OppFi, Inc. (NYSE:OPFI) Q4 2021 Earnings Conference Call March 10, 2022 5:00 PM ET Company Participants Todd Schwartz - Co-Founder, Executive Chairman & CEO Shiven Shah - CFO Conference Call Participants David Scharf - JMP Securities Christopher Brendler - D.A. Davidson & Co. Brian Lombardi - Seaport Operator Good afternoon. On today's call are Todd Schwartz, OppFi's Executive Chairman and Chief Executive Officer; and Shiven Shah, Chief Financial Officer. The company's fourth quarter and full year 2021 earn ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________________________ FORM 10-Q __________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___ ...

A Leading FinTech Platform for the Everyday Consumer Q3 2021 Earnings Presentation November 2021 1 Disclaimer This presentation (the "Presentation") of OppFi Inc. ("OppFi" or the "Company") is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, the Company makes no representation or warranty with respect to the accuracy of such information. Trademarks and t ...

Financial Data and Key Metrics Changes - Total originations reached a record $165 million, up 25% year-over-year and 14% sequentially, indicating strong demand for short-term credit [6][24] - Adjusted revenue for Q3 2021 was $92 million, a 25% increase compared to Q3 2020 and a 17% increase sequentially [7][23] - Adjusted EBITDA was $32 million, representing a 35% margin, with adjusted net income of $17 million for the quarter [7][38] - The annualized net charge-off ratio increased to 36%, up from 28% in Q2 2021 and 25% in Q3 2020, indicating a return to pre-COVID levels [25][79] Business Line Data and Key Metrics Changes - The ending receivables balance was $293 million, up 22% year-over-year and 13% sequentially [6][23] - 51% of originations were from new customers, a significant increase of approximately 40% from the previous quarter [24] - The company is investing heavily in technology, particularly in AI and machine learning tools, to enhance the credit approval process [8][9] Market Data and Key Metrics Changes - The demand environment is recovering but remains less steep than anticipated, with consumers holding higher cash reserves due to pandemic influences [14] - The company expects a gradual return to normalized demand as consumers work through their savings [14][15] Company Strategy and Development Direction - The company is focusing on product innovation and design to capture more market share, particularly through the introduction of SalaryTap and the OppFi credit card [10][11][44] - A personalized pricing approach is being explored to better align with consumer needs and drive growth [15][52] - The company aims to become a premier digital financial services destination by offering a comprehensive product suite [17][20] Management's Comments on Operating Environment and Future Outlook - Management noted that while originations accelerated, the demand rebound was less steep than expected due to various macroeconomic factors [14] - The company anticipates Q4 revenue will be supported by ongoing growth in originations and higher receivables, but earnings may be impacted by credit normalization and increased marketing efforts [16][46] - The long-term prospects remain positive, with a commitment to investing in the platform to drive future growth and increase market share [46] Other Important Information - The company published its inaugural Social Impact Report, highlighting the positive effects of its products on consumer credit scores [12] - The company has a diversified capital structure with nearly $500 million of funding capacity to support future growth plans [41] Q&A Session Summary Question: Demand environment and year-end balances outlook - Management indicated that the demand environment is broad-based and challenging to forecast due to external factors, with healthy growth compared to 2019 [50] Question: Impact of personalized pricing approach - Management clarified that the personalized pricing approach is separate from competitive factors and aims to drive customer growth while offering lower-priced products [52] Question: Timeline for SalaryTap and credit card product impact - Management expects both products to scale over time, with SalaryTap showing strong product-market fit [56] Question: Cadence of originations over the quarter - Management noted steady origination growth in the 20% range year-over-year, projecting similar trends for Q4 [62] Question: Credit quality and charge-off rates - Management expects charge-offs to normalize to pre-pandemic levels, with Q4 typically seeing higher charge-off rates [79][85]

OppFi Inc. (NYSE:OPFI) Q2 2021 Earnings Conference Call August 10, 2021 5:30 PM ET Company Participants Jason Rosenthal - Vice President, Finance Jared Kaplan - Chief Executive Officer Shiven Shah - Chief Financial Officer Conference Call Participants David Scharf - JMP Securities Mike Grondahl - Northland Securities Chris Brendler - D.A. Davidson Operator Greetings, and welcome to the OppFi Second Quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer se ...

A Leading FinTech Platform for the Everyday Consumer Q2 2021 Earnings Presentation August 2021 1 Disclaimer This presentation (the "Presentation") of OppFi Inc. ("OppFi" or the "Company") is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, the Company makes no representation or warranty with respect to the accuracy of such information. Trademarks and tra ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39550 OppFi Inc. (Exact name of registrant as specified in its charter) Delaware 85-1648122 (State or other jurisdict ...

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39550 FG NEW AMERICA ACQUISITION CORP. | (Exact name of registrant as specified in its charter) | | | --- | --- | | Delaware | 85-1648122 | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-38615 FG NEW AMERICA ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 851 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39550 FG NEW AMERICA ACQUISITION CORP. (Exact name of registrant as specified in its charter) Delaware 82-1648122 (State or other ...