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8-K filed February 28, 2023, 6:59 PM ET ticker FLYW CIK 0001580560
earnings confidence high sentiment positive materiality 0.75

Flywire reports Q4 revenue up 42% YoY to $73.1M; net loss narrows to $1.1M

Flywire Corp

2022-FY EPS reported -$0.36 revenue$289,375,000
item 2.02item 7.01item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Flywire Corp reported the fourth quarter ended December 31, 2022 results: revenue $73.1 million, net income Net loss was $1.1 million.

Period
the fourth quarter ended December 31, 2022
Revenue
$73.1 million
Net income
Net loss was $1.1 million
Result
reported results
Exact text from the filing
Fourth Quarter 2022 Financial Highlights 1 : GAAP Results • Revenue increased 42% to $73.1 million in the fourth quarter of 2022, compared to $51.4 million in the fourth quarter of 2021. • Gross Profit increased to $41.5 million, resulting in Gross Margin of 56.8%, for the fourth quarter of 2022, compared to Gross Profit of $30.7 million and Gross Margin of 59.7% in the fourth quarter of 2021. 1 See “Financial Disclosure Advisory” below. • Net loss was $1.1 million in the fourth quarter of 2022, compared to net loss of $11.2 million in the fourth quarter of 2021.
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Source: SEC EDGAR
accession 0001193125-23-054021
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