Professional
Added to YB: 2025-11-28
Pitch date: 2025-11-25
FLYW [neutral]
Flywire Corporation
+17.7%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
Company Info
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.
Market Cap
$2.0B
Pitch Price
$13.73
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.33
P/E
66.82
EV/Sales
2.41
Sector
Financial Services
Category
growth
Voss Capital Portfolio Holding: Long FLYW
FLYW (holding update): Beat/raise 3 qtrs, ~8% rev beat, 40%+ incremental EBITDA margins. Bear case overblown - 25% US student decline = only 2% total rev impact. UK growing 40% despite restrictions, new ERP integrations expand TAM. Healthcare accelerates 2026, B2B +70%. 3x EV/gross profit, 9x 2027 FCF vs Toast 11x. M&A target.
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