Flywire Corporation (FLYW)

NASDAQ: FLYW · IEX Real-Time Price · USD
21.13
-0.28 (-1.31%)
At close: Apr 24, 2024, 4:00 PM
21.12
-0.01 (-0.05%)
After-hours: Apr 24, 2024, 6:02 PM EDT
-1.31%
Market Cap 2.56B
Revenue (ttm) 403.09M
Net Income (ttm) -8.57M
Shares Out 120.96M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 340.10
Dividend n/a
Ex-Dividend Date n/a
Volume 1,378,053
Open 21.51
Previous Close 21.41
Day's Range 21.13 - 21.73
52-Week Range 18.65 - 35.80
Beta 1.02
Analysts Strong Buy
Price Target 34.93 (+65.31%)
Earnings Date May 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 14 analysts, the average rating for FLYW stock is "Strong Buy." The 12-month stock price forecast is $34.93, which is an increase of 65.31% from the latest price.

Price Target
$34.93
(65.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days 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 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

Flywire to Attend Upcoming Investor Conferences

BOSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that the Company's managemen...

7 weeks ago - GlobeNewsWire

Flywire Reports Fourth Quarter and Fiscal-Year 2023 Financial Results

Fourth Quarter Revenue Increased 37.5% Year-over-Year Fourth Quarter Revenue Less Ancillary Services Increased 42.6% Year-over-Year Company Provides First Quarter and Fiscal-Year 2024 Outlook BOSTON, ...

2 months ago - GlobeNewsWire

Cosmin Pitigoi to Join Flywire as Chief Financial Officer

Former PayPal senior finance executive brings decades of experience and leadership across global payments, pricing, treasury, finance and investor relations Former PayPal senior finance executive brin...

2 months ago - GlobeNewsWire

Best Small-Cap Stocks to Buy for 2024 and Beyond

Wall Street's best small-cap stocks to buy include pharma, biotech and specialty retail names.

4 months ago - Kiplinger

Flywire survey: Experiential travel drives strong growth for global travel providers

97% of those surveyed are expecting their business to grow over the next five years 86% of travel providers consider their payment process an extension of their brand BOSTON, Dec. 05, 2023 (GLOBE NEWS...

5 months ago - GlobeNewsWire

Flywire research: Under pressure to control costs and maximize revenue, healthcare CFOs prioritize patient payments

Data reveals that patient responsibility is a critical lever to improve financial health of hospitals 83% of CFOs and finance leaders surveyed said better technology would help them shorten the revenu...

5 months ago - GlobeNewsWire

Flywire Reports Third Quarter 2023 Financial Results

Third Quarter Revenue Increased 29.5% Year-over-Year Third Quarter Revenue Less Ancillary Services Increased 31.4% Year-over-Year Company Raises Full Year Outlook Before FX Impacts BOSTON, Nov. 07, 20...

6 months ago - GlobeNewsWire

Flywire Acquires StudyLink to Accelerate Expansion in the Australian Higher Education Market

The addition of StudyLink is expected to bolster Flywire's education solution with a comprehensive international admissions, application & agent management software platform

6 months ago - GlobeNewsWire

Flywire Global Education Survey: Payments Are a Path to Better Student Outcomes

90% of those surveyed said access to a simplified payment process would improve their higher education experience 90% of those surveyed said access to a simplified payment process would improve their ...

7 months ago - GlobeNewsWire

Flywire appoints Gretchen Howard to its Board of Directors

Former Fidelity, Google and Robinhood executive brings deep operating experience to Flywire's Board Former Fidelity, Google and Robinhood executive brings deep operating experience to Flywire's Board

7 months ago - GlobeNewsWire

Flywire to Participate in Autonomous Future of Commerce Virtual Symposium

BOSTON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company"), a global payments enablement and software company, today announced that on Thursday, Septembe...

8 months ago - GlobeNewsWire

Flywire Announces Pricing of Follow-On Offering

BOSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced the pricing of its underwr...

9 months ago - GlobeNewsWire

Flywire Launches Proposed Follow-On Offering

BOSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced the launch of a proposed f...

9 months ago - GlobeNewsWire

Flywire Reports Second Quarter 2023 Financial Results

Second Quarter Revenue Increased 50.3% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 54.4% Year-over-Year or 56.7% on a Constant Currency Basis Second Quarter Gross Profit In...

9 months ago - GlobeNewsWire

FranConnect Transforms Franchise Payment Process with Expanded Availability of Sign-to-Pay Solution

HERNDON, Va. , Aug. 1, 2023 /PRNewswire/ -- FranConnect, the leading franchise and multi-location management software provider, is excited to announce its launch of the Sign-to-Pay solution in partner...

9 months ago - PRNewsWire

Flywire to Announce Second Quarter 2023 Results on August 8, 2023

BOSTON, July 05, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter 2023 financial resul...

10 months ago - GlobeNewsWire

Flywire Partners with DISCO to Digitize International Education Payments in Japan

Flywire is DISCO's exclusive international payments provider for enrollment and application fees, integrates directly into DISCO's e-apply system

11 months ago - GlobeNewsWire

The Flywire Charitable Foundation Announces Fourth Annual Scholarship Program

Flywire doubles the number of scholarships granted to help a wider pool of international students manage costs associated with higher education

1 year ago - GlobeNewsWire

Flywire to Announce First Quarter 2023 Results on May 9, 2023

BOSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Today,  Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, announced that its first quarter 2023 financial resu...

1 year ago - GlobeNewsWire

Flywire wins 2022 Ellucian Partner of the Year for Integration Excellence

Flywire's award-winning integration with Ellucian part of enhanced partnership that delivers powerful payments solutions for global higher education market Flywire's award-winning integration with Ell...

1 year ago - GlobeNewsWire

Flywire Survey: Finance Professionals Look to ERP Integrations to Streamline B2B Payments

89% of survey respondents think businesses could save money if more of the cross-border receivables process was integrated with their ERP system

1 year ago - GlobeNewsWire

Flywire Survey: Luxury Travelers Expected to Spend Even More Than Last Year on Vacations

Travelers are expecting to spend more on vacations, and to extend their trips for longer, compared to last year Travelers are expecting to spend more on vacations, and to extend their trips for longer...

1 year ago - GlobeNewsWire