Remitly Global RELY
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Remitly Global (RELY) Business Model and Operations Summary
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Key Insights
Remitly Global (RELY) Core Market Data and Business Metrics
Latest Closing Price
$20.94Market Cap
$4.20 BillionPrice-Earnings Ratio
-59.83Total Outstanding Shares
200.61 Million SharesTotal Employees
2,800Dividend
No dividendIPO Date
September 23, 2021SIC Description
Services-business Services, NecPrimary Exchange
NASDAQHeadquarters
Remitly Global, Inc., Seattle, WA, 98101
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-15.07 Million |
| Net Cash Flow | $102.40 Million |
| Net Cash Flow From Financing Activities, Continuing | $1.23 Million |
| Net Cash Flow From Investing Activities, Continuing | $-15.07 Million |
| Net Cash Flow From Financing Activities | $1.23 Million |
| Net Cash Flow From Operating Activities | $110.43 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $1.23 Billion |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Operating Income/Loss | $-66.35 Million |
| Income Tax Expense/Benefit | $11.55 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $-66.28 Million |
| Costs And Expenses | $1.24 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-29.34 Million |
| Comprehensive Income/Loss | $-62.51 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $-63.25 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $3.02 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Wages | $10.52 Million |
| Other Current Liabilities | $296.75 Million |
| Other Current Assets | $844.83 Million |
| Prepaid Expenses | $16.43 Million |
| Noncurrent Liabilities | $15.51 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||