Earnings Summary

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.

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.

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.

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.

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

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.

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.

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