Name | Value |
---|---|
Revenues | 35.5M |
Cost of Revenue | -49.3M |
Gross Profit | 84.8M |
Operating Expense | 24.3M |
Operating I/L | 5.8M |
Other Income/Expense | 0.0M |
Interest Income | 0.0M |
Pretax | -0.1M |
Income Tax Expense | 0.6M |
Net Income/Loss | -1.9M |
FlexShopper, Inc. is a financial technology company that operates an e-commerce marketplace offering lease-to-own (LTO) options for durable goods such as consumer electronics, home appliances, computers, smartphones, tires, and furniture. Customers can shop for a variety of products on a lease-to-own basis, allowing them to access durable goods through flexible payment plans. The company generates revenue by facilitating lease-to-own transactions and providing access to a wide range of products for consumers seeking alternative purchasing options.