Expensify Management
Management criteria checks 1/4
Expensify's CEO is David Barrett, appointed in Jan 2008, has a tenure of 16.33 years. total yearly compensation is $1.84M, comprised of 90.9% salary and 9.1% bonuses, including company stock and options. directly owns 9.67% of the company’s shares, worth $14.22M. The average tenure of the management team and the board of directors is 3.3 years and 2.5 years respectively.
Key information
David Barrett
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 90.9% |
| CEO tenure | 16.3yrs |
| CEO ownership | 9.7% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Expensify: A Busted IPO To An Undervalued SaaS Micro-Cap
May 07Expensify: A Company That Hopes To Turn The Corner In 2024
Apr 02Expensify: Poor Execution And Outlook (Rating Downgrade)
Mar 05There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise
Mar 01
Expensify May Have More Surprises In Store (Rating Upgrade)
Feb 27Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?
Feb 19Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook
Nov 16The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%
Nov 10An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued
Mar 10An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 47% Undervalued
Nov 12Expensify GAAP EPS of -$0.10 misses by $0.02, revenue of $43.16M misses by $0.49M
Aug 11Are Investors Undervaluing Expensify, Inc. (NASDAQ:EXFY) By 44%?
Aug 07Expensify: A First Evaluation
Apr 22Expensify, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Apr 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$39m |
| Dec 31 2023 | US$2m | US$2m | -US$41m |
| Sep 30 2023 | n/a | n/a | -US$38m |
| Jun 30 2023 | n/a | n/a | -US$29m |
| Mar 31 2023 | n/a | n/a | -US$26m |
| Dec 31 2022 | US$2m | US$2m | -US$27m |
| Sep 30 2022 | n/a | n/a | -US$40m |
| Jun 30 2022 | n/a | n/a | -US$38m |
| Mar 31 2022 | n/a | n/a | -US$23m |
| Dec 31 2021 | US$20m | US$1m | -US$14m |
| Sep 30 2021 | n/a | n/a | US$4m |
| Jun 30 2021 | n/a | n/a | US$4m |
| Mar 31 2021 | n/a | n/a | US$285k |
| Dec 31 2020 | US$1m | US$933k | -US$2m |
Compensation vs Market: David's total compensation ($USD1.84M) is above average for companies of similar size in the US market ($USD661.15K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Barrett (46 yo)
16.3yrs
Tenure
US$1,837,114
Compensation
Mr. David Barrett Founded Expensify, LLC in 2008 and serves as its Chief Executive Officer & Director since 2009 & serves as its President. Prior to Expensify, Mr. Barrett led engineering for Red Swoosh...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.3yrs | US$1.84m | 9.67% $ 14.2m | |
| CFO & Director | 7.3yrs | US$1.13m | 0.76% $ 1.1m | |
| COO & Director | 3.3yrs | US$943.51k | 0.34% $ 499.7k | |
| Chief Product Officer & Director | 3yrs | no data | 1.55% $ 2.3m | |
| Chief Strategy Officer & Director | 3yrs | no data | 0.47% $ 687.6k | |
| Secretary | no data | no data | no data |
3.3yrs
Average Tenure
39yo
Average Age
Experienced Management: EXFY's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 15.3yrs | US$1.84m | 9.67% $ 14.2m | |
| CFO & Director | 7.3yrs | US$1.13m | 0.76% $ 1.1m | |
| COO & Director | 2.5yrs | US$943.51k | 0.34% $ 499.7k | |
| Chief Product Officer & Director | 2.5yrs | no data | 1.55% $ 2.3m | |
| Chief Strategy Officer & Director | 2.5yrs | no data | 0.47% $ 687.6k | |
| Independent Director | 2.5yrs | US$202.30k | 0.095% $ 140.3k | |
| Independent Director | 2.5yrs | US$192.11k | 0.022% $ 32.8k | |
| Independent Director | 2.5yrs | US$192.20k | 0.019% $ 28.5k |
2.5yrs
Average Tenure
43.5yo
Average Age
Experienced Board: EXFY's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.