---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-133128"
form_type: "8-K"
ticker: "FLYW"
cik: "0001580560"
company_name: "Flywire Corp"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:24:49.235636+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flywire Q1 revenue $114.1M (+21% YoY); record 200+ new clients; Q2 guidance adjusted for FX and Canada shift

## Summary
- Revenue $114.1M (+21% YoY); Revenue Less Ancillary Services $110.2M (+24%).
- Net loss $6.2M (vs $3.7M loss); Adjusted EBITDA $13.2M (vs $7.0M).
- Signed 200+ new clients in Q1, highest quarterly total; now supports over 4,000 clients globally.
- Appointed Cosmin Pitigoi as CFO; integrated with State Bank of India; partnered with VTEX in Latin America.
- FY2024 guidance: Revenue $491-519M, Adjusted EBITDA $64-75M; Q2 Revenue $99-108M, Adjusted EBITDA $1-4M.

## SEC filing metadata
- accession: 0001193125-24-133128
- form_type: 8-K
- ticker: FLYW
- cik: 0001580560
- company_name: Flywire Corp
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580560/000119312524133128/0001193125-24-133128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580560/000119312524133128/d836447d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-133128
- JSON: https://secwatch.observer/filing/0001193125-24-133128.json
- Plain text: https://secwatch.observer/filing/0001193125-24-133128.txt

## Key facts
- Earnings Releases
  Flywire Corp reported first quarter ended March 31, 2024 results: revenue $114.1 million, net income $6.2 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $114.1 million
  - Net income: $6.2 million
  - Result: reported results
  source text: Flywire Advantage and strengthening our FlyMate community will position us well for the future.” First Quarter 2024 Financial Highlights: GAAP Results • Revenue increased 21% to $114.1 million in the first quarter of 2024, compared to $94.4 million in the first quarter of 2023. • Gross Profit increased to $70.4 million, resulting in Gross Margin of 61.7%, for the first
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580560/000119312524133128/0001193125-24-133128-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.