Remitly Global, Inc.
General ticker "RELY" information:
- Sector: Information Technology
- Industry: Software - Infrastructure
- Capitalization: $3.5B (TTM average)
Remitly Global, Inc. follows the US Stock Market performance with the rate: 42.7%.
Estimated limits based on current volatility of 2.7%: low 23.83$, high 25.14$
Factors to consider:
- Total employees count: 2800 as of 2024
- US accounted for 65.3% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Market competition, Innovation failure, Third-party risks, Cybersecurity threats, Regulatory and compliance
- Current price 15.4% above estimated high
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [12.04$, 20.91$]
- 2026-12-31 to 2027-12-31 estimated range: [12.58$, 21.59$]
Financial Metrics affecting the RELY estimates:
- Positive: with PPE of 44.7 at the end of fiscal year the price was low
- Positive: -5.34 < Operating profit margin, % of 4.74
- Positive: 6.62 < Operating cash flow per share per price, % of 11.05
- Positive: 1.77 < Return on assets ratio (scaled to [-100,100]) of 4.45
- Negative: Investing cash flow per share per price, % of -2.38 <= -0.60
- Negative: 0 < Industry inventory ratio change (median), % of 0.19
- Negative: Industry operating profit margin (median), % of -0.87 <= 2.87
- Positive: 42.57 < Shareholder equity ratio, % of 59.56 <= 64.23
- Negative: 0.01 < Interest expense per share per price, % of 0.26
Short-term RELY quotes
Long-term RELY plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $944.28MM | $1,263.96MM | $1,635.15MM |
| Operating Expenses | $1,058.48MM | $1,303.05MM | $1,557.68MM |
| Operating Income | $-114.19MM | $-39.09MM | $77.47MM |
| Non-Operating Income | $2.26MM | $8.84MM | $-5.84MM |
| Interest Expense | $2.35MM | $3.24MM | $7.61MM |
| R&D Expense | $219.94MM | $269.82MM | $313.91MM |
| Income(Loss) | $-111.94MM | $-30.25MM | $71.63MM |
| Taxes | $5.90MM | $6.73MM | $3.69MM |
| Net Income(Loss)* | $-117.84MM | $-36.98MM | $67.93MM |
| Stockholders Equity | $529.34MM | $665.47MM | $868.79MM |
| Assets | $1,036.31MM | $1,012.87MM | $1,458.71MM |
| Operating Cash Flow | $-53.59MM | $194.49MM | $325.08MM |
| Capital expenditure | $9.10MM | $17.70MM | $29.43MM |
| Investing Cash Flow | $-50.04MM | $-17.70MM | $-69.93MM |
| Financing Cash Flow | $126.65MM | $-127.44MM | $-89.78MM |
| Earnings Per Share** | $-0.65 | $-0.19 | $0.33 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.