Remitly Global may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Remitly Global's Property Plant And Equipment Net is fairly stable compared to the past year. Other Current Assets is likely to rise to about 352.2 M in 2025, whereas Total Assets are likely to drop slightly above 962.2 M in 2025. Key indicators impacting Remitly Global's financial strength include:
The essential information of the day-to-day investment outlook for Remitly Global includes many different criteria found on its balance sheet. An individual investor should monitor Remitly Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Remitly Global.
Please note, the imprecision that can be found in Remitly Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Remitly Global. Check Remitly Global's Beneish M Score to see the likelihood of Remitly Global's management manipulating its earnings.
Remitly Global Stock Summary
Remitly Global competes with ACI Worldwide, EverCommerce, Global Blue, CSG Systems, and Evertec. 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.
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Remitly Global. It measures of how well Remitly is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Remitly Global brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Remitly had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Remitly Global has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Remitly Global's current stock value. Our valuation model uses many indicators to compare Remitly Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Remitly Global competition to find correlations between indicators driving Remitly Global's intrinsic value. More Info.
Remitly Global is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Remitly Global's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Remitly Global's earnings, one of the primary drivers of an investment's value.
Remitly Global's Earnings Breakdown by Geography
Remitly Global Systematic Risk
Remitly Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Remitly Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Remitly Global correlated with the market. If Beta is less than 0 Remitly Global generally moves in the opposite direction as compared to the market. If Remitly Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Remitly Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Remitly Global is generally in the same direction as the market. If Beta > 1 Remitly Global moves generally in the same direction as, but more than the movement of the benchmark.
Remitly Global Thematic Clasifications
Remitly Global is part of Aggressive Defence investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Small capitalization, high growth potential companies. Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility
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Today, most investors in Remitly Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Remitly Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Remitly Global growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Remitly Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Remitly Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Remitly Global based on widely used predictive technical indicators. In general, we focus on analyzing Remitly Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Remitly Global's daily price indicators and compare them against related drivers.
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.