Remitly Global Inc. (RELY)

NASDAQ: RELY · Real-Time Price · USD

20.28

0.06 (0.30%)

At close: May 01, 2025, 3:59 PM

20.57

1.43%

Pre-market: May 02, 2025, 09:14 AM EDT

Remitly Global Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2017	Dec 31, 2016
Revenue	1.26B	944.28M	653.56M	458.61M	256.96M	126.57M	1.35B	1.25B
Cost of Revenue	515.52M	411.63M	326.93M	237.13M	135.84M	73.3M	1.29B	1.18B
Gross Profit	748.44M	532.65M	326.63M	221.47M	121.11M	53.26M	59.1M	66.7M
Operating Income	-39.09M	-114.19M	-121.04M	-39.72M	-29.18M	-50.6M	-129.3M	-68.8M
Interest Income	8.08M	7.45M	4.15M	140K	273K	1.11M	n/a	n/a
Pretax Income	-30.25M	-111.94M	-112.98M	-37.71M	-31.4M	-51.13M	-128.6M	-103.8M
Net Income	-36.98M	-117.84M	-114.02M	-38.76M	-32.56M	-51.39M	-120.8M	-103.2M
Selling & General & Admin	499.66M	413.79M	302.22M	191.85M	105.46M	69.2M	52.3M	61M
Research & Development	269.82M	219.94M	138.72M	64.09M	40.78M	32.01M	n/a	n/a
Other Expenses	18.05M	13.12M	6.72M	5.26M	4.06M	2.66M	2.4M	2.4M
Operating Expenses	787.53M	646.85M	447.66M	261.2M	150.3M	103.87M	54.7M	63.4M
Interest Expense	3.24M	2.35M	1.3M	1.26M	1.19M	1.61M	200K	34.7M
Selling & Marketing Expenses	303.8M	234.42M	170.97M	120.91M	73.8M	43.54M	n/a	n/a
Cost & Expenses	1.3B	1.06B	774.6M	498.33M	286.14M	177.17M	1.34B	1.25B
Income Tax Expense	6.73M	5.9M	1.04M	1.04M	1.16M	259K	-7.8M	-600K
Shares Outstanding (Basic)	194.65M	180.82M	167.77M	164.24M	162.65M	162.65M	28.97M	28.95M
Shares Outstanding (Diluted)	194.65M	180.82M	167.77M	164.24M	162.65M	162.65M	28.97M	28.95M
EPS (Basic)	-0.19	-0.65	-0.68	-0.24	-0.2	-0.32	-4.17	-3.57
EPS (Diluted)	-0.19	-0.65	-0.68	-0.24	-0.2	-0.32	-4.17	-3.57
EBITDA	-15.44M	-96.47M	-104.95M	-31.2M	-25.12M	-46.87M	-76.6M	-14M
EBIT	-33.49M	-109.59M	-111.67M	-36.46M	-30.21M	-49.52M	-128.4M	-69.1M
Depreciation & Amortization	18.05M	13.12M	770.8M	498.33M	286.14M	177.17M	52.7M	54.8M