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:  0001476840-22-000097
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify Q2 revenue $43.2M (+22% YoY); paid members at 754k, above pre-pandemic levels
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- Revenue $43.2M (+22% YoY); interchange from Expensify Card up 142% YoY.
- Net loss $(8.0)M due to $14.0M stock-based compensation; non-GAAP net income $6.1M.
- Adjusted EBITDA $11.7M (27% margin); operating cash flow $15.9M.
- Paid members grew to 754k (from 706k in Q1), exceeding pre-pandemic levels.
- ExpensiCon accounting retreat planned for May 2023 in Italy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000097/0001476840-22-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000097/exfy-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001476840-22-000097

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