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Remitly Global (RELY)
NASDAQ:RELY
Total Valuation
Remitly Global has a market cap or net worth of $4.09B. The enterprise value is $4.14B.
Market Cap$4.09B
Enterprise Value$4.14B
Share Statistics
Remitly Global has 200.61M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding200.61M
Owned by Insiders5.79%
Owned by Instutions40.12%
Financial Efficiency
Remitly Global’s return on equity (ROE) is -0.06 and return on invested capital (ROIC) is -6.91%.
Return on Equity (ROE)-5.56%
Return on Assets (ROA)-3.65%
Return on Invested Capital (ROIC)-6.91%
Return on Capital Employed (ROCE)-5.72%
Revenue Per Employee$451,415.357
Profits Per Employee-$13,206.429
Employee Count2,800
Asset Turnover1.25
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Remitly Global is -118.80. Remitly Global’s PEG ratio is 1.68.
PE Ratio-118.80
PS Ratio3.48
PB Ratio6.60
Price to Fair Value6.60
Price to FCF23.31
Price to Operating Cash Flow22.59
PEG Ratio1.68
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$765.68M
Operating Income-$39.09M
Pretax Income-$30.25M
Net Income-$36.98M
EBITDA-13.80M
Earnings Per Share (EPS)-0.19
Cash Flow
In the last 12 months, operating cash flow was $194.49M and capital expenditures -$8.41M, giving a free cash flow of $186.07M billion.
Operating Cash Flow$194.49M
Free Cash Flow$186.07M
Free Cash Flow per Share$0.93
Dividends & Yields
Remitly Global pays an annual dividend of , resulting in a dividend yield of
Dividend Per Share
Dividend Yield
Payout Ratio
Free Cash Flow Yield4.29%
Earnings Yield-0.84%
Stock Price Statistics
Beta0.43
52-Week Price Change11.73%
50-Day Moving Average22.27
200-Day Moving Average18.23
Relative Strength Index (RSI)47.55
Average Volume (3m)2.53M
Important Dates
Remitly Global upcoming earnings date is Apr 30, 2025, After Close.
Last Earnings DateFeb 19, 2025
Next Earnings DateApr 30, 2025
Ex-Dividend Date―
Financial Position
Remitly Global as a current ratio of 2.73, with Debt / Equity ratio of 0.02
Current Ratio2.73
Quick Ratio2.73
Debt to Market Cap<0.01
Net Debt to EBITDA22.79
Interest Coverage Ratio-12.06
Taxes
In the past 12 months, Remitly Global has paid $6.73M in taxes.
Income Tax$6.73M
Effective Tax Rate-22.24%
Enterprise Valuation
Remitly Global EV to EBITDA ratio is -261.78, with an EV/FCF ratio of 21.44.
EV to Sales3.20
EV to EBITDA-261.78
EV to Free Cash Flow21.44
EV to Operating Cash Flow20.78
Balance Sheet
Remitly Global has $562.06M in cash and marketable securities with $16.29M in debt, giving a net cash position of -$545.78M billion.
Cash & Marketable Securities$562.06M
Total Debt$16.29M
Net Cash-$545.78M
Net Cash Per Share-$2.72
Tangible Book Value Per Share$3.08
Margins
Gross margin is 59.21%, with operating margin of -3.09%, and net profit margin of -2.93%.
Gross Margin59.21%
Operating Margin-3.09%
Pretax Margin-2.39%
Net Profit Margin-2.93%
EBITDA Margin-1.22%
EBIT Margin-2.65%
Analyst Forecast
The average price target for Remitly Global is $28.43, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$28.43
Price Target Upside39.43%
Analyst ConsensusStrong Buy
Analyst Count7
Revenue Growth Forecast33.85%
EPS Growth Forecast70.39%