Remitly Global, Inc.
RELY· Nasdaq· Services-Business Services, NEC
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 18.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +44.8%
We record prices for the companies we cover; RELY is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 217.6M
- Revenue
- $1.6B
- Free cash flow
- $295.7M
- Owner earnings
- $140.5M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 4.7%
- Net
- 4.2%
- Free cash flow
- 18.1%
- Owner earnings
- 8.6%
- Stock pay
- 9.5%
Returns
- ROIC, FY2025
- 15.2%
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 7.8%
- ROE, 5 yr avg
- -10.4%
Growth (CAGR)
- Revenue, 3 yr
- 35.8%
- Revenue, 5 yr
- 44.8%
- Revenue, 6 yr
- 53.2%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 6 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 6 yr
- 110.6%
Financial health · FY2025
- Cash and investments
- $542.4M
- Total debt
- $157.8M
- Net cash
- $384.6M
- Debt/Equity
- 0.2x
- Debt/FCF
- 0.5x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 58.9%
Financials: ten years from the 10-Ks
Revenue
$1.6B
+53.2% a year over 6 years
FY2019FY2025
Margins
Operating4.7%Net4.2%
FY2025
FY2019FY2025
Free cash flow and owner earnings
Free cash flow$295.7MOwner earnings$140.5M
Free cash flow +110.6% a year
FY2019FY2025
Diluted shares
217.6M
+921.9% over 6 years, net dilution
FY2019FY2025
Return on invested capital
15.2%
FY2025
FY2019FY2025
Net cash
$384.6M
$384.6M more cash than debt
FY2019FY2025
Every figure, year by year
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| The business | |||||||
| Revenue | $126.6M | $257.0M | $458.6M | $653.6M | $944.3M | $1.3B | $1.6B |
| Revenue growth | – | 103.0% | 78.5% | 42.5% | 44.5% | 33.9% | 29.4% |
| Gross margin | – | – | – | – | – | – | – |
| Operating margin | -40.0% | -11.4% | -8.7% | -18.5% | -12.1% | -3.1% | 4.7% |
| Net income | -$51.4M | -$32.6M | -$38.8M | -$114.0M | -$117.8M | -$37.0M | $67.9M |
| Net margin | -40.6% | -12.7% | -8.5% | -17.4% | -12.5% | -2.9% | 4.2% |
| Diluted EPS | $-2.98 | $-1.52 | $-0.64 | $-0.68 | $-0.65 | $-0.19 | $0.31 |
| Return on invested capital? | – | – | – | – | – | – | 15.2% |
| Cash | |||||||
| Operating cash flow | $8.4M | -$114.2M | -$18.4M | -$108.7M | $66.8M | $111.6M | $325.1M |
| Capital expenditure | $5.0M | $2.1M | $2.0M | $3.7M | $2.9M | $6.0M | $29.4M |
| Free cash flow | $3.4M | -$116.3M | -$20.3M | -$112.3M | $63.9M | $105.6M | $295.7M |
| Stock-based compensation | $3.6M | $5.3M | $17.0M | $95.3M | $137.0M | $152.1M | $155.1M |
| Owner earnings? | -$262.0K | -$121.5M | -$37.4M | -$207.6M | -$73.0M | -$46.5M | $140.5M |
| Free cash flow per share | $0.16 | $-5.42 | $-0.34 | $-0.67 | $0.35 | $0.54 | $1.36 |
| Capital allocation | |||||||
| Dividends paid | – | – | – | – | – | – | – |
| Share repurchases | $7.0M | $0 | $0 | – | $0 | $0 | $23.9M |
| Diluted shares | 21.3M | 21.5M | 60.7M | 167.8M | 180.8M | 194.6M | 217.6M |
| Share count change? | – | 0.8% | 183.0% | 176.3% | 7.8% | 7.6% | 11.8% |
| Balance sheet | |||||||
| Cash and equivalents | $182.4M | $186.7M | $403.3M | $300.6M | $323.7M | $368.1M | $542.4M |
| Short-term investments | – | – | – | – | – | – | – |
| Total debt | – | – | – | $0 | $132.5M | $2.5M | $157.8M |
| Net debt | – | – | – | -$300.6M | -$191.2M | -$365.6M | -$384.6M |
| Shareholders' equity | -$186.8M | -$211.3M | $480.3M | $480.1M | $529.3M | $665.5M | $868.8M |
Latest filings
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-08-05 | 8-K | Earnings release |
| 2026-05-06 | 10-Q | Quarterly report |
| 2026-05-06 | 8-K | Earnings release |
| 2026-04-24 | DEF 14A | Proxy statement |
| 2026-02-18 | 10-K | Annual report |
| 2026-02-18 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-11-05 | 8-K | Earnings release |
| 2025-08-06 | 10-Q | Quarterly report |
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