FLYW Q2 2021 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q2 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$37M+55.6% YoY

Gross Profit

$24M64.5% margin

Operating Income

-$8M-20.4% margin

Net Income

-$18M-49.1% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$751,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$580M

Total Liabilities

$105M

Stockholders' Equity

$475M

Cash & Equivalents

$412M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$24M	+55.6%
Gross Profit	$24M	$13M	+85.1%
Operating Income	-$8M	-$15M	+50.1%
Net Income	-$18M	-$16M	-13.4%

Revenue Segments

Transactions

$24M66%

Platform And Usage Based Fees

$13M34%

Geographic Segments

UNITED STATES

$23M62%

CALIFORNIA

$7M20%

UNITED KINGDOM

$4M12%

Other Countries

$2M6%