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FlexShopper vs United RentalsFlexShopper vs Aercap Holdings N.VAFlexShopper vs Alta EquipmentFlexShopper vs Multi Ways HoldingsMFlexShopper vs Zoomcar HoldingsFlexShopper vs S&P 500 | Market

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Sep 2024

Income Metrics

Revenue 38.6M
Gross Profit 22.5M 58.31%
Operating Income 11.3M 29.33%
Net Income 2.4M 6.13%
EPS (Diluted) $0.05

Balance Sheet Metrics

Total Assets 187.3M
Total Liabilities 157.5M
Shareholders Equity 29.8M
Debt to Equity 5.28

Cash Flow Metrics

Operating Cash Flow -15.9M
Free Cash Flow -9.6M

Revenue & Profitability Trend

Quarter Income Flow i

Annual Income Flow i

FlexShopper Income Statement From 2019 to 2023

Metric 2023 2022 2021 2020 2019
Revenue i 117.0M 113.1M 125.4M 102.1M 88.8M
Cost of Goods Sold i 6.0M 3.4M 79.2M 66.7M 60.2M
Gross Profit i 111.0M 109.7M 46.2M 35.4M 28.6M
Gross Margin % i 94.9% 97.0% 36.9% 34.6% 32.2%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 20.1M 22.0M 27.5M 20.9M 14.0M
Other Operating Expenses i 24.5M 21.4M 2.7M 3.9M 3.8M
Total Operating Expenses i 44.7M 43.4M 30.2M 24.7M 17.8M
Operating Income i 10.0M -6.3M 13.2M 8.4M 8.6M
Operating Margin % i 8.6% -5.6% 10.5% 8.2% 9.7%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 18.9M 11.2M 8.6M 6.2M 6.0M
Other Non-Operating Income 3.7M 14.5M 1.9M - -
Pre-tax Income i -5.2M -3.0M 4.1M 323.2K 793.8K
Income Tax i -989.8K -16.6M 785.3K 663.0K 216.4K
Effective Tax Rate % i 0.0% 0.0% 19.4% 205.2% 27.3%
Net Income i -4.2M 13.6M 3.3M -339.9K 577.4K
Net Margin % i -3.6% 12.1% 2.6% -0.3% 0.7%
Key Metrics
EBITDA i 74.2M 71.0M 92.2M 72.1M 65.0M
EPS (Basic) i $-0.34 $0.41 $0.04 $-0.15 $-0.10
EPS (Diluted) i $-0.34 $0.40 $0.04 $-0.15 $-0.10
Basic Shares Outstanding i 23964704 23900104 23614216 23180738 19511636
Diluted Shares Outstanding i 23964704 23900104 23614216 23180738 19511636

Income Statement Trend

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FlexShopper Balance Sheet From 2019 to 2023

Metric 2023 2022 2021 2020 2019
Assets
Current Assets
Cash & Equivalents i 4.4M 6.1M 5.0M 8.5M 6.9M
Short-term Investments i - - - - -
Accounts Receivable i 44.8M 35.5M 25.5M 10.0M 8.3M
Inventory i 29.1M 31.6M 40.9M 42.8M 31.1M
Other Current Assets 3.3M 3.5M 1.8M 869.1K 672.2K
Total Current Assets i 117.4M 109.7M 76.9M 62.3M 46.9M
Non-Current Assets
Property, Plant & Equipment i 1.2M 1.4M 1.6M 1.7M 1.9M
Goodwill i 13.4M 15.2M 5.0K - -
Intangible Assets i 13.4M 15.2M 5.0K - -
Long-term Investments - - - - -
Other Non-Current Assets 15.1M 13.9M 870.1K 72.3K 78.3K
Total Non-Current Assets i 39.1M 38.6M 7.9M 6.0M 5.3M
Total Assets i 156.5M 148.3M 84.8M 68.2M 52.2M
Liabilities
Current Liabilities
Accounts Payable i 7.1M 6.5M 8.0M 7.9M 4.6M
Short-term Debt i 443.7K 1.4M 1.2M 6.2M 1.1M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 12.1M 12.2M 12.6M 17.1M 7.5M
Non-Current Liabilities
Long-term Debt i 115.1M 96.3M 55.6M 39.8M 34.7M
Deferred Tax Liabilities i - 0 495.2K 0 -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i 115.1M 105.0M 56.1M 40.0M 34.7M
Total Liabilities i 127.3M 117.3M 68.7M 57.1M 42.2M
Equity
Common Stock i 2.2K 2.2K 2.1K 2.1K 1.8K
Retained Earnings i -35.8M -31.6M -45.2M -48.5M -48.2M
Treasury Stock i 166.8K 0 - - -
Other Equity - - - - -
Total Shareholders Equity i 29.2M 31.0M 16.1M 11.2M 10.0M
Key Metrics
Total Debt i 115.6M 97.7M 56.8M 46.0M 35.8M
Working Capital i 105.3M 97.5M 64.3M 45.2M 39.3M

Balance Sheet Composition

FlexShopper Cash Flow Statement From 2019 to 2023

Metric 2023 2022 2021 2020 2019
Operating Activities
Net Income i -4.2M 13.6M 3.3M -339.9K 577.4K
Depreciation & Amortization i 64.2M 77.3M 81.5M 65.6M 58.3M
Stock-Based Compensation i 1.7M 997.8K 1.6M 1.4M 723.4K
Working Capital Changes i -97.4M -158.3M -136.7M -105.2M -97.6M
Operating Cash Flow i -49.8M -88.1M -49.7M -38.3M -35.3M
Investing Activities
Capital Expenditures i -6.3M -6.5M -4.1M -3.1M -2.2M
Acquisitions i 0 2.9M 0 - -
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i -7.6M -5.2M -4.9M -3.1M -2.2M
Financing Activities
Share Repurchases i -166.8K 0 - - -
Dividends Paid i - - - - -
Debt Issuance i 18.0M 43.5M 19.8M 16.9M 15.8M
Debt Repayment i -5.3M -5.8M -6.6M -7.0M -12.3M
Financing Cash Flow i 12.5M 37.3M 12.7M 9.8M 3.3M
Free Cash Flow i -13.0M -37.7M -15.3M -8.3M -2.7M
Net Change in Cash i -44.9M -56.0M -42.0M -31.5M -34.2M

Cash Flow Trend

FlexShopper Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 1.93
Forward P/E -2.45
Price to Book 0.76
Price to Sales 0.06
PEG Ratio 0.00

Profitability Ratios

Profit Margin -0.13%
Operating Margin 18.21%
Return on Equity -0.58%
Return on Assets 8.83%

Financial Health

Current Ratio 7.10
Debt to Equity 492.74
Beta 1.08

Per Share Data

EPS (TTM) $-0.20
Book Value per Share $0.42
Revenue per Share $6.49

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
FPAY 5.4M 1.93 0.76 -0.58% -0.13% 492.74
United Rentals 61.0B 25.19 6.94 28.24% 15.32% 167.47
Aercap Holdings N.V 22.5B 6.53 1.24 21.13% 44.04% 238.42
Alta Equipment 241.7M 49.17 - -233.43% -4.37% -132.81
Multi Ways Holdings 10.6M 1.30 0.33 -9.38% -4.67% 152.24
Zoomcar Holdings 3.3M 0.00 -0.29 101.74% -233.89% -0.39
Nippun Rana

Nippun Rana

Chasing the market trend!

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, an...

Financial data is updated regularly. All figures are in the company's reporting currency.