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RELY

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Remitly Global, Inc. · Technology · United States · $5.6B · Avg Vol: $82M/d

94
StockRank
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Q
82
V
50
M
66
P/E (TTM)
18.8x
ROE
32.2%
D/E
0.0x
Dividend %
AI CONVICTION THESIS

Remitly Global operates a digital cross-border remittance platform that has reached profitability while continuing to grow transaction volumes, with a good quality score (Q72) and the strongest momentum in this batch (M87). The trivial insider selling is routine. Nothing adverse is known on accounting, solvency or governance.

COMPANY DESCRIPTION

Remitly Global, Inc. is a leading digital remittance service that enables immigrants to send money internationally to their families and friends. The company leverages a mobile-first platform and a vast network of payout partners to offer fast, reliable, and affordable cross-border money transfers. Its technology-driven approach provides a significant competitive advantage over traditional brick-and-mortar money transfer services, catering to a large and growing global diaspora.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue653.6M944.3M1.3B1.6B35.8%1.8B2.0B2.4B20.5%
EPS-0.68-0.65-0.190.331.390.580.5123.9%
Shares173.3M188.4M200.5M210.6M+21.6%211.7M
Debt9.2M143.0M16.3M192.1M175.4%38.3M
Equity480.1M529.3M665.5M868.8M21.9%
Op CF-108.7M66.8M111.6M325.1M120.6%406.1M
Inv CF-7.3M-50.0M-19.9M-69.9M
Fin CF14.6M6.3M-42.4M-89.8M
Loading 1Y...
PRICE (1Y)+6.1%
22.7723.8124.8525.8826.92Jul 29Aug 19Sep 9
SMA 50SMA 200

Close
$24.71
RSI (14)
48.0
52W High
$27.48
From 52W High
0.9%

SCORE BREAKDOWN

Quality
82
ROIC
16.6%79.1
ROE
32.2%92.1
GP/Assets
76.4%96.2
Op. Margin
14.3%72.6
FCF/Assets
27.0%97.5
Piotroski
661.1
Int. Cover
17.1x57.7
D/E Ratio
0.03x77.3
Current Ratio
3.18x74.4
Value
50
P/E (TTM)
18.8x67.5
EV/EBITDA
24.6x38.1
P/FCF
14.3x76.1
P/B
4.9x31.3
P/S
3.1x48.8
Div Yield
N/A
Momentum
66
52W High %
90%90.8
RS 6M
31%82.3
SMA 50/200
1.30x91.5
EPS Rev 4W
-2.2%10.5
EPS Rev 12W
-2.1%18.0
EPS Improve
+16%24.0
Q Growth
3050%98.9

FUNDAMENTALS

Market Cap
$5.6B
P/E (Forward)
16.2x
Gross Margin
61.5%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of RELY are excluded.

TickerCompanyMkt CapStockRankSignal
RELYRemitly Global, Inc.(you)$5.6B94Strong Buy
QLYSQualys, Inc.$6.5B92Strong Buy
DBXDropbox, Inc.$7.8B93Strong Buy
ACIWACI Worldwide, Inc.$5.4B86Strong Buy
WEXWEX Inc.$6.7B88Strong Buy
PAYPaymentus Holdings, Inc.$4.5B88Strong Buy
DOXAmdocs Limited$6.6B82Strong Buy
TDCTeradata Corporation$2.7B91Strong Buy
NTCTNetScout Systems, Inc.$2.8B89Strong Buy
FIVNFive9, Inc.$2.5B91Strong Buy

Peer medians: ROE 4.6% · P/E 35.3x · Gross margin 51.1%

Remitly Global, Inc. (RELY): Stock Score Summary

Remitly Global, Inc. (RELY) has a MoatMap StockRank of 94/100 based on Quality (82/100), Value (50/100), and Momentum (66/100) factor scores. The current signal is STRONG BUY. Remitly Global operates a digital cross-border remittance platform that has reached profitability while continuing to grow transaction volumes, with a good quality score (Q72) and the strongest momentum in this batch (M87). The trivial insider selling is routine. Nothing adverse is known on accounting, solvency or governance.

Remitly Global, Inc. is a leading digital remittance service that enables immigrants to send money internationally to their families and friends. The company leverages a mobile-first platform and a vast network of payout partners to offer fast, reliable, and affordable cross-border money transfers. Its technology-driven approach provides a significant competitive advantage over traditional brick-and-mortar money transfer services, catering to a large and growing global diaspora.

Key Financial Metrics

Price$24.71
Market Cap$5.6B
P/E (TTM)18.83
P/E (Forward)16.20
Price/Book4.92
Return on Equity32.2%
Return on Invested Capital16.6%
Debt/Equity0.03x
Gross Margin61.5%
Operating Margin14.3%
Revenue Growth20.2%
Free Cash Flow$393M

Remitly Global, Inc. operates in the Software - Infrastructure industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Remitly Global, Inc.’s (RELY) StockRank?
MoatMap’s StockRank for Remitly Global, Inc. (RELY) is 94/100, with a Strong Buy signal. It is a composite of Quality (82), Value (50), and Momentum (66) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Remitly Global, Inc. have an economic moat?
Remitly Global, Inc. (RELY) has a Quality factor score of 82/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Remitly Global, Inc. a buy, hold, or sell?
MoatMap’s current signal for Remitly Global, Inc. (RELY) is Strong Buy, based on a StockRank of 94/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Remitly Global, Inc. in?
Remitly Global, Inc. (RELY) operates in the Technology sector, specifically the Software - Infrastructure industry (United States).