Remitly Global, Inc.
General ticker "RELY" information:
- Sector: Information Technology
- Industry: Software - Infrastructure
- Capitalization: $4.0B (TTM average)
Remitly Global, Inc. does not follow the US Stock Market performance with the rate: -15.9%.
Estimated limits based on current volatility of 1.8%: low 13.39$, high 13.89$
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: Cybersecurity threats, Regulatory and compliance, Third-party risks, Fraud risk, Market competition
- Current price 27.5% below estimated low
- Earnings for 9 months up through Q3 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [17.55$, 30.27$]
- 2025-12-31 to 2026-12-31 estimated range: [18.97$, 32.31$]
Financial Metrics affecting the RELY estimates:
- Negative: with PPE of -118.0 at the end of fiscal year the price was very high
- Positive: -5.02 < Operating profit margin, % of -3.00
- Positive: Industry inventory ratio change (median), % of -0.81 <= -0.18
- Positive: -3.57 < Return on assets ratio (scaled to [-100,100]) of -3.52
- Positive: -9.48 < Industry operating profit margin (median), % of -3.62
- Positive: Shareholder equity ratio, % of 65.70 > 64.17
- Positive: -0.04 < Industry operating cash flow per share per price (median), % of 1.68
- Positive: Inventory ratio change, % of 0 <= 0
Short-term RELY quotes
Long-term RELY plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $653.56MM | $944.28MM | $1,263.96MM |
| Operating Expenses | $774.60MM | $1,058.48MM | $1,303.05MM |
| Operating Income | $-121.04MM | $-114.19MM | $-39.09MM |
| Non-Operating Income | $8.06MM | $2.26MM | $8.84MM |
| Interest Expense | $1.30MM | $2.35MM | $3.24MM |
| R&D Expense | $138.72MM | $219.94MM | $269.82MM |
| Income(Loss) | $-112.98MM | $-111.94MM | $-30.25MM |
| Taxes | $1.04MM | $5.90MM | $6.73MM |
| Profit(Loss)* | $-114.02MM | $-117.84MM | $-36.98MM |
| Stockholders Equity | $480.09MM | $529.34MM | $665.47MM |
| Assets | $695.95MM | $1,036.31MM | $1,012.87MM |
| Operating Cash Flow | $-108.66MM | $-53.59MM | $194.49MM |
| Capital expenditure | $3.68MM | $9.10MM | $17.70MM |
| Investing Cash Flow | $-7.31MM | $-50.04MM | $-17.70MM |
| Financing Cash Flow | $14.59MM | $126.65MM | $-127.44MM |
| Earnings Per Share** | $-0.68 | $-0.65 | $-0.19 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.