FlexShopper
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. FlexShopper's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $116,975,007. Profit margin reached -4%. Total operating expenses were $90,785,561.
Profit Margin
| 2013 | 1.97M | -693.68K | -35.07% |
|---|---|---|---|
| 2014 | 5.01M | -3.73M | -74.39% |
| 2015 | 20.68M | -8.79M | -42.51% |
| 2016 | 47.57M | -12.25M | -25.75% |
| 2018 | 84.72M | -9.46M | -11.17% |
| 2019 | 88.78M | 577.41K | 0.65% |
| 2020 | 102.08M | -339.89K | -0.33% |
| 2021 | 125.42M | 3.27M | 2.61% |
| 2022 | 113.05M | 13.63M | 12.06% |
| 2023 | 116.97M | -4.23M | -3.62% |
FPAY Income Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 116.97M | 113.05M | 125.42M | 102.08M | 88.78M | 84.72M | 47.57M | 20.68M | 5.01M | 1.97M |
Cost of revenue | 12.49M | 3.38M | 79.17M | 66.73M | 60.22M | 42.06M | 23.42M | 11.06M | 3.33M | 0 |
Gross profit | 104.47M | 109.67M | 46.24M | 35.35M | 28.56M | 42.66M | 24.15M | 9.61M | 1.68M | 1.97M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 105.57K | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 7.62M | 11.03M | 9.12M | 5.88M | 3.64M | 7.04M | 10.19M | 4.39M | 885.01K | 0 |
Total operating expenses | 90.78M | 115.97M | 38.88M | 30.72M | 23.46M | 46.52M | 34.48M | 18.10M | 6.55M | -2.60M |
Operating income | 13.69M | -6.30M | 7.36M | 4.62M | 5.10M | -5.17M | -10.32M | -8.49M | -4.87M | -693.68K |
Other income (expenses), net | -18.91M | 3.29M | -3.30M | -4.30M | -4.31M | -126.62K | -1.92M | -994.11K | -7.08K | 0 |
Income before tax | -5.22M | -3.00M | 4.05M | 323.15K | 793.81K | -9.46M | -12.25M | -8.99M | -4.87M | -693.68K |
Income tax expense | -989.80K | -16.63M | 785.31K | 663.05K | 216.4K | -126.62K | 0 | -78.38K | -458.04K | 385.91K |
Net income | -4.23M | 13.63M | 3.27M | -339.89K | 577.41K | -9.46M | -12.25M | -8.79M | -3.73M | -693.68K |
Earnings per share | ||||||||||
Basic EPS | -0.51 | 0.63 | 0.15 | -0.01 | -0.11 | -1.1 | -2.33 | -1.69 | -1.07 | -0.33 |
Diluted EPS | -0.51 | 0.61 | 0.14 | -0.01 | -0.11 | -1.1 | -2.32 | -1.69 | -1.07 | -0.33 |
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