OppFi (OPFI-WT) Research & Development (2020 - 2024)

OppFi (OPFI-WT) has 5 years of Research & Development data on file, last reported at $3.0 million in Q3 2024.

• Research & Development for Q3 2024 came in at $3.0 million, down 3.18% year-over-year; the trailing twelve-month figure through Sep 2024 was $12.0 million (down 6.97% YoY), and the FY2023 annual result was $12.5 million, down 3.91% from the prior year.
• Research & Development advanced to $3.0 million in Q3 2024 per OPFI-WT's latest filing, from $3.0 million in the prior quarter.
• Over five years, Research & Development peaked at $3.3 million in Q4 2022 and troughed at $2.0 million in Q3 2020.
• A 5-year average of $2.9 million and a median of $3.0 million in 2024 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 46.02% in 2022, then declined 11.26% in 2023.
• A 5-year view of Research & Development shows it stood at $2.0 million in 2020, then surged by 41.58% to $2.8 million in 2021, then rose by 19.01% to $3.3 million in 2022, then dropped by 11.26% to $3.0 million in 2023, then rose by 2.88% to $3.0 million in 2024.
• Business Quant data shows OPFI-WT's Research & Development at $3.0 million in Q3 2024, $3.0 million in Q2 2024, and $3.1 million in Q1 2024.