FLYW Q1 2022 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$65M+43.5% YoY

Gross Profit

$40M62.4% margin

Operating Income

-$7M-11.0% margin

Net Income

-$10M-15.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+25.6%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$18M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$610M

Total Liabilities

$131M

Stockholders' Equity

$478M

Cash & Equivalents

$366M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$45M	+43.5%
Gross Profit	$40M	$29M	+39.4%
Operating Income	-$7M	-$6M	-9.9%
Net Income	-$10M	-$9M	-17.3%

Revenue Segments

Transactions

$49M75%

Platform And Usage Based Fees

$16M25%

Geographic Segments

UNITED STATES

$41M63%

UNITED KINGDOM

$10M15%

CANADA

$8M13%

Other Countries

$6M9%