FlexShopper, Inc. financial data

Symbol
FPAY on Nasdaq
Industry
Services-Equipment Rental & Leasing, NEC
Location
901 Yamato Road, Suite 260, Boca Raton, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
Anchor Funding Services, Inc. (to 10/22/2013)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.08K % -5.21%
Debt-to-equity 486 % +25.5%
Return On Equity 3.12 % -72.2%
Return On Assets 0.53 % -76.8%
Operating Margin 14.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.5M shares
Common Stock, Shares, Outstanding 21.8M shares 0%
Entity Public Float 16.3M USD +44.8%
Common Stock, Value, Issued 2.2K USD +1.1%
Weighted Average Number of Shares Outstanding, Basic 21.6M shares -0.6%
Weighted Average Number of Shares Outstanding, Diluted 22.2M shares +2.37%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 127M USD +23.8%
Cost of Revenue 923K USD
Costs and Expenses 112M USD +6.11%
Operating Income (Loss) 22.6M USD +769%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.31M USD +222%
Income Tax Expense (Benefit) 411K USD +472%
Net Income (Loss) Attributable to Parent 903K USD -72.8%
Earnings Per Share, Basic -0.16 USD/shares -100%
Earnings Per Share, Diluted -0.16 USD/shares -633%

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 66.2M USD +59.8%
Assets, Current 149M USD +41.8%
Deferred Income Tax Assets, Net 12.8M USD -3.21%
Property, Plant and Equipment, Net 9.5M USD +5.37%
Operating Lease, Right-of-Use Asset 1.09M USD -14.3%
Intangible Assets, Net (Excluding Goodwill) 12.5M USD -12.4%
Assets 187M USD +29.7%
Accounts Payable, Current 3.6M USD -10.1%
Employee-related Liabilities, Current 300K USD -28.1%
Accrued Liabilities, Current 3.48M USD +22.7%
Liabilities, Current 18.7M USD +138%
Operating Lease, Liability, Noncurrent 1.11M USD -19.8%
Other Liabilities, Noncurrent 178K USD -74.6%
Liabilities 157M USD +36%
Retained Earnings (Accumulated Deficit) -35.3M USD +2.5%
Stockholders' Equity Attributable to Parent 29.8M USD +4.22%
Liabilities and Equity 187M USD +29.7%

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 22M shares +1.09%
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 7.33M USD +27.8%
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 1.39M USD -14.2%
Payments to Acquire Property, Plant, and Equipment 1.82M USD +3.5%
Lessee, Operating Lease, Liability, to be Paid 1.78M USD -19.3%
Property, Plant and Equipment, Gross 35.8M USD +22.8%
Operating Lease, Liability, Current 275K USD +19.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 456K USD +3%
Lessee, Operating Lease, Liability, to be Paid, Year One 443K USD +3%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Deferred Income Tax Expense (Benefit) -56.9K USD +61.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 396K USD -33.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 470K USD +3%
Deferred Tax Assets, Operating Loss Carryforwards 72.7M USD +24.1%
Preferred Stock, Shares Authorized 500K shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 304K USD -35.4%
Operating Lease, Payments 110K USD +6.09%
Additional Paid in Capital 42.8M USD +1.82%
Amortization of Intangible Assets 204 USD -100%
Depreciation, Depletion and Amortization 6.17M USD +30%
Share-based Payment Arrangement, Expense 157K USD -66.7%
Interest Expense 20.4M USD +27.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares