Flywire (FLYW) Financials

$9.08 +0.14 (+1.57%)

Closing price 04/28/2025 04:00 PM Eastern

Extended Trading

$9.07 -0.01 (-0.06%)

As of 04/28/2025 06:28 PM Eastern

Annual Income Statements for Flywire

This table shows Flywire's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-20	-11	-28	-39	-8.57	2.90
Consolidated Net Income / (Loss)	-20	-11	-28	-39	-8.57	2.90
Net Income / (Loss) Continuing Operations	-20	-11	-28	-39	-8.57	2.90
Total Pre-Tax Income	-20	-18	-26	-37	-4.35	1.86
Total Operating Income	-17	-16	-13	-30	-22	-7.26
Total Gross Profit	95	84	201	289	403	492
Total Revenue	95	132	201	289	403	492
Operating Revenue	95	132	201	289	403	492
Total Cost of Revenue	0.00	48	0.00	0.00	0.00	0.00
Total Operating Expenses	112	100	214	320	425	499
Selling, General & Admin Expense	34	43	62	83	108	126
Marketing Expense	27	33	51	78	108	129
Research & Development Expense	15	25	31	50	62	67
Other Operating Expenses / (Income)	37	-	70	108	147	177
Total Other Income / (Expense), net	-2.11	-2.46	-13	-7.14	17	9.12
Interest Expense	2.46	2.53	2.02	1.21	0.37	0.54
Interest & Investment Income	-	-	0.00	3.24	13	21
Other Income / (Expense), net	0.35	0.07	-11	-9.17	4.19	-12
Income Tax Expense	0.55	-7.17	2.16	1.99	4.21	-1.04
Basic Earnings per Share	($1.25)	($0.60)	($0.39)	($0.36)	($0.07)	$0.02
Weighted Average Basic Shares Outstanding	16.07M	18.39M	71.17M	107.94M	114.83M	124.27M
Diluted Earnings per Share	($20,116,000.00)	($0.60)	($0.39)	($0.36)	($0.07)	$0.02
Weighted Average Diluted Shares Outstanding	16.07M	18.39M	71.17M	107.94M	114.83M	129.34M
Weighted Average Basic & Diluted Shares Outstanding	16.07M	18.39M	71.17M	108.14M	122.83M	123.59M

This table shows Flywire's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-4.27	-1.13	-3.68	-17	11	1.29	-6.22	-14	39	-16
Consolidated Net Income / (Loss)	-4.27	-1.13	-3.68	-17	11	1.29	-6.22	-14	39	-16
Net Income / (Loss) Continuing Operations	-4.27	-1.13	-3.68	-17	11	1.29	-6.22	-14	39	-16
Total Pre-Tax Income	-3.00	-2.00	-3.27	-16	11	3.23	-4.60	-9.20	31	-15
Total Operating Income	3.65	-9.37	-6.57	-17	12	-10	-5.96	-16	20	-5.78
Total Gross Profit	95	73	94	85	80	143	114	104	102	172
Total Revenue	95	73	94	85	123	101	114	104	157	118
Operating Revenue	95	73	94	85	123	101	114	104	157	118
Total Cost of Revenue	0.00	-	0.00	0.00	43	-43	0.00	0.00	55	-55
Total Operating Expenses	92	82	101	102	69	153	120	119	82	178
Selling, General & Admin Expense	24	20	28	25	27	28	32	32	31	31
Marketing Expense	22	20	24	27	27	29	30	32	34	33
Research & Development Expense	13	13	15	16	15	17	17	16	17	17
Total Other Income / (Expense), net	-6.65	7.38	3.30	1.10	-0.49	13	1.36	6.58	10	-9.13
Interest Expense	0.40	0.33	0.10	0.08	0.10	0.09	0.14	0.13	0.13	0.14
Interest & Investment Income	1.27	1.79	1.94	1.94	3.84	5.64	5.88	5.72	4.97	4.87
Other Income / (Expense), net	-7.52	5.92	1.47	-0.76	-4.23	7.71	-4.38	1.00	5.46	-14
Income Tax Expense	1.28	-0.87	0.42	1.11	0.75	1.94	1.62	4.68	-8.33	1.00
Basic Earnings per Share	($0.04)	-	($0.03)	($0.15)	$0.09	$0.02	($0.05)	($0.11)	$0.31	($0.13)
Weighted Average Basic Shares Outstanding	107.93M	107.94M	109.79M	111.13M	116.49M	114.83M	123.14M	124.56M	124.89M	124.27M
Diluted Earnings per Share	($0.04)	-	($0.03)	($0.15)	$0.08	$0.03	($0.05)	($0.11)	$0.30	($0.12)
Weighted Average Diluted Shares Outstanding	107.93M	107.94M	109.79M	111.13M	125.48M	114.83M	123.14M	124.56M	129.16M	129.34M
Weighted Average Basic & Diluted Shares Outstanding	109.00M	108.14M	110.76M	112.17M	121.41M	122.83M	124.20M	125.26M	124.42M	123.59M

This table details how cash moves in and out of Flywire's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-3.58	23	280	-43	303	-162
Net Cash From Operating Activities	4.07	-14	17	5.43	81	91
Net Cash From Continuing Operating Activities	4.07	-14	17	5.43	81	91
Net Income / (Loss) Continuing Operations	-20	-11	-28	-39	-8.57	2.90
Consolidated Net Income / (Loss)	-20	-11	-28	-39	-8.57	2.90
Depreciation Expense	3.73	6.79	9.00	12	16	17
Amortization Expense	0.00	0.41	0.25	1.80	1.79	0.97
Non-Cash Adjustments To Reconcile Net Income	2.58	4.53	23	-2.09	-12	83
Changes in Operating Assets and Liabilities, net	18	-15	13	33	84	-12
Net Cash From Investing Activities	-3.75	-82	-63	-25	-39	-216
Net Cash From Continuing Investing Activities	-3.75	-82	-63	-25	-39	-216
Purchase of Property, Plant & Equipment	-3.75	-2.14	-1.05	-1.35	-1.01	-0.92
Acquisitions	0.00	-79	-56	-18	-33	-45
Purchase of Investments	-	-	-	0.00	0.00	-194
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	30
Other Investing Activities, net	-	0.00	-5.64	-5.72	-5.00	-5.32
Net Cash From Financing Activities	-3.92	119	328	-24	263	-38
Net Cash From Continuing Financing Activities	-0.62	119	328	-24	262	-38
Repayment of Debt	0.00	-4.34	-25	-26	0.00	-0.78
Repurchase of Common Equity	-0.30	0.00	-4.86	0.00	0.00	-44
Issuance of Common Equity	0.00	0.00	269	1.27	-	3.11
Other Financing Activities, net	-14	-0.53	3.42	0.70	0.67	3.78
Cash Interest Paid	1.85	2.10	1.60	0.77	0.00	0.00

This table details how cash moves in and out of Flywire's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-16	5.57	-21	-2.22	310	16	-37	-78	26	-72
Net Cash From Operating Activities	-0.14	33	-21	-4.81	47	60	-38	-19	190	-41
Net Cash From Continuing Operating Activities	-0.14	33	-21	-4.81	47	60	-38	-19	190	-41
Net Income / (Loss) Continuing Operations	-4.27	-1.13	-3.68	-17	11	1.29	-6.22	-14	39	-16
Consolidated Net Income / (Loss)	-4.27	-1.13	-3.68	-17	11	1.29	-6.22	-14	39	-16
Depreciation Expense	3.40	3.12	3.73	4.15	3.90	3.99	4.26	4.20	4.25	4.65
Amortization Expense	0.08	1.56	0.11	0.12	0.14	1.42	0.24	0.13	-0.60	1.20
Non-Cash Adjustments To Reconcile Net Income	6.56	-18	43	-2.71	-26	-26	53	8.26	-29	51
Changes in Operating Assets and Liabilities, net	-5.91	48	-64	10	58	79	-89	-18	177	-82
Net Cash From Investing Activities	-19	-2.10	-1.85	-1.63	-1.61	-34	-1.51	-61	-143	-10
Net Cash From Continuing Investing Activities	-18	-3.01	-1.85	-1.63	-1.61	-34	-1.51	-61	-143	-10
Purchase of Property, Plant & Equipment	-0.31	-0.29	-0.48	-0.19	-0.27	-0.07	-0.26	-0.35	-0.22	-0.10
Acquisitions	-16	-1.12	-	-	-	-33	-	-	-	0.21
Purchase of Investments	-	-	-	-	-	-	-	-	-102	-33
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	-	5.71	24
Other Investing Activities, net	-1.24	-1.59	-1.37	-1.44	-1.34	-0.86	-1.26	-2.05	-1.28	-0.74
Net Cash From Financing Activities	2.39	-25	1.80	3.90	265	-7.26	2.25	1.61	-20	-21
Net Cash From Continuing Financing Activities	2.39	-25	1.80	3.90	265	-8.89	2.25	1.61	-20	-21
Repurchase of Common Equity	-	-	-	-	-	-	-	-	-	-21
Other Financing Activities, net	1.12	1.36	0.94	3.90	2.03	-6.20	1.62	1.61	0.73	-0.17

This table presents Flywire's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Total Assets	271	640	674	1,080	1,122
Total Current Assets	149	444	451	816	763
Cash & Equivalents	104	385	349	655	495
Restricted Cash	5.00	4.00	2.00	0.00	0.00
Short-Term Investments	-	-	-	0.00	116
Accounts Receivable	36	45	82	143	129
Prepaid Expenses	3.75	9.83	18	18	23
Plant, Property, & Equipment, net	5.10	9.44	13	15	17
Total Noncurrent Assets	118	187	210	249	342
Long-Term Investments	-	-	-	0.00	50
Goodwill	45	86	98	122	150
Intangible Assets	68	94	98	108	119
Other Noncurrent Operating Assets	4.92	7.18	15	19	24
Total Liabilities & Shareholders' Equity	271	640	674	1,080	1,122
Total Liabilities	123	60	192	294	308
Total Current Liabilities	88	117	177	274	290
Accounts Payable	65	10	13	13	15
Accrued Expenses	15	23	34	43	49
Current Deferred Revenue	1.23	5.49	5.22	6.97	7.34
Other Current Liabilities	-	-	124	211	218
Total Noncurrent Liabilities	35	14	15	20	18
Noncurrent Deferred & Payable Income Tax Liabilities	0.48	8.40	12	15	13
Other Noncurrent Operating Liabilities	9.82	5.83	2.96	4.43	5.26
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-82	482	482	786	815
Total Preferred & Common Equity	-82	482	482	786	815
Preferred Stock	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-82	482	482	786	815
Common Stock	17	609	650	959	1,034
Retained Earnings	-98	-126	-165	-174	-171
Treasury Stock	-0.75	-0.75	-0.75	-0.75	-46
Accumulated Other Comprehensive Income / (Loss)	-0.21	-0.40	-1.91	1.32	-2.07
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00

This table presents Flywire's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	641	621	639	982	999	999	1,240
Total Current Assets	423	396	414	762	739	711	876
Cash & Equivalents	349	327	328	638	619	539	565
Short-Term Investments	-	-	-	-	-	32	116
Accounts Receivable	58	51	69	105	104	118	170
Prepaid Expenses	14	16	16	19	16	22	25
Plant, Property, & Equipment, net	12	14	15	15	16	17	18
Total Noncurrent Assets	206	211	210	205	244	271	347
Long-Term Investments	-	-	-	-	-	27	40
Goodwill	95	98	99	97	120	121	156
Intangible Assets	97	95	93	88	103	101	127
Other Noncurrent Operating Assets	14	17	19	19	21	22	23
Total Liabilities & Shareholders' Equity	641	621	639	982	999	999	1,240
Total Liabilities	167	131	147	207	202	196	397
Total Current Liabilities	123	116	132	192	183	177	375
Accounts Payable	85	78	12	18	15	14	23
Accrued Expenses	30	34	35	38	37	44	46
Current Deferred Revenue	4.76	3.76	2.85	3.81	5.62	4.18	7.69
Other Current Liabilities	-	-	82	132	124	116	298
Total Noncurrent Liabilities	44	15	16	15	19	19	21
Noncurrent Deferred & Payable Income Tax Liabilities	13	12	12	11	15	15	16
Other Noncurrent Operating Liabilities	5.12	2.49	3.91	3.72	4.64	3.99	5.87
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	475	490	491	775	797	803	843
Total Preferred & Common Equity	475	490	491	775	797	803	843
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	475	490	491	775	797	803	843
Common Stock	640	662	677	954	978	997	1,016
Retained Earnings	-164	-169	-186	-175	-180	-194	-155
Treasury Stock	-0.75	-0.75	-0.75	-0.75	-0.74	-0.74	-24
Accumulated Other Comprehensive Income / (Loss)	-0.81	-2.28	0.17	-2.41	-0.04	0.10	5.71
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from Flywire's official financial filings.

Metric	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	38.84%	52.64%	43.86%	39.30%	22.09%
EBITDA Growth	0.00%	36.20%	-71.80%	-72.47%	100.89%	-415.63%
EBIT Growth	0.00%	7.97%	-51.85%	-64.78%	56.01%	-9.89%
NOPAT Growth	0.00%	9.41%	16.17%	-127.96%	28.80%	24.90%
Net Income Growth	0.00%	44.79%	-152.86%	-40.10%	78.23%	133.85%
EPS Growth	0.00%	100.00%	35.00%	7.69%	80.56%	128.57%
Operating Cash Flow Growth	0.00%	-449.20%	220.45%	-68.32%	1,385.63%	13.45%
Free Cash Flow Firm Growth	0.00%	0.00%	-67.61%	133.61%	-134.51%	-110.50%
Invested Capital Growth	0.00%	0.00%	180.78%	-33.91%	0.60%	16.76%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	8.09%	7.32%	3.58%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	25.02%	113.58%	-104.37%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	13.70%	6.15%	-1,005.81%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	3.07%	-3.15%	2.18%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	20.51%	22.00%	-85.56%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-414.29%	30.00%	-88.24%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-55.09%	115.33%	49.22%	-52.53%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-4,288.63%	-980.73%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-14.05%	-4.09%	26.11%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	100.00%	63.72%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-14.09%	-6.48%	-7.29%	-8.74%	0.06%	-0.14%
Operating Margin	-18.39%	-12.00%	-6.59%	-10.44%	-5.34%	-1.47%
EBIT Margin	-18.02%	-11.95%	-11.88%	-13.61%	-4.30%	-3.87%
Profit (Net Income) Margin	-21.19%	-8.43%	-13.96%	-13.60%	-2.13%	0.59%
Tax Burden Percent	102.81%	60.77%	108.32%	105.32%	196.83%	155.91%
Interest Burden Percent	114.37%	116.09%	108.45%	94.84%	25.11%	-9.77%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	-55.91%
Return on Invested Capital (ROIC)	0.00%	-31.43%	-6.92%	-12.88%	-11.49%	-7.94%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-31.34%	3.46%	-7.15%	-12.78%	-10.10%
Return on Net Nonoperating Assets (RNNOA)	0.00%	16.46%	-1.99%	4.72%	10.14%	8.30%
Return on Equity (ROE)	0.00%	-14.97%	-8.91%	-8.16%	-1.35%	0.36%
Cash Return on Invested Capital (CROIC)	0.00%	-231.43%	-101.87%	27.96%	-12.09%	-23.40%
Operating Return on Assets (OROA)	0.00%	-5.80%	-5.25%	-6.00%	-1.98%	-1.73%
Return on Assets (ROA)	0.00%	-4.09%	-6.16%	-5.99%	-0.98%	0.26%
Return on Common Equity (ROCE)	0.00%	8.25%	-5.66%	-8.16%	-1.35%	0.36%
Return on Equity Simple (ROE_SIMPLE)	0.00%	13.58%	-5.82%	-8.16%	-1.09%	0.36%
Net Operating Profit after Tax (NOPAT)	-12	-11	-9.28	-21	-15	-11
NOPAT Margin	-12.87%	-8.40%	-4.61%	-7.31%	-3.74%	-2.30%
Net Nonoperating Expense Percent (NNEP)	0.00%	-0.09%	-10.38%	-5.72%	1.29%	2.16%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-4.39%	-1.92%	-1.39%
Cost of Revenue to Revenue	0.00%	36.28%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	35.86%	32.39%	30.64%	28.66%	26.70%	25.57%
R&D to Revenue	15.81%	18.59%	15.56%	17.37%	15.39%	13.54%
Operating Expenses to Revenue	118.39%	75.73%	106.59%	110.44%	105.34%	101.47%
Earnings before Interest and Taxes (EBIT)	-17	-16	-24	-39	-17	-19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-13	-8.54	-15	-25	0.22	-0.71
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	8.26	5.53	3.58	3.15
Price to Tangible Book Value (P/TBV)	0.00	0.00	13.16	9.31	5.05	4.69
Price to Revenue (P/Rev)	2.64	1.90	19.81	9.22	6.97	5.21
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	884.65
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%
Enterprise Value to Invested Capital (EV/IC)	0.00	5.72	18.21	17.72	16.40	12.40
Enterprise Value to Revenue (EV/Rev)	0.00	3.06	17.91	8.00	5.35	3.87
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	9,625.48	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	210.29	426.76	26.74	20.82
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	50.44	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.21	0.02	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.16	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-0.53	-0.57	-0.66	-0.79	-0.82
Leverage Ratio	0.00	1.83	1.45	1.36	1.38	1.38
Compound Leverage Factor	0.00	2.12	1.57	1.29	0.35	-0.13
Debt to Total Capital	0.00%	17.32%	1.58%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	3.75%	1.58%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	13.57%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	128.23%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-45.55%	98.42%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	-3.64	-0.53	0.00	0.00	0.00
Net Debt to EBITDA	0.00	9.13	26.03	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	-2.85	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-2.81	-0.83	0.00	0.00	0.00
Net Debt to NOPAT	0.00	7.04	41.13	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	-2.20	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	1.28	40.10	8.70	6.44	5.68
Noncontrolling Interest Sharing Ratio	0.00%	155.09%	36.50%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.00	1.68	3.78	2.54	2.98	2.63
Quick Ratio	0.00	1.58	3.66	2.43	2.91	2.55
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-82	-137	46	-16	-33
Operating Cash Flow to CapEx	108.67%	-664.32%	1,633.08%	401.11%	7,990.58%	9,899.13%
Free Cash Flow to Firm to Interest Expense	0.00	-32.18	-67.61	37.92	-42.60	-62.00
Operating Cash Flow to Interest Expense	1.66	-5.62	8.48	4.48	216.73	170.01
Operating Cash Flow Less CapEx to Interest Expense	0.13	-6.46	7.96	3.36	214.02	168.30
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	0.49	0.44	0.44	0.46	0.45
Accounts Receivable Turnover	0.00	3.69	5.01	4.57	3.59	3.62
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	25.83	27.66	25.43	28.34	30.48
Accounts Payable Turnover	0.00	0.73	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	99.02	72.90	79.80	101.77	100.91
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	499.51	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	-400.49	72.90	79.80	101.77	100.91
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	0.00	70	198	131	132	154
Invested Capital Turnover	0.00	3.74	1.50	1.76	3.07	3.45
Increase / (Decrease) in Invested Capital	0.00	70	127	-67	0.78	22
Enterprise Value (EV)	0.00	403	3,603	2,316	2,156	1,904
Market Capitalization	251	251	3,984	2,667	2,811	2,565
Book Value per Share	$0.00	($4.45)	$4.61	$4.42	$6.47	$6.55
Tangible Book Value per Share	$0.00	($10.58)	$2.89	$2.63	$4.58	$4.39
Total Capital	0.00	180	490	482	786	815
Total Debt	0.00	31	7.72	0.00	0.00	0.00
Total Long-Term Debt	0.00	24	0.00	0.00	0.00	0.00
Net Debt	0.00	-78	-382	-351	-655	-661
Capital Expenditures (CapEx)	3.75	2.14	1.05	1.35	1.01	0.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-42	-55	-78	-113	-138
Debt-free Net Working Capital (DFNWC)	0.00	67	334	273	542	473
Net Working Capital (NWC)	0.00	60	326	273	542	473
Net Nonoperating Expense (NNE)	7.90	0.04	19	18	-6.50	-14
Net Nonoperating Obligations (NNO)	0.00	-78	-284	-351	-655	-661
Total Depreciation and Amortization (D&A)	3.73	7.21	9.24	14	18	18
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-31.97%	-27.51%	-26.89%	-27.96%	-28.04%
Debt-free Net Working Capital to Revenue	0.00%	50.78%	166.06%	94.47%	134.43%	96.13%
Net Working Capital to Revenue	0.00%	45.66%	162.22%	94.47%	134.43%	96.13%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.39)	($0.36)	($0.07)	$0.02
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	107.01M	107.94M	114.83M	124.27M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($28,098,000.00)	($0.36)	($0.07)	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	107.01M	107.94M	114.83M	129.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($28,098,000.00)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	71.17M	108.14M	122.83M	123.59M
Normalized Net Operating Profit after Tax (NOPAT)	-12	-11	-9.28	-21	-15	-5.08
Normalized NOPAT Margin	-12.87%	-8.40%	-4.61%	-7.31%	-3.74%	-1.03%
Pre Tax Income Margin	-20.61%	-13.87%	-12.89%	-12.91%	-1.08%	0.38%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-6.96	-6.22	-11.83	-32.53	-46.58	-35.39
NOPAT to Interest Expense	-4.97	-4.37	-4.59	-17.47	-40.49	-21.03
EBIT Less CapEx to Interest Expense	-8.48	-7.06	-12.35	-33.65	-49.30	-37.11
NOPAT Less CapEx to Interest Expense	-6.49	-5.22	-5.11	-18.59	-43.20	-22.74
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-1.47%	0.00%	-17.30%	0.00%	0.00%	1,508.28%

This table displays calculated financial ratios and metrics derived from Flywire's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	40.49%	42.14%	46.17%	50.11%	29.50%	37.63%	20.93%	22.16%	27.16%	16.91%
EBITDA Growth	-102.90%	116.87%	80.77%	32.08%	3,144.27%	153.78%	-364.07%	21.40%	151.27%	-546.13%
EBIT Growth	-135.54%	64.42%	45.94%	22.41%	297.85%	32.84%	-102.81%	15.79%	236.17%	-746.23%
NOPAT Growth	-76.16%	9.26%	7.55%	3.39%	334.27%	38.99%	9.21%	6.07%	132.32%	-1.02%
Net Income Growth	-142.75%	89.99%	63.71%	29.35%	349.13%	213.99%	-68.80%	17.44%	265.46%	-1,335.35%
EPS Growth	-150.00%	0.00%	70.00%	31.82%	300.00%	0.00%	-66.67%	26.67%	275.00%	-500.00%
Operating Cash Flow Growth	-101.22%	532.04%	-22.59%	54.60%	34,062.77%	80.21%	-82.74%	-302.02%	309.08%	-169.39%
Free Cash Flow Firm Growth	-41.96%	0.00%	78.04%	5.47%	132.03%	-107.91%	31.54%	-11.64%	57.74%	-445.17%
Invested Capital Growth	123.36%	-33.91%	19.37%	27.94%	-9.85%	0.60%	10.47%	25.66%	-11.20%	16.76%
Revenue Q/Q Growth	68.44%	-23.29%	29.16%	-10.06%	45.31%	-18.47%	13.48%	-9.14%	51.25%	-25.04%
EBITDA Q/Q Growth	98.04%	417.19%	-203.28%	-957.15%	187.90%	-73.56%	-288.87%	-79.05%	381.01%	-146.95%
EBIT Q/Q Growth	82.91%	10.65%	-47.51%	-244.51%	143.57%	-130.33%	-345.45%	-43.04%	273.96%	-176.34%
NOPAT Q/Q Growth	120.99%	-356.60%	29.91%	-155.91%	194.36%	-136.05%	-718.61%	-164.75%	333.39%	-115.67%
Net Income Q/Q Growth	82.05%	73.57%	-226.22%	-356.50%	163.30%	-87.91%	-583.06%	-123.26%	380.23%	-140.88%
EPS Q/Q Growth	81.82%	0.00%	0.00%	-400.00%	153.33%	-62.50%	-266.67%	-120.00%	372.73%	-140.00%
Operating Cash Flow Q/Q Growth	98.71%	24,300.73%	-162.87%	76.95%	1,068.14%	28.41%	-163.76%	49.28%	1,085.15%	-121.78%
Free Cash Flow Firm Q/Q Growth	-62.53%	174.30%	-150.79%	-54.12%	155.06%	-118.35%	-19,337.90%	-151.33%	177.80%	-163.40%
Invested Capital Q/Q Growth	19.37%	-14.05%	23.24%	1.18%	-15.89%	-4.09%	35.33%	15.10%	-40.56%	26.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	65.21%	142.67%	100.00%	100.00%	65.21%	146.41%
EBITDA Margin	-0.40%	1.67%	-1.33%	-15.67%	9.48%	3.07%	-5.12%	-10.08%	18.73%	-11.73%
Operating Margin	3.83%	-12.83%	-6.96%	-19.80%	9.64%	-9.97%	-5.23%	-15.23%	12.93%	-4.91%
EBIT Margin	-4.06%	-4.73%	-5.40%	-20.69%	6.21%	-2.31%	-9.06%	-14.26%	16.41%	-16.71%
Profit (Net Income) Margin	-4.49%	-1.55%	-3.90%	-19.81%	8.63%	1.28%	-5.45%	-13.39%	24.80%	-13.53%
Tax Burden Percent	142.64%	56.56%	112.77%	107.05%	93.40%	39.91%	135.09%	150.82%	127.24%	106.68%
Interest Burden Percent	77.43%	57.75%	64.06%	89.43%	148.90%	-138.95%	44.51%	62.23%	118.82%	75.88%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	6.60%	60.09%	0.00%	0.00%	-27.24%	0.00%
Return on Invested Capital (ROIC)	6.53%	-15.82%	-10.51%	-33.18%	23.38%	-12.24%	-9.12%	-25.59%	60.37%	-11.87%
ROIC Less NNEP Spread (ROIC-NNEP)	8.37%	-17.53%	-10.78%	-31.65%	23.48%	-13.29%	-8.69%	-24.98%	58.45%	-10.07%
Return on Net Nonoperating Assets (RNNOA)	-6.45%	11.55%	7.48%	22.01%	-18.05%	10.54%	6.40%	17.88%	-49.10%	8.28%
Return on Equity (ROE)	0.07%	-4.26%	-3.02%	-11.16%	5.34%	-1.70%	-2.72%	-7.72%	11.28%	-3.60%
Cash Return on Invested Capital (CROIC)	0.00%	27.96%	-31.69%	-38.54%	0.26%	-12.09%	-18.58%	85.63%	2.93%	-23.40%
Operating Return on Assets (OROA)	-1.72%	-2.08%	-2.80%	-11.56%	2.87%	-1.06%	-4.73%	-7.70%	7.01%	-7.47%
Return on Assets (ROA)	-1.90%	-0.68%	-2.02%	-11.07%	3.99%	0.59%	-2.84%	-7.22%	10.61%	-6.05%
Return on Common Equity (ROCE)	0.07%	-4.26%	-3.02%	-11.16%	5.34%	-1.70%	-2.72%	-7.72%	11.28%	-3.60%
Return on Equity Simple (ROE_SIMPLE)	-10.43%	0.00%	-6.71%	-5.27%	-1.42%	0.00%	-1.39%	-1.02%	2.38%	0.00%
Net Operating Profit after Tax (NOPAT)	2.56	-6.56	-4.60	-12	11	-4.00	-4.17	-11	26	-4.04
NOPAT Margin	2.68%	-8.98%	-4.87%	-13.86%	9.00%	-3.98%	-3.66%	-10.66%	16.45%	-3.44%
Net Nonoperating Expense Percent (NNEP)	-1.84%	1.71%	0.27%	-1.52%	-0.10%	1.05%	-0.43%	-0.61%	1.93%	-1.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.36%	-	-	-	-0.51%	-	-	-	-0.50%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	34.79%	-42.67%	0.00%	0.00%	34.79%	-46.41%
SG&A Expenses to Revenue	25.46%	27.19%	29.79%	28.97%	21.78%	27.91%	27.69%	30.83%	19.81%	26.56%
R&D to Revenue	14.06%	17.37%	15.39%	18.87%	11.83%	16.81%	14.67%	15.27%	10.65%	14.78%
Operating Expenses to Revenue	96.17%	112.83%	106.96%	119.80%	55.58%	152.64%	105.23%	115.23%	52.28%	151.32%
Earnings before Interest and Taxes (EBIT)	-3.87	-3.46	-5.10	-18	7.65	-2.32	-10	-15	26	-20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-0.38	1.22	-1.26	-13	12	3.09	-5.84	-10	29	-14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.24	5.53	6.59	7.00	4.61	3.58	3.78	2.54	2.43	3.15
Price to Tangible Book Value (P/TBV)	8.81	9.31	10.88	11.48	6.06	5.05	5.25	3.51	3.67	4.69
Price to Revenue (P/Rev)	9.29	9.22	10.12	9.89	9.52	6.97	7.12	4.61	4.32	5.21
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	102.21	884.65
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	0.11%
Enterprise Value to Invested Capital (EV/IC)	14.22	17.72	18.01	19.08	21.43	16.40	13.45	7.02	10.94	12.40
Enterprise Value to Revenue (EV/Rev)	8.08	8.00	9.09	8.95	7.82	5.35	5.66	3.26	2.80	3.87
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	9,625.48	0.00	0.00	82.33	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.21	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	426.76	1,829.17	422.19	54.39	26.74	37.76	29.43	6.91	20.82
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	50.44	0.00	0.00	7,768.49	0.00	0.00	9.13	351.60	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.77	-0.66	-0.69	-0.70	-0.77	-0.79	-0.74	-0.72	-0.84	-0.82
Leverage Ratio	1.31	1.36	1.27	1.30	1.30	1.38	1.26	1.27	1.37	1.38
Compound Leverage Factor	1.02	0.79	0.81	1.17	1.93	-1.92	0.56	0.79	1.63	1.04
Debt to Total Capital	5.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	5.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	94.29%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-0.85	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	9.56	0.00	16.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-1.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	14.78	0.00	15.84	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-1.19	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	9.55	8.87	15.46	14.56	11.22	6.49	9.77	6.99	3.87	5.68
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.44	2.54	3.41	3.15	3.97	2.98	4.05	4.01	2.33	2.63
Quick Ratio	3.31	2.43	3.25	3.02	3.87	2.91	3.96	3.89	2.27	2.55
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-81	61	-31	-47	26	-4.78	-21	-53	41	-26
Operating Cash Flow to CapEx	-43.63%	11,277.21%	-4,333.89%	-2,529.47%	17,106.25%	90,527.27%	-14,938.43%	-5,536.10%	86,913.70%	-41,048.51%
Free Cash Flow to Firm to Interest Expense	-203.61	185.06	-298.39	-607.30	263.46	-52.01	-148.18	-397.62	321.43	-193.23
Operating Cash Flow to Interest Expense	-0.34	101.39	-202.39	-61.62	469.99	649.43	-268.26	-145.27	1,487.04	-307.10
Operating Cash Flow Less CapEx to Interest Expense	-1.13	100.49	-207.06	-64.05	467.24	648.72	-270.06	-147.89	1,485.33	-307.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.44	0.52	0.56	0.46	0.46	0.52	0.54	0.43	0.45
Accounts Receivable Turnover	5.69	4.57	7.44	6.31	4.61	3.59	5.47	4.71	3.46	3.62
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	25.76	25.43	26.21	26.45	27.48	28.34	28.32	27.80	28.86	30.48
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.83	0.00	0.00	0.00	0.57	0.00
Days Sales Outstanding (DSO)	64.18	79.80	49.03	57.84	79.19	101.77	66.69	77.56	105.62	100.91
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	438.03	0.00	0.00	0.00	638.07	0.00
Cash Conversion Cycle (CCC)	64.18	79.80	49.03	57.84	-358.84	101.77	66.69	77.56	-532.45	100.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	152	131	161	163	137	132	178	205	122	154
Invested Capital Turnover	2.43	1.76	2.16	2.39	2.60	3.07	2.49	2.40	3.67	3.45
Increase / (Decrease) in Invested Capital	84	-67	26	36	-15	0.78	17	42	-15	22
Enterprise Value (EV)	2,163	2,316	2,901	3,110	2,939	2,156	2,393	1,438	1,332	1,904
Market Capitalization	2,486	2,667	3,230	3,438	3,577	2,811	3,012	2,036	2,053	2,565
Book Value per Share	$4.38	$4.42	$4.46	$4.43	$6.91	$6.47	$6.47	$6.46	$6.73	$6.55
Tangible Book Value per Share	$2.61	$2.63	$2.70	$2.70	$5.26	$4.58	$4.66	$4.67	$4.47	$4.39
Total Capital	503	482	490	491	775	786	797	803	843	815
Total Debt	29	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	26	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-323	-351	-329	-328	-638	-655	-619	-598	-721	-661
Capital Expenditures (CapEx)	0.31	0.29	0.48	0.19	0.27	0.07	0.26	0.35	0.22	0.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-48	-78	-49	-46	-68	-113	-62	-37	-181	-138
Debt-free Net Working Capital (DFNWC)	303	273	280	282	570	542	557	534	500	473
Net Working Capital (NWC)	300	273	280	282	570	542	557	534	500	473
Net Nonoperating Expense (NNE)	6.83	-5.43	-0.91	5.05	0.46	-5.29	2.04	2.83	-13	12
Net Nonoperating Obligations (NNO)	-323	-351	-329	-328	-638	-655	-619	-598	-721	-661
Total Depreciation and Amortization (D&A)	3.48	4.67	3.84	4.26	4.04	5.41	4.50	4.34	3.65	5.85
Debt-free, Cash-free Net Working Capital to Revenue	-18.04%	-26.89%	-15.48%	-13.19%	-18.07%	-27.96%	-14.75%	-8.49%	-38.08%	-28.04%
Debt-free Net Working Capital to Revenue	113.16%	94.47%	87.62%	81.21%	151.84%	134.43%	131.65%	120.80%	105.27%	96.13%
Net Working Capital to Revenue	112.12%	94.47%	87.61%	81.21%	151.84%	134.43%	131.65%	120.80%	105.27%	96.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.04)	$0.00	($0.03)	($0.15)	$0.09	$0.02	($0.05)	($0.11)	$0.31	($0.13)
Adjusted Weighted Average Basic Shares Outstanding	107.93M	107.94M	109.79M	111.13M	116.49M	114.83M	123.14M	124.56M	124.89M	124.27M
Adjusted Diluted Earnings per Share	($0.04)	$0.00	($0.03)	($0.15)	$0.08	$0.03	($0.05)	($0.11)	$0.30	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	107.93M	107.94M	109.79M	111.13M	125.48M	114.83M	123.14M	124.56M	129.16M	129.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	109.00M	108.14M	110.76M	112.17M	121.41M	122.83M	124.20M	125.26M	124.42M	123.59M
Normalized Net Operating Profit after Tax (NOPAT)	2.56	-6.56	-4.60	-12	11	-7.02	-4.17	-11	14	-4.04
Normalized NOPAT Margin	2.68%	-8.98%	-4.87%	-13.86%	9.00%	-6.98%	-3.66%	-10.66%	9.05%	-3.44%
Pre Tax Income Margin	-3.15%	-2.73%	-3.46%	-18.51%	9.24%	3.21%	-4.03%	-8.88%	19.49%	-12.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-9.67	-10.57	-49.50	-225.17	77.30	-25.23	-72.81	-111.20	200.99	-145.49
NOPAT to Interest Expense	6.39	-20.06	-44.64	-150.84	112.14	-43.50	-29.40	-83.09	201.50	-29.94
EBIT Less CapEx to Interest Expense	-10.46	-11.47	-54.17	-227.60	74.56	-25.95	-74.61	-113.82	199.28	-146.24
NOPAT Less CapEx to Interest Expense	5.61	-20.96	-49.31	-153.28	109.39	-44.22	-31.19	-85.71	199.79	-30.69
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	113.93%	1,508.28%

Frequently Asked Questions About Flywire's Financials

When does Flywire's financial year end?

According to the most recent income statement we have on file, Flywire's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Flywire's net income changed over the last 5 years?

Flywire's net income appears to be on a downward trend, with a most recent value of $2.90 million in 2024, falling from -$20.12 million in 2019. The previous period was -$8.57 million in 2023.

What is Flywire's operating income?

Flywire's total operating income in 2024 was -$7.26 million, based on the following breakdown:

Total Gross Profit: $492.14 million
Total Operating Expenses: $499.40 million

How has Flywire revenue changed over the last 5 years?

Over the last 5 years, Flywire's total revenue changed from $94.92 million in 2019 to $492.14 million in 2024, a change of 418.5%.

How much debt does Flywire have?

Flywire's total liabilities were at $307.68 million at the end of 2024, a 4.8% increase from 2023, and a 150.1% increase since 2020.

How much cash does Flywire have?

In the past 4 years, Flywire's cash and equivalents has ranged from $104.05 million in 2020 to $654.61 million in 2023, and is currently $495.24 million as of their latest financial filing in 2024.

How has Flywire's book value per share changed over the last 5 years?

Over the last 5 years, Flywire's book value per share changed from 0.00 in 2019 to 6.55 in 2024, a change of 654.9%.

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This page (NASDAQ:FLYW) was last updated on 4/29/2025 by MarketBeat.com Staff

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Flywire (FLYW) Financials

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Flywire (FLYW) Financials

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