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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Interest and loan related income, net $ 91,448,000 $ 62,493,000 $ 253,581,000 $ 198,187,000
Other income 529,000 266,000 1,029,000 506,000
Interest and other income 91,977,000 62,759,000 254,610,000 198,693,000
Provision for credit losses on finance receivables (143,000) (16,303,000) (181,000) (56,136,000)
Provision for repurchase liability 0 (1,577,000) 0 (6,619,000)
Change in fair value of finance receivables (18,940,000) 0 (52,635,000) 0
Net revenue 72,894,000 44,879,000 201,794,000 135,938,000
Expenses:        
Salaries and employee benefits 17,326,000 8,933,000 46,292,000 25,947,000
Direct marketing costs 15,580,000 2,170,000 34,502,000 5,446,000
Interest expense and amortized debt issuance costs 6,414,000 4,512,000 17,270,000 16,161,000
Interest expense - related party 0 141,000 137,000 420,000
Professional fees 9,511,000 1,875,000 15,391,000 3,979,000
Depreciation and amortization 2,712,000 1,799,000 7,289,000 4,775,000
Technology costs 2,696,000 1,954,000 7,265,000 5,646,000
Payment processing fees 2,001,000 1,082,000 5,313,000 2,828,000
Occupancy 1,006,000 841,000 2,765,000 2,262,000
Management fees - related party 0 280,000 350,000 280,000
General, administrative and other 4,136,000 1,950,000 11,337,000 6,836,000
Total expenses 61,382,000 25,537,000 147,911,000 74,580,000
Income from operations 11,512,000 19,342,000 53,883,000 61,358,000
Other income:        
Gain on forgiveness of Paycheck Protection Program loan 6,444,000 0 6,444,000 0
Change in fair value of warrant liability 13,139,000 0 13,139,000 0
Income before income taxes 31,095,000 19,342,000 73,466,000 61,358,000
Provision for income taxes 703,000 0 703,000 0
Net income 30,392,000 $ 19,342,000 72,763,000 $ 61,358,000
Less: net income attributable to noncontrolling interest 16,267,000   58,638,000  
Net income attributable to OppFi Inc. $ 14,125,000   $ 14,125,000  
Earnings Per Share [Abstract]        
Basic (in dollars per share) $ 1.06 $ 0 $ 1.08 $ 0
Diluted (in dollars per share) $ 1.06 $ 0 $ 1.08 $ 0
Weighted average common shares outstanding:        
Basic (in dollars per share) 13,363,995 0 13,107,873 0
Diluted (in dollars per share) 13,363,995 0 13,107,873 0
Pro forma:        
Pro forma income tax expense (unaudited) $ 703,000 $ 0 $ 703,000 $ 0
Pro forma net income (unaudited) $ 30,392,000 19,342,000 $ 72,763,000 61,358,000
Pro Forma        
Other income:        
Income before income taxes   19,342,000   61,358,000
Provision for income taxes   561,000   1,779,000
Net income   18,781,000   59,579,000
Pro forma:        
Pro forma income tax expense (unaudited)   561,000   1,779,000
Pro forma net income (unaudited)   $ 18,781,000   $ 59,579,000