RELY Stock Overview
Provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 5/6 |
Past Performance | 0/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
Remitly Global, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$14.13 |
52 Week High | US$27.95 |
52 Week Low | US$11.60 |
Beta | 0.10 |
11 Month Change | 2.54% |
3 Month Change | 17.55% |
1 Year Change | -42.70% |
33 Year Change | -67.94% |
5 Year Change | n/a |
Change since IPO | -70.84% |
Recent News & Updates
Remitly Faces Softening Global Macro Conditions (Rating Downgrade)
Sep 06Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)
Aug 28Recent updates
Remitly Faces Softening Global Macro Conditions (Rating Downgrade)
Sep 06Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)
Aug 28Remitly Global: Solid Macro Tailwinds And Track Record Of Growth
Jun 28Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch
May 03Remitly: An Interesting Growth Play Is Awaiting Operating Leverage
Apr 22Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 24Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing
Feb 13Buy Remitly As Fears Around Marketing Spend Are Unfounded
Jan 30Remitly Global, Inc. (NASDAQ:RELY) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
Nov 05We're Hopeful That Remitly Global (NASDAQ:RELY) Will Use Its Cash Wisely
Oct 23Remitly Global Grows Revenue But Operating Losses Worsen
Oct 08Remitly Global: Time To Get Upbeat
Aug 28Remitly Global acquires Israeli-based Rewire for $80M
Aug 16Companies Like Remitly Global (NASDAQ:RELY) Can Afford To Invest In Growth
Jun 13Shareholder Returns
RELY | US Diversified Financial | US Market | |
---|---|---|---|
7D | -2.9% | 1.2% | 1.6% |
1Y | -42.7% | 26.7% | 30.6% |
Return vs Industry: RELY underperformed the US Diversified Financial industry which returned 26.7% over the past year.
Return vs Market: RELY underperformed the US Market which returned 30.5% over the past year.
Price Volatility
RELY volatility | |
---|---|
RELY Average Weekly Movement | 4.5% |
Diversified Financial Industry Average Movement | 5.4% |
Market Average Movement | 6.4% |
10% most volatile stocks in US Market | 15.1% |
10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RELY has not had significant price volatility in the past 3 months.
Volatility Over Time: RELY's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | 2,700 | Matt Oppenheimer | www.remitly.com/us/en |
Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.
Remitly Global, Inc. Fundamentals Summary
RELY fundamental statistics | |
---|---|
Market cap | US$2.76b |
Earnings (TTM) | -US$103.85m |
Revenue (TTM) | US$1.08b |
2.5x
P/S Ratio-26.6x
P/E RatioIs RELY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RELY income statement (TTM) | |
---|---|
Revenue | US$1.08b |
Cost of Revenue | US$453.00m |
Gross Profit | US$628.93m |
Other Expenses | US$732.78m |
Earnings | -US$103.85m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | -0.53 |
Gross Margin | 58.13% |
Net Profit Margin | -9.60% |
Debt/Equity Ratio | 3.0% |
How did RELY perform over the long term?
See historical performance and comparison