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.
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 HistoryEnterprise 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 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 | -0.11% |
| FCF Yield | 8.62% |
Dividend DetailsAnalyst 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 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 |