REMITLY GLOBAL, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.68 USD | -1.21% |
|
-4.68% | -24.41% |
| May. 07 | Remitly Global, Inc. Appoints Ronit Peled as Chief People Officer | CI |
| May. 01 | Earnings Flash (RELY) REMITLY GLOBAL Reports Q1 Revenue $269.1M, vs. Street Est of $273.9M | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,384 | 1,954 | 3,596 | 2,860 | - | - |
| Enterprise Value (EV) 1 | 2,981 | 1,663 | 3,596 | 2,577 | 2,429 | 2,192 |
| P/E ratio | -87.4 x | -16.8 x | -29.9 x | -37.1 x | -115 x | 47.1 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 7.38 x | 2.99 x | 3.81 x | 2.31 x | 1.85 x | 1.55 x |
| EV / Revenue | 6.5 x | 2.54 x | 3.81 x | 2.08 x | 1.57 x | 1.19 x |
| EV / EBITDA | -283 x | -122 x | 80.9 x | 27.7 x | 15.1 x | 9.13 x |
| EV / FCF | -146 x | -14.8 x | -63.7 x | 8.48 x | 16.6 x | 11.8 x |
| FCF Yield | -0.68% | -6.76% | -1.57% | 11.8% | 6.01% | 8.48% |
| Price to Book | 7.05 x | 4 x | - | 6.17 x | 4.74 x | 3.71 x |
| Nbr of stocks (in thousands) | 164,106 | 170,664 | 185,158 | 192,481 | - | - |
| Reference price 2 | 20.62 | 11.45 | 19.42 | 14.86 | 14.86 | 14.86 |
| Announcement Date | 3/2/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 458.6 | 653.6 | 944.3 | 1,238 | 1,544 | 1,842 |
| EBITDA 1 | - | -10.52 | -13.63 | 44.45 | 92.93 | 161.4 | 240.2 |
| EBIT 1 | - | -39.72 | -121 | -114.2 | -73.48 | -13.16 | 120.3 |
| Operating Margin | - | -8.66% | -18.52% | -12.09% | -5.93% | -0.85% | 6.53% |
| Earnings before Tax (EBT) 1 | - | -37.71 | -113 | -111.9 | -66.43 | -5.34 | 159.5 |
| Net income 1 | -32.56 | -38.76 | -114 | -117.8 | -76.4 | -22.47 | 64.84 |
| Net margin | - | -8.45% | -17.45% | -12.48% | -6.17% | -1.46% | 3.52% |
| EPS 2 | -1.520 | -0.2360 | -0.6800 | -0.6500 | -0.4006 | -0.1292 | 0.3156 |
| Free Cash Flow 1 | - | -20.35 | -112.4 | -56.45 | 304 | 146 | 186 |
| FCF margin | - | -4.44% | -17.21% | -5.98% | 24.55% | 9.46% | 10.1% |
| FCF Conversion (EBITDA) | - | - | - | - | 327.14% | 90.47% | 77.45% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 286.87% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 8/30/21 | 3/2/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 135.3 | 136 | 157.3 | 169.3 | 191 | 203.9 | 234 | 241.6 | 264.8 | 269.1 | 303.4 | 318.9 | 346.8 | 347 | 379.7 |
| EBITDA 1 | -7.122 | -12.06 | -5.326 | -3.722 | 7.478 | 5.362 | 20.42 | 10.5 | 8.178 | 19.26 | 22.9 | 24.01 | 26.95 | 33.15 | 40.52 |
| EBIT 1 | -16.54 | -23.17 | -39.38 | -35.62 | -22.87 | -28.07 | -18.22 | -36.9 | -31 | -19.95 | -19.52 | -16.71 | -17.31 | -12.94 | -8.662 |
| Operating Margin | -12.23% | -17.04% | -25.04% | -21.04% | -11.97% | -13.77% | -7.79% | -15.27% | -11.71% | -7.41% | -6.44% | -5.24% | -4.99% | -3.73% | -2.28% |
| Earnings before Tax (EBT) 1 | -16.62 | -22.78 | -37.58 | -32.78 | -19.83 | -27.94 | -18.99 | -35.4 | -29.6 | -20.08 | -17.68 | -16.44 | -16.24 | -8.471 | -6.428 |
| Net income 1 | -16.58 | -23.31 | -38.24 | -33.07 | -19.4 | -28.31 | -18.85 | -35.66 | -35.02 | -21.08 | -20.42 | -18.27 | -17.51 | -11.99 | -7.712 |
| Net margin | -12.26% | -17.14% | -24.32% | -19.54% | -10.15% | -13.89% | -8.05% | -14.76% | -13.23% | -7.83% | -6.73% | -5.73% | -5.05% | -3.45% | -2.03% |
| EPS 2 | -0.1000 | -0.1400 | -0.2300 | -0.2000 | -0.1100 | -0.1600 | -0.1100 | -0.2000 | -0.1900 | -0.1100 | -0.1121 | -0.0945 | -0.0857 | -0.0600 | -0.0525 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/2/22 | 5/5/22 | 8/3/22 | 11/2/22 | 2/22/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/21/24 | 5/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 403 | 291 | - | 283 | 431 | 668 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -20.3 | -112 | -56.4 | 304 | 146 | 186 |
| ROE (net income / shareholders' equity) | - | -28.8% | -4.58% | 5.22% | 14.7% | 22.7% | 22.5% |
| ROA (Net income/ Total Assets) | - | -7.84% | -3.33% | 3.04% | 7.72% | 13.2% | 13.1% |
| Assets 1 | - | 494.3 | 3,422 | -3,876 | -990.2 | -170 | 496.6 |
| Book Value Per Share 2 | - | 2.920 | 2.860 | - | 2.410 | 3.130 | 4.010 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 1.96 | 3.68 | 2.86 | 12 | 16 | 17.5 |
| Capex / Sales | - | 0.43% | 0.56% | 0.3% | 0.97% | 1.04% | 0.95% |
| Announcement Date | 8/30/21 | 3/2/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
14.86
USD
Average target price
24
USD
Spread / Average Target
+61.51%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -24.41% | 2.86B | |
| +16.43% | 89.69B | |
| +4.95% | 66.75B | |
| -5.37% | 43.9B | |
| -12.15% | 28.35B | |
| +0.22% | 21.88B | |
| -14.19% | 12.44B | |
| -9.55% | 10.29B | |
| -18.09% | 8.04B | |
| +12.61% | 5.16B |
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- Financials Remitly Global, Inc.