FlexShopper, Inc. (FPAY)

FlexShopper Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	120.13	116.98	113.06	125.43	102.08	88.79
Revenue Growth (YoY)	4.57%	3.47%	-9.86%	22.87%	14.97%	44.40%
Cost of Revenue	61.24	62.3	75.94	79.18	66.73	60.22
Gross Profit	58.9	54.68	37.12	46.25	35.35	28.57
Other Operating Expenses	44.32	40.99	43.42	38.88	30.73	23.46
Operating Expenses	44.32	40.99	43.42	38.88	30.73	23.46
Operating Income	14.58	13.69	-6.3	7.36	4.63	5.1
Interest Expense / Income	19.7	18.91	11.16	5.24	4.3	4.31
Other Expense / Income	-	-	-14.46	-1.93	-	-
Pretax Income	-5.12	-5.22	-3	4.06	0.32	0.79
Income Tax	-0.9	-0.99	-16.64	0.79	0.66	0.22
Net Income	-4.22	-4.23	13.63	3.27	-0.34	0.58
Preferred Dividends	4.2	4.1	3.73	2.44	3.15	2.44
Net Income Common	-8.42	-8.34	9.9	0.83	-3.49	-1.86
Net Income Growth	-	-	1087.65%	-	-	-
Shares Outstanding (Basic)	22	22	22	21	21	18
Shares Outstanding (Diluted)	22	22	22	23	21	18
Shares Change	-0.76%	-3.21%	-3.46%	10.63%	18.80%	106.10%
EPS (Basic)	-0.32	-0.38	0.45	0.04	-0.17	-0.11
EPS (Diluted)	-0.32	-0.38	0.45	0.04	-0.17	-0.11
EPS Growth	-	-	1025.00%	-	-	-
Free Cash Flow	-24.3	-13	-37.74	-15.32	-8.31	-2.71
Free Cash Flow Per Share	-1.13	-0.60	-1.74	-0.72	-0.40	-0.15
Gross Margin	49.03%	46.74%	32.83%	36.87%	34.63%	32.17%
Operating Margin	12.14%	11.70%	-5.58%	5.87%	4.53%	5.75%
Profit Margin	-7.01%	-7.13%	8.76%	0.66%	-3.42%	-2.10%
Free Cash Flow Margin	-20.23%	-11.11%	-33.38%	-12.22%	-8.14%	-3.05%
Effective Tax Rate	-	-	-	19.35%	205.18%	27.26%
EBITDA	78.58	77.86	85.48	90.84	70.21	65.88
EBITDA Margin	65.41%	66.56%	75.61%	72.43%	68.77%	74.20%
Depreciation & Amortization	64	64.17	77.33	81.55	65.58	60.78
EBIT	14.58	13.69	8.16	9.3	4.63	5.1
EBIT Margin	12.14%	11.70%	7.22%	7.41%	4.53%	5.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).