Remitly Global, Inc. RELY R2K
Technology · Software - Infrastructure · United States
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.
READ MORE ›$20.02
-6.27% 1Y
Market & Price
Market Cap
$4.22B
Current Price
$20.02
High / Low (52W)
$24.28 / $12.20
Beta
0.40
Valuation
Stock P/E
41.71
Industry PE
32.74
Forward P/E
12.14
PEG Ratio
-
Book Value
$4.31
Price to Book
4.64
P/S
2.44
EV/EBITDA
25.07
Dividend Yield
-
Profitability & Returns
ROCE
7.48%
ROE
12.95%
ROA
6.56%
Profit Margin
6.12%
Op Margin
14.42%
EPS (Latest Qtr)
$0.23
EPS (TTM)
$0.48
Balance Sheet & Liquidity
Debt/Equity
4.33
Quick Ratio
2.20
Current Ratio
2.84
Debt
$39.30M
Total Assets
$1.46B
Current Assets
$1.32B
Working Capital
$916.90M
Ownership
Promoter Holding
5.73%
Chg in Prom Hold
-
FII / Inst Holding
84.90%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$3.61B
Total Revenue (TTM)
$1.73B
EBITDA
$143.84M
Free Cash Flow
$181.71M
Operating Cash Flow
$326.19M
Shares Outstanding
210.56M
Gross Margin
60.79%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
35.76%
Profit 5Y
53.19%
Revenue (YoY)
25.20%
Earnings (YoY)
360.00%
PROS
- Compounding revenue at 35.8% over 5 years.
- Profit CAGR of 53.2% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RELY Remitly Global, Inc. R2K | 20.02 | 41.71 | $4.22B | - | 7.48% | 12.95% | 35.76% | 53.19% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 71.79M | 91.06M | 111.05M | 121.24M | 136.01M | 157.25M | 169.26M | 203.87M | 234.03M | 241.63M | 269.12M | 306.42M | 336.53M | - | 361.62M | 411.85M | 419.49M | 442.18M | 452.80M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 143.97M | 168.83M | 173.11M | 164.80M | 171.75M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 217.66M | 243.02M | 246.38M | 277.38M | 281.05M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 205.43M | 228.38M | 234.61M | 238.56M | 227.31M |
| Operating Income | -1.75M | -8.57M | -1.94M | -12.67M | -23.17M | -39.38M | -35.62M | -28.07M | -18.22M | -36.90M | -19.95M | -15.76M | 368.00K | - | 12.23M | 14.64M | 11.78M | 38.81M | 53.74M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 24.10M | 16.09M | 28.23M | 60.04M | 68.64M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30M | 1.65M | 2.12M | 2.55M | 2.44M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.94M | 8.11M | 12.42M | 36.15M | 52.08M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.59M | 1.58M | 3.59M | -5.07M | 3.02M |
| Net Income | -2.43M | -7.77M | -1.45M | -12.96M | -23.31M | -38.24M | -33.07M | -28.31M | -18.85M | -35.66M | -21.08M | -12.09M | 1.92M | - | 11.35M | 6.54M | 8.83M | 41.22M | 49.05M |
| Diluted EPS | -0.11 | -0.34 | -0.06 | -0.41 | -0.14 | -0.23 | -0.20 | -0.16 | -0.11 | -0.20 | -0.11 | -0.06 | 0.01 | - | 0.05 | 0.03 | 0.04 | 0.19 | 0.23 |
| R&D Expense | 10.38M | 11.64M | 15.20M | 18.12M | 23.57M | 36.08M | 36.18M | 49.38M | 54.31M | 57.01M | 63.21M | 67.55M | 68.45M | - | 73.85M | 77.50M | 80.42M | - | 79.60M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 126.57M | 256.96M | - | 653.56M | 944.28M | 1.26B | 1.64B |
| Cost of Revenue | - | - | - | 326.93M | 411.63M | 515.52M | 650.71M |
| Gross Profit | - | - | - | 326.63M | 532.65M | 748.44M | 984.44M |
| Operating Expenses | - | - | - | 447.66M | 646.85M | 787.53M | 906.97M |
| Operating Income | -50.60M | -29.18M | - | -121.04M | -114.19M | -39.09M | 77.47M |
| EBITDA | - | - | - | -104.95M | -95.89M | -8.96M | 126.00M |
| Interest Expense | - | - | - | 1.30M | 2.35M | 3.24M | 7.61M |
| Pretax Income | - | - | -37.71M | -112.98M | -111.94M | -30.25M | - |
| Tax Provision | - | - | - | 1.04M | 5.90M | 6.73M | 3.69M |
| Net Income | -51.39M | -32.56M | - | -114.02M | -117.84M | -36.98M | 67.93M |
| Diluted EPS | -2.98 | -1.52 | - | -0.68 | -0.65 | -0.19 | 0.31 |
| R&D Expense | 32.01M | 40.78M | 64.09M | 138.72M | 219.94M | 269.82M | 313.91M |
Compounded Sales Growth
| 5 Years: | 35.76% |
| 1 Year: | 25.20% |
Compounded Profit Growth
| 5 Years: | 53.19% |
| 1 Year: | 360.00% |
Stock Price Performance
| 1 Year: | -6.27% |
| 6 Months: | +54.59% |
| 3 Months: | +19.88% |
| 1 Month: | -8.54% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 362.99M | - | 695.95M | 1.04B | 1.01B | 1.46B |
| Current Assets | - | - | - | - | 669.42M | 932.12M | 897.51M | 1.32B |
| Cash & Equivalents | - | 182.35M | 186.69M | - | 300.63M | 323.71M | 368.10M | 542.43M |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 191.40M | 379.42M | 193.97M | 286.45M |
| Total Liabilities | - | - | 186.61M | - | 215.87M | 506.97M | 347.40M | 589.92M |
| Current Liabilities | - | - | 181.78M | - | 209.14M | 366.84M | 329.01M | 399.05M |
| Long Term Debt | - | - | - | - | - | 130.00M | - | 155.00M |
| Total Debt | - | - | - | - | 9.20M | 142.99M | 16.29M | 192.12M |
| Total Equity | -121.00M | -186.80M | -211.33M | - | 480.09M | 529.34M | 665.47M | 868.79M |
| Shares Outstanding | - | - | - | - | 173.25M | 188.44M | 200.53M | 210.63M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 8.44M | -114.21M | -18.39M | -108.66M | 66.81M | 111.60M | - |
| Investing Cash Flow | -7.21M | -4.37M | - | -7.31M | -50.04M | -19.89M | -69.93M |
| Financing Cash Flow | 117.02M | 122.22M | - | 14.59M | 6.25M | -42.37M | -89.78M |
| Capital Expenditure | -5.05M | -2.06M | - | -7.06M | -9.10M | -17.70M | -41.82M |
| Free Cash Flow | 3.39M | -116.27M | - | -115.72M | 57.70M | 93.89M | 283.26M |
| Net Change in Cash | - | - | - | -101.38M | 23.02M | 49.34M | 165.37M |
| Share Buybacks | 7.02M | 0 | 0 | - | 0 | 0 | 23.89M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 50.0% | 56.4% | 59.2% | 60.2% |
| Operating Margin % | -40.0% | -11.4% | - | -18.5% | -12.1% | -3.1% | 4.7% |
| Net Margin % | -40.6% | -12.7% | - | -17.4% | -12.5% | -2.9% | 4.2% |
| ROE % | 27.5% | 15.4% | - | -23.7% | -22.3% | -5.6% | 7.8% |
| ROCE % | - | -16.1% | - | -24.9% | -17.1% | -5.7% | 7.3% |
Shareholding Pattern
Insiders
5.73%
Institutions
84.90%
Public Float
90.06%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 6.97% | 14.69M | $294.00M |
| 2 | Naspers Ltd. | 6.38% | 13.44M | $269.10M |
| 3 | BAILLIE GIFFORD & CO | 5.61% | 11.82M | $236.60M |
| 4 | FMR, LLC | 5.10% | 10.74M | $214.94M |
| 5 | Generation Investment Management LLP | 3.65% | 7.69M | $154.00M |
| 6 | Vanguard Capital Management LLC | 3.57% | 7.53M | $150.70M |
| 7 | Vanguard Portfolio Management LLC | 3.54% | 7.46M | $149.39M |
| 8 | Marshall Wace LLP | 3.04% | 6.40M | $128.12M |
| 9 | Bank of America Corporation | 2.45% | 5.15M | $103.18M |
| 10 | Arrowstreet Capital, Limited Partnership | 2.25% | 4.74M | $94.84M |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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