FlexShopper ( (FPAY) ) has released a notification of late filing.
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FlexShopper, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for this delay is due to challenges in finalizing the assessment of accounts receivable and revenue recognition related to leases, which are compounded by the high volume of transactions and the significant judgment required under ASC Topic 842. The company has not specified an exact timeline for the delayed filing but is working to resolve these issues promptly. FlexShopper does not anticipate any significant changes in its financial results for the period. The notification was signed by H. Russell Heiser Jr., the Chief Executive Officer, who assured ongoing compliance efforts.
The most recent analyst rating on (FPAY) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on FlexShopper stock, see the FPAY Stock Forecast page.
Spark’s Take on FPAY Stock
According to Spark, TipRanks’ AI Analyst, FPAY is a Neutral.
FlexShopper’s overall stock score of 51 reflects a balance of positive revenue growth and concerns about financial stability due to high leverage and negative cash flows. The earnings call highlights strong strategic progress, yet the negative P/E ratio and absence of dividends weigh on valuation. Technical indicators provide a mixed outlook, suggesting caution with a slight bullish trend in the short term.
To see Spark’s full report on FPAY stock, click here.
More about FlexShopper
Average Trading Volume: 65,072
Technical Sentiment Signal: Sell
Current Market Cap: $29.19M
For detailed information about FPAY stock, go to TipRanks’ Stock Analysis page.