secwatch.observer — SEC 8-K summary
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Issuer:     OppFi Inc. (OPFI)
CIK:        0001818502
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001818502-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OppFi reports record Q2 net income of $27.7M, raises FY2024 adj. EPS guidance to $0.73-$0.75
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- Net income $27.7M (+53.1% YoY); adj. net income $24.8M (+56.2%); total revenue $126.3M (+3.1%).
- Adjusted EPS $0.29 (+53.5%); net charge-off rate improved 370 bps to 32.5% of revenue.
- Full-year 2024 adj. EPS guidance raised to $0.73-$0.75 from $0.58-$0.62; Q3 2024 adj. EPS guided $0.20-$0.22.
- Declared first special dividend of $0.12/share; repurchased $2.5M of Class A common stock; paid down $10M senior debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818502/000181850224000014/0001818502-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818502/000181850224000014/opfi-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001818502-24-000014

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