Open Lending Corporation Interest Expense (Operating)

Interest Expense (Operating) of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Interest Expense (Operating) growth rates and interactive chart.

Highlights and Quick Summary

  • Interest Expense (Operating) for the quarter ending March 30, 2021 was $3.29 Million (a -9.17% decrease compared to previous quarter)
  • Year-over-year quarterly Interest Expense (Operating) decreased by -9.74%
  • Annual Interest Expense (Operating) for 2019 was $11.6 Million (a 3502.8% increase from previous year)
  • Twelve month Interest Expense (Operating) ending March 30, 2021 was $14.1 Million
Trailing Interest Expense (Operating) for the last four month:
30 Mar '21
$14.1 Million
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Historical Interest Expense (Operating) of Open Lending Corporation

Most recent Interest Expense (Operating)of LPRO including historical data for past 10 years.

Interactive Chart of Interest Expense (Operating) of Open Lending Corporation

Open Lending Corporation Interest Expense (Operating) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $3.29
2020 $3.62 $3.57 $3.64 $11.6
2019 $0.32

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.