FlexShopper

FlexShopper, In. operates as a holding and financial technology company, which enables consumers utilizing its e-commerce marketplace to shop for brand name electronics, home furnishings, and other durable goods on a lease-to-own basis. Its products include cell phones, televisions, cameras and camcorders, video games, computers and laptops, furniture, smartwatches, matresses, Apple, and Tires. The company was founded by George F. Rubin, Morry F. Rubin, and Brad Mitchell Bernstein on August 16, 2006 and is headquartered in Boca Raton, FL.

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FlexShopper reports robust Q3 earnings, eyes growth through strategic partnerships

FlexShopper's Q3 performance reflects strong revenue and profit growth, driven by strategic initiatives and market partnerships.
While facing challenges such as legal disputes and financial restructuring, the company is well-positioned to capitalize on growth opportunities.
By focusing on expanding financing options, improving asset quality, and optimizing retail strategies, FlexShopper aims for sustained success and market leadership.

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FlexShopper, Inc. is a financial technology company, which engages in the provision of electronics, home furnishings, and other durable goods to underserved consumers on a lease-to-own (LTO) basis through its patented e-commerce marketplace. The firm is also involved in providing LTO and loan technology platforms to a growing number of retailers and e-retailers to facilitate transactions with consumers without access to traditional financing. The company was founded by George F. Rubin, Morry F. Rubin, and Brad Mitchell Bernstein on August 16, 2006 and is headquartered in Boca Raton, FL.

FlexShopper, Inc. (FPAY) CEO Rich House on Q2 2021 Results - Earnings Call Transcript

FlexShopper Inc. (FPAY) delivered earnings and revenue surprises of -187.50% and -17.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

FlexShopper Inc. (FPAY) Reports Q2 Loss, Lags Revenue Estimates

Q2 2021 Net Revenues Up 25.1% to $30.7 million; Diluted EPS of $0.01

FlexShopper, Inc. Reports Second Quarter 2021 Financial Results

FlexShopper Inc. (FPAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FlexShopper Inc. (FPAY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Conference Call Scheduled for Tuesday, August 10, 2021 at 9:00 a.m. ET Conference Call Scheduled for Tuesday, August 10, 2021 at 9:00 a.m. ET

FlexShopper Inc. Schedules 2021 Second Quarter Financial Results Conference Call

FlexShopper, Inc. (FPAY) CEO Rich House on Q1 2021 Results - Earnings Call Transcript

Q1 2021 Net Revenues Up 32.7% to $31.9 million

FlexShopper, Inc. Reports First Quarter 2021 Financial Results

Conference Call Scheduled for Tuesday, May 11, 2021 at 9:00 a.m. ET Conference Call Scheduled for Tuesday, May 11, 2021 at 9:00 a.m. ET

FlexShopper Inc. Schedules 2021 First Quarter Financial Results Conference Call

FlexShopper Inc. (FPAY) to Report Q1 Results: Wall Street Expects Earnings Growth

FlexShopper (FPAY) CEO, Rich House on Q4 2020 Results - Earnings Call Transcript

Q4 2020 Net Revenues Up 25.3% to $28.1 million

FlexShopper, Inc. Reports 2020 Fourth Quarter and Year End Financial Results

Conference Call Scheduled for Tuesday, March 9, 2021 at 9:00 a.m. ET Conference Call Scheduled for Tuesday, March 9, 2021 at 9:00 a.m. ET

FlexShopper Inc. Schedules 2020 Fourth Quarter and Full Year Financial Results Conference Call

Our worries about deteriorating credit risk due to the pandemic haven't materialized. At present, the company isn't very profitable, doesn't generate cash, and doesn't have a strong balance sheet, but the shares aren't expensive.

FlexShopper Has Come Out Unscathed

FlexShopper, Inc. (FPAY) CEO Richard House on Q3 2020 Results - Earnings Call Transcript

Shares of FlexShopper (NASDAQ:FPAY) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 150.00% over the past year to ($0.02), which missed the estimate of $0.01.

Recap: FlexShopper Q3 Earnings

BOCA RATON, Fla., Nov. 09, 2020 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2020, highlighted by sharp growth in originations in the last month of the quarter.

FlexShopper, Inc. Reports 2020 Third Quarter Financial Results; Net Revenues Up 5.0% to $23.4 million; Originations Ramped Up Into Quarter End

Conference Call Scheduled for Tuesday, November 10, 2020 at 9:00 a.m. ET Conference Call Scheduled for Tuesday, November 10, 2020 at 9:00 a.m. ET

FlexShopper Inc. Schedules 2020 Third Quarter Financial Results Conference Call

FlexShopper, Inc. (FPAY) CEO Richard House on Q2 2020 Results - Earnings Call Transcript

BOCA RATON, Fla., Aug.  10, 2020  (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended June 30, 2020, highlighted by growth in adjusted EBITDA and net revenues.

FlexShopper, Inc. Reports 2020 Second Quarter Financial Results; Net Revenues Up 15.1% to $22.9 million; Adjusted EBITDA up 12.7% to $2.0 million

On Monday, August 10, FlexShopper (NASDAQ: FPAY) will release its latest earnings report.

Earnings Preview: FlexShopper

Conference Call Scheduled for Tuesday, August 11, 2020 at 9:00 a.m. ET Conference Call Scheduled for Tuesday, August 11, 2020 at 9:00 a.m. ET

FlexShopper Inc. Schedules 2020 Second Quarter Financial Results Conference Call

The company has a great business model that produces growth and significant operational leverage during good times. In that light, the shares are really quite cheap.

Crunch Time For FlexShopper

FlexShopper, Inc. (FPAY) CEO Rich House on Q1 2020 Results - Earnings Call Transcript

FlexShopper, Inc. (FPAY) CEO Rich House on Q4 2019 Results - Earnings Call Transcript

BOCA RATON, Fla., Feb.  14, 2020  (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY, FPAYW) (the “Company,” “we” or “our”) today announced the completion and settlement of its previously announced exchange offer (the “Exchange Offer”) and consent solicitation (the “Consent Solicitation”) relating to certain of its outstanding warrants. On February 4, 2020, FlexShopper accepted all warrants validly tendered in the Exchange Offer and issued ordinary shares in exchange. In total, 5,351,290 warrants were exchanged for 3,317,812 shares at an over 95% participation rate.  Moreover, as a result of the consents received in the Consent Solicitation, FlexShopper also executed an amendment (the “Warrant Amendment”) to the agreement governing its outstanding warrants (the “Warrant Agreement”). FlexShopper also announced today that it will exchange all remaining untendered warrants for common stock on February 19, 2020 in accordance with the terms of the Warrant Agreement, as amended.  Following the mandatory conversion of the remaining outstanding warrants, the Company expects to have exchanged 5,609,900 warrants for 3,462,634 shares, resulting in 21,351,594 total shares outstanding.

News for FlexShopper Stock (FPAY)