Remitly Global, Inc. Annual Operating Margin in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Remitly Global, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Remitly Global, Inc. Operating Margin for the quarter ending June 30, 2024 was -9.58 %, a 27% increase year-over-year.
  • Remitly Global, Inc. annual Operating Margin for 2023 was -12.1 %, a 34.7% increase from 2022.
  • Remitly Global, Inc. annual Operating Margin for 2022 was -18.5 %, a 114% decline from 2021.
  • Remitly Global, Inc. annual Operating Margin for 2021 was -8.66 %, a 23.8% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -12.1 +6.43 +34.7% Jan 1, 2023 Dec 31, 2023
2022 -18.5 -9.86 -114% Jan 1, 2022 Dec 31, 2022
2021 -8.66 +2.7 +23.8% Jan 1, 2021 Dec 31, 2021
2020 -11.4 +28.6 +71.6% Jan 1, 2020 Dec 31, 2020
2019 -40 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.