Expensify, Inc. (EXFY)

Brightcove Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	141.78	139.24	150.69	169.5	142.84	88.07
Revenue Growth (YoY)	-1.63%	-7.60%	-11.10%	18.67%	62.18%	9.46%
Cost of Revenue	67.49	64.24	66.89	62.67	53.69	32.41
Gross Profit	74.29	75	83.8	106.83	89.14	55.66
Selling, General & Admin	50.74	51.18	93.58	108.37	88.41	43.26
Research & Development	24.07	24.64	23.37	13.69	10.99	6.73
Operating Expenses	74.8	75.82	116.95	122.06	99.39	49.99
Operating Income	-0.51	-0.82	-33.15	-15.23	-10.25	5.67
Interest Expense	-1.57	-1.57	-5.33	-5.41	-3.48	-2.72
Pretax Income	-0.81	-2.39	-38.48	-20.64	-13.73	2.95
Income Tax Expense	8.64	7.66	2.98	6.37	-0.17	4.66
Net Income	-9.44	-10.06	-41.46	-27.01	-13.56	-1.71
Net Income to Common	-9.44	-10.06	-41.46	-27.01	-13.56	-1.71
Shares Outstanding (Basic)	89	87	82	81	38	27
Shares Outstanding (Diluted)	89	87	82	81	38	27
Shares Change (YoY)	6.76%	5.92%	2.11%	112.38%	38.70%	5.80%
EPS (Basic)	-0.11	-0.12	-0.50	-0.33	-0.36	-0.06
EPS (Diluted)	-0.11	-0.12	-0.50	-0.33	-0.36	-0.06
Free Cash Flow	25.21	23.88	0.18	32.29	2.78	5.1
Free Cash Flow Per Share	0.28	0.27	0.00	0.40	0.07	0.19
Gross Margin	52.40%	53.86%	55.61%	63.03%	62.41%	63.20%
Operating Margin	-0.36%	-0.59%	-22.00%	-8.99%	-7.18%	6.44%
Profit Margin	-6.66%	-7.22%	-27.51%	-15.93%	-9.49%	-1.94%
Free Cash Flow Margin	17.78%	17.15%	0.12%	19.05%	1.95%	5.79%
EBITDA	0.36	0.09	-31.29	-12.44	-7.36	7.92
EBITDA Margin	0.25%	0.07%	-20.76%	-7.34%	-5.15%	8.99%
D&A For EBITDA	0.87	0.91	1.86	2.79	2.9	2.25
EBIT	-0.51	-0.82	-33.15	-15.23	-10.25	5.67
EBIT Margin	-0.36%	-0.59%	-22.00%	-8.99%	-7.18%	6.44%
Effective Tax Rate	-	-	-	-	-	157.93%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q