FlexShopper, Inc., through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider.
High growth potential and slightly overvalued.
Share Price & News
How has FlexShopper's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FPAY's share price has been volatile over the past 3 months.
7 Day Return
US Diversified Financial
1 Year Return
US Diversified Financial
Return vs Industry: FPAY exceeded the US Diversified Financial industry which returned -11.2% over the past year.
Return vs Market: FPAY exceeded the US Market which returned -10.4% over the past year.
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
3 weeks ago | Simply Wall StEarnings Update: FlexShopper, Inc. Just Reported And Analysts Are Boosting Their Estimates
1 month ago | Simply Wall StHow Many FlexShopper, Inc. (NASDAQ:FPAY) Shares Did Insiders Buy, In The Last Year?
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most FlexShopper, Inc. (NASDAQ:FPAY) Stock?
Is FlexShopper undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FPAY ($1.28) is trading below our estimate of fair value ($20.63)
Significantly Below Fair Value: FPAY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FPAY is unprofitable, so we can't compare its PE Ratio to the Diversified Financial industry average.
PE vs Market: FPAY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FPAY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FPAY has negative assets, so we can't compare its PB Ratio to the US Diversified Financial industry average.
How is FlexShopper forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FPAY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: FPAY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FPAY's is expected to become profitable in the next 3 years.
Revenue vs Market: FPAY's revenue (25.6% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: FPAY's revenue (25.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FPAY's Return on Equity is forecast to be high in 3 years time
How has FlexShopper performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FPAY is currently unprofitable.
Growing Profit Margin: FPAY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FPAY is unprofitable, and losses have increased over the past 5 years at a rate of -0.7% per year.
Accelerating Growth: Unable to compare FPAY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FPAY is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (11.7%).
Return on Equity
High ROE: FPAY has a negative Return on Equity (5.79%), as it is currently unprofitable.
How is FlexShopper's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FPAY has a high level of physical assets or inventory.
Debt Coverage by Assets: FPAY's 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.
Stable Cash Runway: FPAY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FPAY has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of -16.5% each year.
Financial Institutions Analysis
Asset Level: FPAY's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if FPAY has a sufficient allowance for bad loans.
Low Risk Liabilities: FPAY reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if FPAY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FPAY has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if FPAY has an appropriate level of bad loans.
What is FlexShopper's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FPAY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FPAY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FPAY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FPAY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FPAY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard House (55yo)
Mr. Richard R. House, Jr. has been Chief Executive Officer of FlexShopper, Inc. since October 7, 2019. Mr. House served as the President of Atlanticus Holdings Corporation (Formerly, CompuCredit Corp.) fro ...
|Chief Financial Officer||4.25yrs||US$347.55k||3.57% $969.1k|
|Chief Risk Officer||4.08yrs||US$317.55k||0.73% $199.1k|
|Chief Executive Officer||0.42yr||no data||0.48% $131.3k|
Experienced Management: FPAY's management team is considered experienced (4.3 years average tenure).
|Independent Director||5.33yrs||US$49.21k||1.34% $364.5k|
|Independent Director||5.67yrs||US$49.21k||0.55% $148.6k|
|Independent Director||4.08yrs||US$50.93k||0.61% $166.4k|
|Chairman of the Board||no data||no data||8.92% $2.4m|
|Independent Director||1.33yrs||no data||no data|
Experienced Board: FPAY's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FPAY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 106.1%.
FlexShopper, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FlexShopper, Inc.
- Ticker: FPAY
- Exchange: NasdaqCM
- Founded: 2003
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: US$27.117m
- Shares outstanding: 21.35m
- Website: https://www.flexshopper.com
Number of Employees
- FlexShopper, Inc.
- 901 Yamato Road
- Suite 260
- Boca Raton
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FPAY||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Dec 2007|
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, consumer electronics, computers, appliances, household accessories, and various other durable goods to consumers on a LTO basis to consumers of third-party retailers and e-tailers. It offers products through FlexShopper.com, an LTO e-commerce marketplace; e-commerce sites and in-store terminals by utilizing FlexShopper’s patented LTO payment method; and facilitation of LTO transactions with retailers. The company was formerly known as Anchor Funding Services, Inc. and changed its name to FlexShopper, Inc. in October 2013. FlexShopper, Inc. was founded in 2003 and is based in Boca Raton, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:10|
|End of Day Share Price||2020/03/31 00:00|
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.