earnings
confidence high
sentiment positive
materiality 0.75
Flywire Q2 revenue up 56% to $37.0M, TPV up 85% to $1.9B; provides FY2021 guidance
Flywire Corp
2022-Q2 EPS reported
-$0.73
revenue$81,967,000
- Revenue increased 56% YoY to $37.0M; Revenue Less Ancillary Services up 77% to $33.0M.
- Total Payment Volume grew 85% to $1.9B; Adjusted EBITDA loss narrowed to $(0.1)M from $(7.0)M.
- GAAP net loss $18.1M, including $9.8M non-cash warrant revaluation charge from IPO.
- FY2021 outlook: Revenue $173-178M, Revenue Less Ancillary Services $158-161M, Adjusted EBITDA $4-6M.
- First quarterly report as public company; strong demand across education, healthcare, travel, B2B.