Highest-materiality recent filing
OppFi files 8-K for investor presentation; available exhibit lacks substantive content
Exhibit 99.1 contains only a cover page and legal disclaimer; no financial or operational data provided.
OppFi stockholders elect directors, approve say-on-pay, ratify RSM as auditor for 2026
Directors Theodore Schwartz and Greg Zeeman elected with over 69M votes each (no broker non-votes for that proposal).
OppFi Reports First Quarter 2026 Record Revenue and Approves $40M Buyback
Total revenue increased 8.3% YoY to $151.9 million, a record for the first quarter.
OppFi to acquire BNCCORP for ~$130.7M; completes corporate simplification
Merger consideration: $19.375 cash + 1.90 OppFi shares per BNCC share; total value ~$130.7M.
OppFi terminates $75M TRS, borrows $46.5M to purchase receivables, amends credit facility
Terminated $75M total return swaps with Midtown affiliates; no termination penalties incurred.
OppFi reports record 2025 net income of $146.2M, up 74% YoY; adj. EPS $1.59
FY2025 net income $146.2M, up 74.4% YoY – Company record.
OppFi Q3 net income $75.9M (+137% YoY); revenue $155.1M record; raises full-year guidance
Q3 total revenue $155.1M record (+13.5% YoY); GAAP net income $75.9M (+136.9% YoY).
OppFi closes $150M revolving credit facility at lower rate, replaces prior facility
New $150M revolving credit facility with four-year term (matures Sep 29, 2029) replaces prior $150M facility.
OppFi boosts buyback authorization by $20M to $40M; $32.4M remaining capacity
Board authorized additional $20M share repurchases, raising total authorization to $40M.
OppFi publishes supplemental info on warrants expiring within one year
Public warrants to purchase Class A common stock are now within one year of expiration.
OppFi Q2 record revenue $142.4M, adj net income $39.4M; raises FY guidance
GAAP net income $11.5M (down 58.5% YoY); adjusted net income $39.4M (up 59.0% YoY), a record.
OppFi reports 2025 annual meeting results: directors elected, auditor ratified
Quorum of 77,284,361 shares represented out of 86,789,497 outstanding.
OppFi Q1 record revenue $140.3M (+10.1% YoY); adj. net income $33.8M, up 285%; raises FY guidance.
Q1 total revenue $140.3M, a record, up 10.1% YoY; exceeded quarterly guidance by >40%.
OppFi declares $0.25 special dividend payable Apr 18, 2025 to holders of record Apr 8
Special dividend of $0.25 per Class A common share, payable April 18, 2025 to holders of record April 8, 2025.
OppFi beats Q4 revised estimates, net income up 112% YoY, raises 2025 guidance
Repaid all outstanding obligations and terminated Senior Secured Multi-Draw Term Loan Agreement on March 4, 2025.
OppFi upsizes revolving credit facility with Blue Owl to $300M, extends maturity to 2029
Credit facility capacity increased from $250M to $300M via a second amended agreement dated Feb 13, 2025.
Net income record $32.1M, up 106.4% YoY; adjusted net income $28.8M, up 116.2% YoY.
OppFi extends credit facility maturity to Sep 2025; adds $20M/$10M quarterly repayments
Twelfth Amendment extends maturity from March 30, 2025 to September 30, 2025.
OppFi reports record Q2 net income of $27.7M, raises FY2024 adj. EPS guidance to $0.73-$0.75
Net income $27.7M (+53.1% YoY); adj. net income $24.8M (+56.2%); total revenue $126.3M (+3.1%).
OppFi acquires 35% stake in Bitty for ~$18M to enter small-business financing
Acquired 35% of Bitty for $15.25M cash + 734,851 OppFi-LLC units (~$2.7M).
OppFi announces forfeiture of 25.5 million earnout units and Class V shares
25,500,000 earnout Class A common units of Opportunity Financial forfeited for no consideration.
OppFi annual meeting elects directors Schwartz and Vennettilli, ratifies RSM as auditor
At June 5 annual meeting, both director nominees elected: Schwartz with 96.3M for, Vennettilli with 96.2M for.
OppFi beats Q1 guidance, raises FY2024 adjusted EPS outlook to $0.58-$0.62
Q1 total revenue $127.3M (+5.8% YoY); net income $10.1M (+157.8% YoY); diluted EPS $0.10.
OppFi furnishes April 2024 investor presentation with no specific material updates
Presentation dated April 2024 furnished under Regulation FD for investor meetings.
OppFi declares $0.12 special dividend and $20M share repurchase program
$0.12 special dividend per share payable May 1, 2024; record date April 19, 2024.
OppFi beats 2023 earnings guidance; Q4 revenue up 10.7% YoY to $132.9M
Full-year 2023 net income $39.5M, adjusted net income $43.3M; revenue $508.9M (+12.4% YoY)
OppFi files investor presentation for December 2023 conference
CEO Todd Schwartz and CFO Pam Johnson to present at Investor Summit Group Conference on Dec 7, 2023.
OppFi Q3 revenue up 7% to $133M, net income $15.5M, raises FY adjusted EPS guidance
Total revenue $133.2M (+7% YoY); net income $15.5M vs ($0.7M) loss in Q3 2022.
OppFi preliminary Q3 earnings beat consensus; full-year guidance to be raised
Preliminary Q3 earnings significantly beat analyst consensus estimate, per CEO Todd Schwartz.
OppFi reclassifies director Theodore Schwartz to equalize board class sizes
Director Theodore Schwartz moved from Class I to Class II effective Sept 11, 2023.
OppFi Q2 revenue up 14% to $122.5M, net income up 90%, raises FY outlook
Total revenue of $122.5M (+14% YoY); net income of $18.1M (+90% YoY).
OppFi upsizes revolving credit facility with Atalaya to $250 million
Facility increased from $200M to $250M; new Tranche C of $125M maturing July 2027.
Greg Zeeman elected to board with 98,476,749 for, 309,084 against, and 5,130,380 broker non-votes.
OppFi Q1 revenue up 20% to $120.4M, net income $3.9M; raises FY earnings outlook
Total revenue $120.4M (+20% YoY); net income $3.9M vs loss of $0.3M in Q1 2022.
OppFi reports record 2022 revenue of $452.9M; net income drops 96% to $3.3M
Full-year 2022 total revenue $452.9M (+29% YoY); net income $3.3M vs $89.8M in 2021.
OppFi closes $150M credit facility with Castlelake, repays $109M Ares facility
$150M revolving credit facility; interest rate = SOFR + 7.50%; matures Dec 14, 2026.
OppFi restates prior financials; diluted EPS reduced by $1.45 for FY2021 due to accounting error
Non-reliance on FY2021, Q1 2022, and three/nine months ended Sept 30, 2021 financials due to misapplication of diluted EPS accounting.
OppFi Q3 revenue up 35% to $124.2M but net loss $(0.7)M; guidance reaffirmed
Revenue $124.2M (+35% YoY); net loss $(0.7)M vs net income $30.4M a year ago.
OppFi reports preliminary Q3 revenue ~$124.2M, net loss ~$0.7M, reaffirms FY2022 guidance
Preliminary Q3 2022 revenue ~$124.2M, net loss ~$0.7M, adjusted net income ~$0.8M.
OppFi posts investor presentation for August 2022 meetings
Investor presentation dated August 2022 made available for meetings with investors or analysts.
OppFi reports Q2 revenue up 38% to $107.9M, but net income drops 47%; cuts FY guidance to break-even
Revenue $107.9M (+37.6% YoY); net income $9.5M (-47.2%); adjusted EBITDA $20.0M (-38%).
Elected Christina Favilla, Jocelyn Moore, and Theodore Schwartz as directors with >97.3M votes each; 3.58M broker non-votes.
OppFi upsizes credit facility with Atalaya to $200M from $75M, extends maturity to June 2025
Facility increased from $75M to $200M with affiliates of Atalaya Capital Management.
OppFi files 8-K to furnish May 2022 investor presentation; no details provided
Filing under Item 7.01 furnishes an investor presentation as Exhibit 99.1.
OppFi Q1 revenue up 20% to $100.7M; net loss $0.3M as charge-offs hit 56% annualized
Q1 revenue $100.7M (+20% YoY); GAAP net loss of $0.3M vs net income $24.4M a year ago.
OppFi subsidiary enters $75M total return swaps on consumer receivables with Midtown Madison
OppFi-LLC enters TRS with Midtown Madison affiliates providing credit protection on $75M revolving credit facility backed by consumer receivables.
OppFi appoints Pamela Johnson as CFO, succeeding Shiven Shah
Pamela Johnson named CFO effective March 28, 2022, replacing Shiven Shah.
OppFi sues California DFPI commissioner to block interest rate caps on bank-partner loans
Filed complaint March 7, 2022 in Los Angeles Superior Court against California's financial regulator.
OppFi Appoints Founder Todd Schwartz as CEO, Updates 2021 Financial Outlook
Todd Schwartz appointed CEO effective Feb 28, 2022; Neville Crawley resigns as CEO and director.
OppFi board authorizes $20M share repurchase program through December 2023
Board authorized up to $20M of Class A common stock repurchases, expiring December 2023.
appointed Ms. Pamela Johnson as Chief Financial Officer and Principal Financial Officer of the Company, effective March 28, 2022.
Mr. Shah’s separation as the Company’s Chief Financial Officer is without “Cause,” as defined in that certain employment agreement, dated February 28, 2022, by and between Mr. Shah and Opportunity Financial, LLC, a Delaware limited liability company and subsidiary of the Company, and Mr. Shah will receive the separation benefits provided therein.
Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.
Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.
appointed Mr. Todd G. Schwartz as the Chief Executive Officer of the Company, effective February 28, 2022
appointed Mr. Neville Crawley, the Company’s President, to succeed Mr. Jared Kaplan as the Company’s Chief Executive Officer, effective December 31, 2021
Mr. Kaplan will continue to serve as a director of the Company.
Todd Schwartz, Theodore Schwartz, Jared Kaplan, Christina Favilla, Jocelyn Moore, David Vennettilli and Greg Zeeman were appointed as directors of the Company
Todd Schwartz was appointed Executive Chairman of the Board
Todd Schwartz, Theodore Schwartz, Jared Kaplan, Christina Favilla, Jocelyn Moore, David Vennettilli and Greg Zeeman were appointed as directors of the Company
Todd Schwartz, Theodore Schwartz, Jared Kaplan, Christina Favilla, Jocelyn Moore, David Vennettilli and Greg Zeeman were appointed as directors of the Company
Todd Schwartz, Theodore Schwartz, Jared Kaplan, Christina Favilla, Jocelyn Moore, David Vennettilli and Greg Zeeman were appointed as directors of the Company
Max materiality 0.90 · Median 0.65 · Most common event earnings