FlexShopper, Inc. (FPAY)

FlexShopper Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	111.26	91.94	105.94	124.51	102.08
Other Revenue	28.54	25.03	7.12	0.92	-
Revenue	139.8	116.98	113.06	125.43	102.08
Revenue Growth (YoY)	19.51%	3.47%	-9.86%	22.87%	14.97%
Cost of Revenue	20.36	12.5	10.99	11.49	77.17
Gross Profit	119.44	104.48	102.06	113.94	24.91
Selling, General & Admin	36.96	32.17	32.43	27.39	20.29
Operating Expenses	93.6	88.46	104.98	106.06	20.29
Operating Income	25.84	16.02	-2.92	7.87	4.63
Interest Expense	-25.2	-24.92	-14.55	-5.75	-4.3
Other Non Operating Income (Expenses)	-	3.68	-	-	-
EBT Excluding Unusual Items	0.64	-5.22	-17.46	2.13	0.32
Other Unusual Items	-	-	14.46	1.93	-
Pretax Income	0.64	-5.22	-3	4.06	0.32
Income Tax Expense	0.82	-0.99	-16.64	0.79	0.66
Earnings From Continuing Operations	-0.18	-4.23	13.63	3.27	-0.34
Net Income	-0.18	-4.23	13.63	3.27	-0.34
Preferred Dividends & Other Adjustments	4.51	4.1	3.83	2.45	3.15
Net Income to Common	-4.69	-8.34	9.8	0.82	-3.49
Net Income Growth	-	-	316.52%	-	-
Shares Outstanding (Basic)	22	22	22	21	21
Shares Outstanding (Diluted)	22	22	22	23	21
Shares Change (YoY)	-0.79%	-3.21%	-3.45%	10.63%	18.80%
EPS (Basic)	-0.22	-0.38	0.45	0.04	-0.17
EPS (Diluted)	-0.22	-0.38	0.44	0.04	-0.17
EPS Growth	-	-	1040.72%	-	-
Free Cash Flow	-41.67	-7.76	-32.49	-12.5	-5.94
Free Cash Flow Per Share	-1.94	-0.36	-1.45	-0.54	-0.28
Gross Margin	85.44%	89.31%	90.28%	90.84%	24.40%
Operating Margin	18.48%	13.69%	-2.58%	6.28%	4.53%
Profit Margin	-3.36%	-7.13%	8.67%	0.66%	-3.42%
Free Cash Flow Margin	-29.81%	-6.63%	-28.74%	-9.97%	-5.82%
EBITDA	35.45	18.94	-1.64	8.34	4.79
EBITDA Margin	25.36%	16.19%	-1.45%	6.65%	4.70%
D&A For EBITDA	9.61	2.92	1.28	0.47	0.17
EBIT	25.84	16.02	-2.92	7.87	4.63
EBIT Margin	18.48%	13.69%	-2.58%	6.28%	4.53%
Effective Tax Rate	127.92%	-	-	19.35%	205.18%
Revenue as Reported	139.8	116.98	113.06	125.43	102.08

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q