# Expensify, Inc. (EXFY)
Expensify operates a cloud-based expense management platform that enables individuals and organizations to automate spend tracking, reporting, and reimbursement workflows. The platform's core functionality includes receipt scanning and expense categorization, corporate card management, invoice generation and payment collection, bills payment processing, and travel booking integration. The software serves multiple customer segments spanning individual users, small and mid-market businesses, and enterprise organizations.
The company's platform consolidates expense-related financial processes into a unified system, reducing manual administrative work associated with traditional expense reporting and approval cycles. Its feature set extends beyond basic expense tracking to encompass accounts payable functions, allowing clients to streamline both employee reimbursement and vendor payment operations.
Based in San Francisco, California, Expensify maintains a lean operational footprint with approximately 115 full-time employees. The company was founded in 2008 and is incorporated in Delaware, trading on the Nasdaq exchange. Its customer base spans both domestic and international markets, though the United States represents its primary operating region.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.23 | $-0.23 | -91.7% | |
| 2024 | $-0.12 | $-0.12 | +76.0% | |
| 2023 | $-0.50 | $-0.50 | -51.5% | |
| 2022 | $-0.33 | $-0.33 | +8.3% | |
| 2021 | $-0.36 | $-0.36 | — |