Expensify

Expensify, Inc provides online expense reporting and management services. Its services include SmartScanning, Guaranteed eReceipts, receipt forwarding and receipt apps and partners. The company was founded by David Barrett and Witold Stankiewicz on May 1, 2008 and is headquartered in Portland, OR.

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Expensify reports solid 2022 performance, eyes growth opportunities in 2023

Expensify's 2022 performance showcased revenue growth, strong cash flow, and successful initiatives to drive organic growth and transition users to subscription models.
While facing challenges of lower revenue growth and customer conversion uncertainties, the company's diversified customer base and focus on fair compensation present strengths and growth opportunities.
With a strategic focus on market expansion, customer support, and revenue stability, Expensify is poised for growth in 2023, leveraging new sales representatives and ongoing platform enhancements.

Expensify reports stable Q1 revenue, eyes growth through product innovation

Expensify's Q1 performance showed revenue stability with a focus on user engagement and retention amidst economic challenges.
The company's strengths lie in product innovation, customer retention efforts, and opportunities in new product adoption and business travel resurgence.
Challenges include revenue stability issues, customer activity impact, and the need for targeted retention strategies for smaller businesses.
Expensify is well-positioned to capitalize on opportunities through product enhancements, revenue diversification, and market expansion strategies.

Expensify reports solid Q2 earnings, focuses on long-term growth

Expensify's Q2 2023 performance reflects resilience amidst challenges, with a focus on long-term growth through strategic investments and revenue stabilization.
The company's strengths lie in its unique customer acquisition model, successful transition to subscription-based revenue, and commitment to optimizing operations.
Challenges from the economic environment and competition require a balanced approach to growth and profitability, with opportunities in global expansion and product enhancement.
Expensify's strategic focus on rebuilding with a new platform and enhancing marketing and sales channels positions it well for future growth and profitability.

Expensify reports Q3 revenue decline but sees growth opportunities ahead

Expensify's Q3 performance reflects challenges in revenue decline but strengths in paid member growth and strategic product initiatives.
The company aims to improve financial health by reducing expenses, transitioning to new revenue models, and optimizing operational efficiency.
While facing challenges like reduced user activity and churn, Expensify sees opportunities in international expansion, product enhancements, and competitive positioning.
Overall, Expensify is navigating a changing landscape with a focus on sustainable growth, operational efficiency, and customer-centric strategies.

Expensify reports solid Q4 earnings, eyes growth through new programs

Expensify's Q4 2023 earnings call highlighted steady revenue growth, cost-cutting measures, and a focus on new revenue streams. While facing challenges in customer acquisition and subscription revenue, the company is strategically positioned for growth. Opportunities in SEO enhancements, new card programs, and operational improvements pave the way for future success.

Expensify reports robust Q1 earnings, eyes market expansion opportunities

Expensify's Q1 2024 performance reflects strong financials and strategic initiatives aimed at sustainable growth and market expansion.
While facing challenges in transitioning customers to the new card program and combating churn, the company's focus on cost optimization and revenue stream enhancement positions it well for future success.
By leveraging its strengths in product innovation and community collaboration, Expensify has the potential to capitalize on opportunities in untapped markets and drive further growth.

Expensify reports robust Q2 earnings, eyes revenue growth opportunities

Expensify's Q2 2024 earnings call reflects strong financial performance, profitability, and strategic initiatives driving revenue growth and innovation.
The company's focus on enhancing interchange revenue, expanding customer base, and launching new products underscores its commitment to sustainable growth.
While facing challenges in migration and capital allocation, Expensify is well-positioned to leverage opportunities in market expansion and product adoption for future success.

Expensify beats revenue forecasts, eyes automation for sustained growth

Expensify delivered strong financial results in Q3, surpassing revenue expectations and demonstrating operational efficiency.
While facing challenges in user growth and profitability, the company's focus on innovation and cost-effective marketing strategies bode well for future success.
Opportunities lie in revenue diversification, automation initiatives, and improving customer acquisition channels for sustained growth.
Overall, Expensify's performance highlights resilience and strategic adaptability in a competitive market landscape.

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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. It operates under the United States and All Other Locations geographical segments. The company was founded by David Barrett and Witold Stankiewicz on May 1, 2008 and is headquartered in Portland, OR.

PORTLAND, Ore.--(BUSINESS WIRE)-- #Expensify--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced the release of enhanced insights and custom reporting functionality, built with expert input from top accounting leaders. The Insights feature allows any Expensify member to easily monitor all aspects of company spend across categories such as employees, projects, departments, and subsidiaries. In addition to a visual reporting dashboard, Expensif.

Expensify Releases Enhanced Insights and Custom Reporting Functionality

SAN MATEO, Calif.--(BUSINESS WIRE)-- #ExpenseReportsThatDontSuck--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced that its chat-based platform, New Expensify, has been selected by SaaStr as the featured conference networking tool for 10,000+ attendees. SaaStr Annual, taking place from September 6-8 in San Mateo, is one of the world's largest tech conferences, and with it comes a number of speaking sessions, sponsors, and events. The SaaStr team has chosen.

Expensify Selected as SaaStr Annual Conference Chat and Networking Tool

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, has announced a new revenue share program for all its valued accounting partners beginning in September 2023. As part of the ExpensifyApproved! Accountants partnership program, all registered partners will now receive a remarkable 0.5% revenue share on every client's Expensify Card purchases, in addition to the existing 1% to 2% cash back reward enjoyed by all Ex.

Expensify Announces Revenue Share Program for ExpensifyApproved! Accountant Partners and Their Clients

PORTLAND, Ore.--(BUSINESS WIRE)-- #Expensify--Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced that the grand opening party for its Midtown Beer Garden in Portland will be on Sunday, August 20th from 3pm-8pm. The outdoor venue, located on Southwest Fifth Avenue at Harvey Milk Street, just across from Expensify's headquarters, will seek to revive the midtown Portland community after years of challenges. Headline artist The Last Artful, Dodgr.

Midtown Beer Garden Grand Opening Party in Portland on August 20th

Expensify, Inc. (NASDAQ:EXFY ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Anu Muralidharan - COO David Barrett - CEO Ryan Schaffer - CFO Conference Call Participants Daniel Jester - BMO Ryan Schaffer Hello, and welcome to the Q2 2023 Expensify Earnings Call. We're excited to have everyone here today and excited to share with you all the information that we have.

Expensify, Inc. (EXFY) Q2 2023 Earnings Call Transcript

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, announced today that during the quarter ended June 30th, the Company's employees purchased 140,158 shares of Class A common stock via its Stock Purchase and Matching Plan (SPMP). Executives' purchases made up 18,246 of those shares. At the time of the purchase, the aggregate valu.

Expensify Executives and Employees Purchase Common Shares

The company lost paying subscribers in Q2 amid intense competition. Expensify is targeting new industry niches in a bid to return to growth.

Why Expensify Stock Slumped on Wednesday

Expensify, Inc. (EXFY) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.07 per share a year ago.

Expensify, Inc. (EXFY) Reports Q2 Loss, Lags Revenue Estimates

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended June 30, 2023. A Message From Our Founder This is an exciting time for the expense management industry. As long predicted, our major competitors have abandoned their.

Expensify Announces Q2 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)--Expensify announced today preferred partnerships with both the California Society of Certified Public Accountants (CalCPA) and the Texas Society of Certified Public Accountants (TXCPA). These partnerships are poised to greatly benefit the collective membership base of over 45,000 CalCPA and 28,000 TXCPA members. As the preferred partner, Expensify will provide members with an array of features designed to streamline spend management, helping them save time and bo.

Expensify Becomes Expense Management and Company Card Partner of California and Texas CPA State Societies

LOS ANGELES, CA / ACCESSWIRE / August 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q2 2023 financial results will be released after market close on Tuesday, August 8th, 2023. Expensify will host a call to discuss its Q2 2023 results on Tuesday, August 8th, 2023 at 2pm PT / 5pm ET. The link to the call will be available that da.

Expensify to Announce Q2 2023 Results

LOS ANGELES, CA / ACCESSWIRE / July 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

Expensify, Inc. provides expense management and related software and services to businesses and individuals. The firm's top line revenue growth has flattened recently while it continues to produce operating losses. Management is seeking to consolidate its software offerings into a single platform that fosters frequent use rather than just monthly expense-only accounting use.

Expensify Pins Hopes On High-Frequency Use Platform

LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ:EXFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 5, 2023 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Expensify, Inc. ("Expensify" or "the Company") (NASDAQ: EXFY ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Expensify, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , July 4, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Expensify, Inc. (NASDAQ: EXFY) resulting from allegations that Expensify may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Expensify securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Expensify, Inc. Investors to Inquire About Securities Class Action Investigation - EXFY

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Expensify, Inc. (NASDAQ: EXFY) resulting from allegations that Expensify may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Expensify securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange.

EXFY INVESTOR NOTICE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Expensify, Inc. Investors to Inquire About Securities Class Action Investigation – EXFY

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company will join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution according to a preliminary list of additions posted May 19. Expensify is set to join the broad-market Russell 3000® Index, effective.

Expensify Set to Join Russell 3000® Index

Investors need to pay close attention to Expensify (EXFY) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Expensify (EXFY) Stock?

PUGLIA, Italy--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, bills and invoices, today announced the highlights from the third ExpensiCon. The invite-only conference, set against the backdrop of Italy's rich culture, brought together over 100 of the top leaders in the accounting and fintech industries for inspiring keynote sessions, strategy workshop.

Expensify Concludes Third ExpensiCon Conference

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, bills and invoices, today announced its latest achievement of winning the esteemed CPA Practice Advisor Readers Choice Award as the Preferred Expense and Travel Management Tool. This prestigious accolade marks the 7th consecutive year that Expensify has been recognized for its outstanding.

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