LPRO
Income statement / Annual
Last year (2023), Open Lending Corporation's total revenue was $117.46 M,
a decrease of 34.60% from the previous year.
In 2023, Open Lending Corporation's net income was $22.07 M.
See Open Lending Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$117.46 M
|
$179.59 M
|
$215.66 M
|
$108.89 M
|
$92.85 M
|
$52.19 M
|
$32.38 M
|
| Cost of Revenue |
$22.28 M |
$19.97 M |
$18.62 M |
$9.79 M |
$7.81 M |
$4.60 M |
$3.02 M |
| Gross Profit |
$95.18 M |
$159.63 M |
$197.03 M |
$99.11 M |
$85.04 M |
$47.59 M |
$29.36 M |
| Gross Profit Ratio |
0.81 |
0.89 |
0.91 |
0.91 |
0.92 |
0.91 |
0.91 |
| Research and Development
Expenses |
$5.58 M
|
$8.21 M
|
$4.35 M
|
$1.96 M
|
$1.17 M
|
$802,000.00
|
$691,000.00
|
| General & Administrative
Expenses |
$43.04 M
|
$35.95 M
|
$30.39 M
|
$32.58 M
|
$13.77 M
|
$12.13 M
|
$7.99 M
|
| Selling & Marketing
Expenses |
$17.49 M
|
$17.86 M
|
$12.00 M
|
$7.84 M
|
$7.48 M
|
$6.19 M
|
$4.53 M
|
| Selling, General &
Administrative Expenses |
$60.53 M
|
$53.81 M
|
$42.39 M
|
$40.43 M
|
$21.26 M
|
$18.31 M
|
$30,682.00
|
| Other Expenses |
$0.00 |
-$238,000.00 |
$55.30 M |
-$4.38 M |
$197,000.00 |
$170,000.00 |
$0.00 |
| Operating Expenses |
$66.10 M |
$62.01 M |
$46.75 M |
$42.39 M |
$22.43 M |
$19.12 M |
$30,682.00 |
| Cost And Expenses |
$88.39 M |
$81.98 M |
$65.37 M |
$52.18 M |
$30.23 M |
$23.72 M |
$30,682.00 |
| Interest Income |
$10.34 M |
$2.00 M |
$213,000.00 |
$202,000.00 |
$24,000.00 |
$13,000.00 |
$408,000.00 |
| Interest Expense |
$10.66 M |
$5.83 M |
$5.86 M |
$11.60 M |
$322,000.00 |
$341,000.00 |
$0.00 |
| Depreciation &
Amortization |
$1.78 M
|
$1.49 M
|
$1.67 M
|
$1.77 M
|
$105,000.00
|
$80,000.00
|
$20,000.00
|
| EBITDA |
$41.30 M
|
$100.87 M
|
$198.69 M
|
-$77.62 M
|
$62.94 M
|
$28.55 M
|
$16.17 M
|
| EBITDA Ratio |
0.35 |
0.56 |
0.96 |
0.5 |
0.68 |
0.55 |
0.5 |
| Operating Income Ratio
|
0.25
|
0.54
|
0.95
|
0.52
|
0.67
|
0.55
|
-0
|
| Total Other
Income/Expenses Net |
-$217,000.00
|
-$4.08 M
|
$40.88 M
|
-$147.71 M
|
-$101,000.00
|
-$158,000.00
|
$0.00
|
| Income Before Tax |
$28.86 M |
$93.54 M |
$191.17 M |
-$90.99 M |
$62.51 M |
$28.32 M |
-$30,682.00 |
| Income Before Tax Ratio
|
0.25
|
0.52
|
0.89
|
-0.84
|
0.67
|
0.54
|
-0
|
| Income Tax Expense |
$6.79 M |
$26.92 M |
$45.09 M |
$6.57 M |
-$30,000.00 |
$37,000.00 |
$59,000.00 |
| Net Income |
$22.07 M |
$66.62 M |
$146.08 M |
-$97.56 M |
$62.54 M |
$28.28 M |
-$30,682.00 |
| Net Income Ratio |
0.19 |
0.37 |
0.68 |
-0.9 |
0.67 |
0.54 |
-0 |
| EPS |
0.18 |
0.53 |
1.16 |
-1.18 |
1.66 |
0.31 |
-0.001 |
| EPS Diluted |
0.18 |
0.53 |
1.16 |
-1.18 |
1.66 |
0.31 |
-0.001 |
| Weighted Average Shares
Out |
$120.83 M
|
$126.11 M
|
$126.35 M
|
$82.91 M
|
$37.63 M
|
$91.85 M
|
$31.25 M
|
| Weighted Average Shares
Out Diluted |
$121.47 M
|
$126.26 M
|
$126.39 M
|
$82.91 M
|
$37.63 M
|
$91.85 M
|
$31.25 M
|
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