Oportun Financial (OPRT) investor relations material

Business performance and strategic direction

• Achieved six consecutive quarters of GAAP profitability, with $957 million in 2025 revenue and $148 million adjusted EBITDA.

• Appointed new CEO and Chief Risk Officer, both with significant fintech and risk management experience.

• Focused on serving underserved, low-to-moderate income individuals with unsecured and secured personal loans and a savings product.

• Secured personal loans grew 30% year-over-year, now 9% of portfolio, with lower losses and higher revenue per loan.

• Set & Save savings app recognized as top in its category, helping members save $1,800 annually on average.

Technology, underwriting, and operational efficiency

• AI-driven underwriting leverages alternative data and machine learning for precise credit decisions.

• Underwriting parameters can be adjusted overnight to respond to market shifts.

• 79% of loan applicants used the mobile digital channel; 90% of payments made via debit or ACH.

• 100% income verification and custom bureau scores support robust credit oversight.

Credit performance and risk management

• 79% of Q1 originations were to returning members, up from 64% a year ago.

• New V13 underwriting model launched in Q2, incorporating alternative data to improve predictive power.

• Q1 30-plus delinquency rate was 4.5%, expected to improve to 4.1%-4.2% in Q2.

• Q1 net charge-off rate was 12.655%, reflecting seasoning of earlier vintages.

• Median gross income of Q1 approved borrowers was $56,000, with strong employment and residential stability.