Flywire Q2 revenue up 27.2%, beats analyst estimates

Flywire

05/08/2025 21:24

Overview

Flywire Q2 revenue grows 27.2% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats consensus, reflecting operational efficiency

Co raises adjusted EBITDA margin guidance for fiscal yr 2025

Outlook

Flywire reaffirms FY 2025 revenue guidance, raises aEBITDA margin by 75 bps

Company expects FY 2025 FX-neutral revenue less ancillary services growth of 17-23% YoY

Flywire anticipates Sertifi to contribute $35-40 mln in FY 2025 revenue

Company raises full-year 2025 adj EBITDA margin outlook by 200-350 bps YoY

Result Drivers

SERTIFI CONTRIBUTION - Sertifi acquisition added 12 points to revenue growth in Q2

NEW CLIENTS - Nearly 200 new clients signed across all verticals, excluding Sertifi and Invoiced accounts

TRAVEL VERTICAL - Scaled fast-growing travel vertical, expanding client roster and growing Sertifi's revenue by 35% year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$131.90 mln
$122 mln (12 Analysts)
Q2 EPS
-$0.1
Q2 Net Income
-$12 mln
Q2 Adjusted EBITDA
Beat
$16.60 mln
$10.10 mln (12 Analysts)
Q2 Adjusted Gross Margin
61.1%
Q2 Gross Profit
$75.10 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Flywire Corp is $13.79, about 25.1% above its August 4 closing price of $10.33

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 49 three months ago

Press Release: ID:nGNXQtjSX

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)