With the business potentially at an important milestone, we thought we'd take a closer look at Flywire Corporation's (NASDAQ:FLYW) future prospects. Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. The US$2.3b market-cap company posted a loss in its most recent financial year of US$8.6m and a latest trailing-twelve-month loss of US$11m leading to an even wider gap between loss and breakeven. As path to profitability is the topic on Flywire's investors mind, we've decided to gauge market sentiment. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.

Check out our latest analysis for Flywire

According to the 18 industry analysts covering Flywire, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$3.1m in 2024. Therefore, the company is expected to breakeven roughly a year from now or less! We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. It turns out an average annual growth rate of 97% is expected, which signals high confidence from analysts. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.

Given this is a high-level overview, we won’t go into details of Flywire's upcoming projects, but, keep in mind that typically a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.

Before we wrap up, there’s one aspect worth mentioning. Flywire currently has no debt on its balance sheet, which is quite unusual for a cash-burning growth company, which usually has a high level of debt relative to its equity. The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment.

Next Steps:

There are too many aspects of Flywire to cover in one brief article, but the key fundamentals for the company can all be found in one place – Flywire's company page on Simply Wall St. We've also compiled a list of pertinent aspects you should further research:

1. Valuation: What is Flywire worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Flywire is currently mispriced by the market.

2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Flywire’s board and the CEO’s background.

3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.