Company: FLYW
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027078
Chunk: 110

Company: Flywire Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1A
Chunk 110
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 as bank transfers. Due to the cross-border nature of much of our business, fluctuations in foreign currency exchange rates, slowdowns in international mobility and other regional considerations may affect our operating results. We will also face increased compliance and security costs associated with growth, the expansion of our client base, and being a public company. Our efforts to grow our business may be costlier than we expect, and we may not be able to increase our revenue enough to offset our increased operating expenses. We may incur significant losses in the future for several reasons, including the other risks described herein, and unforeseen expenses, difficulties, complications, delays, and other unknown events. If we are unable to achieve and sustain profitability, the value of our business and common stock may significantly decrease. 

If the assumptions we use to plan our business are incorrect or change in reaction to changes in our markets, or if we are unable to maintain consistent revenue or revenue growth, it may be difficult to achieve and maintain profitability. Our financial results from any prior quarterly or annual periods should not be relied upon as an indication of our future revenue or growth in revenue, gross profit or volume of payments processed. 

In addition, we expect to continue to expend substantial management time, financial and other resources on: 

•sales, marketing, relationship management and client support, including an expansion of our sales organization, and new client support and payer retention initiatives; 

•our technology infrastructure, including systems architecture, scalability, availability, performance, and security; 

•our technology development, including investments in our technology development team and the development of new solutions and new functionality; 

•expanding into more international markets; 

•retaining existing clients, attracting new clients and increasing the number of our clients’ customers that use our solutions; 

•acquisitions or strategic investments; 

•regulatory compliance and risk management; and 

•general administration, including increased insurance, legal and accounting expenses associated with being a public company. 

These investments may not result in increased revenue growth in our business. If we are unable to increase our revenue at a rate sufficient to offset the expected increase in our costs, our business, financial position and operating results will be harmed, and we may not be able to achieve or maintain profitability over the long term. 

We have a short operating history at our current scale in a rapidly and significantly evolving industry and, as a result, our past results may not be indicative of future operating performance. 

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We have a short history operating at our current scale in a rapidly and significantly