Flywire vs International Money Express
Flywire and International Money Express are similar in size: $623m and $608m of revenue in their latest fiscal years. Flywire grew faster (26.6% against -7.7%). International Money Express kept more of each dollar of sales as profit: a net margin of 5.4% against 2.2%. Flywire carries less debt relative to equity (1.8% against 121.0%).
| Latest fiscal year | FlywireFLYW, 2025 | International Money ExpressIMXI, 2025 |
|---|---|---|
| Revenue | $623m | $608m |
| Revenue growth | 26.6% | -7.7% |
| Net income | $13.5m | $32.7m |
| Operating margin | 1.8% | 9.2% |
| Net margin | 2.2% | 5.4% |
| Return on equity | 1.6% | 22.1% |
| Free cash flow | $98.8m | $15.8m |
| Cash | $330m | $169m |
| Total debt | $15.0m | $195m |
| Debt to equity | 1.8% | 121.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $16.3m |
| Employees | — | — |
| Market value | $2.33bn | $255m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 37 (Weak) | 68 (Moderate) |
| Insider trades, 12 months | 3 buys, 53 sales | 0 buys, 0 sales |