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Flywire — Nov 7, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-24-253131
Open on SEC.gov ↗
Showing in the filing
Revenue
“$495 to $503 million”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 6
Revenue for FY2024
“$495 to $503 million”
Revenue Less Ancillary Services for FY2024
“$479 to $485 million”
Adjusted EBITDA for FY2024
“$76 to $80 million”
Revenue for Q4 FY2024
“$121 to $129 million”
Revenue Less Ancillary Services for Q4 FY2024
“$118 to $124 million”
Adjusted EBITDA for Q4 FY2024
“$15 to $19 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Flywire has been and expects to continue to be a Rule of 40 company and we are confident in our strong Free Cash Flow and GAAP net income profitability trajectory ahead.” Based on information available as of November 7, 2024, Flywire anticipates the following results for the fourth quarter and Fiscal-Year 2024.        Fiscal-Year 2024* Revenue    $495 to $503 million Revenue Less Ancillary Services    $479 to $485 million Adjusted EBITDA**    $76 to $80 million      Fourth Quarter 2024* Revenue    $121 to $129 million Revenue Less Ancillary Services    $118 to $124 million Adjusted EBITDA**    $15 to $19 million   * The Company has assumed foreign exchange rates prevailing as of September 30, 2024. ** Flywire has not provided a quantitative reconciliation of forecasted Adjusted EBITDA to forecasted GAAP net income (loss) or to forecasted GAAP income (loss) before income taxes within this earnings release because Flywire is unable, without making unreasonable efforts, to calculate certain reconciling items with confidence. These items include, but are not limited to income taxes which are directly impacted by unpredictable fluctuations in the market price of Flywire’s stock. These statements are forward-looking and actual results may differ materially. Refer to the “Safe Harbor Statement” below for information on the factors that could cause Flywire’s actual results to differ materially from these forward-looking statements. Conference Call The
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.