Flywire
Vertical-specific technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges.
Launch date
Employees
Market cap
AUD3.4b
Enterprise valuation
AUD2.6b (Public information from Sep 2024)
Share price
$16.99 FLYW
Company register number 07677601
Boston Massachusetts (HQ), Valencia Valencian Community (founding location)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 132m | 201m | 289m | 403m | 482m | 607m | 760m |
% growth | 39 % | 53 % | 44 % | 39 % | 20 % | 26 % | 25 % |
EBITDA | (8.3m) | (4.1m) | (23.8m) | 11.8m | 76.2m | 114m | 162m |
% EBITDA margin | (6 %) | (2 %) | (8 %) | 3 % | 16 % | 19 % | 21 % |
Profit | (11.1m) | (28.0m) | (39.3m) | (8.6m) | (1.1m) | 30.1m | 53.8m |
% profit margin | (8 %) | (14 %) | (14 %) | (2 %) | - | 5 % | 7 % |
EV / revenue | - | 18.0x | 8.0x | 5.3x | 3.5x | 2.6x | 1.9x |
EV / EBITDA | - | -873.5x | -97.1x | 183.0x | 21.8x | 13.9x | 9.1x |
R&D budget | 24.5m | 31.3m | 50.3m | 62.0m | - | - | - |
R&D % of revenue | 19 % | 16 % | 17 % | 15 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Grant | ||
$7.5m | Series A | ||
$6.4m | Series B | ||
$6.2m | Series B | ||
* | $22.0m | Series C | |
* | $100m | Series D | |
N/A | Secondary | ||
$120m Valuation: $1.0b 10.5x EV/LTM Revenues -75.5x EV/LTM EBITDA | Series E | ||
$60.0m Valuation: $1.0b 7.6x EV/LTM Revenues -120.1x EV/LTM EBITDA | Series F | ||
N/A | $251m Valuation: $3.5b 26.6x EV/LTM Revenues -420.5x EV/LTM EBITDA | IPO | |
Total Funding | AUD499m |
Related Content
Recent News about Flywire
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Flywire
EditACQUISITION by Flywire Feb 2020
ACQUISITION by Flywire Aug 2024
ACQUISITION by Flywire Jun 2017
ACQUISITION by Flywire Oct 2015
ACQUISITION by Flywire Jan 2016
ACQUISITION by Flywire Jan 2018
ACQUISITION by Flywire Jun 2017
ACQUISITION by Flywire Nov 2023
ACQUISITION by Flywire Jul 2022
ACQUISITION by Flywire Dec 2021