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FlexShopper (FlexShopper) Enterprise Value : $156.4 Mil (As of May. 06, 2024)


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What is FlexShopper Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FlexShopper's Enterprise Value is $156.4 Mil. FlexShopper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $14.8 Mil. Therefore, FlexShopper's EV-to-EBIT ratio for today is 10.54.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FlexShopper's Enterprise Value is $156.4 Mil. FlexShopper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $114.0 Mil. Therefore, FlexShopper's EV-to-EBITDA ratio for today is 1.37.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FlexShopper's Enterprise Value is $156.4 Mil. FlexShopper's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $117.0 Mil. Therefore, FlexShopper's EV-to-Revenue ratio for today is 1.34.


FlexShopper Enterprise Value Historical Data

The historical data trend for FlexShopper's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FlexShopper Enterprise Value Chart

FlexShopper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.73 115.14 125.02 134.61 170.01

FlexShopper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.61 129.28 148.41 148.06 170.01

Competitive Comparison of FlexShopper's Enterprise Value

For the Rental & Leasing Services subindustry, FlexShopper's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FlexShopper's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FlexShopper's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FlexShopper's Enterprise Value falls into.



FlexShopper Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

FlexShopper's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

FlexShopper's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FlexShopper  (NAS:FPAY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

FlexShopper's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=156.411/14.834
=10.54

FlexShopper's current Enterprise Value is $156.4 Mil.
FlexShopper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

FlexShopper's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=156.411/114.016
=1.37

FlexShopper's current Enterprise Value is $156.4 Mil.
FlexShopper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

FlexShopper's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=156.411/116.975
=1.34

FlexShopper's current Enterprise Value is $156.4 Mil.
FlexShopper's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $117.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FlexShopper Enterprise Value Related Terms

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FlexShopper (FlexShopper) Business Description

Traded in Other Exchanges
Address
901 Yamato Road, Suite 260, Boca Raton, FL, USA, 33431
FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.
Executives
Howard Dvorkin director, 10 percent owner 6360 NW 5 WAY, FORT LAUDERDALE FL 33309
John Davis officer: COO 2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381
House Richard R Jr officer: Chief Executive Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY SUITE 300, ATLANTA GA 30328
Thomas O. Katz director C/O FLEXSHOPPER, INC., 901 YAMATO ROAD, SUITE 260, BOCA RATON FL 33431
James Douglas Allen director 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Brad Mitchell Bernstein director, 10 percent owner, officer: President C/O ANCHOR FUNDING SERVICES, INC., 10801 JOHNSTON ROAD SUITE 210, CHARLOTTE NC 28226
T Scott King director 4100 HOLIDAY ST NW, CANTON OH 44718
Sean Hinze director 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Carl Pradelli director C/O DUANE READE INC, 440 9TH AVE, NEW YORK NY 10001
Ravi Radhakrishnan officer: Chief Risk Officer 2700 N. MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431
Waterfall Asset Management, Llc 10 percent owner 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Heiser Harold Russell Jr. officer: CFO 2700 NORTH MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431
Katherine Verner director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Daniel Ballen director 650 NEWPORT CENTER DRIVE C/O PIMCO, NEWPORT BEACH CA 92660
Pimco Bravo Fund Ii, L.p. 10 percent owner 840 NEWPORT CENTER DRIVE, SUITE 100, NEWPORT BEACH CA 92660