FLYW Q3 2022 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q3 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$95M+40.5% YoY

Gross Profit

$63M66.1% margin

Operating Income

$4M3.8% margin

Net Income

-$4M-4.5% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+68.4%

Cash Flow

Operating Cash Flow

-$137,000

Free Cash Flow

-$2M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$641M

Total Liabilities

$167M

Stockholders' Equity

$475M

Cash & Equivalents

$349M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	$68M	+40.5%
Gross Profit	$63M	$46M	+36.7%
Operating Income	$4M	$11M	-67.1%
Net Income	-$4M	$10M	-142.7%

Revenue Segments

Transactions

$77M81%

Platform And Usage Based Fees

$18M19%

Geographic Segments

UNITED STATES

$52M55%

UNITED KINGDOM

$20M21%

Other Countries

$14M15%

CANADA

$9M10%