OppFi (OPFI-WT) Loans - Net (2020 - 2024)
OppFi (OPFI-WT) posted quarterly Loans - Net of $8000.0 for Q3 2024, down 96.17% YoY from $209000.0 in Q4 2023, and down 57.89% sequentially from $19000.0 in Q2 2024.
OppFi (OPFI-WT) Loans - Net (2020 - 2024) Analysis & Trends
OppFi has disclosed Loans - Net across 5 years of filings, most recently posting $8000.0 for Q3 2024.
- In Q3 2024, Loans - Net fell 96.17% year-over-year to $8000.0; the TTM figure through Sep 2024 stood at $8000.0 (down 96.17% YoY), while the FY2023 annual figure was $110000.0, down 82.89% from the prior year.
- Loans - Net slipped to $8000.0 in Q3 2024, from $19000.0 in the prior quarter.
- Over the last five years, Loans - Net for OPFI-WT reached as high as $222.2 million in Q4 2020 and fell as low as $8000.0 in Q3 2024.
- The 5-year median for Loans - Net is $553500.0 (2022), against an average of $17.3 million.
- Annual changes were most pronounced in 2021 — Loans - Net plunged 98.1% — and 2022, when it surged 204.02%.
- A 5-year view of Loans - Net shows it stood at $222.2 million in 2020, then sank by 98.1% to $4.2 million in 2021, then plunged by 84.76% to $643000.0 in 2022, then slumped by 82.89% to $110000.0 in 2023, then sank by 92.73% to $8000.0 in 2024.
- According to Business Quant data, Loans - Net over the past three periods registered $8000.0, $19000.0, and $48000.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 10.54 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | - |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 8.06 Bn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 1.38 Bn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 136.35 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | OppFi | 1.07 Mn | 204.53 Mn | 76.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 8,000.00 |
| Sep 30, 2024 | 8,000.00 |
| Jun 30, 2024 | 19,000.00 |
| Jun 30, 2024 | 19,000.00 |
| Mar 31, 2024 | 48,000.00 |
| Mar 31, 2024 | 48,000.00 |
| Dec 31, 2023 | 110,000.00 |
| Dec 31, 2023 | 110,000.00 |
| Sep 30, 2023 | 209,000.00 |
| Sep 30, 2023 | 209,000.00 |
| Jun 30, 2023 | 325,000.00 |
| Jun 30, 2023 | 325,000.00 |
| Mar 31, 2023 | 464,000.00 |
| Mar 31, 2023 | 464,000.00 |
| Dec 31, 2022 | 643,000.00 |
| Dec 31, 2022 | 643,000.00 |
| Sep 30, 2022 | 3.86 Mn |
| Sep 30, 2022 | 3.86 Mn |
| Jun 30, 2022 | 4.58 Mn |
| Jun 30, 2022 | 4.58 Mn |