Company FlexShopper, Inc.

Equities

FPAY

US33939J3032

Internet Services

Market Closed - Nasdaq 04:30:00 2024-04-23 pm EDT 5-day change 1st Jan Change
1.085 USD +1.40% Intraday chart for FlexShopper, Inc. +2.36% -35.03%

Business Summary

FlexShopper, Inc. is a financial technology company, which provides payment options to consumers. The Company provides a variety of funding options via lease-purchase solutions and loans. It has several channels, with which it generates payment options for customers. The Company enables consumers utilizing its e-commerce marketplace to shop for brand name electronics, home furnishings and other durable goods on a lease-to-own (LTO) basis. It provides 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 LTO Engine is the basis for its primary sales channels, which include business-to-consumer and business-to- business channels. It offers a range of brands, such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Ashley, Apple among other.

Number of employees: 204

Sales per Business

USD in Million2022Weight2023Weight Delta
Lease Revenues and Fees
78.6 %
106 93.7 % 92 78.6 % -13.21%
Loan Revenues and Fees
21.4 %
7 6.3 % 25 21.4 % +251.56%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
113 100.0 % 117 100.0 % +3.47%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 15-11-30
Chief Operating Officer 55 20-10-31

Members of the board

Members of the board TitleAgeSince
Chairman 60 18-11-30
Director/Board Member 65 16-02-17
Director/Board Member 72 14-11-12
Director/Board Member 66 20-06-30
Director/Board Member 45 18-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 21,952 0 0 56.00 %
Stock B 1 21,916,333 12,368,321 ( 56.43 %) 164,029 ( 0.7484 %)
Stock C 0 170,332 0 0

Shareholders

NameEquities%Valuation
Pita Holdings LLC
28.65 %
6,202,938 28.65 % 9 M $
1,750,621 8.085 % 3 M $
Waterfall Asset Management LLC
7.526 %
1,629,544 7.526 % 2 M $
Perkins Capital Management, Inc.
5.615 %
1,215,793 5.615 % 2 M $
772,571 3.568 % 1 M $
Vanguard Global Advisers LLC
2.960 %
640,870 2.960 % 954 896 $
312,000 1.441 % 464 880 $
Benchmark Financial Wealth Advisors LLC
1.034 %
223,978 1.034 % 333 727 $
James Allen
0.6928 %
150,000 0.6928 % 223 500 $
Geode Capital Management LLC
0.6262 %
135,572 0.6262 % 202 002 $
NameEquities%Valuation
Pacific Investment Management Co. LLC
100.00 %
20,000 100.00 % 29 800 $

Company contact information

FlexShopper, Inc.

901 Yamato Road Suite 260

33431, Boca Raton

+855 353 9289

http://www.flexshopper.com
address FlexShopper, Inc.(FPAY)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
1.07 USD
Average target price
2.917 USD
Spread / Average Target
+172.59%
Consensus
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