Expensify (EXFY) Expected to Announce Earnings on Thursday

by · The Markets Daily

Expensify (NASDAQ:EXFY – Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect Expensify to post earnings of $0.06 per share and revenue of $36.41 million for the quarter.

Expensify Price Performance

Shares of NASDAQ EXFY opened at $2.87 on Wednesday. Expensify has a one year low of $1.24 and a one year high of $4.13. The business’s 50-day moving average price is $3.08 and its two-hundred day moving average price is $3.16. The company has a market capitalization of $230.52 million, a P/E ratio of -15.93 and a beta of 1.86.

Expensify announced that its Board of Directors has approved a stock buyback plan on Thursday, February 27th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to buy up to 20.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other Expensify news, CEO David Michael Barrett sold 45,643 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $3.68, for a total transaction of $167,966.24. Following the completion of the transaction, the chief executive officer now owns 2,026,590 shares of the company’s stock, valued at $7,457,851.20. The trade was a 2.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel Vidal sold 9,000 shares of the company’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $3.15, for a total transaction of $28,350.00. Following the sale, the director now owns 232,428 shares of the company’s stock, valued at $732,148.20. This trade represents a 3.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 280,921 shares of company stock valued at $886,854 over the last quarter. Insiders own 17.33% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital raised their price objective on shares of Expensify from $3.00 to $5.00 and gave the company a “buy” rating in a research report on Friday, February 28th.

Read Our Latest Report on EXFY

Expensify Company Profile

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Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.

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