Remitly Global, Inc. logo

RELY

Remitly Global, Inc.

$10.46

Earnings Summary

Revenue
$169.26Mn
Net Profits
$-33.07Mn
Net Profit Margins
-19.54%

Highlights

Revenue:

Remitly Global, Inc.’s revenue jumped 39.6% since last year same period to $169.26Mn in the Q3 2022. On a quarterly growth basis, Remitly Global, Inc. has generated 7.63% jump in its revenue since last 3-months.

Net Profits:

Remitly Global, Inc.’s net profit fell -155.12% since last year same period to $-33.07Mn in the Q3 2022. On a quarterly growth basis, Remitly Global, Inc. has generated 13.53% jump in its net profits since last 3-months.

Net Profit Margins:

Remitly Global, Inc.’s net profit margin fell -82.75% since last year same period to -19.54% in the Q3 2022. On a quarterly growth basis, Remitly Global, Inc. has generated 19.67% jump 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
-0.05
EPS Estimate Current Year
-0.05

Highlights

EPS Estimate Current Quarter:

Remitly Global, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.05 - a -4.09% 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 -0.05.

Key Ratios

Key ratios of the Remitly Global, Inc. post its Q4 2022 earnings

Earning Per Share (EPS)
0

Highlights

Earning Per Share (EPS):

Remitly Global, Inc.’s earning per share (EPS) jumped 100% since last year same period to 0 in the Q4 2022. This indicates that the Remitly Global, Inc. has generated 100% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-29
-0.1
-0.1
-5.15%
2021-11-12
-0.11
-0.07
39.65%

Company Information

Remitly is a leading digital financial services provider for immigrants and their families in over 135 countries around the world. Its vision is to transform the lives of immigrants and their families by providing the most trusted financial services on the planet. Through its cross-border remittances, Remitly helps immigrants ??send money home in a safe, reliable, and transparent manner via its digitally-native app, which eliminates the long wait times, complexities and fees typical of traditional remittance processes. Passbook by Remitly, a money management app specifically designed for immigrants in the United States, eliminates fees and other common barriers to storing, spending, and sending money. Remitly for Developers allows companies to offer locally relevant payout options to customers with a simple API integration. Remitly is headquartered in Seattle and has offices around the world, including London, Kraków, Manila and Managua.

Organisation
Remitly Global, Inc.
Headquarters
111 Third Avenue, Seattle, WA, United States, 98101
Employees
1800
Industry
Financial
CEO
Matthew B. Oppenheimer

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