FlexShopper, Inc. financial data

Symbol
FPAY on Nasdaq
Industry
Services-Equipment Rental & Leasing, NEC
Location
901 Yamato Road, Suite 260, Boca Raton, Florida
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Anchor Funding Services, Inc. (to 10/22/2013)
Latest financial report
Q1 2024 - May 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.2K % +21.1%
Debt-to-equity 426 % +15.5%
Return On Equity -14.8 % -127%
Return On Assets -2.8 % -124%
Operating Margin 12.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.8M shares 0%
Common Stock, Shares, Outstanding 21.8M shares 0%
Entity Public Float 16.3M USD +44.8%
Common Stock, Value, Issued 2.18K USD 0%
Weighted Average Number of Shares Outstanding, Basic 21.6M shares -0.76%
Weighted Average Number of Shares Outstanding, Diluted 21.6M shares -0.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 120M USD +4.57%
Costs and Expenses 106M USD -8.81%
Operating Income (Loss) 14.6M USD +21.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.12M USD -3519%
Income Tax Expense (Benefit) -898K USD +94.4%
Net Income (Loss) Attributable to Parent -4.22M USD -127%
Earnings Per Share, Basic -0.38 USD/shares -172%
Earnings Per Share, Diluted -0.38 USD/shares -173%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.41M USD -27.1%
Accounts Receivable, after Allowance for Credit Loss, Current 49.3M USD +32.7%
Assets, Current 124M USD +16.4%
Deferred Income Tax Assets, Net 13M USD +6.89%
Property, Plant and Equipment, Net 9.59M USD +10.5%
Operating Lease, Right-of-Use Asset 1.19M USD -13%
Intangible Assets, Net (Excluding Goodwill) 12.9M USD -12%
Assets 163M USD +12.2%
Accounts Payable, Current 3.37M USD -12.3%
Employee-related Liabilities, Current 300K USD -28.1%
Accrued Liabilities, Current 4.5M USD +69.9%
Liabilities, Current 9.02M USD +6.32%
Operating Lease, Liability, Noncurrent 1.25M USD -16.8%
Other Liabilities, Noncurrent 178K USD -74.6%
Liabilities 133M USD +17.3%
Retained Earnings (Accumulated Deficit) -36M USD -13.3%
Stockholders' Equity Attributable to Parent 29.2M USD -6.4%
Liabilities and Equity 163M USD +12.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.64M USD -201%
Net Cash Provided by (Used in) Financing Activities 9.1M USD +46061%
Net Cash Provided by (Used in) Investing Activities -2.28M USD -18.5%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 21.8M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.59M USD -43.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 566K USD +274%
Deferred Tax Assets, Valuation Allowance 12.5M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 12.9M USD +7.74%
Operating Lease, Liability 1.51M USD
Payments to Acquire Property, Plant, and Equipment 1.82M USD +3.5%
Lessee, Operating Lease, Liability, to be Paid 2M USD
Property, Plant and Equipment, Gross 32.8M USD +24.3%
Operating Lease, Liability, Current 252K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 456K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 443K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure
Deferred Income Tax Expense (Benefit) -56.9K USD +61.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 491K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 470K USD
Deferred Tax Assets, Operating Loss Carryforwards 72.7M USD +24.1%
Deferred Federal Income Tax Expense (Benefit) -1.17M USD +91.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 304K USD
Operating Lease, Payments 110K USD +6.09%
Additional Paid in Capital 42.6M USD +5.94%
Current State and Local Tax Expense (Benefit) -273K USD -136%
Current Federal Tax Expense (Benefit) 206K USD
Amortization of Intangible Assets 151K USD +4793%
Depreciation, Depletion and Amortization 5.49M USD +26%
Share-based Payment Arrangement, Expense 1.68M USD +68.1%
Deferred State and Local Income Tax Expense (Benefit) 246K USD
Interest Expense 19.7M USD +43.4%