Remitly Global Inc
NASDAQ:RELY
Intrinsic Value
Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. [ Read More ]
The intrinsic value of one RELY stock under the Base Case scenario is 18.25 USD. Compared to the current market price of 18.6 USD, Remitly Global Inc is Overvalued by 2%.
Valuation Backtest
Remitly Global Inc
Run backtest to discover the historical profit from buying and selling RELY stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Remitly Global Inc
Current Assets | 932.1m |
Cash & Short-Term Investments | 519.6m |
Receivables | 379.4m |
Other Current Assets | 33.1m |
Non-Current Assets | 104.2m |
PP&E | 25.5m |
Intangibles | 71.6m |
Other Non-Current Assets | 7.1m |
Current Liabilities | 366.8m |
Accounts Payable | 35.1m |
Accrued Liabilities | 151.8m |
Short-Term Debt | 2.5m |
Other Current Liabilities | 177.5m |
Non-Current Liabilities | 140.1m |
Long-Term Debt | 130m |
Other Non-Current Liabilities | 10.1m |
Earnings Waterfall
Remitly Global Inc
Revenue
|
944.3m
USD
|
Cost of Revenue
|
-329.1m
USD
|
Gross Profit
|
615.2m
USD
|
Operating Expenses
|
-729.4m
USD
|
Operating Income
|
-114.2m
USD
|
Other Expenses
|
-3.6m
USD
|
Net Income
|
-117.8m
USD
|
Free Cash Flow Analysis
Remitly Global Inc
What is Free Cash Flow?
RELY Profitability Score
Profitability Due Diligence
Remitly Global Inc's profitability score is 31/100. The higher the profitability score, the more profitable the company is.
Score
Remitly Global Inc's profitability score is 31/100. The higher the profitability score, the more profitable the company is.
RELY Solvency Score
Solvency Due Diligence
Remitly Global Inc's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Score
Remitly Global Inc's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RELY Price Targets Summary
Remitly Global Inc
According to Wall Street analysts, the average 1-year price target for RELY is 28.67 USD with a low forecast of 19.19 USD and a high forecast of 35.7 USD.
Ownership
RELY Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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9 Months |
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12 Months |
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Shareholder Return
RELY Price
Remitly Global Inc
Average Annual Return | -51.22% |
Standard Deviation of Annual Returns | 10.31% |
Max Drawdown | -86% |
Market Capitalization | 3.4B USD |
Shares Outstanding | 188 504 992 |
Percentage of Shares Shorted | 4.66% |
RELY News
Last Important Events
Remitly Global Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Remitly Global Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 1,800 full-time employees. The company went IPO on 2021-09-23. The firm serves customers who are primarily immigrants from developing countries who have moved away from their families to seek new opportunities. The firm offers services through its mobile application for cross-border remittances. The company provides end to end process from the moment a customer connects their banking information to the application, they can send money home in minutes. Its customers and their families can also track the status of their transactions in real-time. The firm's features include digital experience, onboarding process, centralized portal for account management and customer support. The company has partnered with various banks, such as Barclays, Chase, HSBC, and Wells Fargo, and other global payment providers, including Visa.
Contact
IPO
Employees
Officers
The intrinsic value of one RELY stock under the Base Case scenario is 18.25 USD.
Compared to the current market price of 18.6 USD, Remitly Global Inc is Overvalued by 2%.