FLYW Q2 2022 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q2 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$57M+52.9% YoY

Gross Profit

$35M61.4% margin

Operating Income

-$17M-30.8% margin

Net Income

-$24M-42.1% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$13M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$606M

Total Liabilities

$143M

Stockholders' Equity

$463M

Cash & Equivalents

$361M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$37M	+52.9%
Gross Profit	$35M	$24M	+45.5%
Operating Income	-$17M	-$8M	-130.1%
Net Income	-$24M	-$18M	-31.1%

Revenue Segments

Transactions

$42M74%

Platform And Usage Based Fees

$15M26%

Geographic Segments

UNITED STATES

$28M50%

UNITED KINGDOM

$11M19%

CANADA

$10M17%

Other Countries

$8M14%