Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $4.44 billion. The enterprise value is $3.83 billion.
| Market Cap | 4.44B |
| Enterprise Value | 3.83B |
Important Dates
The next estimated earnings date is Wednesday, August 5, 2026, after market close.
| Earnings Date | Aug 5, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 210.56 million shares outstanding. The number of shares has increased by 9.92% in one year.
| Current Share Class | 210.56M |
| Shares Outstanding | 210.56M |
| Shares Change (YoY) | +9.92% |
| Shares Change (QoQ) | +0.69% |
| Owned by Insiders (%) | 5.76% |
| Owned by Institutions (%) | 77.79% |
| Float | 184.99M |
Valuation Ratios
The trailing PE ratio is 43.06 and the forward PE ratio is 14.82. Remitly Global's PEG ratio is 0.23.
| PE Ratio | 43.06 |
| Forward PE | 14.82 |
| PS Ratio | 2.57 |
| Forward PS | 2.16 |
| PB Ratio | 4.89 |
| P/TBV Ratio | 5.22 |
| P/FCF Ratio | 14.74 |
| P/OCF Ratio | 13.62 |
| PEG Ratio | 0.23 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.65, with an EV/FCF ratio of 12.72.
| EV / Earnings | 36.29 |
| EV / Sales | 2.22 |
| EV / EBITDA | 26.65 |
| EV / EBIT | 29.37 |
| EV / FCF | 12.72 |
Financial Position
The company has a current ratio of 2.84, with a Debt / Equity ratio of 0.04.
| Current Ratio | 2.84 |
| Quick Ratio | 2.20 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.26 |
| Debt / FCF | 0.13 |
| Interest Coverage | 14.92 |
Financial Efficiency
Return on equity (ROE) is 12.95% and return on invested capital (ROIC) is 31.06%.
| Return on Equity (ROE) | 12.95% |
| Return on Assets (ROA) | 6.56% |
| Return on Invested Capital (ROIC) | 31.06% |
| Return on Capital Employed (ROCE) | 13.79% |
| Weighted Average Cost of Capital (WACC) | 6.41% |
| Revenue Per Employee | $539,477 |
| Profits Per Employee | $33,011 |
| Employee Count | 3,200 |
| Asset Turnover | 1.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Remitly Global has paid $3.13 million in taxes.
| Income Tax | 3.13M |
| Effective Tax Rate | 2.88% |
Stock Price Statistics
The stock price has increased by +2.23% in the last 52 weeks. The beta is 0.37, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.37 |
| 52-Week Price Change | +2.23% |
| 50-Day Moving Average | 20.76 |
| 200-Day Moving Average | 16.53 |
| Relative Strength Index (RSI) | 57.71 |
| Average Volume (20 Days) | 4,550,219 |
Short Selling Information
The latest short interest is 14.28 million, so 6.78% of the outstanding shares have been sold short.
| Short Interest | 14.28M |
| Short Previous Month | 13.74M |
| Short % of Shares Out | 6.78% |
| Short % of Float | 7.72% |
| Short Ratio (days to cover) | 2.41 |
Income Statement
In the last 12 months, Remitly Global had revenue of $1.73 billion and earned $105.63 million in profits. Earnings per share was $0.49.
| Revenue | 1.73B |
| Gross Profit | 1.05B |
| Operating Income | 130.51M |
| Pretax Income | 108.76M |
| Net Income | 105.63M |
| EBITDA | 143.84M |
| EBIT | 130.51M |
| Earnings Per Share (EPS) | $0.49 |
Balance Sheet
The company has $649.06 million in cash and $39.30 million in debt, with a net cash position of $609.76 million or $2.90 per share.
| Cash & Cash Equivalents | 649.06M |
| Total Debt | 39.30M |
| Net Cash | 609.76M |
| Net Cash Per Share | $2.90 |
| Equity (Book Value) | 907.44M |
| Book Value Per Share | 4.31 |
| Working Capital | 808.32M |
Cash Flow
In the last 12 months, operating cash flow was $326.19 million and capital expenditures -$24.80 million, giving a free cash flow of $301.39 million.
| Operating Cash Flow | 326.19M |
| Capital Expenditures | -24.80M |
| Depreciation & Amortization | 13.33M |
| Net Borrowing | n/a |
| Free Cash Flow | 301.39M |
| FCF Per Share | $1.43 |
Margins
Gross margin is 60.79%, with operating and profit margins of 7.56% and 6.12%.
| Gross Margin | 60.79% |
| Operating Margin | 7.56% |
| Pretax Margin | 6.30% |
| Profit Margin | 6.12% |
| EBITDA Margin | 8.33% |
| EBIT Margin | 7.56% |
| FCF Margin | 17.46% |
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 | -9.92% |
| Shareholder Yield | -9.92% |
| Earnings Yield | 2.38% |
| FCF Yield | 6.78% |
Analyst Forecast
The average price target for Remitly Global is $28.56, which is 35.36% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $28.56 |
| Price Target Difference | 35.36% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (3Y) | 19.13% |
| EPS Growth Forecast (3Y) | 23.49% |
Fair 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 | |
| Graham Upside |
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 6.24 and a Piotroski F-Score of 7.
| Altman Z-Score | 6.24 |
| Piotroski F-Score | 7 |