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Remitly Global Inc

Technology US RELY

17.08USD
0.16(0.95%)

Last update at 2026-03-10T20:00:00Z

Day Range

16.3917.14
LowHigh

52 Week Range

13.1527.95
LowHigh

Fundamentals

  • Previous Close 16.92
  • Market Cap2594.64M
  • Volume3120378
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-95.47300M
  • Revenue TTM1009.54M
  • Revenue Per Share TTM5.47
  • Gross Profit TTM 326.63M
  • Diluted EPS TTM-0.59

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -111.93800M -112.97600M -37.71300M -31.40100M -51.13300M
Minority interest - - - - -
Net income -117.84000M -114.01900M -38.75600M -32.56400M -51.39200M
Selling general administrative 179.37M 131.25M 70.94M 31.66M 25.66M
Selling and marketing expenses 234.42M 170.97M 120.91M 73.80M 43.54M
Gross profit 532.65M 326.63M 221.47M 121.11M 53.26M
Reconciled depreciation 13.12M 6.72M 5.26M 4.06M 2.66M
Ebit -109.58600M -121.03600M -39.72200M -29.18300M -50.60200M
Ebitda -96.46800M -104.95000M -31.20100M -26.15200M -46.86700M
Depreciation and amortization 13.12M 16.09M 8.52M 3.03M 3.73M
Non operating income net other - - - - -
Operating income -114.19500M -121.03600M -39.72200M -29.18300M -50.60200M
Other operating expenses 1058.48M 774.60M 498.33M 286.14M 177.17M
Interest expense 2.35M 1.30M 1.26M 1.19M 1.61M
Tax provision 5.90M 1.04M 1.04M 1.16M 0.26M
Interest income 7.45M 4.15M 0.14M 0.27M 1.11M
Net interest income 5.09M 2.85M -1.11600M -0.91600M -0.49700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 5.90M 1.04M 1.04M 1.16M 0.26M
Total revenue 944.28M 653.56M 458.61M 256.96M 126.57M
Total operating expenses 646.85M 447.66M 261.20M 150.30M 103.87M
Cost of revenue 411.63M 326.93M 237.13M 135.84M 73.30M
Total other income expense net -2.83800M 8.06M 2.01M -2.21800M -0.53100M
Discontinued operations - - - - -
Net income from continuing ops -117.84000M -114.01900M -38.75600M -32.56400M -51.39200M
Net income applicable to common shares - -114.01900M -38.75600M -32.56400M -63.52600M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1036.31M 695.95M 625.66M 362.99M 266.06M
Intangible assets 16.64M - - - -
Earning assets - - - - -
Other current assets 1.32M 19.33M 17.45M 6.35M 4.82M
Total liab 506.97M 215.87M 145.34M 186.61M 149.98M
Total stockholder equity 529.34M 480.09M 480.33M 176.38M 116.08M
Deferred long term liab - 1.20M 0.50M - -
Other current liab 249.41M 198.83M 70.48M 71.52M 83.29M
Common stock 0.02M 0.02M 0.02M 0.00200M 0.00200M
Capital stock 0.02M 0.02M 0.02M 387.71M 302.88M
Retained earnings -491.30300M -373.46300M -259.44400M -220.68800M -188.12400M
Other liab - 1.05M 0.81M 0.83M 0.01M
Good will 54.94M - - - -
Other assets - 6.31M 3.56M 2.38M 1.72M
Cash 323.71M 300.63M 403.26M 186.69M 182.35M
Cash and equivalents - - - - -
Total current liabilities 366.84M 209.14M 141.62M 181.78M 144.57M
Current deferred revenue 73.86M - 66.68M 23.04M 13.46M
Net debt -180.72000M -291.44000M -397.11500M -99.72700M -129.33900M
Short term debt 8.51M 3.52M 3.24M 82.96M 47.62M
Short long term debt 2.48M - - 80.00M 45.00M
Short long term debt total 142.99M 9.20M 6.15M 86.97M 53.02M
Other stockholder equity 1020.29M 854.28M 113.84M 8.77M 1.29M
Property plant equipment - 20.22M 14.55M 15.28M 15.81M
Total current assets 932.12M 669.42M 607.55M 345.33M 248.53M
Long term investments - - - - -
Net tangible assets - 480.09M 480.33M -211.32900M -186.79600M
Short term investments - 191.40M 67.22M - -
Net receivables 399.35M 191.40M 67.22M 50.73M 29.52M
Long term debt 130.00M - - - -
Inventory 207.74M 158.06M 119.63M 101.56M 31.84M
Accounts payable 35.05M 6.79M 1.21M 4.26M 0.20M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.34M -0.74300M 0.25M 0.59M 0.03M
Additional paid in capital - - - - -
Common stock total equity - - - 0.00200M 0.00200M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 7.07M 6.31M 3.56M 2.38M 1.72M
Deferred long term asset charges - - - - -
Non current assets total 104.19M 26.53M 18.11M 17.66M 17.53M
Capital lease obligations 10.51M 9.20M 6.15M 6.97M 8.02M
Long term debt total - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -49.74300M -7.30900M -4.53400M -4.37000M -7.20900M
Change to liabilities - 48.51M 13.06M -25.02900M 52.69M
Total cashflows from investing activities - -7.30900M -4.53400M -4.37000M -7.20900M
Net borrowings - -0.38400M -80.00000M 35.00M 6.23M
Total cash from financing activities 126.65M 11.07M 238.20M 122.22M 117.02M
Change to operating activities - -17.03800M -5.07200M -45.91400M 18.20M
Net income -117.84000M -114.01900M -38.75600M -32.56400M -51.39200M
Change in cash 24.30M -102.57900M 215.24M 4.55M 118.57M
Begin period cash flow 300.73M 403.31M 188.07M 183.52M 64.95M
End period cash flow 325.03M 300.73M 403.31M 188.07M 183.52M
Total cash from operating activities -53.59000M -105.14000M -18.39100M -114.20900M 8.44M
Issuance of capital stock 0.00000M -1.90300M 308.17M 84.83M 129.77M
Depreciation 13.12M 6.72M 5.26M 4.06M 2.66M
Other cashflows from investing activities - - - - -
Dividends paid - 0.10M - - 130.80M
Change to inventory 92.27M - -5.07200M -45.91400M 18.20M
Change to account receivables -183.42200M -126.94200M -17.28200M -20.02800M -17.41000M
Sale purchase of stock -6.70200M -0.09900M 0.00000M 0.00000M -20.01500M
Other cashflows from financing activities 771.59M 0.10M 13.01M 70.00M 139.80M
Change to netincome - 97.62M 24.40M 5.27M 3.69M
Capital expenditures 9.10M 7.06M 4.53M 4.37M 7.21M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -91.14800M -95.46600M -9.29200M -90.97100M 53.48M
Stock based compensation 136.97M 95.29M 17.02M 5.26M 3.65M
Other non cash items 32.87M 2.33M 7.38M 0.00200M 0.04M
Free cash flow -62.69400M -112.20100M -22.92500M -118.57900M 1.23M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
RELY
Remitly Global Inc
0.16 0.95% 17.08 - - 3.63 6.48 3.44 -33.6946
MSFT
Microsoft Corporation
-3.65 0.89% 405.76 37.32 29.94 13.03 12.45 13.06 24.59
ORCL
Oracle Corporation
-2.16 1.43% 149.40 29.34 18.66 5.55 74.06 7.10 18.13
ADBE
Adobe Systems Incorporated
-7.31 2.59% 275.13 46.32 26.81 11.51 16.73 11.55 31.20
PANW
Palo Alto Networks Inc
0.48 0.29% 165.58 44.57 45.05 11.98 20.70 11.82 77.11

Reports Covered

Stock Research & News

Profile

Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.

Remitly Global Inc

111 Third Avenue, Seattle, WA, United States, 98101

Key Executives

Name Title Year Born
Mr. Matthew B. Oppenheimer Co-Founder, CEO, Pres & Director 1984
Mr. Joshua Hug Co-Founder, COO & Director 1980
Mr. Hemanth Munipalli Chief Financial Officer NA
Mr. Ankur Sinha Chief Technology Officer NA
Mr. Stephen M. Shulstein VP of Investor Relations NA
Ms. Saema Somalya Exec. VP of Legal & Risk and Sec. 1977
Ms. Rina Hahn Chief Marketing Officer NA
Dr. Robert Kaskel Chief People Officer 1974
Ms. Vanessa Bicomong Marketing Head for The Philippines Region NA
Mr. Karim Meghji Exec. Advisor 1969

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