Flywire FLYW
- Market cap
- $2.4B
- PE
- 74.6×
- 2y median 134×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 3.3×
- EV/EBIT
- 52.6×
- Revenue, 12 months
- $713.5M
- +32% on a year ago
- Net margin
- 4.8%
- Free cash flow yield
- 6.7%
Flywire trades at 74.6× trailing earnings, cheaper than 77% of the last ten years. Revenue was $713.5M over the last twelve months, up 32% on a year earlier with a 5% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $123.3M+30% | $100.5M+38% | $114.1M+21% | $103.7M+22% | $156.8M+27% | $117.5M+17% | $133.5M+17% | $131.9M+27% | $200.1M+28% | $157.5M+34% | $188.1M+41% | $167.7M+27% | |
| R&D | $14.6M+9% | $16.9M+33% | $16.7M+15% | $15.8M−1% | $16.7M+14% | $17.4M+3% | $16.9M+1% | $17.1M+8% | $17.6M+6% | $18.5M+7% | $19.4M+15% | $18.4M+8% |
| SG&A | $53.9M+18% | $56.9M+42% | $61.7M+17% | $63.7M+23% | $65.3M+21% | $64.6M+14% | $69.6M+13% | $68.6M+8% | $77.9M+19% | $76.4M+18% | $80.4M+16% | $77.4M+13% |
| $11.9M+226% | −$10M+7% | −$6M−9% | −$15.8M−6% | $20.3M+71% | −$5.8M−42% | −$11M+84% | −$9M−43% | $32.3M+59% | −$965K−83% | $10.8M | −$2.8M−69% | |
| Interest expense | $99K−75% | $92K−72% | $142K+38% | $133K+71% | $128K+29% | $135K+47% | $724K+410% | $1.1M+701% | $1.2M+835% | $540K+300% | $303K−58% | $312K−71% |
| Pre-tax income | $11.4M | $3.2M | −$4.6M+41% | −$9.2M−41% | $30.6M+168% | −$14.9M | −$5M+10% | −$5M−45% | $31.2M+2% | $311K | $14.7M | −$5.3M+6% |
| $752K−41% | $1.9M | $1.6M+287% | $4.7M+323% | −$8.3M | $995K−49% | −$884K | $7M+49% | $1.6M | $278K−72% | $2.2M | $2.8M−60% | |
| Net income | $10.6M | $1.3M | −$6.2M+69% | −$13.9M−17% | $38.9M+266% | −$15.9M | −$4.2M−33% | −$12M−14% | $29.6M−24% | $33K | $12.5M | −$8.1M−32% |
| $0.08 | $0.01 | −$0.05+67% | −$0.11−27% | $0.30+275% | −$0.13 | −$0.03−40% | −$0.10−9% | $0.23−23% | $0.00 | $0.10 | −$0.07−30% | |
| 125.5M+16% | 121.8M+12% | 123.1M+12% | 124.6M+12% | 129.2M+3% | 124.5M+2% | 123.2M+0% | 121.9M−2% | 127.7M−1% | 128.5M+3% | 127.9M+4% | 122.4M+1% |
Revenue: Q1 FY20 and Q1 FY21: 6 months less the 3 months printed beside them.
R&D: Q1 FY20 and Q1 FY21: 6 months less the 3 months printed beside them.
SG&A: Q1 FY20: 6 months less the 3 months printed beside them.
Operating income: Q1 FY20: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY20 and Q1 FY21: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY20: 6 months less the 3 months printed beside them.
Income tax: Q1 FY20: 6 months less the 3 months printed beside them.
Net income: Q1 FY20 and Q1 FY21: 6 months less the 3 months printed beside them.
EPS, diluted: 8 periods, Q1 FY20 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY20: share-days: the 6-month average less the second quarter's. 4 periods, Q4 FY20 to Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY23 and Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Financial - Credit Services nearest Flywire's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FLYWFlywire | $2.4B | 74.6× | 134× | 3.3× | +32% | 4.8% | |
| UPSTUpstart | $2.3B | 48.5× | 62.8× | 1.9× | +46% | 4.8% | |
| PAYOPayoneer Global | $2.4B | 47.7× | 28.4× | 2.2× | +6% | 4.6% | |
| EEFTEuronet Worldwide | $2.5B | 10.4× | 25.6× | 0.6× | +6% | 6.6% | |
| AGMFederal Agricultural Mortgage | $2.2B | 10.9× | 10.3× | 4.9× | +15% | 51.4% | |
| ECPGEncore Capital | $2.1B | 7.4× | 7.2× | 1.1× | +30% | 15.9% | |
| WUWestern Union CO | $2B | 5.2× | 7.9× | 0.5× | −2% | 9.8% | |
| CBZCBIZ | $3B | 25.7× | 21.6× | 1.1× | +14% | 4.7% | |
| MMSMaximus | $3.3B | 9.3× | 20.2× | 0.6× | −3% | 7.1% | |
| HAPNHappen | $1.6B | 8.5× | 20.6× | 1.6× | +18% | 18.7% | |
| TNETTrinet | $3.5B | 20.3× | 19.2× | 0.7× | −3% | 3.6% | |
| Peer median | $2.4B | 10.6× | 20.4× | 1.1× | +10% | 6.8% |
More on Flywire
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Financial - Credit Services
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .