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I-Remit PSE:I Stock Report

Last Price

₱0.23

Market Cap

₱143.7m

7D

0%

1Y

-51.5%

Updated

21 Dec, 2024

Data

Company Financials

I-Remit, Inc.

PSE:I Stock Report

Market Cap: ₱143.7m

I Stock Overview

Provides fund transfer and remittance services to the Filipino workers and other migrant workers in the Philippines, the Asia Pacific, Europe, the Middle East, and North America. More details

I fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Risk Analysis

Earnings have declined by 45.6% per year over past 5 years

Makes less than USD$1m in revenue (₱52M)

Does not have a meaningful market cap (₱144M)

Highly volatile share price over the past 3 months compared to the PH market


My Notes

Capture your thoughts, links and company narrative

I-Remit, Inc. Competitors

Mabuhay Holdings

PSE:MHC

₱161.4m

Seafront Resources

PSE:SPM

₱309.7m

Anglo Philippine Holdings

PSE:APO

₱1.4b

Mobi724 Global Solutions

TSXV:MOS

CA$3.3m

Price History & Performance

Summary of share price highs, lows and changes for I-Remit
Historical stock prices
Current Share Price₱0.23
52 Week High₱0.50
52 Week Low₱0.20
Beta0.59
1 Month Change-6.00%
3 Month Change-5.62%
1 Year Change-51.55%
3 Year Change-75.00%
5 Year Change-79.74%
Change since IPO-95.30%

Recent News & Updates

Recent updates

Shareholder Returns

IPH Diversified FinancialPH Market
7D0%-9.0%-2.1%
1Y-51.5%-26.2%7.3%

Return vs Industry: I underperformed the PH Diversified Financial industry which returned -26.2% over the past year.

Return vs Market: I underperformed the PH Market which returned 7.3% over the past year.

Price Volatility

Is I's price volatile compared to industry and market?
I volatility
I Average Weekly Movement17.8%
Diversified Financial Industry Average Movement5.7%
Market Average Movement5.2%
10% most volatile stocks in PH Market10.8%
10% least volatile stocks in PH Market2.7%

Stable Share Price: I's share price has been volatile over the past 3 months compared to the PH market.

Volatility Over Time: I's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of PH stocks.

About the Company

FoundedEmployeesCEOWebsite
2001221Baby Banareswww.iremitx.com

I-Remit, Inc., together with its subsidiaries, provides fund transfer and remittance services to the Filipino workers and other migrant workers in the Philippines, the Asia Pacific, Europe, the Middle East, and North America. The company offers bank-to-bank remittance services; notify-to-pay, which allows to pick-up a remittance in I-Remit’s pay-out stations; and door-to-door delivery of cash remittances to designated beneficiaries through in-house and third-party couriers. It also provides Visa Card, a debit and automated teller machine card through which remitters can send money to their beneficiaries; and iRemitX, an Internet-based remittance service that offers online remittance services.

I-Remit, Inc. Fundamentals Summary

How do I-Remit's earnings and revenue compare to its market cap?
I fundamental statistics
Market cap₱143.74m
Earnings (TTM)-₱338.29m
Revenue (TTM)₱51.90m

2.8x

P/S Ratio

-0.4x

P/E Ratio

Is I overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
I income statement (TTM)
Revenue₱51.90m
Cost of Revenue₱130.47m
Gross Profit-₱78.57m
Other Expenses₱259.72m
Earnings-₱338.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.55
Gross Margin-151.40%
Net Profit Margin-651.82%
Debt/Equity Ratio488.6%

How did I perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

I-Remit, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution