Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, 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. Flywire Corporation 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.

Flywire Corporation

Simplee

WPM Education

Flywire Corporation (Nasdaq: FLYW) is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software - what we call our Flywire Advantage - to deliver the most important and complex payments for our clients and their customers.

Whether in education, healthcare, travel or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges—from invoicing to payment reconciliation. Around the clock multilingual support via phone, email, and chat, and online tracking, ensures that both the client and customer have complete control over their payments. 

Flywire supports over 3,700+ clients around the world with diverse payment methods in more than 140 currencies across 240 countries and territories. The company is headquartered in Boston and has offices around the globe. 

Flywire counts Goldman Sachs, Temasek, Bain Capital Ventures, Spark Capital, F-Prime, Whale Rock Capital Management, Marshall Wace LLP, and Sunley House Capital, Advent International among its investors.  

Temasek Holdings

Tiger Management Corporation

Marshall Wace

Adage Capital Management

Advent International

Whale Rock Capital Management

Goldman Sachs

Spark Capital

Sunley House Capital Management

Flywire

JCB is proud to be partnering with Flywire to offer JCB cardmembers a special discount as an incentive to use Flywire's secure and streamlined way to make tuition and educational payments.

#JCBCard #Flywire #Globalpayments #education #tuition #internationalstudents #crossborderpayments 

As part of our full year and Q4 2023 earnings, Flywire delivered continued growth throughout the business, adding more than 700 new clients across all verticals and moving more than $24 billion dollars through our global payment network in 2023. Full details: https://lnkd.in/eF3GuYYF #flywire #payments #earnings #fintech 

Empowering students, enhancing efficiency: insights from a recent webinar on revolutionizing #HigherEd affordability. 💡 Learn how proactive collection strategies are reshaping the financial landscape for both students and institutions.  https://bit.ly/42SbPNP #FlywireEDU #affordability #collections 

Thrilled to share our insights from the HealthLeaders Revenue Cycle Exchange. The challenges in healthcare revenue cycle management are real, but so are the solutions. Here are three key takeaways: https://bit.ly/3T0TycO #healthcare #revenuecycle 

Last week we hosted an executive soirée with Flywire and Xetta in Malaysia 🇲🇾 We are thrilled about this meaningful partnership to help shape the landscape of the education market in Malaysia. #FlywireEDU #malaysia #partnership 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-20.12M -	-11.11M 44.79%	-27.96M 151.72%	-39.35M 40.73%	-8.57M 78.23%
depreciation and amortization	3.73M -	6.79M 82.14%	9.00M 32.44%	12.30M 36.74%	17.55M 42.66%
deferred income tax	-11K -	-8.54M 77,490.91%	-45K 99.47%	-1.71M 3,695.56%	72K 104.22%
stock based compensation	2.95M -	3.84M 30.35%	18.93M 392.40%	30.26M 59.86%	43.73M 44.51%
change in working capital	16.17M -	-12.12M 174.95%	3.30M 127.22%	3.88M 17.52%	26.84M 592.01%
accounts receivables	-431K -	-1.55M 260.79%	-587K 62.25%	-323K 44.97%	-58.45M 17,996.28%
inventory	13.52M -	-16.16M 219.58%	-7.64M 52.73%
accounts payables	2.25M -	5.67M 151.96%	11.69M 106.14%	6.57M 43.78%	92.16M 1,302.80%
other working capital	838K -	-73K 108.71%	-159K 117.81%	-2.37M 1,389.94%	-6.88M 190.29%
other non cash items	1.35M -	6.90M 412.09%	13.91M 101.49%	-506K 103.64%	1.00M 298.42%
net cash provided by operating activities	4.07M -	-14.22M 449.20%	17.13M 220.45%	4.88M 71.51%	80.63M 1,552.15%
investments in property plant and equipment	-3.75M -	-2.14M 42.88%	-6.68M 212.19%	-7.09M 6.10%	-6.01M 15.21%
acquisitions net		-79.40M -	-56.11M 29.33%	-17.59M 68.65%	-32.76M 86.23%
purchases of investments
sales maturities of investments
other investing activites			-119K -
net cash used for investing activites	-3.75M -	-81.54M 2,075.61%	-62.91M 22.84%	-24.68M 60.76%	-38.78M 57.09%
debt repayment	-10M -	-4.17M 58.33%	-25M 499.95%	-25.94M 3.76%
common stock issued	453K -	120.53M 26,506.62%	268.69M 122.93%	1.27M 99.53%	274.17M 21,471.20%
common stock repurchased	-295K -			-2.56M -
dividends paid	-10.45M -			-2.56M -
other financing activites	16.38M -	2.69M 83.59%	83.82M 3,018.23%	5.83M 93.05%	-10.75M 284.55%
net cash used provided by financing activities	-3.92M -	119.05M 3,140.84%	327.51M 175.11%	-23.97M 107.32%	263.42M 1,198.95%
effect of forex changes on cash	15K -	-259K 1,826.67%	-1.42M 448.65%	5.59M 493.53%	-1.83M 132.81%
net change in cash	-3.58M -	23.02M 744.06%	280.31M 1,117.41%	-38.18M 113.62%	303.43M 894.68%
cash at beginning of period	89.60M -	86.03M 3.99%	109.05M 26.76%	389.36M 257.04%	351.18M 9.81%
cash at end of period	86.03M -	109.05M 26.76%	389.36M 257.04%	351.18M 9.81%	654.61M 86.40%
operating cash flow	4.07M -	-14.22M 449.20%	17.13M 220.45%	4.88M 71.51%	80.63M 1,552.15%
capital expenditure	-3.75M -	-2.14M 42.88%	-6.68M 212.19%	-7.09M 6.10%	-6.01M 15.21%
free cash flow	325K -	-16.36M 5,135.08%	10.45M 163.84%	-2.21M 121.17%	74.61M 3,473.06%

COM:FLYWIRE

Flywire Corporation

Last Close

22.93

22/11 21:00

Market Cap

1.99B

Beta: -

Volume Today

962.78K

Avg: -

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