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
Company profile
Ticker
FPAY
Exchange
Website
CEO
Richard House
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Anchor Funding Services, Inc.
SEC CIK
Corporate docs
Subsidiaries
FlexShopper, LLC • FlexLending, LLC • FlexRetail LLC • Flex Revolution, LLC • Flex TX, LLC • Flex TX Funding, LLC, is limited liability company • Flex TX CAB, LLC, is limited liability company ...
FPAY stock data
Latest filings (excl ownership)
8-K
FlexShopper, Inc. Reports 2023 Fourth Quarter and Year End Financial Results
1 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
FlexShopper, Inc. Reports Third Quarter 2023 Financial Results
14 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
1 Nov 23
ARS
2022 FY
Annual report to shareholders
22 Sep 23
DEF 14A
Definitive proxy
22 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
FlexShopper, Inc. Reports Second Quarter 2023 Financial Results
14 Aug 23
Transcripts
FPAY
Earnings call transcript
2023 Q4
2 Apr 24
FPAY
Earnings call transcript
2023 Q3
15 Nov 23
FPAY
Earnings call transcript
2023 Q2
15 Aug 23
FPAY
Earnings call transcript
2023 Q1
15 May 23
FPAY
Earnings call transcript
2022 Q4
25 Apr 23
FPAY
Earnings call transcript
2022 Q3
11 Nov 22
FPAY
Earnings call transcript
2022 Q2
11 Aug 22
FPAY
Earnings call transcript
2022 Q1
13 May 22
FPAY
Earnings call transcript
2021 Q4
31 Mar 22
FPAY
Earnings call transcript
2021 Q3
16 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.74 mm | 5.74 mm | 5.74 mm | 5.74 mm | 5.74 mm | 5.74 mm |
Cash burn (monthly) | 213.73 k | 1.52 k | (no burn) | 164.12 k | 969.43 k | 94.06 k |
Cash used (since last report) | 1.42 mm | 10.15 k | n/a | 1.09 mm | 6.46 mm | 627.06 k |
Cash remaining | 4.31 mm | 5.73 mm | n/a | 4.64 mm | -725.06 k | 5.11 mm |
Runway (months of cash) | 20.2 | 3760.6 | n/a | 28.3 | -0.7 | 54.3 |
Institutional ownership, Q3 2023
29.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 4 |
Closed positions | 17 |
Increased positions | 21 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 33.91 bn |
Total shares | 6.47 mm |
Total puts | 86.80 k |
Total calls | 108.10 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.76 mm | $10.45 bn |
Vanguard | 1.34 mm | $7.94 bn |
Bigger Capital Fund L P | 708.17 k | $0.00 |
Geode Capital Management | 542.44 k | $3.21 bn |
STT State Street | 522.99 k | $3.10 bn |
NTRS Northern Trust | 220.38 k | $1.30 bn |
Brandywine Global Investment Management | 174.50 k | $1.03 bn |
Dimensional Fund Advisors | 162.77 k | $963.59 mm |
BK Bank Of New York Mellon | 116.66 k | $690.62 mm |
Nuveen Asset Management | 99.35 k | $588.13 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Dec 23 | Dvorkin Howard | Common Stock Option Common Stock | Grant | Acquire A | No | No | 1.67 | 22,296 | 37.23 k | 22,296 |
31 Dec 23 | Thomas O. Katz | Common Stock Option Common Stock | Grant | Acquire A | No | No | 1.67 | 13.378 | 22.34 | 13,378 |
31 Dec 23 | King T Scott | Common Stock Option Common Stock | Grant | Acquire A | No | No | 1.67 | 13,378 | 22.34 k | 13,378 |
29 Dec 23 | Dvorkin Howard | Common Stock | Buy | Acquire P | Yes | No | 1.69 | 26,867 | 45.41 k | 4,062,838 |
28 Dec 23 | Dvorkin Howard | Common Stock | Buy | Acquire P | Yes | No | 1.74 | 50,879 | 88.53 k | 4,035,971 |
20 Nov 23 | Dvorkin Howard | Common Stock | Buy | Acquire P | Yes | No | 1.12 | 8,707 | 9.75 k | 3,985,092 |
News
HC Wainwright & Co. Maintains Buy on FlexShopper, Raises Price Target to $2.5
3 Apr 24
Recap: FlexShopper Q4 Earnings
1 Apr 24
FlexShopper Q4 2023 GAAP EPS $(0.16) Beats $(0.25) Estimate, Sales $30.271M Miss $30.509M Estimate
1 Apr 24
Earnings Scheduled For April 1, 2024
1 Apr 24
Franklin Street Properties And 2 Other Stocks Under $3 Insiders Are Buying
5 Mar 24