For the quarter ending 2025-09-30, OPFI had -$3,072K decrease in cash & cash equivalents over the period. $99,938K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 75,933 | 31,870 |
| Change in fair value of finance receivables | -50,532 | -91,655 |
| Provision for credit losses on finance receivables | 0 | 0 |
| Depreciation and amortization | 1,133 | 3,262 |
| Debt issuance cost amortization | 870 | 1,687 |
| Stock-based compensation expense | 1,928 | 6,352 |
| Loss on disposition of equipment | 0 | -2 |
| Impairment of right of use asset | 0 | 155 |
| Deferred income taxes | 3,090 | 1,328 |
| Tax receivable agreement liability adjustment | -47 | -47 |
| Change in fair value of warrant liabilities | -31,688 | 54,911 |
| Income from equity method investment | 1,365 | 2,197 |
| Distribution received from equity method investment | 1,051 | 2,817 |
| Accrued interest and fees receivable | 3,271 | 2,916 |
| Settlement receivable | -4,037 | 2,001 |
| Operating lease, net | -72 | -120 |
| Other assets | 831 | 4,045 |
| Accounts payable | 373 | 1,852 |
| Accrued expenses | 3,357 | -5,302 |
| Net cash provided by operating activities | 105,124 | 179,357 |
| Finance receivables originated and acquired | 219,532 | 367,739 |
| Finance receivables repayments | 121,860 | 261,208 |
| Purchases of equipment and capitalized technology | 5,186 | 9,030 |
| Acquisition of equity method investment | 0 | - |
| Net cash used in investing activities | -102,858 | -115,561 |
| Member distributions | 10,397 | 47,863 |
| Borrowings of senior debt - revolving lines of credit | 195,935 | - |
| Payments of senior debt - revolving lines of credit | 163,919 | - |
| Net advances (payments) of senior debt - revolving lines of credit | - | 17,069 |
| Payments of senior debt - term loan | 0 | 30,000 |
| Payments of note payable | 0 | 0 |
| Payments for debt issuance costs | 1,716 | 3,197 |
| Proceeds from employee stock purchase plan | 332 | 91 |
| Exercise of warrants | 0 | 4 |
| Exercise of stock options | 0 | 1 |
| Payments of tax withholding on vesting of restricted stock units | 1,150 | 2,469 |
| Payments on tax receivable agreement liability | 0 | 1,041 |
| Purchase of treasury stock | 7,354 | 0 |
| Dividend paid on common stock | 0 | 6,414 |
| Net cash used in financing activities | -5,338 | -73,819 |
| Net (decrease) increase in cash and restricted cash | -3,072 | -10,023 |
| Cash and cash equivalents at beginning of period | 88,288 | - |
| Cash and cash equivalents at end of period | 75,193 | - |
OppFi Inc. (OPFI)
OppFi Inc. (OPFI)