Flywire Corporation (FLYW)

NASDAQ: FLYW · Real-Time Price · USD
18.15
+0.36 (2.00%)
Sep 16, 2024, 2:39 PM EDT - Market open
2.00%
Market Cap 2.27B
Revenue (ttm) 441.65M
Net Income (ttm) -8.17M
Shares Out 125.26M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 29.89
Dividend n/a
Ex-Dividend Date n/a
Volume 227,886
Open 17.86
Previous Close 17.79
Day's Range 17.58 - 18.21
52-Week Range 15.19 - 32.84
Beta 0.98
Analysts Strong Buy
Price Target 26.54 (+46.27%)
Earnings Date Nov 5, 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 $26.54, which is an increase of 46.27% from the latest price.

Price Target
$26.54
(46.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days ago - Seeking Alpha

Flywire to Attend Upcoming Investor Conferences

BOSTON, Aug. 26, 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 att...

20 days ago - GlobeNewsWire

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...

5 weeks 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...

5 weeks 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

5 weeks 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...

6 weeks 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.

6 weeks 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...

2 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...

2 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.

2 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...

4 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...

4 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...

4 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...

5 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...

5 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...

5 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...

6 months ago - GlobeNewsWire

Flywire Corporation (FLYW) Q4 2023 Earnings Call Transcript

Flywire Corporation (FLYW) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

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, ...

7 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...

7 months ago - GlobeNewsWire

Flywire: I Remain Positive Despite Recent Downside

Flywire's Q3 results fell below expectations due to adverse FX, implementation delays, and weaker performance in India. The company's exposure to recession-resistant verticals, such as healthcare and ...

8 months ago - Seeking Alpha

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.

9 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...

10 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...

10 months ago - GlobeNewsWire

Flywire Corporation (FLYW) Q3 2023 Earnings Call Transcript

Flywire Corporation (NASDAQ:FLYW) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Akil Hollis - Investor Relations Michael Massaro - Chief Executive Officer Rob Orge...

11 months ago - Seeking Alpha