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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.
2018
2.8K+
LTM Revenue $1.4B
LTM EBITDA $171M
$3.6B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Remitly Global has a last 12-month revenue (LTM) of $1.4B and a last 12-month EBITDA of $171M.
In the most recent fiscal year, Remitly Global achieved revenue of $1.3B and an EBITDA of -$9.0M.
Remitly Global expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Remitly Global valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | XXX | $1.3B | XXX | XXX | XXX |
| Gross Profit | $934M | XXX | $748M | XXX | XXX | XXX |
| Gross Margin | 66% | XXX | 59% | XXX | XXX | XXX |
| EBITDA | $171M | XXX | -$9.0M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | -1% | XXX | XXX | XXX |
| EBIT | -$11.6M | XXX | -$39.1M | XXX | XXX | XXX |
| EBIT Margin | -1% | XXX | -3% | XXX | XXX | XXX |
| Net Profit | -$10.2M | XXX | -$37.0M | XXX | XXX | XXX |
| Net Margin | -1% | XXX | -3% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of June 24, 2025, Remitly Global's stock price is $20.
Remitly Global has current market cap of $4.1B, and EV of $3.6B.
See Remitly Global trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3.6B | $4.1B | XXX | XXX | XXX | XXX | $0.69 |
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Start Free TrialAs of June 24, 2025, Remitly Global has market cap of $4.1B and EV of $3.6B.
Remitly Global's trades at 2.8x EV/Revenue multiple, and -399.7x EV/EBITDA.
Equity research analysts estimate Remitly Global's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Remitly Global has a P/E ratio of -396.4x.
See valuation multiples for Remitly Global and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4.1B | XXX | $4.1B | XXX | XXX | XXX |
| EV (current) | $3.6B | XXX | $3.6B | XXX | XXX | XXX |
| EV/Revenue | 2.5x | XXX | 2.8x | XXX | XXX | XXX |
| EV/EBITDA | 21.0x | XXX | -399.7x | XXX | XXX | XXX |
| EV/EBIT | -308.3x | XXX | -91.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.8x | XXX | n/a | XXX | XXX | XXX |
| P/E | -396.4x | XXX | -109.6x | XXX | XXX | XXX |
| EV/FCF | 20.1x | XXX | 20.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialRemitly Global's last 12 month revenue growth is 23%
Remitly Global's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.3M for the same period.
Remitly Global's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Remitly Global's rule of X is 69% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Remitly Global and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | -1% | XXX | XXX | XXX |
| EBITDA Growth | 43% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | 12% | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 69% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 24% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 21% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 62% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Ease2pay | XXX | XXX | XXX | XXX | XXX | XXX |
| OFX Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Al Ansari Financial Servs | XXX | XXX | XXX | XXX | XXX | XXX |
| GalaxiaMoneytree | XXX | XXX | XXX | XXX | XXX | XXX |
| Finseta | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Remitly Global acquired XXX companies to date.
Last acquisition by Remitly Global was XXXXXXXX, XXXXX XXXXX XXXXXX . Remitly Global acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Remitly Global founded? | Remitly Global was founded in 2018. |
| Where is Remitly Global headquartered? | Remitly Global is headquartered in United States of America. |
| How many employees does Remitly Global have? | As of today, Remitly Global has 2.8K+ employees. |
| Who is the CEO of Remitly Global? | Remitly Global's CEO is Mr. Matthew Oppenheimer. |
| Is Remitly Global publicy listed? | Yes, Remitly Global is a public company listed on NAS. |
| What is the stock symbol of Remitly Global? | Remitly Global trades under RELY ticker. |
| When did Remitly Global go public? | Remitly Global went public in 2021. |
| Who are competitors of Remitly Global? | Similar companies to Remitly Global include e.g. Ease2pay, OFX Group, Al Ansari Financial Servs, GalaxiaMoneytree. |
| What is the current market cap of Remitly Global? | Remitly Global's current market cap is $4.1B |
| What is the current revenue of Remitly Global? | Remitly Global's last 12 months revenue is $1.4B. |
| What is the current revenue growth of Remitly Global? | Remitly Global revenue growth (NTM/LTM) is 23%. |
| What is the current EV/Revenue multiple of Remitly Global? | Current revenue multiple of Remitly Global is 2.5x. |
| Is Remitly Global profitable? | Yes, Remitly Global is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Remitly Global? | Remitly Global's last 12 months EBITDA is $171M. |
| What is Remitly Global's EBITDA margin? | Remitly Global's last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Remitly Global? | Current EBITDA multiple of Remitly Global is 21.0x. |
| What is the current FCF of Remitly Global? | Remitly Global's last 12 months FCF is $178M. |
| What is Remitly Global's FCF margin? | Remitly Global's last 12 months FCF margin is 13%. |
| What is the current EV/FCF multiple of Remitly Global? | Current FCF multiple of Remitly Global is 20.1x. |
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