RELY - Remitly Global, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.50
DETAILS
HIGH:
$27.00
LOW:
$20.00
MEDIAN:
$23.50
CONSENSUS:
$23.50
UPSIDE:
8.90%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Revenue | 1,635.1 | 1,264.0 | 944.3 | 653.6 | 458.6 | 257.0 | 126.6 | 1,346.4 | 1,249.7 | 1,145.6 | 42.0 | 43.5 | 43.9 | 16.5 | 0 | 0 | 637.7 | 0 | 0 | 0 | 143.0 |
| Cost of Revenue | 700.8 | 515.5 | 411.6 | 326.9 | 237.1 | 135.8 | 73.3 | 1,287.3 | 1,183 | 1,070.7 | 25.7 | 23.4 | 22.7 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 934.4 | 748.4 | 532.7 | 326.6 | 221.5 | 121.1 | 53.3 | 59.1 | 66.7 | 74.9 | 16.3 | 20.1 | 21.2 | 6.5 | 0 | 0 | 637.7 | 0 | 0 | 0 | 143.0 |
| Operating Expenses | |||||||||||||||||||||
| R&D Expenses | 313.9 | 269.8 | 219.9 | 138.7 | 64.1 | 40.8 | 32.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 568.0 | 499.7 | 413.8 | 302.2 | 191.8 | 105.5 | 69.2 | 52.3 | 61 | 56 | 18.9 | 17.7 | 17.1 | 5.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | (29.2) | 18.1 | 13.1 | 6.7 | 5.3 | 4.1 | 2.7 | 2.4 | 2.4 | 2 | 28.8 | 31.2 | 29.2 | 27.3 | (32.9) | (28.6) | 647.0 | (367.6) | (357.2) | (219.1) | 40.8 |
| Operating Expenses | 852.7 | 787.5 | 646.8 | 447.7 | 261.2 | 150.3 | 103.9 | 54.7 | 63.4 | 58 | 47.7 | 49.0 | 46.4 | 32.5 | (32.9) | (28.6) | 647.0 | (367.6) | (357.2) | (219.1) | 40.8 |
| Operating Income | |||||||||||||||||||||
| Operating Income | 81.6 | (39.1) | (114.2) | (121.0) | (39.7) | (29.2) | (50.6) | (129.3) | (68.8) | 17.4 | 1.7 | (5.9) | (2.7) | (11.5) | (32.9) | (28.6) | 55.0 | 327.9 | 308.4 | 584.5 | 102.2 |
| Interest Expense | 7.6 | 3.2 | 2.4 | 1.3 | 1.3 | 1.2 | 1.6 | 0.2 | 34.7 | 33.4 | 0.9 | 3.9 | 4.2 | 3.9 | (19.4) | (4.7) | 64.3 | 340.7 | 202.6 | 155.4 | 4.4 |
| Interest Income | 7.7 | 8.1 | 7.4 | 4.1 | 0.1 | 0.3 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||
| EBITDA | 104.3 | (9.0) | (96.5) | (105.0) | (31.2) | (26.2) | (46.9) | (76.6) | (14) | 63.4 | 3.0 | (4.0) | 0.4 | (9.5) | (32.8) | (28.4) | 88.4 | 447.7 | 340.6 | 603.7 | 97.8 |
| EBIT | 79.2 | (27.0) | (109.6) | (111.7) | (36.5) | (30.2) | (49.5) | (128.4) | (69.1) | (7.4) | (0.6) | (5.9) | 0.8 | (8.1) | (32.9) | (13.6) | 55.0 | 889.6 | 804.2 | 584.5 | 178.1 |
| Income Before Tax | 71.6 | (30.3) | (111.9) | (113.0) | (37.7) | (31.4) | (51.1) | (128.6) | (103.8) | (40.8) | (1.5) | (9.9) | (3.4) | (12.0) | (13.5) | (8.9) | (9.3) | 548.9 | 601.7 | 429.1 | 173.7 |
| Income Tax Expense | 3.7 | 6.7 | 5.9 | 1.0 | 1.0 | 1.2 | 0.3 | (7.8) | (0.6) | (9.1) | (4.7) | 0.2 | 0.6 | (2.6) | 0.1 | (4.7) | 64.3 | (221.0) | (247.9) | 155.4 | 71.5 |
| Net Income | 67.9 | (37.0) | (117.8) | (114.0) | (38.8) | (32.6) | (51.4) | (120.8) | (103.2) | (31.7) | 3.1 | (10.0) | (4.0) | (9.3) | (13.7) | (4.2) | (73.6) | 769.9 | 849.6 | 273.7 | 102.2 |
| Per Share Data | |||||||||||||||||||||
| EPS (Basic) | 0.33 | -0.19 | -0.65 | -0.68 | -0.64 | -0.21 | -0.42 | -4.17 | -3.57 | -1.09 | 0.04 | -0.14 | -0.06 | -0.08 | -0.12 | -0.04 | -0.45 | 4.69 | 5.18 | 1.67 | 0.62 |
| EPS (Diluted) | 0.31 | -0.19 | -0.65 | -0.68 | -0.64 | -0.20 | -0.42 | -4.17 | -3.57 | -1.09 | 0.04 | -0.14 | -0.03 | -0.08 | -0.12 | -0.04 | -0.45 | 4.69 | 5.18 | 1.67 | 0.62 |
| Shares Outstanding | 205.8 | 194.6 | 180.8 | 167.8 | 60.7 | 162.6 | 17.2 | 29.0 | 28.9 | 29.2 | 70.9 | 70.9 | 70.9 | 115.9 | 115.9 | 115.9 | 164.1 | 164.1 | 164.1 | 164.1 | 164.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2009 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 542.4 | 368.1 | 323.7 | 300.6 | 403.3 | 186.7 | 182.4 | 24.9 | 27.2 | 35.7 | 355.7 | 905.0 | 835.7 | 236.4 | 151.2 |
| Short-Term Investments | 286.5 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 286.5 | 213.0 | 397.8 | 191.4 | 67.2 | 50.7 | 29.5 | 122.5 | 88.4 | 77.2 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107.3 | 118.2 | 101.2 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 200.6 | 5.1 | 4.3 | 19.3 | 17.4 | 6.3 | 4.8 | 43.4 | 52.4 | 57.7 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,316.0 | 897.5 | 932.1 | 669.4 | 607.6 | 345.3 | 248.5 | 305.1 | 286.8 | 271.8 | 355.7 | 905.0 | 835.7 | 236.4 | 151.2 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 74.0 | 44.6 | 25.5 | 20.2 | 14.6 | 15.3 | 15.8 | 247.5 | 289.2 | 301.5 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 54.9 | 54.9 | 54.9 | 0 | 0 | 0 | 0 | 9.8 | 42.2 | 104.3 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.1 | 10.5 | 16.6 | 0 | 0 | 0 | 0 | 0 | 12.5 | 15.1 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 11.7 | 5.4 | 7.1 | 6.3 | 3.6 | 2.4 | 1.7 | 20.7 | 1.3 | 2.4 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 142.8 | 115.4 | 104.2 | 26.5 | 18.1 | 17.7 | 17.5 | 287 | 358.7 | 429.1 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 1,458.7 | 1,012.9 | 1,036.3 | 696.0 | 625.7 | 363.0 | 266.1 | 592.1 | 645.5 | 700.9 | 477.2 | 10,106.0 | 9,521.9 | 6,568.7 | 7,909.0 |
| Current Liabilities | |||||||||||||||
| Account Payables | 28.4 | 16.2 | 35.1 | 6.8 | 1.2 | 4.3 | 0.2 | 96.4 | 115.8 | 100.9 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 2.8 | 2.5 | 2.5 | 0 | 0 | 80 | 45 | 3.6 | 2.3 | 2.3 | 0 | 0 | 0 | 0 | 309 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 2 | 6 | 0 | 155.5 | 193.3 | 299.1 | 316.2 |
| Other Current Liabilities | 361.6 | 230.6 | 256.3 | 143.0 | 94.1 | 74.8 | 84.1 | 123 | 44.4 | 45.9 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 399.1 | 329.0 | 366.8 | 209.1 | 141.6 | 181.8 | 144.6 | 232 | 164.5 | 155.1 | 0 | 155.5 | 193.3 | 299.1 | 625.2 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 183.1 | 0 | 130 | 0 | 0 | 0 | 0 | 4.4 | 354.2 | 312.1 | 0 | 0 | 0 | 0 | 342.6 |
| Deferred Tax Liabilities | 5.6 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7 | 2.5 | 6.7 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (26.0) | 9.3 | 5.7 | 1.1 | 0.8 | 0.8 | 0.0 | (94.5) | 243.5 | 215 | 0 | 155.5 | 193.3 | 299.1 | 0 |
| Total Non-Current Liabilities | 190.9 | 18.4 | 140.1 | 6.7 | 3.7 | 4.8 | 5.4 | 14.5 | 363.6 | 324.2 | 0 | 155.5 | 193.3 | 299.1 | 342.6 |
| Total Liabilities | 589.9 | 347.4 | 507.0 | 215.9 | 145.3 | 186.6 | 150.0 | 673.2 | 612.1 | 559.3 | 386.0 | 9,092.3 | 8,857.2 | 6,169.6 | 7,551.2 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 29.7 | 4 | 28.9 | 78.4 | 77.2 | 76.0 | 75.4 | 70.8 |
| Retained Earnings | (460.3) | (528.3) | (491.3) | (373.5) | (259.4) | (220.7) | (188.1) | (627.9) | (506.2) | (403.3) | 0 | 663.6 | 328.0 | 84.6 | 64.1 |
| Accumulated Other Comprehensive Income | 3.6 | (1.7) | 0.3 | (0.7) | 0.3 | 0.6 | 0.0 | 4.5 | (7.1) | (1) | 0 | 1.4 | 0.6 | 0.1 | 0.1 |
| Total Stockholders' Equity | 868.8 | 665.5 | 529.3 | 480.1 | 480.3 | 176.4 | 116.1 | (81.1) | 33.4 | 141.6 | 91.1 | 1,013.6 | 664.7 | 399.0 | 357.8 |
| Total Liabilities & Equity | 1,458.7 | 1,012.9 | 1,036.3 | 696.0 | 625.7 | 363.0 | 266.1 | 592.1 | 645.5 | 700.9 | 477.2 | 10,106.0 | 9,521.9 | 6,568.7 | 7,909.0 |
| Debt Metrics | |||||||||||||||
| Total Debt | 220.3 | 16.3 | 143.0 | 9.2 | 6.1 | 87.0 | 53.0 | 8 | 356.5 | 314.4 | 0 | 0 | 0 | 0 | 651.6 |
| Net Debt | (322.2) | (351.8) | (180.7) | (291.4) | (397.1) | (99.7) | (129.3) | (16.9) | 329.3 | 278.7 | (355.7) | (905.0) | (835.7) | (236.4) | 500.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | 67.9 | (37.0) | (117.8) | (114.0) | (38.8) | (32.6) | (51.4) | (121.7) | (102.9) | (6.9) | 327.9 | 353.8 | 429.1 | 26.3 |
| Depreciation & Amortization | 46.8 | 18.1 | 13.1 | 6.7 | 5.3 | 4.1 | 2.7 | 52.7 | 54.8 | 46 | 0 | 32.2 | 19.2 | 0 |
| Stock-Based Compensation | 155.1 | 152.1 | 137.0 | 95.3 | 17.0 | 5.3 | 3.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 41.9 | 58.2 | (91.1) | (147.5) | (9.3) | (91.0) | 53.5 | (49.2) | 5.6 | 45.8 | (64.0) | 107.1 | 705.1 | 3,913.9 |
| Other Non-Cash Items | 13.4 | 3.0 | 5.3 | 50.8 | 7.4 | 0.0 | 0.0 | 94.3 | 44.3 | 4.2 | (263.9) | (45.2) | (689.8) | (3,940.2) |
| Operating Cash Flow | 325.1 | 194.5 | (53.6) | (108.7) | (18.4) | (114.2) | 8.4 | (12.9) | 9.3 | 92.5 | 0 | 502.8 | 548.0 | 3,913.9 |
| Investing Activities | ||||||||||||||
| Capital Expenditure | (29.4) | (17.7) | (9.1) | (3.7) | (4.5) | (4.4) | (7.2) | (23.8) | (30.8) | (26) | 0 | 0 | (19.2) | 0 |
| Acquisitions | 0 | 0 | (40.9) | (0.2) | 0 | 0 | 0 | 0 | (23) | (524.7) | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (40.5) | (11.7) | (6.2) | (3.4) | (2.6) | (2.3) | (2.2) | (0.6) | 36.7 | 73.1 | 0 | 404.5 | (457.4) | 0 |
| Investing Cash Flow | (69.9) | (17.7) | (50.0) | (7.3) | (4.5) | (4.4) | (7.2) | (24.4) | (17.1) | (477.6) | 0 | 404.5 | (476.6) | 0 |
| Financing Activities | ||||||||||||||
| Net Debt Issuance | 155 | (130) | 112.9 | (0.4) | (76.9) | 35 | 6.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (50.8) | 0 | 0 | (0.1) | 0 | 0 | (20.0) | (24.9) | (27.2) | (35.7) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (194.0) | (15.5) | 13.7 | 15.1 | 7.0 | 2.4 | 1.0 | 36.7 | 35 | 358 | 0 | 100.9 | 2,503.3 | 0 |
| Financing Cash Flow | (89.8) | (127.4) | 126.7 | 14.6 | 238.2 | 122.2 | 117.0 | 36.7 | 35 | 358 | 0 | 100.9 | 2,503.3 | 0 |
| Cash Position | ||||||||||||||
| Net Change in Cash | 174.5 | 44.8 | 24.3 | (102.6) | 215.2 | 4.6 | 118.6 | 0.1 | (15.8) | (27.1) | 0 | 69.3 | 599.3 | 3,913.9 |
| Cash at Beginning | 369.8 | 325.0 | 300.7 | 403.3 | 188.1 | 183.5 | 64.9 | 24.8 | 43 | 62.8 | 0 | 835.7 | 236.4 | 0 |
| Cash at End | 544.3 | 369.8 | 325.0 | 300.7 | 403.3 | 188.1 | 183.5 | 24.9 | 27.2 | 35.7 | 0 | 905.0 | 835.7 | 3,913.9 |
| Free Cash Flow | 295.7 | 176.8 | (62.7) | (112.3) | (22.9) | (118.6) | 1.2 | (36.7) | (21.5) | 66.5 | 0 | 502.8 | 528.8 | 3,913.9 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||
| Revenue | 1,635.1 | 1,264.0 | 944.3 | 653.6 | 458.6 | 257.0 | 126.6 | 1,346.4 | 1,249.7 | 1,145.6 | 42.0 | 43.5 | 43.9 | 16.5 | 0 | 0 | 637.7 | 0 | 0 | 0 | 143.0 |
| Gross Profit | 934.4 | 748.4 | 532.7 | 326.6 | 221.5 | 121.1 | 53.3 | 59.1 | 66.7 | 74.9 | 16.3 | 20.1 | 21.2 | 6.5 | 0 | 0 | 637.7 | 0 | 0 | 0 | 143.0 |
| Operating Income | 81.6 | (39.1) | (114.2) | (121.0) | (39.7) | (29.2) | (50.6) | (129.3) | (68.8) | 17.4 | 1.7 | (5.9) | (2.7) | (11.5) | (32.9) | (28.6) | 55.0 | 327.9 | 308.4 | 584.5 | 102.2 |
| Net Income | 67.9 | (37.0) | (117.8) | (114.0) | (38.8) | (32.6) | (51.4) | (120.8) | (103.2) | (31.7) | 3.1 | (10.0) | (4.0) | (9.3) | (13.7) | (4.2) | (73.6) | 769.9 | 849.6 | 273.7 | 102.2 |
| EPS (Diluted) | 0.31 | -0.19 | -0.65 | -0.68 | -0.64 | -0.20 | -0.42 | -4.17 | -3.57 | -1.09 | 0.04 | -0.14 | -0.03 | -0.08 | -0.12 | -0.04 | -0.45 | 4.69 | 5.18 | 1.67 | 0.62 |
| Balance Sheet | |||||||||||||||||||||
| Cash & Equivalents | 542.4 | 368.1 | 323.7 | 300.6 | 403.3 | 186.7 | 182.4 | 24.9 | 27.2 | 35.7 | 355.7 | 905.0 | 835.7 | 236.4 | 151.2 | ||||||
| Total Assets | 1,458.7 | 1,012.9 | 1,036.3 | 696.0 | 625.7 | 363.0 | 266.1 | 592.1 | 645.5 | 700.9 | 477.2 | 10,106.0 | 9,521.9 | 6,568.7 | 7,909.0 | ||||||
| Total Debt | 220.3 | 16.3 | 143.0 | 9.2 | 6.1 | 87.0 | 53.0 | 8 | 356.5 | 314.4 | 0 | 0 | 0 | 0 | 651.6 | ||||||
| Stockholders' Equity | 868.8 | 665.5 | 529.3 | 480.1 | 480.3 | 176.4 | 116.1 | (81.1) | 33.4 | 141.6 | 91.1 | 1,013.6 | 664.7 | 399.0 | 357.8 | ||||||
| Cash Flow | |||||||||||||||||||||
| Operating Cash Flow | 325.1 | 194.5 | (53.6) | (108.7) | (18.4) | (114.2) | 8.4 | (12.9) | 9.3 | 92.5 | 0 | 502.8 | 548.0 | 3,913.9 | |||||||
| Capital Expenditure | (29.4) | (17.7) | (9.1) | (3.7) | (4.5) | (4.4) | (7.2) | (23.8) | (30.8) | (26) | 0 | 0 | (19.2) | 0 | |||||||
| Free Cash Flow | 295.7 | 176.8 | (62.7) | (112.3) | (22.9) | (118.6) | 1.2 | (36.7) | (21.5) | 66.5 | 0 | 502.8 | 528.8 | 3,913.9 | |||||||