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

The grade of Flywire Corporation Voting

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.025% of the headline
● Present5.735% of the headline
▶ Future6.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.0/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.3/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-02-28.

weight 22% of this tense · 53rd percentile among 105 sector filers · read for itself

From the record

Flywire Corporation Voting's filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-02-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.1/10

What has it actually done, year after year?

+36.8% a year over 7 filed years; profitable in 2 of 7.

weight 45% of this tense · 71st percentile among 99 sector filers · read for its customers

From the record

Flywire Corporation Voting's 7 filed years say what it did: revenue went from $95 million in fiscal 2019 to $623 million in fiscal 2025, up 36.8% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 2 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span36.8%top 15% of its family
  • the share of years revenue rosetop 18% of its family
  • the share of filed years with a profitbottom 35% of its family
  • the deepest fall from a revenue peak0.0%top 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.8/10

How has it treated the people who own it?

Share count grew 5.8% a year. 0% of cash flow returned. Insiders: 40 sales, 0 purchases.

weight 33% of this tense · 18th percentile among 70 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Flywire Corporation Voting's diluted share count grew about 5.8% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 40 sales (37 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 26% of its family
  • cash returned against operating cash flowbottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.3/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 33%: owes 33¢ per asset dollar.

weight 33% of this tense · 63rd percentile among 98 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Flywire Corporation Voting earned about 2 cents of profit for every dollar of shareholders' money. Leverage: it owed about 33 cents per dollar of assets, and net share issuance: its share count shrank 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 18% of its family
  • return on equitybottom 42% of its family
  • the share count against the year beforetop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.5/10

How strong is its position in its industry?

top 45% of 101 in its family; net margin 2.2%.

weight 45% of this tense · 55th percentile among 101 sector filers · read for its customers

From the record

Flywire Corporation Voting's standing among 101 graded names in its industry family: revenue of $623 million in fiscal 2025 ranks in the bottom 39% by size; a net margin of 2.2% ranks in the bottom 44%; revenue growth of 29.1% a year over the last 3 filed years ranks in the top 17% (its annual reports).

What it rests on

  • revenue against the family$623Mbottom 39% of its family
  • net margin2.2%bottom 44% of its family
  • three-year revenue growth29.1%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.0/10

What are the people in charge doing?

bottom 50% of 65 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 50th percentile among 65 sector filers · read for its shareholders

From the record

Flywire Corporation Voting's leadership, from its insiders' filings and its current reports: the chief executive on the record is Massaro, Michael (Chief Executive Officer, as filed), filing under that title since 2021-05-25, 5.5 years (top 45% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 4.7 years (bottom 35%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 41%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 16 peopletop 41% of its family
  • the median years the people in charge have filed4.7 yearsbottom 35% of its family
  • the chief executive's years on the record5.5 yearstop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.7/10

How much room does it have to grow?

top 33% of 99 in its family for room to expand.

weight 33% of this tense · 67th percentile among 99 sector filers · read for itself

From the record

Flywire Corporation Voting's room to grow, from the newest filed statements (fiscal 2025): cash of $330 million against no long-term debt tagged leaves 26.4% of its assets as net cash, top 18% of its family; cash from operations less capital spending is 15.9% of revenue (top 34%); research spending of 11.3% of revenue (top 47%) (its annual report).

What it rests on

  • cash less debt against assets26.4%top 18% of its family
  • cash from operations less capital spending against revenue15.9%top 34% of its family
  • research spending against revenue11.3%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.5/10

What could actually drive growth from here?

top 45% of 99 in its family for growth drivers.

weight 45% of this tense · 55th percentile among 99 sector filers · read for its customers

From the record

Flywire Corporation Voting's growth drivers, from the filed years to fiscal 2025: revenue grew 29.1% a year over the last three filed years against 36.8% over all 7, slowing (bottom 35% of its family); the newest year grew 26.6% (top 21%); research spending grew 11.8% a year (top 30%); capital spending grew -0.1% a year (bottom 34%) (its annual reports). Flywire Corporation Voting reported 2 product lines in fiscal 2025: Transactions at $503 million (81%), Platform and Other Revenues at $120 million (19%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-7.7 points a yearbottom 35% of its family
  • the newest year's revenue growth26.6%top 21% of its family
  • three-year growth of research spending11.8%top 30% of its family
  • three-year growth of capital spending-0.1%bottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 93 in its family for expectations against reality.

weight 22% of this tense · 61st percentile among 93 sector filers · read for its shareholders

From the record

Flywire Corporation Voting's newest year against its own record: revenue of $623 million in fiscal 2025 came in 2.9% below the $642 million its prior three years' pace pointed to (bottom 42% of its family); net income of $13 million against a prior three-year average of $15 million (top 17%); a net margin of 2.2% against -5% before (top 44%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.9%bottom 42% of its family
  • net income against the prior three years' average+190%top 17% of its family
  • net margin against its prior average+7.2 pointstop 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FLYW · research, not advice