← OppFi Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Net income | $33.0m | ($186k) | $89.8m | $3.3m | $39.5m | $83.8m | $146.2m | |
| Net Income From Continuing Operations | — | — | — | $3.3m | $39.5m | $83.8m | $146.2m | |
| Depreciation and amortization | $4.3m | $6.7m | $10.3m | $13.6m | $12.7m | $9.6m | $5.2m | |
| Debt issuance cost amortization | $1.8m | $1.9m | $2.3m | $2.4m | $2.4m | $2.4m | $3.2m | |
| Depreciation Amortization Depletion | — | — | — | $13.6m | $12.7m | $9.6m | $5.2m | |
| Deferred income taxes | $0 | $0 | ($544k) | ($553k) | $1.7m | $3.4m | $4.9m | |
| Adjustments to additional paid-in capital as a result of adjustment to deferred tax asset | — | $0 | $0 | $0 | $997k | ($1.3m) | $12.9m | |
| Deferred Income Tax | — | — | — | ($589k) | $1.8m | $3.5m | $6.1m | |
| Deferred Tax | — | — | — | ($589k) | $1.8m | $3.5m | $6.1m | |
| Impairment of right of use asset | — | $0 | $0 | $465k | $0 | $0 | $155k | |
| Asset Impairment Charge | — | — | — | $4.0m | $0 | $0 | $155k | |
| Loss on disposition of equipment | $0 | $0 | $6k | $1k | $3k | $5k | $2k | |
| Income from equity method investment | — | — | — | $0 | $0 | ($1.4m) | ($5.0m) | |
| Distributions received from equity method investment | — | — | — | $0 | $0 | $1.1m | $5.1m | |
| Operating lease, net | — | $0 | $0 | ($7k) | ($90k) | ($170k) | ($276k) | |
| Acquisition of equity method investment | — | — | — | $0 | $0 | ($16.0m) | $0 | |
| Issuance of Class V shares related to equity investment | — | — | — | $0 | $0 | $2.8m | $0 | |
| Operating lease right of use asset recognized | — | — | $0 | $15.5m | $159k | $0 | $0 | |
| Operating lease liability recognized | — | — | $0 | $18.0m | $159k | $0 | $0 | |
| Earnings (Loss)es From Equity Investments | — | — | — | $0 | $0 | ($1.4m) | ($5.0m) | |
| Change in fair value of finance receivables | $0 | $0 | $86.0m | $234.0m | $231.4m | $204.4m | $215.9m | |
| Provision for credit losses on finance receivables | $99.4m | $81.6m | $929k | $1.9m | $4.3m | $42k | $0 | |
| Stock-based compensation expense | $66k | $144k | $3.0m | $3.4m | $4.1m | $5.3m | $10.0m | |
| Tax receivable agreement liability adjustment | $0 | $0 | $296k | ($36k) | $163k | $75k | $1.2m | |
| Change in fair value of warrant liabilities | $0 | $0 | ($26.4m) | ($9.4m) | $5.0m | $8.2m | $11.3m | |
| Gain on forgiveness of debt | — | — | $0 | $0 | ($113k) | $0 | $0 | |
| Noncash litigation expense | — | — | — | — | $0 | $0 | $4.5m | |
| Accrued interest receivable | ($5.1m) | $5.9m | ($2.8m) | ($5.1m) | ($2.3m) | ($285k) | $283k | |
| Settlement receivable | — | $0 | $0 | ($2.0m) | $96k | ($132k) | $2.0m | |
| Other assets | ($1.8m) | $291k | ($5.0m) | $2.5m | $3.5m | $555k | ($3.2m) | |
| Accounts payable | $1.1m | $136k | $3.4m | $238k | ($1.9m) | ($3.6m) | $1.9m | |
| Accrued expenses | $9.5m | $7.2m | $8.2m | ($4.9m) | ($1.4m) | $10.4m | ($2.0m) | |
| Finance receivables acquired and originated | ($476.3m) | ($473.4m) | ($587.6m) | ($738.4m) | ($721.3m) | ($732.0m) | ($1.3b) | |
| Finance receivables repayments | $283.7m | $395.7m | $402.5m | $434.4m | $486.0m | $517.6m | $989.3m | |
| Purchases of equipment and capitalized technology | ($6.6m) | ($10.7m) | ($14.4m) | ($13.2m) | ($9.0m) | ($13.0m) | ($19.1m) | |
| Member distributions | ($9.5m) | ($15.8m) | ($51.0m) | ($1.3m) | ($10.2m) | ($42.4m) | ($58.5m) | |
| Payments of secured borrowing payable | $8.3m | ($1.4m) | $6.4m | ($21.7m) | ($643k) | $0 | $0 | |
| Borrowings of senior debt - revolving lines of credit | — | — | — | — | $186.7m | $217.0m | $253.3m | |
| Payments of notes payable | — | $0 | $0 | ($1.6m) | ($2.6m) | ($1.4m) | $0 | |
| Proceeds from employee stock purchase plan | — | $0 | $0 | $125k | $328k | $294k | $423k | |
| Exercise of warrants | — | — | — | — | $0 | $0 | $5k | |
| Exercise of stock options | — | — | $0 | $0 | $59k | $0 | $1k | |
| Payments of tax withholdings on vesting of restricted stock units | — | — | $0 | $0 | ($280k) | ($1.3m) | ($4.6m) | |
| Payments on tax receivable agreement liability | — | — | — | — | $0 | $0 | ($1.0m) | |
| Purchase of treasury stock | — | $0 | $0 | ($2.5m) | $0 | ($3.6m) | ($15.5m) | |
| Beginning | $36.0m | $1.1m | $62.4m | $49.7m | $73.9m | $88.3m | $93.3m | |
| Forfeitures of Class V shares related to forfeiture of earnout units | — | — | — | $0 | $0 | $2k | $0 | |
| Prepaid insurance financed with promissory notes | — | $0 | $0 | $3.2m | $2.4m | $0 | $0 | |
| Beginning Cash Position | — | — | — | $62.4m | $49.7m | $73.9m | $88.3m | |
| Cash Flow From Continuing Financing Activities | — | — | — | $61.3m | ($27.6m) | ($66.0m) | ($88.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($317.2m) | ($244.3m) | ($243.4m) | ($307.8m) | |
| Change In Account Payable | — | — | — | $238k | ($1.9m) | ($3.6m) | $1.9m | |
| Change In Accrued Expense | — | — | — | ($4.9m) | ($1.4m) | $10.4m | ($2.0m) | |
| Change In Other Current Assets | — | — | — | $2.5m | $3.5m | $555k | ($3.2m) | |
| Change In Other Current Liabilities | — | — | $0 | $0 | — | — | — | |
| Change In Other Working Capital | — | — | — | ($7k) | ($90k) | ($170k) | ($276k) | |
| Change In Payable | — | — | — | $238k | ($1.9m) | ($3.6m) | $1.9m | |
| Change In Payables And Accrued Expense | — | — | — | ($4.6m) | ($3.3m) | $6.8m | ($119k) | |
| Change In Receivables | — | — | — | ($7.1m) | ($2.2m) | ($417k) | $2.3m | |
| Change In Working Capital | — | — | — | ($9.3m) | ($2.0m) | $6.8m | ($1.3m) | |
| Changes In Account Receivables | — | — | — | ($2.0m) | $96k | ($132k) | $2.0m | |
| Changes In Cash | — | — | — | ($12.7m) | $24.3m | $14.3m | $5.0m | |
| End Cash Position | — | — | — | $49.7m | $73.9m | $88.3m | $93.3m | |
| Financing Cash Flow | — | — | — | $61.3m | ($27.6m) | ($66.0m) | ($88.5m) | |
| Free Cash Flow | — | — | — | $230.0m | $287.2m | $310.8m | $382.2m | |
| Gain Loss On Investment Securities | — | — | — | ($9.4m) | $5.0m | $8.2m | $11.3m | |
| Gain Loss On Sale Of PPE | — | — | — | $1k | $3k | $5k | $2k | |
| Interest Received CFO | — | — | $3.0m | $3.4m | $4.1m | — | — | |
| Investing Cash Flow | — | — | — | ($317.2m) | ($244.3m) | ($243.4m) | ($307.8m) | |
| Net Business Purchase And Sale | — | — | — | $0 | $0 | ($16.0m) | $0 | |
| Net PPE Purchase And Sale | — | — | — | ($13.2m) | ($9.0m) | ($13.0m) | ($19.1m) | |
| Operating Gains Losses | — | — | — | ($9.4m) | $4.9m | $6.8m | $6.4m | |
| Other Non Cash Items | — | — | — | $236.3m | $230.9m | $206.9m | $223.5m | |
| Proceeds From Stock Option Exercised | — | — | — | $125k | $387k | $294k | $429k | |
| Provisionand Write Offof Assets | — | — | — | $1.9m | $4.3m | $42k | $0 | |
| Purchase Of Business | — | — | — | $0 | $0 | ($16.0m) | $0 | |
| Purchase Of PPE | — | — | — | ($13.2m) | ($9.0m) | ($13.0m) | ($19.1m) | |
| Repurchase Of Capital Stock | — | — | — | ($2.5m) | $0 | ($3.6m) | ($15.5m) | |
| Stock Based Compensation | — | — | — | $3.4m | $4.1m | $5.3m | $10.0m | |
| Net cash provided by operating activities | $148.9m | ($278k) | $167.3m | $243.3m | $296.1m | $323.8m | $401.3m | |
| Lower of cost or market adjustment on transfer of finance receivables from held for sale to held for investment | — | — | $0 | $0 | ($3.0m) | $0 | $0 | |
| Reclassification of finance receivables held for sale to held for investment | — | — | $0 | $0 | $2.6m | $0 | $0 | |
| Net Other Investing Changes | — | — | — | ($304.0m) | ($235.3m) | ($214.5m) | ($288.7m) | |
| Net cash used in investing activities | ($214.2m) | ($243.4m) | ($199.5m) | ($317.2m) | ($244.3m) | ($243.4m) | ($307.8m) | |
| Payments for debt issuance costs | ($2.3m) | ($2.4m) | ($2.3m) | ($4.5m) | ($1.7m) | ($828k) | ($5.4m) | |
| Issuance Of Debt | — | — | — | $92.7m | $186.7m | $217.0m | $253.3m | |
| Long Term Debt Issuance | — | — | — | $92.7m | $186.7m | $217.0m | $253.3m | |
| Net Issuance Payments Of Debt | — | — | — | $69.4m | ($15.7m) | ($15.8m) | $2.5m | |
| Net Long Term Debt Issuance | — | — | — | $69.4m | ($15.7m) | ($15.8m) | $2.5m | |
| Payments of senior debt - revolving lines of credit | — | — | — | — | ($199.3m) | ($211.4m) | ($220.7m) | |
| Payments of senior debt - term loan | — | — | — | $0 | $0 | ($20.0m) | ($30.0m) | |
| Long Term Debt Payments | — | — | — | ($23.3m) | ($202.5m) | ($232.9m) | ($250.7m) | |
| Repayment Of Debt | — | — | — | ($23.3m) | ($202.5m) | ($232.9m) | ($250.7m) | |
| Net Common Stock Issuance | — | — | — | ($2.5m) | $0 | ($3.6m) | ($15.5m) | |
| Common Stock Payments | — | — | — | ($2.5m) | $0 | ($3.6m) | ($15.5m) | |
| Dividend paid on common stock | — | — | — | $0 | $0 | ($2.4m) | ($6.4m) | |
| Cash Dividends Paid | — | — | — | ($1.3m) | ($10.2m) | ($44.8m) | ($64.9m) | |
| Common Stock Dividend Paid | — | — | — | ($1.3m) | ($10.2m) | ($44.8m) | ($64.9m) | |
| Dividend Received CFO | — | — | — | $0 | $0 | $1.1m | $5.1m | |
| Net Other Financing Charges | — | — | — | ($4.5m) | ($2.0m) | ($2.2m) | ($11.0m) | |
| Net cash used in financing activities | $78.0m | $244.8m | $48.8m | $61.3m | ($27.6m) | ($66.0m) | ($88.5m) | |
| Net increase in cash and restricted cash | $12.8m | $1.1m | $16.7m | ($12.7m) | $24.3m | $14.3m | $5.0m | |
| Change In Cash Supplemental As Reported | — | — | — | ($12.7m) | $24.3m | $14.3m | $5.0m | |
| Interest paid on borrowed funds | $19.7m | $20.0m | $22.0m | $32.1m | $43.7m | $42.6m | $36.1m | |
| Income taxes paid | — | $0 | $0 | $356k | $73k | $475k | $6.1m | |
| Adjustments to additional paid-in capital as a result of tax receivable agreement | — | $0 | $0 | ($1.8m) | $459k | ($1.1m) | ($9.8m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.