Flywire Corp (FLYW) - Net Assets
Based on the latest financial reports, Flywire Corp (FLYW) has net assets worth $852.23 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.16 Billion) and total liabilities ($310.15 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. Also explore Flywire Corp balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $852.23 Million |
| % of Total Assets | 73.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | 73.15% |
| 10-Year Change | N/A |
| Growth Volatility | 26.49 |
Flywire Corp - Net Assets Trend (2019–2025)
This chart illustrates how Flywire Corp's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Flywire Corp to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Flywire Corp (2019–2025)
The table below shows the annual net assets of Flywire Corp from 2019 to 2025. For live valuation and market cap data, see FLYW market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $835.17 Million | +2.50% |
| 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 7070800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.00% |
| Other Comprehensive Income | $2.49 Million | 0.30% |
| Other Components | $990.04 Million | 118.54% |
| Total Equity | $835.17 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 |
|---|---|
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
$1.82 Billion |
|
Dom Development S.A.
WAR:DOM
|
$1.82 Billion |
|
AOZORA BANK LTD ADR/20
F:AON0
|
$1.83 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$1.83 Billion |
|
Anhui Kouzi Distillery Co Ltd
SHG:603589
|
$1.82 Billion |
|
Guangdong No2 Hydropower Engineering Co Ltd
SHE:002060
|
$1.82 Billion |
|
Inter & Co. Inc. Class A Common Shares
NASDAQ:INTR
|
$1.82 Billion |
|
Thaifoods Group Public Company Limited
BK:TFG-R
|
$1.82 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 2024 to 2025, total equity changed from 814,767,000 to 835,171,000, a change of 20,404,000 (2.5%).
- Net income of 13,497,000 contributed positively to equity growth.
- Share repurchases of 78,547,000 reduced equity.
- Other comprehensive income increased equity by 4,554,000.
- Other factors increased equity by 80,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.50 Million | +1.62% |
| Share Repurchases | $78.55 Million | -9.4% |
| Other Comprehensive Income | $4.55 Million | +0.55% |
| Other Changes | $80.90 Million | +9.69% |
| Total Change | $- | 2.50% |
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: 2.45x
- 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 | $16.01 | x |
| 2020-12-31 | $-0.81 | $16.01 | x |
| 2021-12-31 | $4.53 | $16.01 | x |
| 2022-12-31 | $4.46 | $16.01 | x |
| 2023-12-31 | $6.85 | $16.01 | x |
| 2024-12-31 | $6.30 | $16.01 | x |
| 2025-12-31 | $6.54 | $16.01 | 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): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.17%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.50x
- Recent ROE (1.62%) is above the historical average (-1.87%), 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 |
| 2025 | 1.62% | 2.17% | 0.50x | 1.50x | $-70.02 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: $168,906,068
- Average return on equity (ROE) among peers: 2305.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flywire Corp (FLYW) | $852.23 Million | 0.00% | 0.36x | $1.82 Billion |
| ACI Worldwide Inc (ACIW) | $581.40 Million | 11.62% | 2.18x | $4.63 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $13.21 Million | -1100.48% | 12.60x | $855.27 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $30.16 Million | -37.03% | 0.03x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $98.65 Million | 63.73% | 0.07x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $-5.52 Million | 0.00% | 0.00x | $31.41 Million |
| C3 Ai Inc (AI) | $873.35 Million | -32.03% | 0.19x | $1.26 Billion |
| All In FutureTech Alliance Inc. (AIFA) | $44.22 Million | -37.85% | 0.69x | $10.33 Million |
| AI Financial Corporation (AIFC) | $16.10 Million | -47.01% | 3.70x | $57.33 Million |
| iLearningEngines, Inc. (AILE) | $28.28K | 24250.25% | 3.12x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $37.45 Million | -20.02% | 0.48x | $457.44 Million |
About Flywire Corp
Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Europe, the Middle East, and Africa and the Asia Pacific. The company provides a payment platform that integrates into existing apps and workflows and have access to solutions, such as tailored invoicing, settlement and reconciliation tools, single sign-on and checkout,… Read more