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1. Company Snapshot

1.a. Company Description

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.

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1.b. Last Insights on RELY

Breaking News: Remitly Global Inc has been in focus lately. A recent head to head comparison with Worldline highlights the strengths of both business services companies. Remitly Global boasts strong net margins and rising earnings. The company has also received bullish analyst ratings, signaling potential upside. Analysts recommend buying Remitly Global, citing its solid financials. The stock is considered a promising investment opportunity. Recommendations come from various analysts who see growth potential in the company.

1.c. Company Highlights

2. Remitly's Strong Q4 and Full-Year 2025 Results

Remitly delivered a robust financial performance in Q4 and full-year 2025, with revenue increasing 29% to $1.635 billion and adjusted EBITDA reaching $272 million, resulting in an adjusted EBITDA margin of nearly 17%. The company's GAAP net income was $68 million, marking its first full year of GAAP profitability. Earnings per share (EPS) came in at $0.1912, significantly beating estimates of $0.02. The strong performance was driven by a 35% increase in send volume to $21 billion and a 19% year-over-year growth in quarterly active customers to nearly 9.3 million.

Publication Date: Feb -20

📋 Highlights
  • 2025 Revenue & EBITDA Growth: Revenue surged 29% to $1.635 billion, adjusted EBITDA hit $272 million (17% margin), surpassing guidance.
  • Customer & Send Volume Expansion: Quarterly active users reached 9 million, with $75 billion annual send volume and $1.6 billion revenue.
  • High-Value Sender Growth: Very high amount sender volume grew 105% YoY, outpacing high amount senders (14% growth).
  • Free Cash Flow & Buybacks: Free cash flow tripled to $283 million in 2025, with plans to increase share repurchases in 2026.
  • 2026 Guidance: Q1 revenue expected $436–438M (21% growth), full-year adjusted EBITDA $340–360M (18% margin), driven by AI and product scaling.

Revenue Growth Drivers

The company's revenue growth was driven by a continued shift in mix towards volumes from high amount senders and very high amount senders, with high amount sender volume growing 14% year-over-year and very high amount sender volume growing 105% year-over-year. As Vikas Mehta noted, "We saw a continued shift in mix towards volumes from high amount senders and very high amount senders." This trend is expected to continue, with the company forecasting revenue growth of 21% in Q1 2026.

New Products and Operational Efficiency

Remitly is also seeing strong traction from its new products, including Remitly Business, Send Now, Pay Later, Wallet, and Card. The company aims to scale these products to drive adoption and leverage them as a means of attracting first-time users. Additionally, the company is focusing on operational efficiency, with a prudent use of AI to improve operating efficiency. As Sebastian Gunningham, the new CEO, noted, "AI is a significant tailwind for the business."

Valuation and Outlook

With a P/E Ratio of 52.89 and an EV/EBITDA of 36.3, the market is pricing in significant growth expectations. Analysts estimate next year's revenue growth at 19.3%. The company's strong financial performance, combined with its growth prospects, makes it an attractive investment opportunity. The Free Cash Flow Yield of 5.4% also provides a relatively attractive return. However, investors should be cautious about the high valuation multiples and monitor the company's ability to deliver on its growth expectations.

3. NewsRoom

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Buy These 4 Stocks With Solid Net Profit Margin to Boost Returns

Mar -23

Source: zacks.com

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Worldline (OTCMKTS:WWLNF) versus Remitly Global (NASDAQ:RELY) Head to Head Comparison

Mar -23

Source: defenseworld.net

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What's Behind Naspers's Steady Exit From Remitly?

Mar -17

Source: fool.com

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Remitly Global (NASDAQ:RELY) Insider Sells $191,760,000.00 in Stock

Mar -16

Source: defenseworld.net

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The Artificial Intelligence (AI) Stock Most Likely to Mint New Millionaires

Mar -15

Source: fool.com

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Best Momentum Stocks to Buy for March 12th

Mar -12

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Wall Street Analysts See a 29.21% Upside in Remitly Global (RELY): Can the Stock Really Move This High?

Mar -12

Source: zacks.com

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The Best Stocks to Buy With $1,000 Right Now

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Source: fool.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (11.43%)

6. Segments

Digital Financial Services

Expected Growth: 11.43%

Remitly's 11.43% growth in Digital Financial Services is driven by increasing adoption of online money transfer services, expansion into new markets, strategic partnerships, and investments in digital infrastructure. Additionally, the company's focus on customer experience, competitive pricing, and innovative products such as Passbook and Remitly Rewards contribute to its growth momentum.

7. Detailed Products

Remitly Express

A fast and secure way to send money across borders, with competitive exchange rates and low fees.

Remitly Economy

A cost-effective option for sending money internationally, with lower fees and competitive exchange rates.

Remitly Home

A convenient and secure way to send money directly to a recipient's home, with real-time tracking and updates.

Remitly Business

A customized solution for businesses to make international payments, manage cash flow, and streamline operations.

Remitly Wallet

A digital wallet that allows users to store, send, and receive money, with real-time exchange rates and low fees.

8. Remitly Global, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Remitly Global, Inc. operates in a niche market, providing cross-border payment services. While there are substitutes available, such as traditional banks and other fintech companies, Remitly's focus on speed, convenience, and competitive exchange rates reduces the threat of substitutes.

Bargaining Power Of Customers

Remitly's customers are primarily individuals and small businesses, which reduces their bargaining power. Additionally, the company's user-friendly platform and competitive pricing make it difficult for customers to negotiate better terms.

Bargaining Power Of Suppliers

Remitly's suppliers are primarily banks and other financial institutions that provide payment processing services. The company's scale and volume of transactions give it bargaining power over its suppliers, reducing their negotiating ability.

Threat Of New Entrants

The fintech industry is rapidly evolving, and new entrants are emerging with innovative solutions. Remitly faces a high threat of new entrants, which could potentially disrupt its market share and competitive advantage.

Intensity Of Rivalry

The cross-border payment market is highly competitive, with established players like PayPal, Western Union, and MoneyGram. Remitly faces intense rivalry from these competitors, which could lead to pricing pressures and reduced market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 21.27%
Debt Cost 3.95%
Equity Weight 78.73%
Equity Cost 5.09%
WACC 4.85%
Leverage 27.01%

11. Quality Control: Remitly Global, Inc. passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Marqeta

A-Score: 4.6/10

Value: 5.1

Growth: 7.4

Quality: 3.4

Yield: 0.0

Momentum: 8.0

Volatility: 3.7

1-Year Total Return ->

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Stock-Card
Verint Systems

A-Score: 4.4/10

Value: 6.0

Growth: 4.6

Quality: 6.1

Yield: 0.0

Momentum: 4.0

Volatility: 5.7

1-Year Total Return ->

View Full Report
Stock-Card
MongoDB

A-Score: 4.2/10

Value: 4.0

Growth: 7.9

Quality: 4.4

Yield: 0.0

Momentum: 7.0

Volatility: 2.0

1-Year Total Return ->

View Full Report
Stock-Card
Remitly Global

A-Score: 3.2/10

Value: 3.2

Growth: 6.0

Quality: 6.2

Yield: 0.0

Momentum: 0.5

Volatility: 3.3

1-Year Total Return ->

View Full Report
Stock-Card
Five9

A-Score: 3.2/10

Value: 3.5

Growth: 7.4

Quality: 3.8

Yield: 0.0

Momentum: 0.5

Volatility: 3.7

1-Year Total Return ->

View Full Report
Stock-Card
Confluent

A-Score: 3.2/10

Value: 4.4

Growth: 6.6

Quality: 4.0

Yield: 0.0

Momentum: 2.0

Volatility: 2.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

16.22$

Current Price

16.22$

Potential

-0.00%

Expected Cash-Flows