FLYW Q1 2021 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q1 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$45M+37.5% YoY

Gross Profit

$29M64.2% margin

Operating Income

-$6M-14.4% margin

Net Income

-$9M-19.2% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+35.4%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$16M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$302M

Total Liabilities

$380M

Stockholders' Equity

-$77M

Cash & Equivalents

$146M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$33M	+37.5%
Gross Profit	$29M	$21M	+37.0%
Operating Income	-$6M	-$3M	-109.3%
Net Income	-$9M	$4M	-333.8%