Flywire Corporation shares have jumped more than 32% year to date, outperforming peers and the broader market, but Zacks Investment Research advises holding the stock after the rally. The company reported first-quarter revenue of $188.1 million, up 41% year over year, with adjusted EBITDA rising 81.8% to $39.3 million and the adjusted EBITDA margin reaching 21.4%. Flywire's platform supports payments from more than 240 countries and territories, and its enterprise revenue churn in education and travel is below 1%, reflecting a sticky customer base. However, the stock trades at 2.90 times forward 12-month sales per share, a premium to Shift4 Payments at 1.48 times and DLocal at 2.55 times, while adjusted gross margin fell to 60.1% from 64.1%. Zacks maintains a Hold rating, suggesting existing shareholders watch execution and new investors wait for a better entry point.
Flywire CorpStock surged 32.6% YTD but Zacks rates Hold due to valuation premium; revenue and EBITDA growth positive but margin contraction noted.
Dlocal Ltd
Shift4 Payments Inc