FLYW Q3 2024 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$157M+27.2% YoY

Gross Profit

$102M65.2% margin

Operating Income

$20M12.9% margin

Net Income

$39M24.8% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

+51.3%

Cash Flow

Operating Cash Flow

$191M

Free Cash Flow

$191M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$397M

Stockholders' Equity

$843M

Cash & Equivalents

$565M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$157M	$123M	+27.2%
Gross Profit	$102M	$80M	+27.2%
Operating Income	$20M	$12M	+70.5%
Net Income	$39M	$11M	+265.5%

Revenue Segments

Transactions

$134M100%

Geographic Segments

United States and Canada (Americas)

$72M46%

Europe, the Middle East and Africa (EMEA)

$64M41%

Asia and Pacific (APAC)

$21M14%