Flywire Corp financial data

Symbol
FLYW on Nasdaq
Industry
Services-Business Services, NEC
Location
141 Tremont Street, Suite 10, Boston, Massachusetts
State of incorporation
Delaware
Fiscal year end
December 31
Former names
peerTransfer Corp (to 1/14/2015)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 350 % +8.54%
Debt-to-equity 29.8 % -10%
Return On Equity -1.56 % +77.4%
Return On Assets -1.2 % +76.7%
Operating Margin -4.95 % +46.8%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 122 M shares +12.4%
Entity Public Float 3.37 B USD +212%
Common Stock, Value, Issued 11 K USD +10%
Weighted Average Number of Shares Outstanding, Basic 123 M shares +12.2%
Weighted Average Number of Shares Outstanding, Diluted 123 M shares +12.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 423 M USD +32.5%
Research and Development Expense 64.2 M USD +19.4%
Selling and Marketing Expense 113 M USD +32.8%
General and Administrative Expense 111 M USD +20.5%
Operating Income (Loss) -20.9 M USD +29.5%
Nonoperating Income (Expense) 15.2 M USD -58.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.69 M USD +81.6%
Income Tax Expense (Benefit) 5.41 M USD +184%
Net Income (Loss) Attributable to Parent -11.1 M USD +66.2%
Earnings Per Share, Basic -0.09 USD/shares +69%
Earnings Per Share, Diluted -0.09 USD/shares +69%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 619 M USD +89.3%
Accounts Receivable, after Allowance for Credit Loss, Current 19.7 M USD +9.76%
Assets, Current 739 M USD +86.7%
Property, Plant and Equipment, Net 15.6 M USD +9.21%
Operating Lease, Right-of-Use Asset 3.42 M USD +22.7%
Intangible Assets, Net (Excluding Goodwill) 103 M USD +8.77%
Goodwill 120 M USD +21.8%
Other Assets, Noncurrent 20.8 M USD +19.8%
Assets 999 M USD +60.8%
Accounts Payable, Current 15.4 M USD +8.58%
Employee-related Liabilities, Current 15.3 M USD -3.02%
Accrued Liabilities, Current 9.5 M USD +62.6%
Liabilities, Current 183 M USD +57%
Deferred Income Tax Liabilities, Net 14.6 M USD +20.9%
Other Liabilities, Noncurrent 4.64 M USD +88.1%
Liabilities 202 M USD +54.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -41 K USD +98.2%
Retained Earnings (Accumulated Deficit) -180 M USD -6.57%
Stockholders' Equity Attributable to Parent 797 M USD +62.6%
Liabilities and Equity 999 M USD +60.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -38.1 M USD -82.7%
Net Cash Provided by (Used in) Financing Activities 2.25 M USD +24.9%
Net Cash Provided by (Used in) Investing Activities -1.51 M USD +18.1%
Common Stock, Shares Authorized 2 B shares 0%
Common Stock, Shares, Issued 125 M shares +12.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -35.6 M USD -61.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 619 M USD +88.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 40.4 M USD +7.49%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 55.9 M USD +4.73%
Operating Lease, Liability 3.55 M USD +12.8%
Payments to Acquire Property, Plant, and Equipment 255 K USD -47%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -8.86 M USD +74.4%
Property, Plant and Equipment, Gross 29.6 M USD +23.7%
Operating Lease, Liability, Current 1.37 M USD -23.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.2 M USD +168%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.64 M USD +86.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +44.4%
Deferred Income Tax Expense (Benefit) -72 K USD +95.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 676 K USD +1027%
Deferred Tax Assets, Operating Loss Carryforwards 26.7 M USD -19.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 55 K USD +52.8%
Current Income Tax Expense (Benefit) 4.14 M USD +12.1%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 620 K USD -5.92%
Lessee, Operating Lease, Liability, to be Paid, Year Four 319 K USD
Operating Lease, Payments 2.07 M USD -21.3%
Additional Paid in Capital 978 M USD +47.7%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 131 K USD -36.4%
Current Federal Tax Expense (Benefit) 0 USD
Operating Leases, Future Minimum Payments, Due in Two Years 495 K USD -75.3%
Amortization of Intangible Assets 11.6 M USD +18.4%
Depreciation, Depletion and Amortization 4.26 M USD +14.2%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 1.53 M USD
Deferred Tax Assets, Net of Valuation Allowance 15.4 M USD -1.88%
Share-based Payment Arrangement, Expense 50 M USD +49.7%
Operating Leases, Future Minimum Payments, Due in Three Years 69 K USD -95.4%
Operating Leases, Future Minimum Payments Due 2.36 M USD -47.6%
Deferred State and Local Income Tax Expense (Benefit) -102 K USD -1800%
Interest Expense 411 K USD -62.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%