Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
20.86
+0.07 (0.34%)
Jun 5, 2025, 11:53 AM - Market open

Remitly Global Statistics

Total Valuation

Remitly Global has a market cap or net worth of $4.25 billion. The enterprise value is $3.77 billion.

Market Cap 4.25B
Enterprise Value 3.77B

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 (%) 5.57%
Owned by Institutions (%) 65.91%
Float 167.06M

Valuation Ratios

PE Ratio n/a
Forward PE 23.61
PS Ratio 3.03
Forward PS 2.51
PB Ratio 5.86
P/TBV Ratio 6.42
P/FCF Ratio 11.61
P/OCF Ratio 11.03
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 796.94, with an EV/FCF ratio of 10.31.

EV / Earnings n/a
EV / Sales 2.78
EV / EBITDA 796.94
EV / EBIT n/a
EV / FCF 10.31

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 +60.29% 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 +60.29%
50-Day Moving Average 21.11
200-Day Moving Average 19.68
Relative Strength Index (RSI) 41.43
Average Volume (20 Days) 3,309,241

Short Selling Information

The latest short interest is 8.54 million, so 4.19% of the outstanding shares have been sold short.

Short Interest 8.54M
Short Previous Month 7.27M
Short % of Shares Out 4.19%
Short % of Float 5.11%
Short Ratio (days to cover) 3.02

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 -0.11%
FCF Yield 8.62%
Dividend Details

Analyst Forecast

The average price target for Remitly Global is $27.40, which is 31.35% higher than the current price. The consensus rating is "Buy".

Price Target $27.40
Price Target Difference 31.35%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 19.60%
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