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EXFY (Expensify) Enterprise Value : $135.9 Mil (As of Oct. 10, 2024)


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What is Expensify Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Expensify's Enterprise Value is $135.9 Mil. Expensify's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $-22.5 Mil. Therefore, Expensify's EV-to-EBIT ratio for today is -6.05.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Expensify's Enterprise Value is $135.9 Mil. Expensify's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $-17.0 Mil. Therefore, Expensify's EV-to-EBITDA ratio for today is -7.98.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Expensify's Enterprise Value is $135.9 Mil. Expensify's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $138.5 Mil. Therefore, Expensify's EV-to-Revenue ratio for today is 0.98.


Expensify Enterprise Value Historical Data

The historical data trend for Expensify's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Expensify Enterprise Value Chart

Expensify Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 3,553.21 691.85 192.55

Expensify Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 628.00 248.48 192.55 139.01 107.35

Competitive Comparison of Expensify's Enterprise Value

For the Software - Application subindustry, Expensify's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Expensify's Enterprise Value Distribution in the Software Industry

For the Software industry and Technology sector, Expensify's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Expensify's Enterprise Value falls into.



Expensify Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Expensify's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Expensify's Enterprise Value for the quarter that ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Expensify  (NAS:EXFY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Expensify's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=135.921/-22.458
=-6.05

Expensify's current Enterprise Value is $135.9 Mil.
Expensify's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.5 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Expensify's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=135.921/-17.03
=-7.98

Expensify's current Enterprise Value is $135.9 Mil.
Expensify's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Expensify's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=135.921/138.525
=0.98

Expensify's current Enterprise Value is $135.9 Mil.
Expensify's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $138.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Expensify Enterprise Value Related Terms

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Expensify Business Description

Traded in Other Exchanges
N/A
Address
401 Southwest, 5th Avenue, Portland, OR, USA, 97204
Expensify Inc is a cloud-based expense management software platform that helps various businesses simplify the way to manage money. It is used to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. People use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app.
Executives
Anuradha Muralidharan director, officer: Chief Operating Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Jason Fahr Mills director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Daniel Vidal director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
David Michael Barrett director, officer: Chief Executive Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Ryan Schaffer director, officer: Chief Financial Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Steven J. Mclaughlin 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Ying Liu director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Timothy L Christen director 715 SOUTH STREET, MAYVILLE WI 53050
Sf Roofdeck Gp Llc 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Steven J. Mclaughlin Revocable Trust 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Exp 2020 Spv Lp 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Openview Management, Llc 10 percent owner C/O OPENVIEW VENTURE PARTNERS, 303 CONGRESS STREET, 6TH FLOOR, BOSTON MA 02210
David Martirano other: See Remarks 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109
Demartini James G B Iii 10 percent owner THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065
Unameit Trust Under Declaration Of Trust Dated March 10, 2000 10 percent owner THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065