RELY Remitly Global Inc

  1. Stocks
  2. Technology
  3. NASDAQ: RELY

Price (delayed)

$19.92

Market cap

$4.19B

P/E Ratio

39.84

Dividend/share

N/A

EPS

$0.5

Enterprise value

$3.58B

?
Relative Growth: Rel. Growth: 94
Relative Strength: Rel. Strength: 65
Relative Valuation: Rel. Valuation: 70
Relative Profitability: Rel. Profitability: 91

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 P/E is 69% below the last 4 quarters average of 126.1
The company's net income has surged by 55% QoQ
RELY's debt has soared by 85% YoY but it has plunged by 80% from the previous quarter
Sector: Technology
Industry: Software - Infrastructure
Website: https://www.remitly.com/us/en
Peers: FIS XYZ

Key stats

What are the main financial stats of RELY

RELY stock price

How has the Remitly Global stock price performed over time
Intraday
0.96%
1 week
-0.4%
1 month
-16.23%
1 year
-4.18%
YTD
44.35%
QTD
27.12%

Financial performance

How have Remitly Global's revenue and profit performed over time
Revenue
$1.73B
Gross profit
$1.15B
Operating income
$118.98M
Net income
$105.63M
Gross margin
66.8%
Net margin
6.1%
The company's net income has surged by 55% QoQ
The operating income has soared by 54% from the previous quarter
The operating margin has grown by 47% from the previous quarter
RELY's net margin is up by 45% from the previous quarter

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
39.84
P/B
4.62
P/S
2.44
EV/EBIT
30.5
EV/EBITDA
20.72
EV/Sales
2.08
The P/E is 69% below the last 4 quarters average of 126.1
Remitly Global's EPS has soared by 52% from the previous quarter
The equity has increased by 25% YoY and by 4.4% from the previous quarter
The stock's price to book (P/B) is 17% less than its 5-year quarterly average of 5.5 but 15% more than its last 4 quarters average of 4.0
RELY's revenue is up by 27% year-on-year and by 6% since the previous quarter
RELY's P/S is 20% below its 5-year quarterly average of 3.0 but 15% above its last 4 quarters average of 2.1

Efficiency

How efficient is Remitly Global business performance
Remitly Global's ROE has increased by 48% from the previous quarter
The return on assets is up by 47% since the previous quarter
Remitly Global's ROS has increased by 42% from the previous quarter
The ROIC has grown by 42% from the previous quarter

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 190% higher than its total liabilities
The total liabilities has grown by 27% YoY but it has contracted by 19% from the previous quarter
Remitly Global's total assets has increased by 26% YoY but it has decreased by 5% QoQ
RELY's debt is 96% less than its equity
RELY's debt has soared by 85% YoY but it has plunged by 80% from the previous quarter
RELY's debt to equity has dropped by 82% since the previous quarter but it is up by 33% year-on-year

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