secwatch.observer — SEC 8-K summary
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Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001476840-22-000126
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000126/0001476840-22-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684022000126/exfy-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001476840-22-000126

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