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Remitly Global (RELY)

(Delayed Data from NSDQ)

$18.06 USD

18.06
1,288,857

+0.29 (1.63%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $18.06 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value F Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (85 out of 252)

Industry: Financial Transaction Services

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Better trading starts here.

Balance Sheet

Research for RELY

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Remitly Global, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 324 301 403 187 182
Receivables 379 191 67 51 30
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 229 177 137 108 37
Total Current Assets 932 669 608 345 249
Net Property & Equipment 16 12 9 10 9
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 72 0 0 0 0
Deposits & Other Assets 7 6 4 2 2
Total Assets 1,036 696 626 363 266
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 35 7 1 4 0
Current Portion Long-Term Debt 2 0 0 80 45
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 146 88 67 40 14
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 177 111 70 55 83
Total Current Liabilities 367 209 142 182 145
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 130 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 6 1 1 1 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 507 216 145 187 150
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 388 303
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,020 854 740 9 1
Retained Earnings -491 -373 -259 -221 -188
Other Equity 0 -1 0 1 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 529 480 480 176 116
Total Liabilities & Shareholder's Equity 1,036 696 626 363 266
Total Common Equity 529 480 480 -211 -187
Shares Outstanding 185.10 170.60 161.30 NA NA
Book Value Per Share 2.86 2.81 2.98 0.00 0.00

Fiscal Year End for Remitly Global, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 324 223 228 244
Receivables NA 379 259 139 123
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 229 246 313 240
Total Current Assets NA 932 729 679 607
Net Property & Equipment NA 16 15 13 13
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 72 73 74 75
Deposits & Other Assets NA 7 6 6 7
Total Assets NA 1,036 833 785 715
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 35 18 18 3
Current Portion Long-Term Debt NA 2 2 2 2
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 146 132 99 79
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 177 143 102 107
Total Current Liabilities NA 367 300 227 197
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 130 0 34 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1 1 14
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 507 307 269 220
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,020 983 937 898
Retained Earnings NA -491 -456 -421 -402
Other Equity NA 0 -1 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 529 526 516 495
Total Liabilities & Shareholder's Equity NA 1,036 833 785 715
Total Common Equity 0 529 526 516 495
Shares Outstanding 188.50 185.10 185.10 177.90 177.90
Book Value Per Share 0.00 2.86 2.84 2.90 2.78