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.

PORTLAND, Ore.--(BUSINESS WIRE)--The release dated March 30, 2022, has been updated to include footnotes breaking out the company's stock based compensation and the impact of the company's IPO related bonus by financial statement line item. Additionally, the subhead should read 62% instead of 63%. The updated release reads: EXPENSIFY ANNOUNCES Q4 AND FULL YEAR FISCAL 2021 RESULTS Ended the year with 62% revenue growth and the largest quarterly increase in paid members since the start of the pan

CORRECTING and REPLACING Expensify Announces Q4 and Full Year Fiscal 2021 Results

Expensify, Inc.'s (EXFY) CEO David Barrett on Q4 2021 Results - Earnings Call Transcript

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Stocks Fall Wednesday as UiPath, Expensify Disappoint on Guidance

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 results for its fourth quarter and full year ended December 31, 2021. “The major highlight of 2021 was releasing our Free Plan in October and growing it to more than 3,100 customers by year end,” says David Barrett, founder and CEO of Expensify. “We opened the flo

Expensify Announces Q4 and Full Year Fiscal 2021 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 fourth quarter and full year fiscal financial results will be released after market close on Wednesday, March 30, 2022. Expensify will host a live video call to discuss its Q4 and full year fiscal 2021 results on Wednesday, March 30, 2022 at 2pm

Expensify to Announce Q4 and Full Year Fiscal 2021 Results

CIBC Innovation Banking has provided $100 million as a credit facility to Expensify, a payments super app helping people manage money, the companies announced Monday (Feb. 7). The funding was provided last October and will help the company grow and add more products, according to the release.

Expensify Lands $100M Credit Facility From CIBC Innovation Banking

PORTLAND, Ore.--(BUSINESS WIRE)-- #Expensify--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 the launch of the Expensify CPA Card. The accountant-friendly card enables client setup in minutes and provides a high monthly revolving credit limit with no credit check or personal guarantees required. The card is powered with continuous reconciliation between

Expensify Releases First-Ever Corporate Card for CPAs and Accounting Firms

The company has grown by winning over the end users, not their bosses. That's impressive.

A Profitable High-Growth Stock With a $21.5 Billion Opportunity

Expensify, Inc. (EXFY) CEO David Barrett on Q3 2021 Results - 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 announced results for its quarter ended September 30, 2021. “The biggest news coming out of Q3 was the launch of our Free Plan for SMBs. It offers all the basics of Expensify for free – including corporate cards with up to 2% cash back, reimbursements, bill pay, invoicing,

Expensify Announces Third Quarter 2021 Results

The market is still figuring out a price range for recently launched EXFY stock. However, it's worth owning if you can handle the volatility.

After Post-IPO Rise and Retracement, Expensify Doesn't Look Expensive

This IPO is bringing a new go-to-market strategy to the expense management space.

News for Expensify Stock (EXFY)