secwatch.observer — SEC 8-K summary
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Issuer:     FlexShopper, Inc. (—)
CIK:        0001397047
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001213900-24-042290
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397047/000121390024042290/0001213900-24-042290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397047/000121390024042290/ea0205827-8k_flex.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-042290

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer