NasdaqCM:FPAY

Stock Analysis Report

Executive Summary

FlexShopper, Inc., through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider.

Snowflake

Fundamentals

Reasonable growth potential and slightly overvalued.

Risks

  • FlexShopper has significant price volatility in the past 3 months.
  • FlexShopper is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has FlexShopper's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

13.8%

NasdaqCM:FPAY

-2.7%

US Diversified Financial

-0.3%

US Market


1 Year Return

-58.3%

NasdaqCM:FPAY

2.5%

US Diversified Financial

3.4%

US Market

FPAY underperformed the Diversified Financial industry which returned 10% over the past year.

FPAY underperformed the Market in United States of America which returned 4.1% over the past year.


Share holder returns

FPAYIndustryMarket
7 Day13.8%-2.7%-0.3%
30 Day38.3%2.2%2.9%
90 Day76.4%-1.2%2.1%
1 Year-58.3%-58.3%2.6%2.5%5.7%3.4%
3 Year-71.0%-71.0%41.9%41.7%45.8%36.2%
5 Year-82.6%-82.6%58.6%58.1%58.9%41.3%

Price Volatility Vs. Market

How volatile is FlexShopper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is FlexShopper undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

FlexShopper's share price is below the future cash flow value, and at a moderate discount (> 20%).

FlexShopper's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

FlexShopper is loss making, we can't compare its value to the US Diversified Financial industry average.

FlexShopper is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for FlexShopper, we can't assess if its growth is good value.


Price Based on Value of Assets

FlexShopper has negative assets, we can't compare the value of its assets to the US Diversified Financial industry average.


Next Steps

Future Growth

How is FlexShopper expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

135.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

FlexShopper's revenue is expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).

FlexShopper's earnings are expected to grow significantly at over 20% yearly.

FlexShopper's revenue growth is expected to exceed the United States of America market average.

FlexShopper's earnings growth is expected to exceed the United States of America market average.

FlexShopper's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if FlexShopper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has FlexShopper performed over the past 5 years?

-22.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

FlexShopper does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare FlexShopper's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare FlexShopper's 1-year growth to the US Diversified Financial industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if FlexShopper has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if FlexShopper has efficiently used its assets last year compared to the US Diversified Financial industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if FlexShopper improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is FlexShopper's financial position?


Financial Position Analysis

FlexShopper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

FlexShopper's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

FlexShopper's level of debt (307.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (6.2% vs 307.7% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

FlexShopper has less than a year of cash runway based on current free cash flow.

FlexShopper has less than a year of cash runway if free cash flow continues to reduce at historical rates of -0.2% each year.


Next Steps

Dividend

What is FlexShopper's current dividend yield, its reliability and sustainability?

162.50%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate FlexShopper's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate FlexShopper's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as FlexShopper has not reported any payouts.

Unable to verify if FlexShopper's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as FlexShopper has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of FlexShopper's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Brad Bernstein (54yo)

4.6yrs

Tenure

US$453,348

Compensation

Mr. Brad Mitchell Bernstein is a Co-Founder of Anchor Funding Services, Inc., (also known as Flexshopper, Inc) and has been its President since January 31, 2007 also Chief Executive Officer since December  ...


CEO Compensation Analysis

Brad's remuneration is about average for companies of similar size in United States of America.

Brad's compensation has increased whilst company is loss making.


Management Age and Tenure

4.1yrs

Average Tenure

49yo

Average Age

The tenure for the FlexShopper management team is about average.


Board Age and Tenure

4.7yrs

Average Tenure

54yo

Average Age

The tenure for the FlexShopper board of directors is about average.


Insider Trading

More shares have been bought than sold by FlexShopper individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$1,55011 Jul 19
Howard Dvorkin
EntityIndividual
Role
Chairman of the Board
Shares1,500
Max PriceUS$1.08
BuyUS$5,27726 Jun 19
NRNS Capital Holdings, LLC
EntityCompany
Shares5,225
Max PriceUS$1.01
BuyUS$58,68926 Jun 19
Pita Holdings LLC
EntityCompany
Shares55,894
Max PriceUS$1.05
BuyUS$30,09514 Jun 19
Pita Holdings LLC
EntityCompany
Shares32,100
Max PriceUS$0.95
BuyUS$108,48814 May 19
NRNS Capital Holdings, LLC
EntityCompany
Shares130,000
Max PriceUS$0.85
BuyUS$30,49614 May 19
Pita Holdings LLC
EntityCompany
Shares36,305
Max PriceUS$0.84
BuyUS$690,10215 Apr 19
John Emerson
EntityIndividual
Shares815,933
Max PriceUS$0.87
BuyUS$12,75022 Mar 19
Pita Holdings LLC
EntityCompany
Shares15,000
Max PriceUS$0.85
BuyUS$49,56218 Mar 19
Pita Holdings LLC
EntityCompany
Shares59,140
Max PriceUS$0.84
BuyUS$37,18131 Dec 18
NRNS Capital Holdings, LLC
EntityCompany
Shares51,640
Max PriceUS$0.72
BuyUS$29,13927 Dec 18
NRNS Capital Holdings, LLC
EntityCompany
Shares42,538
Max PriceUS$0.69
BuyUS$23,66121 Dec 18
Pita Holdings LLC
EntityCompany
Shares33,420
Max PriceUS$0.71
BuyUS$17,11220 Dec 18
Pita Holdings LLC
EntityCompany
Shares24,000
Max PriceUS$0.71
BuyUS$21,39019 Dec 18
Pita Holdings LLC
EntityCompany
Shares30,000
Max PriceUS$0.71
BuyUS$120,91317 Dec 18
Pita Holdings LLC
EntityCompany
Shares167,007
Max PriceUS$0.72
BuyUS$66,09809 Nov 18
Pita Holdings LLC
EntityCompany
Shares90,114
Max PriceUS$0.74
BuyUS$53,98331 Oct 18
Pita Holdings LLC
EntityCompany
Shares68,599
Max PriceUS$0.82
BuyUS$15,60024 Oct 18
Pita Holdings LLC
EntityCompany
Shares20,000
Max PriceUS$0.78
BuyUS$40,19819 Oct 18
Pita Holdings LLC
EntityCompany
Shares50,883
Max PriceUS$0.79
BuyUS$90,00001 Oct 18
Ravi Radhakrishnan
EntityIndividual
Role
Chief Risk Officer
Shares90,000
Max PriceUS$1.00
BuyUS$75,00001 Oct 18
Carl Pradelli
EntityIndividual
Role
Member of the Board of Directors
Shares75,000
Max PriceUS$1.00
BuyUS$200,00001 Oct 18
T. King
EntityIndividual
Role
Member of the Board of Directors
Shares200,000
Max PriceUS$1.00
BuyUS$50,00001 Oct 18
Brad Bernstein
EntityIndividual
Role
Co-Founder
Member of the Board of Directors
Shares50,000
Max PriceUS$1.00
BuyUS$100,00001 Oct 18
James Allen
EntityIndividual
Role
Member of the Board of Directors
Shares100,000
Max PriceUS$1.00

Ownership Breakdown


Management Team

  • Brad Bernstein (54yo)

    Co-Founder

    • Tenure: 4.6yrs
    • Compensation: $453.35k
  • Frank Matasavage (63yo)

    Controller

    • Tenure: 5.5yrs
    • Compensation: $149.22k
  • Russ Heiser (44yo)

    Chief Financial Officer

    • Tenure: 3.6yrs
    • Compensation: $347.55k
  • Ravi Radhakrishnan (39yo)

    Chief Risk Officer

    • Tenure: 3.4yrs
    • Compensation: $317.55k

Board Members

  • T. King (67yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: $49.21k
  • Carl Pradelli (52yo)

    Independent Director

    • Tenure: 5.0yrs
    • Compensation: $49.21k
  • James Allen (59yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: $50.93k
  • Howard Dvorkin (54yo)

    Chairman of the Board

  • Brad Bernstein (54yo)

    Co-Founder

    • Tenure: 12.5yrs
    • Compensation: $453.35k
  • Sean Hinze (40yo)

    Independent Director

    • Tenure: 0.7yrs

Company Information

FlexShopper, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FlexShopper, Inc.
  • Ticker: FPAY
  • Exchange: NasdaqCM
  • Founded: 2003
  • Industry: specialized finance
  • Sector: diversified financials
  • Market Cap: US$26.146m
  • Shares outstanding: 17.67m
  • Website: Click here

Number of Employees


Location

  • FlexShopper, Inc.
  • 2700 North Military Trail
  • Suite 200
  • Boca Raton
  • Florida
  • 33431
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FPAYNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2007

Biography

FlexShopper, Inc., through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider. The company provides residential furniture, con ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/18 00:18
End of Day Share Price2019/07/17 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.