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Expensify Ends Loan Agreement with CIBC

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Expensify Ends Loan Agreement with CIBC

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Expensify ( (EXFY) ) has issued an announcement.

On July 1, 2025, Expensify, Inc. terminated its Second Amended and Restated Loan and Security Agreement with the Canadian Imperial Bank of Commerce. At the time of termination, there were no borrowings or amounts drawn, and all obligations were settled without penalties, releasing all related liens and returning any collateral held by CIBC.

The most recent analyst rating on (EXFY) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Expensify stock, see the EXFY Stock Forecast page.

Spark’s Take on EXFY Stock

According to Spark, TipRanks’ AI Analyst, EXFY is a Neutral.

Expensify’s overall stock score is influenced primarily by its financial performance struggles, including ongoing losses and negative margins. Technical indicators provide mixed signals, while the earnings call offers a more optimistic view with revenue and cash flow growth. Valuation remains a concern with a negative P/E ratio. Strategic initiatives and promotional efforts could drive future growth, but economic uncertainties pose ongoing risks.

To see Spark’s full report on EXFY stock, click here.

More about Expensify

Average Trading Volume: 611,217

Technical Sentiment Signal: Sell

Current Market Cap: $225.5M

For an in-depth examination of EXFY stock, go to TipRanks’ Overview page.

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