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Added to YB: 2024-05-07

Pitch date: 2024-05-05

EXFY [bullish]

Expensify, Inc.

-4.73%

current return

Author Info

No bio for this author

Company Info

Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally.

Market Cap

$141.4M

Pitch Price

$1.69

Price Target

N/A

Dividend

N/A

EV/EBITDA

-7.89

P/E

-8.92

EV/Sales

0.60

Sector

Software

Category

turnaround

Show full summary:
Expensify: A busted IPO to an undervalued SaaS Micro-Cap

EXFY: Broken SaaS IPO down 96% from high. Trades at 0.83 EV/Rev with 719K paid members, $1.1M rev/employee. Targets untapped VSB market using email/Excel for expenses. Moat around payments/docs with real-time chat. Insider buying at higher prices. 2024 FCF $10-12M. Risks: Slowing growth, no long-term guidance.

Read full article (6 min)