secwatch.observer — SEC 8-K summary
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Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0001476840-21-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify Q3 2021 revenue $37.4M (+72.6% YoY); non-GAAP net income $19.9M excl. IPO bonus
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- Revenue $37.4M (+72.6% YoY); net loss $(6.3)M due to $26.3M IPO bonus expense.
- Adjusted EBITDA $(6.5)M; excluding bonus $19.8M; operating cash flow $34.6M.
- Average monthly paid members 667K (+28K QoQ); Expensify Card interchange up 207% YoY.
- Launched Free Plan in Sep with up to 2% cash back on card spend.
- Achieved carbon neutrality in 2021; targeting Net Zero by 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684021000006/0001476840-21-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684021000006/exfy-20211216.htm
  HTML page:      https://secwatch.observer/filing/0001476840-21-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer