FlexShopper, Inc. financial data

Symbol
FPAY
Location
Boca Raton, FL
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2024 - 19 Nov 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1083% % -5.2%
Debt-to-equity 486% % 26%
Return On Equity 3.1% % -72%
Return On Assets 0.53% % -77%
Operating Margin 15% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21,461,489 shares
Common Stock, Shares, Outstanding 21,752,304 shares 0%
Common Stock, Value, Issued $2,200 USD 1.1%
Weighted Average Number of Shares Outstanding, Basic 21,586,935 shares -0.6%
Weighted Average Number of Shares Outstanding, Diluted 22,231,788 shares 2.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $127,360,954 USD 24%
Cost of Revenue $923,203 USD
Costs and Expenses $111,967,791 USD 6.1%
Operating Income (Loss) $22,595,218 USD 769%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,314,287 USD 222%
Income Tax Expense (Benefit) $410,989 USD 472%
Net Income (Loss) Attributable to Parent $903,299 USD -73%
Earnings Per Share, Basic 0 USD/shares -100%
Earnings Per Share, Diluted 0 USD/shares -633%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $66,181,471 USD 60%
Assets, Current $149,298,555 USD 42%
Deferred Income Tax Assets, Net $12,781,946 USD -3.2%
Property, Plant and Equipment, Net $9,495,192 USD 5.4%
Operating Lease, Right-of-Use Asset $1,093,551 USD -14%
Intangible Assets, Net (Excluding Goodwill) $12,506,545 USD -12%
Assets $187,261,759 USD 30%
Accounts Payable, Current $3,604,816 USD -10%
Accrued Liabilities, Current $3,477,386 USD 23%
Liabilities, Current $18,718,590 USD 138%
Operating Lease, Liability, Noncurrent $1,111,740 USD -20%
Liabilities $157,453,187 USD 36%
Retained Earnings (Accumulated Deficit) $35,275,053 USD 2.5%
Stockholders' Equity Attributable to Parent $29,808,572 USD 4.2%
Liabilities and Equity $187,261,759 USD 30%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $5,643,178 USD -201%
Net Cash Provided by (Used in) Financing Activities $9,103,330 USD 46061%
Net Cash Provided by (Used in) Investing Activities $2,279,532 USD -19%
Common Stock, Shares Authorized 40,000,000 shares 0%
Common Stock, Shares, Issued 21,988,711 shares 1.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $7,330,542 USD 28%
Operating Lease, Liability $1,386,768 USD -14%
Payments to Acquire Property, Plant, and Equipment $1,815,091 USD 3.5%
Lessee, Operating Lease, Liability, to be Paid $1,782,624 USD -19%
Property, Plant and Equipment, Gross $35,834,687 USD 23%
Operating Lease, Liability, Current $275,029 USD 20%
Lessee, Operating Lease, Liability, to be Paid, Year Two $456,330 USD 3%
Lessee, Operating Lease, Liability, to be Paid, Year One $443,038 USD 3%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Deferred Income Tax Expense (Benefit) $56,933 USD 62%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $395,855 USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year Three $470,019 USD 3%
Preferred Stock, Shares Authorized 500,000 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four $303,574 USD -35%
Operating Lease, Payments $109,663 USD 6.1%
Additional Paid in Capital $42,841,302 USD 1.8%
Amortization of Intangible Assets $204 USD -100%
Depreciation, Depletion and Amortization $6,174,699 USD 30%
Share-based Payment Arrangement, Expense $156,922 USD -67%
Interest Expense $20,355,138 USD 28%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares