Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to roll in, as buy now, pay later (BNPL) continued to make a splash.
Expensify's Q3 2024 results show declining revenue but improved free cash flow guidance. The global expense and travel management software market is projected to grow significantly, driven by mobile device use, cost reduction demands, and AI technologies. Despite stable gross margins and reduced SG&A costs, Expensify's revenue growth remains challenged, with a focus on transitioning to its Plat...
Expensify, Inc. (NASDAQ:EXFY ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Anuradha Muralidharan - Chief Operating Officer David Barrett - Chief Executive Officer Conference Call Participants Aaron Kimson - JMP Securities LLC Steven Enders - Citigroup Inc. Eric Martinuzzi - Lake Street Capital Markets Operator Good afternoon, and welcome to Expensify's Q3 2...
PORTLAND, Ore.--(BUSINESS WIRE)--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 ...
PORTLAND, Ore.--(BUSINESS WIRE)--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 mi...
Expensify's latest Q2 2024 EBITDA and bottom line came in +60% and +62% higher than their respective consensus estimates. EXFY boasts a positive outlook, taking into account new revenue growth engines and the upward revision in its cash flow guidance. My Buy rating for Expensify stays unchanged, as the stock is attractively valued based on the PEG metric.
Expensify, Inc. (NASDAQ:EXFY ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Ryan Schaffer - Chief Financial Officer David Barrett - Founder & Chief Executive Officer Conference Call Participants Aaron Kimpson - JMP Ryan Schaffer Welcome to the Q2 2024 Expensify Earnings. I'm Expensify CFO, Ryan Schaffer, and with me I have our, Co-Founder and CEO -- I'm sorry,...
Navigating today's market where mega- and large-cap tech darlings are giving up recent gains can feel like walking a tightrope. But experienced investors know that there's always a bull market in some asset class, such as small-cap stock picks.
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