FlexShopper, Inc. (FPAY)
| Market Cap | 28.79M |
| Revenue (ttm) | 139.80M |
| Net Income (ttm) | -4.69M |
| Shares Out | 24.61M |
| EPS (ttm) | -0.22 |
| PE Ratio | n/a |
| Forward PE | 3.71 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,045 |
| Open | 1.180 |
| Previous Close | 1.200 |
| Day's Range | 1.170 - 1.180 |
| 52-Week Range | 0.970 - 2.370 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 3.25 (+177.78%) |
| Earnings Date | Aug 5, 2025 |
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]
Financial Performance
In 2024, FlexShopper's revenue was $139.80 million, an increase of 19.51% compared to the previous year's $116.98 million. Losses were -$4.69 million, -43.71% less than in 2023.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for FPAY stock is "Strong Buy." The 12-month stock price target is $3.25, which is an increase of 177.78% from the latest price.
News
FlexShopper Granted 180-Day Extension
BOCA RATON, Fla., June 26, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading provider of lease-to-own (LTO) payment solutions, today announced that on June 18, 2025,...
FlexShopper Partners with ICON Vehicle Dynamics to Expand Lease-to-Own Financing Options for Premium Off-Road Vehicle Upgrades
BOCA RATON, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading provider of lease-to-own (LTO) payment solutions, is pleased to announce a new strategic ...
FlexShopper, Inc. Reports 2024 Fourth-Quarter and Year-End Financial Results
Ongoing DTC and B2B growth strategies drove a 19.5% year-over-year increase in annual revenue Operating income for 2024 increased 66% to $22.8 million, and adjusted EBITDA increased 43.1% to $33.3 mil...
FlexShopper Provides Business Update for January 2025
Total new customer application volume in January 2025 increased 130% year-over-year, driving the highest level of January originations, with total originations up 44% year-over-year
FlexShopper Updates Status of Rights Offering
BOCA RATON, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced an update to its...
FlexShopper Appoints Former North Carolina Governor Patrick McCrory to its Board of Directors
BOCA RATON, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FlexShopper Inc. (Nasdaq: FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, today announced that it has appointe...
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...
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 ...
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
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...
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
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
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
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...
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...
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 ...
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...
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...
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 ...
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...
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
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
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...
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
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...