Remitly Operating Income from 2010 to 2024

RELY Stock  USD 20.68  0.22  1.08%   
Remitly Global Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Remitly Global generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2002-12-31
Previous Quarter
-15.8 M
Current Value
368 K
Quarterly Volatility
162.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Remitly Global's Operating Income Growth Pattern

Below is the plot of the Operating Income of Remitly Global over the last few years. Operating Income is the amount of profit realized from Remitly Global operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Remitly Global is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Remitly Global's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Remitly Operating Income Regression Statistics

Arithmetic Mean(40,718,883)
Geometric Mean30,925,106
Coefficient Of Variation(153.25)
Mean Deviation47,731,742
Median(39,722,000)
Standard Deviation62,400,999
Sample Variance3893.9T
Range231.5M
R-Value(0.78)
Mean Square Error1674.5T
R-Squared0.60
Significance0.0007
Slope(10,814,371)
Total Sum of Squares54514.4T

Remitly Operating Income History

2024-108.5 M
2023-114.2 M
2022-121 M
2021-39.7 M
2020-29.2 M
2018-50.6 M
2017-129.3 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Operating 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
Operating Income-114.2 M-108.5 M

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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.