Flywire Corp shareholders approved Advisory vote on executive compensation at the 2026-06-02 meeting.
“Proposal 3: Advisory Vote on Executive Compensation. The Company’s stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as described in the Proxy Statement. The votes regarding this proposal were as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes 76,951,676 17,374,863 72,814 12,649,438”
Shareholder Votes
Flywire Corp shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-06-02 meeting.
“Proposal 2: Ratification of Appointment of PricewaterhouseCoopers LLP. The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The votes regarding this proposal were as follows: Votes For Votes Against Votes Abstaining 106,991,060 34,547 23,184”
Shareholder Votes
Flywire Corp shareholders approved Election of three Class II directors to serve until the 2029 annual meeting at the 2026-06-02 meeting.
“Proposal 1: Election of Directors. The Company’s stockholders elected the following directors to serve as Class II directors until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified. The votes regarding the election of the directors were as follows: Director Votes For Votes Withheld Broker Non-Votes Alex Finkelstein 66,359,905 28,039,448 12,649,438 Matthew Harris 69,331,254 25,068,099 12,649,438 Gretchen Howard 69,983,032 24,416,321 12,649,438”
Earnings Releases
Flywire Corp reported First quarter ended March 31, 2026 results: revenue $188.1 million, net income $12.5 million. Guidance raised.
“● Revenue increased 41.0% to $188.1 million in the First quarter of 2026, compared to $133.5 million in the First quarter of 2025. ● Gross Profit increased to $106.8 million, resulting in Gross Margin of 56.8%, for the First quarter of 2026, compared to Gross Profit of $80.5 million and Gross Margin of 60.3% in the First quarter of 2025. ● Net income was $12.5 million in the First quarter of 2026, compared to net loss of ($4.2) million in the First quarter of 2025.”
M&A Transactions
Flywire Corp completed an acquisition involving S Legacy Holdco, Inc. for $330 million.
“of Seller, pursuant to which Flywire acquired all of the issued and outstanding limited liability company interests of Sertifi LLC (“Sertifi”) for upfront cash consideration of $330 million, subject to certain post-closing adjustments set forth in the Agreement, and contingent consideration of up to $10 million upon the completion or satisfaction of certain”
Restructurings & Charges
Flywire Corp announced a restructuring with charges of approximately $7-9 million (approximately 10%).
“On February 23, 2025, the board of directors of the Company approved a restructuring plan that is designed to improve operational efficiencies, reduce operating costs and better align the Company’s workforce with current business needs, top strategic priorities and key growth opportunities (collectively, the “Restructuring Plan”). The Restructuring Plan includes reduction of the Company’s workforce by approximately 10%. The Company estimates that it will incur approximately $7-9 million in charges in connection with the Restructuring Plan”
Carleigh Jaques was appointed as Class III director at Flywire Corp.
“the Board appointed Carleigh Jaques (“Ms. Jaques”) to the Board as a Class III director”
Earnings Releases
Flywire Corp reported first quarter ended March 31, 2024 results: revenue $114.1 million, net income $6.2 million.
“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”
Governance Changes
Flywire Corp: Amended and Restated Bylaws to modify the definition of 'Acting in Concert' (effective 2024-03-15).
“On March 15, 2024, the board of directors of Flywire Corporation (the “Company”) unanimously adopted Amended and Restated Bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”), effective immediately, in order to modify the definition of “Acting in Concert” contained therein.”
Michael Ellis changed role as Chief Financial Officer at Flywire Corp.
“As of the Effective Date, Mr. Pitigoi will be replacing Michael Ellis as the Chief Financial Officer of Flywire.”
Cosmin Pitigoi was appointed as Chief Financial Officer at Flywire Corp.
“On February 22, 2024, Flywire Corporation (“Flywire”) announced that Cosmin Pitigoi will join Flywire as Chief Financial Officer and as its principal financial and principal accounting officer, effective March 4, 2024”
Gretchen Howard was appointed as Class II Director at Flywire Corp.
“the Board appointed Gretchen Howard (“Ms. Howard”) to the Board as a Class II director”
Material Agreements
Flywire Corp entered into Underwriting Agreement with Goldman Sachs & Co. LLC valued at $244.7 million (effective 2023-08-09).
“On August 9, 2023, Flywire Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, as representative (the “Representative”) of the several underwriters named in Schedule I thereto (the “Underwriters”), in connection with the offer and sale by the Company of 8,000,000 shares of voting common stock of the Company, par value $0.0001 per share (“Common Stock”), at a price to the public of $32.00 per share (the “Offering”).”
Earnings Releases
Flywire Corp reported second quarter ended June 30, 2023 results: revenue $84.9 million, net income $(16.8) million. Guidance raised.
“for the second half of the year, leading us to increase our guidance for fiscal year 2023.” Second Quarter 2023 Financial Highlights: GAAP Results • Revenue increased 50.3% to $84.9 million in the second quarter of 2023, compared to $56.5 million in the second quarter of 2022. • Gross Profit increased to $48.8 million, resulting in Gross Margin of 57.5%, for the”
Shareholder Votes
Flywire Corp shareholders approved The selection, on a non-binding, advisory basis, the frequency with which future stockholder advisory votes on the compensation of the Company’s named executive officers will be conducted. at the 2023-06-06 meeting.
“Proposal 4: Advisory Vote on Frequency of Advisory Vote on Executive Compensation. The Company’s stockholders approved, on a non-binding, advisory basis, the frequency of 1 year for future advisory votes on the compensation of the Company’s named executive officers. The votes regarding this proposal were as follows: 1 Year 2 Years 3 Years Votes Abstaining Broker Non-Votes 79,288,296 129,770 1,788,612 46,605 6,538,328”
Shareholder Votes
Flywire Corp shareholders approved The approval, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. at the 2023-06-06 meeting.
“Proposal 3: Advisory Vote on Executive Compensation. The Company’s stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as described in the Proxy Statement. The votes regarding this proposal were as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes 77,968,741 3,229,891 54,651 6,538,328”
Shareholder Votes
Flywire Corp shareholders approved The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-06 meeting.
“Proposal 2: Ratification of Appointment of PricewaterhouseCoopers LLP. The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes regarding this proposal were as follows: Votes For Votes Against Votes Abstaining 87,724,558 20,623 46,430”
Shareholder Votes
Flywire Corp shareholders approved The election of two directors to serve as Class II directors until the Company’s 2026 annual meeting of stockholders or until their successors are duly elected and qualified. at the 2023-06-06 meeting.
“Proposal 1: Election of Directors. The Company’s stockholders elected the following directors to serve as Class II directors until the 2026 annual meeting of stockholders or until their successors are duly elected and qualified. The votes regarding the election of the directors were as follows: Director Votes For Votes Withheld Broker Non-Votes Alex Finkelstein 53,983,529 27,269,754 6,538,328 Matthew Harris 62,669,316 18,583,967 6,538,328”
Earnings Releases
Flywire Corp reported first quarter ended March 31, 2023 results: revenue $94.4 million, net income Net loss was $3.7 million.
“ahead, and we are eager to capitalize on our momentum as we progress throughout the year.” First Quarter 2023 Financial Highlights: GAAP Results • Revenue increased 46.1% to $94.4 million in the first quarter of 2023, compared to $64.6 million in the first quarter of 2022. • Gross Profit increased to $58.3 million, resulting in Gross Margin of 61.8%, for the first”
Earnings Releases
Flywire Corp reported the fourth quarter ended December 31, 2022 results: revenue $73.1 million, net income Net loss was $1.1 million.
“Fourth Quarter 2022 Financial Highlights 1 : GAAP Results • Revenue increased 42% to $73.1 million in the fourth quarter of 2022, compared to $51.4 million in the fourth quarter of 2021. • Gross Profit increased to $41.5 million, resulting in Gross Margin of 56.8%, for the fourth quarter of 2022, compared to Gross Profit of $30.7 million and Gross Margin of 59.7% in the fourth quarter of 2021. 1 See “Financial Disclosure Advisory” below. • Net loss was $1.1 million in the fourth quarter of 2022, compared to net loss of $11.2 million in the fourth quarter of 2021.”
Jo Natauri resigned as Director at Flywire Corp.
“Jo Natauri ("Ms. Natauri") informed the Board of Directors (the "Board") of Flywire Corporation ("Flywire") that she was resigning as a member of the Board effective immediately.”
Yvonne Hao resigned as Director at Flywire Corp.
“in connection with her appointment as the Secretary of Economic Development of the Commonwealth of Massachusetts, Yvonne Hao ("Ms. Hao") resigned from the Board.”
Diane Offereins was appointed as Director at Flywire Corp.
“the Board appointed Diane Offereins ("Ms. Offereins") to fill the vacancy on the Board following the resignations and the decrease in the size of the Board disclosed above.”
Earnings Releases
Flywire Corp reported third quarter ended September 30, 2022 results: revenue $95.2 million, net income $4.3 million. Guidance raised.
“the resilience of the industries we serve, continue to position us well for ongoing success.” Third Quarter 2022 Financial Highlights: GAAP Results • Revenue increased 40% to $95.2 million in the third quarter of 2022, compared to $67.8 million in the third quarter of 2021. • Gross Profit increased to $61.3 million, resulting in Gross Margin of 64.4%, for the third”
Yvonne Hao was appointed as Class I director at Flywire Corp.
“the Board appointed Yvonne Hao as a Class I director”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.