EXFY Q3 2023 Earnings — Expensify, Inc. Revenue & Financial Results | Market Cap Arena

EXFYExpensify, Inc.

$85M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$36M-14.1% YoY

Gross Profit

$19M51.6% margin

Operating Income

-$15M-40.8% margin

Net Income

-$17M-46.6% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$7M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$212M

Total Liabilities

$117M

Stockholders' Equity

$95M

Cash & Equivalents

$89M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$42M	-14.1%
Gross Profit	$19M	$26M	-27.5%
Operating Income	-$15M	-$6M	-160.6%
Net Income	-$17M	-$8M	-106.3%

Revenue Segments

Cashback Rewards

$2M100%

Geographic Segments

UNITED STATES

$33M91%

Non-US

$3M9%