Remitly Financial Statements From 2010 to 2024

RELY Stock  USD 20.68  0.22  1.08%   
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
326.6 M
Profit Margin
(0.06)
Market Capitalization
4.1 B
Enterprise Value Revenue
3.1794
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 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 5 B in 2024. Enterprise Value is likely to rise to about 4.8 B in 2024

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 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. 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 Assets984.5 MB971.1 M
Slightly volatile
Short and Long Term Debt Total108.5 M143 M128.3 M
Slightly volatile
Total Current Liabilities385.2 M366.8 M186.8 M
Pretty Stable
Current Deferred Revenue74.2 M66.5 M45.7 M
Pretty Stable
Cash240.7 M323.7 M151.7 M
Slightly volatile
Other Assets5.4 M5.7 M530.7 M
Slightly volatile
Cash And Short Term Investments241.7 M323.7 M153.4 M
Slightly volatile
Liabilities And Stockholders Equity984.5 MB971.1 M
Slightly volatile
Non Current Liabilities Total94.1 M140.1 M95.5 M
Slightly volatile
Other Stockholder Equity1.1 BB488.1 M
Slightly volatile
Total Liabilities481.6 M507 M763.7 M
Slightly volatile
Total Current Assets978.7 M932.1 M356.3 M
Slightly volatile
Short Term Debt8.1 M8.5 M36.1 M
Slightly volatile
Common Stock18.1 K19 K9.1 M
Slightly volatile
Common Stock Shares Outstanding94.2 M180.8 M107 M
Slightly volatile
Accounts Payable34.7 M35.1 M27.9 M
Very volatile
Non Current Assets Total96.1 M104.2 M108.5 M
Pretty Stable
Net Receivables417.7 M397.8 M99.5 M
Slightly volatile
Short Term Investments231.1 M220.1 M62.8 M
Slightly volatile
Intangible Assets20.1 M19.1 M12.6 M
Slightly volatile
Property Plant And Equipment Net24.3 M25.5 M64.7 M
Very volatile
Other Current Assets240.4 M229 M71.6 M
Slightly volatile
Common Stock Total Equity1.7 K1.8 K3.8 M
Pretty Stable
Property Plant And Equipment Gross74.8 M52 M165.4 M
Slightly volatile
Other Liabilities743.9 K1.2 M319.4 K
Slightly volatile
Capital Lease ObligationsM10.5 M8.1 M
Pretty Stable
Short and Long Term Debt2.1 M2.2 M36 M
Slightly volatile
Capital Stock18.1 K19 K227.8 M
Slightly volatile
Non Current Liabilities Other5.9 M5.7 M961.9 K
Slightly volatile
Net Working Capital387 M565.3 M205.4 M
Slightly volatile
Property Plant Equipment18.1 M23.3 M16.6 M
Slightly volatile
Deferred Long Term Liabilities935 K1.4 M634.3 K
Slightly volatile
Long Term Debt104 M117 M127.4 M
Slightly volatile

Remitly Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense2.2 M2.4 M6.5 M
Pretty Stable
Total Revenue558.5 M944.3 M477 M
Slightly volatile
Gross Profit559.3 M532.7 M151.7 M
Slightly volatile
Other Operating Expenses1.1 B1.1 B539.9 M
Slightly volatile
Total Operating Expenses765.8 M729.4 M197 M
Slightly volatile
Selling General Administrative188.3 M179.4 M59.1 M
Slightly volatile
Cost Of Revenue440.7 M411.6 M355.4 M
Pretty Stable
Tax Provision6.2 M5.9 M1.2 M
Slightly volatile
Interest Income7.8 M7.4 M2.1 M
Slightly volatile
Selling And Marketing Expenses141.6 M234.4 M78.5 M
Slightly volatile
Research Development230.9 M219.9 M67.6 M
Slightly volatile
Reconciled DepreciationM13.1 M4.2 M
Slightly volatile

Remitly Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow411 M325 M414.3 M
Slightly volatile
Stock Based Compensation143.8 M137 M28 M
Slightly volatile
Begin Period Cash Flow215.2 M300.7 M134 M
Slightly volatile
Depreciation13.9 M13.1 M15.3 M
Very volatile
Dividends Paid108.2 K113.8 K18.5 M
Very volatile
Change To Netincome117.9 M112.3 M26.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.533.718740.9664
Slightly volatile
Days Sales Outstanding16115472.2675
Slightly volatile
Stock Based Compensation To Revenue0.150.1450.0524
Slightly volatile
Capex To Depreciation0.580.6940.8398
Slightly volatile
EV To Sales3.353.527340.4969
Slightly volatile
Payables Turnover11.1611.743972.2608
Pretty Stable
Sales General And Administrative To Revenue0.230.190.2212
Slightly volatile
Research And Ddevelopement To Revenue0.160.23290.2288
Slightly volatile
Capex To Revenue0.01220.00960.0169
Slightly volatile
Cash Per Share3.051.79022.216
Very volatile
Days Payables Outstanding49.5631.080153.8306
Slightly volatile
Intangibles To Total Assets0.140.07940.1168
Slightly volatile
Current Ratio4.572.54093.245
Pretty Stable
Receivables Turnover2.252.37367.3095
Slightly volatile
Graham Number9.546.55186.4934
Very volatile
Capex Per Share0.04780.05030.2147
Pretty Stable
Revenue Per Share9.055.222310.9558
Very volatile
Interest Debt Per Share0.710.74572.3923
Pretty Stable
Debt To Assets0.230.12780.2065
Slightly volatile
Operating Cycle223137220
Pretty Stable
Days Of Payables Outstanding49.5631.080153.8306
Slightly volatile
Quick Ratio4.142.59112.7085
Pretty Stable
Cash Ratio0.840.88241.8342
Slightly volatile
Cash Conversion Cycle126106163
Pretty Stable
Days Of Sales Outstanding16115472.2675
Slightly volatile
Fixed Asset Turnover55.7836.9869.332
Slightly volatile
Debt Ratio0.230.12780.2065
Slightly volatile
Price Sales Ratio3.533.718740.9664
Slightly volatile
Asset Turnover0.620.91120.8014
Pretty Stable
Gross Profit Margin0.290.56410.3623
Pretty Stable

Remitly Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB3.5 B3.8 B
Pretty Stable
Enterprise Value4.8 B3.3 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 Revenue66.5 M74.2 M
Total Revenue944.3 M558.5 M
Cost Of Revenue411.6 M440.7 M
Stock Based Compensation To Revenue 0.15  0.15 
Sales General And Administrative To Revenue 0.19  0.23 
Research And Ddevelopement To Revenue 0.23  0.16 
Capex To Revenue 0.01  0.01 
Revenue Per Share 5.22  9.05 
Ebit Per Revenue(0.12)(0.13)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.