Remitly Global Inc. (RELY)
Remitly Global Statistics
Share Statistics
Remitly Global has 200.61M shares outstanding. The number of shares has increased by 5.07% in one year.
| Shares Outstanding | 200.61M |
| Shares Change (YoY) | 5.07% |
| Shares Change (QoQ) | 1.5% |
| Owned by Institutions (%) | 81.59% |
| Shares Floating | 149.4M |
| Failed to Deliver (FTD) Shares | 102 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 7M, so 3.53% of the outstanding shares have been sold short.
| Short Interest | 7M |
| Short % of Shares Out | 3.53% |
| Short % of Float | 4.77% |
| Short Ratio (days to cover) | 5.08 |
Valuation Ratios
The PE ratio is -118.8 and the forward PE ratio is 29.32. Remitly Global's PEG ratio is 1.68.
| PE Ratio | -118.8 |
| Forward PE | 29.32 |
| PS Ratio | 3.48 |
| Forward PS | 1.7 |
| PB Ratio | 6.6 |
| P/FCF Ratio | 23.31 |
| PEG Ratio | 1.68 |
Enterprise Valuation
Remitly Global Inc. has an Enterprise Value (EV) of 3.33B.
| EV / Earnings | -90.07 |
| EV / Sales | 2.64 |
| EV / EBITDA | -215.75 |
| EV / EBIT | -85.22 |
| EV / FCF | 17.67 |
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 |
| Total Debt / Capitalization | 2.39 |
| Cash Flow / Debt | 11.94 |
| Interest Coverage | -12.06 |
Financial Efficiency
Return on equity (ROE) is -0.06% and return on capital (ROIC) is -7.01%.
| Return on Equity (ROE) | -0.06% |
| Return on Assets (ROA) | -0.04% |
| Return on Capital (ROIC) | -7.01% |
| 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 | -0.22 |
Stock Price Statistics
The stock price has increased by 0.96% in the last 52 weeks. The beta is 0.07, so Remitly Global's price volatility has been higher than the market average.
| Beta | 0.07 |
| 52-Week Price Change | 0.96% |
| 50-Day Moving Average | 22.99 |
| 200-Day Moving Average | 17.8 |
| Relative Strength Index (RSI) | 43.78 |
| Average Volume (20 Days) | 2.19M |
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 | -15.44M |
| EBIT | -39.09M |
| Earnings Per Share (EPS) | -0.19 |
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 | 1.01B |
| Working Capital | 568.51M |
Cash Flow
In the last 12 months, operating cash flow was 194.49M and capital expenditures -6M, giving a free cash flow of 188.49M.
| Operating Cash Flow | 194.49M |
| Capital Expenditures | -6M |
| Free Cash Flow | 188.49M |
| FCF Per Share | 0.97 |
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 | -1.22% |
| EBIT Margin | -3.09% |
| FCF Margin | 14.91% |
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 | -0.91% |
| FCF Yield | 4.49% |
Analyst Forecast
The average price target for RELY is $29.5, which is 40.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $29.5 |
| Price Target Difference | 40.9% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Scores
| Altman Z-Score | 8.42 |
| Piotroski F-Score | 5 |