Earnings release
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NEWS RELEASE OppFi " * OppFi Reports Third Quarter 2021 Financial Results 11/11/2021 Revenue up 47 % and Adjusted Revenue for the third quarter of 2021 up 25 % year over year Net Originations for the third quarter of 2021 up 25 % year over year and 14 % sequentially to a record $ 165 million Ending Receivables for the third quarter of 2021 up 22 % year over year and 13 % sequentially Net Income of $ 30.4 million for the third quarter of 2021 , $ 72.8 million for the first nine months of 2021 Adjusted Net Income of $ 17.4 million for the third quarter of 2021 , $ 54.4 million for the first nine months of 2021 , up 60 % over the first nine months of 2020 Basic and Diluted EPS of $ 1.06 for the third quarter of 2021 Adjusted Basic and Diluted EPS of $ 0.21 for the third quarter of 2021 CHICAGO -- ( BUSINESS WIRE ) -- OppFi Inc. ( NYSE : OPFI ) ( " OppFi " and " the Company " ) , a leading financial technology platform that powers banks to help the everyday consumer gain access to credit , today reported financial results for the third quarter ended September 30 , 2021 . " We are pleased with our results for the third quarter as growth continued to rebound with a record $ 165 million in quarterly originations together with strong revenue and profitability , " said Jared Kaplan , Chief Executive Officer of OppFi . " We remain excited about our ability to scale the OppFi platform with a multi - product solution to serve the everyday consumer . Recently we secured financing for our SalaryTap and OppFi Card businesses which we plan to 1