Open Lending Stock (NASDAQ:LPRO)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$6.56

52W Range

$4.57 - $8.70

50D Avg

$6.02

200D Avg

$5.92

Market Cap

$739.97M

Avg Vol (3M)

$337.62K

Beta

1.13

Div Yield

-

LPRO Company Profile


Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

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Industry

Financial - Credit Services

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

210

IPO Date

Mar 26, 2018

Website

LPRO Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Profit Share$43.30M$90.06M$133.22M
Program Fee$64.09M$80.61M$75.63M
Administrative Service$10.07M$8.93M$6.81M
TPA Fee---

Fiscal year ends in Dec 23 | Currency in USD

LPRO Financial Summary


Dec 23Dec 22Dec 21
Revenue$117.46M$179.59M$215.66M
Operating Income$29.07M$97.61M$205.81M
Net Income$22.07M$66.62M$146.08M
EBITDA$30.23M$100.71M$206.93M
Basic EPS$0.18$0.53$1.16
Diluted EPS$0.18$0.53$1.16

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 09, 24 | 1:12 PM
Q2 24Aug 10, 24 | 12:03 PM
Q1 24May 07, 24 | 12:00 AM

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