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Remitly Global IncRELY
$24.13
-$1.10 (-4.360%)
at close
$24.02
-$0.11 (-0.456%)
after hours · 11:44 PM
General
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RELY
Stock Profile
Market Cap
$5.08B
Industry
Financial Services
EPS (TTM)
$0.49
P/E (TTM)
48.10
Div & Yield
--
FCF Payout Ratio
--
P/S (TTM)
2.94
P/B
5.60
Revenue Growth (TTM)
27.27%
EPS CAGR (3Y)
0.00%
Diluted Shares
217.05M
Ex-Dividend
--
Next Earnings
08-05
Forward P/E
32.38
Payout Ratio
--
P/FCF (TTM)
21.17
FCF Yield
4.72%
Earnings Yield
2.08%
Revenue CAGR (3Y)
33.74%
Recommended Metric
3.79
Good
Remitly Global Inc has grown revenue at 27.27% over the past year, which is strong growth. Also, it has more cash than liabilities meaning it could use its current cash position to be completely debt-free, if it wanted to.
Valuation Score
Key Score
5.00
Very Good
Management
4.00
Good

Growth
4.00
Good

Profitability
5.00
Very Good
Fin. Health
2.00
Bad

Dividends
--
--

Analyst
4.00
Good
Revenue
Earnings
Free Cash Flow
Insider Transactions
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Price Targets & Ratings
View Analysis
1-year price targets, ending Jun 28, 2027
Current
$24.13
Baseline
High
$34.65
43.60%
Avg
$28.25
17.09%
Low
$22.52
-6.66%
Analyst Ratings based on 17 Analysts
Strong Buy
6
35%
Buy
10
59%
Hold
1
06%
Sell
0
00%
Strong Sell
0
00%
Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 3,200 full-time employees. The company went IPO on 2021-09-23. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The firm provides a digital cross-border remittance product that is accessible via its mobile app or the Web. The company offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The firm's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.Read More

IPO Date
2021-09-23

Industry
Financial Services

Total Employees
3,200

Exchange
Nasdaq Nms - Global Market

Reporting Currency
USD

GICS
Financial Services

GICS Sub
Transaction & Payment Processing Services

GICS Sector
Financials

GICS Group
Financial Services