Remitly Global (RELY) Financials

$20.99 +0.05 (+0.24%)

Closing price 04:00 PM Eastern

Extended Trading

$20.98 -0.01 (-0.07%)

As of 06:31 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	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-64	-33	-39	-114	-118	-37
Consolidated Net Income / (Loss)	-51	-33	-39	-114	-118	-37
Net Income / (Loss) Continuing Operations	-51	-33	-39	-114	-118	-37
Total Pre-Tax Income	-51	-31	-38	-113	-112	-30
Total Operating Income	-51	-29	-40	-121	-114	-39
Total Gross Profit	53	121	221	327	533	748
Total Revenue	127	257	459	654	944	1,264
Operating Revenue	127	257	459	654	944	1,264
Total Cost of Revenue	73	136	237	327	412	516
Operating Cost of Revenue	73	136	237	327	412	516
Total Operating Expenses	104	150	261	448	647	788
Selling, General & Admin Expense	26	32	71	131	179	196
Marketing Expense	44	74	121	171	234	304
Research & Development Expense	32	41	64	139	220	270
Depreciation Expense	2.66	4.06	5.26	6.72	13	18
Total Other Income / (Expense), net	-0.53	-2.22	2.01	8.06	2.26	8.84
Interest Expense	1.61	1.19	1.26	1.30	2.35	3.24
Interest & Investment Income	1.11	0.27	0.14	4.15	7.45	8.08
Other Income / (Expense), net	-0.03	-1.30	3.13	5.21	-2.84	4.00
Income Tax Expense	0.26	1.16	1.04	1.04	5.90	6.73
Basic Earnings per Share	($2.98)	($1.52)	($0.64)	($0.68)	($0.65)	($0.19)
Weighted Average Basic Shares Outstanding	21.29M	21.46M	60.73M	167.77M	180.82M	194.65M
Diluted Earnings per Share	($2.98)	($1.52)	($0.64)	($0.68)	($0.65)	($0.19)
Weighted Average Diluted Shares Outstanding	21.29M	21.46M	60.73M	167.77M	180.82M	194.65M
Weighted Average Basic & Diluted Shares Outstanding	-	-	166.08M	174.19M	188.51M	200.61M

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

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

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

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

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	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	690	715	785	833	1,079	950	970
Total Current Assets	666	607	679	729	972	841	861
Cash & Equivalents	376	244	228	223	286	185	324
Prepaid Expenses	20	31	31	30	45	43	41
Other Current Assets	270	331	421	476	641	613	496
Plant, Property, & Equipment, net	10	13	13	15	19	22	24
Total Noncurrent Assets	14	96	92	89	88	87	85
Goodwill	-	55	55	55	55	55	55
Intangible Assets	-	20	19	18	15	14	13
Other Noncurrent Operating Assets	14	20	18	16	17	18	17
Total Liabilities & Shareholders' Equity	690	715	785	833	1,079	950	970
Total Liabilities	224	220	269	307	530	371	340
Total Current Liabilities	216	197	227	300	368	342	324
Short-Term Debt	-	2.49	2.43	2.35	2.45	2.39	2.43
Accounts Payable	8.18	2.91	18	18	12	21	17
Accrued Expenses	100	79	99	132	155	145	105
Other Current Liabilities	108	113	108	149	198	173	200
Total Noncurrent Liabilities	8.07	22	42	6.56	162	29	16
Long-Term Debt	-	-	34	-	150	15	0.00
Other Noncurrent Operating Liabilities	8.07	22	8.13	6.56	12	14	16
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	466	495	516	526	549	579	631
Total Preferred & Common Equity	466	495	516	526	549	579	631
Total Common Equity	466	495	516	526	549	579	631
Common Stock	823	898	937	983	1,062	1,104	1,151
Retained Earnings	-354	-402	-421	-456	-512	-524	-523
Accumulated Other Comprehensive Income / (Loss)	-2.39	-0.40	-0.15	-1.14	-0.31	-0.40	1.88

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

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

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	39.60%	41.24%	49.89%	48.82%	42.76%	38.59%	32.01%	30.93%	39.27%	32.91%
EBITDA Growth	-192.27%	-32.00%	-26.50%	54.17%	-3.73%	-38.44%	32.73%	63.27%	121.44%	99.28%
EBIT Growth	-175.87%	-32.31%	-31.43%	47.55%	-8.18%	-42.66%	27.18%	49.43%	106.72%	80.65%
NOPAT Growth	-181.18%	-38.27%	-21.12%	53.72%	-3.61%	-35.57%	28.91%	13.50%	100.73%	87.94%
Net Income Growth	-155.12%	-17.01%	-21.47%	50.71%	-7.82%	-80.57%	25.55%	35.86%	105.38%	83.66%
EPS Growth	51.22%	-164.71%	-14.29%	52.17%	0.00%	-63.64%	31.25%	45.45%	105.00%	83.33%
Operating Cash Flow Growth	-31.74%	-113.84%	-105.70%	-264.98%	153.94%	64.85%	-2,374.22%	194.22%	405.58%	295.75%
Free Cash Flow Firm Growth	-32.61%	0.00%	-471.67%	-360.82%	-240.89%	-52.34%	28.59%	67.50%	98.44%	119.77%
Invested Capital Growth	102.93%	132.86%	843.39%	765.40%	238.60%	88.41%	63.86%	26.63%	1.29%	-11.32%
Revenue Q/Q Growth	7.63%	12.86%	6.72%	14.80%	3.25%	9.57%	1.65%	13.86%	9.82%	4.57%
EBITDA Q/Q Growth	11.53%	37.76%	-33.27%	37.54%	-100.23%	16.93%	35.24%	65.90%	216.84%	-102.78%
EBIT Q/Q Growth	10.18%	35.67%	-35.83%	33.17%	-85.24%	15.17%	30.66%	53.58%	124.62%	-344.19%
NOPAT Q/Q Growth	9.55%	35.79%	-22.74%	35.08%	-102.51%	15.99%	35.64%	21.00%	101.70%	-1,497.59%
Net Income Q/Q Growth	13.53%	41.35%	-45.99%	33.43%	-89.15%	1.78%	39.81%	42.64%	115.85%	-398.59%
EPS Q/Q Growth	13.04%	45.00%	-45.45%	31.25%	-81.82%	10.00%	38.89%	45.45%	116.67%	-400.00%
Operating Cash Flow Q/Q Growth	-278.47%	-50.26%	97.16%	-2,160.45%	155.93%	-197.91%	-64.81%	186.08%	200.13%	-62.09%
Free Cash Flow Firm Q/Q Growth	-8.48%	-67.70%	-108.21%	-21.66%	19.75%	25.06%	2.40%	44.62%	96.15%	1,049.44%
Invested Capital Q/Q Growth	140.00%	99.31%	41.40%	27.94%	-6.10%	10.90%	22.98%	-1.13%	-24.88%	-2.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.00%	52.31%	53.89%	56.56%	55.75%	58.82%	59.13%	58.30%	59.19%	60.10%
EBITDA Margin	-18.91%	-10.43%	-13.02%	-7.09%	-13.74%	-10.42%	-6.64%	-1.99%	2.11%	-0.06%
Operating Margin	-21.04%	-11.97%	-13.77%	-7.79%	-15.27%	-11.71%	-7.41%	-5.14%	0.11%	-1.06%
EBIT Margin	-20.00%	-11.40%	-14.51%	-8.45%	-15.16%	-11.73%	-8.00%	-3.26%	0.73%	-1.71%
Profit (Net Income) Margin	-19.54%	-10.15%	-13.89%	-8.05%	-14.76%	-13.23%	-7.83%	-3.95%	0.57%	-1.63%
Tax Burden Percent	100.88%	97.81%	101.32%	99.25%	100.73%	118.30%	104.97%	137.38%	50.89%	111.47%
Interest Burden Percent	96.84%	91.06%	94.47%	96.07%	96.66%	95.30%	93.24%	88.03%	153.01%	85.41%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	49.11%	0.00%
Return on Invested Capital (ROIC)	-131.02%	-42.70%	-49.55%	-24.02%	-47.13%	-29.91%	-15.65%	-10.59%	0.21%	-2.95%
ROIC Less NNEP Spread (ROIC-NNEP)	-129.04%	-41.74%	-47.02%	-22.06%	-43.85%	-24.49%	-11.86%	-10.00%	-0.42%	-1.83%
Return on Net Nonoperating Assets (RNNOA)	110.86%	30.59%	33.37%	13.93%	26.40%	11.93%	4.26%	3.28%	0.20%	0.85%
Return on Equity (ROE)	-20.16%	-12.11%	-16.17%	-10.09%	-20.74%	-17.97%	-11.39%	-7.31%	0.41%	-2.09%
Cash Return on Invested Capital (CROIC)	0.00%	-145.89%	-224.48%	-199.07%	-146.40%	-92.20%	-70.59%	-43.21%	-16.42%	3.42%
Operating Return on Assets (OROA)	-17.64%	-11.27%	-15.59%	-8.91%	-17.33%	-12.79%	-9.01%	-4.07%	0.95%	-2.11%
Return on Assets (ROA)	-17.24%	-10.04%	-14.92%	-8.50%	-16.87%	-14.42%	-8.81%	-4.92%	0.74%	-2.01%
Return on Common Equity (ROCE)	-20.16%	-12.11%	-16.17%	-10.09%	-20.74%	-17.97%	-11.39%	-7.31%	0.41%	-2.09%
Return on Equity Simple (ROE_SIMPLE)	-23.84%	0.00%	-24.02%	-19.32%	-19.44%	0.00%	-20.13%	-17.94%	-10.51%	0.00%
Net Operating Profit after Tax (NOPAT)	-25	-16	-20	-13	-26	-22	-14	-11	0.19	-2.62
NOPAT Margin	-14.73%	-8.38%	-9.64%	-5.45%	-10.69%	-8.20%	-5.19%	-3.60%	0.06%	-0.74%
Net Nonoperating Expense Percent (NNEP)	-1.99%	-0.96%	-2.53%	-1.96%	-3.29%	-5.42%	-3.79%	-0.59%	0.64%	-1.12%
Return On Investment Capital (ROIC_SIMPLE)	-	-3.33%	-	-	-	-3.28%	-	-	-	-0.39%
Cost of Revenue to Revenue	52.00%	47.69%	46.11%	43.44%	44.25%	41.18%	40.87%	41.70%	40.81%	39.90%
SG&A Expenses to Revenue	20.98%	18.27%	20.31%	16.87%	20.62%	18.38%	16.41%	14.98%	15.13%	15.59%
R&D to Revenue	21.37%	22.45%	24.22%	23.21%	23.60%	22.38%	23.49%	22.05%	20.34%	20.07%
Operating Expenses to Revenue	69.04%	64.28%	67.66%	64.34%	71.02%	70.53%	66.54%	63.44%	59.08%	61.17%
Earnings before Interest and Taxes (EBIT)	-34	-22	-30	-20	-37	-31	-22	-10.00	2.46	-6.01
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-32	-20	-27	-17	-33	-28	-18	-6.09	7.12	-0.20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.01	4.07	5.96	6.49	8.69	6.79	6.99	4.03	4.14	6.72
Price to Tangible Book Value (P/TBV)	4.01	4.07	7.03	7.58	10.09	7.86	8.02	4.58	4.64	7.45
Price to Revenue (P/Rev)	3.13	2.99	4.09	4.20	5.25	3.81	3.80	2.16	2.22	3.54
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
Dividend Yield	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%
Enterprise Value to Invested Capital (EV/IC)	16.57	9.21	10.68	9.73	14.26	10.07	8.91	5.27	7.42	13.69
Enterprise Value to Revenue (EV/Rev)	2.50	2.53	3.76	3.96	5.00	3.61	3.67	2.00	1.95	3.25
Enterprise Value to EBITDA (EV/EBITDA)	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)	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)	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)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	20.75	21.11
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	376.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.01	0.07	0.00	0.25	0.28	0.03	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.07	0.00	0.25	0.27	0.03	0.00	0.00
Financial Leverage	-0.86	-0.73	-0.71	-0.63	-0.60	-0.49	-0.36	-0.33	-0.47	-0.47
Leverage Ratio	1.42	1.38	1.39	1.54	1.53	1.72	1.72	1.58	1.56	1.72
Compound Leverage Factor	1.38	1.25	1.31	1.48	1.48	1.64	1.60	1.40	2.39	1.46
Debt to Total Capital	0.00%	0.00%	0.50%	6.60%	0.45%	20.02%	21.72%	2.92%	0.38%	0.37%
Short-Term Debt to Total Capital	0.00%	0.00%	0.50%	0.44%	0.45%	0.37%	0.35%	0.40%	0.38%	0.37%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	6.16%	0.00%	19.64%	21.37%	2.52%	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%
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%
Common Equity to Total Capital	100.00%	100.00%	99.50%	93.40%	99.55%	79.98%	78.28%	97.08%	99.62%	99.63%
Debt to EBITDA	0.00	0.00	-0.02	-0.38	-0.02	-1.27	-1.60	-0.21	-0.05	-0.14
Net Debt to EBITDA	0.00	0.00	2.11	2.01	2.30	1.84	1.40	1.98	7.25	21.47
Long-Term Debt to EBITDA	0.00	0.00	0.00	-0.36	0.00	-1.25	-1.58	-0.18	0.00	0.00
Debt to NOPAT	0.00	0.00	-0.03	-0.50	-0.03	-1.66	-2.05	-0.24	-0.05	-0.09
Net Debt to NOPAT	0.00	0.00	2.74	2.61	2.98	2.39	1.80	2.31	6.93	13.36
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.46	0.00	-1.63	-2.02	-0.21	0.00	0.00
Altman Z-Score	5.78	6.31	8.83	8.35	9.68	5.06	5.23	4.73	5.75	8.89
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.09	3.20	3.07	3.00	2.43	2.54	2.64	2.46	2.66	2.73
Quick Ratio	1.74	1.44	1.24	1.00	0.74	0.88	0.78	0.54	1.00	1.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-71	-118	-247	-300	-241	-180	-176	-97	-3.75	36
Operating Cash Flow to CapEx	-3,683.71%	-3,341.61%	-106.30%	-2,965.71%	1,113.46%	-1,098.65%	-1,316.83%	1,148.94%	3,753.43%	1,065.40%
Free Cash Flow to Firm to Interest Expense	-213.94	-362.06	-633.68	-506.59	-411.40	-229.46	-228.90	-130.85	-4.94	36.87
Operating Cash Flow to Interest Expense	-163.09	-247.30	-5.90	-87.67	49.62	-36.16	-73.87	65.64	193.10	57.53
Operating Cash Flow Less CapEx to Interest Expense	-167.52	-254.70	-11.46	-90.63	45.16	-39.45	-79.48	59.92	187.96	52.13
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.88	0.99	1.07	1.06	1.14	1.09	1.13	1.25	1.31	1.23
Accounts Receivable Turnover	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
Fixed Asset Turnover	61.33	62.86	64.62	67.59	69.69	68.54	63.11	60.85	60.23	53.13
Accounts Payable Turnover	40.58	81.69	78.33	32.50	30.24	19.67	56.32	23.55	27.92	20.13
Days Sales Outstanding (DSO)	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
Days Payable Outstanding (DPO)	8.99	4.47	4.66	11.23	12.07	18.55	6.48	15.50	13.07	18.13
Cash Conversion Cycle (CCC)	-8.99	-4.47	-4.66	-11.23	-12.07	-18.55	-6.48	-15.50	-13.07	-18.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	90	179	254	325	305	338	416	411	309	300
Invested Capital Turnover	8.90	5.10	5.14	4.41	4.41	3.65	3.02	2.94	3.84	3.96
Increase / (Decrease) in Invested Capital	46	102	227	287	215	159	162	86	3.94	-38
Enterprise Value (EV)	1,492	1,653	2,711	3,158	4,349	3,405	3,707	2,165	2,291	4,105
Market Capitalization	1,869	1,954	2,953	3,349	4,570	3,596	3,840	2,333	2,613	4,470
Book Value per Share	$2.78	$2.81	$2.84	$2.90	$2.90	$2.86	$2.89	$3.01	$3.23	$3.36
Tangible Book Value per Share	$2.78	$2.81	$2.41	$2.48	$2.50	$2.47	$2.52	$2.65	$2.89	$3.03
Total Capital	466	480	498	552	528	662	702	596	633	668
Total Debt	0.00	0.00	2.49	36	2.35	132	152	17	2.43	2.47
Total Long-Term Debt	0.00	0.00	0.00	34	0.00	130	150	15	0.00	0.00
Net Debt	-376	-301	-242	-191	-221	-191	-134	-168	-322	-366
Capital Expenditures (CapEx)	1.46	2.42	2.16	1.75	2.61	2.59	4.31	4.26	3.91	5.22
Debt-free, Cash-free Net Working Capital (DFCFNWC)	74	160	168	227	208	244	321	316	215	203
Debt-free Net Working Capital (DFNWC)	450	460	412	455	431	568	607	501	540	571
Net Working Capital (NWC)	450	460	409	453	428	565	604	499	537	569
Net Nonoperating Expense (NNE)	8.14	3.39	8.67	6.09	9.82	13	7.11	1.06	-1.73	3.11
Net Nonoperating Obligations (NNO)	-376	-301	-242	-191	-221	-191	-134	-168	-322	-366
Total Depreciation and Amortization (D&A)	1.84	1.85	3.03	3.19	3.42	3.48	3.68	3.91	4.66	5.81
Debt-free, Cash-free Net Working Capital to Revenue	12.36%	24.43%	23.26%	28.49%	23.84%	25.85%	31.76%	29.20%	18.28%	16.05%
Debt-free Net Working Capital to Revenue	75.34%	70.43%	57.10%	57.00%	49.48%	60.13%	60.09%	46.32%	45.85%	45.17%
Net Working Capital to Revenue	75.34%	70.43%	56.76%	56.69%	49.21%	59.86%	59.85%	46.09%	45.64%	44.98%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)	($0.18)	($0.11)	($0.06)	$0.01	($0.03)
Adjusted Weighted Average Basic Shares Outstanding	168.60M	167.77M	175.11M	179.08M	182.60M	180.82M	189.85M	193.45M	196.17M	194.65M
Adjusted Diluted Earnings per Share	($0.20)	($0.11)	($0.16)	($0.11)	($0.20)	($0.18)	($0.11)	($0.06)	$0.01	($0.03)
Adjusted Weighted Average Diluted Shares Outstanding	168.60M	167.77M	175.11M	179.08M	182.60M	180.82M	189.85M	193.45M	205.25M	194.65M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	170.66M	174.19M	177.95M	181.20M	185.16M	188.51M	192.48M	195.14M	198.06M	200.61M
Normalized Net Operating Profit after Tax (NOPAT)	-25	-16	-20	-13	-26	-22	-14	-11	0.19	-2.62
Normalized NOPAT Margin	-14.73%	-8.38%	-9.64%	-5.45%	-10.69%	-8.20%	-5.19%	-3.60%	0.06%	-0.74%
Pre Tax Income Margin	-19.37%	-10.38%	-13.71%	-8.12%	-14.65%	-11.18%	-7.46%	-2.87%	1.12%	-1.46%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-102.58	-66.59	-76.04	-33.39	-62.60	-39.52	-28.01	-13.42	3.24	-6.22
NOPAT to Interest Expense	-75.55	-48.95	-50.51	-21.55	-44.16	-27.61	-18.16	-14.81	0.25	-2.71
EBIT Less CapEx to Interest Expense	-107.01	-73.99	-81.59	-36.35	-67.05	-42.81	-33.62	-19.13	-1.91	-11.62
NOPAT Less CapEx to Interest Expense	-79.98	-56.35	-56.06	-24.50	-48.61	-30.90	-23.77	-20.52	-4.90	-8.11
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%
Augmented Payout Ratio	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 5/5/2025 by MarketBeat.com Staff

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