Remitly Global Inc

RELY

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22.540USD

-0.770-3.30%

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Remitly Global Inc's Score

Industry at a Glance

Industry Ranking

24 / 156

Overall Ranking

102 / 4482

Industry

Professional & Commercial Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score

Previous score

Media Coverage

Last 24 hours

Coverage Level

Very Low

Very High

Positive

Remitly Global Inc Highlights

StrengthsRisks

Remitly Global, Inc. is a provider of digital financial services that transcend borders, in over 170 countries around the world. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The Company's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.

High Growth

The company's revenue has grown steadily over the past 3 years, averaging 73.16% year-on-year.

Turnaround to Profit

The company's performance has turned profitable, with the latest annual net income of USD .

Overvalued

The company’s latest PE is 46.05, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 185.68M shares, decreasing 7.94% quarter-over-quarter.

Held by CI Select Canadian Equity Fund

Star Investor CI Select Canadian Equity Fund holds 1.19K shares of this stock.

Higher Market Activity

The company has more investor interest, with a 20-day turnover ratio of 1.00.

Analyst Rating

Based on 10 analysts

Buy

Current Rating

28.237

Target Price

+18.89%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

The current financial score of Remitly Global Inc is 8.08, ranking 26 out of 156 in the Professional & Commercial Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 452.80M, representing a year-over-year increase of 25.21%, while its net profit experienced a year-over-year increase of 332.11%.

Score

Industry at a Glance

Previous score

8.08

Change

0

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Financials

10.00

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.

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Quality of Earnings

9.01

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.

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Operational Efficiency

8.43

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.

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Growth Potential

6.50

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.

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Shareholder Returns

6.46

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

The current valuation score of Remitly Global Inc is 6.30, ranking 102 out of 156 in the Professional & Commercial Services industry. Its current P/E ratio is 46.05, which is 518.33% below the recent high of 284.73 and 2445.99% above the recent low of -1080.28.

Score

Industry at a Glance

Previous score

6.30

Change

0

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 24/156

Relevant data have not been disclosed by the company yet.

The current earnings forecast score of Remitly Global Inc is 8.80, ranking 10 out of 156 in the Professional & Commercial Services industry. The average price target is 20.00, with a high of 28.00 and a low of 18.00.

Score

Industry at a Glance

Previous score

8.73

Change

0.07

Support & Resistance

Relevant data have not been disclosed by the company yet.

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

The current price momentum score of Remitly Global Inc is 8.98, ranking 30 out of 156 in the Professional & Commercial Services industry. Currently, the stock price is trading between the resistance level at 25.56 and the support level at 20.41, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

9.26

Change

-0.28

Support & Resistance

Relevant data have not been disclosed by the company yet.

Institutional Confidence

Currency: USD Updated: 2026-05-14

The current institutional shareholding score of Remitly Global Inc is 7.00, ranking 74 out of 156 in the Professional & Commercial Services industry. The latest institutional shareholding proportion is 88.22%, representing a quarter-over-quarter decrease of 2.54%. The largest institutional shareholder is Baillie Gifford, holding a total of 11.82M shares, representing 5.61% of shares outstanding, with 35.40% increase in holdings.

Score

Industry at a Glance

Previous score

7.00

Change

0

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

Naspers Ltd

13.44M

-47.17%

BlackRock Institutional Trust Company, N.A.

12.08M

-3.30%

Baillie Gifford & Co.

Star Investors

11.66M

+48.17%

Generation Investment Management LLP

Star Investors

7.69M

--

Marshall Wace LLP

6.00M

+30.37%

Citadel Advisors LLC

5.81M

+9.86%

Arrowstreet Capital, Limited Partnership

4.81M

-13.48%

Oppenheimer (Matthew B.)

4.50M

-0.64%

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The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Professional & Commercial Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Remitly Global Inc is 5.41, ranking 85 out of 156 in the Professional & Commercial Services industry. The company's beta value is 0.41. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.

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