FPAY - Earnings announcements

Strategic transformation produced record quarterly total revenue of $38.6 million, with earnings increasing to $0.05 per diluted share for the third quarter of 2024 Adjusted EBITDA increased 45% year-over-year to a quarterly record of $12.2 million BOCA RATON, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended September 30, 2024. Russ Heiser, Jr, Chief Executive Officer, stated, "2024 is shaping up to be a transformative year for FlexShopper as the strategies we

BOCA RATON, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, announced today that it intends to release its financial results for its third quarter ended September 30, 2024, after the market closes on Wednesday, November 13, 2024. The Company intends to hold a conference call to discuss those results the next day, November 14, at 8:30 a.m. Eastern Time. Conference Call and Webcast Details Conference Call Information:Date: November 14, 2024Time: 8:30 a.m. Eastern TimeToll Free Dial In: (877) 407-2988International Dial In: (201) 389-0923Co

BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended June 30, 2024. Russ Heiser, Jr, Chief Executive Officer, stated, "Our second-quarter and year-to-date results are encouraging as the long-term growth strategies we are pursuing begin to take hold. Over the past two quarters we have focused on providing greater payment solutions to more customers, expanding retail revenue, and leveraging our established platform to provide expanded payment options to more retail partners

BOCA RATON, Fla., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, announced today that it intends to release its financial results for its second quarter ended June 30, 2024, after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the next day, August 7 at 8:30 a.m. Eastern Time. Conference Call and Webcast Details Conference Call Information:Date: August 7, 2024Time: 8:30 a.m. Eastern TimeToll Free Dial In: (800) 715-9871International Dial In: (646) 307-1963Conference ID: 754

BOCA RATON, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended March 31, 2024. Results for Quarter Ended March 31, 2024, vs. Quarter Ended March 31, 2023: Total fundings decreased 1.1% to $26.0 million from $26.3 millionTotal revenues increased 10.1% to $33.9 million from $30.8 millionGross profit increased 30.9% to $17.8 million from $13.6 millionAdjusted EBITDA1 increased by $1.2 million to $7.6 million from $6.4 millionOperating income increased 19.0% to $5.0 million from $4.2 m

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended December 31, 2023. Results for Quarter Ended December 31, 2023, vs. Quarter Ended December 31, 2022: Total fundings increased 12.0% to $35.4 million from $31.6 million   Total net lease and loan revenues and fees increased 40.9% to $30.3 million from $21.5 million   Gross profit increased 315.8% to $15.8 million from $3.8 million   Adjusted EBITDA1 increased by $12.0 million to $8.1 million from ($3.9) million   O

BOCA RATON, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, announced today that it intends to release its financial results for its fourth quarter and year end ended December 31, 2023, after the market closes on Monday, April 1, 2024. The Company intends to hold a conference call to discuss those results the next day, April 2 at 8:30 a.m. Eastern Time. Conference Call Details Date:Tuesday, April 2, 2024Time:8:30 a.m. Eastern Time  Participant Dial-In Numbers:Domestic callers:877-407-2988International callers:201-389-0923 Access by Webc

BOCA RATON, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended September 30, 2023. Results for Quarter Ended September 30, 2023, vs. Quarter Ended September 30, 2022: Total fundings increased 10.7% to $28.9 million from $26.1 million consisting of gross lease originations decreasing 10.8% from $15.7 to $14.0 million, loan participations decreasing 99.3% from $10.4 million to $77 thousand, and loan originations increasing from $0 to $14.8 million  Total net lease and loan revenues

BOCA RATON, Fla., Nov. 10, 2023 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, announced today that it intends to release its financial results for its third quarter ended September 30, 2023, after the market closes on Tuesday, November 14, 2023. The Company intends to hold a conference call to discuss those results the next day, November 15 at 8:00 a.m. Eastern Time. Conference Call Details Date:Wednesday, November 15, 2023Time: 8:00 a.m. Eastern Time  Participant Dial-In Numbers: Domestic callers:877-407-2988International callers:  201-389-0923   Access b

BOCA RATON, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended June 30, 2023. Results for Quarter Ended June 30, 2023 vs. Quarter Ended June 30, 2022: Total fundings decreased 11.0% to $27.5 million from $30.9 million consisting of gross lease originations decreasing 32.7% from $19.9 to $13.4 million, loan participations decreasing 99.1% from $11.0 million to $0.1 million, and loan originations increasing from $0 to $14.0 millionTotal net lease and loan revenues and fees decreased

BOCA RATON, Fla., May 11, 2023 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended March 31, 2023. Results for Quarter Ended March 31, 2023 vs. Quarter Ended March 31, 2022:  ●Total fundings increased 29.2% to $27.4 million from $21.2 million consisting of gross lease originations decreasing from $16.3 to $13.2 million, loan participations decreased ~96.2% from $4.9 million to $0.2 million, and loan originations increasing from $0 to $14.0 million    ●Total net lease and loan revenues and fees incre

BOCA RATON, Fla., April 24, 2023 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter and fiscal year ended December 31, 2022. Results for Quarter Ended December 31, 2022 vs. Quarter Ended December 31, 2021: Total fundings increased 11.3% to $33.1 million from $29.7 million consisting of gross lease originations decreasing from $26.9 to $23.2 million, loan participations increasing ~52.5% from $2.9 million to $4.4 million, and loan originations increasing from $0 to $5.5 millionTotal net lease and loan reven

BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own retailer and financing solutions provider, today announced the purchase of certain assets of Revolution Financial Inc. and six affiliated entities.  This purchase provides FlexShopper with 22 physical store locations, 78 virtual locations located within Liberty Tax stores and related digital assets in which FlexShopper will make available consumer financing solutions. This purchase is also the initial foray into a nationwide expansion of direct to consumer brick- and- mortar locations. "This acquisition provides a head start on the operational cap

BOCA RATON, Fla., Nov. 10, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2022. Results for Quarter Ended September 30, 2022 vs. Quarter Ended September 30, 2021: Total fundings increased 60.1% to $25.8 million from $16.1 million consisting of gross lease originations decreasing from $15.9 to $15.7 million and loan participations up ~4,350% from $226 thousand to $10.1 millionTotal net lease revenues and fees decreased 20.3% to $24.5 million from $30.7 millionTotal net loan revenues and fees increase

BOCA RATON, Fla., Nov. 09, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its third quarter ended September 30, 2022, after the market closes on Thursday, November 10, 2022. The Company intends to hold a conference call to discuss those results the next day, November 11 at 9:30 a.m. Eastern Time. Conference Call DetailsDate:Friday, November 11, 2022Time:9:30 a.m. Eastern Time  Participant Dial-In Numbers: Domestic callers:877-407-2988International callers:201-389-0923 Access by Webca

BOCA RATON, Fla., Oct. 11, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and financing solutions provider, today announced an exclusive long-term marketing relationship with Liberty Tax corporate and franchisee locations. This relationship will allow FlexShopper to offer its consumer loans in Liberty Tax locations across the United States, as well as via the Liberty Tax website and mobile applications. Liberty Tax has 2,700 locations in the United States and Canada. In addition, FlexShopper will market other financing alternatives, including lease to own and complementary financing products, in these same s

BOCA RATON, Fla., Aug. 10, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended June 30, 2022. Results for Quarter Ended June 30, 2022 vs. Quarter Ended June 30, 2021: Total fundings increased 64.5% to $32.8 million from $19.9 million consisting of gross lease originations with no change of $19.9 million and loan participations up ~16,490% from $78 thousand to $12.9 millionTotal net lease revenues and fees decreased 0.6% to $30.5 million from $30.7 millionTotal net loan revenues and fees increased 23,209% to $6.1 milli

BOCA RATON, Fla., Aug. 05, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its second quarter ended June 30, 2022 after the market closes on Wednesday, August 10, 2022. The Company intends to hold a conference call to discuss those results the next day, August 11 at 9:00 a.m. Eastern Time. Conference Call DetailsDate: Thursday, August 11, 2022Time: 9:00 a.m. Eastern Time   Participant Dial-In Numbers:Domestic callers: 877-407-2988International callers: 201-389-0923 Access by Webcast The ca

BOCA RATON, Fla., May 12, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended March 31, 2022. Results for Quarter Ended March 31, 2022 vs. Quarter Ended March 31, 2021: Total fundings increased 1% to $21.2 million from $21.0 million consisting of gross lease originations decreasing 22.0% to $16.3 million from $20.9 million and loan participations up ~5000% from $97 thousand to $4.9 millionTotal net lease revenues and fees decreased 15.2% to $27.8 million from $32.8 millionTotal net loan revenues and fees increased 3,5

BOCA RATON, Fla., May 11, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its first quarter ended March 31, 2022 after the market closes on Thursday, May 12, 2022. The Company intends to hold a conference call to discuss those results the next day, May 13 at 9:00 a.m. Eastern Time. Conference Call DetailsDate: Friday, May 13, 2022Time: 9:00 a.m. Eastern Time   Participant Dial-In Numbers:Domestic callers: 877-407-2988International callers: 201-389-0923 Access by Webcast The call will also

BOCA RATON, Fla., March 30, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter and fiscal year ended December 31, 2021, highlighted by increase in revenue and net income. Results for Quarter Ended December 31, 2021 vs. Quarter Ended December 31, 2020: Total net revenues and fees increased 10.5% to $31.1 million from $28.1 millionOriginated 51,071 gross leases, down 28.4% from 71,350; average origination value increased by 13.6% to $527Net income of $633 thousand compared with net loss of $(419) thousandNet income attributa

BOCA RATON, Fla., March 29, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its fourth quarter and year ended December 31, 2021 after the market closes on Wednesday, March 30, 2022. The Company intends to hold a conference call to discuss those results the next day, March 31 at 9:00 a.m. Eastern Time. Conference Call DetailsDate: Thursday, March 31, 2022Time: 9:00 a.m. Eastern Time   Participant Dial-In Numbers:Domestic callers:  877-407-3944International callers: 412-902-0038 Access by Web

BOCA RATON, Fla., March 28, 2022 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its fourth quarter and year ended December 31, 2021 after the market closes on Wednesday, March 30, 2022. The Company intends to hold a conference call to discuss those results the next day, March 31 at 9:00 a.m. Eastern Time. Conference Call Details Date:  Thursday, March 31, 2022Time:  9:00 a.m. Eastern Time   Participant Dial-In Numbers: Domestic callers:  877-407-3944International callers:  412-902-0038 Acc

BOCA RATON, Fla., Nov. 15, 2021 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2021, highlighted by a significant improvement in bottom-line profitability. Results for Third Quarter Ended September 30, 2021 vs. Third Quarter Ended September 30, 2020: Total net revenues and fees increased 25.6% to $30.9 million from $24.6 millionOriginated 30,407 gross leases, down 35.7% from 47,317; average origination value increased to $522 from $480Gross lease originations decreased $6.7 million, or 29.8%, to $15.9 mi

BOCA RATON, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper" or the "Company"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, announced today that it intends to release its financial results for its third quarter ended September 30, 2021 after the market closes on Monday, November 15, 2021. The Company intends to hold a conference call to discuss those results the next day, November 16th at 9:00 a.m. Eastern Time. Conference Call Details   Date: Tuesday, November 16, 2021   Time: 9:00 a.m. Eastern Time Participant Dial-In Numbers:   Domestic callers: 877-407-3944   International callers: 412-902-0038   

Q2 2021 Net Revenues Up 25.1% to $30.7 million; Diluted EPS of $0.01 Lease Merchandise, net, Up 44.3% at June 30, 2021 Compared With Prior Year BOCA RATON, Fla., Aug. 09, 2021 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended June 30, 2021, highlighted by continued growth in lease activity from repeat customers, along with new customer additions. Results for Quarter Ended June 30, 2021 vs. Quarter Ended June 30, 2020: Total net revenues and fees increased 25.1% to $30.7 million from $24.5 millio

Q1 2021 Net Revenues Up 32.7% to $31.9 million Lease Merchandise, net, Up 31.4% at March 31, 2021 Compared With Prior Year BOCA RATON, Fla., May 10, 2021 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and LTO payment solution provider, today announced its financial results for the quarter ended March 31, 2021, highlighted by continued growth in lease activity from repeat customers, along with new customer additions. Results for Quarter Ended March 31, 2021 vs. Quarter Ended March 31, 2020: Total net revenues and fees increased 31.9% to $32.7 million from $24.8 million Originated 39,299 gross leases, up 8.7%

Q4 2020 Net Revenues Up 25.3% to $28.1 million Lease Merchandise, net, Up 37.8% at December 31, 2020 Compared With Prior Year BOCA RATON, Fla., March 08, 2021 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter and fiscal year ended December 31, 2020, highlighted by continued growth in lease activity from repeat customers, along with new customer additions. Results for Quarter Ended December 31, 2020 vs. Quarter Ended December 31, 2019: ●Total net revenues and fees increased 25.3% to $28.1 million from $22.4 milli