LPRO - Open Lending Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$4.00
DETAILS
HIGH:
$4.00
LOW:
$4.00
MEDIAN:
$4.00
CONSENSUS:
$4.00
UPSIDE:
89.57%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 93.2 | 24.0 | 117.5 | 179.6 | 215.7 | 108.9 | 92.8 | 52.2 | 32.4 |
| Cost of Revenue | 22.8 | 23.9 | 22.3 | 20.0 | 18.6 | 9.8 | 7.8 | 4.6 | 3.0 |
| Gross Profit | 70.4 | 0.2 | 95.2 | 159.6 | 197.0 | 99.1 | 85.0 | 47.6 | 29.4 |
| Operating Expenses | |||||||||
| R&D Expenses | 8.8 | 4.5 | 5.6 | 8.2 | 4.4 | 2.0 | 1.2 | 0.8 | 0.7 |
| SG&A Expenses | 77.4 | 61.1 | 60.5 | 53.8 | 42.4 | 40.4 | 21.3 | 18.3 | 0.0 |
| Other Expenses | (21.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 64.4 | 65.5 | 66.1 | 62.0 | 46.7 | 42.4 | 22.4 | 19.1 | 0.0 |
| Operating Income | |||||||||
| Operating Income | 6.0 | (65.4) | 29.1 | 97.6 | 150.3 | 56.7 | 62.6 | 28.5 | (0.0) |
| Interest Expense | 9.7 | 11.3 | 10.7 | 5.8 | 5.9 | 11.6 | 0.3 | 0.3 | 0 |
| Interest Income | 9.3 | 12.1 | 10.3 | 2.0 | 0.2 | 0.2 | 0.0 | 0.0 | 0.4 |
| Profitability | |||||||||
| EBITDA | 8.4 | (51.6) | 41.3 | 100.3 | 197.6 | (77.6) | 62.9 | 28.7 | 16.2 |
| EBIT | 6.0 | (53.3) | 39.5 | 99.4 | 197.0 | (79.4) | 62.8 | 28.7 | (0.0) |
| Income Before Tax | (5.4) | (64.6) | 28.9 | 93.5 | 191.2 | (91.0) | 62.5 | 28.3 | (0.0) |
| Income Tax Expense | (1.1) | 70.4 | 6.8 | 26.9 | 45.1 | 6.6 | (0.0) | 0.0 | 0 |
| Net Income | (4.2) | (135.0) | 22.1 | 66.6 | 146.1 | (97.6) | 62.5 | 28.3 | (0.0) |
| Per Share Data | |||||||||
| EPS (Basic) | -0.04 | -1.13 | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | -0.00 |
| EPS (Diluted) | -0.04 | -1.13 | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | -0.00 |
| Shares Outstanding | 118.6 | 119.2 | 120.8 | 126.1 | 126.4 | 82.9 | 37.6 | 91.8 | 31.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 176.6 | 243.2 | 240.2 | 204.4 | 116.5 | 101.5 | 7.7 | 1.2 | 0.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 29.1 | 18.6 | 40.4 | 69.9 | 78.4 | 54.7 | 33.5 | 10.4 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 17.0 | 14.0 | 9.3 | 6.4 | 5.4 | 4.7 | 3.5 | 0.0 | 0 |
| Total Current Assets | 222.7 | 275.7 | 289.9 | 280.7 | 202.8 | 162.8 | 45.2 | 1.2 | 0.0 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 3.5 | 4.6 | 7.9 | 7.2 | 7.9 | 6.9 | 0.3 | 0.3 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.0 | 5.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2.9 | 5.1 | 0 | 0 | 0 | 0 | 0 | 278.3 | 0 |
| Other Non-Current Assets | 3.5 | 5.6 | 6.1 | 26.6 | 42.7 | 39.1 | 33.7 | (0.3) | 0.2 |
| Total Non-Current Assets | 14.0 | 20.6 | 84.2 | 98.9 | 116.0 | 131.2 | 34.0 | 278.3 | 0.2 |
| Total Assets | 236.7 | 296.4 | 374.0 | 379.6 | 318.8 | 294.0 | 79.2 | 279.5 | 0.2 |
| Current Liabilities | |||||||||
| Account Payables | 0.4 | 1.0 | 0.4 | 0.3 | 1.3 | 3.4 | 1.3 | 0.1 | 0 |
| Short-Term Debt | 8.4 | 7.5 | 4.7 | 3.8 | 3.1 | 4.9 | 2.5 | 2.5 | 0.2 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.2) | 0 |
| Other Current Liabilities | 40.4 | 38.0 | 6.8 | 4.1 | 3.2 | 3.6 | 2.4 | 2.7 | 0.0 |
| Total Current Liabilities | 49.3 | 47.3 | 20.6 | 15.1 | 12.1 | 17.0 | 8.2 | 0.4 | 0.3 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 77.3 | 132.2 | 139.4 | 143.7 | 143.1 | 152.9 | 0.8 | 3.3 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 32.8 | 35.5 | 5.1 | 3.9 | 0 | 92.4 | 304.9 | 6.3 | 0 |
| Total Non-Current Liabilities | 112.5 | 171.0 | 147.9 | 151.7 | 147.8 | 250.4 | 305.8 | 9.6 | 0 |
| Total Liabilities | 161.7 | 218.3 | 168.5 | 166.8 | 159.8 | 267.4 | 314.0 | 10.0 | 0.3 |
| Stockholders' Equity | |||||||||
| Common Stock | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 0.4 | 0.0 | 0.0 |
| Retained Earnings | (333.0) | (328.8) | (193.7) | (215.8) | (282.4) | (428.4) | (242.8) | 2.7 | (0.0) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 |
| Total Stockholders' Equity | 75.0 | 78.1 | 205.6 | 212.8 | 159.0 | 26.6 | (234.8) | 269.5 | (0.0) |
| Total Liabilities & Equity | 236.7 | 296.4 | 374.0 | 379.6 | 318.8 | 294.0 | 79.2 | 279.5 | 0.2 |
| Debt Metrics | |||||||||
| Total Debt | 88.0 | 143.8 | 148.1 | 152.1 | 151.4 | 163.2 | 3.3 | 5.8 | 0.2 |
| Net Debt | (88.6) | (99.4) | (92.1) | (52.4) | 34.9 | 61.7 | (4.4) | 4.6 | 0.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (4.2) | (135.0) | 22.1 | 66.6 | 146.1 | (97.6) | 62.5 | 28.3 | 15.8 |
| Depreciation & Amortization | 2.4 | 1.7 | 1.2 | 0.9 | 0.5 | 1.8 | 0.1 | 0.1 | 0.0 |
| Stock-Based Compensation | 7.0 | 8.7 | 9.5 | 5.4 | 3.8 | 2.8 | 2.0 | 2.5 | 1.0 |
| Change in Working Capital | (9.7) | 70.9 | 53.9 | 33.1 | (29.8) | (19.1) | (23.0) | (2.3) | (3.3) |
| Other Non-Cash Items | 1.3 | 1.3 | 1.1 | 1.0 | (45.5) | 131.9 | 0.1 | 0.0 | (0.4) |
| Operating Cash Flow | (3.2) | 17.6 | 82.7 | 107.4 | 95.2 | 24.6 | 41.8 | 28.6 | 13.1 |
| Investing Activities | |||||||||
| Capital Expenditure | (0.1) | (0.2) | (2.2) | (0.6) | (2.0) | (1.2) | (0.1) | (0.1) | (0.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (1.0) | (3.7) | (2.1) | (0.4) | (1.9) | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (1.0) | (3.9) | (2.2) | (0.6) | (2.0) | (1.2) | (0.1) | (0.1) | (0.0) |
| Financing Activities | |||||||||
| Net Debt Issuance | (55.5) | (4.7) | (3.8) | 1.4 | (19.2) | 163.5 | (2.5) | (2.5) | (2.3) |
| Stock Repurchased | (4.9) | 0 | (37.3) | (18.0) | (20) | (37.5) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | (135.6) | (42.4) | (18.9) | (11.8) |
| Other Financing Activities | (1.1) | (1.8) | (1.3) | (1.2) | (38.6) | 80.4 | 0 | 0 | 0 |
| Financing Cash Flow | (61.5) | (6.4) | (42.3) | (17.8) | (77.8) | 70.8 | (44.9) | (21.4) | (14.1) |
| Cash Position | |||||||||
| Net Change in Cash | (65.7) | 7.3 | 38.1 | 89.0 | 15.4 | 94.2 | (3.2) | 7.1 | (1.0) |
| Cash at Beginning | 253.9 | 246.7 | 208.5 | 119.5 | 104.1 | 9.9 | 13.1 | 6.0 | 7.1 |
| Cash at End | 188.2 | 253.9 | 246.7 | 208.5 | 119.5 | 104.1 | 9.9 | 13.1 | 6.0 |
| Free Cash Flow | (3.2) | 17.4 | 80.5 | 106.8 | 93.2 | 23.4 | 41.7 | 28.5 | 13.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 93.2 | 24.0 | 117.5 | 179.6 | 215.7 | 108.9 | 92.8 | 52.2 | 32.4 |
| Gross Profit | 70.4 | 0.2 | 95.2 | 159.6 | 197.0 | 99.1 | 85.0 | 47.6 | 29.4 |
| Operating Income | 6.0 | (65.4) | 29.1 | 97.6 | 150.3 | 56.7 | 62.6 | 28.5 | (0.0) |
| Net Income | (4.2) | (135.0) | 22.1 | 66.6 | 146.1 | (97.6) | 62.5 | 28.3 | (0.0) |
| EPS (Diluted) | -0.04 | -1.13 | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | -0.00 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 176.6 | 243.2 | 240.2 | 204.4 | 116.5 | 101.5 | 7.7 | 1.2 | 0.0 |
| Total Assets | 236.7 | 296.4 | 374.0 | 379.6 | 318.8 | 294.0 | 79.2 | 279.5 | 0.2 |
| Total Debt | 88.0 | 143.8 | 148.1 | 152.1 | 151.4 | 163.2 | 3.3 | 5.8 | 0.2 |
| Stockholders' Equity | 75.0 | 78.1 | 205.6 | 212.8 | 159.0 | 26.6 | (234.8) | 269.5 | (0.0) |
| Cash Flow | |||||||||
| Operating Cash Flow | (3.2) | 17.6 | 82.7 | 107.4 | 95.2 | 24.6 | 41.8 | 28.6 | 13.1 |
| Capital Expenditure | (0.1) | (0.2) | (2.2) | (0.6) | (2.0) | (1.2) | (0.1) | (0.1) | (0.0) |
| Free Cash Flow | (3.2) | 17.4 | 80.5 | 106.8 | 93.2 | 23.4 | 41.7 | 28.5 | 13.0 |