Flywire (FLYW)
Processes complex receivables with vertical software and a global payment network.
$16.92
vs last close−0.32 (−1.89%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 123 | 101 | 114 | 104 | 157 | 118 | 133 | 132 | 200 | 158 | 188 | 168 |
| Cost of revenue | 43 | 37 | 71 | 40 | 55 | 41 | 62 | 54 | 72 | 64 | 93 | 75 |
| Gross profit | 80 | 64 | 43 | 64 | 102 | 76 | 71 | 78 | 128 | 94 | 95 | 93 |
| 69 | 74 | 49 | 80 | 82 | 82 | 72 | 86 | 96 | 95 | 85 | 96 | |
| Research & development | 15 | 17 | 17 | 16 | 17 | 17 | 17 | 17 | 18 | 19 | 19 | 0 |
| 54 | 57 | 30 | 64 | 65 | 65 | 52 | 69 | 78 | 76 | 60 | 77 | |
| Selling & marketing | 27 | 29 | 3 | 32 | 34 | 33 | 27 | 38 | 42 | 40 | 28 | 39 |
| General & administrative | 27 | 28 | 26 | 32 | 31 | 31 | 25 | 30 | 36 | 36 | 32 | 38 |
| Other expenses | 0 | 0 | 2 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 5 | 18 |
| Operating income | 12 | −10 | −6 | −16 | 20 | −6 | −1 | −8 | 32 | −1 | 11 | −3 |
| 0 | 13 | 1 | 7 | 10 | −9 | −4 | 3 | −1 | 1 | 4 | −3 | |
| Interest income | 4 | 6 | 6 | 6 | 5 | 5 | 3 | 1 | 1 | 1 | 1 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 |
| Other non-operating income | 0 | −13 | −2 | −7 | −10 | 9 | 3 | −4 | 0 | −2 | −4 | −3 |
| Income before tax | 11 | 3 | −5 | −9 | 31 | −15 | −5 | −5 | 31 | 0 | 15 | −5 |
| Income tax expense | 1 | 2 | 2 | 5 | −8 | 1 | −1 | 7 | 2 | 0 | 2 | 3 |
| Net income from continuing operations | 11 | 1 | −6 | −14 | 39 | −16 | −4 | −12 | 30 | 0 | 13 | −8 |
| Net income | 11 | 1 | −6 | −14 | 39 | −16 | −4 | −12 | 30 | 0 | 13 | −8 |
| EPS, basic | $0.09 | $0.01 | −$0.05 | −$0.11 | $0.31 | −$0.13 | −$0.03 | −$0.10 | $0.24 | $0.00 | $0.10 | −$0.07 |
| EPS, diluted | $0.09 | $0.01 | −$0.05 | −$0.11 | $0.30 | −$0.13 | −$0.03 | −$0.10 | $0.23 | $0.00 | $0.10 | −$0.07 |
| Weighted average shares, basic | 116 | 122 | 123 | 125 | 125 | 124 | 123 | 123 | 122 | 122 | 122 | 122 |
| Weighted average shares, diluted | 116 | 129 | 123 | 125 | 129 | 124 | 123 | 123 | 128 | 128 | 128 | 122 |
| EBITDA | 15 | 7 | 0 | −5 | 35 | −10 | 1 | 3 | 39 | 8 | 23 | 7 |
| Depreciation & amortization | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 7 | 7 | 7 | 8 | 7 |
| EBIT | 11 | 3 | −4 | −9 | 31 | −15 | −4 | −4 | 32 | 1 | 15 | 0 |
