Remitly Global, Inc.
RELYTechnologyNASDAQSoftware - Infrastructure · Last scanned Jun 2, 2026
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Daily timeframePart of the technology sector, Remitly Global, Inc. (RELY) is listed under Software - Infrastructure. With a market capitalization of $4.43B, it sits in mid-cap territory. It offers cross-border remittances and complementary financial services through mobile application and website.
Market Cap
$4.43B
Beta
0.40
P/E (TTM)
43.81
P/E (Fwd)
12.75
EPS (TTM)
$0.48
EPS (Fwd)
$1.65
ROE
13.0%
ROA
6.6%
Cash
$649.1M
Total Debt
$39.3M
Free CF
$181.7M
52W Change
0.3%
Annual Financials
Cash vs Debt
Remitly Global, Inc. holds $649.1M in cash against $39.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $181.7M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. 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. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing RELY.