RELY Chart
About

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 3.41B
Enterprise Value 3.06B Income 67.93M Sales 1.64B
Book/sh 4.12 Cash/sh 2.58 Dividend Yield —
Payout 0.00% Employees 3200 IPO —
P/E 52.23 Forward P/E 11.10 PEG —
P/S 2.09 P/B 3.92 P/C —
EV/EBITDA 27.13 EV/Sales 1.87 Quick Ratio 2.13
Current Ratio 3.30 Debt/Eq 22.11 LT Debt/Eq —
EPS (ttm) 0.31 EPS next Y 1.46 EPS Growth —
Revenue Growth 25.70% Earnings 2026-05-06 ROA 3.92%
ROE 8.85% ROIC — Gross Margin 60.20%
Oper. Margin 8.78% Profit Margin 4.16% Shs Outstand 210.65M
Shs Float 173.48M Short Float 5.78% Short Ratio 3.24
Short Interest — 52W High 24.79 52W Low 12.08
Beta 0.11 Avg Volume 3.54M Volume 3.68M
Target Price $21.12 Recom Strong_buy Prev Close $16.30
Price $16.19 Change -0.67%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.13
Mean price target
2. Current target
$16.19
Latest analyst target
3. DCF / Fair value
$2.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$16.19
Low
$17.00
High
$28.00
Mean
$21.13

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main Cantor Fitzgerald Overweight → Overweight $20
2026-02-19 main Goldman Sachs Buy → Buy $20
2026-02-19 main Citizens Market Outperform → Market Outperform $22
2026-01-27 init Cantor Fitzgerald — → Overweight $17
2026-01-20 main JP Morgan Overweight → Overweight $22
2025-11-06 main JP Morgan Overweight → Overweight $23
2025-10-13 main Goldman Sachs Buy → Buy $21
2025-09-15 main JMP Securities Market Outperform → Market Outperform $23
2025-09-09 up Wolfe Research Peer Perform → Outperform $25
2025-08-07 main Keybanc Overweight → Overweight $28
2025-05-12 main Barclays Overweight → Overweight $27
2025-05-08 main Keybanc Overweight → Overweight $27
2025-05-08 main Goldman Sachs Buy → Buy $26
2025-04-23 main Keybanc Overweight → Overweight $24
2025-04-10 reit JMP Securities Market Outperform → Market Outperform $32
2025-04-02 main Goldman Sachs Buy → Buy $26
2025-02-24 main Barclays Overweight → Overweight $29
2025-02-20 main JP Morgan Overweight → Overweight $30
2025-02-20 main Goldman Sachs Buy → Buy $33
2025-02-20 main BMO Capital Outperform → Outperform $32
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3000 49050.0 — Sale at price 16.35 per share. SHARMA PANKAJ Officer — 2026-02-19 00:00:00 D
1 4500 58005.0 — Sale at price 12.89 per share. BLIGNAUT RYNO Director — 2026-02-17 00:00:00 D
2 2000 27400.0 — Sale at price 13.70 per share. SHARMA PANKAJ Officer — 2026-02-11 00:00:00 D
3 4500 65520.0 — Sale at price 14.56 per share. BLIGNAUT RYNO Director — 2025-12-15 00:00:00 D
4 70000 — — Stock Gift at price 0.00 per share. HUG JOSHUA DAVID Director — 2025-12-11 00:00:00 D
5 3000 45000.0 — Sale at price 15.00 per share. SHARMA PANKAJ Officer — 2025-12-10 00:00:00 D
6 40776 543544.0 — Sale at price 13.33 per share. HUG JOSHUA DAVID Director — 2025-12-01 00:00:00 D
7 4500 59625.0 — Sale at price 13.25 per share. BLIGNAUT RYNO Director — 2025-11-26 00:00:00 D
8 525 nan — — MORRIS NIGEL W Director — 2025-11-25 00:00:00 D
9 715 nan — — SMYTH MARGARET MARY Director — 2025-11-25 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-8.96M-96.47M-104.95M-31.20M
NetIncomeFromContinuingOperationNetMinorityInterest-36.98M-117.84M-114.02M-38.76M
ReconciledDepreciation18.05M13.12M6.72M5.26M
ReconciledCostOfRevenue515.52M411.63M326.93M237.13M
EBITDA-8.96M-96.47M-104.95M-31.20M
EBIT-27.01M-109.59M-111.67M-36.46M
NetInterestIncome4.84M5.09M2.85M-1.12M
InterestExpense3.24M2.35M1.30M1.26M
InterestIncome8.08M7.45M4.15M140.00K
NormalizedIncome-36.98M-117.84M-114.02M-38.76M
NetIncomeFromContinuingAndDiscontinuedOperation-36.98M-117.84M-114.02M-38.76M
TotalExpenses1.30B1.06B774.60M498.33M
TotalOperatingIncomeAsReported-39.09M-114.19M-121.04M-39.72M
DilutedAverageShares194.65M180.82M167.77M60.73M
BasicAverageShares194.65M180.82M167.77M60.73M
DilutedEPS-0.19-0.65-0.68-0.64
BasicEPS-0.19-0.65-0.68-0.64
DilutedNIAvailtoComStockholders-36.98M-117.84M-114.02M-38.76M
NetIncomeCommonStockholders-36.98M-117.84M-114.02M-38.76M
NetIncome-36.98M-117.84M-114.02M-38.76M
NetIncomeIncludingNoncontrollingInterests-36.98M-117.84M-114.02M-38.76M
NetIncomeContinuousOperations-36.98M-117.84M-114.02M-38.76M
TaxProvision6.73M5.90M1.04M1.04M
PretaxIncome-30.25M-111.94M-112.98M-37.71M
OtherIncomeExpense4.00M-2.84M5.21M3.12M
OtherNonOperatingIncomeExpenses4.00M-2.84M5.21M3.12M
NetNonOperatingInterestIncomeExpense4.84M5.09M2.85M-1.12M
InterestExpenseNonOperating3.24M2.35M1.30M1.26M
InterestIncomeNonOperating8.08M7.45M4.15M140.00K
OperatingIncome-39.09M-114.19M-121.04M-39.72M
OperatingExpense787.53M646.85M447.66M261.20M
DepreciationAmortizationDepletionIncomeStatement18.05M13.12M6.72M5.26M
DepreciationAndAmortizationInIncomeStatement18.05M13.12M6.72M5.26M
ResearchAndDevelopment269.82M219.94M138.72M64.09M
SellingGeneralAndAdministration499.66M413.79M302.22M191.85M
SellingAndMarketingExpense303.80M234.42M170.97M120.91M
GeneralAndAdministrativeExpense195.86M179.37M131.25M70.94M
OtherGandA195.86M179.37M131.25M70.94M
GrossProfit748.44M532.65M326.63M221.47M
CostOfRevenue515.52M411.63M326.93M237.13M
TotalRevenue1.26B944.28M653.56M458.61M
OperatingRevenue1.26B944.28M653.56M458.61M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber200.53M188.44M173.25M164.24M
ShareIssued200.53M188.44M173.25M164.24M
TotalDebt16.29M142.99M9.20M6.15M
TangibleBookValue600.07M457.75M480.09M480.33M
InvestedCapital667.94M661.82M480.09M480.33M
WorkingCapital568.51M565.28M460.28M465.94M
NetTangibleAssets600.07M457.75M480.09M480.33M
CapitalLeaseObligations13.82M10.51M9.20M6.15M
CommonStockEquity665.47M529.34M480.09M480.33M
TotalCapitalization665.47M659.34M480.09M480.33M
TotalEquityGrossMinorityInterest665.47M529.34M480.09M480.33M
StockholdersEquity665.47M529.34M480.09M480.33M
GainsLossesNotAffectingRetainedEarnings-1.66M335.00K-743.00K253.00K
OtherEquityAdjustments-1.66M335.00K-743.00K253.00K
RetainedEarnings-528.28M-491.30M-373.46M-259.44M
AdditionalPaidInCapital1.20B1.02B854.28M739.50M
CapitalStock20.00K19.00K17.00K16.00K
CommonStock20.00K19.00K17.00K16.00K
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest347.40M506.97M215.87M145.34M
TotalNonCurrentLiabilitiesNetMinorityInterest18.39M140.13M6.72M3.72M
OtherNonCurrentLiabilities9.32M5.65M1.05M813.00K
LongTermDebtAndCapitalLeaseObligation9.07M134.48M5.67M2.91M
LongTermCapitalLeaseObligation9.07M4.48M5.67M2.91M
LongTermDebt130.00M
CurrentLiabilities329.01M366.84M209.14M141.62M
OtherCurrentLiabilities222.93M249.41M137.34M89.41M
CurrentDebtAndCapitalLeaseObligation7.21M8.51M3.52M3.24M
CurrentCapitalLeaseObligation4.75M6.03M3.52M3.24M
CurrentDebt2.47M2.48M
OtherCurrentBorrowings2.48M
LineOfCredit2.47M2.48M0.00
PensionandOtherPostRetirementBenefitPlansCurrent4.04M3.56M1.93M1.55M
CurrentProvisions3.58M3.36M3.76M3.13M
PayablesAndAccruedExpenses91.24M101.99M62.59M44.28M
CurrentAccruedExpenses69.19M57.68M47.51M43.07M
Payables22.05M44.31M15.08M1.21M
TotalTaxPayable5.89M9.26M8.29M
AccountsPayable16.16M35.05M6.79M1.21M
TotalAssets1.01B1.04B695.95M625.66M
TotalNonCurrentAssets115.36M104.19M26.53M18.11M
OtherNonCurrentAssets5.39M7.07M6.31M3.56M
GoodwillAndOtherIntangibleAssets65.40M71.58M0.00
OtherIntangibleAssets10.46M16.64M
Goodwill54.94M54.94M0.00
NetPPE44.57M25.54M20.22M14.55M
AccumulatedDepreciation-35.75M-26.43M-18.52M-13.11M
GrossPPE80.31M51.97M38.74M27.66M
Leases8.72M8.08M7.04M6.66M
ConstructionInProgress7.67M0.00722.00K533.00K
OtherProperties13.00M9.53M8.68M5.30M
MachineryFurnitureEquipment50.92M34.36M22.30M15.17M
BuildingsAndImprovements13.00M9.53M8.68M5.30M
Properties0.000.000.000.00
CurrentAssets897.51M932.12M669.42M607.55M
OtherCurrentAssets4.43M3.54M19.33M17.45M
RestrictedCash658.00K774.00K
PrepaidAssets311.31M206.27M158.06M119.63M
Receivables213.02M397.83M191.40M67.22M
OtherReceivables15.80M15.60M191.40M67.22M
TaxesReceivable3.25M2.81M
LoansReceivable1.52M
AccountsReceivable193.97M379.42M191.40M67.22M
CashCashEquivalentsAndShortTermInvestments368.10M323.71M300.63M403.26M
CashAndCashEquivalents368.10M323.71M300.63M403.26M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow176.78M-62.69M-115.72M-22.93M
RepurchaseOfCapitalStock0.00
RepaymentOfDebt-1.58B-651.07M-384.00K-80.00M
IssuanceOfDebt1.45B764.00M0.003.06M
IssuanceOfCapitalStock0.000.00308.17M
CapitalExpenditure-17.70M-9.10M-7.06M-4.53M
InterestPaidSupplementalData2.55M1.65M906.00K934.00K
IncomeTaxPaidSupplementalData3.16M5.30M2.28M756.00K
EndCashPosition369.82M325.03M300.73M403.31M
BeginningCashPosition325.03M300.73M403.31M188.07M
EffectOfExchangeRateChanges-4.55M1.27M-1.20M-40.00K
ChangesInCash49.34M23.02M-101.38M215.28M
FinancingCashFlow-127.44M126.65M14.59M238.20M
CashFlowFromContinuingFinancingActivities-127.44M126.65M14.59M238.20M
NetOtherFinancingCharges-15.49M-6.70M-99.00K-1.37M
ProceedsFromStockOptionExercised18.05M20.42M15.07M8.35M
NetPreferredStockIssuance0.000.002.98M
PreferredStockPayments0.00
PreferredStockIssuance0.000.002.98M
NetCommonStockIssuance0.000.00305.19M
CommonStockPayments0.00
CommonStockIssuance0.000.00305.19M
NetIssuancePaymentsOfDebt-130.00M112.93M-384.00K-76.94M
NetShortTermDebtIssuance130.00M0.00-80.00M
ShortTermDebtPayments-634.00M0.00-80.00M
ShortTermDebtIssuance764.00M0.000.00
NetLongTermDebtIssuance-130.00M112.93M-384.00K3.06M
LongTermDebtPayments-1.58B-651.07M-384.00K0.00
LongTermDebtIssuance1.45B764.00M0.003.06M
InvestingCashFlow-17.70M-50.04M-7.31M-4.53M
CashFlowFromContinuingInvestingActivities-17.70M-50.04M-7.31M-4.53M
NetBusinessPurchaseAndSale0.00-40.93M-248.00K0.00
PurchaseOfBusiness0.00-40.93M-248.00K0.00
NetIntangiblesPurchaseAndSale-2.58M
PurchaseOfIntangibles-2.58M
NetPPEPurchaseAndSale-6.00M-2.86M-3.68M-1.96M
PurchaseOfPPE-6.00M-2.86M-3.68M-1.96M
CapitalExpenditureReported-11.70M-6.25M-3.38M-2.58M
OperatingCashFlow194.49M-53.59M-108.66M-18.39M
CashFlowFromContinuingOperatingActivities194.49M-53.59M-108.66M-18.39M
ChangeInWorkingCapital58.23M-91.15M-98.98M-9.29M
ChangeInOtherWorkingCapital42.98M16.10M
ChangeInOtherCurrentLiabilities6.53M56.98M38.91M12.80M
ChangeInOtherCurrentAssets-87.11M-26.59M-34.66M-15.29M
ChangeInPayablesAndAccruedExpense-35.32M74.92M28.32M23.04M
ChangeInAccruedExpense-14.50M47.36M22.78M26.07M
ChangeInPayable-20.82M27.56M5.54M-3.04M
ChangeInAccountPayable-20.82M27.56M5.54M-3.04M
ChangeInPrepaidAssets-12.22M-13.04M-4.60M-12.56M
ChangeInReceivables186.36M-183.42M-126.94M-17.28M
ChangesInAccountReceivables186.36M-183.42M-126.94M-17.28M
OtherNonCashItems3.04M5.31M2.33M7.38M
StockBasedCompensation152.14M136.97M95.29M17.02M
DepreciationAmortizationDepletion18.05M13.12M6.72M5.26M
DepreciationAndAmortization18.05M13.12M6.72M5.26M
AmortizationCashFlow6.20M
AmortizationOfIntangibles6.20M
Depreciation11.90M
NetIncomeFromContinuingOperations-36.98M-117.84M-114.02M-38.76M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RELY
Date User Asset Broker Type Position Size Entry Price Patterns