Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Digital Remittance Pionee | Remitly Global, Inc. leads the digital remittance revolution with innovative cross-border money transfer solutions, capturing 3% of the global market |
Financial Momentum | Explore Remitly's impressive Q4 2024 results, showcasing 33% revenue growth and EBITDA margins doubling management's guidance |
Growth Trajectory | Analysts project a 20%+ CAGR for Remitly over the next five years, driven by digital shift in remittances and expansion into new markets |
Valuation Insights | With an average price target of $29.60, Remitly's stock appears undervalued, presenting potential upside for investors in the fintech secto |
Metrics to compare | RELY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRELYPeersSector | |
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P/E Ratio | 271.3x | 8.9x | 9.7x | |
PEG Ratio | 2.43 | 0.03 | 0.03 | |
Price/Book | 5.0x | 3.0x | 1.0x | |
Price / LTM Sales | 2.6x | 4.6x | 2.9x | |
Upside (Analyst Target) | 51.5% | 9.9% | 10.4% | |
Fair Value Upside | Unlock | 8.1% | 0.9% | Unlock |