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FlexShopper, Inc. - $FPAY STOCK NEWS

Welcome to our dedicated page for FlexShopper news (Ticker: $FPAY), a resource for investors and traders seeking the latest updates and insights on FlexShopper stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FlexShopper's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FlexShopper's position in the market.

Rhea-AI Summary
FlexShopper, Inc. (FPAY) announces financial results for Q4 2023 and full year 2023, showing significant growth in total fundings, net lease and loan revenues, gross profit, and adjusted EBITDA. The company reported an increase in total fundings by 12.0% to $35.4 million for Q4 2023 and 7.7% to $120.4 million for full year 2023. Net lease and loan revenues and fees increased by 40.9% to $30.3 million for Q4 2023 and 3.4% to $117.0 million for full year 2023. Gross profit surged by 315.8% to $15.8 million for Q4 2023 and 47.4% to $54.7 million for full year 2023. Adjusted EBITDA saw a significant increase to $8.1 million for Q4 2023 and $23.2 million for full year 2023. However, the company reported a net loss attributable to common stockholders of $(715) thousand for Q4 2023 and $8.3 million for full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.71%
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Rhea-AI Summary
FlexShopper, Inc. (FPAY) schedules a conference call to discuss its Q4 and year-end financial results. The call will take place on April 2, 2024, at 8:30 a.m. ET. Participants can join via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.76%
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Rhea-AI Summary
FlexShopper, Inc. (Nasdaq:FPAY) announced its financial results for the quarter and nine months ended September 30, 2023. Total fundings increased, gross profit surged, and net income turned positive, showing a strong performance. Adjusted EBITDA increased significantly, indicating improved operational efficiency.
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Rhea-AI Sentiment
End-of-Day
6.06%
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Rhea-AI Summary
FlexShopper, Inc. (Nasdaq:FPAY) to Release Q3 2023 Financial Results and Host Conference Call on November 15, 2023. The leading national online lease-to-own (LTO) retailer and payment solution provider for underserved consumers will discuss its financial performance and future outlook.
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Rhea-AI Summary
FlexShopper, Inc. (Nasdaq:FPAY) announced its financial results for the quarter ended June 30, 2023. Total fundings decreased by 11.0% to $27.5 million, gross profit decreased by 52.0% to $8.4 million, and adjusted EBITDA decreased by 95.3% to $0.3 million. For the six months ended June 30, 2023, total fundings increased by 6.8% to $54.9 million, gross profit decreased by 18.2% to $22.0 million, and adjusted EBITDA increased by 6.3% to $6.7 million.
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Rhea-AI Sentiment
End-of-Day
-17.14%
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Rhea-AI Summary
FlexShopper regains compliance with Nasdaq's Minimum Bid Price Requirement.
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-0.85%
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5.22%
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15.66%
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10.67%
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10.67%
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FlexShopper, Inc.

Nasdaq:FPAY

FPAY Rankings

FPAY Stock Data

23.75M
11.02M
42.15%
19.42%
0.2%
Consumer Electronics and Appliances Rental
Real Estate and Rental and Leasing
Link
United States of America
BOCA RATON

About FPAY

flexshopper, llc, a wholly owned subsidiary of flexshopper, inc. (nsdq: fpay) is a financial and technology company that provides brand name durable goods to consumers on a lease-to-own (lto) basis through its ecommerce marketplace (www.flexshopper.com ) and patent pending lto payment method. flexshopper also provides lto technology platforms to retailers and e-tailers to enter into transactions with consumers that want to obtain durable goods, but do not have sufficient cash or credit. flexshopper also funds the lto transactions by paying merchants for the goods and collecting from consumers under an lto contract. flexshopper offers consumers three distinct ways of obtaining brand name durable goods on an lto basis: 1) at flexshopper's lto e-commerce marketplace, www.flexshopper.com, consumers can choose from over 80,000 different items including electronics, white goods, furniture, musical instruments, and equipment. 2) on third-party e-commerce sites featuring flexshopper's lto paym