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Flywire Corp [FLYW] reports annual net loss of $8,566,000.0

Flywire Corp [FLYW] reports annual net loss of $8,566,000.0

Company Reports Revenue of $403.1 million

By USInMinutes
Published - Feb 29, 2024, 05:45 AM ET
Last Updated - Feb 29, 2024, 05:45 AM EST

Flywire Corp [FLYW] has reported a net loss of $8,566,000.0 for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $403.1 million

Based in BOSTON, Massachusetts, Flywire Corp operates in the SERVICES sector.

In the financial analysis of the annual report for the year ending December 31, 2023, compared to the same period in the previous years, the following key points can be noted.

Revenue for the year 2023 amounted to $403.1 million, showing a substantial increase from the previous year's revenue of $289.4 million in 2022 and $201.1 million in 2021.

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