Remitly Global Inc (NASDAQ:RELY)
19.08 USD
+0.290 1.543%Sponsored Reports
| Previous Close (in USD) | 18.79 |
|---|---|
| Change | +0.290 1.543% |
| 52 W H/L (in USD) | 27.950/13.150 |
| EBITDA (in USD) | -95.473M |
| PE Ratio | -- |
| Volume | 3736865 |
| Diluted Eps TTM | -0.59 |
| Total Assets (in USD) | 1036.306M |
|---|---|
| Total Liabilities (in USD) | 506.969M |
| Revenue TTM (in USD) | 1009.538M |
| Cash (in USD) | 323.71M |
| Market Cap (in USD) | 2,594.644 M |
| Revenue Per Share TTM | 5.472 |
| Gross Profit TTM (in USD) | 326.627M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Remitly Global Inc
Employees: 2700
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Matthew B. Oppenheimer | Co-Founder, CEO, Pres & Director | 1984 |
| 2. | Mr. Joshua Hug | Co-Founder, COO & Director | 1980 |
| 3. | Mr. Hemanth Munipalli | Chief Financial Officer | NA |
| 4. | Mr. Ankur Sinha | Chief Technology Officer | NA |
| 5. | Mr. Stephen M. Shulstein | VP of Investor Relations | NA |
| 6. | Ms. Saema Somalya | Exec. VP of Legal & Risk and Sec. | 1977 |
| 7. | Ms. Rina Hahn | Chief Marketing Officer | NA |
| 8. | Dr. Robert Kaskel | Chief People Officer | 1974 |
| 9. | Ms. Vanessa Bicomong | Marketing Head for The Philippines Region | NA |
| 10. | Mr. Karim Meghji | Exec. Advisor | 1969 |
Peers
Sector: Technology
Industry: Software - Infrastructure
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
MSFT
Microsoft Corporation |
+0.400 0.103% | 391.43 | 37.320 | 29.940 | 13.031 | 12.447 | 13.064 | 24.586 |
|
ORCL
Oracle Corporation |
+0.030 0.016% | 185.01 | 29.340 | 18.657 | 5.545 | 74.056 | 7.097 | 18.125 |
|
CRWD
Crowdstrike Holdings Inc |
-8.730 1.262% | 690.66 | 0.000 | 89.286 | 23.697 | 24.806 | 21.913 | 577.823 |
|
PANW
Palo Alto Networks Inc |
+0.090 0.032% | 276.935 | 44.570 | 45.045 | 11.979 | 20.695 | 11.821 | 77.109 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Income Before Tax | -111.938M | -112.976M | -37.713M | -31.401M | -51.133M |
| Minority Interest | - | - | - | - | - |
| Net Income | -117.84M | -114.019M | -38.756M | -32.564M | -51.392M |
| Selling General Administrative | 179.372M | 131.25M | 70.941M | 31.656M | 25.658M |
| Gross Profit | 532.651M | 326.627M | 221.474M | 121.114M | 53.264M |
| Reconciled Depreciation | 13.118M | 6.724M | 5.256M | 4.06M | 2.658M |
| Ebit | -109.586M | -121.036M | -39.722M | -29.183M | -50.602M |
| Ebitda | -96.468M | -104.95M | -31.201M | -26.152M | -46.867M |
| Depreciation And Amortization | 13.118M | 16.086M | 8.521M | 3.031M | 3.735M |
| Operating Income | -114.195M | -121.036M | -39.722M | -29.183M | -50.602M |
| Other Operating Expenses | 1058.48M | 774.596M | 498.327M | 286.139M | 177.169M |
| Interest Expense | 2.352M | 1.302M | 1.256M | 1.189M | 1.608M |
| Tax Provision | 5.902M | 1.043M | 1.043M | 1.163M | 0.259M |
| Interest Income | 7.447M | 4.149M | 0.14M | 0.273M | 1.111M |
| Net Interest Income | 5.095M | 2.847M | -1.116M | -0.916M | -0.497M |
| Income Tax Expense | 5.902M | 1.043M | 1.043M | 1.163M | 0.259M |
| Total Revenue | 944.285M | 653.56M | 458.605M | 256.956M | 126.567M |
| Total Operating Expenses | 646.846M | 447.663M | 261.196M | 150.297M | 103.866M |
| Cost Of Revenue | 411.634M | 326.933M | 237.131M | 135.842M | 73.303M |
| Total Other Income Expense Net | -2.838M | 8.06M | 2.009M | -2.218M | -0.531M |
| Net Income From Continuing Ops | -117.84M | -114.019M | -38.756M | -32.564M | -51.392M |
| Net Income Applicable To Common Shares | - | -114.019M | -38.756M | -32.564M | -63.526M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 1036.306M | 695.953M | 625.664M | 362.989M | 266.059M |
| Intangible Assets | 16.642M | - | - | - | - |
| Other Current Assets | 1.317M | 19.327M | 17.448M | 6.35M | 4.816M |
| Total Liab | 506.969M | 215.866M | 145.336M | 186.611M | 149.982M |
| Total Stockholder Equity | 529.337M | 480.087M | 480.328M | 176.378M | 116.077M |
| Other Current Liab | 249.413M | 198.827M | 70.483M | 71.519M | 83.286M |
| Common Stock | 0.019M | 0.017M | 0.016M | 0.002M | 0.002M |
| Capital Stock | 0.019M | 0.017M | 0.016M | 387.709M | 302.875M |
| Retained Earnings | -491.303M | -373.463M | -259.444M | -220.688M | -188.124M |
| Good Will | 54.94M | - | - | - | - |
| Other Assets | - | 6.313M | 3.561M | 2.378M | 1.717M |
| Cash | 323.71M | 300.635M | 403.262M | 186.694M | 182.354M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 366.839M | 209.142M | 141.616M | 181.776M | 144.57M |
| Current Deferred Revenue | 73.862M | - | 66.683M | 23.042M | 13.464M |
| Net Debt | -180.72M | -291.44M | -397.115M | -99.727M | -129.339M |
| Short Term Debt | 8.513M | 3.521M | 3.24M | 82.959M | 47.618M |
| Short Long Term Debt | 2.481M | - | - | 80M | 45M |
| Short Long Term Debt Total | 142.99M | 9.195M | 6.147M | 86.967M | 53.015M |
| Other Stockholder Equity | 1020.286M | 854.276M | 113.839M | 8.766M | 1.292M |
| Property Plant Equipment | - | 20.221M | 14.551M | 15.28M | 15.811M |
| Total Current Assets | 932.118M | 669.419M | 607.552M | 345.331M | 248.531M |
| Long Term Investments | - | - | - | - | - |
| Short Term Investments | - | 191.402M | 67.215M | - | - |
| Net Receivables | 399.347M | 191.402M | 67.215M | 50.729M | 29.522M |
| Long Term Debt | 130M | - | - | - | - |
| Inventory | 207.744M | 158.055M | 119.627M | 101.558M | 31.839M |
| Accounts Payable | 35.051M | 6.794M | 1.21M | 4.256M | 0.202M |
| Accumulated Other Comprehensive Income | 0.335M | -0.743M | 0.253M | 0.591M | 0.034M |
| Non Currrent Assets Other | 7.071M | 6.313M | 3.561M | 2.378M | 1.717M |
| Non Current Assets Total | 104.188M | 26.534M | 18.112M | 17.658M | 17.528M |
| Capital Lease Obligations | 10.509M | 9.195M | 6.147M | 6.967M | 8.015M |
| Long Term Debt Total | - | - | - | - | - |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Investments | -49.743M | -7.309M | -4.534M | -4.37M | -7.209M |
| Total Cashflows From Investing Activities | - | -7.309M | -4.534M | -4.37M | -7.209M |
| Total Cash From Financing Activities | 126.65M | 11.071M | 238.203M | 122.216M | 117.017M |
| Net Income | -117.84M | -114.019M | -38.756M | -32.564M | -51.392M |
| Change In Cash | 24.295M | -102.579M | 215.238M | 4.555M | 118.572M |
| Begin Period Cash Flow | 300.734M | 403.313M | 188.075M | 183.52M | 64.948M |
| End Period Cash Flow | 325.029M | 300.734M | 403.313M | 188.075M | 183.52M |
| Total Cash From Operating Activities | -53.59M | -105.14M | -18.391M | -114.209M | 8.435M |
| Depreciation | 13.118M | 6.724M | 5.256M | 4.06M | 2.658M |
| Other Cashflows From Investing Activities | - | - | - | - | - |
| Dividends Paid | - | 0.099M | - | - | 130.804M |
| Change To Inventory | 92.274M | - | -5.072M | -45.914M | 18.2M |
| Sale Purchase Of Stock | -6.702M | -0.099M | 0M | 0M | -20.015M |
| Other Cashflows From Financing Activities | 771.586M | 0.099M | 13.012M | 70M | 139.804M |
| Capital Expenditures | 9.104M | 7.061M | 4.534M | 4.37M | 7.209M |
| Change In Working Capital | -91.148M | -95.466M | -9.292M | -90.971M | 53.484M |
| Other Non Cash Items | 32.872M | 2.328M | 7.385M | 0.002M | 0.037M |
| Free Cash Flow | -62.694M | -112.201M | -22.925M | -118.579M | 1.226M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 4109420 |
| 2. | Baillie Gifford Positive Change B Acc | 2 years ago | 3805043 |
| 3. | Baillie Gifford Positive Change | 2 years ago | 3755290 |
| 4. | JPMorgan Mid Cap Growth I | 2 years ago | 3683975 |
| 5. | Vanguard Small Cap Index | 2 years ago | 3296827 |
| 6. | iShares Russell 2000 ETF | 2 years ago | 3166159 |
| 7. | Baillie Gifford WW Pstv Chg B USD Acc | 2 years ago | 2260554 |
| 8. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 2041105 |
| 9. | JPMorgan Small Cap Growth A | 2 years ago | 1941315 |
| 10. | Vanguard Small Cap Growth Index Inv | 2 years ago | 1862763 |
| 11. | Fidelity Small Cap Growth | 2 years ago | 1679023 |
| 12. | Lord Abbett Developing Growth A | 2 years ago | 1483814 |
| 13. | Vanguard Explorer Inv | 2 years ago | 1468789 |
| 14. | JPM US Mid Cap Growth-MA | 2 years ago | 1400514 |
| 15. | Fidelity Small Cap Index | 2 years ago | 1360535 |
| 16. | Fidelity Select Enterprise Tech Svcs | 2 years ago | 1328400 |
| 17. | MFS New Discovery I | 2 years ago | 1321508 |
| 18. | JNL/JPMorgan MidCap Growth A | 2 years ago | 1158092 |
| 19. | iShares Russell 2000 Growth ETF | 2 years ago | 1153682 |
| 20. | State St Russell Sm/Mid Cp® Indx NL Cl C | 2 years ago | 825779 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Naspers Ltd | 2 years ago | 37341745 |
| 2. | Vanguard Group Inc | 2 years ago | 12990903 |
| 3. | Baillie Gifford & Co Limited. | 2 years ago | 10586709 |
| 4. | BlackRock Inc | 2 years ago | 9718294 |
| 5. | JPMorgan Chase & Co | 2 years ago | 8891302 |
| 6. | Generation Investment Management LLP | 2 years ago | 7692320 |
| 7. | Wellington Management Company LLP | 2 years ago | 5157506 |
| 8. | FMR Inc | 2 years ago | 4634021 |
| 9. | Geode Capital Management, LLC | 2 years ago | 2973119 |
| 10. | State Street Corporation | 2 years ago | 2826900 |
| 11. | Millennium Management LLC | 2 years ago | 2595536 |
| 12. | Massachusetts Financial Services Company | 2 years ago | 2227461 |
| 13. | Lord, Abbett & Co LLC | 2 years ago | 1939838 |
| 14. | Dimensional Fund Advisors, Inc. | 2 years ago | 1452380 |
| 15. | NORGES BANK | 2 years ago | 1380101 |
| 16. | AllianceBernstein L.P. | 2 years ago | 1323145 |
| 17. | Northern Trust Corp | 2 years ago | 1224973 |
| 18. | Charles Schwab Investment Management Inc | 2 years ago | 1108997 |
| 19. | Driehaus Capital Management LLC | 2 years ago | 847704 |
| 20. | Engle Capital Management, L.P. | 2 years ago | 792000 |
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