Open Lending Corporation Capital Expenditures

Capital Expenditures of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Capital Expenditures growth rates and interactive chart. Capital expenditures, commonly known as Capex, are funds used by a company to acquire, upgrade, and maintain physical or intangible assets such as property, buildings, an industrial plant, technology, software or equipment. Capex is often used to undertake new projects or investments by the firm. A company must invest over its lifetime into productive assets to maintain its competitiveness and ensure its survival.


Highlights and Quick Summary

  • Capital Expenditures for the quarter ending December 30, 2020 was $-99 Thousand (a -85.29% decrease compared to previous quarter)
  • Year-over-year quarterly Capital Expenditures increased by 200.0%
  • Annual Capital Expenditures for 2020 was $-1.2 Million (a 1108.08% increase from previous year)
  • Annual Capital Expenditures for 2019 was $-99 Thousand (a -6.6% decrease from previous year)
  • Twelve month Capital Expenditures ending December 30, 2020 was $-1.23 Million (a 5.67% increase compared to previous quarter)
  • Twelve month trailing Capital Expenditures increased by 499.51% year-over-year
Trailing Capital Expenditures for the last four month:
30 Dec '20 29 Sep '20 29 Jun '20 30 Dec '19
$-1.23 Million $-1.16 Million $-490 Thousand $-205 Thousand
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Historical Capital Expenditures of Open Lending Corporation

Most recent Capital Expendituresof LPRO including historical data for past 10 years.

Interactive Chart of Capital Expenditures of Open Lending Corporation

Open Lending Corporation Capital Expenditures for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $-0.1 $-0.67 $-0.42 $-1.2
2019 $-0.03 $-0.01 $-0.06 $-0.1
2018 $-0.11 $-0.11
2017 $0.0 $0.0

Business Profile of Open Lending Corporation

Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, 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.