Expensify reports 56% Q4 revenue growth; Free Plan adoption drives paid member surge

Expensify, Inc.

Q4 revenue $40.4M (+56% YoY); FY21 revenue $142.8M (+61.8% YoY).
GAAP net loss Q4 $21.9M due to $14.2M IPO bonus; non-GAAP net income $4.4M.
Adjusted EBITDA Q4 was $(6.9)M; excluding IPO bonus $7.3M. FY21 adj. EBITDA $9.5M.
Paid members reached 711k in Q4; Free Plan launched Oct 2021 attracted 3,100+ customers.
Expensify Card interchange up 185% YoY; introduced unlimited 2% cash back.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.