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) - Total Assets
Latest total assets as of September 2025: $1.26 Billion USD
Based on the latest financial reports, Flywire Corp (FLYW) holds total assets worth $1.26 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Flywire Corp - Total Assets Trend (2019–2024)
This chart illustrates how Flywire Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flywire Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Flywire Corp's total assets of $1.26 Billion consist of 68.0% current assets and 32.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.1% |
| Accounts Receivable | $129.27 Million | 11.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $118.68 Million | 10.6% |
| Goodwill | $149.56 Million | 13.3% |
Asset Composition Trend (2019–2024)
This chart illustrates how Flywire Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flywire Corp's current assets represent 68.0% of total assets in 2024, a decrease from 76.7% in 2019.
- Cash Position: Cash and equivalents constituted 44.1% of total assets in 2024, down from 61.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 19.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 13.3% of total assets.
Flywire Corp Competitors by Total Assets
Key competitors of Flywire Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Flywire Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Flywire Corp generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Flywire Corp generates $ 0.26 in net profit.
Flywire Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.53 | 2.33 | 1.68 |
| Quick Ratio | 1.53 | 2.33 | 1.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $210.21 Million | $ 500.19 Million | $ 60.18 Million |
Flywire Corp - Advanced Valuation Insights
This section examines the relationship between Flywire Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.59 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | 4.0% |
| Total Assets | $1.12 Billion |
| Market Capitalization | $1.04 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Flywire Corp's assets close to their book value ( 0.93x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Flywire Corp's assets grew by 4.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Flywire Corp (2019–2024)
The table below shows the annual total assets of Flywire Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Billion | +3.96% |
| 2023-12-31 | $1.08 Billion | +60.13% |
| 2022-12-31 | $674.29 Million | +5.41% |
| 2021-12-31 | $639.67 Million | +135.66% |
| 2020-12-31 | $271.44 Million | +92.51% |
| 2019-12-31 | $141.00 Million | -- |