Loading...
•
Dec 31, 2022
Expensify Q4 2022 Earnings Report
Expensify reported strong positive operating cash flow and revenue increase.
Key Takeaways
Expensify announced its Q4 and full year fiscal 2022 results, demonstrating strong positive operating cash flow of $32.9 million on $169.5 million in revenue, a 19% increase compared to the same period last year. The company had a net loss of $3.4 million for the quarter, but a non-GAAP net income of $7.1 million.
Revenue was $43.5 million.
Generated $6.6 million cash provided by operating activities and $6.0 million of free cash flow.
Net loss was $3.4 million, compared to $21.9 million for the same period last year.
Interchange derived from the Expensify Card grew to $2.0 million, an increase of 91% compared to the same period last year.
Revenue by Segment
Forward Guidance
Expensify reaffirms its long term guidance provided in connection with its fourth quarter 2021 results of 25-35% revenue growth over a multi-year period, which assumes an eventual return to normalcy of the world economy.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...