Expensify’s Q3 2024 Shows Strong Financial Growth

Expensify ( (EXFY) ) just unveiled an announcement.

Expensify’s Q3 2024 results reveal a promising financial trajectory with a 48% increase in interchange from the Expensify Card and a revised free cash flow guidance up to $20 million. The launch of the New Expensify and the nearly complete deployment of the new card program are generating significant interest, with the potential for full expense workflow automation. Despite a slight decrease in revenue and paid users, the company remains optimistic about growth, particularly with the expansion of Expensify Travel.

See more insights into EXFY stock on TipRanks’ Stock Analysis page.

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