24/7 Market News Snapshot 05 March, 2025 – OppFi Inc. (NYSE:OPFI)

March 5, 2025

DENVER, Colo., 05 March, 2025 (247marketnews.com) – (NYSE:OPFI) are discussed in this article.
OppFi Inc. (NYSE:OPFI) has witnessed a robust performance in the market, starting today with an opening price of $11.25, which marked a bullish increase of 10.48%. As of the current trading session, the stock stands at $10.33, reflecting a slight pullback from its initial surge. With trading volumes at 3.78 million shares, investor interest in the company is notably heightened, and this price movement may indicate a potential reversal, provided the stock maintains levels above key support. Resistance levels are noted around the opening price of $11.25, suggesting a necessary phase of consolidation which investors should monitor closely in the coming sessions for trend confirmations.

Significantly, OppFi has reported a remarkable fiscal performance for the fourth quarter of 2024, highlighting a total revenue of $135.7 million, a 2.1% increase compared to the same period last year, surpassing both internal and market expectations. The company also achieved substantial net income growth, soaring by 619.7% year-over-year to about $14.0 million, while adjusted net income experienced a 140.3% increase, reaching $20.3 million. This growth helped expand the net revenue margin to an impressive 59.5%, a significant 1,000 basis point improvement year-over-year, showcasing enhanced operational efficiencies and effective credit risk management.

Additionally, total net originations for the year touched $214 million, signifying an 11% rise from the previous year, solidifying OppFi’s growth trajectory. The leadership emphasized the collective resilience and focus of the team in achieving these record outcomes, expressing optimism for sustaining this growth momentum into 2025. With strategic initiatives firmly in place, OppFi is well-positioned to continue delivering innovative financial solutions and enhancing value for its stakeholders.

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