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FPAY| Name | Value |
|---|---|
| Revenues | 24.5M |
| Cost of Revenue | 16.1M |
| Gross Profit | 8.4M |
| Operating Expense | 10.0M |
| Operating I/L | -2.0M |
| Other Income/Expense | -4.6M |
| Interest Income | 6.2M |
| Pretax | -6.6M |
| Income Tax Expense | -1.3M |
| Net Income/Loss | -5.3M |
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.
