Remitly Global, Inc. (RELY) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Remitly Global, Inc. (RELY) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

RELY

Market Closed

Remitly Global, Inc.

NASDAQTechnology Software - Infrastructure

3.20K employees

CEO: Sebastian J. Gunningham

Founded: 2021

$22.53

+$0.00(+NaN%)

Market Cap

4.74B

Beta

0.34

52W Range

N/A

Dividend Yield

0.00%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

57.1%

24.8%

CAGR: 43.3%

Profit after direct costs

Operating Margin

5.0%

-308.9%

CAGR: N/A

Core business profitability

Net Margin

4.2%

-283.7%

CAGR: N/A

Bottom line profitability

Revenue Growth

29.4%

YoY

CAGR: 37.4%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how RELY allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

57.1%

$934.37M

Operating Margin

5.0%

$81.65M

Net Margin

4.2%

$67.93M

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	458.61M	653.56M	944.28M	1.26B	1.64B	29.4%
Cost of Revenue	(237.13M)	(326.93M)	(411.63M)	(515.52M)	(700.77M)	35.9%
Gross Profit	221.47M	326.63M	532.65M	748.44M	934.37M	24.8%
Operating Expenses
Research & Development	(64.09M)	(138.72M)	(219.94M)	(269.82M)	(313.91M)	16.3%
Selling, General & Administrative	(191.85M)	(302.22M)	(413.79M)	(499.66M)	(568.03M)	13.7%
General & Administrative	(70.94M)	(131.25M)	(179.37M)	(195.86M)	(225.13M)	14.9%
Selling & Marketing	(120.91M)	(170.97M)	(234.42M)	(303.80M)	(342.90M)	12.9%
Depreciation & Amortization	(5.26M)	(6.72M)	(13.12M)	(18.05M)	(25.03M)	38.7%
Operating Income (EBIT)	-39.72M	-121.04M	-114.19M	-39.09M	81.65M	-308.9%
Non-Operating Items
Interest Income	140.00K	4.15M	7.45M	8.08M	7.70M	-4.7%
Interest Expense	(1.26M)	(1.30M)	(2.35M)	(3.24M)	(7.61M)	134.9%
Other Income/Expenses (Net)	2.01M	8.06M	2.26M	8.84M	-10.02M	-213.4%
Income Before Tax	-37.71M	-112.98M	-111.94M	-30.25M	71.63M	-336.8%
Income Tax Expense	(1.04M)	(1.04M)	(5.90M)	(6.73M)	(3.69M)	-45.1%
Net Income	-38.76M	-114.02M	-117.84M	-36.98M	67.93M	-283.7%
Per Share Metrics
Earnings Per Share (Basic)	$-1	$-1	$-1	$-0	$0	-273.7%
Weighted Avg Shares Outstanding	60.73M	167.77M	180.82M	194.65M	205.83M	5.7%
Weighted Avg Shares Outstanding (Diluted)	60.73M	167.77M	180.82M	194.65M	217.57M	11.8%
EBITDA	-31.20M	-104.95M	-96.47M	-8.96M	104.27M	-1264.3%

Explore RELY

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

RELY in the Technology

Mid Cap

Technology

Browse sector stocks →

Software - Infrastructure

Browse industry stocks →