EXFY Q1 2022 Earnings — Expensify, Inc. Revenue & Financial Results | Market Cap Arena

EXFYExpensify, Inc.

$85M

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$40M+35.8% YoY

Gross Profit

$26M65.0% margin

Operating Income

-$5M-12.0% margin

Net Income

-$7M-18.3% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$199M

Total Liabilities

$114M

Stockholders' Equity

$84M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$30M	+35.8%
Gross Profit	$26M	$22M	+18.8%
Operating Income	-$5M	$12M	-142.0%
Net Income	-$7M	$2M	-395.5%

Revenue Segments

Cashback Rewards

$505,000100%

Geographic Segments

UNITED STATES

$37M90%

Non-US

$4M10%