EXFY Q1 2024 Earnings — Expensify, Inc. Revenue & Financial Results | Market Cap Arena

EXFYExpensify, Inc.

$85M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$34M-16.4% YoY

Gross Profit

$19M56.5% margin

Operating Income

-$2M-5.3% margin

Net Income

-$4M-11.3% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$642,000

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$185M

Total Liabilities

$78M

Stockholders' Equity

$107M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$40M	-16.4%
Gross Profit	$19M	$24M	-22.1%
Operating Income	-$2M	-$3M	+33.7%
Net Income	-$4M	-$6M	+36.4%

Geographic Segments

UNITED STATES

$31M91%

Non-US

$3M9%