RELY
Income statement / Annual
Last year (2024), Remitly Global, Inc.'s total revenue was $1.26 B,
an increase of 33.85% from the previous year.
In 2024, Remitly Global, Inc.'s net income was -$36.98 M.
See Remitly Global, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$1.26 B |
$944.29 M |
$653.56 M |
$458.61 M |
$256.96 M |
$126.57 M |
$1.35 B |
$1.25 B |
$1.15 B |
$42.05 M |
| Cost of Revenue |
$515.52 M
|
$411.63 M
|
$326.93 M
|
$237.13 M
|
$135.84 M
|
$73.30 M
|
$1.29 B
|
$1.18 B
|
$1.07 B
|
$25.70 M
|
| Gross Profit |
$748.44 M
|
$532.65 M
|
$326.63 M
|
$221.47 M
|
$121.11 M
|
$53.26 M
|
$59.10 M
|
$66.70 M
|
$74.90 M
|
$16.35 M
|
| Gross Profit Ratio |
0.59
|
0.56
|
0.5
|
0.48
|
0.47
|
0.42
|
0.04
|
0.05
|
0.07
|
0.39
|
| Research and Development Expenses |
$269.82 M
|
$219.94 M
|
$138.72 M
|
$64.09 M
|
$40.78 M
|
$32.01 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$195.86 M
|
$179.37 M
|
$131.25 M
|
$70.94 M
|
$31.66 M
|
$25.66 M
|
$52.30 M
|
$61.00 M
|
$56.00 M
|
$18.85 M
|
| Selling & Marketing Expenses |
$303.80 M
|
$234.42 M
|
$170.97 M
|
$120.91 M
|
$73.80 M
|
$43.54 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$499.66 M
|
$413.79 M
|
$302.22 M
|
$191.85 M
|
$105.46 M
|
$69.20 M
|
$52.30 M
|
$61.00 M
|
$56.00 M
|
$18.85 M
|
| Other Expenses |
$18.05 M
|
$13.12 M
|
$6.72 M
|
$5.26 M
|
$4.06 M
|
$2.66 M
|
$2.40 M
|
$2.40 M
|
$2.00 M
|
$28.84 M
|
| Operating Expenses |
$787.53 M
|
$646.85 M
|
$447.66 M
|
$261.20 M
|
$150.30 M
|
$103.87 M
|
$54.70 M
|
$63.40 M
|
$58.00 M
|
$47.69 M
|
| Cost And Expenses |
$1.30 B
|
$1.06 B
|
$774.60 M
|
$498.33 M
|
$286.14 M
|
$177.17 M
|
$1.34 B
|
$1.25 B
|
$1.13 B
|
$73.39 M
|
| Interest Income |
$8.08 M
|
$7.45 M
|
$4.15 M
|
$140,000.00
|
$273,000.00
|
$1.11 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$3.24 M
|
$2.35 M
|
$1.30 M
|
$1.26 M
|
$1.19 M
|
$1.61 M
|
$200,000.00
|
$34.70 M
|
$33.40 M
|
$905,000.00
|
| Depreciation & Amortization |
$18.05 M
|
$13.12 M
|
$770.80 M
|
$498.33 M
|
$286.14 M
|
$177.17 M
|
$52.70 M
|
$54.80 M
|
$46.00 M
|
$1.31 M
|
| EBITDA |
-$15.44 M |
-$96.47 M |
-$104.95 M |
-$31.20 M |
-$25.12 M |
-$46.87 M |
-$76.60 M |
-$14.00 M |
$63.40 M |
$3.04 M |
| EBITDA Ratio |
-0.01
|
-0.1
|
-0.16
|
-0.07
|
-0.1
|
-0.37
|
-0.06
|
-0.01
|
0.06
|
0.07
|
| Operating Income Ratio |
-0.03
|
-0.12
|
-0.19
|
-0.09
|
-0.11
|
-0.4
|
-0.1
|
-0.06
|
0.02
|
0.04
|
| Total Other Income/Expenses Net |
$8.84 M
|
$2.26 M
|
$8.06 M
|
$2.01 M
|
-$2.22 M
|
-$531,000.00
|
$700,000.00
|
-$35.00 M
|
-$58.20 M
|
-$3.26 M
|
| Income Before Tax |
-$30.25 M
|
-$111.94 M
|
-$112.98 M
|
-$37.71 M
|
-$31.40 M
|
-$51.13 M
|
-$128.60 M
|
-$103.80 M
|
-$40.80 M
|
-$1.53 M
|
| Income Before Tax Ratio |
-0.02
|
-0.12
|
-0.17
|
-0.08
|
-0.12
|
-0.4
|
-0.1
|
-0.08
|
-0.04
|
-0.04
|
| Income Tax Expense |
$6.73 M
|
$5.90 M
|
$1.04 M
|
$1.04 M
|
$1.16 M
|
$259,000.00
|
-$7.80 M
|
-$600,000.00
|
-$9.10 M
|
-$4.68 M
|
| Net Income |
-$36.98 M
|
-$117.84 M
|
-$114.02 M
|
-$38.76 M
|
-$32.56 M
|
-$51.39 M
|
-$120.80 M
|
-$103.20 M
|
-$31.70 M
|
$3.15 M
|
| Net Income Ratio |
-0.03
|
-0.12
|
-0.17
|
-0.08
|
-0.13
|
-0.41
|
-0.09
|
-0.08
|
-0.03
|
0.07
|
| EPS |
-0.19 |
-0.65 |
-0.68 |
-0.24 |
-0.2 |
-0.32 |
-4.17 |
-3.57 |
-1.09 |
0.23 |
| EPS Diluted |
-0.19 |
-0.65 |
-0.68 |
-0.24 |
-0.2 |
-0.32 |
-4.17 |
-3.57 |
-1.09 |
0.22 |
| Weighted Average Shares Out |
$194.65 M
|
$180.82 M
|
$167.77 M
|
$164.24 M
|
$162.65 M
|
$162.65 M
|
$28.97 M
|
$28.95 M
|
$29.20 M
|
$13.40 M
|
| Weighted Average Shares Out Diluted |
$194.65 M
|
$180.82 M
|
$167.77 M
|
$164.24 M
|
$162.65 M
|
$162.65 M
|
$28.97 M
|
$28.95 M
|
$29.20 M
|
$14.40 M
|
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