lpro: the income statement

MyFinsight

Open Lending Corp (LPRO)

For the quarter ending 2025-06-30, LPRO made $25,310K in revenue. $1,034K in net income. Net profit margin of 4.09%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenue	25,310	24,393	23,476	26,727
Cost of services	5,509	6,084	6,127	5,713
Gross profit	19,801	18,309	17,349	21,014
Selling and marketing	4,146	4,382	4,897	4,149
Research and development	2,515	2,267	992	1,130
General and administrative	11,964	10,898	9,594	11,745
Total operating expenses	18,625	17,547	15,483	17,024
Operating income	1,176	762	1,866	3,990
Interest income	2,357	2,500	3,221	3,086
Interest expense	2,419	2,589	2,962	2,736
Income before income taxes	1,114	673	2,125	4,340
Income tax expense	80	56	688	1,438
Net income	1,034	617	1,437	2,902

Basic (in dollars per share)	0.01	0.01	0.01	0.02
Basic (in shares)	118,866,000	119,451,000	119,252,503	119,206,370
Diluted (in dollars per share)	0.01	0.01	0.01	0.02
Diluted (in shares)	119,003,000	119,629,000	119,480,577	119,331,472

Unit: Thousand (K) dollars (except for numbers of shares and EPS)