OppFi SPAC Presentation Deck
32
Exceptional Unit Economics - OppLoan Product
Illustrative Lifetime Value of a Customer
Revenue Realized ¹
$1,657
2.
3.
5.
6.
($623)
Net Losses²
($200)
Note: Customer average length is 2.5 loans, with -11 month weighted average life. -75% of lifetime contribution occurs after the first loan
1. Revenue realized based on amortization schedule adjusted for prepay (lost interest income) and refinancing
Acquisition Cost 3
Represents write-offs net of recoveries assuming -38% of revenue realized is written-off
Assumes $200 cost per funded loan (CPF) on new loans; refinance loans incur no acquisition cost
Includes customer center personnel costs (servicing and origination), underwriting and bank processing fees
Represents interest expense paid by Company on debt-financed loan portion (82% of original loan)
Represents pre-tax income per new loan origination
($138)
Sales Cost4
($92)
Interest Expense
MOIC
~2.2x
$604
Contribution
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