Stonegate Capital Partners Updates 3Q24 Report on OppFi, Inc. (OPFI)
OppFi (NYSE: OPFI) reported strong financial results for Q3 2024, with total revenue reaching $136.6M, representing a 2.6% year-over-year increase. The company achieved record-breaking performance with net income of $32.1M, marking a 106.4% year-over-year growth. Adjusted net income rose 116.2% to $28.8M. The company's net revenue margin expanded by 992 basis points to 66.7% compared to Q3 2023. These results significantly exceeded both Stonegate Capital Partners and consensus estimates for revenue, adjusted net income, and adjusted EPS.
OppFi (NYSE: OPFI) ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con un fatturato totale che ha raggiunto $136,6M, rappresentando un incremento del 2,6% rispetto all'anno precedente. L'azienda ha ottenuto prestazioni record con un reddito netto di $32,1M, segnando una crescita del 106,4% rispetto all'anno passato. Il reddito netto rettificato è aumentato del 116,2% a $28,8M. Il margine di entrate nette dell'azienda si è ampliato di 992 punti base, raggiungendo il 66,7% rispetto al terzo trimestre del 2023. Questi risultati hanno ampiamente superato le stime di Stonegate Capital Partners e il consenso riguardante fatturato, reddito netto rettificato e EPS rettificato.
OppFi (NYSE: OPFI) reportó resultados financieros sólidos para el tercer trimestre de 2024, con ingresos totales que alcanzaron $136.6M, lo que representa un aumento del 2.6% en comparación con el año anterior. La compañía logró un rendimiento récord con un ingreso neto de $32.1M, marcando un crecimiento del 106.4% en comparación con el año anterior. El ingreso neto ajustado aumentó un 116.2% para llegar a $28.8M. El margen de ingresos netos de la compañía se expandió en 992 puntos básicos, alcanzando el 66.7% en comparación con el tercer trimestre de 2023. Estos resultados superaron significativamente tanto las estimaciones de Stonegate Capital Partners como las del consenso en cuanto a ingresos, ingreso neto ajustado y EPS ajustado.
OppFi (NYSE: OPFI)는 2024년 3분기 동안 강력한 재무 결과를 보고했으며, 총 수익이 $136.6M에 도달하여 전년 대비 2.6% 증가했습니다. 이 회사는 순이익 $32.1M을 기록하며 106.4%의 전년 대비 성장을 달성했습니다. 조정된 순이익은 $28.8M로 116.2% 증가했습니다. 회사의 순 매출 마진은 2023년 3분기 대비 992베이시스 포인트 확장되어 66.7%에 도달했습니다. 이러한 결과는 Stonegate Capital Partners 및 수익, 조정된 순이익, 조정된 EPS에 대한 합의 추정치를 모두 크게 초과했습니다.
OppFi (NYSE: OPFI) a annoncé de solides résultats financiers pour le troisième trimestre 2024, avec un chiffre d'affaires total atteignant $136,6M, représentant une augmentation de 2,6% par rapport à l'année précédente. L'entreprise a enregistré des performances record avec un bénéfice net de $32,1M, marquant une croissance de 106,4% d'une année sur l'autre. Le bénéfice net ajusté a augmenté de 116,2% pour atteindre $28,8M. La marge de revenu net de l'entreprise s'est élargie de 992 points de base, atteignant 66,7% par rapport au troisième trimestre 2023. Ces résultats ont largement dépassé les estimations de Stonegate Capital Partners et les prévisions consensuelles pour le chiffre d'affaires, le bénéfice net ajusté et le BPA ajusté.
OppFi (NYSE: OPFI) hat im dritten Quartal 2024 starke Finanzergebnisse gemeldet, mit einem Gesamtumsatz von $136,6M, was einem Anstieg von 2,6% im Vergleich zum Vorjahr entspricht. Das Unternehmen erzielte einen Rekordgewinn mit einem Nettogewinn von $32,1M, was einem Wachstum von 106,4% im Vergleich zum Vorjahr entspricht. Der bereinigte Nettogewinn stieg um 116,2% auf $28,8M. Die Nettoumsatzmarge des Unternehmens weitete sich um 992 Basispunkte auf 66,7% im Vergleich zum dritten Quartal 2023 aus. Diese Ergebnisse übertrafen sowohl die Schätzungen von Stonegate Capital Partners als auch die Konsensschätzungen für Umsatz, bereinigten Nettogewinn und bereinigtes EPS deutlich.
- Record quarterly net income of $32.1M, up 106.4% YoY
- Revenue growth of 2.6% YoY to $136.6M
- Adjusted net income increase of 116.2% YoY to $28.8M
- Net revenue margin expansion of 992 basis points to 66.7%
- Outperformed analyst estimates across all key metrics
- None.
Insights
A standout quarter for OppFi with significant financial outperformance across key metrics. Revenue of
The
Dallas, Texas--(Newsfile Corp. - November 8, 2024) - OppFi, Inc. (NYSE: OPFI): Stonegate Capital Partners updates coverage on OppFi (NYSE: OPFI). OppFi reported revenue, adj. Net Income, and adj. EPS of
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Key Takeaways:
- Net income increased
106.4% year over year to$32.1 million , a Company record for any quarter. - Adjusted net income increased
116.2% year over year to$28.8 million . - Total revenue increased
2.6% year over year to$136.6 million .
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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229280
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