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Expensify (EXFY)
NASDAQ:EXFY
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 10.25%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue and free cash flow growth, successful debt elimination, and advances in AI and product offerings such as the Expensify Card. Despite reporting a net loss and anticipating macroeconomic challenges, the company's financial and strategic progress reflects an overall positive trajectory.Company Guidance
In the Q4 2024 earnings call, Expensify provided guidance for 2025, projecting initial free cash flow of $16 million to $20 million, which marks a significant increase from the previous year's guidance of $10 million to $12 million. The company attributed this growth to better overall performance in 2024, along with efficiency improvements driven by AI. Expensify also highlighted the successful migration of its card program, noting an 11% quarter-over-quarter increase in Expensify card growth to $5.1 million and a 54% year-over-year increase in interchange to $17.2 million. Despite a net loss of $1.3 million in Q4, the non-GAAP net income was $8.7 million, and adjusted EBITDA was $12.4 million. The company emphasized a conservative approach to its 2025 guidance, considering macroeconomic uncertainties, but expressed confidence in hitting the projected numbers.Revenue Growth
Revenue was $37 million for Q4 2024, marking a 5% increase both quarter-over-quarter and year-over-year. Fiscal year 2024 revenue was $139.2 million.
Interchange Growth
Interchange revenue was $5.1 million in Q4 2024, a 62% increase year-over-year. Fiscal year 2024 interchange was $17.2 million, with a 54% year-on-year growth.
Free Cash Flow Surge
Q4 2024 free cash flow was $6.3 million, a 272% increase year-on-year. Fiscal year 2024 free cash flow was $23.9 million, a 4,200% increase year-on-year.
Debt Elimination
The company paid down $22.7 million of debt and is now debt-free.
Expensify Card and AI Innovations
Expensify Card grew 11% quarter on quarter. AI innovations improved operational efficiency, notably reducing SmartScan costs and enhancing customer support via concierge.
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EXFY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EXFY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $3.22 | $3.88 | +20.50% |
| Nov 07, 2024 | $1.98 | $2.45 | +23.74% |
| Aug 08, 2024 | $1.54 | $2.10 | +36.36% |
| May 09, 2024 | $1.78 | $1.77 | -0.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Expensify (EXFY) report earnings?
Expensify (EXFY) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Expensify (EXFY) earnings time?
Expensify (EXFY) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXFY EPS forecast?
EXFY EPS forecast for the fiscal quarter 2025 (Q1) is 0.06.
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