Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $2.54 billion. The enterprise value is $2.42 billion.
| Market Cap | 2.54B |
| Enterprise Value | 2.42B |
Important Dates
The next confirmed earnings date is Wednesday, July 31, 2024, after market close.
| Earnings Date | Jul 31, 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 (%) | 6.36% |
| Owned by Institutions (%) | 79.38% |
| Float | 142.86M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.52 |
| Forward PS | 1.89 |
| PB Ratio | 4.63 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.40 |
| 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 -30.22% in the last 52 weeks. The beta is 0.09, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.09 |
| 52-Week Price Change | -30.22% |
| 50-Day Moving Average | 13.11 |
| 200-Day Moving Average | 18.52 |
| Relative Strength Index (RSI) | 53.91 |
| Average Volume (20 Days) | 2,602,871 |
Short Selling Information
The latest short interest is 11.20 million, so 5.82% of the outstanding shares have been sold short.
| Short Interest | 11.20M |
| Short Previous Month | 9.10M |
| Short % of Shares Out | 5.82% |
| Short % of Float | 7.84% |
| Short Ratio (days to cover) | 5.19 |
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 | -4.35% |
| FCF Yield | -4.80% |
Analyst Forecast
The average price target for Remitly Global is $23.67, which is 79.18% higher than the current price. The consensus rating is "Buy".
| Price Target | $23.67 |
| Price Target Difference | 79.18% |
| 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 3.51 and a Piotroski F-Score of 2.
| Altman Z-Score | 3.51 |
| Piotroski F-Score | 2 |