Open Lending Q4 net income $1.7M vs loss $144.4M; revenue jumps to $19.3M

Open Lending Corp

Certified loans Q4: 19,308 vs 26,065 YoY; full year 97,348 vs 110,652.
Q4 total revenue $19.3M vs ($56.9M); full year $93.2M vs $24.0M.
Q4 net income $1.7M vs loss $144.4M; full year net loss $4.2M vs $135.0M.
Q4 adjusted EBITDA $2.8M vs ($75.9M); full year $15.6M vs ($55.0M).
CEO cites progress; launched ApexOne Auto platform for full credit spectrum.

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