Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that offers corporate card management, bills payment, invoice generation, payment collection, and travel booking services, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises. The company was founded in 2008 and is based in Portland, Oregon.
Revenue Challenges | Explore Expensify's struggle with declining revenues and user base, highlighting the company's efforts to streamline operations and reduce expenses |
Product Innovation | Delve into Expensify's strategic launch of new products, including Expensify Travel and the New Expensify App, aimed at revitalizing growth |
Market Dynamics | Learn how Expensify navigates fierce competition in the expense management sector, facing pressure from well-funded rivals like Concur and Divvy |
Financial Outlook | Discover analysts' projections for Expensify, with average price targets ranging from $2.50 to $3.25, and expectations of modest growth in coming years |
Metrics to compare | EXFY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipEXFYPeersSector | |
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P/E Ratio | −19.6x | −12.3x | 11.8x | |
PEG Ratio | −0.25 | −0.14 | 0.01 | |
Price/Book | 1.4x | 1.2x | 2.4x | |
Price / LTM Sales | 1.3x | 6.5x | 2.2x | |
Upside (Analyst Target) | 84.7% | 33.4% | 20.0% | |
Fair Value Upside | Unlock | 13.7% | 5.7% | Unlock |