Flywire (FLYW) AI Stock Analysis

• Market Cap: $1.81B
• Dividend Yield: N/A
• Average Volume (3M): 1.39M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 22.71%
• EPS Growth: -111.24%
• Country: US
• Employees: 1,250
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.23
• Shares Outstanding: 120,253,610
• 10 Day Avg. Volume: 1,675,274
• 30 Day Avg. Volume: 1,388,925
• PEG Ratio: -6.73
• Price to Book (P/B): 3.15
• Price to Sales (P/S): 5.21
• P/FCF Ratio: 28.30
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 2.35
• Enterprise Value/Gross Profit: 4.09
• Enterprise Value/Ebitda: 41.40
• 1Y Price Target: $16.38
• Price Target Upside: 10.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 0.1
• Revenue Forecast (FY): $597.36M

• Rating: 69 Neutral
• Price Target: $15.00 ▲(1.49% Upside)

Flywire's overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting robust client acquisition and strategic growth. However, valuation challenges due to unprofitability and technical indicators suggesting a neutral trend moderate the score.

Positive Factors

Strong Client Acquisition

The addition of over 200 new clients indicates robust demand for Flywire's services, enhancing its market position and supporting future revenue growth across diverse sectors.

Partnership with TenPay Global

This partnership enhances Flywire's payment solutions for Chinese students, streamlining cross-border transactions and potentially increasing market share in the education sector.

Revenue Growth

Strong revenue growth reflects Flywire's effective market expansion and product adoption, indicating a positive trajectory for sustained financial performance.

Negative Factors

Profitability Challenges

Ongoing profitability challenges could impact Flywire's ability to reinvest in growth and maintain financial flexibility, posing a risk to long-term sustainability.

Decline in U.S. International Student Numbers

A significant decline in international student numbers in the U.S. could reduce demand for Flywire's education payment solutions, affecting revenue from this key vertical.

Gross Margin Pressure

Pressure on gross margins may limit Flywire's ability to invest in growth initiatives and could signal challenges in maintaining cost efficiency.

Flywire Business Overview & Revenue Model

Company Description

Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. Flywire Corporation was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.

How the Company Makes Money

Flywire generates revenue primarily through transaction fees charged on payments processed through its platform. The company earns a percentage of each transaction, which varies based on the volume and value of the payments, as well as the specific services utilized by its clients. Additionally, Flywire may charge setup fees, subscription fees for its software services, and other ancillary fees associated with its payment processing solutions. Key partnerships with educational institutions, healthcare providers, and travel companies further enhance its revenue streams by providing a steady flow of transactions and expanding its customer base, while the growing demand for seamless international payments continues to drive the company's growth.

Flywire Financial Statement Overview

Summary

Flywire demonstrates strong revenue growth and improving operational efficiency. The balance sheet is solid with low leverage, and cash flow generation is notably strong. However, the company needs to address its profitability challenges to enhance its financial health further.

Income Statement

Flywire's income statement shows a positive revenue growth trajectory with a TTM revenue growth rate of 8.03%. Gross profit margin remains strong at 57.37% TTM, indicating efficient cost management. However, the company is still facing challenges in achieving profitability, as evidenced by a negative net profit margin of -0.42% TTM. The EBIT and EBITDA margins have improved to 1.60% and 5.64% TTM, respectively, suggesting operational improvements.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.018 TTM, indicating minimal leverage. The return on equity is modest at 0.84% TTM, showing limited returns on shareholder investments. The equity ratio is strong, suggesting a stable capital structure with significant equity backing.

Cash Flow

Cash flow analysis reveals a robust free cash flow growth rate of 105,046.20% TTM, indicating significant improvements in cash generation. The operating cash flow to net income ratio is healthy at 0.24 TTM, and the free cash flow to net income ratio is nearly 1, demonstrating effective cash conversion from earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	583.03M	492.14M	403.09M	289.38M	201.15M	131.78M
Gross Profit	334.48M	314.65M	255.75M	181.44M	130.96M	83.98M
EBITDA	33.04M	19.76M	11.78M	-23.84M	-14.91M	-8.95M
Net Income	-2.44M	2.90M	-8.57M	-39.35M	-28.09M	-11.11M
Balance Sheet
Total Assets	1.26B	1.12B	1.08B	674.29M	639.85M	271.44M
Cash, Cash Equivalents and Short-Term Investments	377.34M	611.09M	654.61M	349.18M	385.36M	104.05M
Total Debt	15.00M	1.72M	1.47M	1.81M	25.94M	24.35M
Total Liabilities	430.74M	307.68M	293.61M	192.38M	157.64M	353.20M
Stockholders Equity	829.13M	814.77M	786.12M	481.90M	482.20M	-81.76M
Cash Flow
Free Cash Flow	48.64M	90.54M	74.61M	-2.21M	10.45M	-16.36M
Operating Cash Flow	53.83M	91.47M	80.63M	4.88M	17.13M	-14.22M
Investing Cash Flow	-201.38M	-215.80M	-38.78M	-24.68M	-62.91M	-81.54M
Financing Cash Flow	-74.91M	-37.63M	263.42M	-23.97M	327.51M	119.05M

Flywire Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLYW, the sentiment is Positive. The current price of 14.78 is above the 20-day moving average (MA) of 14.16, above the 50-day MA of 13.73, and above the 200-day MA of 11.87, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 62.85 is Neutral, neither overbought nor oversold. The STOCH value of 87.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLYW.

Flywire Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTLP	74 Outperform	$778.24M	13.25	27.08%	―	12.94%	356.32%
PAY	74 Outperform	$3.92B	67.92	11.81%	―	44.34%	45.96%
FLYW	69 Neutral	$1.81B	-527.86	-0.29%	―	22.71%	-111.24%
HCKT	65 Neutral	$539.09M	51.49	10.27%	2.41%	0.68%	-67.84%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AI	47 Neutral	$1.97B	-4.95	-46.77%	―	1.84%	-27.74%
PSFE	47 Neutral	$468.90M	-3.79	-15.59%	―	-0.95%	-456.64%

Flywire Corporate Events

Flywire Reports Strong Q3 Revenue Growth and Guidance

On November 4, 2025, Flywire reported its third-quarter financial results, showcasing a 27.6% increase in revenue year-over-year, reaching $200.1 million. The company added over 200 new clients and deepened its partnership with Workday, while also enhancing its product suite for the U.K. higher education sector. Despite a decrease in net income compared to the previous year, Flywire raised its fiscal year 2025 revenue and EBITDA guidance, reflecting strong operational performance and market demand.