Flywire (FLYW) AI Stock Analysis

• Market Cap: $1.30B
• Dividend Yield: N/A
• Average Volume (3M): 2.66M
• Price to Earnings (P/E): 379.4
• Beta (1Y): 0.85
• Revenue Growth: 20.97%
• EPS Growth: N/A
• Country: US
• Employees: 1,250
• Sector: Technology
• Sector Strength: 78
• Industry: Information Technology Services
• EPS (TTM): -0.03
• Shares Outstanding: 119,685,020
• 10 Day Avg. Volume: 2,613,344
• 30 Day Avg. Volume: 2,664,935
• PEG Ratio: -1.75
• Price to Book (P/B): 5.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.19K
• Enterprise Value/Market Cap: 2.68
• Enterprise Value/Revenue: 1.82
• Enterprise Value/Gross Profit: 12.22
• Enterprise Value/Ebitda: 61.71
• 1Y Price Target: $13.61
• Price Target Upside: 27.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 71 Outperform
• Price Target: $12.00 ▲(12.15%Upside)

Flywire's overall stock score reflects its strong financial performance and promising growth trajectory, bolstered by strategic client acquisition and geographic expansion. The high valuation poses a risk, and operational inefficiencies need addressing to ensure sustainable growth. The company's resilience amid macroeconomic challenges and its proactive strategic initiatives contribute positively to its outlook.

Positive Factors

Earnings and Financial Performance

March-quarter adjusted revenue and adjusted EBITDA exceeded Street consensus by 4% and 8.5%, respectively.

Operational Efficiency

Flywire announced a 10% reduction in its workforce, and is undergoing a portfolio review of its business to optimize productivity and improve returns.

Strategic Acquisition

Flywire announced the acquisition of Sertifi for $330 million, expanding its capabilities within the travel vertical to luxury hotels/properties, and catering services.

Negative Factors

Growth Outlook

FLYW issued guidance of 10-14% FXN growth, which was lower than the previously expected 20%+ growth.

International Market Challenges

FLYW continues to see deterioration of international student visa trends across key geographies, including Canada, Australia, and the US, which is expected to lead to softer NRR trends.

Uncertain Market Dynamics

Confidence in Flywire's business direction is challenged due to rapid market changes.

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 makes money primarily through transaction fees and service charges associated with its payment processing solutions. The company partners with educational institutions, healthcare providers, travel companies, and businesses to facilitate international and domestic payments, ensuring secure, efficient, and cost-effective transactions. Flywire charges fees based on the volume and value of transactions processed through its platform. Additionally, the company benefits from strategic partnerships with financial institutions and technology providers, which expand its reach and enhance its service offerings, thus contributing to its revenue growth.

Flywire Financial Statement Overview

Summary

Flywire demonstrates strong growth and a solid balance sheet, pointing to a stable financial position with low leverage and healthy liquidity. However, consistent EBIT losses and recent free cash flow reductions highlight areas for improvement. The company's trajectory towards profitability is promising, but operational efficiencies need to be enhanced to ensure sustained growth.

Income Statement

Flywire shows strong revenue growth with a TTM revenue increase of 4% and a notable increase from 2022 to 2023. The gross profit margin is healthy at 55.8% for TTM, although consistent EBIT and net losses are a concern. The net profit margin is slightly positive at 1% for TTM, indicating progress towards profitability. However, persistent EBIT losses suggest operational inefficiencies that need addressing.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.08 for TTM, indicating low leverage and strong liquidity with significant cash reserves. The equity ratio of 73.9% for TTM reflects a solid capital structure, providing financial stability. However, the relatively high reliance on equity and cash reserves may limit future flexibility.

Cash Flow

Operating cash flow is positive, supporting a free cash flow to net income ratio of 9.8 for TTM, which is strong. However, the significant reduction in free cash flow from 2024 to TTM indicates potential cash flow volatility. Despite this, the company has maintained positive operating cash flow, highlighting operational resilience.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
511.49M	492.14M	403.09M	289.38M	201.15M	131.78M
	Gross Profit
285.41M	314.65M	255.75M	181.44M	130.96M	83.98M
	EBIT
-11.76M	-7.25M	-21.52M	-30.22M	-13.26M	-15.81M
	EBITDA
6.75M	20.73M	13.57M	-22.05M	-14.66M	-8.95M
	Net Income Common Stockholders
4.96M	2.90M	-8.57M	-39.35M	-27.96M	-11.11M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
255.33M	611.09M	654.61M	349.18M	385.36M	104.05M
	Total Assets
1.06B	1.12B	1.08B	674.29M	639.67M	271.44M
	Total Debt
61.57M	1.72M	1.47M	1.81M	25.94M	24.35M
	Net Debt
-128.94M	-493.52M	-653.14M	-347.37M	-359.42M	-79.70M
	Total Liabilities
276.08M	307.68M	293.61M	192.38M	157.35M	353.20M
	Stockholders Equity
784.26M	814.77M	786.12M	481.90M	482.33M	-81.76M
Cash Flow		Free Cash Flow
48.55M	90.54M	74.61M	-2.21M	10.45M	-16.36M
	Operating Cash Flow
51.45M	91.47M	80.63M	4.88M	17.13M	-14.22M
	Investing Cash Flow
-452.16M	-215.80M	-38.78M	-24.68M	-62.91M	-81.54M
	Financing Cash Flow
-29.02M	-37.63M	263.42M	-23.97M	327.51M	119.05M

Flywire Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.70
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 10.7 is below the 20-day moving average (MA) of 10.77, above the 50-day MA of 10.01, and below the 200-day MA of 15.65, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 52.42 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, 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
PAY	73 Outperform	$4.32B	82.48	10.80%	―	47.78%	74.61%
FLYW	71 Outperform	$1.30B	379.43	0.63%	―	20.97%	―
NABL	70 Outperform	$1.47B	89.21	2.20%	―	7.98%	-40.59%
GDYN	67 Neutral	$970.61M	87.77	2.42%	―	18.72%	347.70%
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
PSFE	57 Neutral	$717.34M	39.11	-0.04%	―	3.50%	95.90%
APLD	55 Neutral	$2.52B	―	-78.94%	―	53.70%	-72.91%

Flywire Corporate Events

Flywire Holds Annual Stockholders Meeting on June 3

During Flywire Corporation’s annual stockholders meeting on June 3, 2025, three key proposals were addressed. Stockholders elected two directors to serve until 2028, ratified PricewaterhouseCoopers LLP as the independent public accounting firm for 2025, and approved executive compensation on a non-binding basis. Approximately 88% of the company’s voting shares were represented, ensuring a quorum for the meeting.

The most recent analyst rating on (FLYW) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Flywire stock, see the FLYW Stock Forecast page.

Flywire Reports Strong Q1 2025 Financial Results

On May 6, 2025, Flywire reported its first-quarter financial results, showcasing a 17% year-over-year revenue increase to $133.5 million and a reduction in net loss to $4.2 million. The company signed over 200 new clients, expanded its travel vertical, and strengthened its presence in India, indicating strong business momentum and strategic growth. Flywire’s performance exceeded expectations in FX Neutral Revenue and Adjusted EBITDA Margin Growth, reaffirming its fiscal year 2025 guidance and highlighting its focus on strategic investments and operational efficiency.