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Stock impact report

FlexShopper, Inc. Reports 2023 Fourth Quarter and Year End Financial Results [Yahoo! Finance]

FlexShopper, Inc. (FPAY) 
NASDAQ:AMEX Investor Relations: investors.flexshopper.com
Company Research Source: Yahoo! Finance
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 EBITDA increased by $12.0 million to $8.1 million from ($3.9) million Operating income of $5.6 million compared with operating loss of $5.5 million Net loss attributable to common stockholders of $(715) thousand, or $(0.03) per diluted share, compared to net income attributable to common stockholders of $6.0 million, or $0.27 per diluted share Results for Twelve Months Ended December 31, 2023, vs. Twelve Months Ended December 31, 2022: Total fundings increased 7.7% to $120.4 million from $111.8 million Total net lease a Show less Read more
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