JMP Securities downgraded Expensify from Mkt Outperform to Mkt Perform

JMP Securities upgraded Expensify from Mkt Perform to Mkt Outperform and set a new price target of $2.50

Morgan Stanley upgraded Expensify from Underweight to Equal-Weight

JP Morgan initiated coverage of Expensify with a rating of Underweight

JMP Securities downgraded Expensify from Mkt Outperform to Mkt Perform

Loop Capital downgraded Expensify from Buy to Hold and set a new price target of $6.00 from $9.00 previously

Morgan Stanley upgraded Expensify from Underweight to Equal-Weight and set a new price target of $5.00 from $9.00 previously

BMO Capital Markets downgraded Expensify from Outperform to Market Perform and set a new price target of $8.50 from $12.00 previously

Morgan Stanley initiated coverage of Expensify with a rating of Equal-Weight and set a new price target of $9.00

Lake Street initiated coverage of Expensify with a rating of Buy and set a new price target of $12.00

Interchange derived from the Expensify Card grew to $4.6 million, an increase of 48% as compared to the same period last year Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended September 30, 2024. A Message From Our Founder I'm happy to report that Q3'24 has extended and expanded upon the strong results of the previous two quarters: Our core business has remained stable. Though we're still catching up to last year's paid users and revenue (s

Join Expensify's earnings call on Thursday, November 7, 2024 at 2pm PT / 5pm ET Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q3 financial results will be released after market close on Thursday, November 7th, 2024. Expensify will host a call to discuss its Q3 results on Thursday, November 7th, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to th

Interchange derived from the Expensify Card grew to $4.0 million, an increase of 48% as compared to the same period last year. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended June 30, 2024. A Message From Our Founder I'm extremely pleased with how well Q2 has extended Q1's achievements and improved upon them further: Our core business has been stabilize, with increasing cash flow. Revenue and paid users are within 1% of last quarter –

Join Expensify's earnings call on Thursday, August 8, 2024 at 2pm PT / 5pm ET. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q2 financial results will be released after market close on Thursday, August 8, 2024. Expensify will host a call to discuss its Q2 results on Thursday, August 8, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to their cal

Expensify Card interchange grew to $3.5 million, Operating cash flow was $3.5 million and Free cash flow was $5.2 million. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended March 31, 2024. A Message From Our Founder Q1'24 was a great start to the year. We are back to strong Operating cash flow and Free cash flow profitability, producing our best quarterly Free cash flow since Q1 of last year, and we are also increasing our full-year guidan

Join Expensify's earnings call on Thursday, May 9th at 2pm PT / 5pm ET Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q1 financial results will be released after market close on Thursday, May 9th, 2024. Expensify will host a call to discuss its Q1 results on Thursday, May, 9th 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to their calendars.

Interchange derived from the Expensify Card grew to $11.1 million, an increase of 63% compared to the prior year. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter and year ended December 31, 2023. A Message From Our Founder Here's how I see it: The same brisk sales and low churn we saw in 2022 has continued into 2023, and we have implemented a number of cost-cutting measures that we believe will pay off in 2024. However, the difficult ma

Join Expensify's earnings call on Thursday, February 22nd at 2pm PT / 5pm ET Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q4 and full year fiscal 2023 financial results will be released after market close on Thursday, February 22nd, 2024. Expensify will host a call to discuss its Q4 and full year fiscal 2023 results on Thursday, February, 22nd 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested

Interchange derived from the Expensify Card grew to $3.1 million, an increase of 65% as compared to the same period last year. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended September 30, 2023. A Message From Our Founder This was a challenging quarter, but I am happy to share that we are trimming costs – which should improve profitability for years to come – and we are making great strides with our SEM, SEO, and overall conversion optim

Join Expensify's earnings call on Tuesday, November 7th at 2pm PT / 5pm ET. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q3 2023 financial results will be released after market close on Tuesday, November 7th, 2023. Expensify will host a call to discuss its Q3 2023 results on Tuesday, November 7th, 2023 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event

Interchange derived from the Expensify Card grew to $4.6 million, an increase of 48% as compared to the same period last year Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended September 30, 2024. A Message From Our Founder I'm happy to report that Q3'24 has extended and expanded upon the strong results of the previous two quarters: Our core business has remained stable. Though we're still catching up to last year's paid users and revenue (s

Join Expensify's earnings call on Thursday, November 7, 2024 at 2pm PT / 5pm ET Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q3 financial results will be released after market close on Thursday, November 7th, 2024. Expensify will host a call to discuss its Q3 results on Thursday, November 7th, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to th

The company announced it has paid off all debts ($22.6 million) and completed a buyback of 645,938 shares. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, announced today that the company paid down the balance of its revolving line of credit ($15 million), paid off the mortgage on its headquarters in downtown Portland, OR, ($7.6 million) and repurchased 645,938 shares of its Class A common stock from its founder. The company still retains access to $24 million in a revolving line of credit if needed, but has otherwise cleared the debt from its balance sh

Interchange derived from the Expensify Card grew to $4.0 million, an increase of 48% as compared to the same period last year. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended June 30, 2024. A Message From Our Founder I'm extremely pleased with how well Q2 has extended Q1's achievements and improved upon them further: Our core business has been stabilize, with increasing cash flow. Revenue and paid users are within 1% of last quarter –

Join Expensify's earnings call on Thursday, August 8, 2024 at 2pm PT / 5pm ET. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q2 financial results will be released after market close on Thursday, August 8, 2024. Expensify will host a call to discuss its Q2 results on Thursday, August 8, 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to their cal

The spend management platform has added enhanced virtual card controls to manage all your company spend Expensify, Inc. (NASDAQ:EXFY), the financial management super app for expenses and corporate cards, today announced unlimited virtual cards with the Expensify Visa® Commercial Card. With this addition to the platform, Expensify empowers businesses to take control of their spending with unparalleled flexibility and precision. Expensify members can now issue an unlimited number of virtual cards, providing unmatched flexibility in managing expenses across employees and merchants. This precision empowers businesses to manage both one-time and recurring expenses on one platform. The new

Expensify Card interchange grew to $3.5 million, Operating cash flow was $3.5 million and Free cash flow was $5.2 million. Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today released a letter to shareholders from Founder and CEO David Barrett alongside results for its quarter ended March 31, 2024. A Message From Our Founder Q1'24 was a great start to the year. We are back to strong Operating cash flow and Free cash flow profitability, producing our best quarterly Free cash flow since Q1 of last year, and we are also increasing our full-year guidan

Expensify Travel will begin rolling out to customers next week on the expense management company's next-gen platform, New Expensify. Expensify, Inc. (NASDAQ:EXFY), the financial management super app for expenses and corporate cards, today announced the upcoming launch of their new travel platform: Expensify Travel. Expensify has partnered with Spotnana to create a new robust travel offering in Expensify, built on top of Spotnana's cloud-based Travel-as-a-Service platform. "Book your trip in minutes, we'll handle the rest. We've made it effortless for members to search and book flights, hotels, cars, and trains — all at the most competitive rates available," said David Barrett, Expensify

New Expensify uses enterprise-grade receipt scanning and distance tracking to capture emerging SMBs at their earliest stages and provide an upgrade path for future growth. Expensify, Inc. (NASDAQ:EXFY), the financial management superapp for expenses and corporate cards, today announced that expense tracking for self-employed professionals is now available in its next-gen New Expensify platform. The upgrade makes it easier than ever for self-employed professionals to track all types of business spend – as receipts, mileage, or manual amounts – in one place. They can then categorize the expenses and share them with their accountant for tax purposes, all in the same app. "A huge portion of

Join Expensify's earnings call on Thursday, May 9th at 2pm PT / 5pm ET Expensify, Inc. (NASDAQ:EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q1 financial results will be released after market close on Thursday, May 9th, 2024. Expensify will host a call to discuss its Q1 results on Thursday, May, 9th 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the company's Investor Relations website at investors.expensify.com. Prior to the call, interested parties can visit the website to add the event to their calendars.