FPAY - FlexShopper Inc Stock Price, Fair Value and News

1.09USD0.00 (0.00%)Market Closed

Market Summary

USD1.090.00

Market Closed

0.00%

FPAY Stock Price

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FPAY RSI Chart

FPAY Valuation

Market Cap

23.7M

Price/Earnings (Trailing)

-5.6

Price/Sales (Trailing)

0.2

EV/EBITDA

0.28

Price/Free Cashflow

-1.82

FPAY Price/Sales (Trailing)

FPAY Profitability

EBT Margin

-4.47%

Return on Equity

-14.48%

Return on Assets

-2.71%

Free Cashflow Yield

-54.83%

FPAY Fundamentals

FPAY Revenue

Revenue (TTM)

117.0M

Rev. Growth (Yr)

41.38%

Rev. Growth (Qtr)

-3.55%

FPAY Earnings

Earnings (TTM)

-4.2M

Earnings Growth (Yr)

-95.52%

Earnings Growth (Qtr)

-62.33%

Breaking Down FPAY Revenue

Last 7 days

2.8%

Last 30 days

-13.5%

Last 90 days

-2.7%

Trailing 12 Months

45.3%

How does FPAY drawdown profile look like?

FPAY Financial Health

Current Ratio

9.68

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
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
Apr 22, 2024	Benchmark Financial Wealth Advisors, LLC	reduced	-2.18	-48,666	333,727	0.13%
Apr 18, 2024	BKM Wealth Management, LLC	sold off	-100	-7,181	-	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	400,544	1,070,250	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	32,132	86,549	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	35.00	35.00	-%
Feb 14, 2024	Royal Bank of Canada	unchanged	-	-	-	-%
Feb 13, 2024	BlackRock Inc.	unchanged	-	2,452	6,550	-%
Feb 13, 2024	MORGAN STANLEY	unchanged	-	625	1,670	-%
Feb 13, 2024	NORTHERN TRUST CORP	added	65.03	40,417	65,102	-%
Feb 13, 2024	Waterfall Asset Management, LLC	new	-	2,721,340	2,721,340	3.74%

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
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	101.4B	18.6B	-0.31%	14.56%	28.5	5.46	7.76%	13.08%
CTAS	67.6B	9.4B	4.21%	45.50%	44.97	7.18	9.34%	15.98%
CPRT	52.2B	4.1B	-5.42%	38.27%	38.49	12.86	10.52%	25.37%
EFX	27.7B	5.4B	-15.03%	11.71%	49.74	5.18	5.76%	-4.95%
BAH	18.9B	10.3B	-1.12%	51.29%	46.26	1.83	13.90%	-5.05%
ALLE	11.1B	3.7B	-5.34%	23.09%	20.57	3.04	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-10.08%	-1.85%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	5.63%	30.86%	9.21	2.11	15.87%	733.47%
SRCL	4.7B	2.7B	-3.97%	19.05%	-218.73	1.75	-1.68%	-137.70%
ABM	2.8B	8.2B	2.27%	6.00%	10.98	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	6.33%	110.13%	21.53	0.69	104.63%	175.67%
ALTG	385.5M	1.9B	-7.84%	-16.60%	43.31	0.21	19.40%	-4.30%
ARC	114.6M	281.2M	1.12%	-11.48%	13.92	0.41	-1.68%	-25.77%
AQMS	58.2M	1.1M	8.33%	-54.78%	-2.43	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-6.61%	-18.12%	-4.9	0.11	-0.82%	-207.00%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.6%	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	18,021
Costs and Expenses	-3.1%	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	19,388
Operating Expenses	-	-	-	1,655	1,834	1,127	1,027	804	426	167	167	112	63.00	-	-	-	-	-	-	-	-	-
EBITDA Margin	-15.3%	0.60*	0.71*	0.70*	0.72*	0.71*	0.61*	0.67*	0.67*	0.70*	0.70*	0.67*	0.68*	0.67*	-	-	-	-	-	-	-	-
Interest Expenses	6.7%	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	1,116
Income Taxes	-26.4%	195	266	-1,302	-148	-2,742	-1,298	-11,734	-859	-1,129	936	978	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-54.4%	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	-689.2%	-0.04*	-0.01*	-0.09*	0.00*	-0.03*	-0.07*	0.01*	0.01*	0.03*	0.04*	0.02*	0.00*	0.00*	-	-	-	-	-	-	-	-
Net Income	-62.3%	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	-2,482
Net Income Margin	-218.0%	-0.04*	0.03*	-0.04*	0.14*	0.12*	0.05*	0.11*	0.01*	0.03*	0.02*	0.01*	0.00*	0.00*	-	-	-	-	-	-	-	-
Free Cashflow	-152.2%	-10,996	-4,359	-1,489	3,846	-5,334	-9,804	-13,394	-9,201	-13,483	-436	-104	-1,297	-10,761	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	8.4%	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	49.00
Current Assets	11.6%	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	45.00
Cash Equivalents	-23.0%	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	6.00
Net PPE	3.3%	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	3.00
Liabilities	9.9%	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	40.00
Current Liabilities	54.0%	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	26.00
Shareholder's Equity	2.2%	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	8.00
Retained Earnings	1.0%	-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	-48.73
Additional Paid-In Capital	0.8%	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	34.00
Shares Outstanding	0%	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	21.00	21.00	21.00	21.00	21.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	11.00	-	-	-	40.00	-	-	-	24.00	-	-	-	12.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-217.3%	-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	-14,324
Share Based Compensation	-27.7%	341	472	444	421	48.00	387	257	305	231	383	441	593	336	289	548	216	229	117	303	37.00	32.00
Cashflow From Investing	-44.4%	-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	-532
Cashflow From Financing	161.7%	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	13,716

FPAY Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Lease revenues and fees, net	$ 91,943,729	$ 105,936,072
Loan revenues and fees, net of changes in fair value	25,031,278	7,120,101
Total revenues	116,975,007	113,056,173
Costs and expenses:
Depreciation and impairment of lease merchandise	56,288,128	72,556,431
Loan origination costs and fees	6,007,598	3,384,013
Marketing	7,620,795	11,031,695
Salaries and benefits	12,499,099	10,991,477
Operating expenses	24,547,729	21,395,767
Net change in fair value of promissory note related to acquisition	(3,678,689)
Total costs and expenses	103,284,660	119,359,383
Operating income/ (loss)	13,690,347	(6,303,210)
Gain on bargain purchase		14,461,274
Interest expense including amortization of debt issuance costs	(18,913,773)	(11,161,396)
Loss before income taxes	(5,223,426)	(3,003,332)
Benefit from income taxes	989,809	16,635,051
Net (loss)/ income	(4,233,617)	13,631,719
Dividends on Series 2 Convertible Preferred Shares	4,103,638	3,730,580
Net (loss)/ income attributable to common and Series 1 Convertible Preferred shareholders	$ (8,337,255)	$ 9,901,139
Basic and diluted (loss)/ income per common share:
Basic (in Dollars per share)	$ (0.38)	$ 0.45
Diluted (in Dollars per share)	$ (0.38)	$ 0.44
WEIGHTED AVERAGE COMMON SHARES:
Basic (in Shares)	21,705,406	21,646,896
Diluted (in Shares)	21,705,406	22,425,354

FPAY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash	$ 4,413,130	$ 6,051,713
Restricted cash		121,636
Lease receivables, net	44,795,090	35,540,043
Loan receivables at fair value	35,794,290	32,932,504
Prepaid expenses and other assets	3,300,677	3,489,136
Lease merchandise, net	29,131,440	31,550,441
Total current assets	117,434,627	109,685,473
Property and equipment, net	9,308,859	8,086,862
Right of use asset net	1,237,010	1,406,270
Intangible assets, net	13,391,305	15,162,349
Other assets, net	2,175,215	1,934,728
Deferred tax asset, net	12,943,361	12,013,828
Total assets	156,490,377	148,289,510
CURRENT LIABILITIES:
Accounts payable	7,139,848	6,511,943
Accrued payroll and related taxes	578,197	310,820
Accrued expenses	3,972,397	3,988,093
Lease liability - current portion	245,052	208,001
Total current liabilities	12,134,118	12,228,312
Loan payable under credit agreement to beneficial shareholder, net of unamortized issuance costs of $70,780 at December 31,2023 and $352,252 at December 31,2022	96,384,220	80,847,748
Promissory notes to related parties, net of unamortized issuance costs of $649,953 at December 31, 2023 and $0 at December 31, 2022, and net of current portion	10,100,047	10,750,000
Promissory note related to acquisition, net of discount of $1,165,027 at December 31, 2022		3,158,471
Loan payable under Basepoint credit agreement, net of unamortized issuance costs of $92,963 at December 31, 2023	7,319,641
Purchase consideration payable related to acquisition		8,703,684
Lease liabilities, net of current portion	1,321,578	1,566,622
Total liabilities	127,259,604	117,254,837
STOCKHOLDERS’ EQUITY
Common stock, $0.0001 par value- authorized 40,000,000 shares, issued and outstanding 21,752,304 shares at December 31, 2023 and 21,750,804 shares at December 31, 2022	2,176	2,176
Treasury shares, at cost- 164,029 shares at 2023	(166,757)
Additional paid in capital	42,415,894	39,819,420
Accumulated deficit	(35,824,200)	(31,590,583)
Total stockholders’ equity	29,230,773	31,034,673
Total liabilities and stockholders' equity	156,490,377	148,289,510
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
Related Party
CURRENT LIABILITIES:
Promissory notes to related parties, including accrued interest	$ 198,624	$ 1,209,455

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 Tue Apr 23 2024, market cap of FlexShopper Inc is 23.71 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 Tue Apr 23 2024, FPAY's PE ratio (Price to Earnings) is -5.6 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 -0.176 (multiply by 100 for percentage) rate of return.