secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001193125-23-206282
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q2 revenue $84.9M (+50% YoY); net loss narrows; raises FY2023 outlook
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- Revenue $84.9M, up 50.3% YoY; net loss improved to $16.8M from $23.8M YoY.
- Revenue less ancillary services $79.5M (+54.4% YoY; +56.7% constant currency).
- Total payment volume $4.1B, up 43% YoY.
- Adjusted gross profit $50.5M (63.5% margin; down 330 bps YoY due to FX settlement losses).
- Company raises FY2023 guidance and provides Q3 outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523206282/0001193125-23-206282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523206282/d498799d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-206282

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