OppFi Historical Income Statement
| OPFI Stock | USD 7.98 0.02 0.25% |
Historical analysis of OppFi income statement accounts such as Other Operating Expenses of 221.5 M can show how well OppFi Inc performed in making a profits. Evaluating OppFi income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of OppFi's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining OppFi Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether OppFi Inc is a good buy for the upcoming year.
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About OppFi Income Statement Analysis
OppFi Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to OppFi shareholders. The income statement also shows OppFi investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
OppFi Income Statement Chart
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Total Revenue
Total revenue comprises all receipts OppFi Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of OppFi Inc. It is also known as OppFi overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from OppFi Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of OppFi Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on OppFi income statement and is an important metric when analyzing OppFi Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from OppFi's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into OppFi Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of now, OppFi's Net Income Applicable To Common Shares is increasing as compared to previous years. The OppFi's current EBIT is estimated to increase to about 62.6 M, while Interest Expense is projected to decrease to under 28.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 183.1M | 221.7M | 231.2M | 221.5M | Total Revenue | 350.6M | 452.9M | 508.9M | 356.9M |
OppFi income statement Correlations
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OppFi Account Relationship Matchups
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OppFi income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 20.7M | 19.3M | 21.9M | 35.2M | 46.8M | 28.6M | |
| Selling General Administrative | 36.6M | 19.5M | 111.9M | 29.2M | 36.1M | 48.3M | |
| Total Revenue | 229.1M | 291.0M | 350.6M | 452.9M | 508.9M | 356.9M | |
| Other Operating Expenses | 173.7M | 192.3M | 183.1M | 221.7M | 231.2M | 221.5M | |
| Operating Income | 53.6M | 77.5M | 165.2M | (6.3M) | 46.4M | 63.5M | |
| Income Before Tax | 33.0M | 77.5M | 90.1M | 3.1M | 41.8M | 46.8M | |
| Net Income | 12.3M | 77.5M | 89.8M | 7.1M | (1.0M) | (954.8K) |
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When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OppFi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OppFi. If investors know OppFi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OppFi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.631 | Earnings Share 0.353 | Revenue Per Share 13.499 | Quarterly Revenue Growth 0.256 | Return On Assets 0.1177 |
The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OppFi's market value can be influenced by many factors that don't directly affect OppFi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.