secwatch.observer — SEC 8-K summary
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Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001476840-25-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify Q1 revenue $36.1M (+8% YoY); raises FY 2025 FCF guidance to $17M-$21M
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- Revenue $36.1M (+8% YoY); net loss improved to $3.2M from $3.8M.
- Non-GAAP net income $4.8M; adjusted EBITDA $8.4M; FCF $9.1M.
- Free cash flow guidance raised to $17M–$21M for FY 2025.
- Expensify Card interchange $5.1M (+43% YoY); paid members 657K (-5% YoY).
- Travel bookings up 166% Q/Q; pricing updated to $5/member/month for Collect plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684025000069/0001476840-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684025000069/exfy-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001476840-25-000069

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