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Open Lending(LPRO) - 2021 Q3 - Earnings Call Presentation
2021-11-10 13:24
Earnings Supplement Q3 2021 Q3 Financial Highlights Q3 2021 Q3 2020 Total Certs 49,332 20,696 Revenue $58.9 million $29.8 million Adj. EBITDA $42.1 million $19.8 million Adj. Operating Cash Flow1$ 38.8 million $8.8 million (1) Defined as Adj. EBITDA, minus CAPEX, plus or minus change in contract assets 2 Well Defined Growth Plan Drive Loan Volume through Further Wallet-Share Increase and Customer Penetration Expansion of Lender Base 1 Expand Core Business Increase OEM Captive Penetration by Addressing Broad ...
Open Lending(LPRO) - 2021 Q3 - Earnings Call Transcript
2021-11-10 01:31
Open Lending Corporation (NASDAQ:LPRO) Q3 2021 Results Conference Call November 9, 2021 5:00 PM ET Company Participants John Flynn - Chairman, Chief Executive Officer Ross Jessup - President, Chief Operating Officer Chuck Jehl - Chief Financial Officer Conference Call Participants Vincent Caintic - Stephens Joseph Vafi - Canaccord Peter Heckmann - D.A. Davidson James Faucette - Morgan Stanley Operator Good afternoon, and welcome to Open Lending's Third Quarter 2021 Earnings Conference Call. During the prese ...
Open Lending(LPRO) - 2021 Q2 - Quarterly Report
2021-08-12 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-39326 OPEN LENDING CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware EIN 8 ...
Open Lending(LPRO) - 2021 Q2 - Earnings Call Transcript
2021-08-11 03:28
Open Lending Corporation (NASDAQ:LPRO) Q2 2021 Earnings Conference Call August 10, 2021 5:00 PM ET Company Representatives John Flynn - Chairman, Chief Executive Officer Ross Jessup - President, Chief Operating Officer Chuck Jehl - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Vincent Caintic - Stephens James Faucette - Morgan Stanley John Hecht - Jefferies Sameer Kalucha - Deutsche Bank Adib Choudhury - William Blair Operator Good afternoon. Welcome to Open Lending's Second Q ...
Open Lending(LPRO) - 2021 Q1 - Quarterly Report
2021-05-14 20:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-39326 OPEN LENDING CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware EIN ...
Open Lending(LPRO) - 2021 Q1 - Earnings Call Transcript
2021-05-12 02:08
Open Lending Corporation (NASDAQ:LPRO) Q1 2021 Earnings Conference Call May 11, 2021 2:30 PM ET Company Participants John Flynn - Chairman and Chief Executive Officer Ross Jessup - President and Chief Operating Officer Chuck Jehl - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Peter Heckmann - D.A. Davidson David Scharf - JMP Securities Joseph Vafi - Canaccord John Davis - Raymond James Vincent Caintic - Stephens James Faucette - Morgan Stanley Sameer Kalucha - ...
Open Lending(LPRO) - 2020 Q4 - Annual Report
2021-03-16 20:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to _______________ Commission file number 001-39326 OPEN LENDING CORPORATION (Exact name of registrant as specified in its charter) Delaware 84-5031428 ...
Open Lending(LPRO) - 2020 Q4 - Earnings Call Presentation
2021-03-10 13:09
Financial Performance - Total Certs reached 26,822 in Q4 2020 and 94,226 for the full year 2020[1] - Revenue was $39.6 million in Q4 2020 and $108.9 million for the full year 2020[1] - Adjusted EBITDA was $24.8 million in Q4 2020 and $69.5 million for the full year 2020[1] - Adjusted Operating Cash Flow was $8.3 million in Q4 2020 and $41.9 million for the full year 2020[1] Key Performance Indicators - CU & Bank Certs were 18,844 in Q4 2020 and 73,012 for the full year 2020[7] - OEM Certs were 7,978 in Q4 2020 and 21,214 for the full year 2020[7] - Facilitated Loan Origination Volume was $625.889 million in Q4 2020 and $2.126 billion for the full year 2020[7] - Average Profit Share Revenue per Cert was $686 in Q4 2020 and $658 for the full year 2020[7] - New Vehicle Certs accounted for 17.2% of total and Used Vehicle Certs accounted for 82.8% of total in Q4 2020[7] Strategic Initiatives - The company is focused on expanding its core business, pursuing OEM opportunities, leveraging CECL relief, launching into new channels, and broadening its offerings[6]
Open Lending(LPRO) - 2020 Q4 - Earnings Call Transcript
2021-03-10 03:40
Open Lending Corporation (NASDAQ:LPRO) Q4 2020 Results Conference Call March 9, 2021 5:00 PM ET Company Participants John Flynn - Chairman and Chief Executive Officer Ross Jessup - President and Chief Operating Officer Chuck Jehl - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ashish Sabadra - Deutsche Bank Peter Heckmann - Davidson Randy Binner - B. Riley Joseph Vafi - Canaccord John Davis - Raymond James Bob Napoli - William Blair Vincent Caintic - Stephens ...
Open Lending (LPRO) Presents At Technology & Internet Virtual Conference - Slideshow
2021-01-15 22:00
INVESTOR PRESENTATION Disclaimer Disclaimer: This presentation (this "Presentation") is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to Open Lending Corporation ("Open Lending") and for no other purpose. This Presentation and any oral statements made in connection with this Presentation do not constitute an offer to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any securities in any juri ...