Remitly Cost Of Revenue from 2010 to 2024

RELY Stock  USD 22.64  0.21  0.94%   
Remitly Global Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue is likely to outpace its year average in 2024. During the period from 2010 to 2024, Remitly Global Cost Of Revenue regression line of annual values had r-squared of  0.03 and arithmetic mean of  355,389,489. View All Fundamentals
 
Cost Of Revenue  
First Reported
2011-06-30
Previous Quarter
132.3 M
Current Value
115.6 M
Quarterly Volatility
120.2 M
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Remitly Global over the last few years. Cost of Revenue is found on Remitly Global income statement and represents the costs associated with goods and services Remitly Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Remitly Global's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Pretty Stable
   Cost Of Revenue   
       Timeline  

Remitly Cost Of Revenue Regression Statistics

Arithmetic Mean355,389,489
Geometric Mean123,168,465
Coefficient Of Variation127.31
Mean Deviation348,742,919
Median135,842,000
Standard Deviation452,432,252
Sample Variance204694.9T
Range1.3B
R-Value0.18
Mean Square Error213512.6T
R-Squared0.03
Significance0.53
Slope17,934,976
Total Sum of Squares2865729.2T

Remitly Cost Of Revenue History

2024440.6 M
2023410.9 M
2022326.9 M
2021237.1 M
2020135.8 M
201873.3 M
20171.3 B

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue410.9 M440.6 M

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.