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RELY

Remitly Global Inc

$11.49

Earnings Summary

Revenue
$157.26Mn
Net Profits
$-38.24Mn
Net Profit Margins
-24.32%

Highlights

Revenue:

Remitly Global Inc’s revenue jumped 41.61% since last year same period to $157.26Mn in the Q2 2022. On a quarterly growth basis, Remitly Global Inc has generated 15.62% jump in its revenue since last 3-months.

Net Profits:

Remitly Global Inc’s net profit fell -2541.23% since last year same period to $-38.24Mn in the Q2 2022. On a quarterly growth basis, Remitly Global Inc has generated -64.07% fall in its net profits since last 3-months.

Net Profit Margins:

Remitly Global Inc’s net profit margin fell -1765.18% since last year same period to -24.32% in the Q2 2022. On a quarterly growth basis, Remitly Global Inc has generated -41.91% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Remitly Global Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.12
EPS Estimate Current Year
-0.12

Highlights

EPS Estimate Current Quarter:

Remitly Global Inc’s earning per share (EPS) estimates for the current quarter stand at -0.12 - a -20% fall from last quarter’s estimates.

EPS Estimate Current Year:

Remitly Global Inc’s earning per share (EPS) estimates for the current year stand at -0.12.

Key Ratios

Key ratios of the Remitly Global Inc post its Q2 2022 earnings

Return on Assets (ROA)
-0.11
Return on Equity (ROE)
-0.28
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Remitly Global Inc’s return on assets (ROA) stands at -0.11.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Remitly Global Inc’s return on equity (ROE) stands at -0.28.

Dividend Per Share (DPS):

Remitly Global Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-13
-0.12
-0.14
-16.67%

Company Information

Organisation
Remitly Global Inc
Employees
2.02K