Remitly Global, Inc. (RELY)

Evaluation: Based on all recent filings, financial statements, and news.

See full evaluation
Ask a question about Remitly Global, Inc. (RELY)
Company Performance

Current Price

as of Oct 10, 2024

$12.69

P/E Ratio

N/A

Market Cap

$2.48B

Description

Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company was founded by Matthew B. Oppenheimer and Joshua Hug on October 3, 2018 and is headquartered in Seattle, WA.

Metrics

Overview

  • HQSeattle, WA
  • SectorCommercial Services
  • IndustryMiscellaneous Commercial Services
  • TickerRELY
  • Price$12.69-1.09%

Trading Information

  • Market Cap$2.48B
  • Float74.10%
  • Average Daily Volume (1m)1,718,143
  • Average Daily Volume (3m)1,561,507
  • EPS-$0.56

Company

  • Revenue$1.08B
  • Rev Growth (1yr)30.93%
  • Net Income-$12.09M
  • Gross Margin56.81%
  • EBITDA Margin-3.66%
  • EBITDA-$11.21M
  • EV$2.19B
  • EV/Revenue2.02
  • P/EN/A
  • P/S2.27
  • P/B4.28
Documents
SEC Filings
8-K (2024-08-01)
8-K (2024-07-31)
8-K (2024-06-18)
8-K (2024-05-13)
8-K (2024-05-01)
8-K (2024-03-20)
8-K (2024-02-21)
8-K (2023-12-22)
8-K (2023-11-01)
8-K (2023-08-02)
8-K (2023-06-15)
8-K (2023-05-03)
8-K (2023-04-06)
8-K (2023-02-22)
10-Q (2024-07-31)
10-Q (2024-05-01)
10-Q (2023-11-01)
10-Q (2023-08-03)
10-Q (2023-05-08)
10-K (2024-02-23)
10-K (2023-02-28)
Earnings Calls
Earnings Report 2024Q2
Earnings Report 2024Q1
Earnings Report (2023-11-01)
Earnings Report (2023-08-02)
Factset
Factset Business Description
Wikipedia
Remitly
Factset Street Account
StreetAccount Earnings Call Q&A Summary: Remitly Global Q3 ($ 27.59, 0.00) (2023-11-01T23:57:02Z)
Remitly Global reports Q3 adjusted EBITDA $10.5M vs FactSet $7.6M [5 est, $5.7-11.4M] ($27.53, 0.00) (2023-11-01T20:15:08Z)
Remitly Global downgraded to peer perform from outperform at Wolfe Research ($21.54, 0.00) (2023-12-01T13:34:38Z)