Highlights and Quick Summary
- Income from Continuous Operations for the quarter ending December 30, 2020 was $23.5 Million (a -133.1% decrease compared to previous quarter)
- Year-over-year quarterly Income from Continuous Operations decreased by -14137.98%
- Annual Income from Continuous Operations for 2020 was $-97.6 Million (a -3861.14% decrease from previous year)
- Annual Income from Continuous Operations for 2019 was $2.59 Million (a -3.39% decrease from previous year)
- Annual Income from Continuous Operations for 2018 was $2.69 Million (a -8846.25% decrease from previous year)
- Twelve month Income from Continuous Operations ending December 30, 2020 was $-97.6 Million (a -35.72% decrease compared to previous quarter)
- Twelve month trailing Income from Continuous Operations decreased by -7233.96% year-over-year
Trailing Income from Continuous Operations for the last four month:
| 30 Dec '20 | 29 Sep '20 | 29 Jun '20 | 30 Mar '20 |
|---|---|---|---|
| $-97.6 Million | $-152 Million | $-65.9 Million | $1.37 Million |
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Historical Income from Continuous Operations of Open Lending Corporation
Most recent Income from Continuous Operationsof LPRO including historical data for past 10 years.Interactive Chart of Income from Continuous Operations of Open Lending Corporation
Open Lending Corporation Income from Continuous Operations for the past 10 Years (both Annual and Quarterly)
(All values are in $ million)
| Year | Q1 | Q2 | Q3 | Q4 | Fiscal Year |
|---|---|---|---|---|---|
| 2020 | $23.54 | $-71.13 | $-49.81 | $-0.17 | $-97.56 |
| 2019 | $-30.66 | $14.72 | $17.48 | $1.06 | $2.59 |
| 2018 | $0.97 | $0.74 | $0.77 | $0.21 | $2.69 |
| 2017 | $0.98 | – | – | – | $-0.03 |
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.