Open Lending Corp
NASDAQ:LPRO
Income Statement
Earnings Waterfall
Open Lending Corp
Revenue
|
117.5m
USD
|
Cost of Revenue
|
-22.3m
USD
|
Gross Profit
|
95.2m
USD
|
Operating Expenses
|
-66.1m
USD
|
Operating Income
|
29.1m
USD
|
Other Expenses
|
-7m
USD
|
Net Income
|
22.1m
USD
|
Income Statement
Open Lending Corp
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
17
N/A
|
40
+127%
|
69
+75%
|
109
+57%
|
135
+24%
|
175
+29%
|
204
+17%
|
216
+6%
|
222
+3%
|
213
-4%
|
204
-4%
|
180
-12%
|
168
-7%
|
154
-8%
|
129
-16%
|
117
-9%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(7)
|
(10)
|
(11)
|
(13)
|
(17)
|
(19)
|
(20)
|
(21)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
15
N/A
|
35
+135%
|
62
+78%
|
99
+59%
|
125
+26%
|
162
+29%
|
187
+16%
|
197
+5%
|
202
+2%
|
192
-5%
|
185
-4%
|
160
-14%
|
147
-8%
|
132
-10%
|
108
-19%
|
95
-11%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(8)
|
(24)
|
(32)
|
(42)
|
(48)
|
(43)
|
(47)
|
(47)
|
(49)
|
(51)
|
(57)
|
(62)
|
(65)
|
(67)
|
(65)
|
(66)
|
|
Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(8)
|
(24)
|
(31)
|
(40)
|
(45)
|
(41)
|
(44)
|
(42)
|
(43)
|
(44)
|
(48)
|
(54)
|
(57)
|
(60)
|
(59)
|
(61)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(1)
N/A
|
(1)
N/A
|
(1)
-2%
|
(1)
+5%
|
(2)
-279%
|
7
N/A
|
11
+60%
|
31
+180%
|
57
+85%
|
77
+36%
|
118
+53%
|
139
+18%
|
150
+8%
|
153
+2%
|
141
-8%
|
128
-9%
|
98
-24%
|
82
-16%
|
65
-21%
|
42
-36%
|
29
-31%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
4
|
5
|
6
|
6
|
6
|
4
|
(2)
|
(7)
|
(11)
|
(14)
|
(11)
|
(9)
|
(6)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
47
|
47
|
47
|
55
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(49)
|
(132)
|
(136)
|
(136)
|
(88)
|
(5)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
4
N/A
|
5
+30%
|
5
+12%
|
5
+6%
|
4
-33%
|
10
+189%
|
(39)
N/A
|
(108)
-173%
|
(91)
+16%
|
(82)
+10%
|
66
N/A
|
173
+162%
|
191
+11%
|
205
+7%
|
138
-33%
|
124
-10%
|
94
-25%
|
79
-16%
|
63
-21%
|
41
-35%
|
29
-29%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(5)
|
(7)
|
(11)
|
(33)
|
(39)
|
(45)
|
(49)
|
(34)
|
(26)
|
(27)
|
(23)
|
(18)
|
(18)
|
(7)
|
|
Income from Continuing Operations |
3
|
4
|
3
|
3
|
3
|
10
|
(41)
|
(113)
|
(98)
|
(93)
|
33
|
133
|
146
|
156
|
104
|
99
|
67
|
56
|
44
|
23
|
22
|
|
Net Income (Common) |
3
N/A
|
4
+31%
|
3
-7%
|
3
+5%
|
3
-25%
|
17
+545%
|
(34)
N/A
|
(106)
-213%
|
(91)
+14%
|
(93)
-3%
|
33
N/A
|
133
+306%
|
146
+9%
|
156
+7%
|
104
-34%
|
99
-5%
|
67
-32%
|
56
-16%
|
44
-21%
|
23
-49%
|
22
-3%
|
|
EPS (Diluted) |
0.08
N/A
|
0.1
+25%
|
0.1
N/A
|
0.11
+10%
|
0.38
+245%
|
0.16
-58%
|
-0.68
N/A
|
-0.91
-34%
|
-1.09
-20%
|
-0.36
+67%
|
0.26
N/A
|
1.05
+304%
|
1.16
+10%
|
1.23
+6%
|
0.81
-34%
|
0.77
-5%
|
0.53
-31%
|
0.44
-17%
|
0.35
-20%
|
0.18
-49%
|
0.18
N/A
|