secwatch.observer — SEC 8-K summary
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Issuer:     OppFi Inc. (OPFI)
CIK:        0001818502
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001818502-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OppFi Q1 revenue up 20% to $120.4M, net income $3.9M; raises FY earnings outlook
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- Total revenue $120.4M (+20% YoY); net income $3.9M vs loss of $0.3M in Q1 2022.
- Adjusted net income $4.4M (+584% YoY); adjusted EPS $0.05.
- Ending receivables $370.2M (+9% YoY); credit metrics improved sequentially.
- Marketing cost per new funded loan down 9% YoY.
- Raised full-year adjusted net income and adjusted EPS guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818502/000181850223000006/0001818502-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818502/000181850223000006/opfi-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001818502-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer