Open Lending
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Open Lending's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 35% to $117,460,000. Profit margin reached 19%. Total operating expenses were $66,103,000.
Profit Margin
| 2017 | 32.38M | -30.68K | -0.09% |
|---|---|---|---|
| 2018 | 52.19M | 28.27M | 54.18% |
| 2019 | 92.84M | 62.54M | 67.36% |
| 2020 | 108.89M | -97.56M | -89.6% |
| 2021 | 215.65M | 146.08M | 67.74% |
| 2022 | 179.59M | 66.62M | 37.09% |
| 2023 | 117.46M | 22.07M | 18.79% |
LPRO Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 117.46M | 179.59M | 215.65M | 108.89M | 92.84M | 52.19M | 32.38M |
Cost of revenue | 22.28M | 19.96M | 18.62M | 9.78M | 7.80M | 4.60M | 3.01M |
Gross profit | 95.17M | 159.62M | 197.03M | 99.10M | 85.04M | 47.58M | 29.36M |
Operating exp. | |||||||
Research and development | 5.57M | 8.20M | 4.35M | 1.96M | 1.17M | 802K | 691K |
Selling and marketing | 17.48M | 17.85M | 12M | 7.84M | 7.48M | 6.18M | 4.53M |
Total operating expenses | 66.10M | 62.01M | 46.74M | 42.38M | 22.42M | 19.11M | 30.68K |
Operating income | 29.07M | 97.61M | 205.80M | 56.71M | 62.61M | 28.47M | -30.68K |
Other income (expenses), net | -217K | -4.07M | -14.63M | -147.70M | -101K | 170K | 0 |
Income before tax | 28.85M | 93.54M | 191.16M | -90.99M | 62.51M | 28.31M | -30.68K |
Income tax expense | 6.78M | 26.92M | 45.08M | 6.57M | -30K | 37K | 59K |
Net income | 22.07M | 66.62M | 146.08M | -97.56M | 62.54M | 28.27M | -30.68K |
Earnings per share | |||||||
Basic EPS | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | -0.00 |
Diluted EPS | 0.18 | 0.53 | 1.16 | -1.18 | 1.66 | 0.31 | -0.00 |
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