Flywire Corp
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as pr… Read more
Flywire Corp (FLYW) - Net Assets
Latest net assets as of September 2025: $829.13 Million USD
Based on the latest financial reports, Flywire Corp (FLYW) has net assets worth $829.13 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.26 Billion) and total liabilities ($430.74 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $829.13 Million |
| % of Total Assets | 65.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.96 |
Flywire Corp - Net Assets Trend (2019–2024)
This chart illustrates how Flywire Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Flywire Corp (2019–2024)
The table below shows the annual net assets of Flywire Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $814.77 Million | +3.64% |
| 2023-12-31 | $786.12 Million | +63.13% |
| 2022-12-31 | $481.90 Million | -0.09% |
| 2021-12-31 | $482.33 Million | +689.92% |
| 2020-12-31 | $-81.76 Million | -8.61% |
| 2019-12-31 | $-75.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flywire Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8420500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.00% |
| Other Comprehensive Income | $-2.07 Million | -0.25% |
| Other Components | $987.69 Million | 121.22% |
| Total Equity | $814.77 Million | 100.00% |
Flywire Corp Competitors by Market Cap
The table below lists competitors of Flywire Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaiprakash Power Ventures Limited
NSE:JPPOWER
|
$1.09 Billion |
|
Europris ASA
OL:EPR
|
$1.09 Billion |
|
CIBUS NORDIC REAL
F:6N5
|
$1.09 Billion |
|
Freehold Royalties Ltd.
PINK:FRHLF
|
$1.09 Billion |
|
Essence Fastening Systems (Shanghai) Co. Ltd.
SHE:301005
|
$1.09 Billion |
|
Procter & Gamble Hygiene and Health Care Limited
NSE:PGHH
|
$1.09 Billion |
|
Beijer Alma AB Series B
LSE:0YG7
|
$1.09 Billion |
|
Beijer Alma AB (publ)
ST:BEIA-B
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flywire Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 786,117,000 to 814,767,000, a change of 28,650,000 (3.6%).
- Net income of 2,900,000 contributed positively to equity growth.
- Share repurchases of 43,740,000 reduced equity.
- Other comprehensive income decreased equity by 3,386,000.
- Other factors increased equity by 72,876,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.90 Million | +0.36% |
| Share Repurchases | $43.74 Million | -5.37% |
| Other Comprehensive Income | $-3.39 Million | -0.42% |
| Other Changes | $72.88 Million | +8.94% |
| Total Change | $- | 3.64% |
Book Value vs Market Value Analysis
This analysis compares Flywire Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.74 | $12.63 | x |
| 2020-12-31 | $-0.81 | $12.63 | x |
| 2021-12-31 | $4.53 | $12.63 | x |
| 2022-12-31 | $4.46 | $12.63 | x |
| 2023-12-31 | $6.85 | $12.63 | x |
| 2024-12-31 | $6.30 | $12.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flywire Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.59%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.38x
- Recent ROE (0.36%) is above the historical average (-2.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -21.19% | 0.67x | 0.00x | $-12.59 Million |
| 2020 | 0.00% | -8.43% | 0.49x | 0.00x | $-2.93 Million |
| 2021 | -5.82% | -13.96% | 0.31x | 1.33x | $-76.32 Million |
| 2022 | -8.16% | -13.60% | 0.43x | 1.40x | $-87.54 Million |
| 2023 | -1.09% | -2.13% | 0.37x | 1.37x | $-87.18 Million |
| 2024 | 0.36% | 0.59% | 0.44x | 1.38x | $-78.58 Million |
Industry Comparison
This section compares Flywire Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flywire Corp (FLYW) | $829.13 Million | 0.00% | 0.52x | $1.09 Billion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |