Market closedNon-fractional
Remitly/RELY
13:30
14:25
15:15
16:10
17:00
1D1W1MYTD1YMAX
About Remitly
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Ticker
RELY
Sector
Financials
Trading on
NASDAQ
Industry
Financial Services
Headquarters
Seattle, United States
Employees
2,700
Website
www.remitly.com/us/en
Remitly Metrics
BasicAdvanced
$2.4B
Market cap
-
P/E ratio
-$0.60
EPS
0.16
Beta
-
Dividend rate
Price and volume
Market cap
$2.4B
Beta
0.16
Financial strength
Current ratio
2.642
Quick ratio
2.017
Long term debt to equity
28.278
Total debt to equity
29.769
Interest coverage (TTM)
-37.19%
Management effectiveness
Return on assets (TTM)
-7.08%
Return on equity (TTM)
-21.17%
Valuation
Price to revenue (TTM)
2.28
Price to book
4.37
Price to tangible book (TTM)
5.01
Price to free cash flow (TTM)
-19.24
Growth
Revenue change (TTM)
39.94%
Earnings per share change (TTM)
-14.15%
3-year revenue growth
49.48%
3-year earnings per share growth
-21.52%
What the Analysts think about Remitly
Analyst Ratings
Majority rating from 11 analysts.
Remitly Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$269M
1.66%
Net income
-$21M
-40.00%
Profit margin
-7.80%
-41.00%
Remitly Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.11
-$0.20
-$0.19
-$0.11
-
Expected
-$0.17
-$0.16
-$0.20
-$0.14
-$0.10
Surprise
-33.33%
25.00%
-2.56%
-23.76%
-
Remitly News
AllArticlesVideos
Shareholders Of Remitly Global Inc Are Urged To Communicate As The Schall Law Firm Is Embarking On A Review Of Claims Against It
Accesswire·3 days ago
Shareholders Of Remitly Global Inc Are Called To Connect As The Schall Law Firm Is Launching An Inquiry Into Charges Against It
Accesswire·4 days ago
Shareholders Of Remitly Global Inc Are Invited To Reach Out As The Schall Law Firm Is Scrutinizing Accusations Against It
Accesswire·5 days ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Remitly stock?
Remitly (RELY) has a market cap of $2.4B as of July 04, 2024.
What is the P/E ratio for Remitly stock?
The price to earnings (P/E) ratio for Remitly (RELY) stock is 0 as of July 04, 2024.
Does Remitly stock pay dividends?
No, Remitly (RELY) stock does not pay dividends to its shareholders as of July 04, 2024.
When is the next Remitly dividend payment date?
Remitly (RELY) stock does not pay dividends to its shareholders.
What is the beta indicator for Remitly?
Remitly (RELY) has a beta rating of 0.16. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
Buy or sell Remitly stock
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