EXFY Q1 2023 Earnings — Expensify, Inc. Revenue & Financial Results | Market Cap Arena

EXFYExpensify, Inc.

$85M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$40M-0.7% YoY

Gross Profit

$24M60.7% margin

Operating Income

-$3M-6.7% margin

Net Income

-$6M-14.8% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$217M

Total Liabilities

$115M

Stockholders' Equity

$103M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$40M	-0.7%
Gross Profit	$24M	$26M	-7.3%
Operating Income	-$3M	-$5M	+44.2%
Net Income	-$6M	-$7M	+19.4%

Revenue Segments

Cashback Rewards

$1M100%

Geographic Segments

UNITED STATES

$37M91%

Non-US

$3M9%