OppFi Inc

For the period ended Sep 30, 2024. Filed Nov 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 8, 2024

OPFI$6.03-2.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

Consolidated Statements of Stockholders’ Equity (Unaudited)

Class A Common Stock · Class V Voting Stock · Additional Paid- · Accumulated · Treasury · Noncontrolling · Total Stockholders’
	Shares	Amount	Shares	Amount	in Capital	Deficit	Stock	Interest	Equity
Balance, June 30, 2024	19,600,819	$2	91,286,966	$9	$80,951	$(57,341)	$(4,993)	$183,061	$201,689
Exchange of Class V shares	1,028,860	—	(1,028,860)	—	9,538	2,439	—	(11,977)	—
Issuance of common stock under equity incentive plan	224,564	—	—	—	—	—	—	—	—
Issuance of common stock under employee stock purchase plan	60,971	—	—	—	175	—	—	—	175
Issuance of Class V shares related to equity investment	—	—	734,851	—	2,836	—	—	—	2,836
Forfeiture of Class V shares related to forfeiture of earnout units	—	—	(25,500,000)	(2)	2	—	—	—	—
Stock-based compensation	—	—	—	—	1,086	—	—	—	1,086
Tax withholding on vesting of restricted stock units	(67,870)	—	—	—	(263)	—	—	—	(263)
Purchase of treasury stock	(264,995)	—	—	—	—	—	(1,018)	—	(1,018)
Member distributions	—	—	—	—	—	—	—	(13,459)	(13,459)
Tax receivable agreement	—	—	—	—	(163)	—	—	—	(163)
Deferred tax asset	—	—	—	—	(2,634)	—	—	—	(2,634)
Net income	—	—	—	—	—	4,264	—	27,793	32,057
Balance, September 30, 2024	20,582,349	$2	65,492,957	$7	$91,528	$(50,638)	$(6,011)	$185,418	$220,306
Balance, June 30, 2023	16,280,397	$2	94,037,840	$9	$70,889	$(60,993)	$(2,460)	$169,543	$176,990
Exchange of Class V shares	857,104	—	(857,104)	—	1,453	303	—	(1,756)	—
Issuance of common stock under equity incentive plan	311,125	—	—	—	—	—	—	—	—
Issuance of common stock under employee stock purchase plan	99,503	—	—	—	171	—	—	—	171
Stock-based compensation	—	—	—	—	1,086	—	—	—	1,086
Tax withholding on vesting of restricted stock units	(136,287)	—	—	—	(280)	—	—	—	(280)
Member distributions	—	—	—	—	—	—	—	(2,730)	(2,730)
Tax receivable agreement	—	—	—	—	(21)	—	—	—	(21)
Deferred tax asset	—	—	—	—	(915)	—	—	—	(915)
Net income	—	—	—	—	—	2,169	—	13,363	15,532
Balance, September 30, 2023	17,411,842	$2	93,180,736	$9	$72,383	$(58,521)	$(2,460)	$178,420	$189,833
Continued on next page

Consolidated Statements of Stockholders’ Equity (Unaudited) - Continued

Class A Common Stock · Class V Voting Stock · Additional Paid- · Accumulated · Treasury · Noncontrolling · Total Stockholders’
	Shares	Amount	Shares	Amount	in Capital	Deficit	Stock	Interest	Equity
Balance, December 31, 2023	18,850,860	$2	91,898,193	$9	$76,480	$(63,591)	$(2,460)	$183,589	$194,029
Exchange of Class V shares	1,640,087	—	(1,640,087)	—	10,658	2,460	—	(13,118)	—
Issuance of common stock under equity incentive plan	1,294,128	—	—	—	—	—	—	—	—
Issuance of common stock under employee stock purchase plan	127,043	—	—	—	294	—	—	—	294
Issuance of Class V shares related to equity investment	—	—	734,851	—	2,836	—	—	—	2,836
Forfeiture of Class V shares related to forfeiture of earnout units	—	—	(25,500,000)	(2)	2	—	—	—	—
Stock-based compensation	—	—	—	—	4,182	—	—	—	4,182
Tax withholding on vesting of restricted stock units	(295,059)	—	—	—	(1,004)	—	—	—	(1,004)
Purchase of treasury stock	(1,034,710)	—	—	—	—	—	(3,551)	—	(3,551)
Common stock dividend ($0.12 per share)	—	—	—	—	—	(2,374)	—	—	(2,374)
Member distributions	—	—	—	—	—	—	—	(42,050)	(42,050)
Tax receivable agreement	—	—	—	—	(33)	—	—	—	(33)
Deferred tax asset	—	—	—	—	(1,887)	—	—	—	(1,887)
Net income	—	—	—	—	—	12,867	—	56,997	69,864
Balance, September 30, 2024	20,582,349	$2	65,492,957	$7	$91,528	$(50,638)	$(6,011)	$185,418	$220,306
Balance, December 31, 2022	14,760,566	$2	94,937,285	$9	$65,501	$(63,546)	$(2,460)	$159,644	$159,150
Exchange of Class V shares	1,756,549	—	(1,756,549)	—	3,497	463	—	(3,960)	—
Issuance of common stock under equity incentive plan	841,392	—	—	—	—	—	—	—	—
Issuance of common stock under employee stock purchase plan	189,622	—	—	—	328	—	—	—	328
Stock-based compensation	—	—	—	—	3,070	—	—	—	3,070
Tax withholding on vesting of restricted stock units	(136,287)	—	—	—	(280)	—	—	—	(280)
Member distributions	—	—	—	—	—	—	—	(10,240)	(10,240)
Tax receivable agreement	—	—	—	—	938	—	—	—	938
Deferred tax asset	—	—	—	—	(671)	—	—	—	(671)
Net income	—	—	—	—	—	4,562	—	32,976	37,538
Balance, September 30, 2023	17,411,842	$2	93,180,736	$9	$72,383	$(58,521)	$(2,460)	$178,420	$189,833
See notes to consolidated financial statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.