RELY
Income statement / Annual
Last year (2023), Remitly Global, Inc.'s total revenue was $944.29 M,
an increase of 44.48% from the previous year.
In 2023, Remitly Global, Inc.'s net income was -$117.84 M.
See Remitly Global, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
FY-2013
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
12/31/2013 |
| Operating Revenue |
$944.29 M
|
$653.56 M
|
$458.61 M
|
$256.96 M
|
$126.57 M
|
$1.35 B
|
$1.25 B
|
$1.15 B
|
$42.05 M
|
$43.51 M
|
| Cost of Revenue |
$411.63 M |
$326.93 M |
$237.13 M |
$135.84 M |
$73.30 M |
$1.29 B |
$1.18 B |
$1.07 B |
$25.70 M |
$23.43 M |
| Gross Profit |
$532.65 M |
$326.63 M |
$221.47 M |
$121.11 M |
$53.26 M |
$59.10 M |
$66.70 M |
$74.90 M |
$16.35 M |
$20.08 M |
| Gross Profit Ratio |
0.56 |
0.5 |
0.48 |
0.47 |
0.42 |
0.04 |
0.05 |
0.07 |
0.39 |
0.46 |
| Research and Development
Expenses |
$219.94 M
|
$138.72 M
|
$64.09 M
|
$40.78 M
|
$32.01 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$179.37 M
|
$131.25 M
|
$70.94 M
|
$31.66 M
|
$25.66 M
|
$52.30 M
|
$61.00 M
|
$56.00 M
|
$18.85 M
|
$17.74 M
|
| Selling & Marketing
Expenses |
$234.42 M
|
$170.97 M
|
$120.91 M
|
$73.80 M
|
$43.54 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$413.79 M
|
$302.22 M
|
$191.85 M
|
$105.46 M
|
$69.20 M
|
$52.30 M
|
$61.00 M
|
$56.00 M
|
$18.85 M
|
$17.74 M
|
| Other Expenses |
$13.12 M |
$6.72 M |
$5.26 M |
$4.06 M |
$2.66 M |
$2.40 M |
$2.40 M |
$2.00 M |
$28.84 M |
$31.24 M |
| Operating Expenses |
$729.37 M |
$447.66 M |
$261.20 M |
$150.30 M |
$103.87 M |
$54.70 M |
$63.40 M |
$58.00 M |
$47.69 M |
$48.98 M |
| Cost And Expenses |
$1.06 B |
$774.60 M |
$498.33 M |
$286.14 M |
$177.17 M |
$1.34 B |
$1.25 B |
$1.13 B |
$73.39 M |
$72.41 M |
| Interest Income |
$7.45 M |
$4.15 M |
$140,000.00 |
$273,000.00 |
$1.11 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$2.35 M |
$1.30 M |
$1.26 M |
$1.19 M |
$1.61 M |
$200,000.00 |
$34.70 M |
$33.40 M |
$905,000.00 |
$3.94 M |
| Depreciation &
Amortization |
$13.12 M
|
$770.80 M
|
$498.33 M
|
$286.14 M
|
$177.17 M
|
$52.70 M
|
$54.80 M
|
$46.00 M
|
$1.31 M
|
$1.93 M
|
| EBITDA |
-$95.10 M
|
-$104.95 M
|
-$31.20 M
|
-$25.12 M
|
-$46.87 M
|
-$76.60 M
|
-$14.00 M
|
$63.40 M
|
$3.04 M
|
-$4.00 M
|
| EBITDA Ratio |
-0.1 |
-0.16 |
-0.07 |
-0.1 |
-0.37 |
-0.06 |
-0.01 |
0.06 |
0.07 |
-0.09 |
| Operating Income Ratio
|
-0.12
|
-0.19
|
-0.09
|
-0.11
|
-0.4
|
-0.1
|
-0.06
|
0.02
|
0.04
|
-0.14
|
| Total Other
Income/Expenses Net |
$2.26 M
|
$8.06 M
|
$2.01 M
|
-$2.22 M
|
-$531,000.00
|
$700,000.00
|
-$35.00 M
|
-$58.20 M
|
-$3.26 M
|
-$3.94 M
|
| Income Before Tax |
-$111.94 M |
-$112.98 M |
-$37.71 M |
-$31.40 M |
-$51.13 M |
-$128.60 M |
-$103.80 M |
-$40.80 M |
-$1.53 M |
-$9.87 M |
| Income Before Tax Ratio
|
-0.12
|
-0.17
|
-0.08
|
-0.12
|
-0.4
|
-0.1
|
-0.08
|
-0.04
|
-0.04
|
-0.23
|
| Income Tax Expense |
$5.90 M |
$1.04 M |
$1.04 M |
$1.16 M |
$259,000.00 |
-$7.80 M |
-$600,000.00 |
-$9.10 M |
-$4.68 M |
$163,000.00 |
| Net Income |
-$117.84 M |
-$114.02 M |
-$38.76 M |
-$32.56 M |
-$51.39 M |
-$120.80 M |
-$103.20 M |
-$31.70 M |
$3.15 M |
-$10.03 M |
| Net Income Ratio |
-0.12 |
-0.17 |
-0.08 |
-0.13 |
-0.41 |
-0.09 |
-0.08 |
-0.03 |
0.07 |
-0.23 |
| EPS |
-0.65 |
-0.68 |
-0.24 |
-0.2 |
-0.32 |
-4.17 |
-3.57 |
-1.09 |
0.23 |
-0.83 |
| EPS Diluted |
-0.65 |
-0.68 |
-0.24 |
-0.2 |
-0.32 |
-4.17 |
-3.57 |
-1.09 |
0.22 |
-0.83 |
| Weighted Average Shares
Out |
$180.82 M
|
$167.77 M
|
$164.24 M
|
$162.65 M
|
$162.65 M
|
$28.97 M
|
$28.95 M
|
$29.20 M
|
$13.40 M
|
$12.15 M
|
| Weighted Average Shares
Out Diluted |
$180.82 M
|
$167.77 M
|
$164.24 M
|
$162.65 M
|
$162.65 M
|
$28.97 M
|
$28.95 M
|
$29.20 M
|
$14.40 M
|
$12.15 M
|
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