earnings
confidence high
sentiment positive
materiality 0.80
Flywire reports Q4 revenue +37.5% to $100.5M, net income $1.3M; issues FY2024 outlook
Flywire Corp
2023-FY EPS reported
-$0.07
revenue$403,094,000
- Q4 revenue $100.5M (+37.5% YoY); Revenue Less Ancillary Services $96.1M (+42.6%).
- Net income $1.3M vs net loss $1.1M in prior year; Adjusted EBITDA $7.7M (+692% YoY).
- FY2023 revenue $403.1M; total payment volume $24.0B (+33% YoY).
- Q1 2024 outlook: Revenue Less Ancillary Services $106-111M, Adjusted EBITDA $9-11M.
- FY2024 outlook: Revenue Less Ancillary Services $483-509M, Adjusted EBITDA $65-76M.