Flywire Corp

Flywire Corp. is a payments enablement and software company. The firm engages in providing vertical-specific software and payments technology to embed within the existing accounts receivable (AR) workflows for clients across the education, healthcare, travel vertical markets, and business-to-business (B2B) industries. It also integrates with enterprise resource planning (ERP) systems, such as NetSuite, which allows organizations to optimize the payment experience of customers. The company was founded by Marcaide Marchite Iker in July 2009 and is headquartered in Boston, MA.

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Flywire Corp reports robust earnings, eyes growth through acquisitions

Flywire Corp's strong performance in Q4 2022 and FY 2022 showcases growth and client expansion
While challenges like declining gross margins and lack of free cash flow guidance exist, opportunities in multiple growth levers are promising
Strategic acquisitions and positive industry trends position Flywire for continued success in 2023
Investments in go-to-market strategy and client expansion are key focus areas for future growth

Flywire Corp (FLYW) posts strong Q1 results, raises full-year guidance

Flywire Corp (FLYW) reported robust Q1 2023 performance, with strong revenue growth, improved margins, and positive operational developments, positioning the company for continued success and market expansion.
While facing challenges in managing expenses and adjusting gross margins, Flywire's strategic investments, raised revenue guidance, and focus on key growth areas offer opportunities for sustained growth and profitability.
By leveraging its strengths, addressing challenges, and capitalizing on opportunities, Flywire is well-positioned to navigate market dynamics, drive margin expansion, and capitalize on emerging trends in the payments industry.

Flywire Corp (FLYW) reports robust Q2 results and raises full-year guidance

Flywire's Q2 2023 performance showcased significant revenue growth and improved profitability, leading to raised full-year guidance.
Despite challenges in healthcare and lower gross margins, the company remains optimistic about sustained growth and expansion opportunities.
Strong organic customer growth, strategic partnerships, and focus on innovation position Flywire well for future success and market competitiveness.

Flywire Corp (FLYW) posts record Q3 results, eyes strategic growth

Flywire Corp (FLYW) delivered strong Q3 2023 results, driven by record revenue and strategic acquisitions.
Operational highlights, new client wins, and community strengthening initiatives showcase Flywire's growth trajectory.
Challenges in FX volume and delayed deployments are being addressed, with a focus on seizing opportunities for expansion and revenue enhancement.

Flywire Corp reports robust Q4 earnings, eyes growth opportunities

Flywire Corp's Q4 2023 performance was strong, with revenue and adjusted EBITDA showing significant growth YoY.
The company's strengths lie in vertical expansions, partnerships, and go-to-market strategies, positioning it well for future growth.
Challenges include Canadian regulatory impacts and margin decline, while opportunities exist in healthcare, partnerships, and payer services.
Overall, Flywire is poised for growth in 2024, focusing on execution and seizing opportunities across various segments for revenue expansion.

Flywire Corp reports robust Q1 earnings amidst market challenges

Flywire Corp (FLYW) delivered strong financial results in Q1 2024, showcasing growth in revenue, gross profit, and EBITDA, while facing challenges from FX rates and market dynamics.
The company's diverse revenue base, focus on innovation, and client-centric approach position it well for future growth and strategic opportunities in international markets.
Despite uncertainties in student visa policies and regulatory environments, Flywire remains confident in its ability to navigate challenges and capitalize on growth prospects across verticals.
With a strong cash position, operational highlights, and a commitment to customer satisfaction, Flywire is poised for continued success and potential expansion through M&A activities.

Flywire Corp (FLYW) reports strong Q2 earnings and strategic growth moves

Flywire Corp (FLYW) showcased robust financial performance, strategic investments, and growth initiatives in Q2 2024, positioning the company for continued success.
While facing challenges such as market-specific metrics and customer integration complexities, Flywire's focus on execution and growth opportunities remains strong.
With a focus on shareholder returns, revenue diversification, and customer adoption, Flywire is poised to capitalize on its strengths and navigate challenges effectively.

Flywire Corp (FLYW) reports robust Q3 performance amidst sector challenges

Flywire Corp (FLYW) delivered a strong Q3 performance, showcasing growth and financial resilience despite challenges in the education sector.
The company's strategic focus on expanding its global payment network and optimizing go-to-market capabilities is driving operational success.
Analysts' inquiries into customer additions, market opportunities, and growth strategies highlight areas of strategic importance for Flywire's future growth.

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Flywire Corporation (NASDAQ:FLYW ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Representatives Mike Massaro - Chief Executive Officer Rob Orgel - President and Chief Operating Officer Mike Ellis - Chief Financial Officer. Akil Hollis - Vice President of Investor Relations, FP&A Conference Call Participants Bob Napoli - William Blair Dan Perlin - RBC Capital Markets Andrew Bauch - SMBC Nikko Darrin Peller - Wolfe Research Ashwin Shirvaikar - Citi John Davis - Raymond James Joel Riechers - Trust Securities Ken Suchoski - Autonomous Research Jeff Cantwell - Wells Fargo Operator Greetings ladies and gentlemen and welcome to Flywire Corporation Second Quarter of 2022 Earnings Call.

Flywire Corporation (FLYW) CEO Mike Massaro on Q2 2022 Results - Earnings Call Transcript

A top-line beat drove the stock higher today.

Why Flywire Stock Popped Today

Second Quarter Revenue Increased 53% Year-over-Year

Flywire Reports Second Quarter 2022 Financial Results

Global payments enablement and software company Flywire has acquired international education payments platform Cohort Go to bring students, agents and student services to Flywire, according to a joint press release Wednesday (July 13).

Flywire Acquires Education Payments Platform Cohort Go

Acquisition extends Flywire's footprint with education agents and accelerates company's investment in product and payment innovation for international students Acquisition extends Flywire's footprint with education agents and accelerates company's investment in product and payment innovation for international students

Flywire Announces Acquisition of Cohort Go to Accelerate Growth with International Education Agents

BOSTON, July 07, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) a global payments enablement and software company, today announced that its second quarter 2022 financial results will be released after market close on Tuesday, August 9, 2022. Flywire will host a conference call to discuss its second quarter 2022 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Mike Ellis, CFO.

Flywire to Announce Second Quarter 2022 Results on August 9, 2022

Flywire went public in May 2021, raising around $251 million in gross proceeds in a U.S. IPO. The firm provides cross-border payment processing solutions to companies with operations in many countries.

Flywire Sees Rebound But Results Remain Uneven

Flywire is a growth stock to watch given its competitive positioning and long-term TAM opportunities. Its “land and expand” strategy should allow it to grow within its existing customer base and perhaps even beyond via M&A.

Flywire: A Growth Asset With Upside Potential - Despite The Valuation

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According to ROI study, Flywire can accelerate revenue and improve patient satisfaction for hospitals and health systems in the U.S. According to ROI study, Flywire can accelerate revenue and improve patient satisfaction for hospitals and health systems in the U.S.

Total Economic Impact Study Reveals Flywire's Healthcare Clients Can Achieve 269% ROI

The Flywire Charitable Foundation launches new category of environmental sustainability for students committed to addressing climate crisis

The Flywire Charitable Foundation Announces Third Annual Scholarship Program

Flywire Corporation (NASDAQ:FLYW ) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Participants Akil Hollis - Vice President, Investor Relations Mike Massaro - Chief Executive Officer Rob Orgel - President and Chief Operating Officer Mike Ellis - Chief Financial Officer Conference Call Participants Dan Perlin - RBC Capital Markets Darrin Peller - Wolfe Research Ashwin Shirvaikar - Citi John Davis - Raymond James Tien-Tsin Huang - JPMorgan Jeff Cantwell - Wells Fargo Andrew Bauch - SMBC Nikko Securities Ken Suchoski - Autonomous Research Operator Good afternoon and welcome to the Flywire Corporation First Quarter 2022 Earnings Call. [Operator Instructions] Please note, this event is being recorded.

Flywire Corporation (FLYW) CEO Mike Massaro on Q1 2022 Results - Earnings Call Transcript

BOSTON, April 19, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) a global payments-enablement and software company, today announced that its first quarter 2022 financial results will be released after market close on Tuesday, May 10, 2022. Flywire will host a conference call to discuss its first quarter 2022 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Mike Ellis, CFO.

Flywire to Announce First Quarter 2022 Results on May 10, 2022

BOSTON, April 12, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) ("Flywire" or the “Company") a global payments enablement and software company, today announced that it will host an Analyst Day on Thursday, May 19, 2022 in Boston, MA and virtually. The event will take place from 1:00pm ET to 5:00pm ET and will feature presentations and Q&A sessions with various members of Flywire's management team.

Flywire Announces 2022 Analyst Day

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Boston-based global payments platform Flywire Corporation has formed a strategic partnership with education technology firm Tribal Group, according to a Tuesday (March 8) press release. The partnership will see U.K.-based Tribal Group marry Flywire's digital education platform with its student information system, to make payments easier for students and administrators in the Europe, Middle East […]

Flywire, Tribal Group Form Education Payment Partnership

Strategic partnership makes Flywire the preferred payment partner for Tribal Group, the leading Student Information System in EMEA and APAC

Flywire and Tribal Group Partner to Deliver Integrated Payments Solution for Education Market

Flywire Corporation's (FLYW) CEO Mike Massaro on Q4 2021 Results - Earnings Call Transcript

Flywire said its total payments volume in the fourth quarter surged 75% to $3.1 billion, underpinned by growth in cross-border and domestic transactions, and particular demand in education and other verticals that are still greenfield opportunities for payments modernization. That traction in payments volume helped the company see 56% in top-line revenue growth, less ancillary […]

Flywire Q4 Total Payments Volume Up 75% on Education, Healthcare, Travel Sector Growth

Fourth Quarter Revenue Increased 55% Year-over-Year

Flywire Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Flywire integrates directly into the Adapt IT student management system to digitize and streamline cross-border education payments into South Africa Flywire integrates directly into the Adapt IT student management system to digitize and streamline cross-border education payments into South Africa

Flywire Partners with Adapt IT to Digitize International Education Payments in South Africa

According to the new Flywire survey, 72% of luxury travelers will be spending more on vacations in 2022 than they spent pre-pandemic

Flywire Survey Reveals Luxury Travelers Will Spend More than Ever Before

BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) a global payments-enablement and software company, today announced that its fourth quarter and full year 2021 financial results will be released after market close on Wednesday, March 2, 2022. Flywire will host a conference call to discuss fourth quarter and full year 2021 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Mike Ellis, CFO.

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