Flywire
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Flywire's balance sheet done over the years? Its assets were worth $1,079,731,000 last year, which is more than in the previous period. 27% of Flywire’s total assets is currently financed by debt. Its liabilities reached the amount of $293,614,000, which means an increase by 53% compared compared to last year.
Debt to Assets
| 2019 | 140998000 | 216.27M | 153.39% |
|---|---|---|---|
| 2020 | 271442000 | 353.20M | 130.12% |
| 2021 | 639675000 | 157.34M | 24.6% |
| 2022 | 674287000 | 192.38M | 28.53% |
| 2023 | 1079731000 | 293.61M | 27.19% |
FLYW Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 654.60M | 349.17M | 385.36M | 104.05M | 86.02M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 142.84M | 81.93M | 44.59M | 35.75M | 19.44M |
Inventory | 0 | 2M | 4M | 5M | 1 |
Other current assets | 18.22M | 17.53M | 9.83M | 3.75M | 2.70M |
Total current assets | 815.68M | 450.64M | 443.78M | 148.55M | 108.17M |
Non-current assets: | |||||
Property, Plant and Equipment | 18.55M | 13.31M | 9.44M | 5.10M | 4.85M |
Goodwill | 121.64M | 97.76M | 86.04M | 44.65M | 12.92M |
Intangible assets | 108.17M | 97.61M | 93.39M | 68.21M | 14.29M |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 15.66M | 14.94M | 7.00M | 4.92M | 749K |
Total non-current assets | 264.04M | 223.64M | 195.88M | 122.88M | 32.82M |
Total assets | 1.07B | 674.28M | 639.67M | 271.44M | 140.99M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 6.96M | 5.22M | 5.48M | 1.22M | 1.32M |
Short term debt | 7.52M | 1.80M | 94.47M | 74.97M | 3.89M |
Total current liabilities | 273.79M | 177.27M | 117.93M | 88.38M | 82.77M |
| Non-current liabilities: | |||||
Long term debt | 0 | 1.34M | 25.93M | 24.35M | 20.73M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 4.43M | 2.95M | 5.24M | 7.88M | 759K |
Total non-current liabilities | 19.82M | 15.10M | 39.41M | 264.82M | 133.5M |
Total liabilities | 293.61M | 192.38M | 157.34M | 353.20M | 216.27M |
| Data source | Data source | Data source |