Open Lending(LPRO) - 2022 Q3 - Earnings Call Presentation

Earnings Supplement Q3 2022 Q3 2022 Financial Highlights Q3 2022 Q3 2021 Total Certs 42,186 49,332 Revenue $50.7 million$58.9 million Adj. EBITDA1 $29.4 million$42.1 million Adj. Operating Cash Flow2 $35.9 million$38.8 million (1) See reconciliation of GAAP to non-GAAP financial measures on page 6 (2) Defined as Adj. EBITDA, minus CAPEX, +/- change in contract assets 2 Understanding Changes in Contract Assets and Profit Share Revenue In LTM period on a net basis, ~157% of Changes in Contract Asset Estima ...