Flywire Corporation Intrinsic Value Calculation – Flywire Corporation Reports Third Quarter FY2023 Earnings Results
November 20, 2023
🌥️Earnings Overview
FLYWIRE CORPORATION ($NASDAQ:FLYW) announced its financial results for the third quarter of FY2023, which ended on September 30 2023. The company reported total revenue of USD 123.3 million, a year-on-year growth of 29.5%. Net income also saw an increase to USD 10.6 million, compared to a net loss of -4.3 million in the same period the previous year.
Stock Price
According to market reports, when the markets opened, FLYWIRE CORPORATION stock was valued at $27.4 and closed the day at $27.7 per share, representing a 1.4% increase from the previous closing price of 27.3. The company’s performance was attributed to its strong focus on global expansion and strategic acquisitions that enabled it to capture new markets and increase its customer base. The stock’s impressive performance on Tuesday is a testament to the confidence investors have in the company’s future success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Flywire Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 375.6 | -10.98 | -5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flywire Corporation. More…
| Operations | Investing | Financing |
| 54.03 | -7.19 | 246.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Flywire Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 982.42 | 207.1 | 6.39 |
Key Ratios Snapshot
Some of the financial key ratios for Flywire Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 45.0% | – | -2.4% |
| FCF Margin | ROE | ROA |
| 12.5% | -0.9% | -0.6% |
Analysis – Flywire Corporation Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of FLYWIRE CORPORATION‘s wellbeing. Our proprietary Valuation Line was used to calculate the intrinsic value of FLYWIRE CORPORATION shares, which was determined to be around $40.0. At its current trading price of $27.7, FLYWIRE CORPORATION’s stock is significantly undervalued by 30.8%. This presents a great opportunity for investors to purchase shares of FLYWIRE CORPORATION at a discounted price. More…
Peers
The company competes with Mobi724 Global Solutions Inc, Appliqate Inc, and IronNet Inc.
– Mobi724 Global Solutions Inc ($TSXV:MOS)
Mobi724 Global Solutions Inc is a Canadian company that provides end-to-end mobile payment solutions. The company’s solutions include a mobile wallet, point-of-sale, and loyalty program. Mobi724 Global Solutions Inc has a market cap of 2.86M as of 2022, a Return on Equity of 24.7%. The company’s solutions are used by major retailers, such as 7-Eleven and Best Buy, in North America and Europe.
– Appliqate Inc ($OTCPK:APQT)
IronNet Inc is a publicly traded company with a market capitalization of $66.76 million as of 2022. The company has a negative return on equity of 2822.93%. IronNet Inc is engaged in the business of providing security solutions to businesses and organizations. The company’s products and services include firewall, intrusion detection and prevention, and vulnerability management.
Summary
Flywire Corporation has reported a strong third quarter for FY2023, with total revenue increasing by 29.5% year-over-year and net income rising from a loss to a profit of USD 10.6 million. This is a strong sign of growth and could be an attractive investment opportunity for those willing to take a risk. Investors should consider the company’s performance in terms of revenue and income growth, cash flow, and balance sheet stability, as well as its competitive position in its industry. Further, the company’s financial outlook and future prospects should be considered before taking an investing decision.
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