FMP
Open Lending Corporation
LPRO
NASDAQ
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.
1.34 USD
0.06 (4.48%)
LPRO Financial Statements
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Total Revenue
-56.92M
23.48M
26.73M
30.75M
Cost of Revenue
6.26M
6.13M
5.71M
5.75M
Gross Profit
-63.19M
17.35M
21.01M
25M
Operating Expenses
15.37M
15.48M
17.02M
17.67M
Research and Development
861k
992k
1.13M
1.48M
Selling, General & Administrative Expenses
14.51M
14.49M
15.89M
16.19M
Selling & Marketing Expenses
3.96M
4.9M
4.15M
4.21M
General & Administrative Expenses
10.55M
9.59M
11.74M
11.98M
Other Expenses
0
0
0
0
Operating Income
-78.56M
1.87M
3.99M
7.32M
Total Other Income/Expenses Net
-37k
259k
350k
201k
Income Before Tax
-78.59M
2.13M
4.34M
7.52M
Income Tax
65.84M
688k
1.44M
2.44M
Net Income
-144.44M
1.44M
2.9M
5.09M
Basic EPS
-1.21
0.01
0.02
0.04
EPS Diluted
-1.21
0.01
0.02
0.04
Basic Average Shares
119.33M
119.25M
119.21M
118.93M
Diluted Average Shares
119.33M
119.48M
119.33M
119.42M
EBITDA
-75.35M
5.58M
4.41M
10.67M
Retained Earning Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Retained Earnings (Previous Year)
-184.32M
-185.76M
-188.66M
-193.75M
Net Income
-144.44M
1.44M
2.9M
5.09M
Stock Repurchases
0
1.14M
-116k
-1.02M
Dividend Paid
0
0
0
0
Retained Earnings
-328.76M
-184.32M
-185.76M
-188.66M
Other Distributions
-144.44M
2.57M
2.79M
4.07M
PPE Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Gross PPE
4.61M
9.61M
8.5M
7.96M
Annual Depreciation
393k
494k
415k
372k
Capital Expenditure
-1.16M
-1.01M
-1.09M
-642k
Net PPE
5.37M
10.12M
9.17M
8.23M
Intangible and Goodwill Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Acquisitions and Adjustments
0
0
0
0
Goodwill (Previous Year)
0
0
0
0
Goodwill
0
0
0
0
All figures are in USD.
