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, Washington
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 263 % -13.3%
Debt-to-equity 76.1 % +57.8%
Return On Equity -20.9 % +16.3%
Return On Assets -11.9 % +29.5%
Operating Margin -10.5 % +39.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 192 M shares +8.17%
Common Stock, Shares, Outstanding 192 M shares +8.2%
Entity Public Float 2.49 B USD +175%
Common Stock, Value, Issued 19 K USD +5.56%
Weighted Average Number of Shares Outstanding, Basic 190 M shares +8.41%
Weighted Average Number of Shares Outstanding, Diluted 190 M shares +8.41%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.01 B USD +39.9%
Research and Development Expense 234 M USD +42.1%
General and Administrative Expense 182 M USD +22%
Costs and Expenses 1.12 B USD +31.7%
Operating Income (Loss) -106 M USD +15.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -104 M USD +11.9%
Income Tax Expense (Benefit) 6.53 M USD +638%
Net Income (Loss) Attributable to Parent -111 M USD +7.07%
Earnings Per Share, Basic -0.6 USD/shares +14.3%
Earnings Per Share, Diluted -0.6 USD/shares +14.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 286 M USD +17.1%
Other Assets, Current 1.16 M USD
Assets, Current 972 M USD +60.2%
Property, Plant and Equipment, Net 19.3 M USD +52.7%
Operating Lease, Right-of-Use Asset 10.3 M USD -20.4%
Goodwill 54.9 M USD -0.09%
Other Assets, Noncurrent 7.17 M USD +4.52%
Assets 1.08 B USD +50.9%
Accounts Payable, Current 12.3 M USD +322%
Employee-related Liabilities, Current 10.6 M USD +19.7%
Accrued Liabilities, Current 155 M USD +95.1%
Liabilities, Current 368 M USD +86.3%
Operating Lease, Liability, Noncurrent 5.35 M USD -38.3%
Other Liabilities, Noncurrent 6.65 M USD -51.2%
Liabilities 530 M USD +141%
Accumulated Other Comprehensive Income (Loss), Net of Tax -307 K USD +22.3%
Retained Earnings (Accumulated Deficit) -512 M USD -27.5%
Stockholders' Equity Attributable to Parent 549 M USD +10.9%
Liabilities and Equity 1.08 B USD +50.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -56.8 M USD -2374%
Net Cash Provided by (Used in) Financing Activities 26.1 M USD
Net Cash Provided by (Used in) Investing Activities -4.31 M USD +90%
Common Stock, Shares Authorized 725 M shares 0%
Common Stock, Shares, Issued 192 M shares +8.2%
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 -36.1 M USD +35.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 289 M USD +18.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 602 K USD +76.5%
Deferred Tax Assets, Valuation Allowance 175 M USD +72.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 180 M USD +68.7%
Operating Lease, Liability 10.5 M USD +14.3%
Depreciation 9 M USD +28.6%
Payments to Acquire Property, Plant, and Equipment 945 K USD +9.38%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -111 M USD +7.65%
Lessee, Operating Lease, Liability, to be Paid 11.2 M USD +15.1%
Property, Plant and Equipment, Gross 47.5 M USD +43.5%
Operating Lease, Liability, Current 5.75 M USD +1.84%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.67 M USD -41.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.47 M USD +65.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +21.3%
Deferred Income Tax Expense (Benefit) -839 K USD +40.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 733 K USD +27.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.36 M USD +3.66%
Deferred Tax Assets, Operating Loss Carryforwards 58.9 M USD +0.18%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 6.74 M USD +174%
Unrecognized Tax Benefits 15.6 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 745 K USD
Operating Lease, Payments 5.42 M USD +21.1%
Additional Paid in Capital 1.06 B USD +18.3%
Current State and Local Tax Expense (Benefit) 376 K USD +4078%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 4.9 M USD 0%
Depreciation, Depletion and Amortization 13.8 M USD +67.2%
Share-based Payment Arrangement, Expense 142 M USD +23.4%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 2.73 M USD +98.3%