Financial Snapshot

Revenue
$134.6M
TTM
Gross Margin
63.1%
TTM
Net Earnings
-$166.2K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
797.6%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$29.81M
Q3 2024
Cash
Q3 2024
P/E
-249.3
Dec 02, 2024 EST
Free Cash Flow
-$41.20M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $117.0M $113.1M $125.4M $102.1M $88.80M $61.50M $67.00M $47.60M $20.70M $5.000M $0.00 $2.500M $2.400M $2.500M $1.700M $1.300M $600.0K
YoY Change 3.47% -9.86% 22.85% 14.98% 44.39% -8.21% 40.76% 129.95% 314.0% -100.0% 4.17% -4.0% 47.06% 30.77% 116.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $117.0M $113.1M $125.4M $102.1M $88.80M $61.50M $67.00M $47.60M $20.70M $5.000M $0.00 $2.500M $2.400M $2.500M $1.700M $1.300M $600.0K
Cost Of Revenue $62.30M $75.94M $79.18M $66.70M $60.20M $42.10M $51.60M $36.70M $16.70M $3.300M $0.00
Gross Profit $54.68M $37.12M $46.25M $35.40M $28.60M $19.40M $15.50M $10.90M $4.000M $1.700M $0.00
Gross Profit Margin 46.74% 32.83% 36.87% 34.67% 32.21% 31.54% 23.13% 22.9% 19.32% 34.0%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $23.25M $24.40M $20.62M $16.30M $12.10M $15.80M $14.00M $16.10M $1.400M $0.00
YoY Change -4.71% 18.32% 26.49% 34.71% -23.42% 12.86% -13.04%
% of Gross Profit 42.52% 65.73% 44.58% 46.05% 42.31% 81.44% 90.32% 147.71% 82.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.881M $4.038M $76.49M $65.89M $60.78M $43.05M $33.54M $24.30M $10.33M $2.330M $40.00K $20.00K $20.00K $30.00K $310.0K $50.00K $30.00K
YoY Change 95.18% -94.72% 16.08% 8.41% 41.18% 28.35% 38.02% 135.24% 343.35% 5725.0% 100.0% 0.0% -33.33% -90.32% 520.0% 66.67%
% of Gross Profit 14.41% 10.88% 165.38% 186.13% 212.52% 221.91% 216.39% 222.94% 258.25% 137.06%
Operating Expenses $40.99M $119.4M $38.88M $30.80M $23.50M $24.60M $21.60M $21.20M $12.50M $6.600M $700.0K $1.600M $1.600M $1.700M $3.400M $2.600M $1.700M
YoY Change -65.66% 206.96% 26.25% 31.06% -4.47% 13.89% 1.89% 69.6% 89.39% 842.86% -56.25% 0.0% -5.88% -50.0% 30.77% 52.94%
Operating Profit $13.69M -$6.303M $7.365M $4.600M $5.100M -$5.200M -$6.100M -$10.30M -$8.500M -$4.900M -$700.0K
YoY Change -317.2% -185.59% 60.1% -9.8% -198.08% -14.75% -40.78% 21.18% 73.47% 600.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense -$18.91M $11.16M -$5.239M -$4.300M -$4.300M -$4.200M -$2.200M -$1.900M -$500.0K $0.00 -$500.0K -$500.0K -$800.0K -$100.0K $0.00 $0.00
YoY Change -269.46% -313.06% 21.83% 0.0% 2.38% 90.91% 15.79% 280.0% 0.0% -37.5% 700.0%
% of Operating Profit -138.15% -71.13% -93.48% -84.31%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income -$5.223M -$3.003M $4.058M $300.0K $800.0K -$9.500M -$8.300M -$12.30M -$9.000M -$4.900M -$700.0K $400.0K $300.0K $0.00 -$1.900M -$1.300M -$1.000M
YoY Change 73.92% -174.01% 1252.69% -62.5% -108.42% 14.46% -32.52% 36.67% 83.67% 600.0% -275.0% 33.33% -100.0% 46.15% 30.0%
Income Tax -$989.8K -$16.64M $785.3K $700.0K $200.0K $0.00 -$100.0K -$500.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 19.35% 233.33% 25.0% 0.0% 0.0%
Net Earnings -$8.337M $13.63M $3.273M -$300.0K $600.0K -$9.500M -$8.300M -$12.30M -$8.800M -$3.700M -$700.0K $400.0K $300.0K -$400.0K -$1.900M -$1.300M -$1.000M
YoY Change -161.16% 316.52% -1190.92% -150.0% -106.32% 14.46% -32.52% 39.77% 137.84% 428.57% -275.0% 33.33% -175.0% -78.95% 46.15% 30.0%
Net Earnings / Revenue -7.13% 12.06% 2.61% -0.29% 0.68% -15.45% -12.39% -25.84% -42.51% -74.0% 16.0% 12.5% -16.0% -111.76% -100.0% -166.67%
Basic Earnings Per Share -$0.51 $0.45 $0.04
Diluted Earnings Per Share -$0.51 $0.44 $140.9K -$14.29K $33.90K -$1.105M -$1.566M -$2.365M -$1.796M -$1.321M -$368.4K $190.5K $142.9K -$190.5K -$1.462M -$1.000M -$909.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $4.413M $6.052M $5.095M $8.540M $6.870M $6.140M $4.970M $5.410M $3.400M $2.880M $960.0K $7.630M $6.640M $7.810M $5.690M $4.690M $5.000M
YoY Change -27.08% 18.79% -40.34% 24.31% 11.89% 23.54% -8.13% 59.12% 18.06% 200.0% -87.42% 14.91% -14.98% 37.26% 21.32% -6.2%
Cash & Equivalents
Short-Term Investments $7.020M $6.330M $7.640M $5.240M $4.290M $1.500M
Other Short-Term Assets $32.43M $35.16M $41.90M $43.69M $31.73M $32.68M $21.74M $18.93M $11.44M $4.360M $5.420M $270.0K $230.0K $300.0K $1.990M $290.0K $100.0K
YoY Change -7.76% -16.08% -4.1% 37.69% -2.91% 50.32% 14.84% 65.47% 162.39% -19.56% 1907.41% 17.39% -23.33% -84.92% 586.21% 190.0%
Inventory
Prepaid Expenses
Receivables $29.90M $10.03M $8.270M $6.380M $4.260M $2.180M $750.0K $130.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $117.4M $109.7M $76.89M $62.27M $46.88M $45.20M $30.96M $26.53M $15.59M $7.370M $6.380M $7.900M $6.870M $8.110M $7.680M $4.980M $5.090M
YoY Change 7.06% 42.65% 23.48% 32.83% 3.72% 45.99% 16.7% 70.17% 111.53% 15.52% -19.24% 14.99% -15.29% 5.6% 54.22% -2.16%
Property, Plant & Equipment $10.55M $9.493M $7.841M $5.910M $5.260M $3.340M $2.950M $2.540M $1.800M $1.050M $60.00K $10.00K $20.00K $20.00K $30.00K $70.00K $90.00K
YoY Change 11.09% 21.07% 32.68% 12.36% 57.49% 13.22% 16.14% 41.11% 71.43% 1650.0% 500.0% -50.0% 0.0% -33.33% -57.14% -22.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.89M $13.95M $77.58K $70.00K $80.00K $90.00K $100.0K $70.00K $70.00K $60.00K $10.00K $10.00K $10.00K $10.00K $10.00K $180.0K $20.00K
YoY Change -0.4% 17879.58% 10.83% -12.5% -11.11% -10.0% 42.86% 0.0% 16.67% 500.0% 0.0% 0.0% 0.0% 0.0% -94.44% 800.0%
Total Long-Term Assets $39.06M $38.60M $7.919M $5.980M $5.330M $3.430M $3.050M $2.630M $1.890M $1.140M $100.0K $20.00K $20.00K $20.00K $510.0K $250.0K $110.0K
YoY Change 1.17% 387.5% 32.42% 12.2% 55.39% 12.46% 15.97% 39.15% 65.79% 1040.0% 400.0% 0.0% 0.0% -96.08% 104.0% 127.27%
Total Assets $156.5M $148.3M $84.81M $68.25M $52.21M $48.63M $34.01M $29.16M $17.48M $8.510M $6.480M $7.920M $6.890M $8.130M $8.190M $5.230M $5.200M
YoY Change
Accounts Payable $7.140M $6.512M $7.982M $7.910M $4.570M $8.320M $7.700M $3.920M $1.780M $840.0K $20.00K $90.00K $50.00K $60.00K $40.00K $120.0K $70.00K
YoY Change 9.64% -18.42% 0.91% 73.09% -45.07% 8.05% 96.43% 120.22% 111.9% 4100.0% -77.78% 80.0% -16.67% 50.0% -66.67% 71.43%
Accrued Expenses $4.791M $4.307M $3.543M $3.150M $1.910M $1.730M $1.190M $560.0K $740.0K $330.0K $70.00K $130.0K $90.00K $130.0K $350.0K $80.00K $170.0K
YoY Change 11.23% 21.59% 12.47% 64.92% 10.4% 45.38% 112.5% -24.32% 124.24% 371.43% -46.15% 44.44% -30.77% -62.86% 337.5% -52.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $480.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $203.2K $1.409M $1.062M $6.010M $1.070M $16.07M $14.09M $0.00 $1.000M $0.00 $50.00K $0.00
YoY Change -85.58% 32.69% -82.33% 461.68% -93.34% 14.05% -100.0%
Total Short-Term Liabilities $12.13M $12.23M $12.59M $17.07M $7.550M $26.11M $22.99M $4.470M $2.520M $2.170M $3.420M $5.220M $4.600M $6.120M $5.510M $1.500M $680.0K
YoY Change -0.77% -2.85% -26.26% 126.09% -71.08% 13.57% 414.32% 77.38% 16.13% -36.55% -34.48% 13.48% -24.84% 11.07% 267.33% 120.59%
Long-Term Debt $113.8M $94.76M $53.82M $37.90M $32.66M $14.02M $4.700M $10.16M $8.790M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $50.00K $0.00
YoY Change 20.1% 76.05% 42.02% 16.04% 132.95% 198.3% -53.74% 15.59% -100.0%
Other Long-Term Liabilities $1.322M $10.27M $1.762M $2.130M $2.040M $0.00 $10.00K
YoY Change -87.13% 482.76% -17.3% 4.41% -100.0%
Total Long-Term Liabilities $115.1M $105.0M $55.59M $40.03M $34.70M $14.02M $4.700M $10.16M $8.790M $10.00K $0.00 $0.00 $0.00 $0.00 $0.00 $50.00K $0.00
YoY Change 9.62% 88.94% 38.86% 15.36% 147.5% 198.3% -53.74% 15.59% 87800.0% -100.0%
Total Liabilities $127.3M $117.3M $68.67M $57.10M $42.25M $40.13M $27.68M $14.63M $11.31M $2.170M $3.420M $5.220M $4.600M $6.120M $5.810M $1.550M $680.0K
YoY Change 8.53% 70.76% 20.26% 35.15% 5.28% 44.98% 89.2% 29.35% 421.2% -36.55% -34.48% 13.48% -24.84% 5.34% 274.84% 127.94%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Basic Shares Outstanding 16.26M shares 21.65M shares 21.39M shares
Diluted Shares Outstanding 16.26M shares 22.43M shares 23.23M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $41.421 Million

About FlexShopper, Inc.

FlexShopper, Inc. is a financial technology company, which engages in the provision of electronics, home furnishings, and other durable goods to underserved consumers on a lease-to-own (LTO) basis through its patented e-commerce marketplace. The company is headquartered in Boca Raton, Florida and currently employs 204 full-time employees. The company went IPO on 2007-12-12. The firm provides a variety of funding options via lease-purchase solutions and loans. The company has several channels, which generate payment options for customers. The firm enables consumers to use its e-commerce marketplace to shop for brand name electronics, home furnishings and other durable goods on a lease-to-own (LTO) basis. The company provides an opportunity to obtain ownership of durable products, such as consumer electronics, home appliances, computers (including tablets and wearables), smartphones, tires, jewelry and furniture (including accessories), under affordable payment LTO purchase agreements with no long-term obligation. The firm's primary sales channels include business-to-consumer and business-to- business channels. The company offers a range of brands, such as Samsung, Sony and TCL home electronics; Frigidaire, General Electric, Samsung and Whirlpool appliances, and others.

Industry: Services-Equipment Rental & Leasing, NEC Peers: A-Mark Precious Metals, Inc. ACACIA RESEARCH CORP CALIFORNIA FIRST LEASING CORP GWG Holdings, Inc. Sundance Strategies, Inc. SWK Holdings Corp LM FUNDING AMERICA, INC. Mill City Ventures III, Ltd