FLYW Q3 2021 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q3 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$68M+61.1% YoY

Gross Profit

$46M68.0% margin

Operating Income

$11M16.4% margin

Net Income

$10M14.7% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+83.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$37M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$623M

Total Liabilities

$135M

Stockholders' Equity

$488M

Cash & Equivalents

$449M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$68M	$42M	+61.1%
Gross Profit	$46M	$28M	+62.7%
Operating Income	$11M	$5M	+104.8%
Net Income	$10M	$5M	+91.4%

Revenue Segments

Transactions

$53M78%

Platform And Usage Based Fees

$15M22%

Geographic Segments

UNITED STATES

$46M67%

UNITED KINGDOM

$12M18%

CALIFORNIA

$7M10%

Other Countries

$3M5%