Open Lending (LPRO) Financials

Open Lending Corp (LPRO) provides its financials to give investors a comprehensive view of the company's performance. The income statement reveals the company's revenue, expenses, and ultimately its net income from stockholders for a specified period. It helps assess the profitability of Open Lending Corp. The ebit (earnings before interest and taxes) is a key metric that helps measure the operational profitability of the company without considering the impact of interest and taxes. EBITDA (earnings before interest, taxes, depreciation, and amortization) is another important metric that gives a clearer picture of the company's operational performance by excluding non-cash expenses. The gross profit represents the revenue minus the cost of goods sold, reflecting the profitability of Open Lending Corp's core operations. The total revenue indicates the sum of all the money generated by the company from its products or services. The balance sheet shows the company's financial position at a specific point in time, including its total assets, total liabilities, and stockholders' equity. Cash equivalents refer to highly liquid assets that are easily convertible into cash. Net debt represents the company's total debt minus its cash equivalents. Stockholders' equity represents the residual interest in the assets of the company after deducting its liabilities. It reflects the shareholders' ownership in Open Lending Corp. The total assets represent the combined value of the company's resources, including its cash, inventory, and property. Total debt represents the company's outstanding debt obligations to lenders. Total liabilities include the company's debts and other financial obligations. The cash flow statement summarizes the cash inflows and outflows from the company's operating, investing, and financing activities. The financing cash flow captures the cash flows related to the company's financing activities, including loans, debt issuances, and dividend payments. Free cash flow represents the cash generated by the company after deducting capital expenditures. The investing cash flow captures the cash flows related to the company's investments in assets such as property, plant, and equipment. Operating cash flow reflects the cash generated or used in the company's day-to-day operations.