FlexShopper (FPAYQ) AI Stock Analysis

• Market Cap: $21.00
• Dividend Yield: N/A
• Average Volume (3M): 993.30K
• Price to Earnings (P/E): ―
• Beta (1Y): -16.25
• Revenue Growth: 19.51%
• EPS Growth: 29.43%
• Country: US
• Employees: 204
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): N/A
• Shares Outstanding: 21,461,489
• 10 Day Avg. Volume: 1,040,120
• 30 Day Avg. Volume: 993,303
• PEG Ratio: 5.53
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -0.85
• Enterprise Value/Market Cap: 9.04M
• Enterprise Value/Revenue: 1.36
• Enterprise Value/Gross Profit: 1.39
• Enterprise Value/Ebitda: 4.73
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: <$0.01 ▼(-10.00% Downside)

FlexShopper's overall stock score is driven by significant financial and operational challenges. The company's high leverage, negative cash flow, and recent negative corporate events, including leadership instability and regulatory issues, weigh heavily on its prospects. The lack of technical data and unattractive valuation further contribute to a low score.

FlexShopper Business Overview & Revenue Model

Company Description

FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories. It also provides payment options to consumers. The company offers its products under the LG, Samsung, Sony, TCL, Frigidaire, General Electric, Whirlpool, Apple, Asus, Dell, Hewlett Packard, Toshiba, Resident, Sealy, and Ashley brands. 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 headquartered in Boca Raton, Florida. On December 22, 2025, FlexShopper, Inc. along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

How the Company Makes Money

FlexShopper generates revenue primarily through fees associated with its lease-to-own agreements. The company charges consumers a lease payment that includes a markup over the cost of the product, which may consist of an initial payment, monthly payments, and potential fees for late payments or missed payments. Additionally, FlexShopper earns revenue from partnerships with retailers who pay a commission for each lease agreement originated through their platform. These partnerships expand FlexShopper's market reach and allow participating retailers to attract customers who may not qualify for traditional credit options. Furthermore, the company may also generate income through ancillary services or products related to its core leasing business.

FlexShopper Financial Statement Overview

Summary

FlexShopper shows positive revenue growth, but persistent net losses and high leverage present significant challenges. The company needs to enhance its operational efficiency and manage its debt levels to improve financial stability. Cash flow management is critical, as current operations are not generating positive cash flow, raising concerns about long-term sustainability without external financing.

Income Statement

FlexShopper's revenue growth is positive, with a notable increase from $116.98M in 2023 to $139.80M in 2024. However, the company is struggling with profitability, as indicated by negative net profit margins and consistent net losses, with a net income of -$179K in 2024. The gross profit margin remains high, showcasing efficient cost management, but the EBIT and EBITDA margins reflect operational challenges.

Balance Sheet

The company has a high debt-to-equity ratio, reflecting significant leverage which could pose financial risks. Stockholders' equity has been increasing, which is a positive sign, yet the equity ratio remains low. The company's assets have grown, supporting future operational capabilities, but the high level of liabilities relative to equity needs careful management.

Cash Flow

FlexShopper is experiencing negative free cash flow, which has worsened from 2023 to 2024. Operating cash flow is negative, indicating challenges in generating cash from operations. The financing cash flow is positive, suggesting reliance on external funding to support operations, which is a potential risk if not managed properly.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	139.80M	116.98M	113.06M	125.43M	102.08M
Gross Profit	136.42M	104.48M	109.67M	46.25M	35.35M
EBITDA	32.39M	16.61M	383.40K	12.71M	72.05M
Net Income	-179.27K	-4.23M	13.63M	3.27M	-339.90K
Balance Sheet
Total Assets	209.51M	156.49M	148.29M	84.81M	68.25M
Cash, Cash Equivalents and Short-Term Investments	10.40M	4.41M	6.05M	4.99M	8.54M
Total Debt	163.34M	115.57M	97.74M	56.81M	45.98M
Total Liabilities	176.36M	127.26M	117.25M	68.67M	57.10M
Stockholders Equity	33.15M	29.23M	31.03M	16.14M	11.15M
Cash Flow
Free Cash Flow	-43.45M	-13.00M	-37.74M	-16.21M	-8.31M
Operating Cash Flow	-34.95M	-6.66M	-31.24M	-11.26M	-5.21M
Investing Cash Flow	-9.15M	-7.56M	-5.20M	-4.95M	-3.10M
Financing Cash Flow	50.09M	12.47M	37.52M	12.76M	9.98M

FlexShopper Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRG	68 Neutral	$1.30B	8.35	24.56%	1.72%	3.71%	9.14%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MPU	55 Neutral	$56.40M	-1.88	-62.46%	―	19.87%	-111.99%
VSTS	55 Neutral	$890.66M	-20.71	-4.55%	2.09%	-2.53%	-291.35%
CTOS	50 Neutral	$1.45B	-56.82	-3.00%	―	7.39%	34.57%
ALTG	48 Neutral	$213.40M	-2.64	-160.65%	4.88%	-3.95%	-47.70%
FPAYQ	38 Underperform	$21.00	-0.05	―	―	19.51%	29.43%