IRemit Inc
XPHS:I
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| PH |
I
|
IRemit Inc
XPHS:I
|
121.7m PHP |
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|
|
| US |
|
Block Inc
NYSE:XYZ
|
36B USD |
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|
|
| US |
C
|
Corpay Inc
F:07G0
|
19B EUR |
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|
|
| US |
C
|
Chime Financial Inc
NASDAQ:CHYM
|
7.7B USD |
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|
|
| US |
N
|
NCR Atleos Corp
NYSE:NATL
|
3.3B USD |
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|
|
| BR |
|
CIELO SA Instituicao de Pagamento
F:28MA
|
1.8B EUR |
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|
|
| IN |
P
|
Pine Labs Ltd
NSE:PINELABS
|
184.6B INR |
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|
|
| BR |
|
Picpay Holdings Netherlands BV
NASDAQ:PICS
|
1.9B USD |
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|
|
| AU |
C
|
Cuscal Ltd
ASX:CCL
|
762.4m AUD |
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|
|
| UK |
C
|
Cab Payments Holdings PLC
LSE:CABP
|
235m GBP |
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|
|
| UK |
|
Fintech Scion Ltd
OTC:FINR
|
198.7m USD |
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|
Market Distribution
| Min | -586.1% |
| 30th Percentile | 24.2% |
| Median | 33.4% |
| 70th Percentile | 51.1% |
| Max | 1 669.7% |
Other Profitability Ratios
IRemit Inc
Glance View
I-Remit, Inc. engages in the provision of fund transfer and remittance services. The firm's segments include Philippines, Asia Pacific, Europe and North America. The firm and its subsidiaries are primarily engaged in the business of fund transfer and remittance services of any form or kind of currencies or monies, either by electronic, telegraphic, wire or any other mode of transfer and undertakes the delivery of such funds or monies, both in the domestic and international market, by providing either courier or freight forwarding services, and conducts foreign exchange transactions. The Company’s products and services include Bank-to-Bank, Notify-to-Pay, I-Remit Visa Card, Door-to-Door, Auxiliary Services and iRemit online platform (iRemitX). The firm operates its own offices in eight countries and is in partnership with over 100 financial institutions in 30 countries across the world.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for IRemit Inc is 96.8%, which is above its 3-year median of -43.2%.
Over the last 3 years, IRemit Inc’s Gross Margin has increased from 38.5% to 96.8%. During this period, it reached a low of -147.3% on Sep 30, 2024 and a high of 96.8% on Oct 30, 2025.
