FLYW
Income statement / Annual
Last year (2024), Flywire Corporation's total revenue was $492.14 M,
an increase of 22.09% from the previous year.
In 2024, Flywire Corporation's net income was $2.90 M.
See Flywire Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$492.14 M |
$403.09 M |
$289.38 M |
$201.15 M |
$131.78 M |
$94.92 M |
| Cost of Revenue |
$177.49 M
|
$147.34 M
|
$107.93 M
|
$70.19 M
|
$47.81 M
|
$36.73 M
|
| Gross Profit |
$314.65 M
|
$255.76 M
|
$181.44 M
|
$130.96 M
|
$83.98 M
|
$58.19 M
|
| Gross Profit Ratio |
0.64
|
0.63
|
0.63
|
0.65
|
0.64
|
0.61
|
| Research and Development Expenses |
$66.64 M
|
$62.03 M
|
$50.26 M
|
$31.30 M
|
$24.50 M
|
$15.01 M
|
| General & Administrative Expenses |
$125.84 M
|
$107.62 M
|
$82.95 M
|
$61.62 M
|
$42.68 M
|
$34.04 M
|
| Selling & Marketing Expenses |
$129.44 M
|
$107.62 M
|
$78.46 M
|
$51.30 M
|
$32.61 M
|
$26.61 M
|
| Selling, General & Administrative Expenses |
$255.27 M
|
$215.25 M
|
$161.41 M
|
$112.92 M
|
$75.29 M
|
$60.64 M
|
| Other Expenses |
$0.00
|
$0.00
|
-$5.93 M
|
$109,000.00
|
$697,000.00
|
$477,000.00
|
| Operating Expenses |
$321.91 M
|
$277.27 M
|
$211.66 M
|
$144.22 M
|
$99.79 M
|
$75.65 M
|
| Cost And Expenses |
$499.40 M
|
$424.61 M
|
$319.60 M
|
$214.41 M
|
$147.60 M
|
$112.38 M
|
| Interest Income |
$21.44 M
|
$13.35 M
|
$1.99 M
|
$2.02 M
|
$100,000.00
|
$600,000.00
|
| Interest Expense |
$538,000.00
|
$372,000.00
|
$1.21 M
|
$2.02 M
|
$2.53 M
|
$2.46 M
|
| Depreciation & Amortization |
$17.36 M
|
$17.55 M
|
$14.10 M
|
$9.24 M
|
$6.79 M
|
$3.73 M
|
| EBITDA |
$19.76 M |
$13.57 M |
-$22.05 M |
-$14.66 M |
-$8.95 M |
-$13.38 M |
| EBITDA Ratio |
0.04
|
0.03
|
-0.08
|
-0.02
|
-0.06
|
-0.14
|
| Operating Income Ratio |
-0.01
|
-0.05
|
-0.1
|
-0.07
|
-0.12
|
-0.18
|
| Total Other Income/Expenses Net |
$9.12 M
|
$17.17 M
|
-$7.14 M
|
-$12.67 M
|
-$2.46 M
|
-$2.11 M
|
| Income Before Tax |
$1.86 M
|
-$4.35 M
|
-$37.36 M
|
-$25.93 M
|
-$18.28 M
|
-$19.57 M
|
| Income Before Tax Ratio |
0
|
-0.01
|
-0.13
|
-0.13
|
-0.14
|
-0.21
|
| Income Tax Expense |
-$1.04 M
|
$4.21 M
|
$1.99 M
|
$2.03 M
|
-$7.17 M
|
$550,000.00
|
| Net Income |
$2.90 M
|
-$8.57 M
|
-$39.35 M
|
-$27.96 M
|
-$11.11 M
|
-$20.12 M
|
| Net Income Ratio |
0.01
|
-0.02
|
-0.14
|
-0.14
|
-0.08
|
-0.21
|
| EPS |
0.0233 |
-0.0746 |
-0.36 |
-0.26 |
-0.11 |
-0.2 |
| EPS Diluted |
0.0224 |
-0.0746 |
-0.36 |
-0.26 |
-0.11 |
-0.2 |
| Weighted Average Shares Out |
$124.27 M
|
$114.83 M
|
$107.94 M
|
$106.44 M
|
$101.11 M
|
$101.11 M
|
| Weighted Average Shares Out Diluted |
$129.34 M
|
$114.83 M
|
$107.94 M
|
$106.44 M
|
$101.11 M
|
$101.11 M
|
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