Expensify Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	63.08	48.77	47.51	103.79	98.4
Cash & Short-Term Investments	63.08	48.77	47.51	103.79	98.4
Cash Growth	29.34%	2.66%	-54.22%	5.48%	186.03%
Accounts Receivable	12.62	12.7	13.83	16.45	15.72
Other Receivables	-	0.43	2.99	2.47	5.41
Receivables	12.62	13.13	16.83	18.92	21.15
Prepaid Expenses	5.59	12.09	5.65	8.83	7.44
Restricted Cash	-	29.65	27.48	30	21.35
Other Current Assets	71.72	33.24	39.77	25.58	9.31
Total Current Assets	153.01	136.88	137.23	187.12	157.64
Property, Plant & Equipment	17.75	19.06	20.81	15.24	18.13
Other Intangible Assets	13.6	16.23	12.49	6.88	6.36
Long-Term Deferred Tax Assets	0.49	0.5	0.46	0.34	0.37
Other Long-Term Assets	1.15	1.01	5.79	0.66	0.71
Total Assets	185.99	173.68	176.78	210.24	183.21
Accounts Payable	0.29	0.2	1.43	1.06	3.75
Accrued Expenses	17.89	5.13	5.49	7.38	9.77
Short-Term Debt	-	-	15	15	15
Current Portion of Long-Term Debt	-	-	7.66	0.55	0.55
Current Portion of Leases	0.68	0.73	0.43	0.8	1.55
Current Income Taxes Payable	-	0.93	0.84	-	-
Other Current Liabilities	27.55	31.02	37.05	35.57	22.95
Total Current Liabilities	46.41	38.01	67.89	60.36	53.58
Long-Term Debt	-	-	-	51.43	52.07
Long-Term Leases	5.06	5.74	6.47	-	0.8
Other Long-Term Liabilities	1.78	1.69	1.68	1.2	0.15
Total Liabilities	53.24	45.44	76.04	113	106.6
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	304.95	279.06	241.51	194.81	142.52
Retained Earnings	-172.22	-150.83	-140.77	-97.57	-65.91
Total Common Equity	132.75	128.24	100.74	97.24	76.62
Shareholders' Equity	132.75	128.24	100.74	97.24	76.62
Total Liabilities & Equity	185.99	173.68	176.78	210.24	183.21
Total Debt	5.74	6.47	29.55	67.79	69.97
Net Cash (Debt)	57.34	42.31	17.96	36	28.43
Net Cash Growth	35.54%	135.60%	-50.13%	26.63%	-
Net Cash Per Share	0.62	0.48	0.22	0.45	0.75
Filing Date Shares Outstanding	93.11	91.41	85.21	82.47	81.58
Total Common Shares Outstanding	93.06	91.38	85.23	82.43	81.4
Working Capital	106.6	98.87	69.34	126.75	104.07
Book Value Per Share	1.43	1.40	1.18	1.18	0.94
Tangible Book Value	119.15	112.01	88.25	90.36	70.26
Tangible Book Value Per Share	1.28	1.23	1.04	1.10	0.86
Land	-	4.15	4.15	4.15	4.15
Buildings	-	6.49	6.49	6.49	6.49
Machinery	-	2.1	2.1	1.88	1.77
Construction In Progress	-	2.57	2.57	2.55	2.39
Leasehold Improvements	-	7.94	7.94	6.95	7.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q