-0.97%
4.91%
30.92%
75.11%
31.65%
101.03%
-51.50%
AI Spotlight on RELY
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.
Market Data
| Last Price | 23.5 |
| Change Percentage | -0.97% |
| Open | 23.94 |
| Previous Close | 23.73 |
| Market Cap ( Millions) | 4654 |
| Volume | 1310873 |
| Year High | 24.09 |
| Year Low | 11.6 |
| M A 50 | 22.04 |
| M A 200 | 16.32 |
Financial Ratios
| FCF Yield | 2.12% |
| Dividend Yield | 0.00% |
| ROE | -11.58% |
| Debt / Equity | 2.17% |
| Net Debt / EBIDTA | 732.71% |
| Price To Book | 7.31 |
| Price Earnings Ratio | -69.56 |
| Price To FCF | 47.2 |
| Price To sales | 3.96 |
| EV / EBITDA | -102.42 |
News
- Jan -26 - Prediction: These 2 Hypergrowth Stocks Will Make Investors Richer in 2025
- Jan -15 - Remitly Global: I Expect Consistent Profitability Going Forward
- Dec -14 - KBW Announces Index Rebalancing for Fourth-Quarter 2024
- Dec -03 - The Smartest Growth Stock to Buy With $25 Right Now
- Nov -25 - Remitly to Present at the 2024 Wells Fargo TMT Summit
- Nov -01 - Remitly Global Stock Was Soaring This Week: Here's Why
- Nov -01 - 3 Stocks Well Below 52-Week Highs With Strong Growth Projections
- Oct -31 - Why Remitly Global Stock Popped Today
- Oct -31 - Remitly Global, Inc. (RELY) Q3 2024 Earnings Call Transcript
- Oct -30 - Remitly Global, Inc. (RELY) Q3 Earnings and Revenues Surpass Estimates
- Oct -30 - Remitly stock spikes 19% after first profitable quarter; revenue up 39%
- Oct -30 - Remitly Reports Third Quarter 2024 Results and Raises Full Year 2024 Outlook
- Oct -20 - Remitly stock has multiple catalysts and could surge soon
- Sep -23 - Got $100? Add These 2 Monster Growth Stocks to Your Portfolio.
- Sep -04 - Remitly to Present at the 2024 Goldman Sachs Communacopia + Technology Conference
- Aug -21 - Wall Street Analysts See a 54.39% Upside in Remitly Global (RELY): Can the Stock Really Move This High?
- Aug -05 - Wall Street Analysts Think Remitly Global (RELY) Could Surge 74.37%: Read This Before Placing a Bet
- Aug -01 - Remitly Global, Inc. (RELY) Q2 2024 Earnings Call Transcript
- Jul -31 - Remitly Global, Inc. (RELY) Reports Q2 Loss, Tops Revenue Estimates
- Jul -31 - Remitly Announces CFO Transition Plan
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Digital Financial Services
Expected Growth : 11.43 %
What the company do ?
Remitly Global, Inc.'s Digital Financial Services enable secure, convenient, and affordable international money transfers, bill payments, and mobile top-ups through its online and mobile platforms.
Why we expect these perspectives ?
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.
Remitly Global, Inc. Products
| Product Range | What is it ? |
|---|---|
| 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. |
Remitly Global, Inc.'s Porter Forces
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.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 21.27% |
| Debt Cost | 3.95% |
| Equity Weight | 78.73% |
| Equity Cost | 5.09% |
| WACC | 4.85% |
| Leverage | 27.01% |
Remitly Global, Inc. : Quality Control
Remitly Global, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MDB | MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a … |
| MQ | Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions … |
| CFLT | Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an … |
| FIVN | Five9, Inc., together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers virtual contact center cloud platform that delivers a suite … |
| VRNT | Verint Systems Inc. provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Remitly Global
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Verint Systems
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Confluent
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4
MongoDB
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5
Marqeta
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1-Year Total Return ->
6
