FlexShopper Announces Record Initial Holiday Season Results
FlexShopper, Inc. (FPAY)
NASDAQ:AMEX Investor Relations:
investors.flexshopper.com
Company Research
Source: GlobeNewswire
Robust October and November 2024 results driven by the continued success of FlexShopper’s direct-to-consumer and business-to-business growth strategies Based on strong October and November 2024 performance, management expects the fourth quarter of 2024 to exceed financial results for the fourth quarter of 2023 BOCA RATON, Fla., Dec. 23, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced record initial holiday season financial results, as the Company benefits from the continued success of its direct-to-consumer (DTC) and business-to-business (B2B) growth strategies. For the first two months of the 2024 fourth quarter, compared to the same two-month period in 2023, lease gross revenue increased 15%, and lease net revenue increased over 25%, as bad debt expense, as a percent of gross revenue declined by 600 basis points. As a result, lease gross profit increased 51% for the first
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FPAY
News
- FlexShopper Expands Lease-to-Own Solutions at Jiffy Lube and Meineke Car Care CentersGlobeNewswire
- FlexShopper, Inc. (NASDAQ: FPAY) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $2.50 price target on the stock.MarketBeat
- FlexShopper Announces Record Initial Holiday Season Results [Yahoo! Finance]Yahoo! Finance
- FlexShopper announces extension of the expiration of rights offering [Seeking Alpha]Seeking Alpha
- FlexShopper Announces First Come First Serve Extension of Rights OfferingGlobeNewswire
FPAY
Earnings
- 11/14/24 - Miss
FPAY
Sec Filings
- 12/30/24 - Form 4
- 12/30/24 - Form 4
- 12/20/24 - Form 8-K
- FPAY's page on the SEC website