FlexShopper Inc
NASDAQ:FPAY
Income Statement
Earnings Waterfall
FlexShopper Inc
Revenue
|
117m
USD
|
Cost of Revenue
|
-62.3m
USD
|
Gross Profit
|
54.7m
USD
|
Operating Expenses
|
-41m
USD
|
Operating Income
|
13.7m
USD
|
Other Expenses
|
-22m
USD
|
Net Income
|
-8.3m
USD
|
Income Statement
FlexShopper Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
1
+690%
|
2
+204%
|
5
+108%
|
9
+74%
|
12
+42%
|
16
+31%
|
21
+28%
|
27
+31%
|
33
+24%
|
40
+21%
|
48
+18%
|
55
+15%
|
61
+11%
|
65
+7%
|
67
+3%
|
64
-4%
|
61
-5%
|
60
-2%
|
62
+3%
|
69
+13%
|
77
+10%
|
84
+10%
|
89
+5%
|
91
+2%
|
95
+4%
|
96
+2%
|
102
+6%
|
110
+8%
|
116
+6%
|
122
+5%
|
125
+2%
|
122
-3%
|
127
+5%
|
123
-4%
|
113
-8%
|
115
+2%
|
103
-10%
|
108
+5%
|
117
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(6)
|
(7)
|
(9)
|
(17)
|
(15)
|
(18)
|
(21)
|
(37)
|
(26)
|
(29)
|
(32)
|
(52)
|
(34)
|
(35)
|
(38)
|
(42)
|
(47)
|
(53)
|
(57)
|
(60)
|
(61)
|
(64)
|
(65)
|
(67)
|
(72)
|
(75)
|
(77)
|
(79)
|
(76)
|
(76)
|
(77)
|
(76)
|
(74)
|
(71)
|
(65)
|
(62)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
+380%
|
1
+217%
|
2
+124%
|
3
+84%
|
5
+61%
|
7
+41%
|
4
-44%
|
12
+212%
|
15
+23%
|
19
+26%
|
11
-44%
|
29
+161%
|
32
+12%
|
33
+5%
|
16
-53%
|
30
+93%
|
26
-14%
|
22
-14%
|
19
-13%
|
22
+15%
|
24
+7%
|
28
+16%
|
29
+3%
|
30
+4%
|
31
+5%
|
32
+2%
|
35
+11%
|
38
+6%
|
41
+10%
|
45
+9%
|
46
+2%
|
45
-2%
|
52
+14%
|
46
-12%
|
37
-18%
|
41
+11%
|
32
-22%
|
43
+33%
|
55
+28%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1)
|
(2)
|
(3)
|
(5)
|
(7)
|
(8)
|
(11)
|
(14)
|
(13)
|
(22)
|
(26)
|
(30)
|
(21)
|
(37)
|
(39)
|
(39)
|
(22)
|
(37)
|
(33)
|
(30)
|
(25)
|
(25)
|
(25)
|
(24)
|
(24)
|
(25)
|
(26)
|
(28)
|
(31)
|
(33)
|
(34)
|
(35)
|
(39)
|
(39)
|
(43)
|
(45)
|
(44)
|
(28)
|
(26)
|
(26)
|
(41)
|
|
Selling, General & Administrative |
0
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(16)
|
(12)
|
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
(25)
|
(24)
|
(24)
|
(21)
|
(21)
|
(23)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
|
Other Operating Expenses |
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(10)
|
(13)
|
(13)
|
(22)
|
(26)
|
(26)
|
(5)
|
(25)
|
(24)
|
(25)
|
(8)
|
(22)
|
(18)
|
(13)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(14)
|
2
|
2
|
3
|
(10)
|
|
Operating Income |
(1)
N/A
|
(2)
-182%
|
(3)
-46%
|
(4)
-42%
|
(5)
-28%
|
(5)
-4%
|
(6)
-19%
|
(7)
-14%
|
(9)
-22%
|
(10)
-12%
|
(11)
-13%
|
(11)
N/A
|
(10)
+4%
|
(9)
+16%
|
(7)
+23%
|
(6)
+14%
|
(6)
-8%
|
(7)
-13%
|
(7)
+1%
|
(7)
-4%
|
(5)
+28%
|
(2)
+56%
|
(1)
+72%
|
3
N/A
|
5
+47%
|
5
-8%
|
5
+2%
|
4
-25%
|
5
+30%
|
5
+3%
|
7
+49%
|
10
+37%
|
7
-24%
|
7
-11%
|
8
+28%
|
0
-99%
|
(6)
N/A
|
14
N/A
|
7
-52%
|
17
+160%
|
14
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(11)
|
(14)
|
(16)
|
(18)
|
(19)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(1)
N/A
|
(2)
-182%
|
(3)
-46%
|
(4)
-42%
|
(5)
-28%
|
(5)
-6%
|
(6)
-20%
|
(7)
-16%
|
(9)
-24%
|
(10)
-12%
|
(12)
-16%
|
(12)
-4%
|
(12)
-1%
|
(11)
+13%
|
(9)
+18%
|
(8)
+10%
|
(8)
-6%
|
(10)
-15%
|
(10)
-4%
|
(11)
-10%
|
(10)
+13%
|
(7)
+30%
|
(5)
+25%
|
(1)
+82%
|
1
N/A
|
0
-58%
|
0
+15%
|
(1)
N/A
|
0
N/A
|
0
-10%
|
2
+807%
|
5
+96%
|
4
-14%
|
1
-80%
|
2
+90%
|
(9)
N/A
|
(3)
+65%
|
(0)
+95%
|
(9)
-6 167%
|
(1)
+93%
|
(5)
-750%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(2)
|
(1)
|
1
|
13
|
15
|
17
|
16
|
5
|
4
|
1
|
|
Income from Continuing Operations |
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(9)
|
(10)
|
(12)
|
(12)
|
(12)
|
(11)
|
(9)
|
(8)
|
(8)
|
(10)
|
(10)
|
(11)
|
(10)
|
(7)
|
(5)
|
(1)
|
1
|
0
|
0
|
(1)
|
(0)
|
(0)
|
1
|
2
|
3
|
1
|
14
|
6
|
14
|
16
|
(4)
|
3
|
(4)
|
|
Net Income (Common) |
(1)
N/A
|
(2)
-141%
|
(2)
-15%
|
(3)
-37%
|
(4)
-38%
|
(4)
-13%
|
(6)
-37%
|
(7)
-20%
|
(9)
-28%
|
(10)
-14%
|
(12)
-18%
|
(13)
-9%
|
(14)
-5%
|
(12)
+8%
|
(11)
+12%
|
(10)
+8%
|
(11)
-5%
|
(12)
-13%
|
(12)
-4%
|
(13)
-8%
|
(12)
+11%
|
(9)
+23%
|
(7)
+18%
|
(3)
+55%
|
(2)
+43%
|
(3)
-59%
|
(3)
+2%
|
(4)
-37%
|
(4)
+14%
|
(3)
+19%
|
(2)
+43%
|
(0)
+86%
|
1
N/A
|
(2)
N/A
|
12
N/A
|
4
-67%
|
10
+152%
|
12
+18%
|
(8)
N/A
|
(2)
+80%
|
(8)
-396%
|
|
EPS (Diluted) |
-0.35
N/A
|
-0.81
-131%
|
-0.52
+36%
|
-0.83
-60%
|
-1.32
-59%
|
-1.08
+18%
|
-1.09
-1%
|
-1.31
-20%
|
-1.79
-37%
|
-1.93
-8%
|
-2.27
-18%
|
-2.43
-7%
|
-2.59
-7%
|
-2.36
+9%
|
-2.06
+13%
|
-1.9
+8%
|
-2.01
-6%
|
-2.26
-12%
|
-2.3
-2%
|
-2.25
+2%
|
-1.39
+38%
|
-0.51
+63%
|
-0.42
+18%
|
-0.16
+62%
|
-0.11
+31%
|
-0.16
-45%
|
-0.15
+6%
|
-0.21
-40%
|
-0.17
+19%
|
-0.14
+18%
|
-0.08
+43%
|
-0.01
+88%
|
0.04
N/A
|
-0.07
N/A
|
0.53
N/A
|
0.16
-70%
|
0.44
+175%
|
0.53
+20%
|
-0.29
N/A
|
-0.07
+76%
|
-0.51
-629%
|