Stocks OPFI Financial statements
Financial statementsOppFi Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data OppFi Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | 115 | 200 | 264 | 217 | 273 | 321 | 381 |
| General and administrative | 7.88 | 9.81 | 13.9 | 11.9 | 13.6 | 15.1 | 16.6 |
| Operating income | 33 | 77.5 | 57.3 | -6.34 | 46.4 | 94.5 | 167 |
| Interest expense | 20.1 | 18.7 | 21.8 | 32.8 | |||
| Other non-operating income | 0.43 | 0.32 | -4.17 | ||||
| Pre-tax income | 33 | 77.5 | 90.1 | 3.06 | 41.8 | 88.1 | 156 |
| Income tax | 0 | 0 | 0.31 | -0.28 | 2.33 | 4.22 | 9.89 |
| Net income to minority interests | 64.2 | -3.76 | 40.5 | 76.6 | 120 | ||
| Net income | 33 | 77.5 | 25.6 | 7.1 | -1.01 | 7.26 | 26.3 |
| EBITDA | 37.3 | 84.2 | 67.6 | 7.26 | 59.1 | 104 | 172 |
| EPS, basic | 0.00 | 0.00 | 1.93 | 0.51 | -0.06 | 0.36 | 0.99 |
| EPS, diluted | 0.00 | 0.00 | 0.48 | 0.05 | -0.06 | 0.36 | 0.99 |
| Shares, basic (weighted) | 0 | 0 | 13.2 | 13.9 | 16.4 | 20.1 | 26.5 |
| Shares, diluted (weighted) | 0 | 0 | 84.5 | 84.3 | 16.4 | 20.1 | 26.5 |
| Dividend per share | 0.12 | 0.25 |
Balance sheet
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 36 | 25.6 | 25.1 | 16.2 | 31.8 | 61.3 | 49.5 |
| Other current assets | 0.23 | ||||||
| Total current assets | 1.37 | ||||||
| Property, plant and equipment | 10.6 | 14.6 | 14 | 10.3 | 13.7 | 27.6 | |
| Lease right-of-use assets | 0 | 13.6 | 12.2 | 10.6 | 8.83 | ||
| Long-term investments | 243 | ||||||
| Total assets | 286 | 502 | 580 | 602 | 641 | 754 | |
| Accounts payable | 0.14 | ||||||
| Total current liabilities | 0.14 | ||||||
| Total liabilities | 187 | 344 | 421 | 408 | 407 | 445 | |
| Total debt | 50 | ||||||
| Paid-in capital | 0.35 | 61.7 | 65.5 | 76.5 | 93.9 | 114 | |
| Retained earnings | 92.3 | -70.7 | -63.5 | -63.6 | -55.1 | -33.5 | |
| Treasury stock | 0 | -2.46 | -2.46 | -6.01 | -21.5 | ||
| Shareholders' equity | 5 | -9.04 | -0.49 | 10.4 | 32.8 | 58.5 | |
| Minority interests | 167 | 160 | 184 | 201 | 250 | ||
| Total equity | 99.3 | 158 | 159 | 194 | 234 | 309 | |
| Total liabilities and equity | 286 | 502 | 580 | 602 | 641 | 754 | |
| Shares outstanding | 13.6 |
Cash flow statement
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Net income | 33 | 77.5 | 89.8 | 3.34 | 39.5 | 83.8 | 146 |
| Depreciation and amortization | 4.3 | 6.7 | 10.3 | 13.6 | 12.7 | 9.62 | 5.16 |
| Stock-based compensation | 0.07 | 0.14 | 3.01 | 3.35 | 4.07 | 5.27 | 9.99 |
| Deferred income tax | 0 | 0 | -0.54 | -0.55 | 1.82 | 3.46 | 4.76 |
| Change in payables | 1.14 | -3.37 | 3.44 | 0.24 | -1.9 | -3.56 | 1.89 |
| Cash from operations | 149 | 192 | 167 | 243 | 296 | 324 | 401 |
| Capital expenditures | -6.64 | -10.7 | -14.4 | -13.3 | -8.99 | -13 | -19.1 |
| Cash from investing | -214 | -98.3 | -199 | -317 | -244 | -243 | -308 |
| Debt repaid | 0 | 0 | -20 | -30 | |||
| Stock issued | 0 | 0 | 0.06 | 0 | 0 | ||
| Share buybacks | 0 | 0 | -2.46 | 0 | -3.55 | -15.5 | |
| Dividends paid | 0 | 0 | -2.37 | -6.41 | |||
| Cash from financing | 78 | -84.1 | 48.8 | 61.3 | -27.6 | -66 | -88.5 |
| Net change in cash | 12.8 | 9.68 | 16.7 | -12.7 | 24.3 | 14.3 | 4.98 |
| Free cash flow | 142 | 181 | 153 | 230 | 287 | 311 | 382 |
| Interest paid | 19.7 | 20 | 22 | 32.1 | 43.7 | 42.6 | 36.1 |
| Income taxes paid | 0 | 0 | 0.36 | 0.07 | 0.48 | 6.09 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Operating margin | 38.3% | Operating income / revenue. |
| EBITDA margin | 39.4% | EBITDA (operating income + depreciation and amortization) / revenue. |
| Pre-tax margin | 56.3% | Pre-tax income / revenue. |
| Net margin | 28.0% | Net income / revenue. |
| FCF margin | 105.9% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 111.3% | Cash from operations / revenue. |
| Effective tax rate | 10.2% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on equity (ROE) | 24.6% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | 13.2% | Net income / average total assets. |
| Return on invested capital (ROIC) | 35.7% | Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%. |
| Stock-based pay / revenue | 2.3% | Stock-based compensation (from the cash flow statement) / revenue. |
| Capex / revenue | 5.5% | Capital expenditures / revenue. |
| D&A / revenue | 1.1% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 18.6% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 20.7% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Revenue CAGR, 5y | 13.7% | Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating income growth, 1y | 76.3% | Operating income vs the same period a year earlier. Only from a positive base. |
| Operating income CAGR, 5y | 16.5% | Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EBITDA growth, 1y | 65.0% | EBITDA vs the same period a year earlier. Only from a positive base. |
| EBITDA CAGR, 3y | 187.1% | Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EBITDA CAGR, 5y | 15.3% | Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Net income growth, 1y | 262.8% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | 54.8% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income CAGR, 5y | -19.4% | Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EPS growth, 1y | 175.0% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | 170.5% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 23.9% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 18.2% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 15.9% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | 23.0% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | 18.4% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Free cash flow CAGR, 5y | 16.1% | Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Dividend per share growth, 1y | 108.3% | Dividend per share vs the same period a year earlier. Only from a positive base. |
| Book value growth, 1y | 78.4% | Book value vs the same period a year earlier. Only from a positive base. |
| Book value CAGR, 5y | 63.5% | Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Total assets growth, 1y | 17.6% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 9.2% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets CAGR, 5y | 21.4% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Share count change, 1y | 31.6% | Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 3y | -32.0% | Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Liabilities / assets | 46.3% | Total liabilities / total assets. |
| Tangible book value | $414.3M | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.47x | Revenue / average total assets. |
| Fixed asset turnover | 10.3x | Revenue / average property, plant and equipment. |
| FCF conversion | 378.4% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 4.9% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | $1.18 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| Revenue per share | $4.23 | Revenue / diluted weighted shares. |
| FCF per share | $4.47 | Free cash flow / diluted weighted shares. |
| Operating cash flow per share | $4.70 | Cash from operations / diluted weighted shares. |
| Book value per share | $4.81 | Shareholders' equity / shares outstanding (diluted weighted shares when not reported). |
| Tangible book per share | $4.81 | Tangible book value / shares outstanding. |
| Cash per share | $0.75 | (Cash + short-term investments) / shares outstanding. |
| Buybacks / FCF | 6.9% | Share buybacks / free cash flow, when free cash flow is positive. |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $535.1M | Share price x shares outstanding. |
| Enterprise value | $470.8M | Market cap + total debt - cash - short-term investments. |
| P/E | 5.26x | Market cap / net income. Only when net income is positive. |
| P/S | 1.47x | Market cap / revenue. |
| P/B | 1.29x | Market cap / shareholders' equity. Only when equity is positive. |
| Price / tangible book | 1.29x | Market cap / tangible book value, when positive. |
| P/FCF | 1.39x | Market cap / free cash flow. Only when free cash flow is positive. |
| P/OCF | 1.32x | Market cap / cash from operations, when positive. |
| EV/Sales | 1.29x | Enterprise value / revenue. |
| EV/EBIT | 3.38x | Enterprise value / operating income, when both are positive. |
| EV/EBITDA | 3.29x | Enterprise value / EBITDA, when both are positive. |
| EV/FCF | 1.22x | Enterprise value / free cash flow, when both are positive. |
| FCF yield | 71.9% | Free cash flow / market cap. |
| Earnings yield | 19.0% | Net income / market cap (the inverse of P/E). |
| Shareholder yield | 5.0% | (Dividends paid + share buybacks) / market cap. |
| PEG | 0.03x | P/E / EPS growth per year over 3 years (in percent). Only when both are positive. |
What was OppFi Inc.'s revenue in fiscal 2025?
OppFi Inc. reported revenue of $381.2M for fiscal 2025, 18.6% higher than the year before.
Was OppFi Inc. profitable in fiscal 2025?
Yes. Net income was $26.3M, a net margin of 6.9%.
How much free cash flow did OppFi Inc. generate in fiscal 2025?
Cash from operations of $401.3M minus capital expenditures of $19.1M left free cash flow of $382.2M.