FPAY - FlexShopper Inc Stock Price, Fair Value and News

1.11USD-0.03 (-2.63%)Market Closed

Market Summary

USD1.11-0.03

Market Closed

-2.63%

FPAY Stock Price

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FPAY RSI Chart

FPAY Valuation

Market Cap

24.1M

Price/Earnings (Trailing)

-5.72

Price/Sales (Trailing)

0.2

EV/EBITDA

0.26

Price/Free Cashflow

-0.99

FPAY Price/Sales (Trailing)

FPAY Profitability

EBT Margin

-4.26%

Return on Equity

-14.43%

Return on Assets

-2.59%

Free Cashflow Yield

-100.66%

FPAY Fundamentals

FPAY Revenue

Revenue (TTM)

120.1M

Rev. Growth (Yr)

10.26%

Rev. Growth (Qtr)

12.14%

FPAY Earnings

Earnings (TTM)

-4.2M

Earnings Growth (Yr)

6.97%

Earnings Growth (Qtr)

-160.48%

Breaking Down FPAY Revenue

Last 30 days

-2.6%

Last 90 days

-3.5%

Trailing 12 Months

4.7%

How does FPAY drawdown profile look like?

FPAY Financial Health

Current Ratio

13.7

FPAY Investor Care

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	120.1M	0	0	0
2023	114.9M	102.9M	108.1M	117.0M
2022	121.6M	127.5M	122.7M	113.1M
2021	110.0M	116.2M	122.5M	125.4M
2020	90.9M	94.8M	96.4M	102.1M
2019	69.4M	76.5M	84.3M	88.8M
2018	64.4M	61.3M	59.9M	61.5M
2017	54.8M	60.8M	65.0M	67.0M
2016	27.1M	33.5M	40.4M	47.6M
2015	8.7M	12.3M	16.1M	20.7M
2014	1.5M	1.5M	2.5M	5.0M
2013	2.1M	2.1M	2.0M	2.0M
2012	2.4M	2.3M	2.5M	2.1M
2011	0	2.5M	2.4M	2.4M
2010	0	0	0	2.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of FlexShopper Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 29, 2023	dvorkin howard	bought	45,405	1.69	26,867	-
Dec 28, 2023	dvorkin howard	bought	88,529	1.74	50,879	-
Nov 20, 2023	dvorkin howard	bought	9,751	1.12	8,707	-
Sep 25, 2023	davis john	bought	7,059	1.09	6,477	coo
Sep 22, 2023	davis john	bought	1,317	1.06	1,243	coo
Dec 28, 2022	dvorkin howard	bought	18,065	0.89	20,298	-
Dec 27, 2022	dvorkin howard	bought	15,022	0.9	16,692	-
Dec 23, 2022	dvorkin howard	bought	12,576	0.91	13,820	-
Dec 12, 2022	dvorkin howard	bought	34,704	1.00	34,704	-
Dec 09, 2022	dvorkin howard	bought	8,211	1.00	8,211	-

Which funds bought or sold FPAY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	STATE STREET CORP	unchanged	-	-9,328	77,221	-%
May 15, 2024	MORGAN STANLEY	unchanged	-	-180	1,490	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-35.00	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	47.66	2,215	9,196	-%
May 15, 2024	Royal Bank of Canada	unchanged	-	-	-	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-52.2	-37,337	27,765	-%
May 14, 2024	Heron Bay Capital Management	new	-	42,531	42,531	0.01%
May 14, 2024	Waterfall Asset Management, LLC	added	-	-293,313	2,428,020	1.67%
May 13, 2024	XTX Topco Ltd	new	-	22,563	22,563	-%
May 13, 2024	UBS Group AG	unchanged	-	-18,000	149,000	-%

Are Funds Buying or Selling FPAY?

Are funds buying FPAY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FPAY

No. of Funds

Unveiling FlexShopper Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	perkins capital management inc	5.9%	1,281,460	SC 13G/A
Feb 11, 2021	perkins capital management inc	6.1%	1,305,530	SC 13G/A
Feb 14, 2020	perkins capital management inc	7.75%	1,382,400	SC 13G
Sep 06, 2019	bigger capital fund l p	1.5%	261,050	SC 13G/A

Recent SEC filings of FlexShopper Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
May 13, 2024	10-Q	Quarterly Report
Apr 03, 2024	10-K/A	Annual Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 28, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to FlexShopper Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	103.3B	18.9B	3.89%	17.13%	27.92	5.46	7.08%	13.46%
CTAS	70.2B	9.4B	3.55%	46.60%	46.72	7.46	9.34%	15.98%
CPRT	52.4B	4.1B	0.93%	23.38%	38.65	12.91	10.52%	25.37%
EFX	30.8B	5.4B	4.69%	18.29%	55.13	5.75	5.76%	-4.95%
BAH	19.8B	10.3B	8.58%	63.14%	48.27	1.91	13.90%	-5.05%
ALLE	10.9B	3.6B	-1.06%	12.63%	20.13	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	2.28%	3.37%	21.08	1.21	-13.83%	-42.32%
AL	5.5B	2.7B	1.27%	26.05%	9.4	2.02	15.08%	16.51%
SRCL	4.3B	2.6B	-4.39%	7.90%	-221.54	1.64	-3.11%	-123.81%
ABM	3.0B	8.2B	7.93%	6.44%	11.58	0.36	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	1.35%	107.67%	18.93	0.71	104.63%	188.16%
ALTG	285.4M	1.9B	-26.28%	-43.39%	32.07	0.15	15.20%	-4.30%
ARC	118.7M	283.1M	3.77%	-7.09%	13.57	0.42	-0.83%	-20.92%
AQMS	48.7M	212.0K	-14.00%	-58.65%	-1.94	213.63	-40.62%	-60.52%
AWX	9.4M	81.0M	4.35%	-6.98%	-8.5	0.12	-4.98%	-14.33%

FlexShopper Inc News

Latest updates

FlexShopper Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	12.1%	33,945	30,271	31,386	24,532	30,786	21,411	26,141	36,548	28,955	31,094	30,861	30,689	32,784	28,142	24,570	24,530	24,843	22,462	22,932	20,664	22,731
Costs and Expenses	17.2%	28,901	24,654	25,434	26,563	26,633	26,886	30,690	31,546	30,238	30,206	26,995	29,478	31,383	26,809	23,329	23,741	23,579	22,205	20,483	19,952	21,046
Operating Expenses	-	-	-	-	1,655	1,834	1,127	1,027	804	426	167	167	112	63.00	-	-	-	-	-	-	-	-
EBITDA Margin	-1.4%	0.59*	0.60*	0.71*	0.70*	0.72*	0.71*	0.61*	0.67*	0.67*	0.70*	0.70*	0.67*	0.68*	-	-	-	-	-	-	-	-
Interest Expenses	4.9%	5,315	5,067	4,747	4,569	4,531	3,825	3,030	2,348	1,958	1,384	1,234	1,222	1,399	1,088	951	1,051	1,212	341	1,062	1,022	1,182
Income Taxes	-129.1%	-56.93	195	266	-1,302	-148	-2,742	-1,298	-11,734	-859	-1,129	936	978	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-149.3%	-271	550	1,206	-6,599	-378	5,161	-7,578	2,655	-3,240	-495	2,632	1,920	1.00	244	289	-262	52.00	-	-	-309	504
EBT Margin	4.6%	-0.04*	-0.04*	-0.01*	-0.09*	0.00*	-0.03*	-0.07*	0.01*	0.01*	0.03*	0.04*	0.02*	0.00*	-	-	-	-	-	-	-	-
Net Income	-160.5%	-214	354	940	-5,297	-230	7,904	-6,280	14,389	-2,380	633	1,696	942	1.00	-367	289	-262	-51.68	-1,004	1,388	-309	504
Net Income Margin	3.0%	-0.04*	-0.04*	0.03*	-0.04*	0.14*	0.12*	0.05*	0.11*	0.01*	0.03*	0.02*	0.01*	0.00*	-	-	-	-	-	-	-	-
Free Cashflow	32.2%	-7,458	-10,996	-4,359	-1,489	3,846	-5,334	-9,804	-13,394	-9,201	-13,483	-436	-104	-1,297	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.9%	163	156	144	138	145	148	122	120	87.00	85.00	65.00	63.00	64.00	68.00	52.00	50.00	50.00	52.00	41.00	40.00	41.00
Current Assets	5.2%	124	117	105	98.00	106	110	98.00	98.00	79.00	77.00	57.00	57.00	58.00	62.00	46.00	44.00	45.00	47.00	36.00	35.00	38.00
Cash Equivalents	26.8%	6.00	4.00	6.00	6.00	10.00	6.00	6.00	5.00	4.00	5.00	3.00	5.00	6.00	9.00	7.00	10.00	5.00	7.00	3.00	3.00	3.00
Net PPE	3.0%	10.00	9.00	9.00	9.00	9.00	8.00	7.00	9.00	8.00	5.00	7.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	3.00
Liabilities	4.8%	133	127	116	111	114	117	99.00	91.00	73.00	69.00	49.00	50.00	52.00	57.00	40.00	39.00	40.00	42.00	31.00	31.00	32.00
Current Liabilities	-25.7%	9.00	12.00	8.00	8.00	8.00	12.00	9.00	12.00	7.00	13.00	12.00	12.00	8.00	17.00	27.00	19.00	9.00	8.00	5.00	5.00	27.00
Shareholder's Equity	0.0%	29.00	29.00	29.00	27.00	31.00	31.00	23.00	29.00	14.00	16.00	15.00	13.00	12.00	11.00	11.00	11.00	10.00	10.00	11.00	9.00	9.00
Retained Earnings	-0.6%	-36.04	-35.82	-36.18	-37.12	-31.82	-31.59	-39.49	-33.21	-47.60	-45.22	-45.86	-47.55	-48.49	-48.50	-48.08	-48.37	-48.10	-48.16	-47.15	-48.54	-48.23
Additional Paid-In Capital	0.5%	43.00	42.00	42.00	42.00	40.00	40.00	40.00	39.00	39.00	39.00	38.00	38.00	37.00	37.00	37.00	36.00	36.00	35.00	35.00	35.00	34.00
Shares Outstanding	0%	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	21.00	21.00	21.00	21.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	16.00	-	-	-	11.00	-	-	-	40.00	-	-	-	24.00	-	-	-	12.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	38.8%	-5,643	-9,227	-2,908	-128	5,599	-3,691	-7,874	-11,730	-7,940	-12,415	1,194	529	-563	-9,762	-1,239	5,236	559	-4,460	1,295	3,162	-466
Share Based Compensation	-36.4%	217	341	472	444	421	48.00	387	257	305	231	383	441	593	336	289	548	216	229	117	303	37.00
Cashflow From Investing	6.0%	-2,279	-2,424	-1,678	-1,535	-1,922	875	-2,388	-2,133	-1,553	-1,490	-2,092	-633	-734	-998	-700	-752	-646	-576	-559	-551	-553
Cashflow From Financing	-11.9%	9,103	10,327	3,946	-1,827	20.00	3,234	10,569	14,994	8,720	15,853	-1,101	-1,064	-928	12,552	-1,160	-86.98	-1,326	8,733	-354	-2,465	-2,474
Buy Backs	-90.8%	6.00	67.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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FPAY Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Lease revenues and fees, net	$ 25,833,736	$ 24,714,158
Loan revenues and fees, net of changes in fair value	7,331,277	6,071,617
Retail revenues	779,860
Total revenues	33,944,873	30,785,775
Costs and expenses:
Depreciation and impairment of lease merchandise	14,685,863	15,345,788
Loan origination costs and fees	821,827	1,833,627
Cost of retail revenues	611,204
Marketing	1,765,572	1,099,189
Salaries and benefits	4,083,918	2,726,890
Operating expenses	6,932,507	5,627,708
Total costs and expenses	28,900,891	26,633,202
Operating income	5,043,982	4,152,573
Interest expense including amortization of debt issuance costs	5,315,094	4,531,327
Loss before income taxes	(271,112)	(378,754)
Benefit from income taxes	56,933	148,539
Net loss	(214,179)	(230,215)
Dividends on Series 2 Convertible Preferred Shares	1,069,456	972,233
Net loss attributable to common and Series 1 Convertible Preferred shareholders	$ (1,283,635)	$ (1,202,448)
Basic and diluted loss per common share:
Basic (in Dollars per share)	$ (0.06)	$ (0.06)
Diluted (in Dollars per share)	$ (0.06)	$ (0.06)
WEIGHTED AVERAGE COMMON SHARES:
Basic (in Shares)	21,586,019	21,751,304
Diluted (in Shares)	21,586,019	21,751,304

FPAY Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash	$ 5,593,750	$ 4,413,130
Lease receivables, net	49,316,032	44,795,090
Loan receivables at fair value	39,457,230	35,794,290
Prepaid expenses and other assets	3,308,255	3,300,677
Lease merchandise, net	25,896,510	29,131,440
Total current assets	123,571,777	117,434,627
Property and equipment, net	9,588,238	9,308,859
Right of use asset, net	1,190,482	1,237,010
Intangible assets, net	12,948,971	13,391,305
Other assets, net	2,313,988	2,175,215
Deferred tax asset, net	13,000,294	12,943,361
Total assets	162,613,750	156,490,377
CURRENT LIABILITIES:
Accounts payable	3,370,054	7,139,848
Accrued payroll and related taxes	700,208	578,197
Accrued expenses	4,498,602	3,972,397
Lease liability - current portion	253,936	245,052
Total current liabilities	9,021,198	12,134,118
Loan payable under credit agreement to beneficial shareholder, net of unamortized issuance costs of $1,500,000 at March 31, 2024 and $70,780 at December 31, 2023	105,566,690	96,384,220
Loan payable under Basepoint credit agreement, net of unamortized issuance costs of $83,347 at March 31, 2024 and $92,963 at December 31, 2023	7,329,258	7,319,641
Lease liabilities, net of current portion	1,254,239	1,321,578
Total liabilities	133,386,129	127,259,604
STOCKHOLDERS’ EQUITY
Common stock, $0.0001 par value- authorized 40,000,000 shares, issued and outstanding 21,752,304 shares at March 31, 2024 and 21,752,304 shares at December 31, 2023	2,176	2,176
Treasury shares, at cost -169,447 shares at March 31,2024 and 164,029 shares at December 31, 2023	(172,855)	(166,757)
Additional paid in capital	42,633,019	42,415,894
Accumulated deficit	(36,038,379)	(35,824,200)
Total stockholders’ equity	29,227,621	29,230,773
Total liabilities and stockholders' equity	162,613,750	156,490,377
Related Party
CURRENT LIABILITIES:
Promissory notes to related parties, including accrued interest	198,398	198,624
Promissory notes to related parties, net of unamortized issuance cost of $535,256 at March 31, 2024 and $649,953 at December 31, 202, and net of current portion	10,214,744	10,100,047
Series 1 Convertible Preferred Stock
STOCKHOLDERS’ EQUITY
Convertible preferred stock value	851,660	851,660
Series 2 Convertible Preferred Stock
STOCKHOLDERS’ EQUITY
Convertible preferred stock value	$ 21,952,000	$ 21,952,000

About FlexShopper Inc

FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories. It also provides transparent and competitive payment options to consumers. The company was formerly known as Anchor Funding Services, Inc. and changed its name to FlexShopper, Inc. in October 2013. FlexShopper, Inc. was founded in 2003 and is headquartered in Boca Raton, Florida.

WEBSITE	flexshopper.com
INDUSTRY	Information Technology Services
EMPLOYEES	118

FlexShopper Inc Frequently Asked Questions

What is the ticker symbol for FlexShopper Inc? What does FPAY stand for in stocks?

FPAY is the stock ticker symbol of FlexShopper Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FlexShopper Inc (FPAY)?

As of Fri May 17 2024, market cap of FlexShopper Inc is 24.15 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FPAY stock?

You can check FPAY's fair value in chart for subscribers.

What is the fair value of FPAY stock?

You can check FPAY's fair value in chart for subscribers. The fair value of FlexShopper Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FlexShopper Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FPAY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FlexShopper Inc a good stock to buy?

The fair value guage provides a quick view whether FPAY is over valued or under valued. Whether FlexShopper Inc is cheap or expensive depends on the assumptions which impact FlexShopper Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FPAY.

What is FlexShopper Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FPAY's PE ratio (Price to Earnings) is -5.72 and Price to Sales (PS) ratio is 0.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FPAY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FlexShopper Inc's stock?

In the past 10 years, FlexShopper Inc has provided -0.184 (multiply by 100 for percentage) rate of return.