Slide 1: Q2 2025 Earnings Presentation
Q2 2025 Earnings Presentation August 6, 2025
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) of OppFi Inc. (“OppFi” or the “Company”) is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, t
Slide 3: Q2 2025 Earnings Highlights
Q2 2025 Earnings Highlights: Record Quarterly Total Revenue and Adjusted Net Income GAAP net income of $11.5 million, a decrease of $16.2 million year over year, and Adjusted Net income margin of 8.1%, and adjusted net Net Income of $39.4 million1, an increase of income margin of 27.7%1, an expansio
Slide 4: At-A-Glance
Mission-driven Platform Providing best-in-class products and customer service with a 79 NPS Score1 Significant Economic Scale Facilitated more than $7.8 billion in gross loan issuance covering over 4.3 million loans, since inception2 At-A-Glance Profitable Across Business Cycles 10 consecutive years
Slide 5: Results Selected Customer Testimonials
Results Selected Customer Testimonials Outstanding Customer Satisfaction “You were very easy to work with. I had an issue with funds being deposited 79 Net Promoter Score (NPS) into my account because I entered in a wrong number on my part and your reps handled it fast and efficiently and money was
Slide 6: Financial Highlights
Financial Highlights
Slide 7: Q2 2025 Financial Highlights
Q2 2025 Financial Highlights Significant Adjusted Net Income expansion year over year, driven by record revenue, improvement in the net charge-off rate, and prudent expense management $11.5M Net Income $39 $0.45 $(20.8M) Net Loss Attributable to OppFi Inc. +59% +55% $0.29 $39.4M $25 Adj. Net Income1
Slide 8: Q2 2025 Performance: Improvement Across Key Profitability Drivers
Q2 2025 Performance: Improvement Across Key Profitability Drivers $142 36.2% 45.9% 45.0% $126 +13% 32.5% -14% $122 31.9% -2% 38.9% Q2 2023 Q2 2024 Q2 2025 Q2 2023 Q2 2024 Q2 2025 Q2 2023 Q2 2024 Q2 2025 Total Revenue ($M) Net Charge-Off Rate1 Operating Expense Margin Total revenue increased 12.8% Yo
Slide 9: Q2 2025 Key Performance Indicators
Q2 2025 Key Performance Indicators UNAUDITED QUARTER ENDED • Total net originations increased 14% year over year as a result of ($ in millions) 6/30/2025 6/30/2024 increased demand from returning customers and improvements to our credit model driving higher issuance for our refinance and returning c
Slide 10: Free Cash Flow Generation & Capital Allocation Optionality
Free Cash Flow Generation ($M)1 Free Cash Flow $64M of Free Cash Flow generated through the first half of 2025, even as issuance growth is accelerating Generation & Capital $74.4 Allocation Optionality $63.8 2025 Key Liquidity and Capital Allocation Highlights • $30.0M in repayment of remaining corp
Slide 11: Full Year 2025 Earnings Guidance
Full Year 2025 Earnings Guidance Total Revenue Adjusted Net Income1 Adjusted EPS1,2 $578M $125M $1.39 to to to $605M $130M $1.44 Raised from Raised from Raised from $563M - $594M $106M - $113M $1.18 to $1.26 1. Non-GAAP Financial Measures: Adjusted Net Income and Adjusted EPS are financial measures
Slide 12: Appendix
Appendix
Slide 13: Q2 2025 Income Statement
Q2 2025 Income Statement (in Thousands, except share and per share data) Three Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Interest and loan related income $ 141,144 $ 125,076 $ 16,068 12.8% Other revenue 1,299 1,228 71 5.8% Total revenue 142,443 126,304 16,139 12.8% Change in fair valu
Slide 14: YTD 2025 Income Statement
YTD 2025 Income Statement (in Thousands, except share and per share data) Six Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Interest and loan related income $ 280,262 $ 251,355 $ 28,907 11.5% Other revenue 2,449 2,292 157 6.9% Total revenue 282,711 253,647 29,064 11.5% Change in fair valu
Slide 15: Condensed Balance Sheet
Condensed Balance Sheet June 30, December 31, Variance (in Thousands) 2025 2024 $ % Unaudited Assets Cash and restricted cash $ 78,265 $ 88,288 $ (10,023) (11.4%) Finance receivables at fair value 491,488 473,696 17,792 3.8% Equity method investment 18,574 19,194 (620) (3.2%) Other assets 85,048 59,
Slide 16: Condensed Cash Flow Statement
Condensed Cash Flow Statement (in Thousands) Six Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Net cash provided by operating activities $ 179,357 $ 151,732 $ 27,625 18.2% Net cash used in investing activities (115,561) (77,344) (38,217) 49.4% Net cash used in financing activities (73,819
Slide 17: Q2 2025 Adjusted Net Income Reconciliation
Q2 2025 Adjusted Net Income Reconciliation (in Thousands, except share and per share data) Three Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Net income $ 11,480 $ 27,676 $ (16,196) (58.5%) Income tax expense 1,224 914 310 33.9% Other income (79) (79) - - Change in fair value of warrant
Slide 18: Year to Date 2025 Adjusted Net Income Reconciliation
Year to Date 2025 Adjusted Net Income Reconciliation (in Thousands, except share and per share data) Six Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Net income $ 31,870 $ 37,807 $ (5,937) (15.7%) Income tax expense 2,875 1,318 1,557 118.1% Other income (159) (159) - - Change in fair val
Slide 19: Q2 2025 Adjusted Earnings per Share Reconciliation
Q2 2025 Adjusted Earnings per Share Reconciliation Three Months Ended June 30, (Unaudited) 2025 2024 Weighted average Class A common stock outstanding 26,610,330 19,675,934 Weighted average Class V voting stock outstanding 60,251,993 91,380,789 Elimination of earnouts at period end - (25,500,000) Di
Slide 20: Year to Date 2025 Adjusted Earnings per Share Reconciliation
Year to Date 2025 Adjusted Earnings per Share Reconciliation Six Months Ended June 30, (Unaudited) 2025 2024 Weighted average Class A common stock outstanding 25,158,196 19,440,680 Weighted average Class V voting stock outstanding 61,470,613 91,531,964 Elimination of earnouts at period end - (25,500
Slide 21: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation (in Thousands) Six Months Ended June 30, Variance (Unaudited) 2025 2024 $ % Net cash provided by operating activities $ 179,357 $ 151,732 $ 27,625 18.2% Net cash used in investing activities (115,561) (77,344) (38,217) 49.4% 1 Free cash flow $ 63,796 $ 74,388 $ (10,592)
Slide 22: Thank You
Thank You