---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-22-000006"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:57:11.888978+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OppFi Q1 revenue up 20% to $100.7M; net loss $0.3M as charge-offs hit 56% annualized

## Summary
- Q1 revenue $100.7M (+20% YoY); GAAP net loss of $0.3M vs net income $24.4M a year ago.
- Net originations $162.8M (+63% YoY); ending receivables $338.5M (+38%).
- Annualized net charge-offs as % of avg receivables rose to 56% from 30% a year ago.
- Auto-approval rate improved to 61% vs 41%; marketing cost per new loan fell to $221 from $266.
- Re-affirmed FY2022 guidance: 20-25% revenue growth, 20-25% adj. EBITDA margin.

## SEC filing metadata
- accession: 0001818502-22-000006
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850222000006/0001818502-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850222000006/opfi-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-22-000006
- JSON: https://secwatch.observer/filing/0001818502-22-000006.json
- Plain text: https://secwatch.observer/filing/0001818502-22-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.