OppFi Results Presentation Deck
14
Continued Strong Profitability in 2021
Adjusted EBITDA increased year over year to $32.3M and Adjusted Net Income increased to $17.9M, primarily driven by credit improvement
and receivables growth, which positively impacted change in fair value. Adjusted Net Income was down quarter over quarter due to marketing
spend increases to support higher originations and future growth as well as higher interest expense as debt levels normalized.
Adj. EBITDA¹
($M)
Margin
Adj. Net Income¹
(SM)
Q2 2019
23.2
40%
12.9
+39%
+38%
Q2 2020
9.1
12%
1.6
+255%
+1,026%
Q1 2021
32.4
38%
19.3
(0%
-7%
Margin
20%
3%
31%
1. Adj. EBITDA and Adj. Net Income are not financial measures determined in accordance with GAAP. For a reconciliation to our most directly comparable financial measures calculated and
presented in accordance with GAAP, please see the Appendix included within this presentation.
Q2 2021
32.3
41%
17.9
30%
OppFi"View entire presentation