Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $4.07 billion. The enterprise value is $3.74 billion.
Important Dates
The last earnings date was Wednesday, October 30, 2024, after market close.
| Earnings Date | Oct 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 198.06 million shares outstanding. The number of shares has increased by 8.12% in one year.
| Current Share Class | 198.06M |
| Shares Outstanding | 198.06M |
| Shares Change (YoY) | +8.12% |
| Shares Change (QoQ) | +6.10% |
| Owned by Insiders (%) | 5.82% |
| Owned by Institutions (%) | 56.36% |
| Float | 136.60M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 29.28 |
| PS Ratio | 3.33 |
| Forward PS | 2.71 |
| PB Ratio | 6.42 |
| P/TBV Ratio | 7.19 |
| P/FCF Ratio | 38.00 |
| P/OCF Ratio | 36.70 |
| PEG Ratio | 0.32 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.18 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 35.08 |
Financial Position
The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.02.
| Current Ratio | 2.66 |
| Quick Ratio | 1.91 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | n/a |
| Debt / FCF | 0.13 |
| Interest Coverage | -21.27 |
Financial Efficiency
Return on equity (ROE) is -11.46% and return on invested capital (ROIC) is -6.87%.
| Return on Equity (ROE) | -11.46% |
| Return on Assets (ROA) | -4.51% |
| Return on Capital (ROIC) | -6.87% |
| Revenue Per Employee | $435,861 |
| Profits Per Employee | -$24,546 |
| Employee Count | 2,700 |
| Asset Turnover | 1.31 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Remitly Global has paid $11.56 million in taxes.
| Income Tax | 11.56M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -7.34% in the last 52 weeks. The beta is 0.03, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.03 |
| 52-Week Price Change | -7.34% |
| 50-Day Moving Average | 15.62 |
| 200-Day Moving Average | 15.82 |
| Relative Strength Index (RSI) | 78.25 |
| Average Volume (20 Days) | 2,659,193 |
Short Selling Information
The latest short interest is 10.51 million, so 5.31% of the outstanding shares have been sold short.
| Short Interest | 10.51M |
| Short Previous Month | 9.85M |
| Short % of Shares Out | 5.31% |
| Short % of Float | 7.70% |
| Short Ratio (days to cover) | 5.86 |
Income Statement
In the last 12 months, Remitly Global had revenue of $1.18 billion and -$66.28 million in losses. Loss per share was -$0.35.
| Revenue | 1.18B |
| Gross Profit | 693.47M |
| Operating Income | -65.07M |
| Pretax Income | -93.88M |
| Net Income | -66.28M |
| EBITDA | -58.64M |
| EBIT | -65.07M |
| Loss Per Share | -$0.35 |
Full Income StatementBalance Sheet
The company has $324.43 million in cash and $13.68 million in debt, giving a net cash position of $310.75 million or $1.57 per share.
| Cash & Cash Equivalents | 324.43M |
| Total Debt | 13.68M |
| Net Cash | 310.75M |
| Net Cash Per Share | $1.57 |
| Equity (Book Value) | 630.82M |
| Book Value Per Share | 3.19 |
| Working Capital | 537.16M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $110.43 million and capital expenditures -$3.78 million, giving a free cash flow of $106.65 million.
| Operating Cash Flow | 110.43M |
| Capital Expenditures | -3.78M |
| Free Cash Flow | 106.65M |
| FCF Per Share | $0.54 |
Full Cash Flow StatementMargins
Gross margin is 58.93%, with operating and profit margins of -5.53% and -5.63%.
| Gross Margin | 58.93% |
| Operating Margin | -5.53% |
| Pretax Margin | -4.65% |
| Profit Margin | -5.63% |
| EBITDA Margin | -4.98% |
| EBIT Margin | -5.53% |
| FCF Margin | -2.20% |
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 | -8.12% |
| Shareholder Yield | -8.12% |
| Earnings Yield | -1.64% |
| FCF Yield | 2.63% |
Dividend DetailsAnalyst Forecast
The average price target for Remitly Global is $22.75, which is 10.68% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.75 |
| Price Target Difference | 10.68% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 23.09% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 6.75 and a Piotroski F-Score of 5.
| Altman Z-Score | 6.75 |
| Piotroski F-Score | 5 |