FLYW Q3 2023 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$123M+29.5% YoY

Gross Profit

$80M65.2% margin

Operating Income

$12M9.6% margin

Net Income

$11M8.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+45.3%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$45M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$982M

Total Liabilities

$207M

Stockholders' Equity

$775M

Cash & Equivalents

$638M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$95M	+29.5%
Gross Profit	$80M	$63M	+27.7%
Operating Income	$12M	$4M	+225.5%
Net Income	$11M	-$4M	+349.1%

Revenue Segments

Transactions

$105M85%

Platform And Usage Based Fees

$19M15%

Geographic Segments

United States and Canada (Americas)

$68M55%

Europe, the Middle East and Africa (EMEA)

$41M33%

Asia and Pacific (APAC)

$14M12%