Jeff Bezos portfolio article drives 6.15% RELY surge on June 1
Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $944.28M | $653.56M | $458.61M | $256.96M | $126.57M | $1.35B | $1.25B |
| Cost of Revenue | $515.52M | $411.63M | $326.93M | $237.13M | $135.84M | $73.30M | $1.29B | $1.18B |
| Gross Profit | $748.44M | $532.65M | $326.63M | $221.47M | $121.11M | $53.26M | $59.10M | $66.70M |
| Gross Margin | 59.21% | 56.41% | 49.98% | 48.29% | 47.13% | 42.08% | 4.39% | 5.34% |
| Operating Expenses | $787.53M | $646.85M | $447.66M | $261.20M | $150.30M | $103.87M | $188.40M | $135.50M |
| Operating Income | $-39.09M | $-114.19M | $-121.04M | $-39.72M | $-29.18M | $-50.60M | $-129.30M | $-68.80M |
| Operating Margin | -3.09% | -12.09% | -18.52% | -8.66% | -11.36% | -39.98% | -9.60% | -5.51% |
| Net Income | $-36.98M | $-117.84M | $-114.02M | $-38.76M | $-32.56M | $-51.39M | $-120.80M | $-103.20M |
| Net Margin | -2.93% | -12.48% | -17.45% | -8.45% | -12.67% | -40.60% | -8.97% | -8.26% |
| EPS (Basic) | $-0.19 | $-0.65 | $-0.68 | $-0.64 | $-0.21 | $-0.42 | $-4.17 | $-3.57 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |