Company: FLYW
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027078
Chunk: 107

Company: Flywire Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1A
Chunk 107
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Investing in our common stock involves a high degree of risk. Before deciding whether to invest in shares of our common stock, you should consider carefully the risks and uncertainties described below, together with all of the other information in this Annual Report on Form 10-K, including “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and the accompanying notes included elsewhere in this Annual Report on Form 10-K. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of or that we deem immaterial may also become important factors that adversely affect our business. If any of the following risks actually occur, our business, financial condition, liquidity, operating results, and prospects could be materially and adversely affected. In that event, the market price of our common stock could decline, and you could lose part or all of your investment. See “Special Note Regarding Forward-Looking Statements.” 

Risk Factors Summary 

The summary of risks below is intended to provide an overview of the risks we face and should not be considered a substitute for the more fulsome risk factors discussed immediately following this summary. 

Risks Related to Our Business and Industry 

•We have a history of operating losses and may not achieve or sustain profitability in the future. 

•We have a short operating history at our current scale in a rapidly evolving industry. 

•We may experience quarterly fluctuations in operating results.

•We may be unable to retain our current clients, attract new clients, and increase the number of our clients’ customers that use our solutions or sell additional functionality to our clients. 

•Our operational and business portfolio reviews may not result in improvements to our financial performance, strategy, or operations.

•We may be unable to expand our direct and channel sales capabilities, grow our marketing reach and increase sales productivity.

•We expect our revenue mix to vary over time, which could affect our gross profit, gross margin and results of operations. 

•Our business could be adversely affected if our clients and their customers are not satisfied with the timing or quality of implementation services provided by us or our partners, or our ability to meet service levels to allow for timely payment processing due to system downtime or other factors.

•Our financial and operating results are subject to seasonality and cyclicality. 

•We are exposed to fluctuations in foreign currency exchange rates that could materially and adversely affect our cash flows and results of operations. 

•Certain of our key performance indicators are subject to inherent challenges in measurement. 

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