14 Best Growth Stocks Under $10 to Buy Right Now

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11. Flywire Corporation (NASDAQ:FLYW)

Stock price as of May 2nd: $9.57

Revenue CAGR last 5 years: 39.35%

Number of Hedge Fund Holders: 34

Flywire Corporation (NASDAQ:FLYW) is a global payments enablement and software company. It offers a proprietary payments platform and a global payment network, facilitating cross-border transactions in over 140 currencies across more than 240 countries. FLYW’s core clients are in sectors such as education, healthcare, travel, and B2B.

Flywire Corporation (NASDAQ:FLYW) achieved 24% revenue growth, with fewer ancillary services in 2024 and improved adjusted EBITDA margins by 540 basis points, despite significant macro headwinds from student visa policy changes. The company added over 800 new clients in 2024, surpassing 2023 additions, and now serves approximately 4,500 clients globally. The travel vertical emerged as FLYW’s second-largest revenue segment, showing particularly strong growth in EMEA and APAC regions. The company also announced the acquisition of Sertifi, which provides access to over 20,000 hotel locations globally and presents opportunities to monetize several billion dollars in payment volume.

Looking ahead, Flywire Corporation (NASDAQ:FLYW) faces significant challenges in its education business, with double-digit declines in student visa issuance across its big 4 geographic markets. In response, the company is undertaking a comprehensive business portfolio review focusing on core strengths and implementing a restructuring, affecting approximately 10% of its workforce. For 2025, the company is guiding to 10% to 14% FX-neutral growth excluding Sertifi, with approximately 3 points of headwind from FX throughout the year. Management expects Canada and Australia education markets to be down over 30% YoY, while maintaining strong growth expectations in EMEA education, travel, and B2B segments. We believe the strong guidance ahead and the strategic initiatives to mitigate recent challenges make FLYW one of the best growth stocks under $10 to buy right now.

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