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

Remitly Metrics

BasicAdvanced
$2.4B
Market cap
-
P/E ratio
-$0.60
EPS
0.16
Beta
-
Dividend rate
$2.4B
0.16
2.642
2.017
28.278
29.769
-37.19%
-7.08%
-21.17%
2.28
4.37
5.01
-19.24
39.94%
-14.15%
49.48%
-21.52%

What the Analysts think about Remitly

Analyst Ratings

Majority rating from 11 analysts.
Buy

Remitly Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-7.80% profit margin
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
Beat by 23.76%
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%
-
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.

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