OppFi Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company generated $136 million in revenue and recorded a net loss of $5.6 million.
The full-year 2024 results showed a substantial improvement, with net income increasing by 112% year-over-year. This growth reflects the company's operational efficiencies and credit initiatives implemented throughout the year.
Looking ahead, OppFi provided guidance for 2025, anticipating 7% to 13% revenue growth for the full year. The company also projected first-quarter 2025 adjusted net income to be between $22 million and $24 million, with full-year 2025 adjusted net income expected to grow 15% to 17% year-over-year.
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