earnings
confidence high
sentiment positive
materiality 0.80
Flywire Q3 revenue up 61% to $67.8M; raises FY2021 outlook
Flywire Corp
2021-Q3 EPS reported
-$0.28
revenue$149,755,000
- Revenue $67.8M (+61% YoY); Revenue Less Ancillary Services $62.0M (+67% YoY).
- Total Payment Volume $5.3B (+76% YoY); net income $10.0M vs $5.2M.
- Adjusted EBITDA $17.6M vs $10.2M; Adjusted Gross Margin 71.9%.
- FY2021 guidance raised: Revenue $190-$193M; Adjusted EBITDA $22-$24M.
- Gross margin improved to 65.8% from 64.4% YoY.