Company Analysis

Flywire Corporation Voting (FLYW)

Nasdaq: FLYW · Services-Business Services, NEC · Boston, MA · filing with the SEC since 2013
Grade5.6
◀ Past 5.0● Present 5.7▶ Future 6.0

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 24, 2026Feb 26, 2025Feb 28, 2024Mar 10, 2023Mar 29, 2022··
Revenue623,025492,144403,094289,375201,149131,78394,918
Research and development70,20766,63662,02850,25731,29524,50115,008
Sales and marketing156,991129,435107,62178,45651,29732,61226,606
General and administrative135,482125,838107,62482,94961,62342,68034,035
Total operating expenses611,730499,399424,612319,595214,406147,598112,375
Operating income11,295-7,255-21,518-30,220-13,257-15,815-17,457
Interest expense3,5265383721,2112,0212,5332,459
Interest and investment income5,64021,44013,3493,244r0100·
Other income (expense), net···-5,928109697477
Total non-operating income (expense)10,1459,11517,166-7,139-12,670-2,461-2,109
Income before income taxes21,4401,860-4,352-37,359-25,927-18,276-19,566
Income tax expense7,943-1,0404,2141,9882,158-7,169550
Net income13,4972,900-8,566-39,347-28,085-11,107-20,116
Net income to common shareholders13,4972,900-8,566-39,347-28,098-11,121·
Earnings per share, basic0.110.02-0.07-0.36-0.39-0.60-1.25
Earnings per share, diluted0.110.02-0.07-0.36-0.39-0.60·
Earnings per share, basic and diluted····-0.39-0.60-1.25
Weighted average shares, basic122,377,814124,269,820114,828,494107,935,51471,168,05418,389,898·
Weighted average shares, diluted127,747,476129,339,462114,828,494107,935,51471,168,05418,389,898·
Weighted average shares, basic and diluted····71,168,05418,389,89816,067,088
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton FLYW · research, not advice