FlexShopper is a holding corporation. Through its subsidiaries, Co. is financial technology company that enables consumers utilizing its e-commerce marketplace to shop for brand name electronics, home furnishings and other goods on a lease-to-own (LTO) basis. Co. also license its LTO technology platforms to retailers and e-tailers to facilitate transactions directly with consumers who want to purchase products but do not have sufficient cash or available credit. Co. is engaged in providing customers the opportunity to obtain ownership of products, such as consumer electronics, home appliances, computers, smartphones, tires, jewelry and furniture, under LTO purchase agreements. The FPAY stock yearly return is shown above.
The yearly return on the FPAY stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the FPAY annual return calculation with any dividends reinvested as applicable (on ex-dates).
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