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EXPENSIFY INC - A (EXFY) Stock Fundamental Analysis

NASDAQ:EXFY - US30219Q1067 - Common Stock

1.96 USD
+0.01 (+0.51%)
Last: 8/29/2025, 5:20:01 PM
2.0066 USD
+0.05 (+2.38%)
After Hours: 8/29/2025, 5:20:01 PM
Fundamental Rating

4

Taking everything into account, EXFY scores 4 out of 10 in our fundamental rating. EXFY was compared to 282 industry peers in the Software industry. No worries on liquidiy or solvency for EXFY as it has an excellent financial health rating, but there are worries on the profitability. EXFY has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

In the past year EXFY was profitable.
In the past year EXFY had a positive cash flow from operations.
EXFY had negative earnings in each of the past 5 years.
EXFY had a positive operating cash flow in each of the past 5 years.
EXFY Yearly Net Income VS EBIT VS OCF VS FCFEXFY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 20M -20M -40M

1.2 Ratios

With a Return On Assets value of -8.91%, EXFY is not doing good in the industry: 60.64% of the companies in the same industry are doing better.
EXFY has a Return On Equity (-12.06%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA -8.91%
ROE -12.06%
ROIC N/A
ROA(3y)-14.02%
ROA(5y)-10.29%
ROE(3y)-25.59%
ROE(5y)-21.32%
ROIC(3y)N/A
ROIC(5y)N/A
EXFY Yearly ROA, ROE, ROICEXFY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 -10 -20 -30 -40

1.3 Margins

Looking at the Gross Margin, with a value of 51.26%, EXFY is doing worse than 67.02% of the companies in the same industry.
EXFY's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for EXFY so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 51.26%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.78%
GM growth 5Y-2.22%
EXFY Yearly Profit, Operating, Gross MarginsEXFY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

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7

2. Health

2.1 Basic Checks

EXFY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for EXFY has been increased compared to 1 year ago.
EXFY has more shares outstanding than it did 5 years ago.
EXFY has a better debt/assets ratio than last year.
EXFY Yearly Shares OutstandingEXFY Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
EXFY Yearly Total Debt VS Total AssetsEXFY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

An Altman-Z score of 2.47 indicates that EXFY is not a great score, but indicates only limited risk for bankruptcy at the moment.
EXFY has a Altman-Z score (2.47) which is in line with its industry peers.
EXFY has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
The Debt to FCF ratio of EXFY (0.01) is better than 82.62% of its industry peers.
EXFY has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EXFY (0.00) is better than 67.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 2.47
ROIC/WACCN/A
WACC11.43%
EXFY Yearly LT Debt VS Equity VS FCFEXFY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M 100M

2.3 Liquidity

EXFY has a Current Ratio of 3.60. This indicates that EXFY is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.60, EXFY belongs to the best of the industry, outperforming 81.21% of the companies in the same industry.
EXFY has a Quick Ratio of 3.60. This indicates that EXFY is financially healthy and has no problem in meeting its short term obligations.
EXFY has a Quick ratio of 3.60. This is amongst the best in the industry. EXFY outperforms 81.21% of its industry peers.
Industry RankSector Rank
Current Ratio 3.6
Quick Ratio 3.6
EXFY Yearly Current Assets VS Current LiabilitesEXFY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 50M 100M 150M

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4

3. Growth

3.1 Past

EXFY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 228.07%, which is quite impressive.
The Revenue has been growing slightly by 4.14% in the past year.
The Revenue has been growing by 11.58% on average over the past years. This is quite good.
EPS 1Y (TTM)228.07%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)4.14%
Revenue growth 3Y-0.84%
Revenue growth 5Y11.58%
Sales Q2Q%7.44%

3.2 Future

EXFY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.33% yearly.
The Revenue is expected to grow by 5.30% on average over the next years.
EPS Next Y-29.16%
EPS Next 2Y-3.12%
EPS Next 3Y3.33%
EPS Next 5YN/A
Revenue Next Year2.87%
Revenue Next 2Y2.72%
Revenue Next 3Y5.3%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
EXFY Yearly Revenue VS EstimatesEXFY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M
EXFY Yearly EPS VS EstimatesEXFY Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.2 0.4 0.6 0.8

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6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 10.32, the valuation of EXFY can be described as reasonable.
EXFY's Price/Earnings ratio is rather cheap when compared to the industry. EXFY is cheaper than 89.72% of the companies in the same industry.
EXFY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.17.
With a Price/Forward Earnings ratio of 8.13, the valuation of EXFY can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EXFY indicates a rather cheap valuation: EXFY is cheaper than 93.97% of the companies listed in the same industry.
EXFY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.78.
Industry RankSector Rank
PE 10.32
Fwd PE 8.13
EXFY Price Earnings VS Forward Price EarningsEXFY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

EXFY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. EXFY is cheaper than 95.04% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.91
EV/EBITDA N/A
EXFY Per share dataEXFY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.12%
EPS Next 3Y3.33%

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0

5. Dividend

5.1 Amount

EXFY does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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EXPENSIFY INC - A

NASDAQ:EXFY (8/29/2025, 5:20:01 PM)

After market: 2.0066 +0.05 (+2.38%)

1.96

+0.01 (+0.51%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)08-07 2025-08-07/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners40.52%
Inst Owner Change6.65%
Ins Owners16.56%
Ins Owner Change3.13%
Market Cap181.59M
Analysts78.18
Price Target3.23 (64.8%)
Short Float %4.74%
Short Ratio3.3
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-100.68%
Min EPS beat(2)-175.41%
Max EPS beat(2)-25.95%
EPS beat(4)2
Avg EPS beat(4)-37.54%
Min EPS beat(4)-175.41%
Max EPS beat(4)45.41%
EPS beat(8)4
Avg EPS beat(8)-48.3%
EPS beat(12)5
Avg EPS beat(12)-45.28%
EPS beat(16)7
Avg EPS beat(16)-55.65%
Revenue beat(2)0
Avg Revenue beat(2)-2.95%
Min Revenue beat(2)-3.18%
Max Revenue beat(2)-2.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.35%
Min Revenue beat(4)-3.18%
Max Revenue beat(4)1.36%
Revenue beat(8)1
Avg Revenue beat(8)-4.11%
Revenue beat(12)1
Avg Revenue beat(12)-5.39%
Revenue beat(16)3
Avg Revenue beat(16)-4.2%
PT rev (1m)-20.83%
PT rev (3m)-29.63%
EPS NQ rev (1m)-12.18%
EPS NQ rev (3m)11.56%
EPS NY rev (1m)-14.51%
EPS NY rev (3m)-19.96%
Revenue NQ rev (1m)-3.13%
Revenue NQ rev (3m)-4.29%
Revenue NY rev (1m)-2.15%
Revenue NY rev (3m)-2.15%
Valuation
Industry RankSector Rank
PE 10.32
Fwd PE 8.13
P/S 1.26
P/FCF 8.91
P/OCF 7.32
P/B 1.42
P/tB 1.62
EV/EBITDA N/A
EPS(TTM)0.19
EY9.69%
EPS(NY)0.24
Fwd EY12.31%
FCF(TTM)0.22
FCFY11.22%
OCF(TTM)0.27
OCFY13.66%
SpS1.56
BVpS1.38
TBVpS1.21
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.91%
ROE -12.06%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 51.26%
FCFM 14.13%
ROA(3y)-14.02%
ROA(5y)-10.29%
ROE(3y)-25.59%
ROE(5y)-21.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.78%
GM growth 5Y-2.22%
F-Score6
Asset Turnover0.83
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Debt/EBITDA N/A
Cap/Depr 56.82%
Cap/Sales 3.07%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.6
Quick Ratio 3.6
Altman-Z 2.47
F-Score6
WACC11.43%
ROIC/WACCN/A
Cap/Depr(3y)98%
Cap/Depr(5y)114.53%
Cap/Sales(3y)3.87%
Cap/Sales(5y)4.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)228.07%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next Y-29.16%
EPS Next 2Y-3.12%
EPS Next 3Y3.33%
EPS Next 5YN/A
Revenue 1Y (TTM)4.14%
Revenue growth 3Y-0.84%
Revenue growth 5Y11.58%
Sales Q2Q%7.44%
Revenue Next Year2.87%
Revenue Next 2Y2.72%
Revenue Next 3Y5.3%
Revenue Next 5YN/A
EBIT growth 1Y50.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year16.46%
EBIT Next 3Y16.73%
EBIT Next 5YN/A
FCF growth 1Y127.68%
FCF growth 3YN/A
FCF growth 5Y16.66%
OCF growth 1Y91.88%
OCF growth 3Y63.23%
OCF growth 5Y13.95%