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OppFi (OPFI)
NYSE:OPFI
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 3.21%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call highlights strong revenue growth, improved credit quality, and operational efficiencies, outweighing the concerns about macroeconomic uncertainties, leading to a positive outlook and increased guidance for 2025.Company Guidance
During the OppFi Fourth Quarter 2024 Earnings Call, the company provided optimistic guidance for 2025, expecting a double-digit percentage increase in revenue and adjusted EPS. The company anticipates total revenue to range between $563 million and $594 million, reflecting a 7% to 13% growth, and adjusted net income to increase by 15% to 17%, reaching $95 million to $97 million. The improved financial outlook is driven by strong growth, operational efficiency, and a significant increase in auto approval rates to nearly 80% in Q4 2024. Moreover, OppFi expects adjusted earnings per share to be between $1.06 and $1.07, supported by enhanced credit quality and refined machine learning models. The company also highlighted its strategic initiatives, including the extinguishment of corporate debt, expanded marketing efforts, and continued successful partnerships, such as their involvement with Bitty, which are expected to contribute to OppFi's growth and profitability in 2025.Record Revenue Achievement
OppFi reported record Q4 and annual total revenue in 2024, with a 2.1% increase in Q4 revenue to $135.7 million and a full-year increase to $526 million, which was near the high end of their guidance.
Strong Growth in Net Revenue and Adjusted EPS
Net revenue increased by 22.9% to $80.8 million in Q4 2024, while adjusted EPS grew to $0.23 from $0.10. For the full year, adjusted EPS was $0.95, significantly exceeding the guidance of $0.85 to $0.87.
Improvement in Credit Quality
The annualized net charge-off rate as a percentage of average receivables decreased by 430 basis points to 54.5%, showcasing improved credit performance.
Operational Efficiency Gains
Automated loan approvals reached 79.5% in Q4 2024, up 630 basis points from the previous year, contributing to effective cost control.
Debt Reduction
OppFi paid down $10 million on its corporate debt in Q4 2024 and an additional $20 million in Q1 2025, extinguishing its corporate debt ahead of schedule.
Positive Guidance for 2025
OppFi expects total revenue growth of 7% to 13% in 2025 and a 15% to 17% increase in adjusted net income. Additionally, Q1 2025 adjusted net income expectations have been increased more than twofold.
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OPFI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OPFI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $9.35 | $10.36 | +10.80% |
| Nov 07, 2024 | $5.41 | $6.62 | +22.37% |
| Aug 07, 2024 | $3.39 | $3.84 | +13.27% |
| May 08, 2024 | $2.70 | $3.02 | +11.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OppFi (OPFI) report earnings?
OppFi (OPFI) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is OppFi (OPFI) earnings time?
OppFi (OPFI) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OPFI EPS forecast?
OPFI EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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