How did FPAY's Q4 2024 forecast compare to past surprises?

FlexShopper Inc. (FPAY) did not experience a surprise in its Q4 2024 earnings report, as indicated by the absence of any positive or negative surprises mentioned in the financial literature. However, the company's historical performance shows remarkable growth in Q4 2023, with significant year-over-year increases in gross profit, total fundings, net lease and loan revenues, and operating income. This suggests that FPAY's Q4 2024 performance may have been expected and not considered a surprise, potentially due to the company's consistent growth trajectory and strategic expansions. 1. **Comparison to Past Surprises**: FPAY did not have a surprise in Q4 2024, unlike Q2 2024, which had an earnings surprise of 13.33%, and Q1 2024, which had an earnings surprise of 40%. 2. **Q4 2023 Performance**: In Q4 2023, FPAY's gross profit increased by over 300% year-over-year, with total fundings up by 7%, net lease and loan revenues up by 42%, and operating income reaching $5.6 million. 3. **Market Expectations**: Argus Research, an independent investment research firm, recently initiated equity research report coverage on FPAY, highlighting the company's strong financial performance and strategic expansions. In conclusion, FPAY's Q4 2024 did not have a surprise, unlike its previous quarters, likely due to the consistent growth and strategic moves that have been a hallmark of the company's financial performance.