Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $3.42 billion. The enterprise value is $3.17 billion.
| Market Cap | 3.42B |
| Enterprise Value | 3.17B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 188.51 million shares outstanding. The number of shares has increased by 7.77% in one year.
| Shares Outstanding | 188.51M |
| Shares Change (YoY) | +7.77% |
| Shares Change (QoQ) | +2.08% |
| Owned by Insiders (%) | 7.57% |
| Owned by Institutions (%) | 78.43% |
| Float | 138.13M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.55 |
| Forward PS | 2.64 |
| PB Ratio | 6.33 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.36 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.54, with a Debt / Equity ratio of 0.27.
| Current Ratio | 2.54 |
| Quick Ratio | 1.92 |
| Debt / Equity | 0.27 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -46.59 |
Financial Efficiency
Return on equity (ROE) is -22.80% and return on invested capital (ROIC) is -16.99%.
| Return on Equity (ROE) | -22.80% |
| Return on Assets (ROA) | -14.00% |
| Return on Capital (ROIC) | -16.99% |
| Revenue Per Employee | $349,735 |
| Profits Per Employee | -$43,644 |
| Employee Count | 2,700 |
| Asset Turnover | 1.12 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Remitly Global has paid $5.90 million in taxes.
| Income Tax | 5.90M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +5.96% in the last 52 weeks. The beta is 0.16, so Remitly Global's price volatility has been lower than the market average.
| Beta (1Y) | 0.16 |
| 52-Week Price Change | +5.96% |
| 50-Day Moving Average | 19.98 |
| 200-Day Moving Average | 21.25 |
| Relative Strength Index (RSI) | 31.50 |
| Average Volume (30 Days) | 1,247,201 |
Short Selling Information
The latest short interest is 6.95 million, so 3.69% of the outstanding shares have been sold short.
| Short Interest | 6.95M |
| Short Previous Month | 6.52M |
| Short % of Shares Out | 3.69% |
| Short % of Float | 5.03% |
| Short Ratio (days to cover) | 6.82 |
Income Statement
In the last 12 months, Remitly Global had revenue of $944.29 million and -$117.84 million in losses. Loss per share was -$0.65.
| Revenue | 944.29M |
| Gross Profit | 615.17M |
| Operating Income | -114.20M |
| Pretax Income | -111.94M |
| Net Income | -117.84M |
| EBITDA | -96.47M |
| EBIT | -109.59M |
| Loss Per Share | -$0.65 |
Balance Sheet
The company has $323.71 million in cash and $142.99 million in debt, giving a net cash position of $180.72 million or $0.96 per share.
| Cash & Cash Equivalents | 323.71M |
| Total Debt | 142.99M |
| Net Cash | 180.72M |
| Net Cash Per Share | $0.96 |
| Equity / Book Value | 529.34M |
| Book Value Per Share | 2.81 |
| Working Capital | 565.28M |
Cash Flow
In the last 12 months, operating cash flow was -$53.59 million and capital expenditures -$9.10 million, giving a free cash flow of -$62.69 million.
| Operating Cash Flow | -53.59M |
| Capital Expenditures | -9.10M |
| Free Cash Flow | -62.69M |
| FCF Per Share | -$0.35 |
Margins
Gross margin is 65.15%, with operating and profit margins of -12.09% and -12.48%.
| Gross Margin | 65.15% |
| Operating Margin | -12.09% |
| Pretax Margin | -11.85% |
| Profit Margin | -12.48% |
| EBITDA Margin | -10.22% |
| EBIT Margin | -11.61% |
| FCF Margin | -6.64% |
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 | -7.77% |
| Shareholder Yield | -7.77% |
| Earnings Yield | -3.52% |
| FCF Yield | -1.87% |
Analyst Forecast
The average price target for Remitly Global is $26.90, which is 48.29% higher than the current price. The consensus rating is "Buy".
| Price Target | $26.90 |
| Price Target Difference | 48.29% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| 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 4.52 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.52 |
| Piotroski F-Score | 3 |