Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $2.74 billion. The enterprise value is $2.62 billion.
Market Cap | 2.74B |
Enterprise Value | 2.62B |
Important Dates
The last earnings date was Wednesday, May 1, 2024, after market close.
Earnings Date | May 1, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 192.48 million shares outstanding. The number of shares has increased by 8.41% in one year.
Shares Outstanding | 192.48M |
Shares Change (YoY) | +8.41% |
Shares Change (QoQ) | +1.85% |
Owned by Insiders (%) | 6.30% |
Owned by Institutions (%) | 79.90% |
Float | 142.97M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 2.72 |
Forward PS | 2.04 |
PB Ratio | 5.00 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 2.60 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.64, with a Debt / Equity ratio of 0.30.
Current Ratio | 2.64 |
Quick Ratio | 1.97 |
Debt / Equity | 0.30 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -37.10 |
Financial Efficiency
Return on equity (ROE) is -20.90% and return on invested capital (ROIC) is -14.88%.
Return on Equity (ROE) | -20.90% |
Return on Assets (ROA) | -11.90% |
Return on Capital (ROIC) | -14.88% |
Revenue Per Employee | $373,903 |
Profits Per Employee | -$40,965 |
Employee Count | 2,700 |
Asset Turnover | 1.08 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, Remitly Global has paid $6.53 million in taxes.
Income Tax | 6.53M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -24.74% in the last 52 weeks. The beta is 0.23, so Remitly Global's price volatility has been lower than the market average.
Beta (1Y) | 0.23 |
52-Week Price Change | -24.74% |
50-Day Moving Average | 18.54 |
200-Day Moving Average | 20.95 |
Relative Strength Index (RSI) | 21.14 |
Average Volume (30 Days) | 1,602,088 |
Short Selling Information
The latest short interest is 7.45 million, so 3.87% of the outstanding shares have been sold short.
Short Interest | 7.45M |
Short Previous Month | 6.95M |
Short % of Shares Out | 3.87% |
Short % of Float | 5.21% |
Short Ratio (days to cover) | 7.19 |
Income Statement
In the last 12 months, Remitly Global had revenue of $1.01 billion and -$110.61 million in losses. Loss per share was -$0.61.
Revenue | 1.01B |
Gross Profit | 664.61M |
Operating Income | -106.08M |
Pretax Income | -104.08M |
Net Income | -110.61M |
EBITDA | -87.58M |
EBIT | -101.34M |
Loss Per Share | -$0.61 |
Balance Sheet
The company has $286.00 million in cash and $163.54 million in debt, giving a net cash position of $122.46 million or $0.64 per share.
Cash & Cash Equivalents | 286.00M |
Total Debt | 163.54M |
Net Cash | 122.46M |
Net Cash Per Share | $0.64 |
Equity / Book Value | 549.36M |
Book Value Per Share | 2.85 |
Working Capital | 604.17M |
Cash Flow
In the last 12 months, operating cash flow was -$110.83 million and capital expenditures -$11.26 million, giving a free cash flow of -$122.09 million.
Operating Cash Flow | -110.83M |
Capital Expenditures | -11.26M |
Free Cash Flow | -122.09M |
FCF Per Share | -$0.64 |
Margins
Gross margin is 65.83%, with operating and profit margins of -10.51% and -10.96%.
Gross Margin | 65.83% |
Operating Margin | -10.51% |
Pretax Margin | -10.31% |
Profit Margin | -10.96% |
EBITDA Margin | -8.67% |
EBIT Margin | -10.04% |
FCF Margin | -12.09% |
Dividends & Yields
Remitly Global does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -8.41% |
Shareholder Yield | -8.41% |
Earnings Yield | -4.03% |
FCF Yield | -4.45% |
Analyst Forecast
The average price target for Remitly Global is $25.89, which is 81.81% higher than the current price. The consensus rating is "Buy".
Price Target | $25.89 |
Price Target Difference | 81.81% |
Analyst Consensus | Buy |
Analyst Count | 10 |
Revenue Growth Forecast (5Y) | 23.09% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Remitly Global has an Altman Z-Score of 3.74 and a Piotroski F-Score of 2.
Altman Z-Score | 3.74 |
Piotroski F-Score | 2 |