Remitly Global (RELY) Financials

$22.19 -0.14 (-0.63%)

Closing price 04:00 PM Eastern

Extended Trading

$22.58 +0.38 (+1.74%)

As of 07:03 PM Eastern

Annual Income Statements for Remitly Global

This table shows Remitly Global's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-37	-118	-114	-39	-33	-64
Consolidated Net Income / (Loss)	-37	-118	-114	-39	-33	-51
Net Income / (Loss) Continuing Operations	-37	-118	-114	-39	-33	-51
Total Pre-Tax Income	-30	-112	-113	-38	-31	-51
Total Operating Income	-39	-114	-121	-40	-29	-51
Total Gross Profit	748	533	327	221	121	53
Total Revenue	1,264	944	654	459	257	127
Operating Revenue	1,264	944	654	459	257	127
Total Cost of Revenue	516	412	327	237	136	73
Operating Cost of Revenue	516	412	327	237	136	73
Total Operating Expenses	788	647	448	261	150	104
Selling, General & Admin Expense	196	179	131	71	32	26
Marketing Expense	304	234	171	121	74	44
Research & Development Expense	270	220	139	64	41	32
Depreciation Expense	18	13	6.72	5.26	4.06	2.66
Total Other Income / (Expense), net	8.84	2.26	8.06	2.01	-2.22	-0.53
Interest Expense	3.24	2.35	1.30	1.26	1.19	1.61
Interest & Investment Income	8.08	7.45	4.15	0.14	0.27	1.11
Other Income / (Expense), net	4.00	-2.84	5.21	3.13	-1.30	-0.03
Income Tax Expense	6.73	5.90	1.04	1.04	1.16	0.26
Basic Earnings per Share	($0.19)	($0.65)	($0.68)	($0.64)	($1.52)	($2.98)
Weighted Average Basic Shares Outstanding	194.65M	180.82M	167.77M	60.73M	21.46M	21.29M
Diluted Earnings per Share	($0.19)	($0.65)	($0.68)	($0.64)	($1.52)	($2.98)
Weighted Average Diluted Shares Outstanding	194.65M	180.82M	167.77M	60.73M	21.46M	21.29M
Weighted Average Basic & Diluted Shares Outstanding	200.61M	188.51M	174.19M	166.08M	-	-

This table shows Remitly Global's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	11	-5.72	1.92	-12	-21	-35	-36	-19	-28	-19	-33
Consolidated Net Income / (Loss)	11	-5.72	1.92	-12	-21	-35	-36	-19	-28	-19	-33
Net Income / (Loss) Continuing Operations	11	-5.72	1.92	-12	-21	-35	-36	-19	-28	-19	-33
Total Pre-Tax Income	15	-5.14	3.77	-8.80	-20	-30	-35	-19	-28	-20	-33
Total Operating Income	12	-3.74	0.37	-16	-20	-31	-37	-18	-28	-23	-36
Total Gross Profit	218	211	199	179	159	156	135	132	110	100	81
Total Revenue	362	352	337	306	269	265	242	234	204	191	169
Operating Revenue	362	352	337	306	269	265	242	234	204	191	169
Total Cost of Revenue	144	140	137	128	110	109	107	102	94	91	88
Operating Cost of Revenue	144	140	137	128	110	109	107	102	94	91	88
Total Operating Expenses	205	215	199	194	179	187	172	151	138	123	117
Selling, General & Admin Expense	53	55	51	46	44	49	50	39	41	35	36
Marketing Expense	73	84	75	77	68	75	61	54	44	43	43
Research & Development Expense	74	71	68	68	63	59	57	54	49	43	36
Depreciation Expense	5.40	5.81	4.66	3.91	3.68	3.48	3.42	3.19	3.03	1.85	1.84
Total Other Income / (Expense), net	2.71	-1.40	3.40	6.96	-0.13	1.40	1.51	-0.77	0.12	3.04	2.84
Interest Expense	1.30	0.97	0.76	0.75	0.77	0.79	0.59	0.59	0.39	0.33	0.33
Interest & Investment Income	1.79	1.84	2.07	1.94	2.23	2.25	1.81	1.37	2.02	2.27	1.40
Other Income / (Expense), net	2.22	-2.27	2.09	5.76	-1.59	-0.06	0.28	-1.55	-1.51	1.09	1.77
Income Tax Expense	3.59	0.59	1.85	3.29	1.00	5.42	0.26	-0.14	0.37	-0.43	0.29
Basic Earnings per Share	$0.06	($0.03)	$0.01	($0.06)	($0.11)	($0.18)	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)
Weighted Average Basic Shares Outstanding	201.74M	194.65M	196.17M	193.45M	189.85M	180.82M	182.60M	179.08M	175.11M	167.77M	168.60M
Diluted Earnings per Share	$0.05	($0.03)	$0.01	($0.06)	($0.11)	($0.18)	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)
Weighted Average Diluted Shares Outstanding	218.41M	194.65M	205.25M	193.45M	189.85M	180.82M	182.60M	179.08M	175.11M	167.77M	168.60M
Weighted Average Basic & Diluted Shares Outstanding	203.86M	200.61M	198.06M	195.14M	192.48M	188.51M	185.16M	181.20M	177.95M	174.19M	170.66M

This table details how cash moves in and out of Remitly Global's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	45	24	-103	215	4.56	119
Net Cash From Operating Activities	194	-54	-109	-18	-114	8.44
Net Cash From Continuing Operating Activities	194	-54	-109	-18	-114	8.44
Net Income / (Loss) Continuing Operations	-37	-118	-114	-39	-33	-51
Consolidated Net Income / (Loss)	-37	-118	-114	-39	-33	-51
Depreciation Expense	18	13	6.72	5.26	4.06	2.66
Non-Cash Adjustments To Reconcile Net Income	248	-72	-68	-11	-85	3.18
Changes in Operating Assets and Liabilities, net	-35	124	67	27	-1.05	54
Net Cash From Investing Activities	-18	-50	-7.31	-4.53	-4.37	-7.21
Net Cash From Continuing Investing Activities	-18	-50	-7.31	-4.53	-4.37	-7.21
Purchase of Property, Plant & Equipment	-18	-9.10	-7.06	-4.53	-4.37	-7.21
Acquisitions	0.00	-41	-0.25	0.00	0.00	-
Net Cash From Financing Activities	-127	127	15	238	122	117
Net Cash From Continuing Financing Activities	-127	127	15	238	122	117
Repayment of Debt	-1,583	-651	-0.38	-81	35	6.23
Issuance of Debt	1,453	764	0.00	3.06	0.00	0.00
Issuance of Common Equity	9.38	6.13	3.52	305	0.00	0.00
Other Financing Activities, net	-6.82	7.59	11	8.35	2.38	1.03
Effect of Exchange Rate Changes	-4.56	1.27	-1.20	-0.04	0.92	0.33

This table details how cash moves in and out of Remitly Global's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	126	43	138	-100	-36	101	-4.20	-16	-56	-76	-53
Net Cash From Operating Activities	133	56	147	49	-57	-28	29	-52	-2.30	-81	-54
Net Cash From Continuing Operating Activities	133	56	147	49	-57	-28	29	-52	-2.30	-81	-54
Net Income / (Loss) Continuing Operations	11	-5.72	1.92	-12	-21	-35	-36	-19	-28	-19	-33
Consolidated Net Income / (Loss)	11	-5.72	1.92	-12	-21	-35	-36	-19	-28	-19	-33
Depreciation Expense	5.40	5.81	4.66	3.91	3.68	3.48	3.42	3.19	3.03	1.85	1.84
Non-Cash Adjustments To Reconcile Net Income	98	59	156	66	-31	-66	-10	-53	57	-52	10
Changes in Operating Assets and Liabilities, net	18	-3.10	-15	-8.45	-7.91	69	72	17	-34	-11	-33
Net Cash From Investing Activities	-17	-5.22	-3.91	-4.26	-4.31	-2.59	-2.61	-1.75	-43	-2.29	-1.84
Net Cash From Continuing Investing Activities	-17	-5.22	-3.91	-4.26	-4.31	-2.59	-2.61	-1.75	-43	-2.29	-1.84
Purchase of Property, Plant & Equipment	-17	-5.22	-3.91	-4.26	-4.31	-2.59	-2.61	-1.75	-2.16	-2.42	-1.46
Net Cash From Financing Activities	7.07	1.46	-10	-145	26	130	-29	37	-11	6.40	3.75
Net Cash From Continuing Financing Activities	7.07	1.46	-10	-145	26	130	-29	37	-11	6.40	3.75
Repayment of Debt	-1,059	-590	-308	-430	-255	-210	-124	-225	-92	-0.38	-
Issuance of Debt	1,059	590	293	295	275	340	90	259	75	-	-
Issuance of Common Equity	5.77	-	4.38	-	5.00	0.09	3.32	-	2.73	-	-
Other Financing Activities, net	1.30	1.46	0.35	-9.75	1.12	0.04	1.33	2.79	3.43	3.27	3.75
Effect of Exchange Rate Changes	2.73	-8.50	5.17	-0.13	-1.10	1.87	-1.26	0.44	0.22	0.97	-1.33

This table presents Remitly Global's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	1,013	1,036	696	626	363
Total Current Assets	898	932	669	608	345
Cash & Equivalents	368	324	301	403	187
Prepaid Expenses	47	33	19	17	6.35
Other Current Assets	483	575	349	187	152
Plant, Property, & Equipment, net	32	16	12	9.25	9.68
Total Noncurrent Assets	84	88	15	8.86	7.98
Goodwill	55	55	0.00	-	-
Intangible Assets	10	17	0.00	-	-
Other Noncurrent Operating Assets	18	17	15	8.86	7.98
Total Liabilities & Shareholders' Equity	1,013	1,036	696	626	363
Total Liabilities	347	507	216	145	187
Total Current Liabilities	329	367	209	142	182
Short-Term Debt	2.47	2.48	0.00	-	80
Accounts Payable	16	35	6.79	1.21	4.26
Accrued Expenses	117	146	88	67	40
Other Current Liabilities	194	184	115	74	58
Total Noncurrent Liabilities	18	140	6.72	3.72	4.84
Long-Term Debt	0.00	130	0.00	-	-
Other Noncurrent Operating Liabilities	18	10	6.72	3.72	4.84
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	665	529	480	480	-211
Total Preferred & Common Equity	665	529	480	480	-211
Total Common Equity	665	529	480	480	-211
Common Stock	1,195	1,020	854	740	8.77
Retained Earnings	-528	-491	-373	-259	-221
Accumulated Other Comprehensive Income / (Loss)	-1.66	0.34	-0.74	0.25	0.59

This table presents Remitly Global's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,101	970	950	1,079	833	785	715	690
Total Current Assets	979	861	841	972	729	679	607	666
Cash & Equivalents	494	324	185	286	223	228	244	376
Prepaid Expenses	54	41	43	45	30	31	31	20
Other Current Assets	431	496	613	641	476	421	331	270
Plant, Property, & Equipment, net	41	24	22	19	15	13	13	10
Total Noncurrent Assets	80	85	87	88	89	92	96	14
Goodwill	55	55	55	55	55	55	55	-
Intangible Assets	8.38	13	14	15	18	19	20	-
Other Noncurrent Operating Assets	17	17	18	17	16	18	20	14
Total Liabilities & Shareholders' Equity	1,101	970	950	1,079	833	785	715	690
Total Liabilities	377	340	371	530	307	269	220	224
Total Current Liabilities	352	324	342	368	300	227	197	216
Short-Term Debt	2.42	2.43	2.39	2.45	2.35	2.43	2.49	-
Accounts Payable	39	17	21	12	18	18	2.91	8.18
Accrued Expenses	115	105	145	155	132	99	79	100
Other Current Liabilities	196	200	173	198	149	108	113	108
Total Noncurrent Liabilities	25	16	29	162	6.56	42	22	8.07
Other Noncurrent Operating Liabilities	25	16	14	12	6.56	8.13	22	8.07
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	723	631	579	549	526	516	495	466
Total Preferred & Common Equity	723	631	579	549	526	516	495	466
Total Common Equity	723	631	579	549	526	516	495	466
Common Stock	1,240	1,151	1,104	1,062	983	937	898	823
Retained Earnings	-517	-523	-524	-512	-456	-421	-402	-354
Accumulated Other Comprehensive Income / (Loss)	0.08	1.88	-0.40	-0.31	-1.14	-0.15	-0.40	-2.39

This table displays calculated financial ratios and metrics derived from Remitly Global's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	33.85%	44.48%	42.51%	78.48%	103.02%	0.00%
EBITDA Growth	83.61%	4.75%	-248.10%	-18.60%	44.92%	0.00%
EBIT Growth	70.02%	-1.04%	-216.48%	-20.05%	39.80%	0.00%
NOPAT Growth	65.77%	5.65%	-204.71%	-36.11%	42.33%	0.00%
Net Income Growth	68.62%	-3.35%	-194.20%	-19.01%	36.64%	0.00%
EPS Growth	70.77%	4.41%	-6.25%	57.89%	48.99%	0.00%
Operating Cash Flow Growth	462.91%	50.68%	-490.81%	83.90%	-1,453.99%	0.00%
Free Cash Flow Firm Growth	104.57%	-27.51%	-431.76%	60.95%	0.00%	0.00%
Invested Capital Growth	-11.32%	88.41%	132.86%	10.59%	0.00%	0.00%
Revenue Q/Q Growth	7.40%	8.47%	9.33%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	61.65%	-7.96%	-4.63%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	41.66%	-8.62%	-4.81%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	41.09%	-7.67%	-5.52%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	44.21%	-15.29%	-2.54%	0.00%	0.00%	0.00%
EPS Q/Q Growth	44.12%	-12.07%	-70.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	76.12%	49.46%	-65.62%	22.10%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	121.64%	17.46%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-2.91%	10.90%	99.31%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	59.21%	56.41%	49.98%	48.29%	47.13%	42.08%
EBITDA Margin	-1.35%	-11.00%	-16.69%	-6.83%	-10.28%	-37.91%
Operating Margin	-3.09%	-12.09%	-18.52%	-8.66%	-11.36%	-39.98%
EBIT Margin	-2.78%	-12.39%	-17.72%	-7.98%	-11.86%	-40.01%
Profit (Net Income) Margin	-2.93%	-12.48%	-17.45%	-8.45%	-12.67%	-40.60%
Tax Burden Percent	122.24%	105.27%	100.92%	102.77%	103.70%	100.51%
Interest Burden Percent	86.22%	95.65%	97.54%	103.05%	103.00%	100.98%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-8.58%	-30.89%	-66.06%	-37.89%	-58.63%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.12%	-15.48%	-57.73%	-33.60%	-35.88%	0.00%
Return on Net Nonoperating Assets (RNNOA)	2.39%	7.54%	42.31%	26.09%	21.71%	0.00%
Return on Equity (ROE)	-6.19%	-23.35%	-23.74%	-11.80%	-36.93%	0.00%
Cash Return on Invested Capital (CROIC)	3.42%	-92.20%	-145.89%	-47.96%	-258.63%	0.00%
Operating Return on Assets (OROA)	-3.42%	-13.51%	-17.53%	-7.40%	-8.40%	0.00%
Return on Assets (ROA)	-3.61%	-13.61%	-17.25%	-7.84%	-8.97%	0.00%
Return on Common Equity (ROCE)	-6.19%	-23.35%	-23.74%	-4.83%	44.24%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-5.56%	-22.26%	-23.75%	-8.07%	15.41%	0.00%
Net Operating Profit after Tax (NOPAT)	-27	-80	-85	-28	-20	-35
NOPAT Margin	-2.16%	-8.47%	-12.96%	-6.06%	-7.95%	-27.99%
Net Nonoperating Expense Percent (NNEP)	-3.45%	-15.41%	-8.32%	-4.29%	-22.75%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-4.10%	-12.08%	-17.65%	-	-	-
Cost of Revenue to Revenue	40.79%	43.59%	50.02%	51.71%	52.87%	57.92%
SG&A Expenses to Revenue	15.50%	19.00%	20.08%	15.47%	12.32%	20.27%
R&D to Revenue	21.35%	23.29%	21.23%	13.98%	15.87%	25.29%
Operating Expenses to Revenue	62.31%	68.50%	68.50%	56.95%	58.49%	82.06%
Earnings before Interest and Taxes (EBIT)	-35	-117	-116	-37	-30	-51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-17	-104	-109	-31	-26	-48
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	6.72	6.79	4.07	7.04	0.00	0.00
Price to Tangible Book Value (P/TBV)	7.45	7.86	4.07	7.04	0.00	0.00
Price to Revenue (P/Rev)	3.54	3.81	2.99	7.38	2.04	4.13
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	13.69	10.07	9.21	38.68	11.54	0.00
Enterprise Value to Revenue (EV/Rev)	3.25	3.61	2.53	6.50	3.13	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	21.11	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	376.37	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.25	0.00	0.00	0.45	0.00
Long-Term Debt to Equity	0.00	0.25	0.00	0.00	0.00	0.00
Financial Leverage	-0.47	-0.49	-0.73	-0.78	-0.60	0.00
Leverage Ratio	1.72	1.72	1.38	1.51	2.06	0.00
Compound Leverage Factor	1.48	1.64	1.34	1.55	2.12	0.00
Debt to Total Capital	0.37%	20.02%	0.00%	0.00%	31.20%	0.00%
Short-Term Debt to Total Capital	0.37%	0.37%	0.00%	0.00%	31.20%	0.00%
Long-Term Debt to Total Capital	0.00%	19.64%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	151.22%	0.00%
Common Equity to Total Capital	99.63%	79.98%	100.00%	100.00%	-82.43%	0.00%
Debt to EBITDA	-0.14	-1.27	0.00	0.00	-3.03	0.00
Net Debt to EBITDA	21.47	1.84	0.00	0.00	4.04	0.00
Long-Term Debt to EBITDA	0.00	-1.25	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.09	-1.66	0.00	0.00	-3.92	0.00
Net Debt to NOPAT	13.36	2.39	0.00	0.00	5.22	0.00
Long-Term Debt to NOPAT	0.00	-1.63	0.00	0.00	0.00	0.00
Altman Z-Score	8.80	4.79	5.86	14.82	1.80	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	59.04%	219.82%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	2.73	2.54	3.20	4.29	1.90	0.00
Quick Ratio	1.12	0.88	1.44	2.85	1.03	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	11	-239	-187	-35	-90	0.00
Operating Cash Flow to CapEx	1,098.66%	-588.64%	-1,538.82%	-405.62%	-2,613.48%	117.01%
Free Cash Flow to Firm to Interest Expense	3.36	-101.44	-143.71	-28.02	-75.79	0.00
Operating Cash Flow to Interest Expense	60.01	-22.78	-83.45	-14.64	-96.05	5.25
Operating Cash Flow Less CapEx to Interest Expense	54.55	-26.66	-88.88	-18.25	-99.73	0.76
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	1.23	1.09	0.99	0.93	0.71	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	53.13	68.54	62.86	48.47	26.56	0.00
Accounts Payable Turnover	20.13	19.67	81.69	86.77	31.92	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	18.13	18.55	4.47	4.21	11.44	0.00
Cash Conversion Cycle (CCC)	-18.13	-18.55	-4.47	-4.21	-11.44	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	300	338	179	77	70	0.00
Invested Capital Turnover	3.96	3.65	5.10	6.25	7.37	0.00
Increase / (Decrease) in Invested Capital	-38	159	102	7.38	70	0.00
Enterprise Value (EV)	4,105	3,405	1,653	2,981	804	0.00
Market Capitalization	4,470	3,596	1,954	3,384	523	523
Book Value per Share	$3.36	$2.86	$2.81	$2.93	($9.85)	$0.00
Tangible Book Value per Share	$3.03	$2.47	$2.81	$2.93	($9.85)	$0.00
Total Capital	668	662	480	480	256	0.00
Total Debt	2.47	132	0.00	0.00	80	0.00
Total Long-Term Debt	0.00	130	0.00	0.00	0.00	0.00
Net Debt	-366	-191	-301	-403	-107	0.00
Capital Expenditures (CapEx)	18	9.10	7.06	4.53	4.37	7.21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	203	244	160	63	57	0.00
Debt-free Net Working Capital (DFNWC)	571	568	460	466	244	0.00
Net Working Capital (NWC)	569	565	460	466	164	0.00
Net Nonoperating Expense (NNE)	9.62	38	29	11	12	16
Net Nonoperating Obligations (NNO)	-366	-191	-301	-403	-107	0.00
Total Depreciation and Amortization (D&A)	18	13	6.72	5.26	4.06	2.66
Debt-free, Cash-free Net Working Capital to Revenue	16.05%	25.85%	24.43%	13.67%	22.13%	0.00%
Debt-free Net Working Capital to Revenue	45.17%	60.13%	70.43%	101.60%	94.78%	0.00%
Net Working Capital to Revenue	44.98%	59.86%	70.43%	101.60%	63.65%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.19)	($0.65)	($0.68)	($0.64)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	194.65M	180.82M	167.77M	60.73M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.19)	($0.65)	($0.68)	($0.64)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	194.65M	180.82M	167.77M	60.73M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	200.61M	188.51M	174.19M	166.08M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-27	-80	-85	-28	-20	-35
Normalized NOPAT Margin	-2.16%	-8.47%	-12.96%	-6.06%	-7.95%	-27.99%
Pre Tax Income Margin	-2.39%	-11.85%	-17.29%	-8.22%	-12.22%	-40.40%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-10.83	-49.76	-88.96	-29.14	-25.64	-31.49
NOPAT to Interest Expense	-8.44	-33.99	-65.07	-22.14	-17.18	-22.03
EBIT Less CapEx to Interest Expense	-16.29	-53.63	-94.38	-32.75	-29.31	-35.97
NOPAT Less CapEx to Interest Expense	-13.90	-37.86	-70.50	-25.75	-20.86	-26.51
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-13.67%

This table displays calculated financial ratios and metrics derived from Remitly Global's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	34.37%	32.91%	39.27%	30.93%	32.01%	38.59%	42.76%	48.82%	49.89%	41.24%	39.60%
EBITDA Growth	211.14%	99.28%	121.44%	63.27%	32.73%	-38.44%	-3.73%	54.17%	-26.50%	-32.00%	-192.27%
EBIT Growth	167.11%	80.65%	106.72%	49.43%	27.18%	-42.66%	-8.18%	47.55%	-31.43%	-32.31%	-175.87%
NOPAT Growth	166.54%	87.94%	100.73%	13.50%	28.91%	-35.57%	-3.61%	53.72%	-21.12%	-38.27%	-181.18%
Net Income Growth	153.85%	83.66%	105.38%	35.86%	25.55%	-80.57%	-7.82%	50.71%	-21.47%	-17.01%	-155.12%
EPS Growth	145.45%	83.33%	105.00%	45.45%	31.25%	-63.64%	0.00%	52.17%	-14.29%	-164.71%	51.22%
Operating Cash Flow Growth	333.95%	295.75%	405.58%	194.22%	-2,374.22%	64.85%	153.94%	-264.98%	-105.70%	-113.84%	-31.74%
Free Cash Flow Firm Growth	209.71%	119.77%	98.44%	67.50%	28.59%	-52.34%	-240.89%	-360.82%	-471.67%	0.00%	-32.61%
Invested Capital Growth	-44.21%	-11.32%	1.29%	26.63%	63.86%	88.41%	238.60%	765.40%	843.39%	132.86%	102.93%
Revenue Q/Q Growth	2.76%	4.57%	9.82%	13.86%	1.65%	9.57%	3.25%	14.80%	6.72%	12.86%	7.63%
EBITDA Q/Q Growth	10,125.25%	-102.78%	216.84%	65.90%	35.24%	16.93%	-100.23%	37.54%	-33.27%	37.76%	11.53%
EBIT Q/Q Growth	340.42%	-344.19%	124.62%	53.58%	30.66%	15.17%	-85.24%	33.17%	-35.83%	35.67%	10.18%
NOPAT Q/Q Growth	455.09%	-1,497.59%	101.70%	21.00%	35.64%	15.99%	-102.51%	35.08%	-22.74%	35.79%	9.55%
Net Income Q/Q Growth	298.32%	-398.59%	115.85%	42.64%	39.81%	1.78%	-89.15%	33.43%	-45.99%	41.35%	13.53%
EPS Q/Q Growth	266.67%	-400.00%	116.67%	45.45%	38.89%	10.00%	-81.82%	31.25%	-45.45%	45.00%	13.04%
Operating Cash Flow Q/Q Growth	138.88%	-62.09%	200.13%	186.08%	-64.81%	-197.91%	155.93%	-2,160.45%	97.16%	-50.26%	-278.47%
Free Cash Flow Firm Q/Q Growth	441.70%	1,049.44%	96.15%	44.62%	2.40%	25.06%	19.75%	-21.66%	-108.21%	-67.70%	-8.48%
Invested Capital Q/Q Growth	-22.63%	-2.91%	-24.88%	-1.13%	22.98%	10.90%	-6.10%	27.94%	41.40%	99.31%	140.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	60.19%	60.10%	59.19%	58.30%	59.13%	58.82%	55.75%	56.56%	53.89%	52.31%	48.00%
EBITDA Margin	5.49%	-0.06%	2.11%	-1.99%	-6.64%	-10.42%	-13.74%	-7.09%	-13.02%	-10.43%	-18.91%
Operating Margin	3.38%	-1.06%	0.11%	-5.14%	-7.41%	-11.71%	-15.27%	-7.79%	-13.77%	-11.97%	-21.04%
EBIT Margin	4.00%	-1.71%	0.73%	-3.26%	-8.00%	-11.73%	-15.16%	-8.45%	-14.51%	-11.40%	-20.00%
Profit (Net Income) Margin	3.14%	-1.63%	0.57%	-3.95%	-7.83%	-13.23%	-14.76%	-8.05%	-13.89%	-10.15%	-19.54%
Tax Burden Percent	75.97%	111.47%	50.89%	137.38%	104.97%	118.30%	100.73%	99.25%	101.32%	97.81%	100.88%
Interest Burden Percent	103.38%	85.41%	153.01%	88.03%	93.24%	95.30%	96.66%	96.07%	94.47%	91.06%	96.84%
Effective Tax Rate	24.03%	0.00%	49.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	10.76%	-2.95%	0.21%	-10.59%	-15.65%	-29.91%	-47.13%	-24.02%	-49.55%	-42.70%	-131.02%
ROIC Less NNEP Spread (ROIC-NNEP)	10.10%	-1.83%	-0.42%	-10.00%	-11.86%	-24.49%	-43.85%	-22.06%	-47.02%	-41.74%	-129.04%
Return on Net Nonoperating Assets (RNNOA)	-4.96%	0.85%	0.20%	3.28%	4.26%	11.93%	26.40%	13.93%	33.37%	30.59%	110.86%
Return on Equity (ROE)	5.80%	-2.09%	0.41%	-7.31%	-11.39%	-17.97%	-20.74%	-10.09%	-16.17%	-12.11%	-20.16%
Cash Return on Invested Capital (CROIC)	58.78%	3.42%	-16.42%	-43.21%	-70.59%	-92.20%	-146.40%	-199.07%	-224.48%	-145.89%	0.00%
Operating Return on Assets (OROA)	4.97%	-2.11%	0.95%	-4.07%	-9.01%	-12.79%	-17.33%	-8.91%	-15.59%	-11.27%	-17.64%
Return on Assets (ROA)	3.91%	-2.01%	0.74%	-4.92%	-8.81%	-14.42%	-16.87%	-8.50%	-14.92%	-10.04%	-17.24%
Return on Common Equity (ROCE)	5.80%	-2.09%	0.41%	-7.31%	-11.39%	-17.97%	-20.74%	-10.09%	-16.17%	-12.11%	-20.16%
Return on Equity Simple (ROE_SIMPLE)	-0.63%	0.00%	-10.51%	-17.94%	-20.13%	0.00%	-19.44%	-19.32%	-24.02%	0.00%	-23.84%
Net Operating Profit after Tax (NOPAT)	9.29	-2.62	0.19	-11	-14	-22	-26	-13	-20	-16	-25
NOPAT Margin	2.57%	-0.74%	0.06%	-3.60%	-5.19%	-8.20%	-10.69%	-5.45%	-9.64%	-8.38%	-14.73%
Net Nonoperating Expense Percent (NNEP)	0.66%	-1.12%	0.64%	-0.59%	-3.79%	-5.42%	-3.29%	-1.96%	-2.53%	-0.96%	-1.99%
Return On Investment Capital (ROIC_SIMPLE)	1.28%	-0.39%	-	-	-	-3.28%	-	-	-	-3.33%	-
Cost of Revenue to Revenue	39.81%	39.90%	40.81%	41.70%	40.87%	41.18%	44.25%	43.44%	46.11%	47.69%	52.00%
SG&A Expenses to Revenue	14.61%	15.59%	15.13%	14.98%	16.41%	18.38%	20.62%	16.87%	20.31%	18.27%	20.98%
R&D to Revenue	20.42%	20.07%	20.34%	22.05%	23.49%	22.38%	23.60%	23.21%	24.22%	22.45%	21.37%
Operating Expenses to Revenue	56.81%	61.17%	59.08%	63.44%	66.54%	70.53%	71.02%	64.34%	67.66%	64.28%	69.04%
Earnings before Interest and Taxes (EBIT)	14	-6.01	2.46	-10.00	-22	-31	-37	-20	-30	-22	-34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	20	-0.20	7.12	-6.09	-18	-28	-33	-17	-27	-20	-32
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.77	6.72	4.14	4.03	6.99	6.79	8.69	6.49	5.96	4.07	4.01
Price to Tangible Book Value (P/TBV)	6.32	7.45	4.64	4.58	8.02	7.86	10.09	7.58	7.03	4.07	4.01
Price to Revenue (P/Rev)	3.08	3.54	2.22	2.16	3.80	3.81	5.25	4.20	4.09	2.99	3.13
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	15.87	13.69	7.42	5.27	8.91	10.07	14.26	9.73	10.68	9.21	16.57
Enterprise Value to Revenue (EV/Rev)	2.71	3.25	1.95	2.00	3.67	3.61	5.00	3.96	3.76	2.53	2.50
Enterprise Value to EBITDA (EV/EBITDA)	178.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	4,063.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	560.14	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.58	21.11	20.75	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	19.34	376.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.03	0.28	0.25	0.00	0.07	0.01	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.03	0.27	0.25	0.00	0.07	0.00	0.00	0.00
Financial Leverage	-0.49	-0.47	-0.47	-0.33	-0.36	-0.49	-0.60	-0.63	-0.71	-0.73	-0.86
Leverage Ratio	1.71	1.72	1.56	1.58	1.72	1.72	1.53	1.54	1.39	1.38	1.42
Compound Leverage Factor	1.77	1.46	2.39	1.40	1.60	1.64	1.48	1.48	1.31	1.25	1.38
Debt to Total Capital	0.33%	0.37%	0.38%	2.92%	21.72%	20.02%	0.45%	6.60%	0.50%	0.00%	0.00%
Short-Term Debt to Total Capital	0.33%	0.37%	0.38%	0.40%	0.35%	0.37%	0.45%	0.44%	0.50%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	2.52%	21.37%	19.64%	0.00%	6.16%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.67%	99.63%	99.62%	97.08%	78.28%	79.98%	99.55%	93.40%	99.50%	100.00%	100.00%
Debt to EBITDA	0.12	-0.14	-0.05	-0.21	-1.60	-1.27	-0.02	-0.38	-0.02	0.00	0.00
Net Debt to EBITDA	-23.77	21.47	7.25	1.98	1.40	1.84	2.30	2.01	2.11	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	-0.18	-1.58	-1.25	0.00	-0.36	0.00	0.00	0.00
Debt to NOPAT	0.37	-0.09	-0.05	-0.24	-2.05	-1.66	-0.03	-0.50	-0.03	0.00	0.00
Net Debt to NOPAT	-74.79	13.36	6.93	2.31	1.80	2.39	2.98	2.61	2.74	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.21	-2.02	-1.63	0.00	-0.46	0.00	0.00	0.00
Altman Z-Score	7.94	8.89	5.75	4.73	5.23	5.06	9.68	8.35	8.83	6.31	5.78
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.78	2.73	2.66	2.46	2.64	2.54	2.43	3.00	3.07	3.20	3.09
Quick Ratio	1.40	1.12	1.00	0.54	0.78	0.88	0.74	1.00	1.24	1.44	1.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	193	36	-3.75	-97	-176	-180	-241	-300	-247	-118	-71
Operating Cash Flow to CapEx	785.85%	1,065.40%	3,753.43%	1,148.94%	-1,316.83%	-1,098.65%	1,113.46%	-2,965.71%	-106.30%	-3,341.61%	-3,683.71%
Free Cash Flow to Firm to Interest Expense	148.66	36.87	-4.94	-130.85	-228.90	-229.46	-411.40	-506.59	-633.68	-362.06	-213.94
Operating Cash Flow to Interest Expense	102.31	57.53	193.10	65.64	-73.87	-36.16	49.62	-87.67	-5.90	-247.30	-163.09
Operating Cash Flow Less CapEx to Interest Expense	89.29	52.13	187.96	59.92	-79.48	-39.45	45.16	-90.63	-11.46	-254.70	-167.52
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.24	1.23	1.31	1.25	1.13	1.09	1.14	1.06	1.07	0.99	0.88
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	44.63	53.13	60.23	60.85	63.11	68.54	69.69	67.59	64.62	62.86	61.33
Accounts Payable Turnover	21.47	20.13	27.92	23.55	56.32	19.67	30.24	32.50	78.33	81.69	40.58
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	17.00	18.13	13.07	15.50	6.48	18.55	12.07	11.23	4.66	4.47	8.99
Cash Conversion Cycle (CCC)	-17.00	-18.13	-13.07	-15.50	-6.48	-18.55	-12.07	-11.23	-4.66	-4.47	-8.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	232	300	309	411	416	338	305	325	254	179	90
Invested Capital Turnover	4.19	3.96	3.84	2.94	3.02	3.65	4.41	4.41	5.14	5.10	8.90
Increase / (Decrease) in Invested Capital	-184	-38	3.94	86	162	159	215	287	227	102	46
Enterprise Value (EV)	3,681	4,105	2,291	2,165	3,707	3,405	4,349	3,158	2,711	1,653	1,492
Market Capitalization	4,173	4,470	2,613	2,333	3,840	3,596	4,570	3,349	2,953	1,954	1,869
Book Value per Share	$3.61	$3.36	$3.23	$3.01	$2.89	$2.86	$2.90	$2.90	$2.84	$2.81	$2.78
Tangible Book Value per Share	$3.29	$3.03	$2.89	$2.65	$2.52	$2.47	$2.50	$2.48	$2.41	$2.81	$2.78
Total Capital	726	668	633	596	702	662	528	552	498	480	466
Total Debt	2.42	2.47	2.43	17	152	132	2.35	36	2.49	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	15	150	130	0.00	34	0.00	0.00	0.00
Net Debt	-491	-366	-322	-168	-134	-191	-221	-191	-242	-301	-376
Capital Expenditures (CapEx)	17	5.22	3.91	4.26	4.31	2.59	2.61	1.75	2.16	2.42	1.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	135	203	215	316	321	244	208	227	168	160	74
Debt-free Net Working Capital (DFNWC)	629	571	540	501	607	568	431	455	412	460	450
Net Working Capital (NWC)	627	569	537	499	604	565	428	453	409	460	450
Net Nonoperating Expense (NNE)	-2.06	3.11	-1.73	1.06	7.11	13	9.82	6.09	8.67	3.39	8.14
Net Nonoperating Obligations (NNO)	-491	-366	-322	-168	-134	-191	-221	-191	-242	-301	-376
Total Depreciation and Amortization (D&A)	5.40	5.81	4.66	3.91	3.68	3.48	3.42	3.19	3.03	1.85	1.84
Debt-free, Cash-free Net Working Capital to Revenue	9.96%	16.05%	18.28%	29.20%	31.76%	25.85%	23.84%	28.49%	23.26%	24.43%	12.36%
Debt-free Net Working Capital to Revenue	46.37%	45.17%	45.85%	46.32%	60.09%	60.13%	49.48%	57.00%	57.10%	70.43%	75.34%
Net Working Capital to Revenue	46.19%	44.98%	45.64%	46.09%	59.85%	59.86%	49.21%	56.69%	56.76%	70.43%	75.34%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.06	($0.03)	$0.01	($0.06)	($0.11)	($0.18)	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)
Adjusted Weighted Average Basic Shares Outstanding	201.74M	194.65M	196.17M	193.45M	189.85M	180.82M	182.60M	179.08M	175.11M	167.77M	168.60M
Adjusted Diluted Earnings per Share	$0.05	($0.03)	$0.01	($0.06)	($0.11)	($0.18)	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)
Adjusted Weighted Average Diluted Shares Outstanding	218.41M	194.65M	205.25M	193.45M	189.85M	180.82M	182.60M	179.08M	175.11M	167.77M	168.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	203.86M	200.61M	198.06M	195.14M	192.48M	188.51M	185.16M	181.20M	177.95M	174.19M	170.66M
Normalized Net Operating Profit after Tax (NOPAT)	9.29	-2.62	0.19	-11	-14	-22	-26	-13	-20	-16	-25
Normalized NOPAT Margin	2.57%	-0.74%	0.06%	-3.60%	-5.19%	-8.20%	-10.69%	-5.45%	-9.64%	-8.38%	-14.73%
Pre Tax Income Margin	4.13%	-1.46%	1.12%	-2.87%	-7.46%	-11.18%	-14.65%	-8.12%	-13.71%	-10.38%	-19.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.13	-6.22	3.24	-13.42	-28.01	-39.52	-62.60	-33.39	-76.04	-66.59	-102.58
NOPAT to Interest Expense	7.15	-2.71	0.25	-14.81	-18.16	-27.61	-44.16	-21.55	-50.51	-48.95	-75.55
EBIT Less CapEx to Interest Expense	-1.89	-11.62	-1.91	-19.13	-33.62	-42.81	-67.05	-36.35	-81.59	-73.99	-107.01
NOPAT Less CapEx to Interest Expense	-5.86	-8.11	-4.90	-20.52	-23.77	-30.90	-48.61	-24.50	-56.06	-56.35	-79.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Remitly Global's Financials

When does Remitly Global's financial year end?

According to the most recent income statement we have on file, Remitly Global's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Remitly Global's net income changed over the last 5 years?

Remitly Global's net income appears to be on an upward trend, with a most recent value of -$36.98 million in 2024, falling from -$51.39 million in 2019. The previous period was -$117.84 million in 2023. Check out Remitly Global's forecast to explore projected trends and price targets.

What is Remitly Global's operating income?

Remitly Global's total operating income in 2024 was -$39.09 million, based on the following breakdown:

Total Gross Profit: $748.44 million
Total Operating Expenses: $787.53 million

How has Remitly Global revenue changed over the last 5 years?

Over the last 5 years, Remitly Global's total revenue changed from $126.57 million in 2019 to $1.26 billion in 2024, a change of 898.7%.

How much debt does Remitly Global have?

Remitly Global's total liabilities were at $347.40 million at the end of 2024, a 31.5% decrease from 2023, and a 86.2% increase since 2020.

How much cash does Remitly Global have?

In the past 4 years, Remitly Global's cash and equivalents has ranged from $186.69 million in 2020 to $403.26 million in 2021, and is currently $368.10 million as of their latest financial filing in 2024.

How has Remitly Global's book value per share changed over the last 5 years?

Over the last 5 years, Remitly Global's book value per share changed from 0.00 in 2019 to 3.36 in 2024, a change of 336.0%.

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This page (NASDAQ:RELY) was last updated on 5/27/2025 by MarketBeat.com Staff

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