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Below are the financial statements of Flywire, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Flywire, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 492.14a | 403.09a | 289.38a |
| Costs and operating expenses | — | — | — |
| Payment processing services costs | -177.49a | -147.34a | -107.93a |
| Technology and development | -66.64a | -62.03a | -50.26a |
| Selling and marketing | -129.44a | -107.62a | -78.46a |
| General and administrative | -125.84a | -107.62a | -82.95a |
| Total costs and operating expenses | -499.4a | -424.61a | -319.6a |
| Loss from operations | -7.26a | -21.52a | -30.22a |
| Other income (expense) | — | — | — |
| Interest expense | -0.54a | -0.37a | -1.21a |
| Interest income | 21.44a | 13.35a | 3.24a |
| (Loss) gain from remeasurement of foreign currency | -11.79a | 4.19a | -9.17a |
| Total other income (expense), net | 9.12a | 17.17a | -7.14a |
| Income (loss) before (benefit from) provision for income taxes | 1.86a | -4.35a | -37.36a |
| (Benefit from) provision for income taxes | -1.04a | -4.21a | -1.99a |
| Net income (loss) | 2.9a | -8.57a | -39.35a |
| Net income (loss) attributable to common stockholders - basic and diluted | 2.9a | -8.57a | -39.35a |
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