Remitly Global, Inc.
RELYTechnologyNASDAQSoftware - Infrastructure
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Daily timeframeRemitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. The $5.08B market capitalization puts RELY squarely in mid-cap range for its industry. It offers cross-border remittances and complementary financial services through mobile application and website.
Market Cap
$5.08B
Beta
0.34
P/E (TTM)
52.46
P/E (Fwd)
14.60
EPS (TTM)
$0.46
EPS (Fwd)
$1.65
ROE
13.0%
ROA
6.6%
Cash
$649.1M
Total Debt
$39.3M
Free CF
$181.7M
52W Change
41.8%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $649.1M in cash comfortably exceeding the $39.3M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $181.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 13.0% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $653.6M (2022) to $1.64B (2025), reflecting a 150% increase over the period.
RELY's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. With cash comfortably exceeding debt, RELY has financial flexibility that may help navigate uncertain periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. No single metric tells the full story. Reviewing RELY's risk profile alongside its fundamentals and technical indicators provides a more complete picture.