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LPRO| Name | Value |
|---|---|
| Revenues | 38.4M |
| Cost of Revenue | 5.4M |
| Gross Profit | 32.9M |
| Operating Expense | 15.8M |
| Operating I/L | 17.1M |
| Other Income/Expense | -0.3M |
| Interest Income | 2.1M |
| Pretax | 16.8M |
| Income Tax Expense | 4.2M |
| Net Income/Loss | 12.5M |
Open Lending Corporation provides lending enablement and risk analytics solutions to financial institutions in the United States. Its flagship product, the Lenders Protection Program (LPP), is a Software as a Service platform that facilitates loan decision making and automated underwriting for third-party lenders. The LPP also enables 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.
