---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-23-000004"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:06:56.846991+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# OppFi reports record 2022 revenue of $452.9M; net income drops 96% to $3.3M

## Summary
- Full-year 2022 total revenue $452.9M (+29% YoY); net income $3.3M vs $89.8M in 2021.
- Q4 2022 revenue $120.0M (+25%); net loss of $5.2M vs net income $17.0M a year ago.
- Adjusted net income $5.0M for FY2022; adjusted EPS $0.06 vs $0.78 in 2021.
- Closed $150M credit facility with Castlelake; total funding capacity >$530M as of year-end.
- Marketing cost per new funded loan fell 20% YoY; first payment default rates trending to pre-pandemic levels.

## SEC filing metadata
- accession: 0001818502-23-000004
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000004/0001818502-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000004/opfi-20230323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-23-000004
- JSON: https://secwatch.observer/filing/0001818502-23-000004.json
- Plain text: https://secwatch.observer/filing/0001818502-23-000004.txt

## Key facts
- Earnings Releases
  OppFi Inc. reported the three months ended December 31, 2022 results: revenue $ 120,030, net income $ (5,199), EPS $ (0.22).
  - Period: the three months ended December 31, 2022
  - Revenue: $ 120,030
  - Net income: $ (5,199)
  - EPS: $ (0.22)
  - Result: reported results
  source text: Total revenue $ 120,030 $ 95,958 25.1% Net (loss) income $ (5,199) $ 17,032 (130.5) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000004/0001818502-23-000004-index.htm
- Earnings Releases
  OppFi Inc. reported the year ended December 31, 2022 results: revenue $ 452,859, net income $ 3,340, EPS $ 0.05.
  - Period: the year ended December 31, 2022
  - Revenue: $ 452,859
  - Net income: $ 3,340
  - EPS: $ 0.05
  - Result: reported results
  source text: % Adjusted EPS(1,2) $ (0.19) $ 0.13 (242.3) % (in thousands, except per share data) Unaudited Year Ended December 31, Change 2022 2021 % Total revenue $ 452,859 $ 350,568 29.2% Net income $ 3,340 $ 89,795 (96.3) % Adjusted net income(1) $ 4,976 $ 65,819 (92.4) % Adjusted EBITDA(1) $ 53,866 $ 116,857 (53.9) % Basic EPS(a) $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000004/0001818502-23-000004-index.htm

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