secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001193125-22-216173
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q2 revenue up 53% to $56.5M; guides FY revenue $283-294M
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- Revenue $56.5M (+53% YoY); Revenue Less Ancillary Services $51.5M (+56% YoY); Total Payment Volume $2.9B (+49%).
- Net loss of $(23.8)M vs $(18.1)M; Adjusted EBITDA $(6.1)M vs $(0.1)M.
- Adjusted Gross Profit $33.2M with 64.5% margin vs 68.2% a year ago.
- Acquired Cohort Go in July to boost international education agent channel and Asia-Pacific presence.
- Q3 guidance: Revenue $94-98M; FY guidance: Revenue $283-294M, Adjusted EBITDA $13-17M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312522216173/0001193125-22-216173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312522216173/d356236d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-216173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer