Flywire's shares have seen significant losses since its 2021 IPO, primarily due to a lack of profitability and questionable capital allocation decisions. Despite tripling its revenue since the IPO, Flywire continues to post operating losses, with a recent acquisition raising concerns about its strategic judgment. The company's valuation is low, trading at close to 1x sales, but operational struggles and capital allocation issues deter investment.
JP Morgan analyst Tien-tsin Huang maintained a Neutral rating on Flywire Corp FLYW with a price target of $16, down from $21.
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Wednesday.
The global payments and software company will be cutting 10% of its workforce under a restructuring plan.
Flywire Corporation (NASDAQ:FLYW ) Q4 2024 Earnings Call Transcript February 25, 2025 5:00 PM ET Company Participants Masha Kahn - Investor Relations Mike Massaro - Chief Executive Officer and Director Rob Orgel - President and Chief Operating Officer Cosmin Pitigoi - Chief Financial Officer Conference Call Participants Cris Kennedy - William Blair Andrew Schmidt - Citi Tien Huang - JPMorgan Kenneth Suchoski - Autonomous Timothy Chiodo - UBS Will Nance - Goldman Sachs Darrin Peller - Wolfe Research Nate Svensson - Deutsche Bank Andrew Bauch - Wells Fargo Operator Ladies and gentlemen, greetings. And welcome to the Flywire Corporation's Fourth Quarter and Full Year 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Flywire (FLYW) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Flywire (FLYW) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.01 per share a year ago.
Flywire continues to show strong organic growth of 27%, despite challenges in its education segment due to stricter immigration rules in Canada. Margins are set to expand significantly, reaching 20% in FY25, translating to an adjusted EBITDA of $120 million. Shares are significantly undervalued compared to its peers, at 3 times next year's revenue and 15.2 times next year's adjusted EBITDA.
Flywire Corporation (NASDAQ:FLYW ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Masha Kahn - Investor Relations Mike Massaro - CEO & Director Rob Orgel - President & COO Cosmin Pitigoi - CFO Conference Call Participants Darrin Peller - Wolfe Research John Davis - Raymond James Pat Ennis - UBS Nate Svensson - Deutsche Bank Andrew Bauch - Wells Fargo James Faucette - Morgan Stanley Andrew Schmidt - Citi Cris Kennedy - William Blair Operator Good day, and welcome to the Flywire Third Quarter of 2024 Earnings Conference Call. All participants will be in a listen-only through the duration of the call.
While the top- and bottom-line numbers for Flywire (FLYW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Beyond analysts' top -and-bottom-line estimates for Flyware (FLYW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
The average of price targets set by Wall Street analysts indicates a potential upside of 33% in Flyware (FLYW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.