OPFI - OppFi: Dipping A Toe In The Water At Under $5
- Shares of OppFi have been slammed during the tech/growth selloff as well as in a market that has soured on de-SPACed companies.
- Shares are down 60% from their all-time high, but OppFi is performing well and growing revenue. OppFi has a five-year CAGR of 50% in the five years before going public.
- Valuation looks compelling, trading at just 5.5x next year's earnings and at a P/S of just over 2.
- This valuation looks even more compelling when compared to a peer like Upstart.
- OppFi is a quintessential beneficiary of tax loss harvesting ending.
For further details see:
OppFi: Dipping A Toe In The Water At Under $5