Remitly Global, Inc. (RELY)

Remitly Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,462	1,264	944.29	653.56	458.61	256.96
Revenue Growth (YoY)	35.12%	33.85%	44.48%	42.51%	78.48%	103.02%
Cost of Revenue	590.54	514.76	410.89	326.93	237.13	135.84
Gross Profit	871.36	749.2	533.4	326.63	221.47	121.11
Selling, General & Admin	534.58	498.95	410.87	298.76	191.85	105.46
Research & Development	290.4	269.82	219.42	138.72	64.09	40.78
Operating Expenses	847.18	786.82	643.4	444.2	261.2	150.3
Operating Income	24.18	-37.62	-110	-117.57	-39.72	-29.18
Interest Expense	-4.68	-3.24	-2.35	-1.3	-1.26	-1.19
Interest & Investment Income	7.76	8.08	7.45	4.15	0.14	0.27
Currency Exchange Gain (Loss)	-4.72	4.39	-2.6	5.26	3.13	-1.3
Other Non Operating Income (Expenses)	-0.18	-0.4	-0.24	-0.05	-	-
EBT Excluding Unusual Items	22.36	-28.78	-107.74	-109.51	-37.71	-31.4
Merger & Restructuring Charges	-	-0.79	-3.1	-3.46	-	-
Other Unusual Items	-0.68	-0.68	-1.1	-	-	-
Pretax Income	21.69	-30.25	-111.94	-112.98	-37.71	-31.4
Income Tax Expense	7.61	6.73	5.9	1.04	1.04	1.16
Net Income	14.08	-36.98	-117.84	-114.02	-38.76	-32.56
Net Income to Common	14.08	-36.98	-117.84	-114.02	-38.76	-32.56
Shares Outstanding (Basic)	200	195	181	168	61	21
Shares Outstanding (Diluted)	208	195	181	168	61	21
Shares Change (YoY)	10.68%	7.65%	7.78%	176.27%	183.00%	0.79%
EPS (Basic)	0.07	-0.19	-0.65	-0.68	-0.64	-1.52
EPS (Diluted)	0.06	-0.19	-0.65	-0.68	-0.64	-1.52
Free Cash Flow	346.01	188.49	-56.45	-112.34	-20.35	-116.27
Free Cash Flow Per Share	1.66	0.97	-0.31	-0.67	-0.34	-5.42
Gross Margin	59.60%	59.27%	56.49%	49.98%	48.29%	47.13%
Operating Margin	1.65%	-2.98%	-11.65%	-17.99%	-8.66%	-11.36%
Profit Margin	0.96%	-2.93%	-12.48%	-17.45%	-8.45%	-12.67%
Free Cash Flow Margin	23.67%	14.91%	-5.98%	-17.19%	-4.44%	-45.25%
EBITDA	36.52	-27.63	-101.41	-114.18	-36.95	-26.72
EBITDA Margin	2.50%	-2.19%	-10.74%	-17.47%	-8.06%	-10.40%
D&A For EBITDA	12.34	9.99	8.59	3.39	2.78	2.46
EBIT	24.18	-37.62	-110	-117.57	-39.72	-29.18
EBIT Margin	1.65%	-2.98%	-11.65%	-17.99%	-8.66%	-11.36%
Advertising Expenses	-	225.4	181.3	139.3	102.9	62

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q