Stonegate Capital Partners has updated its coverage on OppFi, Inc. (NYSE: OPFI), emphasizing the company's strong performance in fiscal year 2025. OppFi exited FY25 with record revenue of $597.1 million, adjusted net income of $139.8 million, and adjusted earnings per share of $1.59, representing year-over-year increases of 13.5%, 69.1%, and $0.64, respectively. GAAP net income also rose 74.4% to $146.2 million. The results were driven by the company's Model 6 underwriting platform, broader use of risk-based pricing, and solid operating discipline, which improved unit economics and margin conversion.
Management also returned capital to shareholders, repurchasing $15.5 million of shares at an average price of $10.04, with $20.9 million remaining under the current authorization. The company's strong free cash flow, ample liquidity, and lower funding costs have significantly improved capital flexibility. FY25 marked a meaningful step forward in profitability, underwriting, and capital return capacity, according to the update.
Looking ahead, OppFi's FY26 guidance supports continued momentum, with management expecting solid growth despite recent credit pressure, which appears temporary rather than structural. The full announcement, including downloadable images and bios, can be accessed here. Stonegate Capital Partners, a leading capital markets advisory firm, provides investor relations, equity research, and institutional investor outreach services for public companies. Its affiliate, Stonegate Capital Markets (member FINRA), offers investment banking and capital raising services.
This update underscores OppFi's trajectory toward sustained profitability and operational efficiency, positioning the company for continued growth in the evolving financial services landscape.
