Oportun's post-tightening vintages are performing better than pre-tightening. However, the company changed the presentation of metrics again, making it difficult to compare their performance to previous quarters. On a positive note, a decrease in the interest rate on the latest financing. Management continues guiding to decreasing operating costs by a further 30 million per quarter.
OPRT Update (Q4 and Full Year 2023 results)
OPRT Update (Q4 and Full Year 2023 results)
OPRT Update (Q4 and Full Year 2023 results)
Oportun's post-tightening vintages are performing better than pre-tightening. However, the company changed the presentation of metrics again, making it difficult to compare their performance to previous quarters. On a positive note, a decrease in the interest rate on the latest financing. Management continues guiding to decreasing operating costs by a further 30 million per quarter.