Expensify, Inc. Q4 2023 Earnings Call Results - StockCoin.net (2024)

The article presents the Q4 2023 earnings call results of Expensify, Inc., a publicly traded company listed on NASDAQ under the symbol EXFY. The earnings call presentation, published by Expensify, Inc., provides a comprehensive overview of the company’s financial performance in the fourth quarter of 2023. The presentation offers valuable insights and analysis, enabling investors and stakeholders to gain a deeper understanding of the company’s earnings, growth prospects, and future outlook. This article highlights the importance of the earnings call results and emphasizes the value it brings to investors in making informed investment decisions.

Expensify, Inc. Q4 2023 Earnings Call Results - StockCoin.net (1)

Date and Time

February 24, 2024, 5:58 PM ET

Expensify, Inc. recently conducted their Q4 2023 earnings call, providing insight into their financial performance and future outlook. The call took place on February 24, 2024, at 5:58 PM ET, and shared important information regarding the company’s performance in the last quarter of 2023.

Publication of Slide Deck

Expensify, Inc. published a slide deck in conjunction with their 2023 Q4 earnings call.

Expensify, Inc. made their Q4 2023 earnings call more accessible by publishing a slide deck to accompany the call. This slide deck provided visual representation of the information discussed during the call, allowing participants and investors to better understand the key points and data presented. The slide deck is an important resource for those interested in reviewing the details of the call in a concise and visually appealing format.

PDF Version

The slide deck is available as a PDF file.

The slide deck published by Expensify, Inc. is available as a PDF file, offering a convenient and easily accessible format for readers. This PDF version allows users to view the slide deck on various devices and platforms, making it easier for investors and stakeholders to analyze and interpret the information presented during the earnings call. The availability of a PDF version ensures that interested parties can access the slide deck at their convenience.

Expensify, Inc. Q4 2023 Earnings Call Results - StockCoin.net (2)

Transcript Team

Seeking Alpha’s transcripts team developed the transcript for the earnings call.

The transcript for Expensify, Inc.’s Q4 2023 earnings call was developed by Seeking Alpha’s transcripts team. This skilled and experienced team is responsible for creating accurate and comprehensive transcripts of various earnings calls, including those of Expensify, Inc. By relying on the expertise of Seeking Alpha’s transcripts team, readers can access a reliable and high-quality record of the information shared during the call.

Coverage Expansion

The transcripts team continues to grow and expand their coverage.

Seeking Alpha’s transcripts team is committed to expanding their coverage of earnings calls and other financial events. As the team grows, they are able to provide transcripts for a larger number of companies and ensure a wider range of coverage. This expansion allows investors and other interested parties to access valuable information about the performance and outlook of various companies, including Expensify, Inc.

Profile Purpose

The profile is created to share new transcript-related developments with readers.

The purpose of this profile is to inform readers about new developments in transcripts related to earnings calls. By providing information on the availability of slide decks, the role of Seeking Alpha’s transcripts team, and the expansion of coverage, this profile allows readers to stay up-to-date with the latest advancements in earnings call transcripts. Investors and stakeholders can rely on this profile to access information and insights that can aid in their decision-making processes.

About EXFY Stock

Expensify, Inc. is a prominent company that specializes in expense management and financial software solutions. As a leading provider in this industry, Expensify, Inc. offers innovative tools and services to businesses of all sizes, simplifying the expense reporting process and improving financial management efficiency.

Stock Symbol

EXFY

The stock symbol for Expensify, Inc. is EXFY. This identifier is used to track the performance and trading activity of Expensify, Inc. stock in various financial markets and platforms. Investors and stakeholders can use the EXFY stock symbol to monitor the stock’s price movements, analyze historical data, and make informed investment decisions.

Market Cap

The market capitalization of Expensify, Inc.

Expensify, Inc.’s market capitalization represents the total value of the company’s outstanding shares on the market. It is calculated by multiplying the current stock price by the total number of shares outstanding. The market cap provides an indication of the size and value of the company as perceived by the market. Investors often consider market capitalization as a factor when assessing investment opportunities, as it can reflect the company’s growth potential and overall worth.

In conclusion, Expensify, Inc.’s Q4 2023 earnings call provided valuable insights into the company’s financial performance and future outlook. The publication of a slide deck accompanying the call, along with the availability of a PDF version, enhances accessibility for stakeholders. Seeking Alpha’s transcripts team played a crucial role in developing an accurate transcript of the call, demonstrating their dedication to expanding coverage. The EXFY stock symbol and market capitalization further contribute to investors’ understanding of Expensify, Inc.’s position in the market. With these comprehensive earnings call results, investors and stakeholders can make informed decisions regarding their involvement with Expensify, Inc.

Expensify, Inc. Q4 2023 Earnings Call Results - StockCoin.net (2024)

FAQs

What were the results of expensify q4? ›

Net loss was $7.5 million , an improvement of $9.5 million , or 56%, quarter over quarter. Non-GAAP net income was $3.1 million , an improvement of $9.8 million , or 146%, quarter over quarter. Adjusted EBITDA was $5.9 million , an improvement of $9.4 million , or 265%, quarter over quarter.

Is Expensify undervalued? ›

The intrinsic value of one EXFY stock under the Base Case scenario is 7.1 USD. Compared to the current market price of 1.45 USD, Expensify Inc is Undervalued by 80%.

Is Expensify a good investment? ›

Expensify has 41.51% upside potential, based on the analysts' average price target. Is EXFY a Buy, Sell or Hold? Expensify has a conensus rating of Hold which is based on 1 buy ratings, 3 hold ratings and 1 sell ratings.

Who owns Expensify? ›

Expensify was founded in 2008 by current CEO David Barrett. Barrett, a native of Saginaw, Michigan, and a graduate of the University of Michigan, began programming at the age of six.

What are the predictions for Expensify? ›

Expensify is forecast to grow earnings and revenue by 23.3% and 2.2% per annum respectively. EPS is expected to grow by 26.3% per annum. Return on equity is forecast to be 18.2% in 3 years.

Will Expensify stock go up? ›

Expensify Stock Forecast

The 6 analysts with 12-month price forecasts for Expensify stock have an average target of 4.92, with a low estimate of 2.00 and a high estimate of 8.50. The average target predicts an increase of 218.45% from the current stock price of 1.55.

Why is Expensify stock so low? ›

Expensify Inc (EXFY) Faces Revenue Decline Amid Cost-Cutting Efforts and Platform Expansion.

Why did Expensify stock drop? ›

How Expensify Has Been Performing. Expensify hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average. Perhaps the P/S remains low as investors think the prospects of strong revenue growth aren't on the horizon.

Is there a problem with Expensify today? ›

Current Expensify status is UP.

What app is better than Expensify? ›

Best overall Expensify alternative: Ramp

Ramp is a robust all-in-one financial management platform that aims to eliminate the headaches associated with expense management, including reimbursem*nts, spending, receipt tracking, and reporting (to name a few).

How does Expensify make money? ›

Expensify is free for individual users and primarily makes money from businesses for the subscription fees based on the usage of its expense-reporting cloud-based platform. Expensify charges its customers a subscription fee for access to its platform based on the number of monthly members and level of service.

What are Expensify reports? ›

Expensify's Insights and Custom Reporting feature allows users to quickly access their spend data in an easy and comprehensive way. Users can create graphs and reports to show how much they're spending across different categories, which can help with larger company financial planning and reporting.

What is the net worth of Expensify? ›

Expensify net worth as of April 24, 2024 is $0.11B.

Is Expensify a good company to work for? ›

Expensify.com has an employee rating of 4.7 out of 5 stars, based on 66 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Expensify.com employee rating is 29% above average for employers within the Financial Services industry (3.7 stars).

Why does Expensify take so long? ›

Because our bots like to get it right, they need a bit of extra time to do that. So, when you SmartScan an expense, it can take anywhere from a few minutes to a few hours for your scan to complete, depending on the receipt quality and overall SmartScan volume at that time.

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