Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
RELY
STRONG BUYAPPROVERemitly Global, Inc. · Technology · United States · $4.7B · Avg Vol: $85M/d
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)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 653.6M | 944.3M | 1.3B | 1.6B | 35.8% | 1.7B | 2.0B | 2.3B | 19.9% |
| EPS | -0.68 | -0.65 | -0.19 | 0.33 | — | 0.47 | 0.43 | 0.52 | 25.3% |
| Shares | 173.3M | 188.4M | 200.5M | 210.6M | +21.6% | 210.6M | — | — | — |
| Debt | 9.2M | 143.0M | 16.3M | 192.1M | 175.4% | 39.3M | — | — | — |
| Equity | 480.1M | 529.3M | 665.5M | 868.8M | 21.9% | — | — | — | — |
| Op CF | -108.7M | 66.8M | 111.6M | 325.1M | 120.6% | 326.2M | — | — | — |
| Inv CF | -7.3M | -50.0M | -19.9M | -69.9M | — | — | — | — | — |
| Fin CF | 14.6M | 6.3M | -42.4M | -89.8M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of RELY are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| RELY | Remitly Global, Inc.(you) | $4.7B | 93 | STRONG BUY |
| QLYS | Qualys, Inc. | $4.8B | 90 | STRONG BUY |
| WEX | WEX Inc. | $6.1B | 89 | STRONG BUY |
| DOX | Amdocs Limited | $5.5B | 86 | STRONG BUY |
| DBX | Dropbox, Inc. | $6.8B | 97 | STRONG BUY |
| EEFT | Euronet Worldwide, Inc. | $3.0B | 91 | STRONG BUY |
| ACIW | ACI Worldwide, Inc. | $5.7B | 85 | STRONG BUY |
| NTCT | NetScout Systems, Inc. | $2.9B | 95 | STRONG BUY |
| TDC | Teradata Corporation | $2.7B | 97 | STRONG BUY |
| RAMP | LiveRamp Holdings, Inc. | $2.3B | 96 | STRONG BUY |
Peer medians: ROE 7.5% · P/E 37.2x · Gross margin 53.1%