OppFi (OPFI) reported an 85.7% gross margin for Q1 2025, up from 84.7% in Q4 2024 and 82.3% in Q1 2024, marking a consistent improvement since March 2024. The trailing 12-month EBITDA margin increased to 57.5%, from 46.7% in the prior quarter and 39.8% year-over-year. However, the net profit margin fell sharply to -2.8% in the latest quarter, despite a rise from 1.5% to 2.4% between Q1 and Q3 2024, largely due to minority interest expenses from the company’s Up-C structure, which allocates earnings to non-controlling interests.
In the past year, OppFi’s stock surged 294.5%, outperforming industry growth of 30.2% and rivals such as Green Dot and Remitly Global, which saw gains of 13.7% and 47.5% respectively. Currently, OPFI trades at a forward P/E ratio of 10.36, significantly lower than the industry average of 22.72. The company anticipates earnings for 2025 at $1.23 per share, indicating a projected 29.5% year-over-year growth.
