Remitly Operating Margin from 2010 to 2024

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Global Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin will likely drop to -0.13 in 2024.
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 Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Remitly Global over the last few years. It is Remitly Global's Operating Profit Margin 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.
ViewLast Reported 0 %10 Years Trend
Pretty Stable
   Operating Profit Margin   
       Timeline  

Remitly Operating Margin Regression Statistics

Arithmetic Mean(0.11)
Geometric Mean0.13
Coefficient Of Variation(261.20)
Mean Deviation0.17
Median(0.11)
Standard Deviation0.30
Sample Variance0.09
Range1.413
R-Value(0.24)
Mean Square Error0.09
R-Squared0.06
Significance0.39
Slope(0.02)
Total Sum of Squares1.25

Remitly Operating Margin History

2024 -0.13
2023 -0.12
2022 -0.19
2021 -0.0866
2020 -0.11
2018 -0.4
2017 -0.096

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Operating Margin, 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.
Remitly Global, Inc. provides digital financial services for immigrants and their families. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Remitly Global operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1800 people.

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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.