Slide 1: Q3 2025 Earnings Presentation
Q3 2025 Earnings Presentation October 29, 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 sces prepared by third parties. While such information is believed to be reliable for the purposes used herein, the
Slide 3: Q3 2025 Earnings Highlights: Record Quarterly Total Revenue, Net Income and Adjusted Net Income
Q3 2025 Earnings Highlights: Record Quarterly Total Revenue, Net Income and Adjusted Net Income Adjusted Net Income of $40.7 million1, an Net income of $75.9 million, an increase of increase of $11.9 million year over year, a new $43.9 million year over year, a new company company quarter record, an
Slide 4: At-A-Glance
Mission-driven Platform Providing best-in-class products and customer service with a 76 NPS Score1 Significant Economic Scale Facilitated more than $8.2 billion in gross loan issuance covering over 4.5 million loans, since inception2 At-A-Glance Profitable Across Business Cycles 10 consecutive years
Slide 5: Selected Customer Testimonials
Results Selected Customer Testimonials Outstanding Customer Satisfaction “OppLoans has a great interest rate compared to many other pay day loan 76 Net Promoter Score (NPS) options. The loans make it so you can pay it back without being stuck in a dead end loan. Customer Service is excellent! I have
Slide 6: Financial Highlights
Financial Highlights
Slide 7: Q3 2025 Financial Highlights
Q3 2025 Financial Highlights Significant Adjusted Net Income expansion year over year, driven by record revenue and prudent expense management $75.9M Net Income $41 $0.46 $41.6M Net Income Attributable to +39% OppFi Inc. +41% $29 $0.33 $40.7M Adj. Net Income1 $1.48 $13 $0.16 Basic EPS $0.77 Diluted
Slide 8: Q3 2025 Performance: Improvement in Both Total Revenue and Operating Expense Margin
Q3 2025 Performance: Improvement in Both Total Revenue and Operating Expense Margin $155 42.4% 45.1% +14% 41.1% $133 $137 34.3% 35.1% 36.2% -490bps +80bps Q3 2023 Q3 2024 Q3 2025 Q3 2023 Q3 2024 Q3 2025 Q3 2023 Q3 2024 Q3 2025 Total Revenue1 ($M) Net Charge-Off Rate2 Operating Expense Margin Total r
Slide 9: Q3 2025 Key Performance Indicators
Q3 2025 Key Performance Indicators UNAUDITED QUARTER ENDED • Total net originations increased 12% year over year as a result of ($ in millions) 9/30/2024 9/30/2025 increased demand from both new and returning customers and improvements to OppFi’s credit model allowing for higher average loan Total N
Slide 10: Free Cash Flow Generation & Capital Allocation Optionality
Free Cash Flow Generation ($M)1 Free Cash Flow $66M of Free Cash Flow generated through the first nine months of 2025, even as issuance growth is accelerating Generation & Capital $74.6 $66.1 Allocation Optionality 2025 Key Liquidity and Capital Allocation Highlights • $30.0M in repayment of remaini
Slide 11: Full Year 2025 Earnings Guidance
Full Year 2025 Earnings Guidance Total Revenue Adjusted Net Income1 Adjusted EPS1,2 $590M $137M $1.54 to to to $605M $142M $1.60 Raised from Raised from Raised from $578M - $605M $125M - $130M $1.39 to $1.44 1. Non-GAAP Financial Measures: Adjusted Net Income and Adjusted EPS are financial measures
Slide 12: Appendix
Appendix
Slide 13: Q3 2025 Income Statement
Q3 2025 Income Statement (in Thousands, except share and per share data) Three Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Revenue: Interest and loan related income $ 153,706 $ 135,535 $ 18,171 13.4% Other revenue 1,383 1,058 325 30.7% 155,089 136,593 18,496 13.5% Change in fair va
Slide 14: YTD 2025 Income Statement
YTD 2025 Income Statement (in Thousands, except share and per share data) Nine Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Revenue: Interest and loan related income $ 433,968 $ 386,890 $ 47,078 12.2% Other revenue 3,832 3,350 482 14.4% 437,800 390,240 47,560 12.2% Change in fair va
Slide 15: Condensed Balance Sheet
Condensed Balance Sheet September 30, December 31, Variance (in Thousands) 2025 2024 $ % Unaudited Assets Cash and restricted cash $ 75,193 $ 88,288 $ (13,095) (14.8%) Finance receivables at fair value 541,899 473,696 68,203 14.4% Equity method investment 18,888 19,194 (306) (1.6%) Other assets 84,6
Slide 16: Condensed Cash Flow Statement
Condensed Cash Flow Statement (in Thousands) Nine Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Net cash provided by operating activities $ 284,481 $ 229,299 $ 55,182 24.1% Net cash used in investing activities (218,419) (170,607) (47,812) 28.0% Net cash used in financing activities
Slide 17: Q3 2025 Adjusted Net Income Reconciliation
Q3 2025 Adjusted Net Income Reconciliation (in Thousands, except share and per share data) Three Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Net income $ 75,933 $ 32,057 $ 43,876 136.9% Income tax expense 5,647 2,297 3,350 145.9% Other income (82) (80) (2) 2.5% Change in fair value
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) Nine Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Net income $ 107,803 $ 69,864 $ 37,939 54.3% Income tax expense 8,522 3,615 4,907 135.7% Other income (241) (239) (2) 0.8% Change in
Slide 19: Q3 2025 Adjusted Earnings per Share Reconciliation
Q3 2025 Adjusted Earnings per Share Reconciliation Three Months Ended September 30, (Unaudited) 2025 2024 Weighted average Class A common stock outstanding 28,163,404 20,248,004 Weighted average Class V voting stock outstanding 58,852,443 65,664,358 Dilutive impact of restricted stock units 969,852
Slide 20: Year to Date 2025 Adjusted Earnings per Share Reconciliation
Year to Date 2025 Adjusted Earnings per Share Reconciliation Nine Months Ended September 30, (Unaudited) 2025 2024 Weighted average Class A common stock outstanding 26,168,321 19,711,752 Weighted average Class V voting stock outstanding 60,590,252 65,908,534 Dilutive impact of restricted stock units
Slide 21: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation (in Thousands) Nine Months Ended September 30, Variance (Unaudited) 2025 2024 $ % Net cash provided by operating activities $ 284,481 $ 229,299 $ 55,182 24.1% Net cash used in investing activities (218,419) (170,607) (47,812) 28.0% Add back cash used for the acquisition
Slide 22: Thank You
Thank You