OppFi Q2 revenue up 1.9% to $145.2M, net income up 36%; signs $100M term loan

OppFi Inc.

Total revenue $145.2M, up 1.9% YoY (record Q2); net income $15.6M, up 36% YoY.
Net income attributable to OppFi $14.8M vs ($20.8M) loss; diluted EPS $0.18 vs ($0.78).
Adjusted net income $28.8M, down 27% YoY; adjusted EPS $0.33 vs $0.45.
Entered $100M senior secured multi-draw term loan at 12.5% (pre-acquisition) / 13.5% (post); no draw yet.
Proceeds to support finance receivables growth; pending acquisition of BNCCORP and BNC Bank.

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