FlexShopper Inc (FPAY)stock report

FlexShopper, Inc. is a holding company. The Company, through FlexShopper, LLC (FlexShopper), is engaged in the business of providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. FlexShopper and its online LTO products provide consumers the ability to acquire durable goods, including electronics, computers and furniture on a payment, lease basis. Concurrently, FlexShopper’s model provides e-tailers and retailers an opportunity to upturn their sales by utilizing FlexShopper’s online channels to connect with consumers that want to acquire products on an LTO basis. FlexShopper processes LTO transactions using its LTO Engine. The LTO Engine is FlexShopper’s technology that automates the process of consumers receiving spending limits and entering into leases for durable goods within a few minutes. FlexShopper owns two subsidiaries: FlexShopper 1, LLC and FlexShopper 2, LLC.

Finance:
Market Cap:45.8M; Shares Outstanding:17.7M; Short Interest: 7.7%; Q3 2019(9/30/19): Cash 3.17M. Loss 24.66M

EPS and Sales:
https://finance.yahoo.com/quote/FPAY/financials?p=FPAY

Date EPS % last year % last quarter
2018.12.31 -1.39 30.85% 12.58%
2019.3.31 -0.01 98.18% -99.28%
2019.6.30 -0.06 94.17% -500.00%
2019.9.30 -0.01 99.37% 83.33%

 

Date Sales % last year % last quarter
2018.12.31 84.73M 26.37% 94.92%
2019.3.31 22.73M 53.84% -73.17%
2019.6.30 43.4M 52.97% 90.94%
2019.9.30 66.33M 52.59% 52.83%

 

Insider Transactions:
http://insidercow.com/history/company.jsp?company=FPAY&B1=Search%21

Institution Ownership:
https://www.marketbeat.com/stocks/NYSE/FPAY/institutional-ownership/

2019.12.30:
Total institutions: 20,no change
Shares hold: 2292.3k shares. no change
shares% hold: 12.98%,no change

Analyst Ratings:
https://www.tipranks.com/stocks/FPAY/price-targe

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