Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $3.47 billion. The enterprise value is $3.00 billion.
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 (%) | 5.58% |
| Owned by Institutions (%) | 66.15% |
| Float | 167.08M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 21.99 |
| PS Ratio | 2.48 |
| Forward PS | 2.05 |
| PB Ratio | 4.79 |
| P/TBV Ratio | 5.25 |
| P/FCF Ratio | 9.50 |
| P/OCF Ratio | 9.03 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 634.07, with an EV/FCF ratio of 8.20.
| EV / Earnings | n/a |
| EV / Sales | 2.21 |
| EV / EBITDA | 634.07 |
| EV / EBIT | n/a |
| EV / FCF | 8.20 |
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 +25.85% in the last 52 weeks. The beta is 0.13, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.13 |
| 52-Week Price Change | +25.85% |
| 50-Day Moving Average | 20.41 |
| 200-Day Moving Average | 20.45 |
| Relative Strength Index (RSI) | 27.22 |
| Average Volume (20 Days) | 3,653,486 |
Short Selling Information
The latest short interest is 13.97 million, so 6.85% of the outstanding shares have been sold short.
| Short Interest | 13.97M |
| Short Previous Month | 10.32M |
| Short % of Shares Out | 6.85% |
| Short % of Float | 8.36% |
| 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 StatementBalance 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 SheetCash 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 StatementMargins
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 | -0.13% |
| FCF Yield | 10.53% |
Dividend DetailsAnalyst Forecast
The average price target for Remitly Global is $27.40, which is 61.03% higher than the current price. The consensus rating is "Buy".
| Price Target | $27.40 |
| Price Target Difference | 61.03% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 19.53% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair 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 |
