secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001193125-24-133128
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312524133128/0001193125-24-133128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312524133128/d836447d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-133128

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