secwatch.observer — SEC 8-K summary
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Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2022-03-31T23:59:59+00:00
Accession:  0001476840-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify Q4 revenue $40.4M (+56% YoY); full year $142.8M (+61.8%); net loss due to IPO bonus
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- Revenue Q4 $40.4M (+56% YoY); full year $142.8M (+61.8%).
- Net loss Q4 $(21.9)M vs net income $1.7M prior year; non-GAAP net income Q4 $4.4M.
- Adjusted EBITDA Q4 $(6.9)M; excluding $14.2M IPO bonus, Adj EBITDA $7.3M.
- Paid members 711k in Q4; free plan launched Oct grew to 3,100 customers.
- Expensify Card interchange up 185% in 2021; introduced 2% ongoing cash back.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000012/0001476840-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000012/exfy-20220330.htm
  HTML page:      https://secwatch.observer/filing/0001476840-22-000012

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