Remitly Global, Inc. financial data

Symbol
RELY on Nasdaq
Industry
Services-Business Services, NEC
Location
Remitly Global, Inc., 1111 3 Rd Ave., 21 St Floor, Seattle, WA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 252 % -18.3%
Debt-to-equity 78.6 % +65.7%
Return On Equity -19 % +6.53%
Return On Assets -10.7 % +22.8%
Operating Margin -9.58 % +27%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 195M shares +7.69%
Common Stock, Shares, Outstanding 195M shares +7.69%
Entity Public Float 2.49B USD +175%
Common Stock, Value, Issued 20K USD +11.1%
Weighted Average Number of Shares Outstanding, Basic 193M shares +8.03%
Weighted Average Number of Shares Outstanding, Diluted 193M shares +8.03%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.08B USD +35.5%
Research and Development Expense 247M USD +35.2%
General and Administrative Expense 189M USD +24.6%
Costs and Expenses 1.19B USD +31.3%
Operating Income (Loss) -104M USD +1.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -93.9M USD +5.69%
Income Tax Expense (Benefit) 9.96M USD +12354%
Net Income (Loss) Attributable to Parent -104M USD -4.24%
Earnings Per Share, Basic -0.55 USD/shares +5.17%
Earnings Per Share, Diluted -0.55 USD/shares +5.17%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 185M USD -18.6%
Other Assets, Current 1.78M USD
Assets, Current 841M USD +23.8%
Property, Plant and Equipment, Net 22.2M USD +65.8%
Operating Lease, Right-of-Use Asset 11.9M USD +1.6%
Goodwill 54.9M USD 0%
Other Assets, Noncurrent 6.4M USD +2.42%
Assets 950M USD +21.1%
Accounts Payable, Current 20.9M USD +18.8%
Employee-related Liabilities, Current 10.8M USD +2.2%
Accrued Liabilities, Current 145M USD +47.3%
Liabilities, Current 342M USD +50.8%
Operating Lease, Liability, Noncurrent 6.19M USD -14.5%
Other Liabilities, Noncurrent 8.26M USD +822%
Liabilities 371M USD +38.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -404K USD -169%
Retained Earnings (Accumulated Deficit) -524M USD -24.7%
Stockholders' Equity Attributable to Parent 579M USD +12.2%
Liabilities and Equity 950M USD +21.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -56.8M USD -2374%
Net Cash Provided by (Used in) Financing Activities 26.1M USD
Net Cash Provided by (Used in) Investing Activities -4.31M USD +90%
Common Stock, Shares Authorized 725M shares 0%
Common Stock, Shares, Issued 195M shares +7.69%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -36.1M USD +35.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 189M USD -17.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 602K USD +76.5%
Deferred Tax Assets, Valuation Allowance 175M USD +72.4%
Deferred Tax Assets, Gross 180M USD +68.7%
Operating Lease, Liability 10.5M USD +14.3%
Depreciation 9.7M USD +29.3%
Payments to Acquire Property, Plant, and Equipment 945K USD +9.38%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -104M USD -5.4%
Lessee, Operating Lease, Liability, to be Paid 11.2M USD +15.1%
Property, Plant and Equipment, Gross 51.9M USD +45.6%
Operating Lease, Liability, Current 6.24M USD +10.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.67M USD -41.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.47M USD +65.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +21.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 733K USD +27.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.36M USD +3.66%
Deferred Tax Assets, Operating Loss Carryforwards 58.9M USD +0.18%
Unrecognized Tax Benefits 15.6M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 745K USD
Additional Paid in Capital 1.1B USD +17.9%
Amortization of Intangible Assets 4.9M USD 0%
Depreciation, Depletion and Amortization 14.5M USD +46.1%
Share-based Payment Arrangement, Expense 144M USD +22.3%
Interest Expense 2.89M USD +76.1%