Remitly Global Inc.

NAS: RELY

GO
/marketstate/country/us

After Hours

 --Quotes are delayed by 20 min

Feb 1, 2023, 6:41 p.m.

/zigman2/quotes/229492987/composite

$

12.70

Change

+0.26 +2.09%

Volume

Volume 27,665

Quotes are delayed by 20 min

/zigman2/quotes/229492987/composite

Previous close

$ 12.06

$ 12.44

Change

+0.38 +3.15%

Day low

Day high

$11.92

$12.55

Open

52 week low

52 week high

$6.66

$13.59

Open

Company Description

Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company was foundedug on October 3, 2018 and is headquartered in Seattle, WA.

Valuation

Price to Sales Ratio

7.38

Price to Book Ratio

7.05

Enterprise Value to EBITDA

-48.39

Enterprise Value to Sales

2.77

Efficiency

Total Asset Turnover

0.93

Profitability

Gross Margin

47.15

Operating Margin

-8.66

Pretax Margin

-8.22

Net Margin

-8.45

Return on Assets

-7.84

Return on Equity

-11.80

Return on Total Capital

-10.60

Capital Structure

Total Debt to Total Assets

0.98

Officers and Executives

Name Age Officer Since Title
Mr. Matthew B. Oppenheimer 38 2018 President, Chief Executive Officer & Director
Mr. Joshua Hug 42 2016 Director
Mr. Hemanth Ramaswamy Munipalli 52 2022 Chief Financial Officer
Mr. Ankur Sinha - 2022 Chief Technology Officer
Dr. Robert Kaskel 47 2021 Executive Vice President-People

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
12/16/2022 Joshua Hug
Chief Operating Officer; Director
20,000   Gift at $0 per share. 0
12/15/2022 Matthew B. Oppenheimer
Chief Executive Officer; Director
70,000   Gift at $0 per share. 0
12/14/2022 Matthew B. Oppenheimer
Chief Executive Officer; Director
500,000   Gift at $0 per share. 0
11/29/2022 René Yoakum
EVP, Customer and Culture
5,427   Disposition at $9.94 per share. 53,944
11/28/2022 Joshua Hug
Chief Operating Officer; Director
7,728   Disposition at $10.3 per share. 79,598
11/25/2022 Joshua Hug
Chief Operating Officer; Director
2,382   Derivative/Non-derivative trans. at $10.77 per share. 25,654
11/25/2022 René Yoakum
EVP, Customer and Culture
1,748   Derivative/Non-derivative trans. at $10.77 per share. 18,825
11/25/2022 Joshua Hug
Chief Operating Officer; Director
10,110   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Phillip John Riese
Director
1,456   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Phillip John Riese
Director
5,808   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Bora Chung
Director
1,075   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Bora Chung
Director
5,808   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Ron Shah
Director
1,290   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 Margaret Mary Smyth
Director
1,314   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2022 René Yoakum
EVP, Customer and Culture
7,175   Derivative/Non-derivative trans. at $0 per share. 0
11/10/2022 René Yoakum
EVP, Customer and Culture
5,971   Disposition at $10 per share. 59,710
08/26/2022 Joshua Hug
Chief Operating Officer; Director
7,727   Disposition at $11.05 per share. 85,383
08/25/2022 Joshua Hug
Chief Operating Officer; Director
7,482   Disposition at $11.45 per share. 85,668
08/25/2022 Joshua Hug
Chief Operating Officer; Director
2,382   Derivative/Non-derivative trans. at $11.5 per share. 27,393
08/25/2022 Joshua Hug
Chief Operating Officer; Director
10,109   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Phillip John Riese
Director
1,457   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Phillip John Riese
Director
5,809   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Bora Chung
Director
1,074   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Bora Chung
Director
5,809   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Ron Shah
Director
1,289   Derivative/Non-derivative trans. at $0 per share. 0
08/25/2022 Margaret Mary Smyth
Director
1,313   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Joshua Hug
Chief Operating Officer; Director
2,627   Derivative/Non-derivative trans. at $10.71 per share. 28,135
05/25/2022 Joshua Hug
Chief Operating Officer; Director
10,109   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Charles H. Stonecipher
Director
12,176   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 William K. Bryant
Director
12,176   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Phillip John Riese
Director
5,809   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Bora Chung
Director
5,809   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Ron Shah
Director
12,698   Derivative/Non-derivative trans. at $0 per share. 0
05/25/2022 Laurent Le Moal
Director
11,596   Derivative/Non-derivative trans. at $0 per share. 0
/news/latest/company/us/rely

MarketWatch News on RELY

  1. Remitly Global stock price target cut to $13 from $23 at KeyBanc Capital

    5:24 a.m. Aug. 2, 2022

    - Tomi Kilgore

  2. Coinbase Is Making It Possible to Send Crypto From U.S. to Mexico

    6:09 p.m. Feb. 15, 2022

    - Barron's Online

  3. MoneyGram Stock Soars. It's Being Taken Private for $1.8 Billion.

    10:20 a.m. Feb. 15, 2022

    - Barron's Online

  4. Remitly started at overweight with $57 stock price target at J.P. Morgan

    6:12 a.m. Oct. 18, 2021

    - Tomi Kilgore

  5. Remitly Global started at overweight with $48 stock price target at KeyBanc Capital

    5:39 a.m. Oct. 18, 2021

    - Tomi Kilgore

  6. Brilliant Earth, EngageSmart Soar in Market Debuts

    5:36 p.m. Sept. 23, 2021

    - Barron's Online

  7. Brilliant Earth skyrockets 27% in trading debut

    11:46 a.m. Sept. 23, 2021

    - Tonya Garcia

  8. Remitly stock indicated to open around $50, or 16.3% above $43 IPO price

    9:43 a.m. Sept. 23, 2021

    - Tomi Kilgore

  9. Remitly IPO: 5 things to know about the remittance company

    5:35 a.m. Sept. 23, 2021

    - Emily Bary

  10. Remitly sets IPO terms, to be valued at up to $6.8 billion

    6:27 a.m. Sept. 14, 2021

    - Tomi Kilgore

/news/nonmarketwatch/company/us/rely

Other News on RELY

  1. Top 5 4th Quarter Trades of Amazon com Inc

    6:00 p.m. Jan. 18, 2023

    - GuruFocus.com

  2. Insider Alert: An Insider Just Sold Remitly Global Inc Shares

    12:30 p.m. Nov. 30, 2022

    - GuruFocus.com

  3. 10-Q: REMITLY GLOBAL, INC.

    5:12 p.m. Nov. 9, 2022

    - Edgar Online - (EDG = 10Q, 10K)

  4. Remitly Global, Inc. (RELY) Q3 2022 Earnings Call Transcript

    4:41 p.m. Nov. 5, 2022

    - Seeking Alpha

  5. Remitly Global Grows Revenue But Operating Losses Worsen

    1:58 a.m. Oct. 8, 2022

    - Seeking Alpha

  6. 2 Hypergrowth Stocks to Buy in 2022 and Beyond

    5:30 a.m. Sept. 16, 2022

    - Motley Fool

  7. Remitly Global: Time To Get Upbeat

    5:43 a.m. Aug. 28, 2022

    - Seeking Alpha

  8. Remitly Global acquires Israeli-based Rewire for $80M

    8:35 a.m. Aug. 16, 2022

    - Seeking Alpha

  9. 10-Q: REMITLY GLOBAL, INC.

    3:53 p.m. Aug. 10, 2022

    - Edgar Online - (EDG = 10Q, 10K)

  10. My Top Tech IPO to Buy in August

    6:23 a.m. Aug. 7, 2022

    - Motley Fool

  11. Top 5 2nd Quarter Trades of SkyOak Wealth, LLC

    12:00 p.m. July 26, 2022

    - GuruFocus.com

  12. Loading more headlines...

At a Glance

Remitly Global, Inc.

1111 Third Avenue

Suite 2100

Seattle, Washington 98101

Phone

1 8887364859

Industry

Consumer Finance

Sector

Financial Services

Fiscal Year-end

12/2022

Revenue

$458.61M

Net Income

$-38.76M

Employees

1,800

/news/pressrelease/company/us/rely

Press Releases on RELY

  1. Remitly Completes Acquisition of Rewire

    9:05 a.m. Jan. 5, 2023

    - GlobeNewswire

  2. Remitly to Present at the Citi 2022 FinTech Conference

    8:55 a.m. Nov. 10, 2022

    - GlobeNewswire

  3. Remitly Reports Third Quarter 2022 Results

    3:05 p.m. Nov. 2, 2022

    - GlobeNewswire

  4. Remitly Ushers in New Era of Regional Growth in Asia-Pacific

    8:00 a.m. Oct. 20, 2022

    - GlobeNewswire

  5. Remitly to Sponsor Technica 2022 Hackathon

    8:05 a.m. Oct. 13, 2022

    - GlobeNewswire

  6. Monday Sector Laggards: Grocery & Drug Stores, Consumer Services

    11:07 a.m. Oct. 3, 2022

    - MarketNewsVideo.com

  7. Remitly Reports Second Quarter 2022 Results

    3:06 p.m. Aug. 3, 2022

    - BusinessWire - BZX

  8. Remitly Appoints Rina Hahn as Chief Marketing Officer

    3:05 p.m. June 16, 2022

    - BusinessWire - BZX

  9. Remitly Appoints Hemanth Munipalli as Chief Financial Officer

    3:05 p.m. June 6, 2022

    - BusinessWire - BZX

  10. Remitly to Present at the William Blair Growth Stock Conference

    7:55 a.m. June 3, 2022

    - BusinessWire - BZX

  11. Loading more headlines...
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