FLYW - Flywire Corporation Stock Price, Fair Value and News

16.62USD-0.16 (-0.95%)Market Closed

Market Summary

USD16.62-0.16

Market Closed

-0.95%

FLYW Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

FLYW Stock Price

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FLYW RSI Chart

FLYW Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

-183.05

Price/Sales (Trailing)

4.81

EV/EBITDA

128.05

Price/Free Cashflow

32.46

FLYW Price/Sales (Trailing)

FLYW Profitability

EBT Margin

-1.35%

Return on Equity

-1.39%

Return on Assets

-1.11%

Free Cashflow Yield

3.08%

FLYW Fundamentals

FLYW Revenue

Revenue (TTM)

422.8M

Rev. Growth (Yr)

20.93%

Rev. Growth (Qtr)

13.48%

FLYW Earnings

Earnings (TTM)

-11.1M

Earnings Growth (Yr)

-68.8%

Earnings Growth (Qtr)

-583.06%

Breaking Down FLYW Revenue

Last 7 days

-5.5%

Last 30 days

-18.6%

Last 90 days

-27.3%

Trailing 12 Months

-46.7%

How does FLYW drawdown profile look like?

FLYW Financial Health

Current Ratio

4.05

FLYW Investor Care

Shares Dilution (1Y)

12.44%

Diluted EPS (TTM)

-0.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	422.8M	0	0	0
2023	319.2M	347.5M	375.6M	403.1M
2022	220.7M	240.3M	267.7M	289.4M
2021	144.1M	157.3M	183.0M	201.1M
2020	0	107.2M	119.5M	131.8M
2019	0	0	0	94.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Flywire Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	king david r.	acquired	29,625	3.95	7,500	chief technology officer
May 03, 2024	massaro michael	acquired	37,638	0.35	107,538	chief executive officer
Apr 03, 2024	massaro michael	sold	-117,773	24.0746	-4,892	chief executive officer
Apr 03, 2024	massaro michael	sold	-314,005	24.0746	-13,043	chief executive officer
Mar 20, 2024	massaro michael	sold	-421,651	25.0565	-16,828	chief executive officer
Mar 20, 2024	massaro michael	sold	-158,132	25.0565	-6,311	chief executive officer
Mar 19, 2024	massaro michael	sold	-469,370	25.1148	-18,689	chief executive officer
Mar 19, 2024	massaro michael	sold	-1,251,820	25.1148	-49,844	chief executive officer
Mar 13, 2024	riese phillip john	sold	-655,138	26.2055	-25,000	-
Mar 12, 2024	riese phillip john	sold	-1,320,660	26.4133	-50,000	-

Which funds bought or sold FLYW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.68	56,253	2,666,210	-%
May 16, 2024	COMERICA BANK	added	14.81	3,241,910	17,312,400	0.07%
May 16, 2024	JANE STREET GROUP, LLC	added	104	4,208,350	7,751,340	-%
May 15, 2024	BlueMar Capital Management, LLC	reduced	-1.39	45,230	842,076	1.42%
May 15, 2024	Temasek Holdings (Private) Ltd	reduced	-18.34	-30,741,300	215,472,000	1.19%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	reduced	-39.01	-285,257	538,327	-%
May 15, 2024	Centiva Capital, LP	reduced	-12.01	-53,241	879,936	0.02%
May 15, 2024	Cubist Systematic Strategies, LLC	reduced	-80.92	-541,982	139,299	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-91.66	-265,431	26,050	-%
May 15, 2024	MARSHALL WACE, LLP	added	217	28,445,900	40,306,600	0.06%

Are Funds Buying or Selling FLYW?

Are funds buying FLYW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FLYW

No. of Funds

Unveiling Flywire Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	4.2%	5,059,334	SC 13G/A
Feb 13, 2024	vanguard group inc	9.00%	10,761,286	SC 13G/A
Feb 13, 2024	bain capital venture fund 2014, l.p.	0%	0	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.5%	7,770,569	SC 13G
Aug 08, 2023	fmr llc	-	0	SC 13G
Feb 14, 2023	alliancebernstein l.p.	5.5%	5,709,945	SC 13G
Feb 14, 2023	bain capital venture fund 2014, l.p.	0.3%	9,556,504	SC 13G/A
Feb 09, 2023	vanguard group inc	7.63%	7,966,559	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Flywire Corporation

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Apr 16, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Flywire Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.1T	236.6B	2.04%	31.94%	36.24	13.2	13.97%	24.86%
ADBE	216.6B	19.9B	1.92%	34.16%	45.12	10.87	10.76%	1.35%
CRWD	82.6B	3.1B	17.82%	143.95%	924.45	27.03	36.33%	148.75%
SQ	44.6B	22.9B	-1.67%	21.44%	89.43	1.95	23.28%	240.37%
AKAM	14.5B	3.9B	-5.09%	8.50%	23.17	3.74	7.01%	28.42%
FFIV	10.2B	2.8B	-3.92%	22.69%	20.48	3.67	0.20%	52.82%
MID-CAP
ALTR	7.5B	619.6M	12.28%	29.55%	779.75	12.06	7.11%	116.83%
HCP	6.4B	583.1M	40.42%	1.19%	-33.59	10.98	22.54%	30.49%
ACIW	4.0B	1.5B	19.09%	52.81%	27.07	2.67	6.51%	54.77%
APPN	2.4B	560.0M	-6.27%	-15.47%	-22.61	4.34	14.52%	34.67%
SMALL-CAP
CSGS	1.3B	1.2B	-10.96%	-12.92%	19.76	1.09	3.70%	18.24%
ATEN	1.2B	254.7M	26.48%	15.07%	26.36	4.73	-7.51%	2.74%
BAND	590.0M	634.3M	29.78%	103.56%	-20.22	0.93	9.43%	-197.31%
DTSS	20.5M	23.3M	-8.22%	-61.16%	-1.79	0.88	336.57%	-92.79%
BLIN	13.0M	15.3M	-	31.58%	-1.29	0.85	-7.99%	-1417.41%

Flywire Corporation News

Latest updates

Flywire Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	13.5%	114,103,000	100,545,000	123,323,000	84,869,000	94,357,000	73,053,000	95,232,000	56,537,000	64,553,000	51,394,000	67,788,000	36,976,000	44,991,000	33,231,000	42,086,000	23,757,000	-
Operating Expenses	-100.0%	-	110,573,000	111,437,000	101,677,000	100,925,000	82,424,000	91,580,000	73,934,000	71,657,000	61,721,000	56,692,000	44,535,000	51,458,000	36,212,000	36,668,000	38,919,000	-
S&GA Expenses	4.3%	30,083,000	28,830,000	27,084,000	27,273,000	24,434,000	20,287,000	21,674,000	18,887,000	17,608,000	15,908,500	12,540,000	10,906,000	11,931,000	8,270,000	7,640,000	8,125,000	-
R&D Expenses	-1.0%	16,737,000	16,898,000	14,591,000	16,016,000	14,523,000	12,692,000	13,385,000	13,204,000	10,976,000	9,092,000	7,752,000	6,929,000	7,522,000	6,696,000	6,079,000	6,378,000	-
EBITDA Margin	-10.9%	0.03	0.03	0.02	-0.02	-0.05	-0.08	-0.12	-0.08	-0.07	-0.07	-0.05	-0.09	-0.09	-0.07	-0.11	-0.12	-0.14
Interest Expenses	29.7%	142,000	109,500	100,000	78,000	103,000	317,000	400,000	266,000	200,000	237,500	542,000	600,000	621,000	640,000	584,000	679,000	-
Income Taxes	-40.0%	1,615,000	2,690,000	-752,000	1,107,000	417,000	-867,000	1,277,000	1,078,000	500,000	1,340,000	346,000	273,000	199,000	622,000	-382,000	272,000	-
Earnings Before Taxes	-242.7%	-4,602,000	3,225,000	11,395,000	-15,706,000	-3,266,000	-1,996,000	-2,995,000	-22,719,000	-9,649,000	-9,941,000	10,340,000	-17,873,000	-8,453,000	-3,409,000	4,839,000	-15,725,000	-
EBT Margin	-24.6%	-0.01	-0.01	-0.03	-0.07	-0.10	-0.13	-0.17	-0.13	-0.12	-0.13	-0.11	-0.16	-0.16	-0.14	-0.16	-0.18	-0.21
Net Income	-583.1%	-6,217,000	1,287,000	10,643,000	-16,813,000	-3,683,000	-1,129,000	-4,272,000	-23,797,000	-10,149,000	-11,281,000	9,994,000	-18,146,000	-8,652,000	-4,031,000	5,221,000	-15,997,000	-
Net Income Margin	-23.5%	-0.03	-0.02	-0.03	-0.07	-0.10	-0.14	-0.18	-0.15	-0.13	-0.14	-0.11	-0.16	-0.16	-0.08	-0.17	-0.19	-0.21
Free Cashflow	-164.3%	-38,348,000	59,682,000	46,257,000	-4,996,000	-21,327,000	32,861,000	-451,000	-11,229,000	-17,107,000	-3,494,000	9,486,000	26,355,000	-16,265,000	13,014,000	12,492,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	-7.5%	999	1,080	982	639	621	674	641	606	610	640	623	580	271
Current Assets	-9.4%	739	816	762	414	396	451	423	415	414	444	500	457	149
Cash Equivalents	-5.4%	619	655	638	328	327	349	351	363	370	389	453	417	109
Net PPE	3.0%	16.00	15.00	15.00	15.00	14.00	13.00	12.00	12.00	10.00	9.00	9.00	8.00	5.00
Goodwill	-1.6%	120	122	97.00	99.00	98.00	98.00	95.00	82.00	85.00	86.00	45.00	45.00	45.00
Liabilities	-31.3%	202	294	207	147	131	192	167	143	131	158	135	105	123
Current Liabilities	-33.3%	183	274	192	132	116	177	123	106	91.00	117	107	78.00	88.00
Long Term Debt	-	-	-	-	-	-	-	26.00	26.00	26.00	26.00	26.00	24.00	24.00
LT Debt, Non Current	-	-	-	-	-	-	-	26.00	26.00	26.00	26.00	26.00	24.00	24.00
Shareholder's Equity	1.4%	797	786	775	491	490	482	475	463	478	482	488	475	-
Retained Earnings	-3.6%	-179	-173	-175	-185	-168	-165	-164	-159	-136	-125	-114	-124	-97.77
Additional Paid-In Capital	1.9%	978	959	954	677	662	650	640	624	615	609	603	600	17.00
Shares Outstanding	1.3%	122	121	119	110	109	107	108	107	107	71.00	60.00	52.00	18.00
Float	-	-	-	-	3,368	-	-	-	1,079	-	-	-	2,418	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	-163.8%	-38,093	59,748	46,529	-4,806	-20,846	33,155	-137	-10,586	-17,005	-7,674	11,252	28,345	-14,792	13,343	13,043	-	-
Share Based Compensation	19.4%	14,842	12,427	11,320	11,376	8,603	7,798	8,529	8,437	5,495	3,390	2,778	2,396	10,364	984	1,036	-	-
Cashflow From Investing	95.5%	-1,514	-33,686	-1,608	-1,634	-1,849	-2,099	-18,931	-2,326	-1,307	-57,566	-8,930	5,055	-1,473	-329	-551	-	-
Cashflow From Financing	131.0%	2,249	-7,257	264,974	3,900	1,801	-24,579	2,392	1,222	-3,005	2,836	-194	266,692	58,178	167	86.00	-	-

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FLYW Income Statement

2024-03-31

Condensed Consolidated Statements of Operations And Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 114,103	$ 94,357
Costs and operating expenses:
Payment processing services costs	41,650	33,855
Technology and development	16,737	14,523
Selling and marketing	30,083	24,434
General and administrative	31,596	28,113
Total costs and operating expenses	120,066	100,925
Loss from operations	(5,963)	(6,568)
Other income (expense):
Interest expense	(142)	(103)
Interest income	5,879	1,935
(Loss) gain from remeasurement of foreign currency	(4,376)	1,470
Total other income (expense), net	1,361	3,302
Loss before provision for income taxes	(4,602)	(3,266)
Provision for income taxes	1,615	417
Net loss	(6,217)	(3,683)
Foreign currency translation adjustment	(1,361)	(367)
Comprehensive loss	(7,578)	(4,050)
Net loss attributable to common stockholders - basic	(6,217)	(3,683)
Net loss attributable to common stockholders - diluted	$ (6,217)	$ (3,683)
Net loss per share attributable to common stockholders - basic	$ (0.05)	$ (0.03)
Net loss per share attributable to common stockholders - diluted	$ (0.05)	$ (0.03)
Weighted average common shares outstanding - basic	123,143,343	109,787,528
Weighted average common shares outstanding - diluted	123,143,343	109,787,528

FLYW Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 619,014	$ 654,608
Accounts receivable, net of allowance of $498 and $507, respectively	19,688	18,215
Unbilled receivables, net of allowance of $18 and $27, respectively	7,995	10,689
Funds receivable from payment partners	76,231	113,945
Prepaid expenses and other current assets	16,222	18,227
Total current assets	739,150	815,684
Property and equipment, net	15,588	15,134
Intangible assets, net	103,421	108,178
Goodwill	119,720	121,646
Other assets	20,836	19,089
Total assets	998,715	1,079,731
Current liabilities:
Accounts payable	15,385	12,587
Funds payable to clients	124,111	210,922
Accrued expenses and other current liabilities	37,385	43,315
Deferred revenue	5,619	6,968
Total current liabilities	182,500	273,792
Deferred tax liabilities	14,587	15,391
Other liabilities	4,643	4,431
Total liabilities	201,730	293,614
Commitments and contingencies (Note 14)
Stockholders' equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; and no shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Voting common stock, $0.0001 par value; 2,000,000,000 shares authorized as of March 31, 2024 and December 31, 2023; XXX,XXX,XXX shares issued and XXX,XXX,XXX shares outstanding as of March 31, 2024; 123,010,207 shares issued and 120,695,162 shares outstanding as of December 31, 2023	11	11
Non-voting common stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 1,873,320 shares issued and outstanding as of March 31, 2024 and December 31, 2023	1	1
Treasury voting common stock, 2,300,541 and 2,315,045 shares as of March 31, 2024 and December 31, 2023, respectively, held at cost	(742)	(747)
Additional paid-in capital	977,743	959,302
Accumulated other comprehensive (loss) income	(41)	1,320
Accumulated deficit	(179,987)	(173,770)
Total stockholders' equity	796,985	786,117
Total liabilities and stockholders' equity	$ 998,715	$ 1,079,731

About Flywire Corporation

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 business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.

CEO	Mr. Michael Massaro
WEBSITE	flywire.com
INDUSTRY	Software - Infra
EMPLOYEES	1000

Flywire Corporation Frequently Asked Questions

What is the ticker symbol for Flywire Corporation? What does FLYW stand for in stocks?

FLYW is the stock ticker symbol of Flywire Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Flywire Corporation (FLYW)?

As of Fri May 17 2024, market cap of Flywire Corporation is 2.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FLYW stock?

You can check FLYW's fair value in chart for subscribers.

What is the fair value of FLYW stock?

You can check FLYW's fair value in chart for subscribers. The fair value of Flywire Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Flywire Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FLYW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Flywire Corporation a good stock to buy?

The fair value guage provides a quick view whether FLYW is over valued or under valued. Whether Flywire Corporation is cheap or expensive depends on the assumptions which impact Flywire Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FLYW.

What is Flywire Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FLYW's PE ratio (Price to Earnings) is -183.05 and Price to Sales (PS) ratio is 4.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FLYW PE ratio will change depending on the future growth rate expectations of investors.