Flywire Corp
FLYW· Nasdaq· Services-Business Services, NEC
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 15.9%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +36.4%
We record prices for the companies we cover; FLYW is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 127.7M
- Revenue
- $623.0M
- Free cash flow
- $98.8M
- Owner earnings
- $27.0M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 1.8%
- Net
- 2.2%
- Free cash flow
- 15.9%
- Owner earnings
- 4.3%
- Stock pay
- 11.5%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 1.6%
- ROE, 5 yr avg
- -2.6%
Growth (CAGR)
- Revenue, 3 yr
- 29.1%
- Revenue, 5 yr
- 36.4%
- Revenue, 6 yr
- 36.8%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 6 yr
- –
- Free cash flow, 3 yr
- 189.5%
- Free cash flow, 5 yr
- –
- Free cash flow, 6 yr
- 159.3%
Financial health · FY2025
- Cash and investments
- $355.0M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 47.4%
Financials: ten years from the 10-Ks
Revenue
$623.0M
+36.8% a year over 6 years
FY2019FY2025
Margins
Operating1.8%Net2.2%
FY2025
FY2019FY2025
Free cash flow and owner earnings
Free cash flow$98.8MOwner earnings$27.0M
Free cash flow +159.3% a year
FY2019FY2025
Diluted shares
127.7M
+594.7% over 6 years, net dilution
FY2019FY2025
Net cash
–
$349.2M more cash than debt
FY2019FY2025
Every figure, year by year
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| The business | |||||||
| Revenue | $94.9M | $131.8M | $201.1M | $289.4M | $403.1M | $492.1M | $623.0M |
| Revenue growth | – | 38.8% | 52.6% | 43.9% | 39.3% | 22.1% | 26.6% |
| Gross margin | – | – | – | – | – | – | – |
| Operating margin | -18.4% | -12.0% | -6.6% | -10.4% | -5.3% | -1.5% | 1.8% |
| Net income | -$20.1M | -$11.1M | -$28.1M | -$39.3M | -$8.6M | $2.9M | $13.5M |
| Net margin | -21.2% | -8.4% | -14.0% | -13.6% | -2.1% | 0.6% | 2.2% |
| Diluted EPS | – | $-0.60 | $-0.39 | $-0.36 | $-0.07 | $0.02 | $0.11 |
| Return on invested capital? | – | – | – | – | – | – | – |
| Cash | |||||||
| Operating cash flow | $4.1M | -$14.2M | $17.1M | $5.4M | $76.3M | $98.7M | $100.2M |
| Capital expenditure | $3.7M | $2.1M | $1.0M | $1.4M | $1.0M | $924.0K | $1.4M |
| Free cash flow | $325.0K | -$16.4M | $16.1M | $4.1M | $75.3M | $97.7M | $98.8M |
| Stock-based compensation | $2.9M | $3.8M | $18.9M | $30.3M | $43.7M | $64.9M | $71.8M |
| Owner earnings? | -$2.6M | -$20.2M | -$2.8M | -$26.2M | $31.6M | $32.8M | $27.0M |
| Free cash flow per share | – | $-0.89 | $0.23 | $0.04 | $0.66 | $0.76 | $0.77 |
| Capital allocation | |||||||
| Dividends paid | – | – | – | – | – | – | – |
| Share repurchases | $295.0K | $0 | $0 | – | – | – | – |
| Diluted shares | – | 18.4M | 71.2M | 107.9M | 114.8M | 129.3M | 127.7M |
| Share count change? | – | – | 287.0% | 51.7% | 6.4% | 12.6% | -1.2% |
| Balance sheet | |||||||
| Cash and equivalents | $86.0M | $104.1M | $385.4M | $349.2M | $654.6M | $495.2M | $330.3M |
| Short-term investments | – | – | – | – | $0 | $115.8M | $24.7M |
| Total debt | – | $24.4M | $25.9M | $0 | – | – | – |
| Net debt | – | -$79.7M | -$359.4M | -$349.2M | – | – | – |
| Shareholders' equity | -$75.3M | -$81.8M | $482.2M | $481.9M | $786.1M | $814.8M | $835.2M |
Latest filings
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-08-04 | 8-K | Earnings release |
| 2026-05-06 | 10-Q | Quarterly report |
| 2026-05-05 | 8-K | Earnings release |
| 2026-04-23 | DEF 14A | Proxy statement |
| 2026-02-24 | 10-K | Annual report |
| 2026-02-24 | 8-K | Earnings release |
| 2025-11-10 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
| 2025-08-06 | 10-Q | Quarterly report |
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