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Technology - Software - Infrastructure - NASDAQ - US
$ 18.81
0.804 %
$ 3.77 B
Market Cap
-99.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELY stock under the worst case scenario is HIDDEN Compared to the current market price of 18.8 USD, Remitly Global, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELY stock under the base case scenario is HIDDEN Compared to the current market price of 18.8 USD, Remitly Global, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELY stock under the best case scenario is HIDDEN Compared to the current market price of 18.8 USD, Remitly Global, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RELY

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$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.26 B REVENUE
33.85%
-39.1 M OPERATING INCOME
65.77%
-37 M NET INCOME
68.62%
194 M OPERATING CASH FLOW
462.91%
-17.7 M INVESTING CASH FLOW
64.62%
-127 M FINANCING CASH FLOW
-100.62%
352 M REVENUE
4.57%
-3.74 M OPERATING INCOME
-1016.03%
-5.72 M NET INCOME
-298.59%
55.6 M OPERATING CASH FLOW
-62.09%
-5.22 M INVESTING CASH FLOW
-33.55%
1.46 M FINANCING CASH FLOW
114.21%
Balance Sheet Remitly Global, Inc.
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Current Assets 898 M
Cash & Short-Term Investments 562 M
Receivables 0
Other Current Assets 335 M
Non-Current Assets 115 M
Long-Term Investments 0
PP&E 44.6 M
Other Non-Current Assets 70.8 M
55.49 %33.12 %4.40 %6.99 %Total Assets$1.0b
Current Liabilities 329 M
Accounts Payable 16.2 M
Short-Term Debt 7.21 M
Other Current Liabilities 306 M
Non-Current Liabilities 18.4 M
Long-Term Debt 9.07 M
Other Non-Current Liabilities 9.32 M
4.65 %87.98 %Total Liabilities$347.4m
EFFICIENCY
Earnings Waterfall Remitly Global, Inc.
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Revenue 1.26 B
Cost Of Revenue 516 M
Gross Profit 748 M
Operating Expenses 788 M
Operating Income -39.1 M
Other Expenses -2.11 M
Net Income -37 M
1b1b1b1b1b1b800m800m600m600m400m400m200m200m00(200m)(200m)1b(516m)748m(788m)(39m)2m(37m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
59.21% GROSS MARGIN
59.21%
-3.09% OPERATING MARGIN
-3.09%
-2.93% NET MARGIN
-2.93%
-5.56% ROE
-5.56%
-3.65% ROA
-3.65%
-6.91% ROIC
-6.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Remitly Global, Inc.
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)2015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -37 M
Depreciation & Amortization 18.1 M
Capital Expenditures -6 M
Stock-Based Compensation 152 M
Change in Working Capital 58.2 M
Others -104 M
Free Cash Flow 188 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Remitly Global, Inc.
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Wall Street analysts predict an average 1-year price target for RELY of $24 , with forecasts ranging from a low of $23 to a high of $25 .
RELY Lowest Price Target Wall Street Target
23 USD 22.28%
RELY Average Price Target Wall Street Target
24 USD 27.59%
RELY Highest Price Target Wall Street Target
25 USD 32.91%
Price
Max Price Target
Min Price Target
Average Price Target
2828262624242222202018181616141412121010May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Remitly Global, Inc.
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Sold
0-3 MONTHS
3.2 M USD 5
3-6 MONTHS
3.91 M USD 5
6-9 MONTHS
1.66 M USD 3
9-12 MONTHS
1.52 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Remitly Global: Buy This Small-Cap As Growth Will Continue In 2025 Remitly's digital-first approach and AI integration have driven significant growth in revenue, active customers, and operational efficiency, making it a compelling investment. The company has shown impressive international expansion, with 80% growth since 2020. Despite a competitive landscape and potential risks from cryptocurrency and policy changes, Remitly's strong execution and strategic positioning offer a promising outlook. seekingalpha.com - 3 weeks ago
Down -28.08% in 4 Weeks, Here's Why Remitly Global (RELY) Looks Ripe for a Turnaround Remitly Global (RELY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. zacks.com - 1 month ago
2 No-Brainer Hypergrowth Stocks to Buy During This Nasdaq Market Correction Bear markets can happen quickly. One day, the stock market is trading at all-time highs, and the next thing you know, your portfolio is in a 20% drawdown. fool.com - 1 month ago
Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry Spruce Point Capital Management has announced a new short position against Remitly Global Inc RELY as the short seller believes there's reason to be skeptical of the company's financial reporting and valuation. benzinga.com - 1 month ago
Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript Remitly Global, Inc. (NASDAQ:RELY ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President of Investor Relations Matt Oppenheimer - Co-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Rufus Hone - BMO Chris Kennedy - William Blair Darrin Peller - Wolfe Research Alex Markgraff - KBCM Operator Good day, and thank you for standing by. Welcome to the Remitly's Fourth Quarter 2024 Earnings Conference Call. seekingalpha.com - 1 month ago
Remitly Global, Inc. (RELY) Reports Q4 Loss, Tops Revenue Estimates Remitly Global, Inc. (RELY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.19 per share a year ago. zacks.com - 1 month ago
Remitly Reports Fourth Quarter and Full Year 2024 Results Above Outlook Fourth quarter active customers up 32% and revenue up 33% year over year Fourth quarter net loss was $5.7 million and Adjusted EBITDA was $43.7 million globenewswire.com - 1 month ago
Remitly to Report Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025 SEATTLE, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report fourth quarter and full year 2024 financial results after the market close on Wednesday, February 19, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. globenewswire.com - 2 months ago
Prediction: These 2 Hypergrowth Stocks Will Make Investors Richer in 2025 It paid to bet on hypergrowth stocks in 2024. As the page turns to 2025, what will the market have in store for investors in these fast-moving companies? fool.com - 2 months ago
Remitly Global: I Expect Consistent Profitability Going Forward Remitly Global: I Expect Consistent Profitability Going Forward seekingalpha.com - 3 months ago
KBW Announces Index Rebalancing for Fourth-Quarter 2024 NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024. globenewswire.com - 4 months ago
The Smartest Growth Stock to Buy With $25 Right Now Growth stocks have made a comeback in 2024. I am seeing select stocks shoot up 100%, 200%, or more just this year. fool.com - 4 months ago
8. Profile Summary

Remitly Global, Inc. RELY

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 3.77 B
Dividend Yield 0.00%
Description Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
Contact 111 Third Avenue, Seattle, WA, 98101 https://www.remitly.com/us/en
IPO Date Sept. 23, 2021
Employees 2800
Officers Mr. Joshua Hug Co-Founder & Vice Chair Ms. Ronit Peled Chief People Officer Mr. Pankaj Sharma Chief Business Officer Mr. Luke Tavis Chief Accounting Officer Ms. Saema Somalya J.D. Chief Legal & Corporate Affairs Officer Mr. Karim Meghji Executive Advisor Mr. Vikas Mehta Chief Financial Officer Mr. Stephen M. Shulstein Vice President of Investor Relations Mr. Matthew B. Oppenheimer Co-Founder, Chief Executive Officer, President & Director Mr. Ankur Sinha Chief Product Officer & Chief Technology Officer