Expensify Q3 revenue $42.5M (+13% YoY), net loss $8.2M; plans $6M additional buyback

Expensify, Inc.

2022-Q3 EPS reported -$0.29 revenue$126,026,000

Revenue $42.5M (+13% YoY); paid members 761K (+14%).
GAAP net loss $8.2M ($0.10 loss per share); non-GAAP net income $5.1M.
Adjusted EBITDA $9.0M (21% margin); free cash flow $4.7M after removing customer funds.
Interchange from Expensify Card $1.9M (+115% YoY).
Plans to repurchase $6M in shares starting Nov 11; $4M already repurchased in Q3.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Expensify, Inc. reported quarter ended September 30, 2022 results: revenue $42.5 million, net income -$8.2 million. Guidance reaffirmed.

Period: quarter ended September 30, 2022
Revenue: $42.5 million
Net income: -$8.2 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Revenue was $42.5 million, an increase of 13% compared to the same period last year.

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Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-22-000126

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