RELY Remitly Global Inc

Price (delayed)

$21.38

Market cap

$4.29B

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.19

Enterprise value

$3.94B

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
Remitly Global's EPS has soared by 71% YoY and by 46% from the previous quarter
The company's net income has surged by 69% YoY and by 44% QoQ
RELY's debt has plunged by 89% YoY but it is up by 19% from the previous quarter
The quick ratio has declined by 11% year-on-year and by 8% since the previous quarter

Key stats

What are the main financial stats of RELY
Market
Shares outstanding
200.61M
Market cap
$4.29B
Enterprise value
$3.94B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
6.36
Price to sales (P/S)
3.29
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
3.11
Earnings
Revenue
$1.26B
Gross profit
$832.36M
Operating income
-$39.09M
Net income
-$36.98M
EBIT
-$27.01M
EBITDA
-$8.96M
Free cash flow
$176.78M
Per share
EPS
-$0.19
EPS diluted
-$0.19
Free cash flow per share
$0.91
Book value per share
$3.36
Revenue per share
$6.49
TBVPS
$4.87
Balance sheet
Total assets
$1.01B
Total liabilities
$347.4M
Debt
$16.29M
Equity
$665.47M
Working capital
$568.51M
Liquidity
Debt to equity
0.02
Current ratio
2.73
Quick ratio
1.71
Net debt/EBITDA
39.28
Margins
EBITDA margin
-0.7%
Gross margin
65.9%
Net margin
-2.9%
Operating margin
-3.1%
Efficiency
Return on assets
-3.7%
Return on equity
-6.1%
Return on invested capital
-7.5%
Return on capital employed
-3.9%
Return on sales
-2.1%
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
2.1%
1 week
0.28%
1 month
-10.92%
1 year
3.38%
YTD
-5.27%
QTD
2.79%

Financial performance

How have Remitly Global's revenue and profit performed over time
Revenue
$1.26B
Gross profit
$832.36M
Operating income
-$39.09M
Net income
-$36.98M
Gross margin
65.9%
Net margin
-2.9%
RELY's net margin has soared by 77% YoY and by 48% from the previous quarter
The operating margin has soared by 74% YoY and by 45% from the previous quarter
The company's net income has surged by 69% YoY and by 44% QoQ
The operating income has soared by 66% YoY and by 41% from the previous quarter

Growth

What is Remitly Global's growth rate over time

Valuation

What is Remitly Global stock price valuation
P/E
N/A
P/B
6.36
P/S
3.29
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
3.11
Remitly Global's EPS has soared by 71% YoY and by 46% from the previous quarter
The equity has increased by 26% YoY and by 5% from the previous quarter
The stock's price to book (P/B) is 13% more than its last 4 quarters average of 5.5
RELY's revenue is up by 34% year-on-year and by 7% since the previous quarter
RELY's P/S is 11% above its last 4 quarters average of 2.9

Efficiency

How efficient is Remitly Global business performance
Remitly Global's ROS has soared by 82% YoY and by 52% from the previous quarter
The ROIC has soared by 80% YoY and by 42% from the previous quarter
The return on assets has surged by 74% year-on-year and by 44% since the previous quarter
Remitly Global's ROE has soared by 73% YoY and by 47% 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 192% higher than its total liabilities
The total liabilities has contracted by 31% YoY but it has grown by 2.3% from the previous quarter
The quick ratio has declined by 11% year-on-year and by 8% since the previous quarter
RELY's debt is 98% less than its equity
RELY's debt to equity has dropped by 93% year-on-year
RELY's debt has plunged by 89% YoY but it is up by 19% from the previous quarter

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