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Stonegate Capital Partners Updates 4Q24 Report on OppFi, Inc. (OPFI)

By: Newsfile

Dallas, Texas--(Newsfile Corp. - March 5, 2025) - OppFi, Inc. (NYSE: OPFI): Stonegate Capital Partners Updates Coverage on OppFi (NYSE: OPFI). OPFI reported revenue, adj. Net Income, and adj. EPS of $135.7M, $20.3M, and $0.23, respectively. This compares to our/consensus estimates of $133.3M/$133.5M, $12.7M/$12.6M, and $0.14/$0.15.Net revenue margin was 59.5% for the quarter, which was a year over year margin expansion of 1,000 bps from 4Q23. This quarter's strong performance was driven by record total revenue of $135.7M, a 2.1% y/y increase, coupled with significant improvements in net income, which grew by 619.7% y/y to ~$14.0M, setting new records for the Company. Additionally, The Company achieved an adj. net income of $20.3M, marking a 140.3% increase from the prior year. When looking at the full year, total revenue increased 3.3% from FY23 and adj. net income grew by ~100%. We anticipate this momentum to continue in 2025, supported by OppFi's strategic focus on operational efficiencies and credit risk management.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Beat Q4 2024 Revised Guidance.
  • Net revenue margin expansion of 1,000 bps year-over-year.
  • Total net originations were $214.0M, reflecting an 11% y/y increase.

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243476

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