2024-04-03 06:27:33 ET
Summary
- Flywire is a global payment company that focuses on specific verticals, including education, healthcare, travel, and B2B.
- The company's stock performance has been lackluster since going public, with a YTD decline of -19%.
- Despite slower growth, cash flows and net margin have seen noteworthy expansions. Traction in the education vertical was strong in Q4, implying future revenue growth through expansion in FY 2024.
Flywire ( FLYW ) is a company that provides a platform to manage and facilitate global payments across multiple currencies and payment methods. It has a unique business strategy, where it focuses its solutions towards specific verticals. As of today, it generates revenues from providing payment solutions across four verticals - education, healthcare, travel, and B2B....
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Flywire: Doubling Down On Education Vertical To Fuel Future Growth