EXFY Q2 2023 Earnings — Expensify, Inc. Revenue & Financial Results | Market Cap Arena

EXFYExpensify, Inc.

$85M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$39M-9.9% YoY

Gross Profit

$22M56.5% margin

Operating Income

-$10M-24.6% margin

Net Income

-$11M-29.1% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

-$587,000

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$212M

Total Liabilities

$113M

Stockholders' Equity

$100M

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$43M	-9.9%
Gross Profit	$22M	$27M	-19.5%
Operating Income	-$10M	-$4M	-140.6%
Net Income	-$11M	-$8M	-41.4%

Revenue Segments

Cashback Rewards

$2M100%

Geographic Segments

UNITED STATES

$35M91%

Non-US

$3M9%