FlexShopper (FPAY)
Market Price (12/23/2025): $0 | Market Cap: $0Sector: Industrials | Industry: Trading Companies & Distributors
FlexShopper (FPAY)
Market Price (12/23/2025): $0Market Cap: $0Sector: IndustrialsIndustry: Trading Companies & Distributors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 379%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 375% | Weak multi-year price returns2Y Excs Rtn is -145%, 3Y Excs Rtn is -176% | Penny stockMkt Price is 0.0 |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 24% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 59703% | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -99% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -29% | |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Fintech & Digital Payments. Themes include Online Marketplaces, and Online Banking & Lending. | High stock price volatilityVol 12M is 277% | |
| Key risksFPAY key risks include [1] imminent Nasdaq delisting due to its failure to file required financial reports and [2] precarious financial health characterized by high debt, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 379%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 375% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 24% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -99% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Fintech & Digital Payments. Themes include Online Marketplaces, and Online Banking & Lending. |
| Weak multi-year price returns2Y Excs Rtn is -145%, 3Y Excs Rtn is -176% |
| Penny stockMkt Price is 0.0 |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 59703% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -29% |
| High stock price volatilityVol 12M is 277% |
| Key risksFPAY key risks include [1] imminent Nasdaq delisting due to its failure to file required financial reports and [2] precarious financial health characterized by high debt, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. FlexShopper 2, LLC, a subsidiary of FlexShopper, received a Notice of Events of Default on August 12, 2025, due to misrepresentations in financial statements and false information provided to its lenders. A Forbearance Agreement was subsequently entered into on August 18, 2025, as the company explored long-term financing solutions.
2. FlexShopper received multiple deficiency notifications from Nasdaq, including one on August 21, 2025, for failing to file its Q2 2025 Form 10-Q on time. This added to existing non-compliance issues regarding its 2024 Form 10-K and Q1 2025 Form 10-Q.
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Stock Movement Drivers
Fundamental Drivers
The -99.0% change in FPAY stock from 9/22/2025 to 12/22/2025 was primarily driven by a -99.0% change in the company's P/E Multiple.| 9222025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 0.73 | 0.01 | -99.04% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 134.56 | 134.56 | 0.00% |
| Net Income Margin (%) | 0.67% | 0.67% | 0.00% |
| P/E Multiple | 19.27 | 0.18 | -99.04% |
| Shares Outstanding (Mil) | 23.83 | 23.83 | 0.00% |
| Cumulative Contribution | -99.04% |
Market Drivers
9/22/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| FPAY | -99.0% | |
| Market (SPY) | 2.7% | -6.6% |
| Sector (XLI) | 2.6% | -3.5% |
Fundamental Drivers
The -99.4% change in FPAY stock from 6/23/2025 to 12/22/2025 was primarily driven by a -99.4% change in the company's P/E Multiple.| 6232025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.24 | 0.01 | -99.44% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 134.56 | 134.56 | 0.00% |
| Net Income Margin (%) | 0.67% | 0.67% | 0.00% |
| P/E Multiple | 32.72 | 0.18 | -99.44% |
| Shares Outstanding (Mil) | 23.83 | 23.83 | 0.00% |
| Cumulative Contribution | -99.44% |
Market Drivers
6/23/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| FPAY | -99.4% | |
| Market (SPY) | 14.4% | -4.4% |
| Sector (XLI) | 9.6% | -2.7% |
Fundamental Drivers
The -99.5% change in FPAY stock from 12/22/2024 to 12/22/2025 was primarily driven by a -99.5% change in the company's P/E Multiple.| 12222024 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.43 | 0.01 | -99.51% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 134.56 | 134.56 | 0.00% |
| Net Income Margin (%) | 0.67% | 0.67% | 0.00% |
| P/E Multiple | 37.73 | 0.18 | -99.51% |
| Shares Outstanding (Mil) | 23.83 | 23.83 | 0.00% |
| Cumulative Contribution | -99.51% |
Market Drivers
12/22/2024 to 12/22/2025| Return | Correlation | |
|---|---|---|
| FPAY | -99.5% | |
| Market (SPY) | 16.9% | 4.4% |
| Sector (XLI) | 19.2% | 3.7% |
Fundamental Drivers
The -99.2% change in FPAY stock from 12/23/2022 to 12/22/2025 was primarily driven by a -94.6% change in the company's P/E Multiple.| 12232022 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 0.91 | 0.01 | -99.23% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 122.74 | 134.56 | 9.63% |
| Net Income Margin (%) | 5.18% | 0.67% | -87.05% |
| P/E Multiple | 3.42 | 0.18 | -94.61% |
| Shares Outstanding (Mil) | 23.94 | 23.83 | 0.44% |
| Cumulative Contribution | -99.23% |
Market Drivers
12/23/2023 to 12/22/2025| Return | Correlation | |
|---|---|---|
| FPAY | -99.6% | |
| Market (SPY) | 47.7% | 4.4% |
| Sector (XLI) | 42.3% | 3.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FPAY Return | 2% | -9% | -61% | 81% | 2% | -100% | -100% |
| Peers Return | � | � | -67% | 96% | 11% | -15% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 113% |
Monthly Win Rates [3] | |||||||
| FPAY Win Rate | 50% | 50% | 33% | 58% | 33% | 17% | |
| Peers Win Rate | � | 42% | 32% | 55% | 45% | 48% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| FPAY Max Drawdown | -61% | -16% | -64% | -22% | -40% | -100% | |
| Peers Max Drawdown | � | � | -74% | -21% | -28% | -35% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: PRG, UPBD, KPLT, AFRM, PYPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)
How Low Can It Go
| Event | FPAY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -81.2% | -25.4% |
| % Gain to Breakeven | 433.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -67.9% | -33.9% |
| % Gain to Breakeven | 211.5% | 51.3% |
| Time to Breakeven | 281 days | 148 days |
| 2018 Correction | ||
| % Loss | -89.0% | -19.8% |
| % Gain to Breakeven | 811.4% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -91.3% | -56.8% |
| % Gain to Breakeven | 1050.0% | 131.3% |
| Time to Breakeven | 84 days | 1,480 days |
Compare to WSO, UHAL, URI, FERG, FAST
In The Past
FlexShopper's stock fell -81.2% during the 2022 Inflation Shock from a high on 2/16/2021. A -81.2% loss requires a 433.3% gain to breakeven.
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FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. It offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories. The company was formerly known as Anchor Funding Services, Inc. and changed its name to FlexShopper, Inc. in October 2013. FlexShopper, Inc. was founded in 2003 and is headquartered in Boca Raton, Florida.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe FlexShopper (FPAY):
- A lease-to-own version of Affirm or Klarna.
- An Amazon for lease-to-own products.
AI Analysis | Feedback
- Lease-to-Own Financing: FlexShopper provides consumers with the ability to lease products like electronics, furniture, and appliances with an option to purchase, catering to those seeking flexible payment solutions.
- eCommerce Marketplace: The company operates an online platform where customers can browse and select a wide range of products available through their lease-to-own program.
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FlexShopper (FPAY) Major Customers
FlexShopper primarily serves individual consumers directly through its online lease-to-own platform. The company offers a wide range of brand-name products, including electronics, furniture, appliances, and more, available via flexible weekly payment plans.
The categories of customers it serves include:
- Consumers with Limited or Non-Prime Credit: Individuals who may not qualify for traditional credit financing or prefer alternatives due to their credit history.
- Budget-Conscious Consumers Seeking Flexible Payment Options: Customers who prefer manageable weekly or monthly payment structures to avoid large upfront costs or traditional debt, allowing for better cash flow management.
- Consumers Seeking Immediate Access to Essential and Discretionary Household Goods: Individuals who need access to home furnishings, appliances, and electronics promptly but require a payment solution that accommodates their current financial situation.
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John Davis
Principal Executive Officer, President, Chief Operating Officer
Mr. Davis assumed the duties of principal executive officer for FlexShopper effective August 6, 2025, following the termination of the previous CEO and CFO. He has served as FlexShopper's Chief Operating Officer since November 2020. Previously, Mr. Davis was a consultant to the company through Woodlands Financial Advisory LLC, where he held the position of CEO. His background includes executive roles within a range of specialty finance consultancies and retailers, such as Conn's HomePlus, GFC Advisors Ltd., DFC Global Corp., MEM Consumer Finance, and CompuCredit Corp.
Matthew A. Doheny
Chief Restructuring Officer
Mr. Doheny was appointed Chief Restructuring Officer of FlexShopper on August 6, 2025, as the company engaged North Country Capital LLC for interim management and restructuring advisory services. He has been the President of North Country Capital since 2011. Mr. Doheny has extensive experience as a Chief Restructuring Officer, having served in this role for Yellow Corporation since 2021 and previously for MatlinPatterson Global Partners. His career includes involvement in various financial and operational restructurings, and he has held positions at Deutsche Bank Securities Inc., Fintech Advisory Ltd., and HSBC Securities Inc.
Brad Bernstein
Founder, President
Mr. Bernstein is the founder of FlexShopper. He previously served as the company's Chief Executive Officer until October 2019, when he transitioned to the role of President. In his capacity as President, Mr. Bernstein focuses on product development and new customer initiatives.
Howard S. Dvorkin
Chairman of the Board
Mr. Dvorkin serves as the Chairman of the Board for FlexShopper.
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The public company FlexShopper (symbol: FPAY) faces several significant risks to its business operations and financial stability:
- Imminent Nasdaq Delisting: FlexShopper is facing imminent delisting from Nasdaq due to its failure to comply with SEC filing requirements. The company did not file its 2024 annual report (Form 10-K) and its first and second-quarter 2025 financial statements (Form 10-Q) by the required deadlines. FlexShopper had a deadline of October 13, 2025, to regain compliance but does not plan to contest the delisting, which is expected to result in the halting of its stock trading and removal from the listing. Delisting would severely jeopardize the stock's liquidity and valuation.
- Precarious Financial Health and High Leverage: The company exhibits significant financial challenges, including persistent negative cash flow, ongoing losses (negative earnings per share), and high debt levels. FlexShopper's debt-to-equity ratio was 4.93 in 2024, indicating a high level of leverage. Furthermore, the company has faced a default notice related to misstated financial statements and false disclosures by a subsidiary and has been described as "teetering on the edge of insolvency," with a high probability of bankruptcy.
- Volatile Consumer Lease-to-Own Sector and Regulatory Scrutiny: FlexShopper operates in the financial technology sector, providing lease-to-own solutions for durable goods to consumers, often categorized as "underserved." This exposes the business to inherent risks associated with regulatory changes, consumer credit trends, and the overall volatility of the consumer sector. The company has also experienced leadership instability and governance red flags, further highlighting operational fragility.
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The clear emerging threat for FlexShopper (FPAY) is the rapid expansion and increasing prevalence of "Buy Now, Pay Later" (BNPL) financing services.
These services, offered by companies like Affirm, Klarna, Afterpay, and Sezzle, provide consumers with installment payment options at the point of sale. While FlexShopper primarily targets customers with subprime or no credit, BNPL providers are expanding their underwriting models and market reach. As BNPL becomes more widely adopted by merchants and offers more flexible terms, it directly competes for a segment of FlexShopper's potential customer base, particularly for durable goods that can be financed through either model. BNPL often offers a more modern and consumer-friendly perception compared to traditional lease-to-own models, potentially eroding FlexShopper's market share and differentiation over time.
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The addressable market for FlexShopper's main products and services is the U.S. lease-to-own (LTO) market. FlexShopper provides lease-to-own solutions for durable goods such as electronics, computers, furniture, and appliances, primarily serving consumers with limited credit through its online marketplace and retail partnerships. In 2023, the U.S. rent-to-own market was valued at approximately $11.95 billion. This market is projected to grow to about $18.17 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.32% from 2024 to 2029. Other estimates suggest the market was valued around $12.31 billion in 2023 and is expected to expand to approximately $19.39 billion by 2031, growing at a CAGR of about 6.77% from 2024 to 2031.AI Analysis | Feedback
FlexShopper (FPAY) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Expansion of B2B Partnerships and Retail Locations: FlexShopper is actively growing its business-to-business (B2B) channel by securing new enterprise-level partnerships and increasing its physical retail presence. The company reported a significant increase in signed retail locations, reaching approximately 7,800, which represents a nearly 250% increase from year-end 2023. This expansion allows FlexShopper to reach a broader customer base through its retail partners.
- Growth of the FlexShopper.com Marketplace and Online Retail Strategy: A core driver is the continued development and growth of its direct-to-consumer (DTC) e-commerce platform, FlexShopper.com. The company is focused on an online retail strategy that generates product margin revenue from goods sold directly on its marketplace. This includes continuously adding more SKUs and expanding product categories, such as personal luxury items, to capture a larger share of consumer spending.
- Broadening Payment Solutions and Addressable Market: FlexShopper is expanding its marketplace to offer a wider array of payment solutions beyond its traditional lease-to-own options, including unsecured loans and partnerships with additional payment solution providers. This strategy aims to serve a larger demographic of credit-challenged consumers and increase conversions of website traffic that might otherwise be lost.
- Improved Asset Quality and Underwriting: The company has implemented strategies to enhance asset quality and tighten underwriting policies. This focus has led to a significant improvement in the provision for doubtful accounts, which, while not a direct revenue driver, supports sustainable growth by reducing losses and enabling more confident expansion of lease originations.
- Strategic Marketing Investments: FlexShopper is increasing its marketing expenditures to strategically ramp up its marketing efforts. These investments are aimed at driving growth in total lease fundings and expanding retail revenue by attracting new customers to the platform.
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Share Repurchases
- In May 2023, FlexShopper's board authorized a share repurchase program for up to $2 million of common stock over an 18-month period.
- As of May 2025, approximately $700,000 has been utilized to repurchase over 525,000 shares under the authorized program.
- In October 2024, FlexShopper announced plans to redeem 91% of its Series 2 Preferred Stock at more than a 50% discount from its second-quarter 2024 liquidation preference of about $43 million.
Share Issuance
- In the fourth quarter of 2024, FlexShopper launched a share rights offering at $1.70 per share.
- The initial stage of this rights offering, which closed in January 2025, raised $9.4 million in gross proceeds from the conversion of 5.55 million units.
- A holder of subordinated debt converted $2.5 million of principal to equity as part of the rights offering.
Inbound Investments
- A new credit facility was secured, enhancing funding capacity to $150 million as of April 2024, which was further raised to $200 million in April 2025.
- The conversion of $2.5 million of subordinated debt to equity by NRNS Capital Holdings LLC, whose manager is the Chairman of FlexShopper's Board, improved the company's capital structure.
Outbound Investments
- In late 2022, FlexShopper purchased the assets of Revolution Financial, Inc., which enabled the creation of a direct origination model for consumers in 11 states.
- FlexShopper purchased $31 million in loan participations in 2022.
Capital Expenditures
- Capital expenditures were approximately $6.73 million in fiscal year 2024, $1.09 million in 2023, $1.26 million in 2022, and $1.25 million in 2021.
- FlexShopper's capital expenditures margin peaked at 4.8% in December 2024.
- The company has been investing in its leadership team, technology stack, and fraud prevention initiatives.
Latest Trefis Analyses
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|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to FPAY. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.9% | 18.9% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 6.5% | 6.5% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 3.3% | 3.3% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 6.0% | 6.0% | -0.4% |
Research & Analysis
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Peer Comparisons for FlexShopper
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.01 |
| Mkt Cap | 1.1 |
| Rev LTM | 2,983 |
| Op Inc LTM | 329 |
| FCF LTM | 218 |
| FCF 3Y Avg | 186 |
| CFO LTM | 254 |
| CFO 3Y Avg | 220 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.8% |
| Rev Chg 3Y Avg | 5.5% |
| Rev Chg Q | 15.9% |
| QoQ Delta Rev Chg LTM | 3.6% |
| Op Mgn LTM | 15.0% |
| Op Mgn 3Y Avg | 6.2% |
| QoQ Delta Op Mgn LTM | 1.2% |
| CFO/Rev LTM | 8.3% |
| CFO/Rev 3Y Avg | 7.1% |
| FCF/Rev LTM | 7.4% |
| FCF/Rev 3Y Avg | 6.3% |
Price Behavior
Price Behavior
| Market Price | $0.01 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/15/2008 | |
| Distance from 52W High | -99.7% | |
| 50 Days | 200 Days | |
| DMA Price | $0.26 | $0.95 |
| DMA Trend | down | down |
| Distance from DMA | -97.3% | -99.3% |
| 3M | 1YR | |
| Volatility | 618.0% | 289.4% |
| Downside Capture | -241.17 | 57.76 |
| Upside Capture | -2666.67 | -485.44 |
| Correlation (SPY) | -22.8% | 2.8% |
FPAY Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -3.76 | -6.35 | -5.40 | -2.73 | 0.33 | 0.30 |
| Up Beta | -4.52 | -5.36 | -7.02 | -4.07 | 1.04 | 0.50 |
| Down Beta | 5.35 | 3.15 | 2.49 | 0.68 | 1.01 | 0.82 |
| Up Capture | -547% | -609% | -425% | -197% | -57% | -6% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 4 | 11 | 18 | 38 | 84 | 319 |
| Down Capture | -475% | -151% | -158% | 158% | 109% | 83% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 2 | 16 | 30 | 66 | 137 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of FPAY With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| FPAY | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -99.6% | 17.0% | 14.7% | 67.3% | 6.8% | -0.5% | -16.6% |
| Annualized Volatility | 287.4% | 19.0% | 19.7% | 19.3% | 15.2% | 17.6% | 35.4% |
| Sharpe Ratio | -0.77 | 0.69 | 0.57 | 2.54 | 0.23 | -0.18 | -0.25 |
| Correlation With Other Assets | 3.5% | 4.3% | 13.0% | -5.6% | 1.3% | 7.5% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of FPAY With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| FPAY | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -68.9% | 14.1% | 15.0% | 18.9% | 11.8% | 5.1% | 35.8% |
| Annualized Volatility | 145.8% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | -0.16 | 0.66 | 0.71 | 0.98 | 0.51 | 0.18 | 0.63 |
| Correlation With Other Assets | 8.0% | 8.8% | 4.0% | -1.7% | 6.0% | 9.5% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of FPAY With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| FPAY | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -53.2% | 13.5% | 14.9% | 14.9% | 6.7% | 5.5% | 69.9% |
| Annualized Volatility | 120.8% | 19.9% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | -0.08 | 0.60 | 0.71 | 0.84 | 0.30 | 0.23 | 0.90 |
| Correlation With Other Assets | 11.8% | 12.9% | 3.6% | 2.7% | 10.4% | 8.3% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/28/2025 | 0.8% | 4.7% | 3.1% |
| 11/19/2024 | 6.8% | 4.3% | -1.2% |
| 8/6/2024 | 0.0% | 0.9% | 1.9% |
| 4/1/2024 | -15.1% | -4.4% | -19.1% |
| 11/14/2023 | 5.9% | 33.1% | 71.4% |
| 8/14/2023 | -17.0% | 0.0% | -9.5% |
| 4/24/2023 | 10.8% | 5.3% | 61.1% |
| 11/10/2022 | -20.3% | -20.7% | -34.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 7 |
| # Negative | 8 | 7 | 9 |
| Median Positive | 6.9% | 4.7% | 25.1% |
| Median Negative | -13.6% | -15.9% | -9.5% |
| Max Positive | 12.1% | 64.8% | 71.4% |
| Max Negative | -20.3% | -20.7% | -55.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302024 | 11192024 | 10-Q 9/30/2024 |
| 6302024 | 8062024 | 10-Q 6/30/2024 |
| 3312024 | 5132024 | 10-Q 3/31/2024 |
| 12312023 | 4012024 | 10-K 12/31/2023 |
| 9302023 | 11142023 | 10-Q 9/30/2023 |
| 6302023 | 8142023 | 10-Q 6/30/2023 |
| 3312023 | 5112023 | 10-Q 3/31/2023 |
| 12312022 | 4242023 | 10-K 12/31/2022 |
| 9302022 | 11102022 | 10-Q 9/30/2022 |
| 6302022 | 8102022 | 10-Q 6/30/2022 |
| 3312022 | 5122022 | 10-Q 3/31/2022 |
| 12312021 | 3302022 | 10-K 12/31/2021 |
| 9302021 | 11152021 | 10-Q 9/30/2021 |
| 6302021 | 8092021 | 10-Q 6/30/2021 |
| 3312021 | 5102021 | 10-Q 3/31/2021 |
| 12312020 | 3092021 | 10-K 12/31/2020 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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