---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-042290"
form_type: "8-K"
ticker: null
cik: "0001397047"
company_name: "FlexShopper, Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:03:23.412587+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FlexShopper Q1 revenue up 10% to $33.9M, gross profit up 31%, net loss $0.06/share

## Summary
- Total revenues increased 10.1% to $33.9M; gross profit rose 30.9% to $17.8M.
- Adjusted EBITDA grew 18.4% to $7.6M from $6.4M in prior-year quarter.
- Net loss attributable to common stockholders was $1.3M ($0.06 per diluted share), flat YoY.
- Total fundings declined 1.1% to $26.0M from $26.3M.
- Core earnings rose 64.7% to a gain of $354K from $215K.

## SEC filing metadata
- accession: 0001213900-24-042290
- form_type: 8-K
- cik: 0001397047
- company_name: FlexShopper, Inc.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397047/000121390024042290/0001213900-24-042290-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397047/000121390024042290/ea0205827-8k_flex.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-042290
- JSON: https://secwatch.observer/filing/0001213900-24-042290.json
- Plain text: https://secwatch.observer/filing/0001213900-24-042290.txt

## Key facts
- Earnings Releases
  FlexShopper, Inc. reported the quarter ended March 31, 2024 results: revenue $33.9 million, net income $(1.3) million, EPS $(0.06) per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $33.9 million
  - Net income: $(1.3) million
  - EPS: $(0.06) per diluted share
  - Result: reported results
  source text: Total revenues increased 10.1% to $33.9 million from $30.8 million ● Gross profit increased 30.9% to $17.8 million from $13.6 million ● Adjusted EBITDA 1 increased by $1.2 million to $7.6 million from $6.4 million ● Operating income increased 19.0% to $5.0 million from $4.2 million ● Net loss attributable to common stockholders of $(1.3) million, or $(0.06) per diluted share, compared to net loss attributable to common stockholders of $(1.2) million, or $(0.06) per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397047/000121390024042290/0001213900-24-042290-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.