Flywire Corporation (FLYW)

NASDAQ: FLYW · Real-Time Price · USD
20.13
-0.34 (-1.66%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.66%
Market Cap 2.50B
Revenue (ttm) 475.14M
Net Income (ttm) 20.09M
Shares Out 124.42M
EPS (ttm) 0.16
PE Ratio 123.88
Forward PE 26.77
Dividend n/a
Ex-Dividend Date n/a
Volume 2,008,344
Open 20.22
Previous Close 20.47
Day's Range 20.05 - 20.60
52-Week Range 15.19 - 31.54
Beta 1.08
Analysts Strong Buy
Price Target 25.31 (+25.73%)
Earnings Date Nov 7, 2024

About FLYW

Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, a... [Read more]

Sector Technology
IPO Date May 26, 2021
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol FLYW
Full Company Profile

Financial Performance

In 2023, Flywire's revenue was $403.09 million, an increase of 39.30% compared to the previous year's $289.38 million. Losses were -$8.57 million, -78.23% less than in 2022.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for FLYW stock is "Strong Buy." The 12-month stock price forecast is $25.31, which is an increase of 25.73% from the latest price.

Price Target
$25.31
(25.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GradGuard Announces Partnership with Flywire to Offer Enhanced Tuition Protection to Higher Education Institutions

Partnership enhances institutional transparency and provides a financial safeguard for students who withdraw for serious covered reasons Partnership enhances institutional transparency and provides a ...

17 days ago - GlobeNewsWire

Flywire and Blackbaud Partner to Streamline Tuition Payment Experience for International K-12 Students in the U.S.

Flywire's integrated offering with Blackbaud will provide international students studying at over 1,000 U.S. independent schools with a streamlined payment experience, from enrollment through to tuiti...

4 weeks ago - GlobeNewsWire

Flywire appoints Carleigh Jaques to its Board of Directors

BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Carleigh Jaques to its...

4 weeks ago - GlobeNewsWire

Flywire to Attend Upcoming Investor Conferences

BOSTON, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company"), a global payments enablement and software company, today announced that the Company will be at...

5 weeks ago - GlobeNewsWire

Flywire Corporation (FLYW) Q3 2024 Earnings Call Transcript

Flywire Corporation (NASDAQ:FLYW) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Masha Kahn - Investor Relations Mike Massaro - CEO & Director Rob Orgel - President ...

6 weeks ago - Seeking Alpha

Top 3 Financials Stocks That May Fall Off A Cliff This Month

As of Nov. 8, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: TOSTUPST
6 weeks ago - Benzinga

Flywire Reports Third Quarter 2024 Financial Results

Third Quarter Revenue Increased 27.2% Year-over-Year Third Quarter Revenue Less Ancillary Services Increased 29.6% Year-over-Year BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq:...

6 weeks ago - GlobeNewsWire

Flywire to Announce Third Quarter 2024 Results on November 7, 2024

BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its third quarter 2024 financial result...

2 months ago - GlobeNewsWire

Flywire showcases strength in U.S. higher education business at its inaugural client conference

At first-ever Flywire Fusion event, Flywire's momentum in solving cross-border and domestic payments challenges was on full display

3 months ago - GlobeNewsWire

Flywire: Growth Outlook Remains Robust

Flywire Corporation remains a buy due to robust growth metrics, scale advantage, and margin expansion, despite Canada headwinds impacting near-term growth. Key growth catalysts include partnerships in...

3 months ago - Seeking Alpha

Flywire Corporation (FLYW) Q2 2024 Earnings Call Transcript

Flywire Corporation (NASDAQ:FLYW) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ET Company Participants Allison MacLeod - Chief Marketing Officer Michael Massaro - CEO & Director Robert Orge...

4 months ago - Seeking Alpha

Flywire Reports Second Quarter 2024 Financial Results

Second Quarter Revenue Increased 22% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 26% Year-over-Year Company Announces Acquisition of Invoiced, an Award-Winning Accounts Rec...

4 months ago - GlobeNewsWire

Flywire Acquires Invoiced to Bolster its Global B2B Payment Network with Award-winning Accounts Receivable SaaS Platform

Invoiced augments Flywire's B2B payments solution with workflow automation software purpose-built for mid-market companies to streamline the entire Accounts Receivables (A/R) process

4 months ago - GlobeNewsWire

Report: Flywire Exploring Sale After Seeing Interest From Potential Buyers

Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate interest fr...

5 months ago - PYMNTS

Exclusive: Payments firm Flywire explores sale after receiving acquisition interest, sources say

Flywire , a U.S. payments processor with a market value of $2.3 billion, is exploring a sale after attracting takeover interest, according to people familiar with the matter.

5 months ago - Reuters

Flywire to Announce Second Quarter 2024 Results on August 6, 2024

BOSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter 2024 financial resul...

5 months ago - GlobeNewsWire

Flywire partners with HDFC Credila to streamline cross-border education loan payments from India

Flywire digitizes the cross-border payment experience for loans funded and managed by HDFC Credila, India's largest private loan provider. Flywire expands its footprint in India to capitalize on the b...

5 months ago - GlobeNewsWire

Flywire Corporation: Strong Secular Tailwind And Visibility To Margin Expansion

My view is a buy rating for Flywire Corporation. FLYW largest targeted market - education - has a strong growth outlook. Improving profitability should support a valuation rerating.

6 months ago - Seeking Alpha

Flywire improves efficiency and cash flow for higher education institutions with expanded availability of third-party invoicing solution

Enables modern, intuitive payment experience for third-party sponsors paying a student's tuition, fees and other education-related expenses Enables modern, intuitive payment experience for third-party...

7 months ago - GlobeNewsWire

Flywire Corporation (FLYW) Q1 2024 Earnings Call Transcript

Flywire Corporation (NASDAQ:FLYW) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Akil Hollis - Vice President, Financial Planning and Analysis Mike Massaro - Chief Execu...

8 months ago - Seeking Alpha

Flywire Reports First Quarter 2024 Financial Results

First Quarter Revenue Increased 21% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 24% Year-over-Year Company Provides Second Quarter and Fiscal-Year 2024 Outlook BOSTON, May 0...

8 months ago - GlobeNewsWire

Flywire Named Title Sponsor for Major League Table Tennis Championship Weekend at Loyola University's Gentile Arena

PRINCETON, N.J. , April 18, 2024 /PRNewswire/ -- Major League Table Tennis (MLTT) is thrilled to announce Flywire (Nasdaq: FLYW) as the title sponsor for its upcoming championship weekend, set to take...

8 months ago - PRNewsWire

Flywire to Announce First Quarter 2024 Results on May 7, 2024

BOSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its first quarter 2024 financial resul...

8 months ago - GlobeNewsWire

Flywire: Doubling Down On Education Vertical To Fuel Future Growth

Flywire is a global payment company that focuses on specific verticals, including education, healthcare, travel, and B2B. The company's stock performance has been lackluster since going public, with a...

9 months ago - Seeking Alpha

Flywire Partners with VTEX to Deliver Integrated Payment Experience to Higher Education Institutions across Latin America

Flywire's integration with VTEX provides a streamlined payment experience across entire student financial lifecycle Partnership underscores Flywire's commitment to expansion throughout Latin America B...

9 months ago - GlobeNewsWire