OppFi (US:OPFI) Prnewswire·2025-10-29 11:00Core Insights - OppFi Inc. reported a record net income of $75.9 million for Q3 2025, marking a 136.9% increase year over year [1] - Adjusted net income reached $40.7 million, a 41.4% increase year over year, also a company record [1] - Total revenue for Q3 2025 was $155.1 million, up 13.5% from the previous year, setting a new quarterly record [1] - The company raised its full-year revenue guidance to between $590 million and $605 million, and adjusted net income guidance to between $137 million and $142 million [1][21] Financial Performance - For the three months ended September 30, 2025, total revenue was $155.1 million, compared to $136.6 million in 2024, reflecting a 13.5% increase [5] - Net income for the same period was $75.9 million, up from $32.1 million in 2024, a 136.9% increase [5] - Adjusted net income for Q3 2025 was $40.7 million, compared to $28.8 million in Q3 2024, a 41.4% increase [5] - Basic EPS increased to $1.48 from $0.21, a 602.1% rise, while diluted EPS rose to $0.77 from $0.21, a 265.4% increase [5] Key Metrics - Total net originations for Q3 2025 were $246.1 million, a 12.5% increase from $218.8 million in Q3 2024 [12] - Ending receivables increased to $481.0 million, up 16.3% from $413.7 million in the previous year [12] - The auto-approval rate improved to 79.1%, up from 76.8% year over year, indicating enhanced operational efficiency [12] Guidance and Outlook - The company raised its full-year revenue guidance to between $590 million and $605 million, and adjusted net income guidance to between $137 million and $142 million [1][21] - Adjusted EPS guidance for the full year is now projected to be between $1.54 and $1.60 [21] Strategic Positioning - The CEO highlighted the company's strategic positioning with the Model 6.1 refit and risk-based pricing to mitigate exposure during economic volatility [2] - Auto approval rates have increased, contributing to improved operational efficiency year over year [2]