Max Michaelis's questions to Expensify Inc (EXFY) leadership • Q2 2025
Question
Max Michaelis from Lake Street Capital Markets asked for data on new customer additions attributable to the F1 movie, inquired about other marketing initiatives planned to drive growth, and requested more color on the performance of Expensify Travel.
Answer
CFO Ryan Schaffer stated that it was too early to share F1-related customer data but confirmed more marketing initiatives are planned to leverage the increased brand awareness. He also highlighted that Expensify Travel is seeing accelerating growth and strong customer enthusiasm. CEO David Barrett added that the company has a 'war chest' and is willing to make further 'big swings' on strategic initiatives.