OppFi: Attractive Company Facing Strong Economic Risks

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  Posted by Two Blokes Fri at 10:15 AM - Filed in Stock - 2 views
  
  OppFi had a strong Q1, with net income growing by 101% YOY and adjusted net income by 285%, driving a 10% stock surge. Despite impressive earnings, subprime borrowers pose high risks due to economic uncertainty, inflation, and a potential recession, making OPFI too risky an investment. OppLoans platform provides loans to subprime borrowers with steady income and direct deposits, but high default rates and inflation pressures are concerning.