Crunch Time For FlexShopper

  • The company has a great business model that produces growth and significant operational leverage during good times. In that light, the shares are really quite cheap.
  • But the economic fallout from the pandemic is significantly increasing the uncertainty, even if the first couple of months didn’t produce anything alarming.
  • We prefer to wait for Q2 figures to get a much better picture about the size of the emerging risks.

Source: Crunch Time For FlexShopper (NASDAQ:FPAY) | Seeking Alpha