Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Remitly Global, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
127
257
459
654
944
1,264
1,635
Research and development
32
40.8
64.1
139
220
270
314
Selling and marketing
43.5
73.8
121
171
234
304
343
General and administrative
25.7
31.7
70.9
131
179
196
225
Operating income
-50.6
-29.2
-39.7
-121
-114
-39.1
77.5
Interest expense
1.61
1.19
1.26
1.3
2.35
3.24
7.61
Interest income
1.11
0.27
0.14
4.15
7.45
8.08
7.7
Other non-operating income
-0.03
-1.3
3.13
5.21
-2.84
4
-5.93
Pre-tax income
-51.1
-31.4
-37.7
-113
-112
-30.3
71.6
Income tax
0.26
1.16
1.04
1.04
5.9
6.73
3.7
Net income
-51.4
-32.6
-38.8
-114
-118
-37
67.9
EBITDA
-47.9
-25.1
-34.5
-114
-101
-21
103
EPS, basic
-2.98
-1.52
-0.64
-0.68
-0.65
-0.19
0.33
EPS, diluted
-2.98
-1.52
-0.64
-0.68
-0.65
-0.19
0.31
Shares, basic (weighted)
21.3
21.5
60.7
168
181
195
206
Shares, diluted (weighted)
21.3
21.5
60.7
168
181
195
218
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
182
187
403
301
324
368
542
Other current assets
6.35
17.4
0.5
1.32
9.06
8.55
Total current assets
345
608
669
932
898
1,316
Property, plant and equipment
9.68
9.25
11.5
16
31.6
61.5
Lease right-of-use assets
5.61
5.3
8.68
9.53
13
12.5
Goodwill
0
54.9
54.9
54.9
Intangible assets
0
16.6
10.5
2.13
Other non-current assets
1
3.51
6.31
7.07
5.39
11.7
Total assets
363
626
696
1,036
1,013
1,459
Accounts payable
4.26
1.21
6.79
35.1
16.2
28.5
Accrued liabilities
39.7
66.7
87.8
146
117
142
Short-term debt
0
2.48
2.47
2.82
Total current liabilities
182
142
209
367
329
399
Long-term debt
0
130
0
155
Lease liabilities
4.01
2.91
5.67
4.48
9.07
28.1
Other non-current liabilities
0.83
0.81
1.05
5.65
9.32
7.74
Total liabilities
187
145
216
507
347
590
Total debt
0
130
0
155
Paid-in capital
8.77
740
854
1,020
1,195
1,326
Retained earnings
-221
-259
-373
-491
-528
-460
Other comprehensive income
0.59
0.25
-0.74
0.34
-1.66
3.6
Shareholders' equity
-187
-211
480
480
529
665
869
Total equity
-187
-211
480
480
529
665
869
Total liabilities and equity
363
626
696
1,036
1,013
1,459
Shares outstanding
24.3
164
173
188
201
211
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-51.4
-32.6
-38.8
-114
-118
-37
67.9
Depreciation and amortization
2.66
4.06
5.26
6.72
13.1
18.1
25
Stock-based compensation
3.65
5.26
17
95.3
137
152
155
Deferred income tax
0
0.01
-0.86
-1.42
-0.84
0.55
-2.37
Change in payables
-1.49
4.04
-3.04
5.54
27.6
-20.8
10.1
Cash from operations
8.44
-114
-18.4
-109
66.8
112
325
Capital expenditures
-5.05
-2.06
-1.96
-3.68
-2.86
-6
-29.4
Acquisitions
0
0
-0.25
-40.9
0
0
Cash from investing
-7.21
-4.37
-4.53
-7.31
-50
-19.9
-69.9
Debt repaid
-2.77
0
0
-0.38
-17.1
Stock issued
0
0
305
0
0
8.67
6.66
Share buybacks
-7.02
0
0
0
0
-23.9
Cash from financing
117
122
238
14.6
6.25
-42.4
-89.8
Exchange rate effect
0.33
0.92
-0.04
-1.2
1.27
-4.56
9.11
Net change in cash
119
4.56
215
-103
24.3
44.8
174
Free cash flow
3.39
-116
-20.3
-112
63.9
106
296
Interest paid
1.56
1.06
0.93
0.91
1.65
2.55
5.48
Income taxes paid
0.19
0.42
0.76
2.28
5.31
3.16
2.72
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $21.36 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
9.5%
Operating income / revenue.
EBITDA margin
10.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
9.1%
Pre-tax income / revenue.
Net margin
16.9%
Net income / revenue.
FCF margin
21.4%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
22.4%
Cash from operations / revenue.
Effective tax rate
-84.5%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
27.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
19.5%
Net income / average total assets.
Return on invested capital (ROIC)
30.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
17.5%
Research and development expense / revenue.
Stock-based pay / revenue
7.9%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
1.0%
Capital expenditures / revenue.
D&A / revenue
1.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
29.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
35.8%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
44.8%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
191.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
180.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
30.6%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
21.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
44.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
28.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
32.1%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
11.8%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
9.0%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
58.9%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.18x
Current assets / current liabilities.
Quick ratio
1.67x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.67x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.00x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
0.0%
Total debt / total assets.
Liabilities / assets
28.1%
Total liabilities / total assets.
Net debt
-$676.4M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
-3.44x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
4.5%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.38
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$8.19
Revenue / diluted weighted shares.
FCF per share
$1.76
Free cash flow / diluted weighted shares.
Operating cash flow per share
$1.84
Cash from operations / diluted weighted shares.
Book value per share
$5.32
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Share buybacks / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$4.52B
Share price x shares outstanding.
Enterprise value
$3.85B
Market cap + total debt - cash - short-term investments.
P/E
14.8x
Market cap / net income. Only when net income is positive.
P/S
2.50x
Market cap / revenue.
P/B
4.01x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.22x
Market cap / tangible book value, when positive.
P/FCF
11.7x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
11.1x
Market cap / cash from operations, when positive.
EV/Sales
2.12x
Enterprise value / revenue.
EV/EBIT
22.5x
Enterprise value / operating income, when both are positive.
EV/EBITDA
19.5x
Enterprise value / EBITDA, when both are positive.
EV/FCF
9.91x
Enterprise value / free cash flow, when both are positive.
FCF yield
8.6%
Free cash flow / market cap.
Earnings yield
6.7%
Net income / market cap (the inverse of P/E).
Shareholder yield
2.0%
(Dividends paid + share buybacks) / market cap.
What was Remitly Global, Inc.'s revenue in fiscal 2025?
Remitly Global, Inc. reported revenue of $1.64B for fiscal 2025, 29.4% higher than the year before.
Was Remitly Global, Inc. profitable in fiscal 2025?
Yes. Net income was $67.9M, a net margin of 4.2%.
How much free cash flow did Remitly Global, Inc. generate in fiscal 2025?
Cash from operations of $325.1M minus capital expenditures of $29.4M left free cash flow of $295.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.