Expensify Inc

EXFY · NASDAQ · Technology / Software - Application

1.84USD-0.02 (-1.08%)

Price History

Full chart

Market Stats

Previous Close1.86

Open1.85

Day Range1.79 – 1.88

52-Week Range0.6907 – 2.81

Volume576.29K

Market Cap206.08M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.16

Dividend Yield0.00%

Beta1.73

50-Day Avg2.22

200-Day Avg1.49

About

Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that engages in managing corporate cards, paying bills, generating invoices, collecting payments, and booking travel, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises. The company was founded in 2008 and is based in San Francisco, California.

Company Details

SectorTechnology
IndustrySoftware - Application
CEOMr. David Barrett
Employees117
Headquarters88 Kearny St, San Francisco, CA, United States, 94108, USA
Websitehttps://www.expensify.com

Leadership

Mr. David BarrettFounder, CEO, President & Director · b. 1977
Mr. Ryan SchafferCFO & Director · b. 1988
Mr. Cole EasonChief Compliance Officer & Corporate Secretary
Mr. Jason Fahr MillsChief Product Officer & Director · b. 1982
Mr. Daniel VidalChief Strategy Officer & Director · b. 1989

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	80.46M	88.07M	142.84M	169.50M	150.69M	139.24M	142.10M
Growth (%)	-	+9.46%	+62.18%	+18.66%	-11.10%	-7.60%	+2.06%
Cost of Revenue	31.98M	32.41M	53.69M	62.67M	66.89M	64.24M	70.57M
Gross Profit	48.48M	55.66M	89.14M	106.83M	83.80M	75.00M	71.53M
Gross Margin	60.25%	63.20%	62.41%	63.03%	55.61%	53.86%	50.34%
Operating Expense	47.23M	49.99M	99.39M	122.06M	116.95M	75.82M	89.55M
Operating Income	1.25M	5.67M	-10.25M	-15.23M	-33.15M	-820.00K	-18.02M
Operating Margin	1.55%	6.44%	-7.18%	-8.99%	-22.00%	-0.59%	-12.68%
EBITDA	4.09M	8.09M	-5.05M	-9.18M	-27.98M	5.99M	-7.83M
EBITDA Margin	5.09%	9.19%	-3.54%	-5.41%	-18.57%	4.30%	-5.51%
Net Income	1.24M	-1.71M	-13.56M	-27.01M	-41.46M	-10.05M	-21.39M
Net Income Margin	1.54%	-1.94%	-9.49%	-15.93%	-27.51%	-7.22%	-15.05%
R&D	4.11M	6.73M	10.99M	13.69M	23.37M	24.64M	20.68M
R&D as % of Total Revenue	5.11%	7.64%	7.69%	8.08%	15.51%	17.70%	14.56%
Interest Expense	2.76M	2.72M	3.48M	5.41M	5.33M	1.57M	-
Interest Expense % of Total Revenue	3.43%	3.09%	2.44%	3.19%	3.54%	1.13%	-

Balance Sheet

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	76.60M	87.73M	183.21M	210.24M	176.78M	173.68M	185.99M
Total Liabilities	125.06M	73.66M	106.60M	113.00M	76.04M	45.44M	53.24M
Total Equity	-48.46M	14.07M	76.61M	97.24M	100.74M	128.24M	132.75M
Cash	9.99M	34.40M	98.40M	103.79M	47.51M	48.77M	63.08M
Total Debt	44.30M	51.70M	69.97M	67.78M	29.55M	6.47M	5.74M
Net Debt	34.30M	17.30M	-28.43M	-36.00M	-17.96M	-42.30M	-57.34M

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	12.43M	7.58M	5.49M	32.88M	1.56M	23.88M	20.09M
Investing Cash Flow	-4.90M	-4.29M	-7.61M	-2.20M	-7.29M	-7.63M	-3.56M
Financing Cash Flow	5.14M	8.79M	80.56M	-8.28M	-45.32M	-22.07M	-2.74M
Capital Expenditure	4.91M	4.30M	7.61M	2.20M	7.29M	7.63M	17.00K
Free Cash Flow	7.52M	3.29M	-2.13M	30.67M	-5.74M	16.25M	20.07M
Dividends Paid	482.00K	-	-	-	-	-	-
FCF to OCF	60.51%	43.35%	-38.79%	93.30%	-367.86%	68.05%	99.92%
Dividend Paid to FCF	6.41%	-	-	-	-	-	-

Earnings

Report Date	Mar 31, 2020	Jun 30, 2020	Mar 31, 2021	Jun 30, 2021	Sep 1, 2021	Dec 16, 2021	Mar 30, 2022	May 12, 2022	Aug 11, 2022	Nov 10, 2022	Feb 23, 2023	May 9, 2023	Aug 8, 2023	Nov 7, 2023	Feb 22, 2024	May 9, 2024	Aug 8, 2024	Nov 7, 2024	Feb 27, 2025	May 8, 2025	Aug 7, 2025	Nov 6, 2025	Feb 26, 2026	May 7, 2026	Aug 6, 2026	Nov 5, 2026
EPS Estimate	0.00	0.00	0.00	0.00	0.16	0.26	0.09	0.06	0.09	0.09	0.07	0.08	0.05	0.02	-0.05	0.05	0.05	0.06	0.07	0.06	0.02	0.05	0.06	0.02	0.02	0.02
EPS Actual	0.15	0.06	-0.47	1.61	-0.08	0.58	-0.29	0.09	0.08	0.06	0.09	0.05	-0.01	-0.08	0.04	0.04	0.06	0.06	-0.01	0.05	-0.10	0.05	-0.08	0.04	-0.04	-
Surprise	-	-	-	-	-150.00%	123.08%	-422.22%	50.00%	-11.11%	-33.33%	28.57%	-37.50%	-120.00%	-500.00%	180.00%	-20.00%	20.00%	0.00%	-114.29%	-16.67%	-600.00%	0.00%	-236.05%	100.00%	-300.00%	-
Timing	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap206.08M

Enterprise Value153.91M

Trailing P/E0.00

Forward P/E0.00

Price / Sales1.49

Price / Book1.59

EPS-0.16

Book Value1.46

Revenue (TTM)138.10M

Gross Profit (TTM)67.21M

EBITDA-13.07M

Profit Margin-11.31%

Operating Margin-8.63%

Return on Equity-11.73%

Return on Assets-4.66%

Shares Outstanding78.94M

Shares Float54.59M

Beta1.73

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 5 analystsTarget 2.83

Strong Buy
2
Hold
3

Ownership Breakdown

Institutions: 32.71%
Insiders: 25.59%
Retail / Other: 41.70%

Top Institutional Holders

BlackRock Inc
3.99M4.38%
Palogic Value Management LP
2.52M2.77%
Verition Fund Managegment, LLC
2.35M2.58%
Vanguard Capital Management, LLC
2.31M2.53%
Acadian Asset Management LLC
2.21M2.42%
Vanguard Portfolio Management, LLC
1.97M2.16%
CastleKnight Management LP
1.73M1.90%
Geode Capital Management, LLC
1.37M1.50%
Marshall Wace Asset Management Ltd
914.31K1.00%
Formula Growth Ltd
875.00K0.96%
AQR Capital Management LLC
826.23K0.91%
Renaissance Technologies Corp
725.00K0.80%
State Street Corp
723.60K0.79%
IEQ CAPITAL, LLC
548.02K0.60%
Millennium Management LLC
507.99K0.56%
Two Sigma Investments LLC
506.98K0.56%
Connor Clark & Lunn Inv Mgmt Ltd
504.83K0.55%
Northern Trust Corp
418.27K0.46%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
1.66M1.83%
Vanguard Information Technology ETF
1.48M1.62%