Company Analysis

Remitly Global, Inc. (RELY)

Nasdaq: RELY · Services-Business Services, NEC · Seattle, WA · filing with the SEC since 2019
Grade6.0
◀ Past 5.7● Present 5.1▶ Future 6.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 18, 2026Feb 19, 2025Feb 23, 2024Feb 28, 2023Mar 29, 2022··
Revenue1,635,1471,263,963944,285653,560458,605256,956126,567
Research and development313,907269,817219,939138,71964,09340,77732,008
General and administrative225,129195,857179,372131,25070,94131,65625,658
Total costs and expenses1,557,6791,303,0491,058,480774,596498,327286,139177,169
Operating income77,468-39,086-114,195-121,036-39,722-29,183-50,602
Interest expense7,6123,2412,3521,3021,2561,1891,608
Interest and investment income7,6998,0777,4474,1491402731,111
Other income (expense), net-5,9273,999-2,8385,2133,125-1,302-34
Income before income taxes71,628-30,251-111,938-112,976-37,713-31,401-51,133
Income tax expense3,6956,7275,9021,0431,0431,163259
Net income67,933-36,978-117,840-114,019-38,756-32,564-51,392
Net income to common shareholders····-38,756-32,564-63,526
Earnings per share, basic0.33-0.19-0.65-0.68-0.64-1.52-2.98
Earnings per share, diluted0.31-0.19-0.65-0.68-0.64-1.52-2.98
Weighted average shares, basic205,833,196194,646,436180,818,399167,774,12360,728,74821,459,06221,290,784
Weighted average shares, diluted217,569,896194,646,436180,818,399167,774,12360,728,74821,459,06221,290,784
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton RELY · research, not advice