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Home CompaniesRemitly Global Inc

Remitly Global Inc

Technology Software - Infrastructure
PortfolioPortfolio WatchlistWatchlist
Company price
22.32 USD 0.78 ( 3.60%)
Last update at 2026-11-06T21:26:00Z
VOLUME
3865629
Market Cap
4621.06M
P/E
16.05

Momentum Score

…

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
21.45
Low
22.61
High
52 Week Price Range
12.08
Low
27.48
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Remitly Global Inc runs a digital cross-border payments platform that lets migrants and other customers send remittances and international transfers, earning revenue from fees and FX spreads. Long-term growth may be driven by rising digital adoption in emerging markets, expansion of payout corridors and product diversification into bank deposits and wallets, along with operating leverage from scale.
Investors should monitor intense competition from banks and large fintechs, regulatory and compliance complexity across jurisdictions, FX and country-specific controls that can compress margins, and execution risk in sustaining profitable growth.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
21.55
Dividend Yield
-
Revenue TTM
1809.63M
Revenue Per Share
8.63
Gross Profit TTM
1113.80M
Debt / Equity
0.25
ROE
32.25%
Net Debt
-322.17M
ROCE
7.48%
Diluted EPS TTM
1.36

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 71.63M -30.25M -111.94M -112.98M -37.71M
Net income 67.93M -36.98M -117.84M -114.02M -38.76M
Selling general administrative 225.13M 195.86M 179.37M 131.25M 70.94M
Selling and marketing expenses 342.90M 303.80M 234.42M 170.97M 120.91M
Gross profit 934.37M 748.44M 532.65M 326.63M 221.47M
Reconciled depreciation 46.76M 18.05M 13.12M 6.72M 5.26M
Ebit 79.24M -27.01M -109.59M -121.04M -39.72M
Ebitda 104.27M -8.96M -96.47M -104.95M -31.20M
Depreciation and amortization 25.03M 18.05M 13.12M 16.09M 8.52M
Operating income 81.65M -39.09M -114.19M -121.04M -39.72M
Other operating expenses 1553.50M 1303.05M 1058.48M 774.60M 498.33M
Interest expense 7.61M 3.24M 2.35M 1.30M 1.26M
Tax provision 3.69M 6.73M 5.90M 1.04M 1.04M
Interest income 7.70M 8.08M 7.45M 4.15M 0.14M
Net interest income 0.09M 4.84M 5.09M 2.85M -1.12M
Income tax expense 3.69M 6.73M 5.90M 1.04M 1.04M
Total revenue 1635.15M 1263.96M 944.28M 653.56M 458.61M
Total operating expenses 852.73M 787.53M 646.85M 447.66M 261.20M
Cost of revenue 700.77M 515.52M 411.63M 326.93M 237.13M
Total other income expense net -10.02M 8.84M -2.84M 8.06M 2.01M
Net income from continuing ops 67.93M -36.98M -117.84M -114.02M -38.76M
Net income applicable to common shares - - - -114.02M -38.76M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1458.71M 1012.87M 1036.31M 695.95M 625.66M
Intangible assets 2.12M 10.46M 16.64M - -
Other current assets 200.62M 316.40M 1.32M 19.33M 17.45M
Total liab 589.92M 347.40M 506.97M 215.87M 145.34M
Total stockholder equity 868.79M 665.47M 529.34M 480.09M 480.33M
Deferred long term liab - - - 1.20M 0.50M
Other current liab 361.62M 299.75M 249.41M 198.83M 70.48M
Common stock 0.02M 0.02M 0.02M 0.02M 0.02M
Capital stock 0.02M 0.02M 0.02M 0.02M 0.02M
Retained earnings -460.35M -528.28M -491.30M -373.46M -259.44M
Other liab - - - 1.05M 0.81M
Good will 54.94M 54.94M 54.94M - -
Other assets - - - 6.31M 3.56M
Cash 542.43M 368.10M 323.71M 300.63M 403.26M
Total current liabilities 399.05M 329.01M 366.84M 209.14M 141.62M
Current deferred revenue - - 73.86M - 66.68M
Net debt -322.17M -351.81M -180.72M -291.44M -397.12M
Short term debt 8.99M 7.21M 8.51M 3.52M 3.24M
Short long term debt 2.82M 2.47M 2.48M - -
Short long term debt total 220.26M 16.29M 142.99M 9.20M 6.15M
Other stockholder equity 1325.52M 1195.39M 1020.29M 854.28M 113.84M
Property plant equipment - - - 20.22M 14.55M
Total current assets 1315.95M 897.51M 932.12M 669.42M 607.55M
Net tangible assets - - - 480.09M 480.33M
Short term investments 286.45M 193.97M - 191.40M 67.22M
Net receivables 286.45M 213.02M 399.35M 191.40M 67.22M
Long term debt 155.00M - 130.00M - -
Inventory - - 207.74M 158.06M 119.63M
Accounts payable 28.45M 16.16M 35.05M 6.79M 1.21M
Accumulated other comprehensive income 3.60M -1.66M 0.34M -0.74M 0.25M
Non currrent assets other 11.72M 5.39M 7.07M 6.31M 3.56M
Non current assets total 142.76M 115.36M 104.19M 26.53M 18.11M
Capital lease obligations 34.30M 13.82M 10.51M 9.20M 6.15M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -17.70M -49.74M -7.31M -4.53M
Change to liabilities - - - 48.51M 13.06M
Total cashflows from investing activities -69.93M -17.70M - -7.31M -4.53M
Net borrowings 155.00M -130.00M - -0.38M -80.00M
Total cash from financing activities -89.78M -127.44M 126.65M 11.07M 238.20M
Change to operating activities - - - -17.04M -5.07M
Net income 67.93M -36.98M -117.84M -114.02M -38.76M
Change in cash 174.48M 44.79M 24.30M -102.58M 215.24M
Begin period cash flow 369.82M 325.03M 300.73M 403.31M 188.07M
End period cash flow 544.30M 369.82M 325.03M 300.73M 403.31M
Total cash from operating activities 325.08M 194.49M -53.59M -105.14M -18.39M
Issuance of capital stock - - 0.00M -1.90M 308.17M
Depreciation 46.76M 18.05M 13.12M 6.72M 5.26M
Other cashflows from investing activities -40.50M -11.70M - - -
Dividends paid - - - 0.10M -
Change to inventory - - 92.27M - -5.07M
Change to account receivables - 186.36M -183.42M -126.94M -17.28M
Sale purchase of stock -50.80M 0.00M -6.70M -0.10M 0.00M
Other cashflows from financing activities -193.98M -15.49M 771.59M 0.10M 13.01M
Change to netincome - - - 97.62M 24.40M
Capital expenditures 29.43M 17.70M 9.10M 7.06M 4.53M
Change in working capital 51.94M 58.23M -91.15M -95.47M -9.29M
Stock based compensation 155.11M 152.14M 136.97M 95.29M 17.02M
Other non cash items 3.34M 3.04M 32.87M 2.33M 7.38M
Free cash flow 295.65M 176.78M -62.69M -112.20M -22.93M

Peer Comparison*

Sector: Technology Industry: Software - Infrastructure

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RELY
Remitly Global Inc		 0.78
3.60%		 22.32 16.05 - 2.55 4.10 2.20 18.06
MSFT
Microsoft Corporation		 -5.32
0.99%		 530.61 37.32 29.94 13.03 12.45 13.06 24.59
ORCL
Oracle Corporation		 0.87
0.76%		 116.03 21.96 17.89 5.91 7.08 7.82 14.89
CRWD
Crowdstrike Holdings Inc		 -0.30
0.14%		 216.90 4849.80 188.68 46.01 47.24 43.89 559.34
FTNT
Fortinet Inc		 -3.67
3.00%		 118.84 60.27 43.86 16.80 80.50 16.11 43.33

Profile*

Remitly Global Inc

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

401 Union Street, Seattle, WA, United States, 98101

888 736 4859

https://www.remitly.com

3200

Name Title Year Born
Mr. Matthew B. Oppenheimer Co-Founder, CEO, Pres & Director 1984
Mr. Joshua Hug Co-Founder, COO & Director 1980
Mr. Hemanth Munipalli Chief Financial Officer NA
Mr. Ankur Sinha Chief Technology Officer NA
Mr. Stephen M. Shulstein VP of Investor Relations NA
Ms. Saema Somalya Exec. VP of Legal & Risk and Sec. 1977
Ms. Rina Hahn Chief Marketing Officer NA
Dr. Robert Kaskel Chief People Officer 1974
Ms. Vanessa Bicomong Marketing Head for The Philippines Region NA
Mr. Karim Meghji Exec. Advisor 1969

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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