Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
20.47
-0.28 (-1.35%)
Dec 3, 2024, 1:54 PM EST - Market open
Remitly Global Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 1,177 | 944.29 | 653.56 | 458.61 | 256.96 | 126.57 |
| Revenue Growth (YoY) | 35.18% | 44.48% | 42.51% | 78.48% | 103.02% | - |
| Cost of Revenue | 483.35 | 410.89 | 326.93 | 237.13 | 135.84 | 73.3 |
| Gross Profit | 693.47 | 533.4 | 326.63 | 221.47 | 121.11 | 53.26 |
| Selling, General & Admin | 484.9 | 410.87 | 298.76 | 191.85 | 105.46 | 69.2 |
| Research & Development | 257.92 | 219.42 | 138.72 | 64.09 | 40.78 | 32.01 |
| Operating Expenses | 758.55 | 643.4 | 444.2 | 261.2 | 150.3 | 103.87 |
| Operating Income | -65.07 | -110 | -117.57 | -39.72 | -29.18 | -50.6 |
| Interest Expense | -3.06 | -2.35 | -1.3 | -1.26 | -1.19 | -1.61 |
| Interest & Investment Income | 8.48 | 7.45 | 4.15 | 0.14 | 0.27 | 1.11 |
| Currency Exchange Gain (Loss) | 6.68 | -2.6 | 5.26 | 3.13 | -1.3 | -0.03 |
| Other Non Operating Income (Expenses) | -0.47 | -0.24 | -0.05 | - | - | - |
| EBT Excluding Unusual Items | -53.45 | -107.74 | -109.51 | -37.71 | -31.4 | -51.13 |
| Merger & Restructuring Charges | -2.08 | -3.1 | -3.46 | - | - | - |
| Other Unusual Items | 0.8 | -1.1 | - | - | - | - |
| Pretax Income | -54.72 | -111.94 | -112.98 | -37.71 | -31.4 | -51.13 |
| Income Tax Expense | 11.56 | 5.9 | 1.04 | 1.04 | 1.16 | 0.26 |
| Net Income | -66.28 | -117.84 | -114.02 | -38.76 | -32.56 | -51.39 |
| Preferred Dividends & Other Adjustments | - | - | - | - | - | 12.13 |
| Net Income to Common | -66.28 | -117.84 | -114.02 | -38.76 | -32.56 | -63.53 |
| Shares Outstanding (Basic) | 191 | 181 | 168 | 61 | 21 | 21 |
| Shares Outstanding (Diluted) | 191 | 181 | 168 | 61 | 21 | 21 |
| Shares Change (YoY) | 8.12% | 7.77% | 176.27% | 183.00% | 0.79% | - |
| EPS (Basic) | -0.35 | -0.65 | -0.68 | -0.64 | -1.52 | -2.98 |
| EPS (Diluted) | -0.35 | -0.65 | -0.68 | -0.64 | -1.52 | -2.98 |
| Free Cash Flow | 106.65 | -56.45 | -112.34 | -20.35 | -116.27 | 3.39 |
| Free Cash Flow Per Share | 0.56 | -0.31 | -0.67 | -0.34 | -5.42 | 0.16 |
| Gross Margin | 58.93% | 56.49% | 49.98% | 48.29% | 47.13% | 42.08% |
| Operating Margin | -5.53% | -11.65% | -17.99% | -8.66% | -11.36% | -39.98% |
| Profit Margin | -5.63% | -12.48% | -17.45% | -8.45% | -12.67% | -50.19% |
| Free Cash Flow Margin | 9.06% | -5.98% | -17.19% | -4.44% | -45.25% | 2.68% |
| EBITDA | -58.64 | -103.81 | -114.18 | -36.95 | -26.72 | -48.84 |
| EBITDA Margin | -4.98% | -10.99% | -17.47% | -8.06% | -10.40% | -38.59% |
| D&A For EBITDA | 6.44 | 6.19 | 3.39 | 2.78 | 2.46 | 1.76 |
| EBIT | -65.07 | -110 | -117.57 | -39.72 | -29.18 | -50.6 |
| EBIT Margin | -5.53% | -11.65% | -17.99% | -8.66% | -11.36% | -39.98% |
| Advertising Expenses | - | 181.3 | 139.3 | 102.9 | 62 | 33 |
Source: S&P Capital IQ. Standard template. Financial Sources.