FlexShopper, Inc. (FPAY)

NASDAQ: FPAY · Real-Time Price · USD
1.660
+0.030 (1.84%)
At close: Jan 17, 2025, 4:00 PM
1.621
-0.039 (-2.34%)
After-hours: Jan 17, 2025, 5:54 PM EST
1.84%
Market Cap 35.63M
Revenue (ttm) 134.56M
Net Income (ttm) -3.50M
Shares Out 21.46M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE 6.06
Dividend n/a
Ex-Dividend Date n/a
Volume 132,488
Open 1.620
Previous Close 1.630
Day's Range 1.620 - 1.699
52-Week Range 0.970 - 2.370
Beta 1.42
Analysts Strong Buy
Price Target 3.25 (+95.78%)
Earnings Date Nov 14, 2024

About FPAY

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 consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories. It also provides payment options to consumers. The company offers its products under the LG, Samsung, Sony, TCL, Frigidaire, General Electric, Whirlpool, Apple, Asus, Dell, Hewlett Packard, Toshiba, R... [Read more]

Sector Industrials
Founded 2003
Employees 204
Stock Exchange NASDAQ
Ticker Symbol FPAY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for FPAY stock is "Strong Buy." The 12-month stock price forecast is $3.25, which is an increase of 95.78% from the latest price.

Price Target
$3.25
(95.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FlexShopper to Attend the Sidoti Micro-Cap Virtual Conference

BOCA RATON, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced that Russ Heiser...

3 days ago - GlobeNewsWire

FlexShopper Announces Preliminary Results of Unit Subscription Rights Offering

BOCA RATON, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced the preliminary ...

7 days ago - GlobeNewsWire

FlexShopper Provides Update on Holiday Season and 2024 Fourth Quarter Results

Positive momentum remained strong for the month of December with record application volume, record lease and loan originations and record retail product margin

14 days ago - GlobeNewsWire

FlexShopper Expands Lease-to-Own Solutions at Jiffy Lube and Meineke Car Care Centers

FlexShopper payment options successfully implemented at over 100 Jiffy Lube and Meineke Car Care Center locations with plans to add 75-100 additional stores within the next 60 days FlexShopper payment...

21 days ago - GlobeNewsWire

FlexShopper Announces Record Initial Holiday Season Results

Robust October and November 2024 results driven by the continued success of FlexShopper's direct-to-consumer and business-to-business growth strategies

4 weeks ago - GlobeNewsWire

FlexShopper Announces First Come First Serve Extension of Rights Offering

All subscriptions will be honored from today going forward on a first come first serve basis All subscriptions will be honored from today going forward on a first come first serve basis

4 weeks ago - GlobeNewsWire

FlexShopper Reminds Right Holders of Early Subscription Process Cutoff Dates

Important for Participating Right Holders to Contact Their Broker Prior to December 18th Important for Participating Right Holders to Contact Their Broker Prior to December 18th

4 weeks ago - GlobeNewsWire

Argus Research Initiates Equity Research Report Coverage on FlexShopper, Inc. (NasdaqCM:FPAY)

NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on FlexShopper, Inc. (NasdaqCM:FPAY) . Click Here to view...

5 weeks ago - PRNewsWire

FlexShopper Partners with Tire Agent to Expand Tire Shopping Options for Near-Prime Credit Consumers

BOCA RATON, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- FlexShopper (NASDAQ: FPAY), a leading provider of lease-to-own payment solutions, is pleased to announce a new partnership with Tire Agent. Tire Age...

5 weeks ago - GlobeNewsWire

FlexShopper Forms Exclusive Lease-to-Own Partnership with United Wheels and Its Portfolio of Bicycle Brands, Including Huffy

BOCA RATON, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- FlexShopper Inc. (Nasdaq: FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, is excited to announce an exclusive ...

6 weeks ago - GlobeNewsWire

FlexShopper Announces Record Date for Proposed Rights Offering

BOCA RATON, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (the “Corporation”) announced today the tentative calendar for its previously proposed rights offering (“Rights Off...

7 weeks ago - GlobeNewsWire

FlexShopper: Unpacking The Potential Of Rights Offering

FlexShopper is undergoing a capital structure transformation, aiming to repurchase preferred stock at a discount through a complex rights offering to benefit common shareholders. FPAY trades at around...

7 weeks ago - Seeking Alpha

FlexShopper, Inc. (FPAY) Q3 2024 Earnings Call Transcript

FlexShopper, Inc. (NASDAQ:FPAY) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Andrew Berger - Investor Relations Russ Heiser - Chief Executive Officer John Davis ...

2 months ago - Seeking Alpha

FlexShopper, Inc. Schedules 2024 Third Quarter Financial Results Conference Call

BOCA RATON, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and payment solution provider for underser...

2 months ago - GlobeNewsWire

FlexShopper Partners with Aftermarket Auto Parts Alliance to Revolutionize Automotive Care Financing

Partnership with the Aftermarket Auto Parts Alliance brings FlexShopper 's proven and flexible payment solutions to more than 3,700 new retail locations

2 months ago - GlobeNewsWire

FlexShopper and PayPossible Expand Consumer Payment Options Through Strategic Partnership

FlexShopper to offer lease-to-own solutions within PayPossible's waterfall to new merchants, including RANDYS Worldwide, with a retail network of over 20,000 locations

2 months ago - GlobeNewsWire

FlexShopper Files Registration Statement for Proposed Rights Offering to its Stockholders

Net proceeds of the rights offering will be used primarily to repurchase over 90% of the Company's series 2 convertible preferred stock and reduce a portion of the outstanding balance under its credit...

2 months ago - GlobeNewsWire

FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference

Transaction is expected to save FlexShopper $23+ million, or ~$1 per share upon completion Transaction is expected to save FlexShopper $23+ million, or ~$1 per share upon completion

3 months ago - GlobeNewsWire

FlexShopper Files Patent Infringement Lawsuits Against Upbound Group, Inc. and Katapult Holdings, Inc.

BOCA RATON, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), (“the Company”), a leading online lease-to-own retailer and payment solutions provider, has initiated legal action...

3 months ago - GlobeNewsWire

FlexShopper Partners with Versatile Credit to Expand Merchant Opportunities

FlexShopper providing LTO solutions to over 1,600 retail merchants  through its partnership with Versatile Credit

4 months ago - GlobeNewsWire

FlexShopper to Present at H.C. Wainwright's 26th Annual Global Investor Conference

BOCA RATON, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced that Russ Heise...

4 months ago - GlobeNewsWire

FlexShopper Partners with Terrace Finance to Expand Merchant Opportunities

Over 800 merchant locations now offering FlexShopper's LTO product  through Terrace Finance's multi-lender platform

5 months ago - GlobeNewsWire

FlexShopper Partners with PayTomorrow to Enhance Consumer Payment Options

FlexShopper announces the successful integration of their LTO program into PayTomorrow's platform Successful rollout with Monro Inc., one of the nation's leading automotive service and tire providers ...

5 months ago - GlobeNewsWire

FlexShopper, Inc. (FPAY) Q2 2024 Earnings Call Transcript

FlexShopper, Inc. (NASDAQ:FPAY) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Carlos Sanchez - Investor Relations Russell Heiser - Chief Executive Officer John Davis...

5 months ago - Seeking Alpha

FlexShopper, Inc. Reports 2024 Second-Quarter Financial Results

BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and payment solution provider for underser...

5 months ago - GlobeNewsWire