Open Lending Corporation

NasdaqGM LPRO

Open Lending Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 4.78%

Open Lending Corporation Net Income Margin is 4.78% for the Trailing 12 Months (TTM) ending September 30, 2024, a -72.79% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Open Lending Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 17.57%, a -63.60% change year over year.
Open Lending Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 48.26%, a -26.34% change year over year.
Open Lending Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 65.52%, a 165.53% change year over year.
Open Lending Corporation Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -99.99%.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NasdaqGM: LPRO

Open Lending Corporation

CEO	Mr. Charles D. Jehl CPA
IPO Date	March 26, 2018
Location	United States
Headquarters	1501 South Mopac Expressway
Employees	210
Sector	Finance
Industries Insurance Banking & Lending Blockchain Credit Cards & Payments Fintech Point-Of-Sale (POS) Rating Agencies Software-as-a-Service (SaaS)

Description

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.

Key trends

Past 5 years