See more : Fuji P.S Corporation (1848.T) Income Statement Analysis – Financial Results
Complete financial analysis of Open Lending Corporation (LPRO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Open Lending Corporation, a leading company in the Financial – Credit Services industry within the Financial Services sector.
- Buhler Industries Inc. (BUI.TO) Income Statement Analysis – Financial Results
- Plant Health Care plc (PHC.L) Income Statement Analysis – Financial Results
- Danske Invest Euro HY-Obl – Akk (DKIEUHYOAKKDKKH.CO) Income Statement Analysis – Financial Results
- Buzzi Unicem S.p.A. (BZU.MI) Income Statement Analysis – Financial Results
- China Resources Mixc Lifestyle Services Limited (1209.HK) Income Statement Analysis – Financial Results
Open Lending Corporation (LPRO)
About Open Lending Corporation
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
---|---|---|---|---|---|---|---|
Revenue | 117.46M | 179.59M | 215.66M | 108.89M | 92.85M | 52.19M | 32.38M |
Cost of Revenue | 22.28M | 19.97M | 18.62M | 9.79M | 7.81M | 4.60M | 3.02M |
Gross Profit | 95.18M | 159.63M | 197.03M | 99.11M | 85.04M | 47.59M | 29.36M |
Gross Profit Ratio | 81.03% | 88.88% | 91.37% | 91.01% | 91.59% | 91.18% | 90.68% |
Research & Development | 5.58M | 8.21M | 4.35M | 1.96M | 1.17M | 802.00K | 691.00K |
General & Administrative | 43.04M | 35.95M | 30.39M | 32.58M | 13.77M | 12.13M | 7.99M |
Selling & Marketing | 17.49M | 17.86M | 12.00M | 7.84M | 7.48M | 6.19M | 4.53M |
SG&A | 60.53M | 53.81M | 42.39M | 40.43M | 21.26M | 18.31M | 30.68K |
Other Expenses | 0.00 | -238.00K | 55.30M | -4.38M | 197.00K | 170.00K | 0.00 |
Operating Expenses | 66.10M | 62.01M | 46.75M | 42.39M | 22.43M | 19.12M | 30.68K |
Cost & Expenses | 88.39M | 81.98M | 65.37M | 52.18M | 30.23M | 23.72M | 30.68K |
Interest Income | 10.34M | 2.00M | 213.00K | 202.00K | 24.00K | 13.00K | 408.00K |
Interest Expense | 10.66M | 5.83M | 5.86M | 11.60M | 322.00K | 341.00K | 0.00 |
Depreciation & Amortization | 1.78M | 1.49M | 1.67M | 1.77M | 105.00K | 80.00K | 20.00K |
EBITDA | 41.30M | 100.87M | 198.69M | -77.62M | 62.94M | 28.55M | 16.17M |
EBITDA Ratio | 35.16% | 56.08% | 95.95% | 49.88% | 67.79% | 55.06% | 49.94% |
Operating Income | 29.08M | 97.62M | 205.81M | 56.72M | 62.62M | 28.47M | -30.68K |
Operating Income Ratio | 24.75% | 54.35% | 95.43% | 52.09% | 67.44% | 54.56% | -0.09% |
Total Other Income/Expenses | -217.00K | -4.08M | 40.88M | -147.71M | -101.00K | -158.00K | 0.00 |
Income Before Tax | 28.86M | 93.54M | 191.17M | -90.99M | 62.51M | 28.32M | -30.68K |
Income Before Tax Ratio | 24.57% | 52.08% | 88.65% | -83.56% | 67.33% | 54.25% | -0.09% |
Income Tax Expense | 6.79M | 26.92M | 45.09M | 6.57M | -30.00K | 37.00K | 59.00K |
Net Income | 22.07M | 66.62M | 146.08M | -97.56M | 62.54M | 28.28M | -30.68K |
Net Income Ratio | 18.79% | 37.09% | 67.74% | -89.60% | 67.36% | 54.18% | -0.09% |
EPS | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | 0.00 |
EPS Diluted | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | 0.00 |
Weighted Avg Shares Out | 120.83M | 126.11M | 126.35M | 82.91M | 37.63M | 91.85M | 31.25M |
Weighted Avg Shares Out (Dil) | 121.47M | 126.26M | 126.39M | 82.91M | 37.63M | 91.85M | 31.25M |
Sound Credit Union’s Auto Loan Yield Jumped 8% After Implementing Open Lending’s Lenders Protection™, Case Study Finds
Open Lending to Announce First Quarter 2023 Results on May 9, 2023
Open Lending Releases Initial Survey Findings on Market Challenges for Auto Lenders, Opportunities to Improve Return on Assets
Open Lending Partners with Crescent Bank to Meet Demand for Auto Loans, Accelerate Approval Process
Open Lending Corporation (LPRO) Q4 2022 Earnings Call Transcript
Open Lending (LPRO) Reports Q4 Loss, Misses Revenue Estimates
Open Lending to Announce Fourth Quarter and Full Year 2022 Results on February 23, 2023
Open Lending Appoints Kevin Filan as Senior Vice President of Marketing
The 7 Most Undervalued Long-Term Stocks to Buy in January
Open Lending: Ride Through The Short-Term Pain To Reap The Upside Gains
Source: https://incomestatements.info
Category: Stock Reports