Name | Value |
---|---|
Revenues | 156.8M |
Cost of Revenue | 54.6M |
Gross Profit | 102.3M |
Operating Expense | 82.0M |
Operating I/L | 20.3M |
Other Income/Expense | 10.3M |
Interest Income | 5.0M |
Pretax | 30.6M |
Income Tax Expense | -8.3M |
Net Income/Loss | 38.9M |
Flywire Corporation operates as a payment enablement and software company, providing a platform and network to facilitate payment flows across multiple currencies, payment types, and options. The company's services help clients in education, healthcare, travel, and business to business sectors to receive payments and enable their customers to make payments. Flywire's platform also offers direct connections to alternative payment methods, including Alipay, Boleto, PayPal/Venmo, and Trustly, generating revenue through transaction fees and service charges.