Company FlexShopper, Inc.

Equities

FPAY

US33939J3032

Internet Services

Market Closed - Nasdaq 21:00:00 28/06/2024 BST 5-day change 1st Jan Change
1.28 USD +3.23% Intraday chart for FlexShopper, Inc. +2.40% -23.35%

Business Summary

FlexShopper, Inc. is a financial technology company that provides payment options to consumers. The Company provides a variety of funding options via lease-purchase solutions and loans. It has several channels, which generate payment options for customers. The Company enables consumers to use 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 an 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 Company's primary sales channels include business-to-consumer and business-to- business channels. It offers a range of brands, such as Samsung, Sony and TCL home electronics; Frigidaire, General Electric, Samsung and Whirlpool appliances, and others.

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 30/11/15
Chief Operating Officer 55 31/10/20

Members of the board

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

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 21,952 0 0 55.99 %
Stock B 1 21,921,751 12,368,321 ( 56.42 %) 169,447 ( 0.7730 %)
Stock C 0 170,332 0 0

Shareholders

NameEquities%Valuation
Pita Holdings LLC
30.25 %
6,580,346 30.25 % 7 M $
1,750,621 8.048 % 2 M $
Waterfall Asset Management LLC
7.491 %
1,629,547 7.491 % 2 M $
Perkins Capital Management, Inc.
5.066 %
1,101,943 5.066 % 1 M $
772,571 3.552 % 849 828 $
Vanguard Global Advisers LLC
2.946 %
640,870 2.946 % 704 957 $
312,000 1.434 % 343 200 $
Benchmark Financial Wealth Advisors LLC
1.030 %
223,978 1.030 % 246 376 $
Renaissance Technologies LLC
0.7803 %
169,743 0.7803 % 186 717 $
James Allen
0.6896 %
150,000 0.6896 % 165 000 $
NameEquities%Valuation
Pacific Investment Management Co. LLC
100.00 %
20,000 100.00 % 22 000 $

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
1.28 USD
Average target price
2.833 USD
Spread / Average Target
+121.35%
Consensus
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