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EXFY
Upturn stock ratingUpturn stock rating

Expensify Inc (EXFY)

Upturn stock ratingUpturn stock rating
$2.59
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

06/30/2025: EXFY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $4

1 Year Target Price $4

Analysts Price Target For last 52 week
$4Target price
Low$1.41
Current$2.59
high$4.13

Analysis of Past Performance

Type Stock
Historic Profit -42.37%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 235.63M USD
Price to earnings Ratio -
1Y Target Price 4
Price to earnings Ratio -
1Y Target Price 4
Volume (30-day avg) 5
Beta 1.69
52 Weeks Range 1.41 - 4.13
Updated Date 06/29/2025
52 Weeks Range 1.41 - 4.13
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.11

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-06-13
When After Market
Estimate 0.05
Actual 0.053

Profitability

Profit Margin -6.66%
Operating Margin (TTM) -4.12%

Management Effectiveness

Return on Assets (TTM) -0.17%
Return on Equity (TTM) -7.83%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 180448733
Price to Sales(TTM) 1.66
Enterprise Value 180448733
Price to Sales(TTM) 1.66
Enterprise Value to Revenue 1.27
Enterprise Value to EBITDA 26.3
Shares Outstanding 80399800
Shares Floating 58055917
Shares Outstanding 80399800
Shares Floating 58055917
Percent Insiders 24.41
Percent Institutions 39.87

Analyst Ratings

Rating 3
Target Price 4
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Expensify Inc

stock logo

Company Overview

overview logo History and Background

Expensify, Inc. was founded in 2008 by David Barrett. It initially focused on providing expense management solutions for small businesses and has since evolved to serve larger enterprises. Expensify became a public company via IPO on November 10, 2021.

business area logo Core Business Areas

  • Expense Management: Expensify's core offering is its expense management software, automating expense reporting, receipt scanning, and reimbursement processes.
  • Corporate Cards: Expensify offers corporate cards that integrate with its expense management platform, providing real-time expense tracking and control.

leadership logo Leadership and Structure

David Barrett is the founder and CEO. The company has a typical corporate structure with departments like engineering, sales, marketing, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Expensify Expense Management Platform: Expensify's main product is its expense management software. Market share is estimated to be in the mid-single digits. They have over 60,000 customers. Competitors include SAP Concur, Intuit QuickBooks, and Zoho Expense.
  • Expensify Card: The Expensify Card is a corporate card integrated with the expense management platform. Competitors include Ramp, Brex, and American Express.

Market Dynamics

industry overview logo Industry Overview

The expense management software industry is competitive and growing, driven by the need for businesses to automate and streamline expense processes. The industry is influenced by SaaS business models and integrations with accounting and ERP systems.

Positioning

Expensify is positioned as a user-friendly, cloud-based expense management solution that caters to both small businesses and larger enterprises. Their competitive advantage lies in the integration of their expense management platform with their corporate card offering.

Total Addressable Market (TAM)

The total addressable market for expense management software is estimated to be billions of dollars. Expensify is positioned to capture a segment of this market by focusing on SMBs and enterprises seeking integrated solutions.

Upturn SWOT Analysis

Strengths

  • User-friendly interface
  • Integrated expense management and corporate card offering
  • Strong brand recognition in the SMB market
  • Automated expense reporting capabilities

Weaknesses

  • Relatively smaller market share compared to larger competitors
  • Dependence on a single core product (expense management)
  • Limited international presence compared to global competitors
  • Profitability concerns.

Opportunities

  • Expanding into new markets and geographies
  • Developing new product features and integrations
  • Targeting larger enterprise clients
  • Leveraging AI and machine learning to enhance expense automation.

Threats

  • Intense competition from established players like SAP Concur and Intuit QuickBooks
  • Economic downturn impacting business spending
  • Data security and privacy concerns
  • Changes in regulatory requirements affecting expense reporting.

Competitors and Market Share

competitor logo Key Competitors

  • SAP (SAP)
  • INTU (INTU)
  • ADBE (ADBE)

Competitive Landscape

Expensify competes with larger, more established players like SAP Concur and Intuit QuickBooks. Expensify's advantages include its user-friendly interface and integrated corporate card. Its disadvantages include its smaller market share and limited international presence.

Growth Trajectory and Initiatives

Historical Growth: Expensify has experienced growth in revenue and user base since its founding. However, profitability has been a challenge.

Future Projections: Analyst estimates for Expensify's future growth vary depending on the source. Factors influencing growth include new customer acquisition, product innovation, and market expansion.

Recent Initiatives: Recent initiatives by Expensify include focusing on enterprise sales, enhancing its corporate card offering, and improving its expense automation capabilities.

Summary

Expensify is a cloud-based expense management software company. It offers automated expense reporting and is easy to use. However, it needs to compete with larger companies and improve it's profitability. Expensify needs to expand into new markets and focus on enterprise sales to solidify their position.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Analyst Estimates
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be construed as financial advice. Market share estimates are approximate and may vary depending on the source. Financial data is based on the latest available information and may be subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Expensify Inc

Exchange NASDAQ
Headquaters Portland, OR, United States
IPO Launch date 2021-11-10
Founder, CEO, President & Director Mr. David Barrett
Sector Technology
Industry Software - Application
Full time employees 115
Full time employees 115

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 Portland, Oregon.