Makes personal loans to consumers refinancing credit card debt.
Jun 2026Revenue $1.05B/yrExpenses $798M/yr
Reached break-even Nov 2021
Figures by year
When did Happen become profitable?
Its revenue passed its expenses in Nov 2021. In the 12 months to Jun 2026, revenue was $1.05B and expenses $798M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $999M | $822M | $177M |
| Dec 2024 | $787M | $722M | $65.1M |
| Dec 2023 | $865M | $810M | $54.6M |
| Dec 2022 | $1.19B | $1.03B | $153M |
| Dec 2021 | $819M | $800M | $18.4M |
| Dec 2020 | $318M | $506M | −$188M |
| Dec 2019 | $759M | $790M | −$30.9M |
| Dec 2018 | $695M | $823M | −$128M |
| Dec 2017 | $575M | $728M | −$153M |
| Dec 2016 | $501M | $651M | −$150M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.