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LPRO

Open Lending Corp - Class A

$10.87

Earnings Summary

Revenue
$52.04Mn
Net Profits
$23.13Mn
Net Profit Margins
44.44%
PE Ratio
12.99

Highlights

Revenue:

Open Lending Corp - Class A’s revenue fell -14.86% since last year same period to $52.04Mn in the Q2 2022. On a quarterly growth basis, Open Lending Corp - Class A has generated 3.95% jump in its revenue since last 3-months.

Net Profits:

Open Lending Corp - Class A’s net profit fell -69.56% since last year same period to $23.13Mn in the Q2 2022. On a quarterly growth basis, Open Lending Corp - Class A has generated -0.12% fall in its net profits since last 3-months.

Net Profit Margins:

Open Lending Corp - Class A’s net profit margin fell -64.25% since last year same period to 44.44% in the Q2 2022. On a quarterly growth basis, Open Lending Corp - Class A has generated -3.91% fall in its net profit margins since last 3-months.

PE Ratio:

Open Lending Corp - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 12.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Open Lending Corp - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.17
EPS Estimate Current Year
0.17

Highlights

EPS Estimate Current Quarter:

Open Lending Corp - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.17 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Open Lending Corp - Class A’s earning per share (EPS) estimates for the current year stand at 0.17.

Key Ratios

Key ratios of the Open Lending Corp - Class A post its Q2 2022 earnings

Return on Assets (ROA)
0.28
Return on Equity (ROE)
0.68
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Open Lending Corp - Class A’s return on assets (ROA) stands at 0.28.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Open Lending Corp - Class A’s return on equity (ROE) stands at 0.68.

Dividend Per Share (DPS):

Open Lending Corp - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.17
0.18
5.88%

Company Information

Open Lending provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. For 20 years they have been empowering financial institutions to create profitable auto loan portfolios by saying 'yes' to more automotive loans.

Organisation
Open Lending Corp - Class A
Employees
104
Industry
Finance