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
Delaware
Fiscal year end
December 31
Former names
Anchor Funding Services, Inc. (to 10/22/2013)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.28K % +18.1%
Debt-to-equity 455 % +16.3%
Return On Equity -1.83 % +86.8%
Return On Assets -0.33 % +88.2%
Operating Margin 14.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.6M shares -0.61%
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 21.5M shares -1.3%
Weighted Average Number of Shares Outstanding, Diluted 21.5M shares -1.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 127M USD +23.8%
Costs and Expenses 108M USD -2.17%
Operating Income (Loss) 19M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.36M USD +85.5%
Income Tax Expense (Benefit) -842K USD +84.7%
Net Income (Loss) Attributable to Parent -523K USD +86.6%
Earnings Per Share, Basic -0.22 USD/shares +43.6%
Earnings Per Share, Diluted -0.22 USD/shares +21.4%

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 57.2M USD +45.7%
Assets, Current 132M USD +34.6%
Deferred Income Tax Assets, Net 14.2M USD +5.75%
Property, Plant and Equipment, Net 9.42M USD +6.66%
Operating Lease, Right-of-Use Asset 1.14M USD -13.8%
Intangible Assets, Net (Excluding Goodwill) 12.5M USD -12.4%
Assets 172M USD +24.7%
Accounts Payable, Current 3.81M USD -4.84%
Employee-related Liabilities, Current 300K USD -28.1%
Accrued Liabilities, Current 3.76M USD +57.7%
Liabilities, Current 8.39M USD +3.28%
Operating Lease, Liability, Noncurrent 1.18M USD -18.2%
Other Liabilities, Noncurrent 178K USD -74.6%
Liabilities 145M USD +30.6%
Retained Earnings (Accumulated Deficit) -37.6M USD -1.41%
Stockholders' Equity Attributable to Parent 27.5M USD +0.7%
Liabilities and Equity 172M USD +24.7%

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 4.89M USD -23.3%
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 1.45M USD
Payments to Acquire Property, Plant, and Equipment 1.82M USD +3.5%
Lessee, Operating Lease, Liability, to be Paid 1.89M USD
Property, Plant and Equipment, Gross 34.2M USD +23.2%
Operating Lease, Liability, Current 263K 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 442K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 470K USD
Deferred Tax Assets, Operating Loss Carryforwards 72.7M USD +24.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 304K USD
Operating Lease, Payments 110K USD +6.09%
Additional Paid in Capital 42.7M USD +2.6%
Amortization of Intangible Assets 151K USD +4793%
Depreciation, Depletion and Amortization 5.84M USD +28.1%
Share-based Payment Arrangement, Expense 155K USD -65.1%
Interest Expense 20.4M USD +27.6%