Financial Snapshot

Revenue
$137.4M
TTM
Gross Margin
54.51%
TTM
Net Earnings
-$16.23M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
286.59%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$119.9M
Q3 2024
Cash
Q3 2024
P/E
-15.40
Nov 13, 2024 EST
Free Cash Flow
$7.745M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $150.7M $169.5M $142.8M $88.07M $80.46M
YoY Change -11.1% 18.66% 62.18% 9.46%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $150.7M $169.5M $142.8M $88.07M $80.46M
Cost Of Revenue $66.89M $62.67M $53.69M $32.41M $31.99M
Gross Profit $83.80M $106.8M $89.14M $55.66M $48.48M
Gross Profit Margin 55.61% 63.03% 62.41% 63.2% 60.25%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $93.58M $108.4M $88.41M $43.26M $43.12M
YoY Change -13.64% 22.58% 104.36% 0.33%
% of Gross Profit 111.67% 101.44% 99.17% 77.72% 88.95%
Research & Development $23.37M $13.69M $10.99M $6.728M $4.110M
YoY Change 70.67% 24.61% 63.32% 63.7%
% of Gross Profit 27.89% 12.82% 12.33% 12.09% 8.48%
Depreciation & Amortization $5.164M $5.388M $5.197M $3.248M $2.845M
YoY Change -4.16% 3.68% 60.01% 14.17%
% of Gross Profit 6.16% 5.04% 5.83% 5.84% 5.87%
Operating Expenses $116.9M $122.1M $99.39M $49.99M $47.23M
YoY Change -4.19% 22.8% 98.84% 5.84%
Operating Profit -$33.15M -$15.23M -$10.25M $5.670M $1.247M
YoY Change 117.63% 48.58% -280.81% 354.69%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $5.200M $4.500M -$3.480M -$2.718M -$2.757M
YoY Change 15.56% -229.31% 28.04% -1.41%
% of Operating Profit -47.94% -221.09%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$38.48M -$20.64M -$13.73M $2.952M -$1.510M
YoY Change 86.39% 50.33% -565.18% -295.5%
Income Tax $2.980M $6.366M -$174.0K $4.662M -$2.751M
% Of Pretax Income 157.93%
Net Earnings -$41.46M -$27.01M -$13.56M -$1.710M $1.241M
YoY Change 53.49% 99.21% 692.87% -237.79%
Net Earnings / Revenue -27.51% -15.93% -9.49% -1.94% 1.54%
Basic Earnings Per Share -$0.50 -$0.33 -$0.36 -$0.06 $0.00
Diluted Earnings Per Share -$0.50 -$0.33 -$0.36 -$0.06 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $47.51M $106.1M $98.79M $34.64M $10.10M
YoY Change -55.24% 7.45% 185.16% 242.99%
Cash & Equivalents $47.51M $103.8M $98.40M $34.40M $9.990M
Short-Term Investments
Other Short-Term Assets $75.89M $62.05M $37.71M $17.23M $32.42M
YoY Change 22.31% 64.54% 118.82% -46.84%
Inventory
Prepaid Expenses
Receivables $13.83M $16.45M $15.72M $11.19M $7.991M
Other Receivables $0.00 $2.471M $5.426M $600.0K $0.00
Total Short-Term Assets $137.2M $187.1M $157.6M $63.66M $50.51M
YoY Change -26.66% 18.7% 147.62% 26.04%
Property, Plant & Equipment $20.81M $15.24M $18.13M $19.10M $18.87M
YoY Change 36.56% -15.97% -5.05% 1.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.251M $1.008M $1.080M $1.251M $3.663M
YoY Change 520.14% -6.67% -13.67% -65.85%
Total Long-Term Assets $39.55M $23.13M $25.57M $24.07M $26.09M
YoY Change 71.03% -9.56% 6.24% -7.73%
Total Assets $176.8M $210.2M $183.2M $87.73M $76.60M
YoY Change
Accounts Payable $1.425M $1.059M $3.752M $2.328M $3.043M
YoY Change 34.56% -71.78% 61.17% -23.5%
Accrued Expenses $10.11M $7.092M $8.661M $4.158M $3.385M
YoY Change 42.5% -18.12% 108.3% 22.84%
Deferred Revenue
YoY Change
Short-Term Debt $15.00M $15.00M $15.00M $15.00M $6.387M
YoY Change 0.0% 0.0% 0.0% 134.85%
Long-Term Debt Due $7.655M $1.023M $1.342M $3.228M $503.0K
YoY Change 648.29% -23.77% -58.43% 541.75%
Total Short-Term Liabilities $68.18M $60.36M $53.58M $39.20M $44.61M
YoY Change 12.95% 12.67% 36.67% -12.12%
Long-Term Debt $0.00 $51.43M $52.54M $31.59M $32.56M
YoY Change -100.0% -2.11% 66.33% -2.98%
Other Long-Term Liabilities $8.148M $1.204M $482.0K $1.961M $2.792M
YoY Change 576.74% 149.79% -75.42% -29.76%
Total Long-Term Liabilities $8.148M $52.64M $53.02M $33.55M $35.35M
YoY Change -84.52% -0.72% 58.05% -5.1%
Total Liabilities $76.32M $113.0M $106.6M $73.66M $79.96M
YoY Change -32.46% 6.01% 44.71% -7.87%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 82.49M shares 80.79M shares 38.04M shares 27.42M shares 25.92M shares
Diluted Shares Outstanding 82.49M shares 80.79M shares 38.04M shares 27.42M shares 25.92M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $249.99 Million

About Expensify Inc

Expensify, Inc. engages in the provision of a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. The company is headquartered in Portland, Oregon and currently employs 133 full-time employees. The company went IPO on 2021-11-10. Its platform is used by people in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. The company improves the experience of the actual end users of expense management software. The company designs Expensify to be easy to set up, integrate, configure, and use from any device, which has enabled it to serve employees of all types and organizations of all sizes, industries, and geographies. The company offers simple, transparent, and flexible subscription plans for both individuals and businesses that are completely self-service and payable by credit card. The firm has designed its platform to be used by everyone in an organization, from employees to managers to the finance department. Its individual subscriptions include its track and submit plans.

Industry: Services-Prepackaged Software Peers: EVERBRIDGE, INC. Liveramp Holdings Inc Agilysys Inc Marathon Digital Holdings Inc ForgeRock, Inc. Matterport Inc InterDigital Inc Olo Inc MODEL N, INC. Salesforce Inc