Expensify, Inc. (EXFY)

Sector - Technology

IPO Profile

About company

Expensify is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Every day, people from all walks of life in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Since their founding in 2008, they have added over 10 million members to their community, and processed and automated over 1.1 billion expense transactions on their platform, freeing people to spend less time managing expenses and more time doing the things they love. For the quarter ended June 30, 2021, an average of 639,000 paid members across 53,000 companies and over 200 countries and territories used Expensify to make money easy. Since the beginning of Expensify, their North Star has been improving the experience of the actual end users of expense management software: everyday employees. They designed Expensify to be easy to set up, integrate, configure and use from any device, which has enabled them to serve employees of all types and organizations of all sizes, industries and geographies.
Industry
Prepackaged Software
CEO CFO
-
Employees Founded
140 2009

Contacts

Address: 401 Sw 5th Ave., Portland, Oregon 97204, Us

Telephone: (971) 365-3939

Web page: http://www.expensify.com

IPO information

First Trade Date 11/10/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range $23.00-$25.00
Share prices ($)
25.00
27.00
27
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 9.7
Shares Revised (MM) 9.7
Expected offer amount (MM) $252.2
Realized offer amount(MM) $261.9

Financial Data (last reporting year)

Market Cap (MM) $1941.6
Revenues (MM) $112.5
Net Income (Loss) (MM) $3.0

Voting

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The lead left underwriter: JP Morgan

IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
1st day change  ?  .Pro
Change for the first 3 months  ?  .Pro
Underwriters
JP Morgan/ Citi/ BofA Securities
CO-Managers
Piper Sandler/ JMP Securities/ Loop Capital Markets

Sector: Technology

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