← Remitly Global, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $126.6m |
$257.0m
+103.02%
|
$458.6m
+78.48%
|
$653.6m
+42.51%
|
$944.3m
+44.48%
|
$1.3b
+33.85%
|
$1.6b
+29.37%
|
$1.8b
+10.67%
|
|
| Cost of revenue | $73.3m |
$135.8m
+85.32%
|
$237.1m
+74.56%
|
$326.9m
+37.87%
|
$411.6m
+25.91%
|
$515.5m
+25.24%
|
$650.7m
+26.22%
|
$697.5m
+7.19%
|
|
| Gross Profit | $53.3m |
$121.1m
+127.38%
|
$221.5m
+82.86%
|
$326.6m
+47.48%
|
$532.7m
+63.08%
|
$748.4m
+40.51%
|
$984.4m
+31.53%
|
$1.1b
+12.97%
|
|
| Technology and development | $32.0m | $40.8m | $64.1m | $138.7m | $219.9m | $269.8m | $313.9m | — | |
| General and administrative | $25.7m | $31.7m | $70.9m | $131.2m | $179.4m | $195.9m | $225.1m | $223.8m | |
| Total costs and expenses | $177.2m | $286.1m | $498.3m | $774.6m | $1.1b | $1.3b | $1.6b | $1.6b | |
| Interest expense | ($1.6m) | ($1.2m) | ($1.3m) | ($1.3m) | ($2.4m) | ($3.2m) | ($7.6m) | $10.3m | |
| Interest income | $1.1m | $273k | $140k | $4.1m | $7.4m | $8.1m | $7.7m | $7.0m | |
| Other income (expense), net | ($34k) | ($1.3m) | $3.1m | $5.2m | ($2.8m) | $4.0m | ($5.9m) | ($2.5m) | |
| Income (loss) before provision for income taxes | ($51.1m) | ($31.4m) | ($37.7m) | ($113.0m) | ($111.9m) | ($30.3m) | $71.6m | — | |
| Provision for income taxes | $259k | $1.2m | $1.0m | $1.0m | $5.9m | $6.7m | $3.7m | — | |
| Net income (loss) | ($51.4m) |
($32.6m)
+36.64%
|
($38.8m)
-19.01%
|
($114.0m)
-194.20%
|
($117.8m)
-3.35%
|
($37.0m)
+68.62%
|
$67.9m
+283.71%
|
$305.0m
+348.98%
|
|
| Basic (in dollars per share) | ($2.41) | ($1.52) | ($0.64) | ($0.68) | ($0.65) | ($0.19) | $0.33 | — | |
| Diluted (in dollars per share) | ($2.41) | ($1.52) | ($0.64) | ($0.68) | ($0.65) | ($0.19) | $0.31 | — | |
| Marketing | $43.5m | $73.8m | $120.9m | $171.0m | $234.4m | $303.8m | $342.9m | — | |
| Depreciation and amortization | $2.7m | $4.1m | $5.3m | $6.7m | $13.1m | $18.1m | $25.0m | $25.8m | |
| Income (loss) from operations | ($50.6m) |
($29.2m)
+42.33%
|
($39.7m)
-36.11%
|
($121.0m)
-204.71%
|
($114.2m)
+5.65%
|
($39.1m)
+65.77%
|
$77.5m
+298.20%
|
$171.0m
+120.75%
|
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.