24/7 Market News Snapshot 07 May, 2025 – OppFi Inc. (NYSE:OPFI)

May 7, 2025

DENVER, Colo., 07 May, 2025 (www.247marketnews.com) – (NYSE:OPFI) are discussed in this article.
OppFi Inc. (OPFI) commenced trading today at $10.90 and is currently priced at $10.68, marking a significant increase of approximately 10.1% from the previous session’s closing price of $9.70. The stock has recorded a trading volume of 1.38 million shares, signaling robust market activity. This upward momentum hints at potential bullish trends, although investors should remain cautious of volatility. Key support levels for the stock could be positioned around $10.00, while potential resistance may emerge near $11.00. Careful monitoring of these levels, along with volume trends, will be critical for investors considering entry or exit strategies in this expanding fintech landscape.

In addition to strong trading performance, OppFi has announced impressive financial results for the first quarter of 2025, reporting record revenues of $140.3 million, reflecting a 10.1% increase from $127.3 million in the same quarter last year. The company also achieved a remarkable 101.3% growth in net income, totaling $20.4 million. CEO Todd Schwartz underscored the significance of their disciplined growth strategy and improved credit modeling as fundamental factors in driving these results. As a consequence of this success, OppFi has increased its full-year guidance for adjusted net income to a range of $106 million to $113 million.

Furthermore, OppFi demonstrated a substantial 285.1% increase in adjusted net income, rising to $33.8 million from $8.8 million in the prior year, translating to an adjusted earnings per share of $0.38—a considerable increase from last year’s $0.10. The company also reported a solid balance sheet, with a funding capacity of approximately $615.8 million and an increased undrawn debt capacity of $237 million. These resources position OppFi well for continued innovation and expansion of services aimed at assisting everyday Americans, reaffirming its commitment to enhancing financial health through transparent and responsible offerings. Looking ahead, OppFi is poised for ongoing growth and service enhancement within the dynamic economic landscape.

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