Remitly Global Inc
General ticker "RELY" information:
- Sector: Financials
- Industry: Financial Services
- Capitalization: $4.1B
Remitly Global Inc follows the US Stock Market performance with the rate: 6.1%.
Estimated limits based on current volatility of 2.4%: low 21.66$, high 22.73$
Factors to consider:
- US accounted for 66.9% of revenue in the fiscal year ended 2023-12-31
- 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [15.54$, 26.36$]
- 2024-12-30 to 2025-12-30 estimated range: [16.12$, 27.45$]
Financial Metrics affecting the RELY estimates:
- Negative: Non-GAAP EPS, $ of -0.66 <= 0.10
- Negative: Operating profit margin, % of -10.79 <= 1.03
- Negative: Operating cash flow per share per price, % of -1.48 <= 2.35
- Positive: -0.96 < Investing cash flow per share, $ of -0.28
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Inventory ratio change, % of -17.56 <= -1.03
Short-term RELY quotes
Long-term RELY plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $458.61MM | $653.56MM | $944.28MM |
| Operating Expenses | $498.33MM | $774.60MM | $1,058.48MM |
| Operating Income | $-39.72MM | $-121.04MM | $-114.19MM |
| Non-Operating Income | $2.01MM | $8.06MM | $2.26MM |
| Interest Expense | $1.26MM | $1.30MM | $2.35MM |
| R&D Expense | $64.09MM | $138.72MM | $219.94MM |
| Income(Loss) | $-37.71MM | $-112.98MM | $-111.94MM |
| Taxes | $1.04MM | $1.04MM | $5.90MM |
| Profit(Loss) | $-38.76MM | $-114.02MM | $-117.84MM |
| Stockholders Equity | $480.33MM | $480.09MM | $529.34MM |
| Inventory | $119.63MM | $158.06MM | $0.00MM |
| Assets | $625.66MM | $695.95MM | $1,036.31MM |
| Operating Cash Flow | $-18.39MM | $-105.14MM | $-53.59MM |
| Capital expenditure | $4.53MM | $7.06MM | $9.10MM |
| Investing Cash Flow | $-4.53MM | $-7.31MM | $-50.04MM |
| Financing Cash Flow | $238.20MM | $11.07MM | $126.65MM |
| Earnings Per Share* | $-0.24 | $-0.68 | $-0.65 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.