Expensify, Inc. (EXFY) Q4 2025 Earnings Call Transcript
Expensify, Inc. ( EXFY ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Ryan Schaffer - CFO & Director Niki Wallroth David Barrett - Founder, CEO, President & Director Conference Call Participants George Michael Kurosawa - Citigroup Inc., Research Division Aaron Kimson - Citizens JMP Securities, LLC, Research Division Presentation Ryan Schaffer CFO & Director Welcome to the Expensify Q3 2025 Earnings. I'm CFO, Ryan Schaffer.
Expensify offers value as a small-cap stock with a depressed share price and improving fundamentals, despite recent market weakness. EXFY trades at a bargain 5.7x EV/FY25 FCF, significantly lower than large-cap tech peers, making it attractive for value-focused investors. The company is simplifying pricing and enhancing AI features to drive user adoption and reverse membership declines, supporting its growth outlook.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JC Joseph Castro Nuveen LLC | 77,657 | $201,132 | $99,400.96 | -$101,731.04 | -50.58% |
| BA Bobby Adusumilli SJS Investment Consulting Inc. | 3 | $4.53 | $3.84 | -$0.69 | -15.23% |
| AI Ana-Maria Ignat Covestor Ltd | 1,567 | $2,896.91 | $1,974.42 | -$922.49 | -31.84% |
MICHAEL DE LUZ Williams & Novak, LLC | 64,250 | $88,689.41 | $82,240 | -$6,449.41 | -7.27% |
| SAM Smartleaf Asset Management LLC Smartleaf Asset Management LLC | 25 | $21 | $32 | $11 | 52.38% |
| Software Industry | Information Technology Sector | David Barrett CEO | NASDAQ (NGS) Exchange | 30219Q106 CUSIP |
| US Country | 117 Employees | - Last Dividend | - Last Split | 10 Nov 2021 IPO Date |
Expensify, Inc. is a leader in providing innovative cloud-based expense management solutions for a wide range of users, from individual freelancers and small businesses to large corporations and enterprises. With a global reach, Expensify offers a comprehensive suite of tools designed to streamline financial processes and improve the efficiency of managing expenses. Founded in 2008 and headquartered in Portland, Oregon, Expensify has swiftly grown to become an essential service for users seeking a reliable and efficient method to control their company finances.
Expensify's platform encompasses several key features and services tailored to meet the diverse needs of its users: