Q1 2025 Q1 2025 Financial Highlights Q1 2025 Q1 2024 Revenue $24.4 million $30.7 million Adj. EBITDA1 $5.7 million $12.5 million Total Certs 27,638 28,189 (1) See reconciliation of GAAP to non-GAAP financial measures on page 5 2 23, 159, 221 149, 201, 61 20, 83, 150 Earnings Supplement 3, 102, 170 146, 192, 219 166, 166, 166 Key Performance Indicators | | | | Three Months Ended March 31, | | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | Certs | | | | | | Credit Union & Bank | | 24,215 | | 21,078 | ...

Exhibit 99.1 Open Lending Reports First Quarter 2025 Financial Results AUSTIN, Texas, May 7, 2025 – Open Lending Corporation (Nasdaq: LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its first quarter ended March 31, 2025. "I believe in Open Lending's business model, our value proposition to our customers, and the team's ability to execute on our plan going forward," said Jessi ...

Core Insights - Open Lending Corporation reported its financial results for the first quarter ended March 31, 2025, highlighting a decrease in total revenue and net income compared to the same period in 2024 [1][9]. Financial Performance - The company facilitated 27,638 certified loans in Q1 2025, a slight decrease from 28,189 certified loans in Q1 2024 [9]. - Total revenue for Q1 2025 was $24.4 million, down from $30.7 million in Q1 2024, primarily due to a $7.4 million decrease in estimated profit share revenue from new originations [9]. - Gross profit decreased to $18.3 million in Q1 2025 from $25.0 million in Q1 2024 [9]. - Net income for Q1 2025 was $0.6 million, compared to $5.1 million in Q1 2024 [9]. - Adjusted EBITDA was $5.7 million in Q1 2025, down from $12.5 million in Q1 2024, with an adjusted EBITDA margin of 23% compared to 41% in the previous year [9][23]. Strategic Initiatives - The CEO expressed confidence in the company's business model and its ability to enhance lender profitability through new loan measures and refined pricing strategies [2][3]. - The Board of Directors authorized a $25 million share repurchase program, allowing the company to repurchase its common stock until May 1, 2026 [3][8]. Outlook - For the second quarter of 2025, the company expects total certified loans to be between 25,500 and 27,500 [5].

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Open Lending Corporation (NASDAQ: LPRO). Shareholders who purchased shares of LPRO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/open-lending-corporation-loss-submission-form/?id=147130&from=3 CLASS PERI ...

The Open Lending class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants misrepresented the capabilities of Open Lending's risk-based pricing model; (ii) defendants issued materially misleading statements regarding Open Lending's profit share revenue; (iii) defendants failed to disclose Open Lending's 2021 and 2022 vintage loans had become worth significantly less than their corresponding outstanding loan ...

Core Viewpoint - A securities class action lawsuit has been filed against Open Lending Corporation for misrepresentation and failure to disclose significant financial issues during the class period from February 24, 2022, to March 31, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Open Lending securities during the specified class period [1][2]. - Investors have until June 30, 2025, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Allegations Against the Company - The complaint alleges that Open Lending misrepresented its risk-based pricing models and profit share revenue [3]. - It is claimed that the company failed to disclose that its 2021 and 2022 vintage loans were worth significantly less than their outstanding balances [3]. - The underperformance of the company's 2023 and 2024 vintage loans was also misrepresented [3]. Group 3: Financial Impact and Company Response - On March 17, 2025, Open Lending announced it would delay its Annual Report for 2024, leading to a 9% drop in share price to $3.91 [4]. - The company reported a quarterly revenue of negative $56.9 million for Q4 2024, primarily due to an $81.3 million reduction in estimated profit share revenues linked to historic vintages [5]. - Contributing factors included deterioration of 2021 and 2022 vintages, underperformance of 2023 and 2024 vintages, and elevated delinquencies and defaults [5]. - Following the financial disclosure, the share price plummeted by 57% to close at $1.17 on April 1, 2025 [6].

LOS ANGELES, May 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Open Lending Corporation ("Open Lending" or "the Company") (NASDAQ: LPRO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2022 and March 31, 2025, inclusive (the "Class ...

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Western District of Texas on behalf of those who acquired Open Lending Corporation ("Open Lending" or the "Company") (NASDAQ:LPRO) securities during the period from February 24, 2022, through March 31, 2025 ("the Class Period"). Investors have until June 30, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN M ...

Core Viewpoint - A shareholder has filed a securities class action lawsuit against Open Lending Corporation for alleged misrepresentations regarding the company's risk-based pricing models during the period from February 24, 2022, to March 31, 2025 [1][2]. Group 1 - The lawsuit represents a class of investors who purchased or acquired Open Lending's securities within the specified timeframe [1]. - Defendants are accused of making false statements about the effectiveness of the company's risk-based pricing models [2]. - Interested parties can file to serve as lead plaintiff by June 30, 2025, with no fees or expenses required from shareholders [3]. Group 2 - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has represented both individual investors and large pension funds [4].

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Open Lending Corporation. (“Open Lending” or the “Company”) (NASDAQ: LPRO).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Open Lending an ...