Financials Open Lending Corporation

Equities

LPRO

US68373J1043

Professional Information Services

Market Closed - Nasdaq Other stock markets 04:00:00 2025-07-18 pm EDT			5-day change	1st Jan Change
2.410 ^USD	-5.49%		-1.63%	-59.63%

Jun. 30	Open Lending Corporation Appoints Jessica Buss as Interim Principal Accounting Officer and Interim Principal Financial Officer, Effective June 29, 2025	CI
Jun. 30	Open Lending Corporation Announces Termination of Charles Jehl as Interim Chief Financial Officer Changes, Effective June 29, 2025	CI

Projected Income Statement: Open Lending Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	108.9	215.7	179.6	117.5	24.02	96.81	111.8	99.1
Change	-	98.04%	-16.72%	-34.6%	-79.55%	302.98%	15.48%	-11.36%
EBITDA ¹	69.53	155	105.7	50.17	-42.94	25.4	38.75	20.04
Change	-	122.92%	-31.78%	-52.55%	-185.58%	159.16%	52.53%	-48.27%
EBIT ¹	56.72	150.3	97.62	29.08	-65.38	6.628	19.26	4
Change	-	164.98%	-35.05%	-70.21%	-324.86%	110.14%	190.51%	-79.23%
Interest Paid ¹	-11.6	-5.859	-5.832	-10.66	-11.32	-10.41	-10.06	-11.25
Earnings before Tax (EBT) ¹	-90.99	191.2	93.54	28.86	-64.6	6.55	19.67	-1.4
Change	-	310.1%	-51.07%	-69.15%	-323.87%	110.14%	200.32%	-107.12%
Net income ¹	-97.56	146.1	66.62	22.07	-135	5.378	16.05	-1.381
Change	-	249.73%	-54.4%	-66.87%	-711.74%	103.98%	198.44%	-108.6%
Announcement Date	3/9/21	2/24/22	2/23/23	2/27/24	3/31/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	22.07	29.76	39.63	44.01	61.12	58.89	51.63	50.07	52.04	50.66	26.82	38.36	38.15	26.01	14.94	30.74	26.73	23.48	-56.92	24.39	23.63	23.91	24.83	27.19	27.18	27.72	28.29	24.35
Change	-	34.87%	33.17%	11.04%	38.9%	-3.65%	-12.33%	-3.03%	3.95%	-2.66%	-47.06%	43.03%	-0.54%	-31.84%	-42.56%	105.8%	-13.07%	-12.16%	-342.48%	142.85%	-3.11%	1.15%	3.87%	9.48%	-0.03%	2%	2.05%	-13.92%
EBITDA ¹	15.41	19.76	24.8	30.29	46.06	42.08	36.56	33.77	34.04	29.4	8.521	21.25	20.74	10.32	-2.14	12.52	9.859	7.767	-73.08	5.652	5.912	6.408	7.315	8.579	9.084	9.688	9.938	3.951
Change	-	28.18%	25.53%	22.14%	52.04%	-8.64%	-13.1%	-7.65%	0.82%	-13.64%	-71.02%	149.36%	-2.4%	-50.21%	-120.73%	685.05%	-21.25%	-21.22%	-1,040.94%	107.73%	4.6%	8.4%	14.15%	17.28%	5.89%	6.65%	2.58%	-60.24%
EBIT ¹	13.1	19.55	24.29	29.45	44.88	40.74	35.23	32.24	32.81	27.79	4.773	17.1	15.72	4.536	-8.277	7.323	3.99	1.866	-78.56	0.762	1.31	1.881	2.679	3.97	4.491	5.231	5.458	-0.056
Change	-	49.21%	24.2%	21.25%	52.4%	-9.22%	-13.53%	-8.47%	1.76%	-15.29%	-82.83%	258.18%	-8.05%	-71.15%	-282.47%	188.47%	-45.51%	-53.23%	-4,309.91%	100.97%	71.97%	43.51%	42.43%	48.23%	13.11%	16.47%	4.34%	-101.03%
Charge d'intérêts ¹	-3.644	-3.572	-3.621	-3.289	-1.122	-0.959	-0.489	-0.803	-1.124	-1.608	-2.297	-2.387	-2.655	-2.799	-2.82	-2.77	-2.736	-2.962	-2.849	-2.589	-2.635	-2.62	-2.582	-2.511	-2.49	-2.47	-2.423	-2.774
Earnings before Tax (EBT) ¹	-48.45	-67.11	16.39	17.33	99.23	39.82	34.78	31.46	31.71	26.26	4.104	16.77	15.51	4.535	-7.961	7.524	4.34	2.125	-78.59	0.673	1.289	1.848	2.746	4.1	4.672	5.441	5.722	-1.367
Change	-	-38.51%	124.42%	5.75%	472.54%	-59.87%	-12.64%	-9.55%	0.77%	-17.16%	-84.37%	308.7%	-7.52%	-70.76%	-275.55%	194.51%	-42.32%	-51.04%	-3,798.54%	100.86%	91.59%	43.34%	48.55%	49.34%	13.94%	16.45%	5.16%	-123.89%
Net income ¹	-49.8	-71.13	15.2	12.86	75.97	29.41	27.84	23.15	23.13	24.53	-4.189	12.54	11.37	3.003	-4.842	5.087	2.902	1.437	-144.4	0.617	0.9959	1.508	2.261	3.479	3.936	4.616	4.836	-1.367
Change	-	-42.82%	121.37%	-15.39%	490.62%	-61.28%	-5.35%	-16.83%	-0.12%	6.07%	-117.08%	399.31%	-9.31%	-73.59%	-261.24%	205.06%	-42.95%	-50.48%	-10,151.22%	100.43%	61.4%	51.47%	49.92%	53.83%	13.16%	17.25%	4.77%	-128.27%
Announcement Date	8/11/20	11/10/20	3/9/21	5/11/21	8/10/21	11/9/21	2/24/22	5/5/22	8/4/22	11/3/22	2/23/23	5/9/23	8/8/23	11/7/23	2/27/24	5/8/24	8/8/24	11/7/24	3/31/25	5/7/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Open Lending Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	53.6	29.8	-57	-103	-103	-103	-124	-
Change	-	-44.4%	-291.28%	-80.7%	0%	0.43%	-20.39%	-
Announcement Date	3/9/21	2/24/22	2/23/23	2/27/24	3/31/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Open Lending Corporation

Fiscal Period: December	2020	2022	2023	2024	2025	2026	2027
CAPEX ¹	1.196	0.624	2.178	0.165	3	4.02	4
Change	-	-	249.04%	-92.42%	1,718.18%	34%	-0.5%
Free Cash Flow (FCF) ¹	23.44	106.8	-	-	7.8	28.5	-
Change	-	-	-	-	-	265.38%	-100%
Announcement Date	3/9/21	2/23/23	2/27/24	3/31/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Open Lending Corporation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	63.85%	71.87%	58.88%	42.71%	-178.73%	26.24%	34.66%	20.23%
EBIT Margin (%)	-	52.09%	69.69%	54.35%	24.75%	-272.14%	6.85%	17.22%	4.04%
EBT Margin (%)	-	-83.56%	88.65%	52.08%	24.57%	-268.92%	6.77%	17.59%	-1.41%
Net margin (%)	-	-89.6%	67.74%	37.09%	18.79%	-561.98%	5.55%	14.36%	-1.39%
FCF margin (%)	-	21.53%	-	59.47%	-	-	8.06%	25.49%	-
FCF / Net Income (%)	-	-24.03%	-	160.32%	-	-	145.04%	177.58%	-
Profitability
ROA	75.21%	22.05%	30.65%	17.47%	4.82%	-12.19%	-	-	-
ROE	160.6%	-201.61%	157.41%	35.84%	10.55%	-95.19%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	0.77x	0.19x	-	-	-	-	-	-
Debt / Free cash flow	-	2.29x	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1.1%	-	0.35%	1.85%	0.69%	3.1%	3.6%	4.04%
CAPEX / EBITDA (%)	-	1.72%	-	0.59%	4.34%	-0.38%	11.81%	10.38%	19.96%
CAPEX / FCF (%)	-	5.1%	-	0.58%	-	-	38.46%	14.11%	-
Items per share
Cash flow per share ¹	-	0.2972	-	0.8509	0.6805	-	-	-	-
Change	-	-	-	-	-20.03%	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	0.2099	1.26	1.721	1.73	0.6091	0.69	0.84	-
Change	-	-	500.1%	36.65%	0.52%	-64.8%	13.28%	21.74%	-
EPS ¹	-	-1.09	1.16	0.53	0.18	-1.13	0.0486	0.1367	-0.01
Change	-	-	206.42%	-54.31%	-66.04%	-727.78%	104.3%	181.39%	-107.32%
Nbr of stocks (in thousands)	-	126,803	126,190	126,300	119,754	119,350	119,786	119,786	119,786
Announcement Date	-	3/9/21	2/24/22	2/23/23	2/27/24	3/31/25	-	-	-