Expensify, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 22, 2024 at 04:30 pm EST
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Expensify, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 35.21 million compared to USD 43.47 million a year ago. Net loss was USD 7.49 million compared to USD 3.4 million a year ago.
Basic loss per share from continuing operations was USD 0.09 compared to USD 0.04 a year ago.
Expensify, Inc. (Expensify) is engaged in offering a cloud-based expense management software platform that helps businesses to simplify the way they manage money. Its platform is used by people in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. It improves the experience of the actual end users of expense management software. It designs Expensify to be easy to set up, integrate, configure, and use from any device, which has enabled it to serve employees of all types and organizations of all sizes, industries, and geographies. It offers simple, transparent, and flexible subscription plans for both individuals and businesses that are completely self-service and payable by credit card. The Company has designed its platform to be used by everyone in an organization, from employees to managers to the finance department. Its individual subscriptions include its track and submit plans.
EXPENSIFY, INC. 
