Open Lending Corporation

NasdaqGM LPRO

Open Lending Corporation Operating Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD 4.90 M

Open Lending Corporation Operating Income is USD 4.90 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -88.80% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Open Lending Corporation Operating Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 43.75 M, a -65.84% change year over year.
Open Lending Corporation Operating Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 128.07 M, a -8.09% change year over year.
Open Lending Corporation Operating Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 139.35 M, a 179.91% change year over year.
Open Lending Corporation Operating Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 49.78 M.

Key data

Date	Operating Income	EBIT	EBITDA	Net Income

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