Remitly Global Net Worth

Remitly Global Net Worth Breakdown

  RELY
The net worth of Remitly Global is the difference between its total assets and liabilities. Remitly Global's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Remitly Global's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Remitly Global's net worth can be used as a measure of its financial health and stability which can help investors to decide if Remitly Global is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Remitly Global stock.

Remitly Global Net Worth Analysis

Remitly Global's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Remitly Global's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Remitly Global's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Remitly Global's net worth analysis. One common approach is to calculate Remitly Global's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Remitly Global's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Remitly Global's net worth. This approach calculates the present value of Remitly Global's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Remitly Global's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Remitly Global's net worth. This involves comparing Remitly Global's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Remitly Global's net worth relative to its peers.

Enterprise Value

4.77 Billion

To determine if Remitly Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Remitly Global's net worth research are outlined below:
Remitly Global generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 1.26 B. Net Loss for the year was (36.98 M) with profit before overhead, payroll, taxes, and interest of 806.98 M.
Over 80.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: TD Private Client Wealth LLC Sells 865 Shares of Exponent, Inc.
Remitly Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Remitly Global. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Remitly Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Remitly Global's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Remitly Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Remitly Global backward and forwards among themselves. Remitly Global's institutional investor refers to the entity that pools money to purchase Remitly Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Norges Bank2024-12-31
2.9 M
Dimensional Fund Advisors, Inc.2025-03-31
2.5 M
Deutsche Bank Ag2025-03-31
2.4 M
Fmr Inc2025-03-31
2.4 M
Marshall Wace Asset Management Ltd2025-03-31
2.3 M
Jpmorgan Chase & Co2025-03-31
2.2 M
Lead Edge Capital Management, Llc2025-03-31
2.2 M
Nuveen Asset Management, Llc2024-12-31
1.9 M
Wellington Management Company Llp2025-03-31
1.8 M
Naspers Ltd2025-03-31
37.3 M
Vanguard Group Inc2025-03-31
15 M
Note, although Remitly Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Remitly Global's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.54 B.

Market Cap

5.04 Billion

Project Remitly Global's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.04)(0.04)
Return On Capital Employed(0.06)(0.06)
Return On Assets(0.04)(0.04)
Return On Equity(0.06)(0.06)
When accessing Remitly Global's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Remitly Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Remitly Global's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Remitly Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Remitly Global. Check Remitly Global's Beneish M Score to see the likelihood of Remitly Global's management manipulating its earnings.

Evaluate Remitly Global's management efficiency

Return On Tangible Assets is likely to drop to -0.04 in 2025. Return On Capital Employed is likely to drop to -0.06 in 2025. At this time, Remitly Global's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 332.2 M in 2025, whereas Total Assets are likely to drop slightly above 962.2 M in 2025. Remitly Global's management efficiency ratios could be used to measure how well Remitly Global manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 3.42  3.42 
Tangible Book Value Per Share 3.08  2.74 
Enterprise Value Over EBITDA(451.25)(428.68)
Price Book Value Ratio 6.60  6.27 
Enterprise Value Multiple(451.25)(428.68)
Price Fair Value 6.60  6.27 
Enterprise ValueB4.8 B
The decision-making processes within Remitly Global are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue
2.2605
Revenue
1.4 B
Quarterly Revenue Growth
0.344
Revenue Per Share
6.864
Return On Equity
(0.01)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Remitly Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Remitly Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Remitly Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Remitly Global Corporate Filings

F4
27th of June 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
13th of June 2025
Report filed with the SEC to announce major events that shareholders should know about
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25th of April 2025
Other Reports
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17th of March 2025
Other Reports
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Remitly Global time-series forecasting models is one of many Remitly Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Remitly Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Remitly Global Earnings per Share Projection vs Actual

Remitly Global Corporate Management

Stephen ShulsteinVice RelationsProfile
Ankur SinhaChief OfficerProfile
Robert KaskelChief OfficerProfile
Luke TavisChief OfficerProfile
Vanessa BicomongMarketing RegionProfile
Rene YoakumExecutive CultureProfile

Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.