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OppFi Reports Record 2024 Financial Results and Growth

Story Highlights
  • OppFi-LLC repaid its Senior Secured Multi-Draw Term Loan Agreement on March 4, 2025.
  • OppFi Inc. reported a 112.4% increase in net income for 2024 and raised its 2025 guidance.
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OppFi Reports Record 2024 Financial Results and Growth

OppFi ( (OPFI) ) just unveiled an announcement.

On March 4, 2025, OppFi-LLC, a subsidiary of OppFi Inc., repaid all outstanding obligations under its Senior Secured Multi-Draw Term Loan Agreement, effectively terminating the agreement. The following day, OppFi Inc. announced its financial results for the fourth quarter and full year 2024, highlighting a significant increase in net income by 112.4% year over year to $83.8 million, and adjusted net income by 99.2% to $82.7 million, both setting company records. The company also raised its adjusted net income guidance for 2025, indicating strong anticipated growth, which positions OppFi favorably in the market and suggests potential positive implications for stakeholders.

More about OppFi

OppFi Inc. is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans.

YTD Price Performance: 15.72%

Average Trading Volume: 1,893,060

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $806.1M

See more data about OPFI stock on TipRanks’ Stock Analysis page.

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