Remitly Global
RELY
22.93
-0.27
-1.16%
Remitly Global
US · RELY
#2153 by market cap
Listed 2021
22.93
-0.27
-1.16%
Live - 5344 symbols - heartbeat 275s ago
· 2026-10-08 04:01
Pre-market
22.93
0.00%
After-hours
22.94
+0.04%
- Market cap
- 4.85B
- P/E (TTM)i
- 16.50
- P/Bi
- 4.31
- EPSi
- 0.31
- Div yieldi
- 0.00%
- 52W posi
- 70%
Reader sentiment
Are you bullish or bearish on RELY?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.55, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +29.37% YoY
Margins
- Gross margin
- 60.21%
- Operating margin
- 4.74%
- Net margin
- 4.15%
Key ratios & quality
- Enterprise valuei
- 4.48B
- Altman Z-Scorei
- 6.55
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 126.57M | 256.96M | 458.61M | 653.56M | 944.29M | 1.26B | 1.64B |
| Gross profit | 53.26M | 121.11M | 221.47M | 326.63M | 532.65M | 748.44M | 984.44M |
| Selling & admin expenses | 69.20M | 105.46M | 191.85M | 302.22M | 413.79M | 499.66M | 568.03M |
| Research & development | 32.01M | 40.78M | 64.09M | 138.72M | 219.94M | 269.82M | 313.91M |
| Operating profit | -50.60M | -29.18M | -39.72M | -121.04M | -114.20M | -39.09M | 77.47M |
| Pretax profit | -51.13M | -31.40M | -37.71M | -112.98M | -111.94M | -30.25M | 71.63M |
| Tax | 259.00K | 1.16M | 1.04M | 1.04M | 5.90M | 6.73M | 3.70M |
| Net profit | -51.39M | -32.56M | -38.76M | -114.02M | -117.84M | -36.98M | 67.93M |
| Basic EPS | 0 | 0 | -1 | -1 | -1 | 0 | 0 |
| Diluted EPS | -0.42 | -0.21 | -0.64 | -0.68 | -0.65 | -0.19 | 0.31 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 361.62M | 411.85M | 419.49M | 442.18M | 452.80M | 495.16M |
| Gross profit | 217.66M | 243.02M | 246.38M | 277.38M | 281.05M | 307.34M |
| Selling & admin expenses | 126.18M | 144.56M | 147.75M | 149.55M | 141.51M | 160.31M |
| Research & development | 73.85M | 77.50M | 80.42M | 82.14M | 79.60M | 74.05M |
| Operating profit | 12.23M | 14.64M | 11.78M | 38.82M | 53.74M | 66.68M |
| Pretax profit | 14.94M | 8.11M | 12.42M | 36.15M | 52.08M | 64.64M |
| Tax | 3.59M | 1.58M | 3.59M | -5.07M | 3.02M | -141.26M |
| Net profit | 11.35M | 6.54M | 8.83M | 41.22M | 49.05M | 205.91M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 1 |
| Diluted EPS | 0.05 | 0.03 | 0.04 | 0.19 | 0.23 | 0.93 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 248.53M | 345.33M | 607.55M | 669.42M | 932.12M | 897.51M | 1.32B |
| Cash & ST investments | 182.35M | 186.69M | 403.26M | 300.64M | 323.71M | 368.10M | 542.43M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 266.06M | 362.99M | 625.66M | 695.95M | 1.04B | 1.01B | 1.46B |
| Total current liabilities | 144.57M | 181.78M | 141.62M | 209.14M | 366.84M | 329.01M | 399.05M |
| Short-term debt | 47.62M | 82.96M | 3.24M | 3.52M | 8.51M | 7.21M | 8.99M |
| Long-term debt | -- | -- | -- | -- | 130.00M | -- | 155.00M |
| Total liabilities | 149,982,000.00 | 186,611,000.00 | 145,336,000.00 | 215,866,000.00 | 506,969,000.00 | 347,400,000.00 | 589,924,000.00 |
| Total equity | 116.08M | 176.38M | 480.33M | 480.09M | 529.34M | 665.47M | 868.79M |
| Retained earnings | -188.12M | -220.69M | -259.44M | -373.46M | -491.30M | -528.28M | -460.35M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 978.72M | 1.04B | 1.08B | 1.32B | 1.25B | 1.29B |
| Cash & ST investments | 493.91M | 515.90M | 476.90M | 542.43M | 649.06M | 676.39M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.10B | 1.17B | 1.21B | 1.46B | 1.39B | 1.57B |
| Total current liabilities | 352.16M | 363.75M | 376.06M | 399.05M | 439.37M | 404.31M |
| Short-term debt | 6.52M | 6.51M | 7.24M | 8.99M | 9.53M | 10.83M |
| Long-term debt | -- | -- | -- | 155.00M | -- | -- |
| Total liabilities | 377,110,000.00 | 401,249,000.00 | 416,517,000.00 | 589,924,000.00 | 478,343,000.00 | 440,607,000.00 |
| Total equity | 723.48M | 764.92M | 797.17M | 868.79M | 907.44M | 1.13B |
| Retained earnings | -516.93M | -510.39M | -501.56M | -460.35M | -411.30M | -205.39M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 8.44M | -114.21M | -18.39M | -108.66M | 66.81M | 111.60M | 325.08M |
| Depreciation & amortization | 2.66M | 4.06M | 5.26M | 6.72M | 13.70M | 16.47M | 46.76M |
| Free cash flow | 1.23M | -118.58M | -22.93M | -115.72M | 57.70M | 93.89M | 283.26M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -7.02M | 0 | 305.19M | -- | 0 | 0 | -23.89M |
| Ending cash balance | 183.52M | 188.08M | 403.31M | 300.73M | 325.03M | 369.82M | 544.30M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 80.78M | 54.69M | 39.99M | 149.62M | 81.89M | 134.62M |
| Depreciation & amortization | 7.86M | 19.78M | -2.23M | 21.35M | 14.12M | 11.81M |
| Free cash flow | 67.22M | 43.76M | 32.08M | 140.21M | 72.71M | 130.10M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | -11.88M | -12.02M | -42.50M | -22.67M |
| Ending cash balance | 495.61M | 517.63M | 478.46M | 544.30M | 650.75M | 678.13M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -28.82 | -23.74 | -23.35 | -6.19 | 8.86 |
| ROA %i | -23.88 | -10.35 | -7.84 | -17.25 | -13.61 | -3.61 | 5.50 |
| ROIC %i | -- | -- | -20.96 | -23.83 | -20.98 | -6.03 | 7.79 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -14.65 |
| EBIT margin %i | -39.13 | -11.76 | -7.95 | -17.09 | -11.61 | -2.14 | 4.85 |
| FCF / sales %i | 0.97 | -- | -- | -- | -- | 13.99 | 17.32 |
| Current ratioi | 1.72 | 1.90 | 4.29 | 3.20 | 2.54 | 2.73 | 3.30 |
| Quick ratioi | 1.47 | 1.31 | 3.32 | 2.35 | 1.97 | 1.75 | 2.13 |
| Debt / assetsi | 19.93 | 23.96 | 0.98 | 1.32 | 13.80 | 1.61 | 13.17 |
| LT debt / equityi | -- | -- | 0.61 | 1.18 | 25.40 | 1.36 | 21.08 |
| Interest coveragei | -30.80 | -25.41 | -29.03 | -85.77 | -46.59 | -8.33 | 10.41 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 72.84 | 54.32 | 40.21 | 35.76 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -0.71 | 2.10 | 2.94 | 8.86 | 12.95 | 32.25 |
| ROA %i | -0.42 | 1.33 | 1.92 | 5.50 | 8.50 | 22.32 |
| ROIC %i | -1.04 | 1.72 | 2.68 | 7.79 | 12.63 | 31.28 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 0.63 | 1.80 | 2.35 | 4.85 | 6.81 | 9.70 |
| FCF / sales %i | 26.09 | 22.90 | 12.52 | 17.32 | 16.73 | 20.73 |
| Current ratioi | 2.78 | 2.85 | 2.88 | 3.30 | 2.84 | 3.18 |
| Quick ratioi | 2.08 | 2.23 | 2.15 | 2.13 | 2.20 | 2.52 |
| Debt / assetsi | 1.93 | 2.78 | 2.92 | 13.17 | 2.84 | 2.44 |
| LT debt / equityi | 2.04 | 3.38 | 3.54 | 21.08 | 3.28 | 2.43 |
| Interest coveragei | 2.27 | 5.64 | 6.03 | 10.41 | 13.43 | 17.12 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 04:01:02 · For reference only, not investment advice and not tailored to your situation.