Flywire Soars 10.16% on Q1 Revenue Surge

On May 7, 2025, Flywire's stock surged by 10.16% in pre-market trading, reflecting a strong start to the day's trading session.

Flywire reported a narrower Q1 loss of $0.03 per diluted share, compared to a loss of $0.05 a year earlier. This improvement was driven by a 17% increase in revenue to $133.5 million, surpassing analyst expectations. The company's strong performance was attributed to the addition of over 200 new clients, particularly in the travel and education sectors.

Flywire's revenue growth was bolstered by a 16.6% year-over-year increase in transaction revenue and a 21.9% increase in platform and other revenues. The company's adjusted EBITDA margins also improved, reflecting disciplined expense management and stronger gross margins. Despite these positive developments, Flywire faced challenges in its education business due to policy changes in Canada and Australia, leading to a significant revenue shortfall.

Flywire's strategic shifts in capital allocation and performance culture, stemming from an operational review, have contributed to its positive trajectory. The company's core business continues to flourish, with low client turnover and strong client satisfaction, indicating the substantial value placed on Flywire's services. The company's strong Q1 performance highlights its ongoing sales momentum and the strength of its diversified global operations.