Latest news with #FlywireCorporation
Yahoo
27-05-2025
- Business
- Yahoo
Flywire Corporation (FLYW) Traded Lower as Guidance Fell Short of Expectations
Carillon Tower Advisers, an investment management company, released its 'Carillon Eagle Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Small-cap stocks experienced a significant drop in Q1, with the Russell 2000 Growth Index (down 11.12%) trailing the Russell 2000 Value Index (down 7.74%). In the Russell 2000 Growth Index, real estate, which increased by 1.76%, outperformed all sectors both absolutely and relatively. The only other sector delivering positive returns was consumer staples, which rose by 0.67%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Carillon Eagle Small Cap Growth Fund highlighted stocks such as Flywire Corporation (NASDAQ:FLYW). Headquartered in Boston, Massachusetts, Flywire Corporation (NASDAQ:FLYW) is a payments enablement and software company. The one-month return of Flywire Corporation (NASDAQ:FLYW) was 23.13%, and its shares lost 39.01% of their value over the last 52 weeks. On May 23, 2025, Flywire Corporation (NASDAQ:FLYW) stock closed at $11.03 per share with a market capitalization of $1.365 billion. Carillon Eagle Small Cap Growth Fund stated the following regarding Flywire Corporation (NASDAQ:FLYW) in its Q1 2025 investor letter: "Flywire Corporation (NASDAQ:FLYW) is a global payments enablement and software company that specializes in secure, scalable and efficient cross-border payment solutions across various industries. The stock pulled back dramatically following 2025 guidance, as the outlook came in lower than investors expected. We continue to evaluate the stock as we believe its valuation has become extremely discounted for a business growing revenues in the double digits, expanding margins, and maintaining a clean balance sheet." A digital tablet presenting various payment options alongside an educational lecture on the benefits of diverse capabilities. Flywire Corporation (NASDAQ:FLYW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Flywire Corporation (NASDAQ:FLYW) at the end of the first quarter, which was 34 in the previous quarter. While we acknowledge the potential of Flywire Corporation (NASDAQ:FLYW) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Flywire Corporation (NASDAQ:FLYW) and shared the list of best growth stocks under $10 to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-05-2025
- Business
- Yahoo
Flywire Corporation (FLYW): Among the Best Growth Stocks Under $10 to Buy Right Now
We recently compiled a list of the . In this article, we are going to take a look at where Flywire Corporation (NASDAQ:FLYW) stands against the other growth stocks under $10. Growth stocks refer to companies that grow their earnings and revenues at rates much above those of the broad market. The growth factor in investing has been widely recognized as a significant driver of stock price returns, especially in periods of low interest rates, low volatility, and a growing economy. For reference, growth stocks, as proxied by thematic ETFs, have consistently outperformed the broad US market during secular bull runs, such as the 2010-2021 and the 2023-2024 periods. However, the growth factor has fallen out of favor during 2025 and slightly lags the broad market year-to-date. As already mentioned above, growth stocks thrive under conditions that aren't apparently met at the moment. Interest rates are still high, and there's a lot of uncertainty about whether the Fed will rush to cut them. Furthermore, the outlook on the US economy has been undermined by tumultuous change and actions from the new US administration. The good news is that growth stocks are currently trading at a discount vs. the beginning of the year, which represents a great opportunity for those willing to take a contrarian bet against the broad market. As we discuss below, some trustworthy signals suggest that growth stocks might become favored again and start outperforming the broad market. READ ALSO: 11 Oversold Growth Stocks to Buy Now Some indications emerged that point to the possibility that the 'tariff detox' period is over and the Trump administration may be shifting to tax cuts and deregulation. Growth stocks love certainty on the economy and geopolitics, meaning that the end of the tariff dilemma is an extremely bullish signal. JP Morgan recently expressed their view on the evolution of US policy: 'On tariffs, the Administration is indicating progress on potential deals with Japan, Korea, and India, which could serve as templates for other trading partners. Of most importance is China, where the Administration has signaled some willingness to find a common ground and possibly get a deal done soon (the increasing risk of a small business default cycle kicking off is gaining attention).' In addition, there's plenty of negative official data coming every week, which is causing a lot of fear in the market. We firmly believe much of the negative data is transitory and could rebound at any moment, as soon as the US administration gives the right signal. For instance, container data from China recently showed a massive decline in shipments amid the tariff turmoil; many fear that consumer sales, transportation, and industrial activity will drastically slow down because of lower imports. Some early data from the Dallas and Philadelphia Fed have confirmed that manufacturing and general business activity are cooling, while the New Orders index has plummeted. Now, just think about it – shipments from China can instantly recover the moment that the Trump administration announces a trade deal with its main trade partners. Even if a deal with China directly won't be reached quickly enough, there are endless possibilities to evade the 140% tariffs through third countries, similar to how European exports continued into Russia after the 2022 sanctions. Another important indicator, which can be considered forward-looking, remained strong – US employers added 177,000 jobs in April and the unemployment rate was unchanged at 4.2 percent. We believe this represents a firm indication that CEOs are not rushing to downsize their business amid a likely transitory turmoil. Furthermore, we are encouraged to see high yield credit spreads back down from their peak levels two weeks ago – this is highly favorable for small-capitalization stocks, which are mostly in the growth category. This means that fixed-income investors are acknowledging that economic risk is subsiding. To sum up, a smart way to make money in the stock market is to place contrarian bets when most of the market participants are in deep fear. As growth stocks are trading at a discount amid concerns of the economy slowing down, it is an opportunistic moment to invest in the best growth stocks that could become favored again as the current tariff challenges are navigated. To compile our list of the best growth stocks, we use a screener to identify companies with a share price below $10.00 with a revenue CAGR of at least 20% in the last 5 years. Then we compared the list with Insider Monkey's proprietary database of hedge funds' ownership and included in the article the top 14 stocks with the largest number of hedge funds that own the stock as of Q4 2024, ranked in ascending order. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A digital tablet presenting various payment options alongside an educational lecture on the benefits of diverse Corporation (NASDAQ:FLYW) is a global payments enablement and software company. It offers a proprietary payments platform and a global payment network, facilitating cross-border transactions in over 140 currencies across more than 240 countries. FLYW's core clients are in sectors such as education, healthcare, travel, and B2B. Flywire Corporation (NASDAQ:FLYW) achieved 24% revenue growth, with fewer ancillary services in 2024 and improved adjusted EBITDA margins by 540 basis points, despite significant macro headwinds from student visa policy changes. The company added over 800 new clients in 2024, surpassing 2023 additions, and now serves approximately 4,500 clients globally. The travel vertical emerged as FLYW's second-largest revenue segment, showing particularly strong growth in EMEA and APAC regions. The company also announced the acquisition of Sertifi, which provides access to over 20,000 hotel locations globally and presents opportunities to monetize several billion dollars in payment volume. Looking ahead, Flywire Corporation (NASDAQ:FLYW) faces significant challenges in its education business, with double-digit declines in student visa issuance across its big 4 geographic markets. In response, the company is undertaking a comprehensive business portfolio review focusing on core strengths and implementing a restructuring, affecting approximately 10% of its workforce. For 2025, the company is guiding to 10% to 14% FX-neutral growth excluding Sertifi, with approximately 3 points of headwind from FX throughout the year. Management expects Canada and Australia education markets to be down over 30% YoY, while maintaining strong growth expectations in EMEA education, travel, and B2B segments. We believe the strong guidance ahead and the strategic initiatives to mitigate recent challenges make FLYW one of the best growth stocks under $10 to buy right now. Overall FLYW ranks 11th on our list of the best growth stocks under $10 to buy right now. While we acknowledge the potential of FLYW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FLYW but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
San Francisco Chronicle
06-05-2025
- Business
- San Francisco Chronicle
Flywire: Q1 Earnings Snapshot
BOSTON (AP) — BOSTON (AP) — Flywire Corporation (FLYW) on Tuesday reported a loss of $4.2 million in its first quarter. On a per-share basis, the Boston-based company said it had a loss of 3 cents. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were 3 cents per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. The payments company posted revenue of $133.5 million in the period. Its adjusted revenue was $128.7 million, also beating Street forecasts. Six analysts surveyed by Zacks expected $122.9 million. _____
Yahoo
29-04-2025
- Business
- Yahoo
Flywire Corporation (FLYW): Among the Oversold Tech Stocks to Buy According to Hedge Funds (READY TO EDIT1)
We recently published a list of 11 Oversold Tech Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Flywire Corporation (NASDAQ:FLYW) stands against other oversold tech stocks to buy according to hedge funds. Technology stocks have been among the best performing in the last 15 years. The technology sector has consistently outperformed the broad US market since the aftermath of the 2008 financial crisis, with particularly strong periods being the 2014-2021 and the 2023-2024. Technology stocks tend to perform well during economic expansions and periods of low interest rates, which stimulates the widespread adoption of technological advancements. During such periods, tech companies tend to trade at hyper-expensive valuations, which reflect the strong growth opportunities ahead. Many investors thus believe they become too overvalued, avoid having exposure to them, and consequently miss out on returns. The key point when it comes to technology stocks is that their valuations plummet instantly upon the slightest macroeconomic uncertainty and turmoil, which means that the best moment to acquire technology stocks is when they become oversold, and when fear dominates the market. We believe that we are currently at an opportune time to increase exposure to technology, because it is the most beaten down sector year-to-date. Yardeni Charts show that the S&P Information Technology is currently trading at 24.4 forward P/E, much below the late 2024 peak around 30, marking an almost 20% decline in valuations (for comparison, the broad market's valuation contracted by only 10%). Technology stocks haven't been as cheap since 2023, when the Artificial Intelligence megatrend was just proliferating. Furthermore, the same source showed that the sector has experienced 2 consecutive quarters of negative revisions in earnings expectations, which means that Wall Street analysts have already priced in any short-term headwinds, reducing the chances of further negative surprises in the near future. In other words, the best possible scenario for buying is when both Wall Street and the market are pessimistic, which translates into weak expectations plus cheap valuations, and that's exactly what appears to be happening with the technology sector right now. READ ALSO: 11 Oversold Blue Chip Stocks to Buy According to Hedge Funds To sum up, we concluded that prices for technology stocks are lower now. The only question that remains to be answered is whether the macroeconomic background will be favorable enough to facilitate a new bull run for the tech sector. First, as we already mentioned above, technology stocks thrive under a low interest-rate environment – recent comments by a Federal Reserve official hint towards higher odds that interest rates will be cut as early as June. As a result, yields of short to intermediate-maturity US government bonds fell significantly last week, in anticipation of lower rates. This raises the probability that technological tailwinds will unmute, and businesses will spend more on AI, cloud computing, cybersecurity, and other tech projects that require large cash outlays and are sensitive to financing costs. We are also pleased to find confirmation of our hypothesis from leading consultants such as Deloitte. Here's an excerpt from their recent 2025 technology industry outlook report: 'Despite recent uncertainty and economic turbulence, the technology industry appears poised for growth in 2025, aided by increased IT spending, AI investments, and a renewed focus on innovation. Some analysts project that global IT spending will grow by 9.3% in 2025, with data center and software segments expected to grow at double-digit rates. Worldwide spending on AI is anticipated to grow at a compound annual growth rate of 29% from 2024 to 2028. Although the tech layoff trend persisted in 2024, reductions appeared to slow compared to 2023.' With that being said, the current market setup appears extremely favorable for investing in oversold tech stocks that could recover some or all of the value lost during the recent Trump Tariff Turmoil. With tariff exceptions granted to electronic products, and President Trump hinting towards the possibility that China tariffs will come down from the current unsustainable 145%, the outlook for the technology sector is getting brighter. A digital tablet presenting various payment options alongside an educational lecture on the benefits of diverse capabilities. To compile our list of oversold tech stocks, we used a screener to identify technology sector stocks that have a Relative Strength Index (RSI) below 40. We then compared the list with Insider Monkey's proprietary database of hedge funds' ownership and included in the article the top 11 stocks with the largest number of hedge funds owning the stock, ranked in ascending order. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Flywire Corporation (NASDAQ:FLYW) is a global payments enablement and software company. It offers a proprietary payments platform and a global payment network, facilitating cross-border transactions in over 140 currencies across more than 240 countries. FLYW's core clients are in sectors such as education, healthcare, travel, and B2B. Flywire Corporation (NASDAQ:FLYW) achieved 24% revenue growth in 2024 and improved adjusted EBITDA margins by 540 basis points, despite facing significant headwinds from student visa policy changes. The company added over 800 new clients in 2024, surpassing 2023's additions, bringing their total client base to approximately 4,500 globally. The travel vertical emerged as their second-largest revenue segment, showing particularly strong growth in EMEA and APAC regions. However, the company faced significant challenges in its education business, with double-digit declines in student visa issuance across their big 4 geographic markets, particularly severe impacts in Canada and Australia, where they expect revenue declines of approximately 30% in 2025. In response to these challenges, Flywire Corporation (NASDAQ:FLYW) announced several strategic initiatives, including the acquisition of Sertifi to strengthen its travel vertical, which helps over 20,000 hotel locations globally automate key workflows. The company is also undertaking a comprehensive business portfolio review focusing on core strengths such as complex large value payment processing, global payment network, and verticalized software. Additionally, it announced a restructuring affecting approximately 10% of its workforce as part of its operational efficiency initiatives. Despite these challenges, management remains confident in its ability to adapt, projecting 10% to 14% FX-neutral growth for full year 2025, which makes FLYW one of the best oversold stocks on our list. Overall, FLYW ranks 8th on our list of oversold tech stocks to buy according to hedge funds. While we acknowledge the potential of FLYW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FLYW but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
31-03-2025
- Business
- Associated Press
Cash-Rich Ultra Luxury Travelers Boost Spend, Seek Wellness in 2025, Flywire Survey Reveals
80% of those surveyed are planning to spend more on trips next year; almost half of those who spend $25K per vacation plan to spend much more than before 97% ultra luxury travelers say they are likely to take a trip to reduce stress, reduce anxiety and/or fully unplug in the next year Discerning travelers continue to prioritize simplicity and security for high-value payments BOSTON, March 31, 2025 (GLOBE NEWSWIRE) -- Elite travelers are seeking highly-personalized, exclusive and high-end travel experiences that will enhance their own wellbeing, according to a new report from Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company. And on a quest to feel recharged and enriched, these ultra luxury travelers are prepared to pay what it takes to have unique access to experiences. Among those who spend more than $25,000 per vacation, almost half say they are prepared to spend much more than before for once in a lifetime travel experiences. Flywire's new report, Unlocking ultra luxury travel in 2025, based on a survey of more than 500 ultra luxury travelers from the U.S., details the preferences of this elite class of travelers and the implications for the travel providers who cater to this market. Exploring topics from accommodation preferences and high-end advisors to payment security and choice, the findings suggest that to meet travelers' demands, providers will need to offer seamless customer experiences and exclusive experiences that are personalized, high-touch and frictionless from start to finish. 'Our research shows us that ultra luxury travelers are as motivated by the ability to unplug from the world in their travels as they are to have once-in-a-lifetime experiences. More so, many of them are planning to spend more in pursuit of these experiences than before, reflecting luxury travel's resilience and expanding global appeal,' said Colin Smyth, SVP and GM of Travel at Flywire. Ultra luxury travelers value tailor made experiences and highly personalized service interaction, relying on advisors for true luxury experience Luxury travel is about more than just exclusive accommodations, according to 92% of respondents it's more the access to people, places and experiences that represent all that is authentic about a destination. Moreover, half of respondents said that, for them, luxury travel is defined by once in a lifetime and personalized experiences. Key to curating these experiences, according to 96% of ultra luxury travelers, are travel agents or advisors. In fact, nearly 9 in 10 working with travel experts believe it is the only way to have a truly luxury travel experience. Among the reasons respondents gave for using a travel agent/advisor is their expert advice on destinations, activities or operators, and the deep understanding of personal travel preferences travel agents have. Wellness, 'Joy of Missing Out' and the ability to unplug are important to ultra luxury travel Ultra luxury travelers are prioritizing their mental and physical wellbeing through travel. Nearly all respondents say they are likely to take a trip to reduce stress, reduce anxiety and/or fully unplug in the next year, and 9 in 10 said they are interested in taking a wellness vacation, including self-discovery, spa and nature-based retreats. Ultra luxury travelers are also embracing slow travel, to really immerse themselves in the experience of their vacation. 93% say they have taken at least one slow travel trip in the past year, and 95% say they are likely to take the same number or more slow travel trips in the coming year. Furthermore, they are focused on doing the things that are important to them, with 84% saying vacations are all about JOMO or the Joy of Missing Out, rather than worrying about what others might be doing. Payment experience is loyalty driver, simplicity and security are top concerns Almost all luxury travelers who responded (95%) say that how easy it is for them to pay for all parts of their trip is important to them. Critically, around 9 in 10 say they expect a positive payment experience, and, when booking travel, almost all say they choose who they work with based on a positive payment experience. Additionally, travelers look to avoid certain pain points when paying for their experiences, such as unexpected fees and exchange rates (34%), the inability to pay in their local currency (24%) or to use their preferred credit card (23%). And security remains top of mind, with 72% of those surveyed concerned about the security of their payments. To experience the full report with additional data points and key takeaways, please visit here. About Flywire Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges. Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit Follow Flywire on X, LinkedIn and Facebook. Forward-Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire's expectations regarding the benefits of its travel clients and business, Flywire's business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, 'believe,' 'may,' 'will,' 'potentially,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'could,' 'would,' 'project,' 'target,' 'plan,' 'expect,' or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at . The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Sarah King Investor Relations: Masha Kahn
