Flywire Corporation (FLYW)
NASDAQ: FLYW · Real-Time Price · USD
22.85
+0.49 (2.19%)
Nov 21, 2024, 12:59 PM EST - Market open
Flywire Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 475.14 | 403.09 | 289.38 | 201.15 | 131.78 | 94.92 |
| Revenue Growth (YoY) | 26.50% | 39.30% | 43.86% | 52.64% | 38.84% | - |
| Cost of Revenue | 172.89 | 147.34 | 107.93 | 70.19 | 47.81 | 36.73 |
| Gross Profit | 302.25 | 255.76 | 181.44 | 130.96 | 83.98 | 58.19 |
| Selling, General & Admin | 248.18 | 214.47 | 163.41 | 109.96 | 68.39 | 59.58 |
| Research & Development | 66.16 | 62.03 | 50.26 | 31.3 | 24.5 | 15.01 |
| Operating Expenses | 314.35 | 276.49 | 213.67 | 141.25 | 92.89 | 74.59 |
| Operating Income | -12.1 | -20.74 | -32.23 | -10.29 | -8.92 | -16.4 |
| Interest Expense | -0.5 | -0.37 | -1.21 | -2.02 | -2.53 | -2.46 |
| Interest & Investment Income | 22.21 | 13.35 | 3.24 | - | 0.1 | 0.6 |
| Currency Exchange Gain (Loss) | 9.79 | 4.19 | -9.17 | 0.11 | 0.6 | -0.1 |
| Other Non Operating Income (Expenses) | - | - | - | -10.76 | -0.63 | -0.15 |
| EBT Excluding Unusual Items | 19.4 | -3.57 | -39.36 | -22.96 | -11.38 | -18.51 |
| Merger & Restructuring Charges | -0.4 | -0.4 | -0.8 | -0.7 | -1.5 | -0.4 |
| Other Unusual Items | 0.99 | -0.38 | 2.81 | -2.26 | -5.4 | -0.66 |
| Pretax Income | 19.99 | -4.35 | -37.36 | -25.93 | -18.28 | -19.57 |
| Income Tax Expense | -0.1 | 4.21 | 1.99 | 2.16 | -7.17 | 0.55 |
| Net Income | 20.09 | -8.57 | -39.35 | -28.09 | -11.11 | -20.12 |
| Preferred Dividends & Other Adjustments | - | - | - | 0.01 | 0.01 | - |
| Net Income to Common | 20.09 | -8.57 | -39.35 | -28.1 | -11.12 | -20.12 |
| Shares Outstanding (Basic) | 124 | 115 | 108 | 71 | 18 | 16 |
| Shares Outstanding (Diluted) | 127 | 115 | 108 | 71 | 18 | 16 |
| Shares Change (YoY) | 14.16% | 6.39% | 51.66% | 287.00% | 14.46% | - |
| EPS (Basic) | 0.16 | -0.07 | -0.36 | -0.39 | -0.60 | -1.25 |
| EPS (Diluted) | 0.16 | -0.07 | -0.36 | -0.39 | -0.60 | -1.25 |
| Free Cash Flow | 191.79 | 79.62 | 4.07 | 16.08 | -16.36 | 0.33 |
| Free Cash Flow Per Share | 1.50 | 0.69 | 0.04 | 0.23 | -0.89 | 0.02 |
| Gross Margin | 63.61% | 63.45% | 62.70% | 65.10% | 63.72% | 61.31% |
| Operating Margin | -2.55% | -5.14% | -11.14% | -5.12% | -6.76% | -17.27% |
| Profit Margin | 4.23% | -2.13% | -13.60% | -13.97% | -8.44% | -21.19% |
| Free Cash Flow Margin | 40.36% | 19.75% | 1.41% | 8.00% | -12.42% | 0.34% |
| EBITDA | 1.2 | -7.87 | -21.52 | -2.1 | -2.22 | -12.67 |
| EBITDA Margin | 0.25% | -1.95% | -7.44% | -1.04% | -1.69% | -13.35% |
| D&A For EBITDA | 13.3 | 12.86 | 10.7 | 8.2 | 6.69 | 3.73 |
| EBIT | -12.1 | -20.74 | -32.23 | -10.29 | -8.92 | -16.4 |
| EBIT Margin | -2.55% | -5.14% | -11.14% | -5.12% | -6.76% | -17.27% |
| Advertising Expenses | - | 6.6 | 4.9 | 3.2 | 1.3 | 2.5 |
Source: S&P Capital IQ. Standard template. Financial Sources.