Expensify Q2 revenue down 10% to $38.9M; net loss widens to $11.3M

Expensify, Inc.

2023-Q2 EPS reported -$0.21 revenue$78,985,000

Revenue $38.9M (down 10% YoY); net loss $11.3M vs $8.0M loss in Q2 2022.
Adjusted EBITDA $2.2M; non-GAAP net loss $1.0M.
Expensify Card interchange $2.7M, up 56% YoY.
Paid members 742k, down 2% from prior year.
Repurchased $3.9M in shares and reduced debt by $8.2M during quarter.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Expensify, Inc. reported the quarter ended June 30, 2023 results: revenue $38.9 million, net income $11.3 million.

Period: the quarter ended June 30, 2023
Revenue: $38.9 million
Net income: $11.3 million
Result: reported results

Exact text from the filing

Revenue was $38.9 million, a decrease of 10% compared to the same period last year.

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Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-23-000145

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