EPS history

OppFi · Revenue · Quarterly

$91.4M

Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

The company is reiterating its expected full year 2021 financial outlook: • Revenue between $350 and $360 million • Adjusted EBITDA between $120 million to $125 million(1) • Adjusted Net Income between $62 million and $66 million

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 Q3 2021

Historical avgQ3 2021

+3.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+7.0%

Avg return

30 days after

63%

12 / 19 earnings

Positive

+20.6%

Q3 2024

Best reaction

-19.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-4.7%-14.8%
Q4 2025-5.9%-9.9%-10.9%
Q3 2025+4.1%+0.6%-0.9%
Q1 2025+11.6%+25.4%+46.2%
Q4 2024+10.8%-3.2%-11.6%
Q3 2024+20.6%+32.0%+34.8%
Q2 2024+17.0%+36.0%+20.1%
Q1 2024+14.1%+13.3%+19.3%
Q4 2023-19.9%-29.6%-33.4%
Q3 2023+0.4%+5.7%+58.1%
Q2 2023+6.0%+17.4%+21.6%
Q1 2023+5.0%+2.5%+13.4%
Q4 2022+10.9%+13.2%+13.8%
Q3 2022-9.8%+5.1%+14.0%
Q2 2022+0.0%-19.9%-28.6%
Q1 2022-4.5%-19.6%-6.5%
Q4 2021-5.3%+5.3%+5.3%
Q3 2021+3.3%-10.8%-30.0%
Q2 2021-2.2%-16.7%+22.5%

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