Remitly Global Statistics

Total Valuation

Remitly Global has a market cap or net worth of $3.85 billion. The enterprise value is $3.38 billion.

Market Cap	3.85B
Enterprise Value	3.38B

Important Dates

The next estimated earnings date is Wednesday, July 30, 2025, after market close.

Earnings Date	Jul 30, 2025
Ex-Dividend Date	n/a

Share Statistics

Remitly Global has 203.86 million shares outstanding. The number of shares has increased by 7.11% in one year.

Current Share Class	203.86M
Shares Outstanding	203.86M
Shares Change (YoY)	+7.11%
Shares Change (QoQ)	+9.73%
Owned by Insiders (%)	5.59%
Owned by Institutions (%)	66.12%
Float	167.03M

Valuation Ratios

PE Ratio	n/a
Forward PE	21.48
PS Ratio	2.75
Forward PS	2.28
PB Ratio	5.33
P/TBV Ratio	5.84
P/FCF Ratio	10.56
P/OCF Ratio	10.03
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 715.83, with an EV/FCF ratio of 9.26.

EV / Earnings	n/a
EV / Sales	2.49
EV / EBITDA	715.83
EV / EBIT	n/a
EV / FCF	9.26

Financial Position

The company has a current ratio of 2.78, with a Debt / Equity ratio of 0.03.

Current Ratio	2.78
Quick Ratio	2.08
Debt / Equity	0.03
Debt / EBITDA	1.67
Debt / FCF	0.06
Interest Coverage	-1.65

Financial Efficiency

Return on equity (ROE) is -0.71% and return on invested capital (ROIC) is -0.53%.

Return on Equity (ROE)	-0.71%
Return on Assets (ROA)	-0.36%
Return on Invested Capital (ROIC)	-0.53%
Return on Capital Employed (ROCE)	-0.83%
Revenue Per Employee	$484,453
Profits Per Employee	-$1,624
Employee Count	2,800
Asset Turnover	1.24
Inventory Turnover	n/a

Taxes

In the past 12 months, Remitly Global has paid $9.32 million in taxes.

Income Tax	9.32M
Effective Tax Rate	195.24%

Stock Price Statistics

The stock price has increased by +56.93% in the last 52 weeks. The beta is 0.18, so Remitly Global's price volatility has been lower than the market average.

Beta (5Y)	0.18
52-Week Price Change	+56.93%
50-Day Moving Average	21.02
200-Day Moving Average	20.17
Relative Strength Index (RSI)	37.04
Average Volume (20 Days)	3,496,364

Short Selling Information

The latest short interest is 10.32 million, so 5.06% of the outstanding shares have been sold short.

Short Interest	10.32M
Short Previous Month	7.87M
Short % of Shares Out	5.06%
Short % of Float	6.18%
Short Ratio (days to cover)	3.46

Income Statement

In the last 12 months, Remitly Global had revenue of $1.36 billion and -$4.55 million in losses. Loss per share was -$0.03.

Revenue	1.36B
Gross Profit	806.98M
Operating Income	-6.22M
Pretax Income	n/a
Net Income	-4.55M
EBITDA	4.73M
EBIT	-6.22M
Loss Per Share	-$0.03

Full Income Statement

Balance Sheet

The company has $493.91 million in cash and $21.25 million in debt, giving a net cash position of $472.66 million or $2.32 per share.

Cash & Cash Equivalents	493.91M
Total Debt	21.25M
Net Cash	472.66M
Net Cash Per Share	$2.32
Equity (Book Value)	723.48M
Book Value Per Share	3.55
Working Capital	626.56M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $384.20 million and capital expenditures -$19.02 million, giving a free cash flow of $365.18 million.

Operating Cash Flow	384.20M
Capital Expenditures	-19.02M
Free Cash Flow	365.18M
FCF Per Share	$1.79

Full Cash Flow Statement

Margins

Gross margin is 59.49%, with operating and profit margins of -0.46% and -0.34%.

Gross Margin	59.49%
Operating Margin	-0.46%
Pretax Margin	0.35%
Profit Margin	-0.34%
EBITDA Margin	0.35%
EBIT Margin	-0.46%
FCF Margin	26.92%

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	-7.11%
Shareholder Yield	-7.11%
Earnings Yield	-0.12%
FCF Yield	9.47%

Dividend Details

Analyst Forecast

The average price target for Remitly Global is $27.40, which is 44.90% higher than the current price. The consensus rating is "Buy".

Price Target	$27.40
Price Target Difference	44.90%
Analyst Consensus	Buy
Analyst Count	10
Revenue Growth Forecast (5Y)	19.53%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	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 6.7 and a Piotroski F-Score of 5.

Altman Z-Score	6.7
Piotroski F-Score	5