Remitly Global (RELY)
Moves money across borders and extends the same network into business payments and financial accounts.
$21.75
vs last close+0.16 (+0.74%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 242 | 265 | 269 | 306 | 337 | 352 | 362 | 412 | 419 | 442 | 453 | 495 |
| Cost of revenue | 107 | 109 | 110 | 128 | 137 | 140 | 144 | 169 | 173 | 179 | 184 | 188 |
| Gross profit | 135 | 156 | 159 | 179 | 199 | 211 | 218 | 243 | 246 | 264 | 269 | 307 |
| 172 | 187 | 179 | 194 | 199 | 215 | 205 | 228 | 235 | 225 | 203 | 241 | |
| Research & development | 57 | 59 | 63 | 68 | 68 | 71 | 74 | 77 | 80 | 82 | 0 | 0 |
| 111 | 124 | 112 | 123 | 126 | 139 | 126 | 145 | 148 | 150 | 142 | 160 | |
| Selling & marketing | 61 | 75 | 68 | 77 | 75 | 84 | 73 | 85 | 92 | 93 | 86 | 104 |
| General & administrative | 50 | 49 | 44 | 46 | 51 | 55 | 53 | 60 | 56 | 57 | 55 | 56 |
| Other expenses | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 6 | 6 | −7 | 62 | 80 |
| Operating income | −37 | −31 | −20 | −16 | 0 | −4 | 12 | 15 | 12 | 39 | 65 | 67 |
| 2 | 1 | 0 | 7 | 3 | −1 | 3 | −7 | 1 | −3 | −13 | −2 | |
| Interest income | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 2 | 3 |
| Other non-operating income | −2 | −2 | −1 | −8 | −4 | 0 | −4 | 5 | −3 | 0 | 11 | −1 |
| Income before tax | −35 | −30 | −20 | −9 | 4 | −5 | 15 | 8 | 12 | 36 | 52 | 65 |
| Income tax expense | 0 | 5 | 1 | 3 | 2 | 1 | 4 | 2 | 4 | −5 | 3 | −141 |
| Net income from continuing operations | −36 | −35 | −21 | −12 | 2 | −6 | 11 | 7 | 9 | 41 | 49 | 206 |
| Net income | −36 | −35 | −21 | −12 | 2 | −6 | 11 | 7 | 9 | 41 | 49 | 206 |
| EPS, basic | −$0.20 | −$0.19 | −$0.11 | −$0.06 | $0.01 | −$0.03 | $0.06 | $0.03 | $0.04 | $0.20 | $0.23 | $0.98 |
| EPS, diluted | −$0.20 | −$0.19 | −$0.11 | −$0.06 | $0.01 | −$0.03 | $0.05 | $0.03 | $0.04 | $0.19 | $0.23 | $0.93 |
| Weighted average shares, basic | 183 | 186 | 190 | 193 | 196 | 195 | 202 | 205 | 207 | 210 | 211 | 211 |
| Weighted average shares, diluted | 183 | 186 | 190 | 193 | 205 | 195 | 218 | 219 | 217 | 216 | 217 | 221 |
| EBITDA | −31 | −25 | −16 | −4 | 9 | 2 | 22 | 16 | 25 | 46 | 61 | 80 |
| Depreciation & amortization | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 6 | 11 | 7 | 6 | 12 |
| EBIT | −35 | −29 | −19 | −8 | 5 | −4 | 16 | 10 | 15 | 39 | 55 | 68 |