Flywire Corp
FLYWNasdaqIndustrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $623.0M | $492.1M | $403.1M | $289.4M | $201.1M | $131.8M |
| Operating income | $11.3M | −$7.3M | −$21.5M | −$30.2M | −$13.3M | −$15.8M |
| Net income | $13.5M | $2.9M | −$8.6M | −$39.3M | −$28.1M | −$11.1M |
| Total assets | $1.25B | $1.12B | $1.08B | $674.3M | $639.8M | $271.4M |
| Total liabilities | $418.1M | $307.7M | $293.6M | $192.4M | $157.6M | $123.0M |
| Equity | $835.2M | $814.8M | $786.1M | $481.9M | $482.2M | −$81.8M |
| EPS (diluted) | $0.11 | $0.02 | $-0.07 | $-0.36 | $-0.39 | $-0.60 |
| Shares out. | 120.1M | 122.2M | 120.7M | 107.5M | 100.5M | 19.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 1.8%
- Net margin
- 2.2%
- Return on equity
- 1.6%
- Return on assets
- 1.1%
- Return on capital (ROCE)
- 1.3%
- Liabilities / assets
- 33.4%
- Debt / equity
- 0.50×
- Book value / share
- $6.95
- Revenue growth (YoY)
- 26.6%
- Net income growth (YoY)
- 365.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.80safe
- Accruals / assets
- −6.9%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Feb 28, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Cadian Capital Management, LpPassive (13G)May 15, 2026
- Voss Capital, LpPassive (13G)Apr 22, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Temasek Holdings (Private) LtdPassive (13G)Jan 30, 2026
- Fmr LlcPassive (13G)May 12, 2025
- William Blair Investment Management, LlcPassive (13G)May 9, 2025
- Westfield Capital Management Co LpPassive (13G)Mar 5, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.3M | 1.5 | +14.2% |
| Apr 30, 2026 | 3.8M | 2.3 | -14.1% |
| Apr 15, 2026 | 4.4M | 3.0 | -13.4% |
| Mar 31, 2026 | 5.0M | 3.7 | +1.9% |
| Mar 13, 2026 | 4.9M | 2.2 | -3.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Regulation FD disclosure · Other material eventMay 15, 2026
- Results of operations · Regulation FD disclosureMay 5, 2026
- Director / officer change · Regulation FD disclosureMar 26, 2026
- Results of operations · Regulation FD disclosure · Other material eventFeb 24, 2026
- Director / officer changeJan 14, 2026
- Results of operations · Regulation FD disclosureNov 4, 2025
- Results of operations · Regulation FD disclosureAug 5, 2025
- Shareholder voteJun 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.