Remitly Financial Statements From 2010 to 2025

RELY Stock  USD 23.73  0.06  0.25%   
Remitly Global financial statements provide useful quarterly and yearly information to potential Remitly Global investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Remitly Global financial statements helps investors assess Remitly Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Remitly Global's valuation are summarized below:
Gross Profit
693.5 M
Profit Margin
(0.06)
Market Capitalization
4.7 B
Enterprise Value Revenue
3.7398
Revenue
1.2 B
We have found one hundred twenty available trending fundamental ratios for Remitly Global, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to check out all of Remitly Global recent market performance against the performance between 2010 and 2025 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 5 B in 2025. Enterprise Value is likely to rise to about 4.8 B in 2025

Remitly Global Total Revenue

558.52 Million

Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.3 M, Interest Expense of 2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0 or PTB Ratio of 7.25. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Remitly Global Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets886 M932.7 M962.5 M
Slightly volatile
Short and Long Term Debt Total108.5 M128.7 M128.3 M
Slightly volatile
Total Current Liabilities346.7 M330.2 M193.3 M
Slightly volatile
Cash240.7 M291.3 M160.4 M
Slightly volatile
Other Assets5.4 M5.7 M497.9 M
Slightly volatile
Cash And Short Term Investments241.7 M291.3 M162 M
Slightly volatile
Liabilities And Stockholders Equity886 M932.7 M962.5 M
Slightly volatile
Non Current Liabilities Total94.1 M126.1 M97.5 M
Pretty Stable
Other Stockholder Equity1.2 B1.2 B540.9 M
Slightly volatile
Total Liabilities433.5 M456.3 M741.5 M
Slightly volatile
Total Current Assets1.1 B1.1 B410.2 M
Slightly volatile
Short Term Debt7.3 M7.7 M34.3 M
Slightly volatile
Common Stock16.2 K17.1 K8.5 M
Slightly volatile
Common Stock Shares Outstanding94.2 M162.7 M110.5 M
Slightly volatile
Accounts Payable34.7 M40.3 M28.7 M
Very volatile
Non Current Assets Total96.1 M93.8 M107.6 M
Pretty Stable
Net Receivables482.2 M459.2 M126.1 M
Slightly volatile
Short Term Investments231.1 M220.1 M70.8 M
Slightly volatile
Inventory234.9 M223.7 M92 M
Slightly volatile
Intangible Assets20.1 M19.1 M12.9 M
Slightly volatile
Property Plant And Equipment Net21.8 M23 M62 M
Very volatile
Other Current Assets252.4 M240.4 M81.7 M
Slightly volatile
Common Stock Total Equity1.7 K1.8 K3.6 M
Pretty Stable
Property Plant And Equipment Gross74.8 M46.8 M157.9 M
Slightly volatile
Other Liabilities743.9 K1.2 M365.1 K
Slightly volatile
Capital Lease ObligationsM12.1 M8.4 M
Slightly volatile
Short and Long Term Debt2.1 M2.2 M33.9 M
Slightly volatile
Capital Stock16.2 K17.1 K213.5 M
Slightly volatile
Non Current Liabilities Other6.8 M6.5 M1.4 M
Slightly volatile
Net Working Capital387 M650.1 M233.2 M
Slightly volatile
Property Plant Equipment18.1 M23.3 M16.9 M
Slightly volatile
Deferred Long Term Liabilities935 K1.4 M669.7 K
Slightly volatile
Long Term Debt104 M117 M127.6 M
Slightly volatile

Remitly Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest ExpenseM2.1 M6.2 M
Pretty Stable
Total Revenue558.5 M1.1 B515.1 M
Slightly volatile
Gross Profit643.2 M612.5 M185.7 M
Slightly volatile
Other Operating Expenses1.3 B1.2 B592.7 M
Slightly volatile
Total Operating Expenses781.1 M743.9 M226.9 M
Slightly volatile
Selling General Administrative216.6 M206.3 M70.1 M
Slightly volatile
Cost Of Revenue440.7 M473.4 M362.8 M
Pretty Stable
Tax Provision7.1 M6.8 M1.6 M
Slightly volatile
Interest IncomeM8.6 M2.5 M
Slightly volatile
Selling And Marketing Expenses141.6 M269.6 M90.4 M
Slightly volatile
Research Development265.6 M252.9 M81.4 M
Slightly volatile
Reconciled Depreciation15.8 M15.1 M5.4 M
Slightly volatile

Remitly Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow411 M292.5 M406.6 M
Slightly volatile
Stock Based Compensation165.4 M157.5 M37.4 M
Slightly volatile
Begin Period Cash Flow215.2 M270.7 M142.5 M
Slightly volatile
Depreciation13.9 M11.8 M15.1 M
Very volatile
Dividends Paid108.2 K113.8 K17.3 M
Very volatile
Change To Netincome117.9 M112.3 M30.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.064.2838.7066
Slightly volatile
Days Sales Outstanding14613975.4962
Slightly volatile
Stock Based Compensation To Revenue0.140.130.0567
Slightly volatile
Capex To Depreciation0.580.620.8261
Slightly volatile
EV To Sales3.854.0638.2509
Slightly volatile
Inventory Turnover3.51.863.6908
Very volatile
Days Of Inventory On Hand170203170
Pretty Stable
Payables Turnover10.0410.5768.3351
Pretty Stable
Sales General And Administrative To Revenue0.230.220.2212
Slightly volatile
Research And Ddevelopement To Revenue0.160.210.2277
Slightly volatile
Capex To Revenue0.01220.00870.0164
Pretty Stable
Cash Per Share3.052.062.2062
Very volatile
Days Payables Outstanding49.5635.7452.7
Slightly volatile
Intangibles To Total Assets0.140.07940.1138
Slightly volatile
Current Ratio4.572.923.2247
Pretty Stable
Receivables Turnover2.582.727.0427
Slightly volatile
Graham Number9.547.536.5582
Very volatile
Capex Per Share0.0550.05790.2054
Pretty Stable
Revenue Per Share9.054.710.5648
Very volatile
Interest Debt Per Share0.690.722.3022
Pretty Stable
Debt To Assets0.240.160.2106
Slightly volatile
Operating Cycle224178219
Pretty Stable
Days Of Payables Outstanding49.5635.7452.7
Slightly volatile
Quick Ratio4.142.922.7186
Pretty Stable
Cash Ratio0.961.011.7902
Slightly volatile
Cash Conversion Cycle127111161
Pretty Stable
Days Of Inventory Outstanding170203170
Pretty Stable
Days Of Sales Outstanding14613975.4962
Slightly volatile
Fixed Asset Turnover55.7842.5367.6569
Slightly volatile
Debt Ratio0.240.160.2106
Slightly volatile
Price Sales Ratio4.064.2838.7066
Slightly volatile
Asset Turnover0.620.820.8026
Pretty Stable
Gross Profit Margin0.290.510.3716
Pretty Stable

Remitly Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapBB3.8 B
Pretty Stable
Enterprise Value4.8 B3.8 B3.7 B
Pretty Stable

Remitly Fundamental Market Drivers

Cash And Short Term Investments323.7 M

Remitly Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-635.4 K-603.6 K
Total Revenue1.1 B558.5 M
Cost Of Revenue473.4 M440.7 M
Stock Based Compensation To Revenue 0.13  0.14 
Sales General And Administrative To Revenue 0.22  0.23 
Research And Ddevelopement To Revenue 0.21  0.16 
Capex To Revenue 0.01  0.01 
Revenue Per Share 4.70  9.05 
Ebit Per Revenue(0.14)(0.15)

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.