secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001193125-23-272444
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q3 revenue up 29.5% to $123.3M, net income $10.6M, raises full-year outlook
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- Revenue $123.3M (+29.5% YoY); Revenue Less Ancillary Services $116.8M (+31.4% YoY).
- Net income $10.6M vs net loss $(4.3)M in Q3 2022; record adjusted EBITDA.
- Total Payment Volume $8.9B (+26% YoY); Adjusted Gross Margin 68.6% vs 70.4% YoY.
- Company raises full-year 2023 outlook before FX impacts.
- Foreign exchange headwinds impacted Revenue Less Ancillary Services by ~$1.4M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523272444/0001193125-23-272444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312523272444/d295889d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-272444

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