FlexShopper, Inc. (NASDAQ:FPAY) Q2 2022 Earnings Conference Call August 11, 2022 9:00 AM ET

Company Participants

Carlos Sanchez – Investor Relations

Rich House – Chief Executive Officer

Russ Heiser – Chief Financial Officer

John Davis – Chief Operating Officer

Conference Call Participants

Scott Buck – H.C. Wainwright

Michael Diana – Maxim Group

Operator

Greetings, ladies and gentlemen, and welcome to FlexShopper, LLC 2022 Second Quarter Financial Results Conference Call. At this time all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would like to turn the conference over to your host, Mr. Carlos Sanchez, Investor Relations.

Carlos Sanchez

Thank you and good morning. Welcome to FlexShopper's second quarter 2022 earnings result conference call. With me today are Rich House, Chief Executive Officer; Russ Heiser, Chief Financial Officer; and John Davis, Chief Operating Officer. We issued our earnings release last night and corresponding investor presentation this morning, and we will be referencing these during the call. Both can be found on our Investor Relations section of our website. We will be available for Q&A following today's prepared remarks.

Before we begin, I would like to remind everyone that this call will contain forward-looking statements regarding future events and our financial performance, including statements regarding our market opportunity, the impact of our growth initiatives and our future financial performance. These should be considered in conjunction with cautionary statements contained in our earnings release and the company's most recent periodic SEC reports, including our quarterly report Form 10-Q for the second quarter ended June 30. These statements reflect management's current beliefs, assumptions and expectations and are subject to a number of factors that may cause actual results to differ materially from those statements. Except as required by law, we undertake no obligation to publicly update or revise any of these statements, whether as a result of any new information, future events or otherwise.

During today's discussion of our financial performance, we will provide certain financial information that constitute non-GAAP financial measures under SEC rules. These include measures such as adjusted EBITDA and net income – adjusted net income. These non-GAAP financial measures should not be considered replacements and should be read together with our GAAP results. Reconciliation to GAAP measurements and certain additional information are also included in today's earnings release, which is available on our Investor Relations section of our website.