Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that offers corporate card management, bills payment, invoice generation, payment collection, and travel booking services, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises. The company was founded in 2008 and is based in San Francisco, California.
Future Trajectory | Analysts project modest growth with EPS estimates of $0.23 in 2024, $0.11 in 2025, and $0.22 in 2026, while JMP Securities maintains a Market Perform rating with a previous $3.25 price target |
Market Dynamics | Explore Expensify's position in a fiercely competitive landscape, battling against well-funded rivals while striving to differentiate its offerings in the travel and expense management secto |
Strategic Pivot | Delve into Expensify's launch of new products, including Expensify Travel and enhanced card offerings, aimed at diversifying revenue streams and boosting user engagement |
Financial Headwinds | Expensify faces revenue decline and user base contraction, yet maintains strong cost management with a 54.45% gross profit margin and improved free cash flow guidance |
Metrics to compare | EXFY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipEXFYPeersSector | |
|---|---|---|---|---|
P/E Ratio | −8.3x | −3.8x | 12.4x | |
PEG Ratio | −1.02 | 0.00 | 0.01 | |
Price / Book | 1.0x | 2.7x | 2.4x | |
Price / LTM Sales | 0.9x | 3.8x | 2.4x | |
Upside (Analyst Target) | 41.8% | 49.2% | 21.7% | |
Fair Value Upside | Unlock | 25.0% | 4.2% | Unlock |