Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $4.00 billion. The enterprise value is $3.65 billion.
Important Dates
The next estimated earnings date is Monday, May 5, 2025, after market close.
| Earnings Date | May 5, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 200.61 million shares outstanding. The number of shares has increased by 7.65% in one year.
| Current Share Class | 200.61M |
| Shares Outstanding | 200.61M |
| Shares Change (YoY) | +7.65% |
| Shares Change (QoQ) | -3.02% |
| Owned by Insiders (%) | 5.76% |
| Owned by Institutions (%) | 62.50% |
| Float | 151.70M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 23.19 |
| PS Ratio | 3.07 |
| Forward PS | 2.48 |
| PB Ratio | 6.01 |
| P/TBV Ratio | 6.66 |
| P/FCF Ratio | 21.21 |
| P/OCF Ratio | 20.56 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.88 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 19.35 |
Financial Position
The company has a current ratio of 2.73, with a Debt / Equity ratio of 0.02.
| Current Ratio | 2.73 |
| Quick Ratio | 1.77 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | n/a |
| Debt / FCF | 0.09 |
| Interest Coverage | -11.61 |
Financial Efficiency
Return on equity (ROE) is -6.19% and return on invested capital (ROIC) is -3.47%.
| Return on Equity (ROE) | -6.19% |
| Return on Assets (ROA) | -2.29% |
| Return on Invested Capital (ROIC) | -3.47% |
| Return on Capital Employed (ROCE) | -5.50% |
| Revenue Per Employee | $451,415 |
| Profits Per Employee | -$13,206 |
| Employee Count | 2,800 |
| Asset Turnover | 1.23 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Remitly Global has paid $6.73 million in taxes.
| Income Tax | 6.73M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +9.21% in the last 52 weeks. The beta is 0.15, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.15 |
| 52-Week Price Change | +9.21% |
| 50-Day Moving Average | 22.00 |
| 200-Day Moving Average | 18.35 |
| Relative Strength Index (RSI) | 44.40 |
| Average Volume (20 Days) | 1,859,037 |
Short Selling Information
The latest short interest is 8.10 million, so 4.04% of the outstanding shares have been sold short.
| Short Interest | 8.10M |
| Short Previous Month | 9.38M |
| Short % of Shares Out | 4.04% |
| Short % of Float | 5.34% |
| Short Ratio (days to cover) | 2.98 |
Income Statement
In the last 12 months, Remitly Global had revenue of $1.26 billion and -$36.98 million in losses. Loss per share was -$0.19.
| Revenue | 1.26B |
| Gross Profit | 749.20M |
| Operating Income | -37.62M |
| Pretax Income | n/a |
| Net Income | -36.98M |
| EBITDA | -27.63M |
| EBIT | -37.62M |
| Loss Per Share | -$0.19 |
Full Income StatementBalance Sheet
The company has $368.10 million in cash and $16.29 million in debt, giving a net cash position of $351.81 million or $1.75 per share.
| Cash & Cash Equivalents | 368.10M |
| Total Debt | 16.29M |
| Net Cash | 351.81M |
| Net Cash Per Share | $1.75 |
| Equity (Book Value) | 665.47M |
| Book Value Per Share | 3.32 |
| Working Capital | 568.51M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $194.49 million and capital expenditures -$6.00 million, giving a free cash flow of $188.49 million.
| Operating Cash Flow | 194.49M |
| Capital Expenditures | -6.00M |
| Free Cash Flow | 188.49M |
| FCF Per Share | $0.94 |
Full Cash Flow StatementMargins
Gross margin is 59.27%, with operating and profit margins of -2.98% and -2.93%.
| Gross Margin | 59.27% |
| Operating Margin | -2.98% |
| Pretax Margin | -2.39% |
| Profit Margin | -2.93% |
| EBITDA Margin | -2.19% |
| EBIT Margin | -2.98% |
| FCF Margin | 14.91% |
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 | -7.65% |
| Shareholder Yield | n/a |
| Earnings Yield | -0.92% |
| FCF Yield | 4.71% |
Dividend DetailsAnalyst Forecast
The average price target for Remitly Global is $28.13, which is 41.14% higher than the current price. The consensus rating is "Buy".
| Price Target | $28.13 |
| Price Target Difference | 41.14% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 19.60% |
| 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 6.58 and a Piotroski F-Score of 5.
| Altman Z-Score | 6.58 |
| Piotroski F-Score | 5 |