RELY Remitly Global Inc

Price (delayed)

$16.44

Market cap

$3.39B

P/E Ratio

234.86

Dividend/share

N/A

EPS

$0.07

Enterprise value

$2.91B

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Relative Growth: Rel. Growth: 92
Relative Strength: Rel. Strength: 23
Relative Valuation: Rel. Valuation: 30
Relative Profitability: Rel. Profitability: 65

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is ...

Highlights
The company's net income has surged by 114% YoY
Remitly Global's EPS has soared by 113% YoY
RELY's debt has soared by 52% from the previous quarter and by 9% YoY

Key stats

What are the main financial stats of RELY
Market
Shares outstanding
206.19M
Market cap
$3.39B
Enterprise value
$2.91B
Valuations
Price to earnings (P/E)
234.86
Price to book (P/B)
4.38
Price to sales (P/S)
2.3
PEG
2.09
EV/EBIT
110.24
EV/EBITDA
59.86
EV/Sales
1.99
Earnings
Revenue
$1.46B
Gross profit
$962.81M
Operating income
$23.51M
Net income
$14.08M
EBIT
$26.36M
EBITDA
$48.56M
Free cash flow
$334.79M
Per share
EPS
$0.07
EPS diluted
$0.06
Free cash flow per share
$1.64
Book value per share
$3.75
Revenue per share
$7.14
TBVPS
$5.4
Balance sheet
Total assets
$1.17B
Total liabilities
$401.25M
Debt
$32.37M
Equity
$764.92M
Working capital
$673.28M
Liquidity
Debt to equity
0.04
Current ratio
2.85
Quick ratio
2.13
Net debt/EBITDA
-9.96
Margins
EBITDA margin
3.3%
Gross margin
65.9%
Net margin
1%
Operating margin
1.6%
Efficiency
Return on assets
1.3%
Return on equity
2%
Return on invested capital
10.5%
Return on capital employed
3.3%
Return on sales
1.8%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

RELY stock price

How has the Remitly Global stock price performed over time
Intraday
1.61%
1 week
0.98%
1 month
2.49%
1 year
-15.08%
YTD
-27.16%
QTD
0.86%

Financial performance

How have Remitly Global's revenue and profit performed over time
Revenue
$1.46B
Gross profit
$962.81M
Operating income
$23.51M
Net income
$14.08M
Gross margin
65.9%
Net margin
1%
The operating income has soared by 123% YoY
The operating margin has soared by 117% YoY
The company's net income has surged by 114% YoY
RELY's net margin has soared by 110% YoY

Price vs fundamentals

How does RELY's price correlate with its fundamentals

Growth

What is Remitly Global's growth rate over time

Valuation

What is Remitly Global stock price valuation
P/E
234.86
P/B
4.38
P/S
2.3
EV/EBIT
110.24
EV/EBITDA
59.86
EV/Sales
1.99
Remitly Global's EPS has soared by 113% YoY
The equity has increased by 32% YoY and by 6% from the previous quarter
The stock's price to book (P/B) is 26% less than its 5-year quarterly average of 5.9 and 19% less than its last 4 quarters average of 5.4
RELY's revenue is up by 35% year-on-year and by 8% since the previous quarter
RELY's P/S is 30% below its 5-year quarterly average of 3.3 and 21% below its last 4 quarters average of 2.9

Efficiency

How efficient is Remitly Global business performance
Remitly Global's ROS has soared by 200% from the previous quarter and by 121% YoY
The ROIC has soared by 145% YoY
The return on assets has surged by 112% year-on-year
Remitly Global's ROE has soared by 111% YoY

Dividends

What is RELY's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for RELY.

Financial health

How did Remitly Global financials performed over time
Remitly Global's total assets is 191% higher than its total liabilities
Remitly Global's total assets has increased by 23% YoY and by 6% QoQ
Remitly Global's current ratio has increased by 16% YoY and by 2.5% from the previous quarter
RELY's debt is 96% less than its equity
RELY's debt has soared by 52% from the previous quarter and by 9% YoY
RELY's debt to equity is up by 33% since the previous quarter but it is down by 20% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.