earnings
confidence high
sentiment positive
materiality 0.75
Flywire Q3 revenue $95.2M (+40% YoY), net loss $4.3M; guides FY22 rev $285-289M
Flywire Corp
2022-Q3 EPS reported
-$0.36
revenue$216,322,000
- Revenue $95.2M (+40% YoY); Revenue Less Ancillary Services $88.9M (+43% YoY).
- Total Payment Volume $7.0B (+33% YoY); Adjusted EBITDA $18.2M vs $17.6M.
- GAAP net loss $4.3M vs net income $10.0M last year; Gross margin 64.4% vs 65.8%.
- Q4 outlook: revenue $69.3-72.6M; FY22 revenue $285.4-288.7M, Adj EBITDA $14-16M.
- Acquired Cohort Go; integrated with Universitas XXI for Spain/Latin America.