FPAY RSI Chart
Last 30 days
-2.6%
Last 90 days
-3.5%
Trailing 12 Months
4.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 120.1M | 0 | 0 | 0 |
2023 | 114.9M | 102.9M | 108.1M | 117.0M |
2022 | 121.6M | 127.5M | 122.7M | 113.1M |
2021 | 110.0M | 116.2M | 122.5M | 125.4M |
2020 | 90.9M | 94.8M | 96.4M | 102.1M |
2019 | 69.4M | 76.5M | 84.3M | 88.8M |
2018 | 64.4M | 61.3M | 59.9M | 61.5M |
2017 | 54.8M | 60.8M | 65.0M | 67.0M |
2016 | 27.1M | 33.5M | 40.4M | 47.6M |
2015 | 8.7M | 12.3M | 16.1M | 20.7M |
2014 | 1.5M | 1.5M | 2.5M | 5.0M |
2013 | 2.1M | 2.1M | 2.0M | 2.0M |
2012 | 2.4M | 2.3M | 2.5M | 2.1M |
2011 | 0 | 2.5M | 2.4M | 2.4M |
2010 | 0 | 0 | 0 | 2.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 29, 2023 | dvorkin howard | bought | 45,405 | 1.69 | 26,867 | - |
Dec 28, 2023 | dvorkin howard | bought | 88,529 | 1.74 | 50,879 | - |
Nov 20, 2023 | dvorkin howard | bought | 9,751 | 1.12 | 8,707 | - |
Sep 25, 2023 | davis john | bought | 7,059 | 1.09 | 6,477 | coo |
Sep 22, 2023 | davis john | bought | 1,317 | 1.06 | 1,243 | coo |
Dec 28, 2022 | dvorkin howard | bought | 18,065 | 0.89 | 20,298 | - |
Dec 27, 2022 | dvorkin howard | bought | 15,022 | 0.9 | 16,692 | - |
Dec 23, 2022 | dvorkin howard | bought | 12,576 | 0.91 | 13,820 | - |
Dec 12, 2022 | dvorkin howard | bought | 34,704 | 1.00 | 34,704 | - |
Dec 09, 2022 | dvorkin howard | bought | 8,211 | 1.00 | 8,211 | - |
Which funds bought or sold FPAY recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | STATE STREET CORP | unchanged | - | -9,328 | 77,221 | -% |
May 15, 2024 | MORGAN STANLEY | unchanged | - | -180 | 1,490 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | sold off | -100 | -35.00 | - | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | added | 47.66 | 2,215 | 9,196 | -% |
May 15, 2024 | Royal Bank of Canada | unchanged | - | - | - | -% |
May 14, 2024 | NORTHERN TRUST CORP | reduced | -52.2 | -37,337 | 27,765 | -% |
May 14, 2024 | Heron Bay Capital Management | new | - | 42,531 | 42,531 | 0.01% |
May 14, 2024 | Waterfall Asset Management, LLC | added | - | -293,313 | 2,428,020 | 1.67% |
May 13, 2024 | XTX Topco Ltd | new | - | 22,563 | 22,563 | -% |
May 13, 2024 | UBS Group AG | unchanged | - | -18,000 | 149,000 | -% |
Unveiling FlexShopper Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to FlexShopper Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 103.3B | 18.9B | 27.92 | 5.46 | ||||
CTAS | 70.2B | 9.4B | 46.72 | 7.46 | ||||
CPRT | 52.4B | 4.1B | 38.65 | 12.91 | ||||
EFX | 30.8B | 5.4B | 55.13 | 5.75 | ||||
BAH | 19.8B | 10.3B | 48.27 | 1.91 | ||||
ALLE | 10.9B | 3.6B | 20.13 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.4B | 6.2B | 21.08 | 1.21 | ||||
AL | 5.5B | 2.7B | 9.4 | 2.02 | ||||
SRCL | 4.3B | 2.6B | -221.54 | 1.64 | ||||
ABM | 3.0B | 8.2B | 11.58 | 0.36 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.93 | 0.71 | ||||
ALTG | 285.4M | 1.9B | 32.07 | 0.15 | ||||
ARC | 118.7M | 283.1M | 13.57 | 0.42 | ||||
AQMS | 48.7M | 212.0K | -1.94 | 213.63 | ||||
AWX | 9.4M | 81.0M | -8.5 | 0.12 |
FlexShopper Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 12.1% | 33,945 | 30,271 | 31,386 | 24,532 | 30,786 | 21,411 | 26,141 | 36,548 | 28,955 | 31,094 | 30,861 | 30,689 | 32,784 | 28,142 | 24,570 | 24,530 | 24,843 | 22,462 | 22,932 | 20,664 | 22,731 |
Costs and Expenses | 17.2% | 28,901 | 24,654 | 25,434 | 26,563 | 26,633 | 26,886 | 30,690 | 31,546 | 30,238 | 30,206 | 26,995 | 29,478 | 31,383 | 26,809 | 23,329 | 23,741 | 23,579 | 22,205 | 20,483 | 19,952 | 21,046 |
Operating Expenses | - | - | - | - | 1,655 | 1,834 | 1,127 | 1,027 | 804 | 426 | 167 | 167 | 112 | 63.00 | - | - | - | - | - | - | - | - |
EBITDA Margin | -1.4% | 0.59* | 0.60* | 0.71* | 0.70* | 0.72* | 0.71* | 0.61* | 0.67* | 0.67* | 0.70* | 0.70* | 0.67* | 0.68* | - | - | - | - | - | - | - | - |
Interest Expenses | 4.9% | 5,315 | 5,067 | 4,747 | 4,569 | 4,531 | 3,825 | 3,030 | 2,348 | 1,958 | 1,384 | 1,234 | 1,222 | 1,399 | 1,088 | 951 | 1,051 | 1,212 | 341 | 1,062 | 1,022 | 1,182 |
Income Taxes | -129.1% | -56.93 | 195 | 266 | -1,302 | -148 | -2,742 | -1,298 | -11,734 | -859 | -1,129 | 936 | 978 | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | -149.3% | -271 | 550 | 1,206 | -6,599 | -378 | 5,161 | -7,578 | 2,655 | -3,240 | -495 | 2,632 | 1,920 | 1.00 | 244 | 289 | -262 | 52.00 | - | - | -309 | 504 |
EBT Margin | 4.6% | -0.04* | -0.04* | -0.01* | -0.09* | 0.00* | -0.03* | -0.07* | 0.01* | 0.01* | 0.03* | 0.04* | 0.02* | 0.00* | - | - | - | - | - | - | - | - |
Net Income | -160.5% | -214 | 354 | 940 | -5,297 | -230 | 7,904 | -6,280 | 14,389 | -2,380 | 633 | 1,696 | 942 | 1.00 | -367 | 289 | -262 | -51.68 | -1,004 | 1,388 | -309 | 504 |
Net Income Margin | 3.0% | -0.04* | -0.04* | 0.03* | -0.04* | 0.14* | 0.12* | 0.05* | 0.11* | 0.01* | 0.03* | 0.02* | 0.01* | 0.00* | - | - | - | - | - | - | - | - |
Free Cashflow | 32.2% | -7,458 | -10,996 | -4,359 | -1,489 | 3,846 | -5,334 | -9,804 | -13,394 | -9,201 | -13,483 | -436 | -104 | -1,297 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 3.9% | 163 | 156 | 144 | 138 | 145 | 148 | 122 | 120 | 87.00 | 85.00 | 65.00 | 63.00 | 64.00 | 68.00 | 52.00 | 50.00 | 50.00 | 52.00 | 41.00 | 40.00 | 41.00 |
Current Assets | 5.2% | 124 | 117 | 105 | 98.00 | 106 | 110 | 98.00 | 98.00 | 79.00 | 77.00 | 57.00 | 57.00 | 58.00 | 62.00 | 46.00 | 44.00 | 45.00 | 47.00 | 36.00 | 35.00 | 38.00 |
Cash Equivalents | 26.8% | 6.00 | 4.00 | 6.00 | 6.00 | 10.00 | 6.00 | 6.00 | 5.00 | 4.00 | 5.00 | 3.00 | 5.00 | 6.00 | 9.00 | 7.00 | 10.00 | 5.00 | 7.00 | 3.00 | 3.00 | 3.00 |
Net PPE | 3.0% | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 7.00 | 9.00 | 8.00 | 5.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 3.00 |
Liabilities | 4.8% | 133 | 127 | 116 | 111 | 114 | 117 | 99.00 | 91.00 | 73.00 | 69.00 | 49.00 | 50.00 | 52.00 | 57.00 | 40.00 | 39.00 | 40.00 | 42.00 | 31.00 | 31.00 | 32.00 |
Current Liabilities | -25.7% | 9.00 | 12.00 | 8.00 | 8.00 | 8.00 | 12.00 | 9.00 | 12.00 | 7.00 | 13.00 | 12.00 | 12.00 | 8.00 | 17.00 | 27.00 | 19.00 | 9.00 | 8.00 | 5.00 | 5.00 | 27.00 |
Shareholder's Equity | 0.0% | 29.00 | 29.00 | 29.00 | 27.00 | 31.00 | 31.00 | 23.00 | 29.00 | 14.00 | 16.00 | 15.00 | 13.00 | 12.00 | 11.00 | 11.00 | 11.00 | 10.00 | 10.00 | 11.00 | 9.00 | 9.00 |
Retained Earnings | -0.6% | -36.04 | -35.82 | -36.18 | -37.12 | -31.82 | -31.59 | -39.49 | -33.21 | -47.60 | -45.22 | -45.86 | -47.55 | -48.49 | -48.50 | -48.08 | -48.37 | -48.10 | -48.16 | -47.15 | -48.54 | -48.23 |
Additional Paid-In Capital | 0.5% | 43.00 | 42.00 | 42.00 | 42.00 | 40.00 | 40.00 | 40.00 | 39.00 | 39.00 | 39.00 | 38.00 | 38.00 | 37.00 | 37.00 | 37.00 | 36.00 | 36.00 | 35.00 | 35.00 | 35.00 | 34.00 |
Shares Outstanding | 0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 21.00 | 21.00 | 21.00 | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 16.00 | - | - | - | 11.00 | - | - | - | 40.00 | - | - | - | 24.00 | - | - | - | 12.00 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 38.8% | -5,643 | -9,227 | -2,908 | -128 | 5,599 | -3,691 | -7,874 | -11,730 | -7,940 | -12,415 | 1,194 | 529 | -563 | -9,762 | -1,239 | 5,236 | 559 | -4,460 | 1,295 | 3,162 | -466 |
Share Based Compensation | -36.4% | 217 | 341 | 472 | 444 | 421 | 48.00 | 387 | 257 | 305 | 231 | 383 | 441 | 593 | 336 | 289 | 548 | 216 | 229 | 117 | 303 | 37.00 |
Cashflow From Investing | 6.0% | -2,279 | -2,424 | -1,678 | -1,535 | -1,922 | 875 | -2,388 | -2,133 | -1,553 | -1,490 | -2,092 | -633 | -734 | -998 | -700 | -752 | -646 | -576 | -559 | -551 | -553 |
Cashflow From Financing | -11.9% | 9,103 | 10,327 | 3,946 | -1,827 | 20.00 | 3,234 | 10,569 | 14,994 | 8,720 | 15,853 | -1,101 | -1,064 | -928 | 12,552 | -1,160 | -86.98 | -1,326 | 8,733 | -354 | -2,465 | -2,474 |
Buy Backs | -90.8% | 6.00 | 67.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues: | ||
Lease revenues and fees, net | $ 25,833,736 | $ 24,714,158 |
Loan revenues and fees, net of changes in fair value | 7,331,277 | 6,071,617 |
Retail revenues | 779,860 | |
Total revenues | 33,944,873 | 30,785,775 |
Costs and expenses: | ||
Depreciation and impairment of lease merchandise | 14,685,863 | 15,345,788 |
Loan origination costs and fees | 821,827 | 1,833,627 |
Cost of retail revenues | 611,204 | |
Marketing | 1,765,572 | 1,099,189 |
Salaries and benefits | 4,083,918 | 2,726,890 |
Operating expenses | 6,932,507 | 5,627,708 |
Total costs and expenses | 28,900,891 | 26,633,202 |
Operating income | 5,043,982 | 4,152,573 |
Interest expense including amortization of debt issuance costs | 5,315,094 | 4,531,327 |
Loss before income taxes | (271,112) | (378,754) |
Benefit from income taxes | 56,933 | 148,539 |
Net loss | (214,179) | (230,215) |
Dividends on Series 2 Convertible Preferred Shares | 1,069,456 | 972,233 |
Net loss attributable to common and Series 1 Convertible Preferred shareholders | $ (1,283,635) | $ (1,202,448) |
Basic and diluted loss per common share: | ||
Basic (in Dollars per share) | $ (0.06) | $ (0.06) |
Diluted (in Dollars per share) | $ (0.06) | $ (0.06) |
WEIGHTED AVERAGE COMMON SHARES: | ||
Basic (in Shares) | 21,586,019 | 21,751,304 |
Diluted (in Shares) | 21,586,019 | 21,751,304 |
Condensed Consolidated Balance Sheets - USD ($) | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
CURRENT ASSETS: | ||
Cash | $ 5,593,750 | $ 4,413,130 |
Lease receivables, net | 49,316,032 | 44,795,090 |
Loan receivables at fair value | 39,457,230 | 35,794,290 |
Prepaid expenses and other assets | 3,308,255 | 3,300,677 |
Lease merchandise, net | 25,896,510 | 29,131,440 |
Total current assets | 123,571,777 | 117,434,627 |
Property and equipment, net | 9,588,238 | 9,308,859 |
Right of use asset, net | 1,190,482 | 1,237,010 |
Intangible assets, net | 12,948,971 | 13,391,305 |
Other assets, net | 2,313,988 | 2,175,215 |
Deferred tax asset, net | 13,000,294 | 12,943,361 |
Total assets | 162,613,750 | 156,490,377 |
CURRENT LIABILITIES: | ||
Accounts payable | 3,370,054 | 7,139,848 |
Accrued payroll and related taxes | 700,208 | 578,197 |
Accrued expenses | 4,498,602 | 3,972,397 |
Lease liability - current portion | 253,936 | 245,052 |
Total current liabilities | 9,021,198 | 12,134,118 |
Loan payable under credit agreement to beneficial shareholder, net of unamortized issuance costs of $1,500,000 at March 31, 2024 and $70,780 at December 31, 2023 | 105,566,690 | 96,384,220 |
Loan payable under Basepoint credit agreement, net of unamortized issuance costs of $83,347 at March 31, 2024 and $92,963 at December 31, 2023 | 7,329,258 | 7,319,641 |
Lease liabilities, net of current portion | 1,254,239 | 1,321,578 |
Total liabilities | 133,386,129 | 127,259,604 |
STOCKHOLDERS’ EQUITY | ||
Common stock, $0.0001 par value- authorized 40,000,000 shares, issued and outstanding 21,752,304 shares at March 31, 2024 and 21,752,304 shares at December 31, 2023 | 2,176 | 2,176 |
Treasury shares, at cost -169,447 shares at March 31,2024 and 164,029 shares at December 31, 2023 | (172,855) | (166,757) |
Additional paid in capital | 42,633,019 | 42,415,894 |
Accumulated deficit | (36,038,379) | (35,824,200) |
Total stockholders’ equity | 29,227,621 | 29,230,773 |
Total liabilities and stockholders' equity | 162,613,750 | 156,490,377 |
Related Party | ||
CURRENT LIABILITIES: | ||
Promissory notes to related parties, including accrued interest | 198,398 | 198,624 |
Promissory notes to related parties, net of unamortized issuance cost of $535,256 at March 31, 2024 and $649,953 at December 31, 202, and net of current portion | 10,214,744 | 10,100,047 |
Series 1 Convertible Preferred Stock | ||
STOCKHOLDERS’ EQUITY | ||
Convertible preferred stock value | 851,660 | 851,660 |
Series 2 Convertible Preferred Stock | ||
STOCKHOLDERS’ EQUITY | ||
Convertible preferred stock value | $ 21,952,000 | $ 21,952,000 |