Flywire Corporation (FLYW)

NASDAQ: FLYW · IEX Real-Time Price · USD
31.48
+0.36 (1.16%)
Sep 27, 2023, 4:00 PM EDT - Market closed
1.16%
Market Cap 3.74B
Revenue (ttm) 347.51M
Net Income (ttm) -25.90M
Shares Out 118.79M
EPS (ttm) -0.22
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,133,640
Open 31.25
Previous Close 31.12
Day's Range 31.11 - 31.88
52-Week Range 17.16 - 35.80
Beta 1.13
Analysts Strong Buy
Price Target 38.82 (+23.32%)
Earnings Date Nov 7, 2023

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; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and busi... [Read more]

Sector Technology
IPO Date May 26, 2021
Employees 1,000
Stock Exchange NASDAQ
Ticker Symbol FLYW
Full Company Profile

Financial Performance

In 2022, Flywire's revenue was $289.38 million, an increase of 43.86% compared to the previous year's $201.15 million. Losses were -$39.35 million, 40.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for FLYW stock is "Strong Buy." The 12-month stock price forecast is $38.82, which is an increase of 23.32% from the latest price.

Price Target
$38.82
(23.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

1 day 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 days 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...

20 days 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

2 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...

3 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

4 months ago - GlobeNewsWire

Flywire to Attend Upcoming Investor Conferences

BOSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that the Company's management...

5 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

5 months 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...

6 months 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...

6 months 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

6 months 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...

7 months ago - GlobeNewsWire

Flywire Reports Fourth Quarter and Fiscal-Year 2022 Financial Results

Fourth Quarter Revenue Increased 42% Year-over-Year

7 months ago - GlobeNewsWire

Flywire and FranConnect Develop B2B Payments Solution for Franchisors

Flywire and FranConnect have partnered on a B2B payments solution for franchisors. The addition of Flywire's global payments enablement and software to FranConnect's franchise management technology wi...

7 months ago - PYMNTS

Flywire Partners with FranConnect to Provide Integrated B2B Payments Solution to the Franchise Industry

Flywire's integrated offering with leading provider of franchise management solutions offers a streamlined payment experience for franchisors

7 months ago - GlobeNewsWire

Flywire Announces Changes to Board of Directors

Flywire appoints Diane Offereins, EVP and President, Payment Services at Discover Financial Services to Flywire's Board of Directors

9 months ago - GlobeNewsWire

Flywire Survey: Healthcare IT Leaders Will Play a Leading Role in Improving Patient Experience

90% of IT leaders surveyed say they're being measured against patient collections metrics

10 months ago - GlobeNewsWire

Flywire Partners with HDFC Bank to Digitize Education Payments from India

Provides Indian students a fully digital checkout experience for cross-border education payments

11 months ago - GlobeNewsWire

Flywire to Participate in Upcoming Investor Conferences

BOSTON, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or “the Company") a global payments enablement and software company, today announced that the Company's managemen...

11 months ago - GlobeNewsWire

Flywire to Announce Third Quarter 2022 Results on November 8, 2022

BOSTON, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Today,  Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, announced that its third quarter 2022 financial resul...

1 year ago - GlobeNewsWire

The Flywire Charitable Foundation Awards Eight New Scholarships to International Students

Eight students selected for outstanding contributions to the academic fields of social justice, global health, global citizenship and environmental sustainability

1 year ago - GlobeNewsWire

Flywire Partners with Universitas XXI to Deliver Integrated Payment Solution to Higher Education Institutions in Spain and Latin America

Flywire's integrated offering with Universitas XXI provides students a streamlined payment experience, from initial application through to tuition

1 year ago - GlobeNewsWire