FlexShopper Announces Record Q4 Start With Lease Gross Revenue Up 15%, Net Revenue Up 25%, And Gross Profit Up 51% YoY; Marketing Expenses Down 40%, New Loan Originations Up 34%
FlexShopper Announces Record Q4 Start With Lease Gross Revenue Up 15%, Net Revenue Up 25%, And Gross Profit Up 51% YoY; Marketing Expenses Down 40%, New Loan Originations Up 34%
Robust October and November 2024 results driven by the continued success of FlexShopper's
direct-to-consumer and business-to-business growth strategies
2024年10月和11月的強勁業績是Flexshopper持續成功的驅動因素。
面向消費和麪向企業的增長策略。
Based on strong October and November 2024 performance, management expects the fourth quarter of 2024 to exceed financial results for the fourth quarter of 2023
基於2024年10月和11月的強勁表現，管理層預計2024年第四季度的財務業績將超過2023年第四季度的財務業績。
BOCA RATON, Fla., Dec. 23, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced record initial holiday season financial results, as the Company benefits from the continued success of its direct-to-consumer (DTC) and business-to-business (B2B) growth strategies. For the first two months of the 2024 fourth quarter, compared to the same two-month period in 2023, lease gross revenue increased 15%, and lease net revenue increased over 25%, as bad debt expense, as a percent of gross revenue declined by 600 basis points. As a result, lease gross profit increased 51% for the first two months of the 2024 fourth quarter, while lease marketing expense has declined over 40% for the same period. New loan originations increased over 34% versus the same two-month period last year.
佛羅里達州博卡拉頓，2024年12月23日（環球新聞）-- Flexshopper公司（納斯達克：FPAY），一家知名的全國在線租賃零售商和支付解決方案提供商，今天宣佈初次假日季節的財務業績創下紀錄，因爲公司受益於其面向消費者（DTC）和麪向企業（B2B）增長策略的持續成功。在2024年第四季度的前兩個月，與2023年相同期相比，租賃營業收入增長了15%，而租賃淨收入增長超過25%，因爲壞賬費用佔營業收入的比例下降了600個點子。因此，2024年第四季度的前兩個月租賃毛利潤增長了51%，而同一時期的租賃營銷費用減少了超過40%。新的貸款發放較去年同期增長了超過34%。
譯文內容由第三人軟體翻譯。
