Remitly Global ROE 2024

Remitly Global Aktienanalyse

What does Remitly Global do?

Remitly Global Inc is an international FinTech company based in Seattle, Washington. It was founded in 2011 by Matt Oppenheimer, Shivaas Gulati, and Neil Mahajan. Remitly specializes in money transfers to low-income countries and currently offers its services in over 20 countries worldwide. Remitly's business model is based on a mobile platform that allows customers to transfer money in real-time and at lower fees. The company also provides a 100% guarantee on the exchange rate as well as a money-back guarantee for unsatisfied customers. Remitly's various divisions include the retail customer market, the corporate customer market, and the e-commerce market. Through its platform, retail customers can send money to family and friends abroad. Remitly offers currencies such as the US dollar, the euro, and the Canadian dollar, as well as emerging market currencies such as the Mexican peso and the Philippine peso. For businesses, Remitly offers a fully integrated platform that allows corporate clients to pay international invoices, manage their payment flows, and reduce their international transaction fees. In the e-commerce market, Remitly offers real-time payment processing to accelerate the international expansion of e-commerce companies. Customers can also make transfers from their smartphones through Remitly's mobile platform. Remitly aims to make financial services more affordable and accessible. The company works closely with local banks and financial institutions in the countries where it operates to enhance its services and ensure seamless integration into the local financial infrastructure. In 2019, Remitly partnered with Visa to expand its card processing and payout services in countries such as the Philippines, India, and Mexico. This collaboration aims to make it easier for Remitly customers to process their transfers and withdraw money in local currency. Overall, Remitly is an emerging company that offers an innovative, user-friendly platform to facilitate international money transfers. Through its various business divisions, the company covers a wide range of financial transactions and services and is committed to making financial services more accessible and affordable. Remitly Global ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Remitly Global's Return on Equity (ROE)

Remitly Global's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Remitly Global's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Remitly Global's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Remitly Global’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Remitly Global stock

What is the ROE (Return on Equity) of Remitly Global this year?

The ROE of Remitly Global this year is -0.22 undefined.

How has the Return on Equity (ROE) of Remitly Global developed compared to the previous year?

The ROE of Remitly Global has increased by -6.25% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Remitly Global?

A high ROE indicates that Remitly Global generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Remitly Global?

A low ROE can indicate that Remitly Global is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Remitly Global affect the company?

A change in ROE (Return on Equity) of Remitly Global can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Remitly Global?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Remitly Global?

Some factors that can influence Remitly Global's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Remitly Global pay?

Over the past 12 months, Remitly Global paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Remitly Global is expected to pay a dividend of 0 USD.

What is the dividend yield of Remitly Global?

The current dividend yield of Remitly Global is .

When does Remitly Global pay dividends?

Remitly Global pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Remitly Global?

Remitly Global paid dividends every year for the past 0 years.

What is the dividend of Remitly Global?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Remitly Global located?

Remitly Global is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Remitly Global kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Remitly Global from 7/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did Remitly Global pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of Remitly Global in the year 2023?

In the year 2023, Remitly Global distributed 0 USD as dividends.

In which currency does Remitly Global pay out the dividend?

The dividends of Remitly Global are distributed in USD.