NYSE$OPFI
Oppfi Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
OppFi exceeded earnings guidance and provided outlook for continued profitable growth in 2024.
OppFi reported a 10.7% year-over-year increase in total revenue for Q4 2023, reaching $132.9 million. Net income for the quarter was $1.9 million, and adjusted net income was $8.9 million. The annualized net charge-off rate as a percentage of total revenue improved by 12.9 percentage points year-over-year to 46.4%.
- Total revenue increased 10.7% year over year to $132.9 million for fourth quarter of 2023
- Net income of $1.9 million for fourth quarter of 2023
- Adjusted net income of $8.9 million for fourth quarter of 2023
- Annualized net charge o rate as a percentage of total revenue improved by 12.9 percentage points year over year to 46.4% for fourth quarter of 2023
Headline financials
Revenue & EPS history
OppFi · Revenue · Quarterly
$65.8M
Forward guidance
OppFi provided full-year 2024 guidance with total revenue expected to be between $510 million and $530 million and adjusted net income between $46 million and $49 million. Adjusted EPS is expected to be between $0.53 and $0.57.
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 2023
+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
| Quarter | Report date | Reaction (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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