Expensify
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Expensify's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $150,687,000. Profit margin reached -28%. Total operating expenses were $116,948,000.
Profit Margin
| 2019 | 80.46M | 1.24M | 1.54% |
|---|---|---|---|
| 2020 | 88.07M | -1.71M | -1.94% |
| 2021 | 142.83M | -13.55M | -9.49% |
| 2022 | 169.49M | -27.00M | -15.93% |
| 2023 | 150.68M | -41.45M | -27.51% |
EXFY Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 150.68M | 169.49M | 142.83M | 88.07M | 80.46M |
Cost of revenue | 66.88M | 62.66M | 53.69M | 32.41M | 31.98M |
Gross profit | 83.79M | 106.82M | 89.14M | 55.65M | 48.47M |
Operating exp. | |||||
Research and development | 23.36M | 13.69M | 10.98M | 6.72M | 4.11M |
Selling and marketing | 44.35M | 49.87M | 27.66M | 9.88M | 27.18M |
Total operating expenses | 116.94M | 122.05M | 99.39M | 49.98M | 47.22M |
Operating income | -33.14M | -15.23M | -10.25M | 5.67M | 1.24M |
Other income (expenses), net | -5.32M | -5.41M | -3.48M | -2.71M | -2.75M |
Income before tax | -38.47M | -20.64M | -13.73M | 2.95M | -1.51M |
Income tax expense | 2.98M | 6.36M | -174K | 4.66M | -2.75M |
Net income | -41.45M | -27.00M | -13.55M | -1.71M | 1.24M |
Earnings per share | |||||
Basic EPS | -0.5 | -0.33 | -0.17 | -0.02 | 0.01 |
Diluted EPS | -0.5 | -0.33 | -0.17 | -0.02 | 0.01 |
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