FPAY
Income statement / Annual
Last year (2023), FlexShopper, Inc.'s total revenue was $116.98 M,
an increase of 3.47% from the previous year.
In 2023, FlexShopper, Inc.'s net income was -$4.23 M.
See FlexShopper, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$116.98 M |
$113.06 M |
$125.43 M |
$102.08 M |
$88.79 M |
$84.73 M |
$67.05 M |
$47.58 M |
$20.68 M |
$5.01 M |
| Cost of Revenue |
$12.50 M
|
$3.38 M
|
$79.18 M
|
$66.73 M
|
$60.22 M
|
$42.06 M
|
$32.45 M
|
$23.42 M
|
$11.07 M
|
$3.33 M
|
| Gross Profit |
$104.48 M
|
$109.67 M
|
$46.25 M
|
$35.35 M
|
$28.57 M
|
$42.67 M
|
$34.59 M
|
$24.16 M
|
$9.61 M
|
$1.68 M
|
| Gross Profit Ratio |
0.89
|
0.97
|
0.37
|
0.35
|
0.32
|
0.5
|
0.52
|
0.51
|
0.46
|
0.34
|
| Research and Development Expenses |
$0.00
|
-$0.03
|
$0.03
|
$0.00
|
$105,575.00
|
-$0.15
|
-$0.12
|
-$0.26
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$12.50 M
|
$10.99 M
|
$11.49 M
|
$10.44 M
|
$8.47 M
|
$11.14 M
|
$7.86 M
|
$5.95 M
|
$15.33 M
|
$8.51 M
|
| Selling & Marketing Expenses |
$7.62 M
|
$11.03 M
|
$9.13 M
|
$5.88 M
|
$3.65 M
|
$7.05 M
|
$6.09 M
|
$10.19 M
|
$4.39 M
|
$885,012.00
|
| Selling, General & Administrative Expenses |
$20.12 M
|
$22.02 M
|
$20.62 M
|
$16.32 M
|
$12.12 M
|
$18.19 M
|
$13.96 M
|
$16.14 M
|
$19.72 M
|
$8.51 M
|
| Other Expenses |
$70.67 M
|
$93.95 M
|
$18.27 M
|
$14.40 M
|
$11.35 M
|
$28.34 M
|
$23.54 M
|
$18.35 M
|
-$1.62 M
|
-$1.95 M
|
| Operating Expenses |
$90.79 M
|
$115.98 M
|
$38.88 M
|
$30.73 M
|
$23.46 M
|
$46.53 M
|
$40.76 M
|
$34.49 M
|
$18.10 M
|
$6.56 M
|
| Cost And Expenses |
$103.28 M
|
$119.36 M
|
$118.06 M
|
$97.46 M
|
$83.69 M
|
$88.59 M
|
$73.21 M
|
$57.91 M
|
$29.17 M
|
$9.89 M
|
| Interest Income |
$0.00
|
$14.55 M
|
$5.75 M
|
$4.30 M
|
$4.31 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$18.91 M
|
$11.16 M
|
$5.24 M
|
$4.30 M
|
$4.31 M
|
$0.00
|
$0.00
|
$0.00
|
$506,406.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$117.44 M
|
$115.59 M
|
$127.51 M
|
$88.00 M
|
$70.82 M
|
$75.38 M
|
$59.83 M
|
$10.33 M
|
$2.33 M
|
| EBITDA |
$13.69 M |
$71.02 M |
$90.84 M |
$4.63 M |
$5.10 M |
$37.87 M |
$27.38 M |
$13.97 M |
$3.82 M |
-$4.42 M |
| EBITDA Ratio |
0.12
|
0.63
|
0.67
|
0.67
|
0.74
|
0.45
|
0.41
|
0.29
|
0.09
|
-0.51
|
| Operating Income Ratio |
0.12
|
-0.06
|
0.06
|
0.05
|
0.06
|
-0.06
|
-0.09
|
-0.22
|
-0.41
|
-0.97
|
| Total Other Income/Expenses Net |
-$18.91 M
|
$3.30 M
|
-$3.31 M
|
-$4.30 M
|
-$4.31 M
|
-$4.28 M
|
-$2.17 M
|
-$1.93 M
|
-$994,115.00
|
-$7,083.00
|
| Income Before Tax |
-$5.22 M
|
-$3.00 M
|
$4.06 M
|
$323,154.00
|
$793,815.00
|
-$9.46 M
|
-$8.33 M
|
-$12.25 M
|
-$9.00 M
|
-$4.88 M
|
| Income Before Tax Ratio |
-0.04
|
-0.03
|
0.03
|
0
|
0.01
|
-0.11
|
-0.12
|
-0.26
|
-0.44
|
-0.97
|
| Income Tax Expense |
-$989,809.00
|
-$16.64 M
|
$785,310.00
|
$663,050.00
|
$216,400.00
|
-$126,622.00
|
-$5.16 M
|
-$9.26 M
|
-$78,388.00
|
-$458,047.00
|
| Net Income |
-$4.23 M
|
$13.63 M
|
$3.27 M
|
-$339,896.00
|
$577,415.00
|
-$9.46 M
|
-$8.33 M
|
-$12.25 M
|
-$8.79 M
|
-$3.73 M
|
| Net Income Ratio |
-0.04
|
0.12
|
0.03
|
-0
|
0.01
|
-0.11
|
-0.12
|
-0.26
|
-0.43
|
-0.74
|
| EPS |
-0.35 |
0.63 |
0.15 |
-0.0162 |
-0.11 |
-1.1 |
-1.57 |
-2.33 |
-1.69 |
-1.07 |
| EPS Diluted |
-0.35 |
0.61 |
0.14 |
-0.0162 |
-0.11 |
-1.1 |
-1.57 |
-2.32 |
-1.69 |
-1.07 |
| Weighted Average Shares Out |
$23.96 M
|
$21.65 M
|
$21.39 M
|
$21.00 M
|
$17.67 M
|
$8.57 M
|
$5.29 M
|
$5.25 M
|
$5.21 M
|
$3.50 M
|
| Weighted Average Shares Out Diluted |
$23.96 M
|
$22.43 M
|
$23.23 M
|
$21.00 M
|
$17.67 M
|
$8.57 M
|
$5.29 M
|
$5.29 M
|
$5.21 M
|
$3.50 M
|
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