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Overview
Profile

Remitly Global stock

RELY
US75960P1049

Price

13.26
Today +/-
+0.34
Today %
+2.83 %
P

Remitly Global stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Remitly Global stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Remitly Global stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Remitly Global stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Remitly Global's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Remitly Global Stock Price History

DateRemitly Global Price
10/4/202413.26 undefined
10/3/202412.89 undefined
10/2/202413.00 undefined
10/1/202413.39 undefined
9/30/202413.39 undefined
9/27/202413.65 undefined
9/26/202413.80 undefined
9/25/202413.74 undefined
9/24/202413.78 undefined
9/23/202414.00 undefined
9/20/202414.13 undefined
9/19/202414.25 undefined
9/18/202414.22 undefined
9/17/202414.27 undefined
9/16/202414.46 undefined
9/13/202414.55 undefined
9/12/202414.46 undefined
9/11/202413.77 undefined
9/10/202413.62 undefined
9/9/202413.71 undefined
9/6/202413.44 undefined

Remitly Global Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Remitly Global, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Remitly Global from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Remitly Global’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Remitly Global. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Remitly Global’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Remitly Global’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Remitly Global’s growth potential.

Remitly Global Revenue, EBIT and net profit per share

DateRemitly Global RevenueRemitly Global EBITRemitly Global Net Income
2027e2.17 B undefined189.92 M undefined330.41 M undefined
2026e1.91 B undefined77.6 M undefined38.32 M undefined
2025e1.59 B undefined-16.43 M undefined-15.64 M undefined
2024e1.27 B undefined-75.68 M undefined-63.69 M undefined
2023944.29 M undefined-114.2 M undefined-117.84 M undefined
2022653.6 M undefined-121 M undefined-114 M undefined
2021458.6 M undefined-39.7 M undefined-38.8 M undefined
2020257 M undefined-29.2 M undefined-32.6 M undefined
2019126.6 M undefined-50.6 M undefined-63.5 M undefined

Remitly Global Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
201920202021202220232024e2025e2026e2027e
0.130.260.460.650.941.271.591.912.17
-103.9778.2142.5844.5634.3225.7119.7013.63
55.5656.8158.3060.3465.15----
701462673946150000
-50-29-39-121-114-75-1677189
-39.68-11.28-8.52-18.53-12.08-5.91-1.004.048.72
-63-32-38-114-117-63-1538330
--49.2118.75200.002.63-46.15-76.19-353.33768.42
161.4161.4164.2167.8180.820000
---------
Details

Keystats

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Revenue and Growth

The Remitly Global Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Remitly Global is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (M)TOTAL ASSETS (M)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (M)OTHER EQUITY (k)UNREAL. GAINS/LOSSES (M)EQUITY (M)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (M)TOTAL CAPITAL (B)
20192020202120222023
         
214.2288.3522.9458.7519.56
00000
00000
00000
4.86.417.419.333.14
219294.7540.3478552.7
15.815.314.620.225.54
00000
00000
000016.64
000054.94
1.72.43.66.37.07
17.517.718.226.5104.19
236.5312.4558.5504.5656.89
         
302.9387.7000.02
00.010.740.851.02
-188.1-220.7-259.4-373.5-491.3
0600300-700335
00000
116.1176.4480.4480.1529.34
0.24.31.26.835.05
15.322.847.961.289.53
84.174.892.5141.1239.78
4580002.48
00000
144.6181.9141.6209.1366.84
0000130
00000
5.44.83.76.710.13
5.44.83.76.7140.13
150186.7145.3215.8506.97
0.270.360.630.71.04
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of Remitly Global provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Remitly Global's financial health and stability.

Assets

Remitly Global's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Remitly Global must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Remitly Global after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Remitly Global's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (k)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (k)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20192020202120222023
-51-32-38-114-117
245613
00000
53-90-9-95-91
71041192279
1,0001,000000
00020
8-114-18-105-53
-7-4-4-7-9
-7-4-4-7-50
0000-40
00000
635-800112
110873161120
11712223811126
001,0000-6,000
00000
1184215-10224
1.23-118.58-22.92-112.2-62.69
00000

Remitly Global stock margins

The Remitly Global margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Remitly Global. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Remitly Global.

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Gross margin
EBIT margin
Profit margin
Details

Margin

ⓘ

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Remitly Global's sales revenue. A higher gross margin percentage indicates that the Remitly Global retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Remitly Global's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Remitly Global's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Remitly Global's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Remitly Global. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Remitly Global's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Remitly Global Margin History

Remitly Global Gross marginRemitly Global Profit marginRemitly Global EBIT marginRemitly Global Profit margin
2027e65.15 %8.76 %15.24 %
2026e65.15 %4.07 %2.01 %
2025e65.15 %-1.03 %-0.98 %
2024e65.15 %-5.97 %-5.02 %
202365.15 %-12.09 %-12.48 %
202260.39 %-18.51 %-17.44 %
202158.22 %-8.66 %-8.46 %
202057 %-11.36 %-12.68 %
201955.85 %-39.97 %-50.16 %

Remitly Global Stock Sales Revenue, EBIT, Earnings per Share

The Remitly Global earnings per share therefore indicates how much revenue Remitly Global has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Remitly Global earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Remitly Global's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Remitly Global’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Remitly Global's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Remitly Global Revenue, EBIT and net profit per share

DateRemitly Global Sales per ShareRemitly Global EBIT per shareRemitly Global Earnings per Share
2027e11.11 undefined0 undefined1.69 undefined
2026e9.78 undefined0 undefined0.2 undefined
2025e8.17 undefined0 undefined-0.08 undefined
2024e6.5 undefined0 undefined-0.33 undefined
20235.22 undefined-0.63 undefined-0.65 undefined
20223.9 undefined-0.72 undefined-0.68 undefined
20212.79 undefined-0.24 undefined-0.24 undefined
20201.59 undefined-0.18 undefined-0.2 undefined
20190.78 undefined-0.31 undefined-0.39 undefined

Remitly Global business model

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 is one of the most popular companies on Eulerpool.com.

Remitly Global Revenue by Region

  • Max

Details

Revenue by Segment

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Overview of Revenue by Region

The chart shows revenues by region and provides a clear comparison of regional revenue distribution. Each region is clearly marked to illustrate the differences.

Interpretation and Usage

The diagram helps to identify the regions with the highest revenue and to make targeted decisions for regional expansion or investments. It supports the analysis of market potentials and strategic priorities.

Investment Strategy

An investment strategy focused on regions concentrates on the deliberate capital allocation in different markets to optimally use regional growth opportunities. It takes into account market conditions and regional risk factors.

Remitly Global Revenue by Segment

DateCanadaRest of worldUnited States
2023113.31 M USD199.23 M USD631.75 M USD
202280.14 M USD100.66 M USD472.75 M USD
202156.92 M USD63.5 M USD338.19 M USD

Remitly Global SWOT Analysis

Strengths

Remitly Global Inc has several strengths that contribute to its success in the market. These include:

  • Advanced technology platform: Remitly utilizes a highly sophisticated and user-friendly technology platform, allowing for seamless international money transfers.
  • Strong brand reputation: The company has built a solid reputation for providing secure, fast, and reliable money transfer services, resulting in a loyal customer base.
  • Competitive exchange rates: Remitly offers competitive exchange rates, making their services attractive to customers and giving them an edge over their competitors.
  • Extensive network: With a wide network of banking partners and payout locations around the world, Remitly can efficiently facilitate money transfers to various countries.

Weaknesses

Despite its strengths, Remitly Global Inc also faces some weaknesses that pose challenges to its growth and success, including:

  • Limited geographical coverage: Although Remitly has a wide network, its coverage may still be limited compared to some of its competitors, potentially restricting its customer base.
  • Dependence on partnerships: Remitly relies on partnerships with banks and payout locations, which may result in dependency risks and vulnerabilities.
  • Regulatory hurdles: The money transfer industry is highly regulated, and compliance with different regulations across countries can be complex and costly for Remitly.
  • Reliance on foreign exchange rates: Fluctuations in foreign exchange rates can significantly impact Remitly's profitability and customer satisfaction.

Opportunities

Remitly Global Inc can take advantage of various opportunities to further expand and improve its business, including:

  • Growing market demand: The increasing globalization and international migration trends create a favorable market environment, with a growing demand for money transfer services.
  • Digital transformation: The ongoing digital transformation opens up opportunities for Remitly to enhance its technology capabilities, improving customer experience and operational efficiency.
  • Expansion into new markets: Remitly can consider expanding its services to untapped markets, both geographically and by targeting underserved customer segments.
  • Partnership collaborations: Forming strategic partnerships with banks, fintech companies, or other relevant players can help Remitly access new customer segments and expand its market reach.

Threats

Remitly Global Inc faces several threats that could potentially hinder its growth and profitability, including:

  • Intense competition: The money transfer industry is highly competitive, with numerous established players and emerging fintech startups entering the market, posing a threat to Remitly's market share.
  • Economic and political instability: Economic downturns, political crises, and changing government regulations in key markets can significantly impact Remitly's operations and revenue streams.
  • Cybersecurity risks: As a technology-driven company, Remitly must constantly address and mitigate cybersecurity risks to protect customer data and maintain trust.
  • Currency risks: Volatility in currency markets can expose Remitly to potential losses and affect its ability to offer competitive exchange rates.

Remitly Global Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Remitly Global historical P/E ratio, EBIT multiple, and P/S ratio

Remitly Global shares outstanding

The number of shares was Remitly Global in 2023 — This indicates how many shares 180.818 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Remitly Global earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Remitly Global's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Remitly Global’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Remitly Global's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Unfortunately, there are currently no price targets and forecasts available for Remitly Global.

Remitly Global latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/2024-0.1 -0.06  (37.63 %)2024 Q2
3/31/2024-0.15 -0.11  (25.27 %)2024 Q1
12/31/2023-0.2 -0.19  (4.47 %)2023 Q4
9/30/2023-0.16 -0.2  (-22.55 %)2023 Q3
6/30/2023-0.17 -0.11  (34.64 %)2023 Q2
3/31/2023-0.18 -0.16  (12.85 %)2023 Q1
12/31/2022-0.14 -0.11  (23.5 %)2022 Q4
9/30/2022-0.14 -0.2  (-41.94 %)2022 Q3
6/30/2022-0.13 -0.23  (-78.43 %)2022 Q2
3/31/2022-0.13 -0.14  (-11.29 %)2022 Q1
1
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Eulerpool ESG Scorecard© for the Remitly Global stock

Eulerpool World ESG Rating (EESG©)

18/ 100

🌱 Environment

4

👫 Social

28

🏛️ Governance

22

Environment

Scope 1 - Direct Emissions
—
Scope 2 - Indirect emissions from purchased energy
—
Scope 3 - Indirect emissions within the value chain
—
Total CO₂ emissions
—
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
❌

Social

Percentage of female employees45
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept❌
Privacy concept—
Occupational health and safety✅
Catholic✅

Governance (Corporate Governance)

Environmental reporting❌
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Remitly Global shareholders

%
Name
Stocks
Change
Date
6.63793 % The Vanguard Group, Inc.12,953,2481,338,41412/31/2023
5.70423 % Baillie Gifford & Co.11,131,2335,057,55712/31/2023
4.45947 % BlackRock Institutional Trust Company, N.A.8,702,205721,16412/31/2023
4.22756 % JP Morgan Asset Management8,249,667-912,40312/31/2023
3.94195 % Generation Investment Management LLP7,692,320-300,00012/31/2023
2.64298 % Wellington Management Company, LLP5,157,506958,96112/31/2023
2.39726 % Oppenheimer (Matthew B.)4,678,021-20,8323/13/2024
2.37253 % Fidelity Management & Research Company LLC4,629,751-161,61912/31/2023
2.15117 % Hug (Joshua David)4,197,786-80,0004/10/2024
19.13587 % Naspers Ltd37,341,745012/31/2023
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Remitly Global Executives and Management Board

Mr. Ankur Sinha38
Remitly Global Chief Technology Officer
Compensation 11.6 M
Mr. Hemanth Munipalli
Remitly Global Chief Financial Officer
Compensation 8.82 M
Mr. Joshua Hug44
Remitly Global Chief Operating Officer, Director (since 2011)
Compensation 3.02 M
Ms. Rene Yoakum63
Remitly Global Executive Vice President - Customer and Culture
Compensation 1.48 M
Mr. Matthew Oppenheimer40
Remitly Global Chairman of the Board, Chief Executive Officer (since 2011)
Compensation 293,125
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Remitly Global Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
Barclays Stock
Barclays
SupplierCustomer0,80-0,17-0,020,34--
HSBC Holdings Stock
HSBC Holdings
SupplierCustomer0,560,120,02-0,81--
JPMorgan Chase Stock
JPMorgan Chase
SupplierCustomer0,410,520,130,78--
Wells Fargo Stock
Wells Fargo
SupplierCustomer0,330,510,090,17--
Visa A Stock
Visa A
SupplierCustomer0,090,230,25-0,34--
Naspers N Stock
Naspers N
SupplierCustomer-0,02-0,63-0,510,77--
Meta Platforms A Stock
Meta Platforms A
SupplierCustomer-0,150,580,320,88--
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Most common questions regarding Remitly Global

What values and corporate philosophy does Remitly Global represent?

Remitly Global Inc represents a values-driven corporate philosophy. The company is focused on empowering and improving the lives of immigrants and their families by providing a safe and convenient way to send money across borders. Remitly prioritizes customer satisfaction and aims to provide fast, reliable, and affordable money transfer services. The company emphasizes transparency, ensuring that customers have access to real-time updates and competitive exchange rates. Remitly also places great importance on social responsibility, collaborating with local organizations to support communities and promote financial inclusion. Through its dedication to innovation and customer-centric approach, Remitly Global Inc strives to be a trusted partner for cross-border financial transactions.

In which countries and regions is Remitly Global primarily present?

Remitly Global Inc primarily operates in several countries and regions worldwide. The company's presence extends to the United States, Canada, the United Kingdom, Australia, and several countries in Europe. With its mission to make international money transfers easier, Remitly enables individuals to send money to loved ones in countries such as India, Mexico, the Philippines, Nigeria, Colombia, and many others. By offering a convenient and secure online platform, Remitly has established a strong presence in both developed and emerging markets, providing efficient and affordable remittance services to various parts of the world.

What significant milestones has the company Remitly Global achieved?

Remitly Global Inc has achieved several significant milestones since its establishment. The company reached the milestone of processing $1 billion in annualized volume for its digital money transfers. Furthermore, it expanded its services to over 100 countries, allowing customers worldwide to send and receive money conveniently. Remitly also secured substantial funding, raising a total of $420 million in multiple funding rounds, enabling its rapid growth and innovation in the transfer industry. The company's exceptional achievement of being valued at $1.5 billion as of July 2020 highlights its success and position in the market. Overall, Remitly Global Inc has demonstrated remarkable growth, global outreach, and financial success.

What is the history and background of the company Remitly Global?

Remitly Global Inc is a leading digital remittance company founded in 2011 by Matthew Oppenheimer and Josh Hug. Headquartered in Seattle, Washington, Remitly offers online money transfer services, allowing customers to send funds internationally, particularly to developing countries. The company's vision is to transform the lives of immigrants and their families by providing a secure, convenient, and cost-effective way to send and receive money. Over the years, Remitly has expanded its services, offering features like mobile wallets and cash pickups to cater to diverse customer needs. With its innovative platform and commitment to financial inclusion, Remitly has established itself as a trusted name in the remittance industry.

Who are the main competitors of Remitly Global in the market?

The main competitors of Remitly Global Inc in the market are Western Union, PayPal, and TransferWise.

In which industries is Remitly Global primarily active?

Remitly Global Inc is primarily active in the fintech and digital remittance industries.

What is the business model of Remitly Global?

The business model of Remitly Global Inc revolves around providing international money transfer services. Remitly offers a digital platform that enables users to send money across borders securely and conveniently. Through its online and mobile applications, individuals can send money to their loved ones abroad, supporting both bank deposits and cash pick-up options. Remitly's efficient and cost-effective model aims to provide customers with competitive exchange rates and low transaction fees. By leveraging technology and streamlined processes, Remitly Global Inc has established itself as a leading player in the fintech industry, facilitating smooth and reliable cross-border transactions.

What is the P/E ratio of Remitly Global 2024?

The Remitly Global P/E ratio is -37.64.

What is the P/S ratio of Remitly Global 2024?

The Remitly Global P/S ratio is 1.89.

What is the AlleAktien quality score of Remitly Global?

The AlleAktien quality score for Remitly Global is 4/10.

What is the revenue of Remitly Global 2024?

The expected Remitly Global revenue is 1.27 B USD.

How high is the profit of Remitly Global 2024?

The expected Remitly Global profit is -63.69 M USD.

What is the business model of Remitly Global

Remitly Global Inc. is a US-based FinTech company that specializes in international money transfers. It was founded in 2011 and is headquartered in Seattle, Washington. The company enables its users to send money quickly and easily to over 50 countries worldwide. Remitly offers two main products: "Express" and "Economy". The Express product is fast but more expensive, while the Economy product is slower and cheaper. Users can choose which option best suits their needs and budget. Remitly's business model is based on the goal of making sending money abroad easier, faster, and cheaper. The company specializes in providing a fast and user-friendly platform for customers to send money abroad without worrying about hidden fees or high exchange rates. The company earns its revenue through fees and exchange rates. Remitly charges a transaction fee per transfer, which varies depending on the country and transfer method. Additionally, the company also earns money through the exchange rate it charges customers. Remitly typically uses an exchange rate slightly below the market value to profit from this difference. Remitly targets various audiences, including immigrants living in the US who want to send money to their families and friends in other countries. The company also aims to assist people who need to send money to other countries for business or personal purposes. Part of Remitly's business model is providing an excellent user experience. The platform is user-friendly and easy to use. Remitly also offers excellent customer support, with a team available around the clock to address any questions and concerns. Remitly has also partnered with various banks and financial service companies to expand its reach. Through these partnerships, users can directly transfer funds to their bank accounts in certain countries, for example. Overall, Remitly's business model is focused on making sending money abroad as simple, fast, and affordable as possible. Through a combination of user-friendly technology, fair fees, and excellent customer support, the company has found a niche in the market and has become one of the leading providers of international money transfers. Answer: Remitly Global Inc. is a US-based FinTech company specializing in international money transfers. It offers two main products, Express and Economy, allowing users to send money to over 50 countries worldwide. Remitly's business model prioritizes a user-friendly experience, fair fees, and excellent customer support. The company earns revenue through transaction fees and exchange rates, often below the market rate. It targets various audiences, including immigrants and individuals sending money abroad for personal or business purposes. Remitly also partners with banks and financial service companies to expand its services. Overall, Remitly aims to simplify and make money transfers abroad affordable.

What is the Remitly Global dividend?

Remitly Global pays a dividend of 0 USD distributed over payouts per year.

How often does Remitly Global pay dividends?

The dividend cannot currently be calculated for Remitly Global or the company does not pay out a dividend.

What is the Remitly Global ISIN?

The ISIN of Remitly Global is US75960P1049.

What is the Remitly Global ticker?

The ticker of Remitly Global is RELY.

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 10/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/5/2024.

When did Remitly Global pay the last dividend?

The last dividend was paid out on 10/5/2024.

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.

All fundamentals about Remitly Global

Our stock analysis for Remitly Global Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Remitly Global Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.