FLYWIRE CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $13.5M | $2.9M | $-8.6M | $-39.3M | $-28.1M | $-11.1M | $-20.1M |
| Depreciation & Amortization | $26.1M | $17.4M | $15.8M | $12.3M | $9.0M | $6.8M | $3.7M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $20.1M | $12.3M | $11.5M | $9.1M | $6.7M | $4.9M | $2.5M |
| Stock-Based Compensation | $71.8M | $64.9M | $43.7M | $30.3M | $18.9M | $3.8M | $2.9M |
| Net Cash from Operating Activities | $100.2M | $98.7M | $76.3M | $5.4M | $17.1M | $-14.2M | $4.1M |
| Investing Activities | |||||||
| Capital Expenditures | $1.4M | $924.0K | $1.0M | $1.4M | $1.0M | $2.1M | $3.7M |
| Business Acquisitions | $324.9M | $45.2M | $32.8M | $17.1M | $56.1M | $79.4M | $0 |
| Net Cash from Investing Activities | $-194.2M | $-214.0M | $-38.8M | $-24.7M | $-62.9M | $-81.5M | $-3.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | $0 | $0 | $295.0K |
| Net Cash from Financing Activities | $-78.4M | $-37.6M | $263.4M | $-24.0M | $327.5M | $119.0M | $-3.9M |
| Net Change in Cash | $-164.9M | $-159.4M | $303.4M | $-38.2M | $280.3M | $23.0M | $-3.6M |
| Free Cash Flow | $98.8M | $97.7M | $75.3M | $4.1M | $16.1M | $-16.4M | $325.0K |