Remitly Global Inc.

NASDAQ: RELY · Real-Time Price · USD
21.50
0.14 (0.66%)
At close: Jun 02, 2025, 3:59 PM
21.55
0.21%
Pre-market: Jun 03, 2025, 05:06 AM EDT

Remitly Global Statistics

Share Statistics

Remitly Global has 203.86M shares outstanding. The number of shares has increased by 4.22% in one year.

Shares Outstanding 203.86M
Shares Change (YoY) 4.22%
Shares Change (QoQ) 1.29%
Owned by Institutions (%) 81.93%
Shares Floating n/a
Failed to Deliver (FTD) Shares 79
FTD / Avg. Volume n/a

Short Selling Information

The latest short interest is 8.54M, so 4.19% of the outstanding shares have been sold short.

Short Interest 8.54M
Short % of Shares Out 4.19%
Short % of Float 5.5%
Short Ratio (days to cover) 2.52

Valuation Ratios

The PE ratio is -118.8 and the forward PE ratio is 19.44. Remitly Global's PEG ratio is 1.68.

PE Ratio -118.8
Forward PE 19.44
PS Ratio 3.48
Forward PS 1.7
PB Ratio 6.6
P/FCF Ratio 24.85
PEG Ratio 1.68
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Remitly Global.

EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.73, with a Debt / Equity ratio of 0.02.

Current Ratio 2.73
Quick Ratio 2.73
Debt / Equity 0.02
Debt / EBITDA -1.82
Debt / FCF 0.09
Interest Coverage -12.06

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $451,415.36
Profits Per Employee $-13,206.43
Employee Count 2,800
Asset Turnover 1.25
Inventory Turnover n/a

Taxes

Income Tax 6.73M
Effective Tax Rate -22.24%

Stock Price Statistics

The stock price has increased by 65.77% in the last 52 weeks. The beta is 0.16, so Remitly Global's price volatility has been higher than the market average.

Beta 0.16
52-Week Price Change 65.77%
50-Day Moving Average 21.11
200-Day Moving Average 19.61
Relative Strength Index (RSI) 47.42
Average Volume (20 Days) 2,638,204

Income Statement

In the last 12 months, Remitly Global had revenue of 1.26B and earned -36.98M in profits. Earnings per share was -0.19.

Revenue 1.26B
Gross Profit 748.44M
Operating Income -39.09M
Net Income -36.98M
EBITDA -8.96M
EBIT -27.01M
Earnings Per Share (EPS) -0.19
Full Income Statement

Balance Sheet

The company has 368.1M in cash and 16.29M in debt, giving a net cash position of 351.81M.

Cash & Cash Equivalents 368.1M
Total Debt 16.29M
Net Cash 351.81M
Retained Earnings -528.28M
Total Assets 1.1B
Working Capital 626.56M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 194.49M and capital expenditures -17.7M, giving a free cash flow of 176.78M.

Operating Cash Flow 194.49M
Capital Expenditures -17.7M
Free Cash Flow 176.78M
FCF Per Share 0.91
Full Cash Flow Statement

Margins

Gross margin is 59.21%, with operating and profit margins of -3.09% and -2.93%.

Gross Margin 59.21%
Operating Margin -3.09%
Pretax Margin -2.39%
Profit Margin -2.93%
EBITDA Margin -0.71%
EBIT Margin -3.09%
FCF Margin 13.99%

Dividends & Yields

RELY does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for RELY is $28.5, which is 32.6% higher than the current price. The consensus rating is "Buy".

Price Target $28.5
Price Target Difference 32.6%
Analyst Consensus Buy
Analyst Count 8
Stock Forecasts

Scores

Altman Z-Score 8.61
Piotroski F-Score 5