Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.2M | $92.8M | $109M | $216M | $180M | $117M | $24.0M | $93.2M |
| Revenue growth | — | 77.9% | 17.3% | 98.0% | -16.7% | -34.6% | -79.5% | 288.0% |
| Gross profit | $47.6M | $85.0M | $99.1M | $197M | $160M | $95.2M | $169K | $71.7M |
| Gross margin | 91.2% | 91.6% | 91.0% | 91.4% | 88.9% | 81.0% | 0.7% | 76.9% |
| Operating income | $28.5M | $62.6M | $56.7M | $150M | $97.6M | $29.1M | -$65.4M | -$5.01M |
| Operating margin | 54.6% | 67.4% | 52.1% | 69.7% | 54.4% | 24.8% | -272.1% | -5.4% |
| Net income | $28.3M | $62.5M | -$97.6M | $146M | $66.6M | $22.1M | -$135M | -$4.24M |
| Net margin | 54.2% | 67.4% | -89.6% | 67.7% | 37.1% | 18.8% | -562.0% | -4.5% |
| EPS (diluted) | -$1.17 | -$2.97 | -$1.09 | $1.16 | $0.53 | $0.18 | -$1.13 | -$0.04 |
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $28.6M | $41.8M | $24.6M | $95.2M | $107M | $82.7M | $17.6M | -$3.19M |
| Capital expenditures | $106K | $99.0K | $1.20M | $111K | $238K | $123K | $165K | $56.0K |
| Free cash flow | $28.5M | $41.7M | $23.4M | $95.0M | $107M | $82.5M | $17.4M | -$3.25M |
| Share buybacks | $0.00 | $0.00 | $37.5M | $20.0M | $18.0M | $37.3M | $0.00 | $4.89M |
| Dividends paid | $18.9M | $42.4M | $136M | $0.00 | $0.00 | — | — | — |
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $11.1M | $7.68M | $102M | $116M | $204M | $240M | $243M | $177M |
| Total assets | — | $79.2M | $294M | $319M | $380M | $374M | $296M | $237M |
| Total liabilities | — | $9.02M | $267M | $160M | $167M | $168M | $218M | $162M |
| Long-term debt | — | — | $153M | $143M | $144M | $139M | $132M | $77.3M |
| Shareholders' equity | -$134M | -$235M | $26.6M | $159M | $213M | $206M | $78.1M | $75.0M |
| Retained earnings | -$107M | -$243M | -$428M | -$282M | -$216M | -$194M | -$329M | -$333M |
| Shares (wtd avg diluted) | 37.6M | 37.6M | 82.9M | 126M | 126M | 121M | 119M | 119M |
Every figure is extracted from Open Lending Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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