Remitly Global, Inc. (RELY)

Remitly Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,545	1,264	944.29	653.56	458.61	256.96
Revenue Growth (YoY)	31.27%	33.85%	44.48%	42.51%	78.48%	103.02%
Cost of Revenue	626.3	514.76	410.89	326.93	237.13	135.84
Gross Profit	918.56	749.2	533.4	326.63	221.47	121.11
Selling, General & Admin	556.62	498.95	410.87	298.76	191.85	105.46
Research & Development	302.38	269.82	219.42	138.72	64.09	40.78
Operating Expenses	882.97	786.82	643.4	444.2	261.2	150.3
Operating Income	35.59	-37.62	-110	-117.57	-39.72	-29.18
Interest Expense	-6.03	-3.24	-2.35	-1.3	-1.26	-1.19
Interest & Investment Income	7.76	8.08	7.45	4.15	0.14	0.27
Currency Exchange Gain (Loss)	-6.3	4.39	-2.6	5.26	3.13	-1.3
Other Non Operating Income (Expenses)	-	-0.4	-0.24	-0.05	-	-
EBT Excluding Unusual Items	31.02	-28.78	-107.74	-109.51	-37.71	-31.4
Merger & Restructuring Charges	-	-0.79	-3.1	-3.46	-	-
Other Unusual Items	-0.68	-0.68	-1.1	-	-	-
Pretax Income	30.34	-30.25	-111.94	-112.98	-37.71	-31.4
Income Tax Expense	9.35	6.73	5.9	1.04	1.04	1.16
Net Income	20.99	-36.98	-117.84	-114.02	-38.76	-32.56
Net Income to Common	20.99	-36.98	-117.84	-114.02	-38.76	-32.56
Shares Outstanding (Basic)	203	195	181	168	61	21
Shares Outstanding (Diluted)	213	195	181	168	61	21
Shares Change (YoY)	11.47%	7.65%	7.78%	176.27%	183.00%	0.79%
EPS (Basic)	0.10	-0.19	-0.65	-0.68	-0.64	-1.52
EPS (Diluted)	0.09	-0.19	-0.65	-0.68	-0.64	-1.52
Free Cash Flow	205.22	188.49	-56.45	-112.34	-20.35	-116.27
Free Cash Flow Per Share	0.96	0.97	-0.31	-0.67	-0.34	-5.42
Gross Margin	59.46%	59.27%	56.49%	49.98%	48.29%	47.13%
Operating Margin	2.30%	-2.98%	-11.65%	-17.99%	-8.66%	-11.36%
Profit Margin	1.36%	-2.93%	-12.48%	-17.45%	-8.45%	-12.67%
Free Cash Flow Margin	13.28%	14.91%	-5.98%	-17.19%	-4.44%	-45.25%
EBITDA	48.83	-27.63	-101.41	-114.18	-36.95	-26.72
EBITDA Margin	3.16%	-2.19%	-10.74%	-17.47%	-8.06%	-10.40%
D&A For EBITDA	13.24	9.99	8.59	3.39	2.78	2.46
EBIT	35.59	-37.62	-110	-117.57	-39.72	-29.18
EBIT Margin	2.30%	-2.98%	-11.65%	-17.99%	-8.66%	-11.36%
Advertising Expenses	-	225.4	181.3	139.3	102.9	62

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q