Second Quarter Revenue Increased 22% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 26% Year-over-Year Company Announces Acquisition of Invoiced, an Award-Winning Accounts Receivable SaaS Platform Board of Directors Authorizes $150 Million Share Repurchase Program BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) ("Flywire" or the "Company") a global payments enablement and software company, today reported financial results for its second quarter ended Jun ...

Invoiced augments Flywire's B2B payments solution with workflow automation software purpose-built for midmarket companies to streamline the entire Accounts Receivables (A/R) process Acquisition extends Flywire's customer footprint across a diversified customer base and accelerates company's investment in software and payments innovation for B2B industry Flywire gains the opportunity to monetize several billion dollars of domestic and international invoicing volume that is managed annually by the Invoiced pl ...

Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate interest from private equity firms and other potential buyers, Reuters reported Friday (Aug. 2), citing unnamed sources. The talks are in the early stages and may not result in a deal, according to the report. Flywire did not immediately reply to PYMNTS' request for comment. Potential buyers' interest in an acquisition of ...

The conference call will be webcast live from Flywire's investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call. Contacts Investor Relations: ICR flywireir@icrinc.com Media: Sarah King media@flywire.com About Flywire Flywire is a global payments enablement and software company. Flywire combines its proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and comp ...

Flywire supports more than 4,000 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn and Facebook. Safe Harbor Statement Flywire digitizes the cross-border payment experience for loans funded and managed by HDFC Credila, India's largest private loan provider. Flywire expands its footprint ...

BOSTON and MUMBAI, India, July 17, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has expanded its capabilities in India to streamline and digitize student loan payments for Indian students studying abroad. As part of this broader initiative, Flywire is partnering with HDFC Credila, the largest independent student loan provider in India, to enable Indian payers to seamlessly and digitally disburse their loan p ...

BOSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW) a global payments enablement and software company, announced that it has strengthened its offerings for students and institutions with the expanded availability of its third-party invoicing solution, which streamlines the payment experience for third-party sponsors paying a student's tuition and fees. Leveraging Flywire's solution, institutions around the world can reduce their administrative burden, ease reconciliat ...

财务数据和关键指标变化 - 第一季度收入(不含附加服务)为1.102亿美元,同比增长24% [1] - 第一季度调整后毛利为7,190万美元,同比增长20% [1] - 第一季度调整后EBITDA为1,320万美元,同比增长6,200万美元 [1] 各条业务线数据和关键指标变化 - 教育业务在英国和加拿大表现强劲,英国高等教育收入同比增长近一倍 [2] - 医疗业务新客户管道增长超100%,与Conifer Health Solutions和Oracle Health CommunityWorks等客户达成合作 [3] - 旅游业务签约创历史新高,拓展至智利等新地区,并在日本滑雪季表现出色 [3] - B2B业务平均交易规模增加,客户数量和预计年度经常性收入均创新高 [3] 各个市场数据和关键指标变化 - 加拿大教育市场受签证政策变化影响,全年收入预计受到中个位数百万美元的负面影响 [7][8] - 英国教育市场表现强劲,收入同比增长近一倍 [2] - 澳大利亚教育市场表现良好,收入增长超过公司平均水平 [13][14] 公司战略和发展方向及行业竞争 - 公司继续优化销售和客户关系管理团队,投资增加15%以上 [1] - 公司专注于产品和支付创新,推出整合的患者融资解决方案,帮助医疗客户提高收款率 [1][2] - 公司文化以执行力和创新为核心,有利于快速解决客户难题 [1][2] - 公司相信国际学生市场长期增长趋势不变,将继续保持在各地区的市场份额 [2] 管理层对经营环境和未来前景的评论 - 管理层对公司收入增长前景保持信心,预计全年调整后EBITDA利润率将继续提升 [1] - 管理层认为加拿大签证政策变化影响可控,公司有能力应对这一变化 [2][7][8] - 管理层认为公司仍处于大型终端市场的早期阶段,有很大的增长空间 [9][10] 问答环节重要的提问和回答 问题1 **Dan Perlin提问** 询问加拿大市场情况及公司对此的信心 [7][8] **Rob Orgel和Cosmin Pitigoi回答** 公司与客户和代理商沟通,了解加拿大市场正在逐步恢复正常,全年预计中个位数百万美元的负面影响 [7][8] 问题2 **Will Nance提问** 询问公司TAM增长的构成因素 [12] **Mike Massaro和Cosmin Pitigoi回答** TAM增长包括学费涨价、国际学生人数增长以及公司在现有客户的渗透率提升等因素 [12][13][14] 问题3 **Darrin Peller提问** 询问公司二季度业绩指引宽幅的原因 [9][10] **Cosmin Pitigoi回答** 主要受汇率和加拿大市场影响,以及医疗业务恢复的不确定性 [9][10]

It whiffed on the bottom line in its latest earnings report, and revenue guidance only met expectations.The market wasn't willing to take flight with financial software company Flywire (FLYW -16.07%) on Wednesday. After the company published its latest set of quarterly results after market hours the previous day, investors assertively traded out of the stock. It ended up closing down by more than 16% in price on a day when the bellwether S&P 500 index moved sideways.Revenue rose, but net loss deepenedOn the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40430 FLYWIRE CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 27-0690799 (State or other jurisdiction ...