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LPRO| Name | Value |
|---|---|
| Revenues | 38.2M |
| Cost of Revenue | 6.1M |
| Gross Profit | 32.0M |
| Operating Expense | 16.3M |
| Operating I/L | 15.7M |
| Other Income/Expense | -0.2M |
| Interest Income | 2.5M |
| Pretax | 15.5M |
| Income Tax Expense | 4.1M |
| Net Income/Loss | 11.4M |
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.
