OppFi Inc. WT

OppFi Inc. WT (OPFI) reported strong FY 2025 results with net revenue of $381.2M, up 18.6% YoY from $321.5M in 2024, driven by interest on finance receivables rising 13.5% to $591.8M and other revenue increasing 11.5% to $5.3M. Total expenses declined 5.5% to $214.5M, primarily due to lower interest expense ($39.4M, down 11.9%) and depreciation ($5.2M, down 46.4%), boosting income from operations 76.3% to $166.7M. Net income surged 74.4% to $146.2M, with net income attributable to OppFi Inc. at $26.3M (basic/diluted EPS $0.99 vs. $0.36 prior year). Balance sheet strengthened with total assets at $754.1M (up from $641.2M), finance receivables at fair value $546.2M, and total stockholders’ equity $308.9M. Operating cash flow hit $401.3M, supporting net cash increase of $5.0M to $93.3M. Key drivers included 12.2% higher net originations ($899.3M) and improved credit performance (net charge-offs 49.4% of average receivables vs. 51.4%). Forward-looking, OppFi focuses on scaling OppLoans, enhancing machine learning models, and expanding via bank partnerships amid regulatory and economic risks.

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