XNASLPRO
Market cap617mUSD
Jan 10, Last price
5.17USD
1D
-5.31%
1Q
-9.77%
IPO
-48.51%
Name
Open Lending Corp
Chart & Performance
P/E
27.96
P/S
5.25
EPS
0.18
Div Yield, %
0.00%
Shrs. gr., 5y
5.75%
Rev. gr., 5y
17.61%
Revenues
117m
-34.60%
Net income
22m
-66.87%
CFO
83m
-23.06%
Earnings
Feb 25, 2025
Profile
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 117,460 -34.60% | 179,594 -16.72% | |||||
Cost of revenue | 88,385 | 81,979 | |||||
Unusual Expense (Income) | |||||||
NOPBT | 29,075 | 97,615 | |||||
NOPBT Margin | 24.75% | 54.35% | |||||
Operating Taxes | 6,788 | 26,920 | |||||
Tax Rate | 23.35% | 27.58% | |||||
NOPAT | 22,287 | 70,695 | |||||
Net income | 22,070 -66.87% | 66,620 -54.40% | |||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (37,322) | (18,018) | |||||
BB yield | 3.61% | 2.11% | |||||
| Debt | |||||||
Debt current | 5,320 | 3,750 | |||||
Long-term debt | 146,257 | 151,847 | |||||
Deferred revenue | |||||||
Other long-term liabilities | 5,060 | 3,935 | |||||
Net debt | (88,629) | (69,854) | |||||
| Cash flow | |||||||
Cash from operating activities | 82,658 | 107,431 | |||||
CAPEX | (123) | (624) | |||||
Cash from investing activities | (2,178) | (624) | |||||
Cash from financing activities | (42,330) | (17,797) | |||||
FCF | 52,104 | 83,827 | |||||
| Balance | |||||||
Cash | 240,206 | 204,450 | |||||
Long term investments | 21,001 | ||||||
Excess cash | 234,333 | 216,471 | |||||
Stockholders' equity | (192,467) | (214,537) | |||||
Invested Capital | 551,234 | 582,811 | |||||
ROIC | 3.93% | 12.04% | |||||
ROCE | 8.10% | 26.51% | |||||
| EV | |||||||
Common stock shares outstanding | 121,475 | 126,262 | |||||
Price | 8.51 26.07% | 6.75 -69.97% | |||||
Market cap | 1,033,751 21.29% | 852,266 -70.00% | |||||
EV | 945,122 | 782,412 | |||||
EBITDA | 30,234 | 98,954 | |||||
EV/EBITDA | 31.26 | 7.91 | |||||
Interest | 10,661 | 5,832 | |||||
Interest/NOPBT | 36.67% | 5.97% | |||||