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.
0.894 USD
-0.0435 (-4.87%)
LPRO Financial Statements
Year
2024
2023
2022
2021
Total Revenue
24.02M
117.46M
179.59M
215.66M
Cost of Revenue
23.86M
22.28M
19.97M
18.62M
Gross Profit
169k
95.18M
159.63M
197.03M
Operating Expenses
65.55M
66.1M
62.01M
46.74M
Research and Development
4.46M
5.58M
8.21M
4.35M
Selling, General & Administrative Expenses
61.09M
60.53M
53.81M
42.39M
Selling & Marketing Expenses
17.22M
17.48M
17.86M
12M
General & Administrative Expenses
43.87M
43.04M
35.95M
30.39M
Other Expenses
0
0
-238k
55.3M
Operating Income
-65.38M
29.07M
97.61M
205.81M
Total Other Income/Expenses Net
773k
-217k
-4.08M
40.88M
Income Before Tax
-64.61M
28.86M
93.54M
191.17M
Income Tax
70.41M
6.79M
26.92M
45.09M
Net Income
-135.01M
22.07M
66.62M
146.08M
Basic EPS
-1.13
0.18
0.53
1.16
EPS Diluted
-1.13
0.18
0.53
1.16
Basic Average Shares
119.18M
120.83M
126.11M
126.35M
Diluted Average Shares
119.18M
121.47M
126.26M
126.39M
EBITDA
-51.61M
41.3M
100.87M
198.69M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
-193.75M
-215.82M
-282.44M
-428.41M
Net Income
-135.01M
22.07M
66.62M
146.08M
Stock Repurchases
0
-37.32M
-18.02M
-20M
Dividend Paid
0
0
0
0
Retained Earnings
-328.76M
-193.75M
-215.82M
-282.44M
Other Distributions
-135.01M
-15.25M
48.6M
125.97M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
4.61M
7.9M
7.18M
7.85M
Annual Depreciation
1.67M
1.78M
1.49M
1.67M
Capital Expenditure
-165k
-2.18M
-624k
-1.99M
Net PPE
3.1M
8.3M
6.31M
8.17M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
0
0
0
0
Goodwill (Previous Year)
0
0
0
0
Goodwill
0
0
0
0
All figures are in USD.
