FLYW Q4 2023 Earnings — Flywire Corporation Revenue & Financial Results | Market Cap Arena

FLYWFlywire Corporation

$2B

Q4 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$101M+37.6% YoY

Gross Profit

$64M63.4% margin

Operating Income

-$10M-10.0% margin

Net Income

$1M1.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-18.5%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$55M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$294M

Stockholders' Equity

$786M

Cash & Equivalents

$655M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$73M	+37.6%
Gross Profit	$64M	$43M	+46.7%
Operating Income	-$10M	-$9M	-7.0%
Net Income	$1M	-$1M	+214.0%

Revenue Segments

Transactions

$82M82%

Platform And Usage Based Fees

$19M18%

Geographic Segments

United States and Canada (Americas)

$51M50%

Europe, the Middle East and Africa (EMEA)

$30M30%

Asia and Pacific (APAC)

$20M20%