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Expensify NasdaqGS:EXFY Stock Report

Last Price

US$3.60

Market Cap

US$320.3m

7D

-5.3%

1Y

48.1%

Updated

23 Dec, 2024

Data

Company Financials +

Expensify, Inc.

NasdaqGS:EXFY Stock Report

Market Cap: US$320.3m

EXFY Stock Overview

Provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. More details

EXFY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 45.6% below our estimate of its fair value

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the US market

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Expensify, Inc. Competitors

Kaltura

NasdaqGS:KLTR

US$350.3m

Cerence

NasdaqGS:CRNC

US$328.5m

CS Disco

NYSE:LAW

US$311.5m

Logility Supply Chain Solutions

NasdaqGS:LGTY

US$364.4m

Price History & Performance

Summary of share price highs, lows and changes for Expensify
Historical stock prices
Current Share PriceUS$3.60
52 Week HighUS$4.13
52 Week LowUS$1.24
Beta1.91
1 Month Change5.88%
3 Month Change68.22%
1 Year Change48.15%
3 Year Change-90.65%
5 Year Changen/a
Change since IPO-91.23%

Recent News & Updates

The Jury's Still Out On Expensify's Platform 2.0 Approach

Nov 13

Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Nov 09
Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Recent updates

The Jury's Still Out On Expensify's Platform 2.0 Approach

Nov 13

Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Nov 09
Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Expensify, Inc.'s (NASDAQ:EXFY) Shares Bounce 28% But Its Business Still Trails The Industry

Aug 18
Expensify, Inc.'s (NASDAQ:EXFY) Shares Bounce 28% But Its Business Still Trails The Industry

Expensify: Staying Bullish On Good Performance And Favorable Prospects

Aug 13

Expensify, Inc.'s (NASDAQ:EXFY) Revenues Are Not Doing Enough For Some Investors

Jun 19
Expensify, Inc.'s (NASDAQ:EXFY) Revenues Are Not Doing Enough For Some Investors

Expensify: A Busted IPO To An Undervalued SaaS Micro-Cap

May 07

Expensify: A Company That Hopes To Turn The Corner In 2024

Apr 02

Expensify: Poor Execution And Outlook (Rating Downgrade)

Mar 05

There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise

Mar 01
There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise

Expensify May Have More Surprises In Store (Rating Upgrade)

Feb 27

Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?

Feb 19
Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?

Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook

Nov 16
Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook

The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%

Nov 10
The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%

An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued

Mar 10
An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued

An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 47% Undervalued

Nov 12
An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 47% Undervalued

Expensify GAAP EPS of -$0.10 misses by $0.02, revenue of $43.16M misses by $0.49M

Aug 11

Are Investors Undervaluing Expensify, Inc. (NASDAQ:EXFY) By 44%?

Aug 07
Are Investors Undervaluing Expensify, Inc. (NASDAQ:EXFY) By 44%?

Shareholder Returns

EXFYUS SoftwareUS Market
7D-5.3%-3.1%-2.7%
1Y48.1%22.4%23.4%

Return vs Industry: EXFY exceeded the US Software industry which returned 22.4% over the past year.

Return vs Market: EXFY exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is EXFY's price volatile compared to industry and market?
EXFY volatility
EXFY Average Weekly Movement10.6%
Software Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: EXFY's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: EXFY's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2008133David Barrettwww.expensify.com

Expensify, Inc. provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel. It also offers track and submit plans for individuals.

Expensify, Inc. Fundamentals Summary

How do Expensify's earnings and revenue compare to its market cap?
EXFY fundamental statistics
Market capUS$320.27m
Earnings (TTM)-US$15.95m
Revenue (TTM)US$137.44m

2.3x

P/S Ratio

-20.1x

P/E Ratio

Is EXFY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXFY income statement (TTM)
RevenueUS$137.44m
Cost of RevenueUS$62.60m
Gross ProfitUS$74.84m
Other ExpensesUS$90.79m
Earnings-US$15.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin54.45%
Net Profit Margin-11.60%
Debt/Equity Ratio0%

How did EXFY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Expensify, Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel JesterBMO Capital Markets Equity Research
Koji IkedaBofA Global Research
Steven EndersCitigroup Inc