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Oportun Financial (FRA:4L0) Gross-Profit-to-Asset % : 7.39% (As of Jun. 2024)


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What is Oportun Financial Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Oportun Financial's annualized Gross Profit for the quarter that ended in Jun. 2024 was €223.1 Mil. Oportun Financial's average Total Assets over the quarter that ended in Jun. 2024 was €3,017.4 Mil. Therefore, Oportun Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 7.39%.


Oportun Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for Oportun Financial's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oportun Financial Gross-Profit-to-Asset % Chart

Oportun Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 22.68 15.16 22.05 20.10 7.87

Oportun Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.53 9.94 8.34 9.48 7.39

Competitive Comparison of Oportun Financial's Gross-Profit-to-Asset %

For the Credit Services subindustry, Oportun Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oportun Financial's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Oportun Financial's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Oportun Financial's Gross-Profit-to-Asset % falls into.



Oportun Financial Gross-Profit-to-Asset % Calculation

Oportun Financial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=257.371/( (3411.328+3128.701)/ 2 )
=257.371/3270.0145
=7.87 %

Oportun Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=223.084/( (3015.301+3019.585)/ 2 )
=223.084/3017.443
=7.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Oportun Financial Gross-Profit-to-Asset % Related Terms

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Oportun Financial Business Description

Traded in Other Exchanges
Address
2 Circle Star Way, San Carlos, CA, USA, 94070
Oportun Financial Corp is engaged in providing financial services to people who either do not have a credit score or who may have a limited credit history. The company offers Personal Loans and Auto Loans to its customers. Its product offerings include small-dollar, unsecured installment loans and other products and services.

Oportun Financial Headlines

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