secwatch.observer — SEC 8-K summary
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Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001476840-22-000093
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify Q2 revenue $43.2M (+22% YoY); net loss $(8.0)M vs profit prior year; paid members rebound to 754k
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- Revenue $43.2M (+22% YoY); interchange from Expensify Card up 142% YoY.
- Net loss $(8.0)M vs net income $6.6M a year ago; SBC $14M; non-GAAP net income $6.1M.
- Adjusted EBITDA $11.7M (27% margin); operating cash flow positive $27.2M.
- Paid members 754k, up from 706k in Q1; ExpensiCon returning May 2023.
- No explicit guidance update provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000093/0001476840-22-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000093/exfy-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001476840-22-000093

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