Form 144 Remitly Global For: 10 October
- Investing.com
Market Potential | Discover Remitly's growth prospects in the evolving remittance landscape, with analyst price targets ranging from $27 to $32 and significant room for market share expansion |
Strategic Expansion | Learn about Remitly's innovative product offerings, including Remitly One and Remitly Business, designed to increase customer engagement and expand market reach |
Financial Prowess | Delve into Remitly's robust financial health, with revenue projected to reach $1.6 billion by 2025 and EBITDA margins potentially exceeding 20% in the long term |
Digital Remittance Leade | Explore Remitly Global's dominant position in the digital remittance industry, leveraging technology to capture market share and drive impressive revenue growth |

Metrics to compare | RELY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRELYPeersSector | |
|---|---|---|---|---|
P/E Ratio | 16.7x | 20.6x | 9.3x | |
PEG Ratio | 0.01 | 0.03 | 0.03 | |
Price / Book | 4.5x | 1.7x | 1.0x | |
Price / LTM Sales | 2.8x | 1.0x | 2.9x | |
Upside (Analyst Target) | 33.1% | 40.9% | 20.1% | |
Fair Value Upside | Unlock | 34.5% | 2.9% | Unlock |
Remitly Global, Inc., a cross-border payment company 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.