Expensify

Expensify, Inc provides online expense reporting and management services. Its services include SmartScanning, Guaranteed eReceipts, receipt forwarding and receipt apps and partners. The company was founded by David Barrett and Witold Stankiewicz on May 1, 2008 and is headquartered in Portland, OR.

Earnings data Q3 2021

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Expensify reports solid 2022 performance, eyes growth opportunities in 2023

Expensify's 2022 performance showcased revenue growth, strong cash flow, and successful initiatives to drive organic growth and transition users to subscription models.
While facing challenges of lower revenue growth and customer conversion uncertainties, the company's diversified customer base and focus on fair compensation present strengths and growth opportunities.
With a strategic focus on market expansion, customer support, and revenue stability, Expensify is poised for growth in 2023, leveraging new sales representatives and ongoing platform enhancements.

Expensify reports stable Q1 revenue, eyes growth through product innovation

Expensify's Q1 performance showed revenue stability with a focus on user engagement and retention amidst economic challenges.
The company's strengths lie in product innovation, customer retention efforts, and opportunities in new product adoption and business travel resurgence.
Challenges include revenue stability issues, customer activity impact, and the need for targeted retention strategies for smaller businesses.
Expensify is well-positioned to capitalize on opportunities through product enhancements, revenue diversification, and market expansion strategies.

Expensify reports solid Q2 earnings, focuses on long-term growth

Expensify's Q2 2023 performance reflects resilience amidst challenges, with a focus on long-term growth through strategic investments and revenue stabilization.
The company's strengths lie in its unique customer acquisition model, successful transition to subscription-based revenue, and commitment to optimizing operations.
Challenges from the economic environment and competition require a balanced approach to growth and profitability, with opportunities in global expansion and product enhancement.
Expensify's strategic focus on rebuilding with a new platform and enhancing marketing and sales channels positions it well for future growth and profitability.

Expensify reports Q3 revenue decline but sees growth opportunities ahead

Expensify's Q3 performance reflects challenges in revenue decline but strengths in paid member growth and strategic product initiatives.
The company aims to improve financial health by reducing expenses, transitioning to new revenue models, and optimizing operational efficiency.
While facing challenges like reduced user activity and churn, Expensify sees opportunities in international expansion, product enhancements, and competitive positioning.
Overall, Expensify is navigating a changing landscape with a focus on sustainable growth, operational efficiency, and customer-centric strategies.

Expensify reports solid Q4 earnings, eyes growth through new programs

Expensify's Q4 2023 earnings call highlighted steady revenue growth, cost-cutting measures, and a focus on new revenue streams. While facing challenges in customer acquisition and subscription revenue, the company is strategically positioned for growth. Opportunities in SEO enhancements, new card programs, and operational improvements pave the way for future success.

Expensify reports robust Q1 earnings, eyes market expansion opportunities

Expensify's Q1 2024 performance reflects strong financials and strategic initiatives aimed at sustainable growth and market expansion.
While facing challenges in transitioning customers to the new card program and combating churn, the company's focus on cost optimization and revenue stream enhancement positions it well for future success.
By leveraging its strengths in product innovation and community collaboration, Expensify has the potential to capitalize on opportunities in untapped markets and drive further growth.

Expensify reports robust Q2 earnings, eyes revenue growth opportunities

Expensify's Q2 2024 earnings call reflects strong financial performance, profitability, and strategic initiatives driving revenue growth and innovation.
The company's focus on enhancing interchange revenue, expanding customer base, and launching new products underscores its commitment to sustainable growth.
While facing challenges in migration and capital allocation, Expensify is well-positioned to leverage opportunities in market expansion and product adoption for future success.

Expensify beats revenue forecasts, eyes automation for sustained growth

Expensify delivered strong financial results in Q3, surpassing revenue expectations and demonstrating operational efficiency.
While facing challenges in user growth and profitability, the company's focus on innovation and cost-effective marketing strategies bode well for future success.
Opportunities lie in revenue diversification, automation initiatives, and improving customer acquisition channels for sustained growth.
Overall, Expensify's performance highlights resilience and strategic adaptability in a competitive market landscape.

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Expensify, Inc. engages in the provision of a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. It operates under the United States and All Other Locations geographical segments. The company was founded by David Barrett and Witold Stankiewicz on May 1, 2008 and is headquartered in Portland, OR.

Expensify, Inc. (NASDAQ:EXFY ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Anuradha Muralidharan - Chief Operating Officer David Barrett - Chief Executive Officer Conference Call Participants Aaron Kimson - JMP Securities LLC Steven Enders - Citigroup Inc. Eric Martinuzzi - Lake Street Capital Markets Operator Good afternoon, and welcome to Expensify's Q3 2024 earnings call. Before we begin, please note that all the information presented on today's call is unaudited, and during the course of this call management may make forward-looking statements within the meaning of the federal securities laws.

Expensify, Inc. (EXFY) Q3 2024 Earnings Call Transcript

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended September 30, 2024. A Message From Our Founder I'm happy to report that Q3'24 has extended and expanded upon the strong results of the previous two quarters: Our cor.

Expensify Announces Q3 2024 Results

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q3 financial results will be released after market close on Thursday, November 7th, 2024. Expensify will host a call to discuss its Q3 results on Thursday, November 7th, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on.

Expensify to Announce Q3 Results

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, announced today that the company paid down the balance of its revolving line of credit ($15 million), paid off the mortgage on its headquarters in downtown Portland, OR, ($7.6 million) and repurchased 645,938 shares of its Class A common stock from its founder. The company still.

Expensify Pays Down All Debt and Announces Share Repurchase

From a technical perspective, Expensify, Inc. (EXFY) is looking like an interesting pick, as it just reached a key level of support. EXFY's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

Expensify, Inc. (EXFY) Now Trades Above Golden Cross: Time to Buy?

Expensify (EXFY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Expensify (EXFY) Might be Well Poised for a Surge

Expensify's latest Q2 2024 EBITDA and bottom line came in +60% and +62% higher than their respective consensus estimates. EXFY boasts a positive outlook, taking into account new revenue growth engines and the upward revision in its cash flow guidance. My Buy rating for Expensify stays unchanged, as the stock is attractively valued based on the PEG metric.

Expensify: Staying Bullish On Good Performance And Favorable Prospects

Expensify, Inc. (NASDAQ:EXFY ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Ryan Schaffer - Chief Financial Officer David Barrett - Founder & Chief Executive Officer Conference Call Participants Aaron Kimpson - JMP Ryan Schaffer Welcome to the Q2 2024 Expensify Earnings. I'm Expensify CFO, Ryan Schaffer, and with me I have our, Co-Founder and CEO -- I'm sorry, I have our Founder and CEO, not Co-Founder, David Barrett.

Expensify, Inc. (EXFY) Q2 2024 Earnings Call Transcript

Expensify, Inc. (EXFY) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.

Expensify, Inc. (EXFY) Matches Q2 Earnings Estimates

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended June 30, 2024. A Message From Our Founder I'm extremely pleased with how well Q2 has extended Q1's achievements and improved upon them further: Our core business has.

Expensify Announces Q2 2024 Results

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PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q2 financial results will be released after market close on Thursday, August 8, 2024. Expensify will host a call to discuss its Q2 results on Thursday, August 8, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the com.

Expensify to Announce Q2 Results

Expensify (NASDAQ: EXFY ) stock is heading higher on Tuesday after Jim Cramer accidentally triggered a rally for the cloud-based expense management software platform company's shares. During an interview with Brad Pitt for the upcoming F1 movie, Cramer mentioned that Expensify is a sponsor of the in-movie fictional F1 racing team.

Expensify Stock Soars as Jim Cramer Triggers ‘Accidental' Rally

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Expensify (EXFY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Expensify (EXFY) Is a Great Choice for Value Investors

Expensify (EXFY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Expensify (EXFY) Upgraded to Buy: Here's Why

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release.

Expensify Adds Unlimited Virtual Cards to Spend Management Platform

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced unlimited virtual cards with the Expensify Visa® Commercial Card. With this addition to the platform, Expensify empowers businesses to take control of their spending with unparalleled flexibility and precision. Expensify members can now issue an unlimited number of virtual cards, providing unmatched flexibility in managing expenses across employee.

Expensify Unveils Unlimited Virtual Cards for Enhanced Spend Management

Expensify, Inc. (NASDAQ:EXFY ) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Ryan Schaffer - CFO David Barrett - CEO Anuradha Muralidharan - COO Conference Call Participants Matt O'Neill - Financial Technology Partners Aaron Kimson - JMP Securities Ryan Schaffer Hello, everyone. Welcome to the Q1 2024 Expensify Earnings.

Expensify, Inc. (EXFY) Q1 2024 Earnings Call Transcript

Expensify, Inc. (EXFY) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.

Expensify, Inc. (EXFY) Q1 Earnings and Revenues Miss Estimates

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended March 31, 2024. A Message From Our Founder Q1'24 was a great start to the year. We are back to strong Operating cash flow and Free cash flow profitability, producing.

Expensify Announces Q1 2024 Results

Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards.

Expensify to Add Travel Features to Financial Management Platform

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced the upcoming launch of their new travel platform: Expensify Travel. Expensify has partnered with Spotnana to create a new robust travel offering in Expensify, built on top of Spotnana's cloud-based Travel-as-a-Service platform. “Book your trip in minutes, we'll handle the rest. We've made it effortless for members to search and book flights, hotel.

Expensify to Launch New Travel Offering

Expensify is a broken October 2021 IPO. Financially strong and valued at $125 million as a Software-as-a-Service company, it's down 96% from its first week high as an IPO. It has a clear road map and focus on dominating the untapped, underserved very small business market. The company is rolling out New Expensify and leaning into its core functionality by creating a moat using real-time chat within expense management, document exchange, global payments, and additional functionality around expense reimbursement.

Expensify: A Busted IPO To An Undervalued SaaS Micro-Cap

Expensify has added expense tracking features for self-employed professionals to the latest version of its app for expenses and corporate cards.

Expensify Launches Expense Tracking Features for Self-Employed Professionals

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), the financial management superapp for expenses and corporate cards, today announced that expense tracking for self-employed professionals is now available in its next-gen New Expensify platform. The upgrade makes it easier than ever for self-employed professionals to track all types of business spend – as receipts, mileage, or manual amounts – in one place. They can then categorize the expenses and share them with their accountant.

News for Expensify Stock (EXFY)