For the year ending 2025-12-31, RELY had $174,482K increase in cash & cash equivalents over the period. $295,651K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 1,635,147 | 1,263,963 | - | - |
| Cost of revenue-Transaction Expenses | 549,480 | 431,604 | - | - |
| Cost of revenue-Customer Support And Operations Adjusted | 99,651 | 82,760 | - | - |
| Marketing, excluding stock-based compensation expense and advertising expense | 70,528 | 60,750 | - | - |
| Technology and development, excluding stock-based compensation expense | 220,749 | 185,436 | - | - |
| General and administrative, excluding stock-based compensation expense | 182,019 | 146,868 | - | - |
| Advertising expense | 255,104 | 225,440 | - | - |
| Stock-based compensation expense, net | 155,114 | 152,137 | - | - |
| Depreciation and amortization | 25,034 | 18,054 | - | - |
| Interest income | 7,699 | 8,077 | - | - |
| Interest expense | 7,612 | 3,241 | - | - |
| Provision for income taxes | 3,695 | 6,727 | - | - |
| Other segment income (expense), net | 5,927 | -3,999 | - | - |
| Net income (loss) | 67,933 | -36,978 | -117,840 | -114,019 |
| Depreciation and amortization | - | 18,054 | 13,118 | 6,724 |
| Depreciation, amortization, and other | 46,761 | - | - | - |
| Stock-based compensation expense, net | 155,114 | 152,137 | 136,967 | 95,293 |
| Donation of common stock | 3,336 | 2,587 | 4,600 | 1,972 |
| Other | - | -454 | -713 | -356 |
| Disbursement prefunding | - | 93,086 | 31,778 | 38,428 |
| Customer funds receivable | - | -186,357 | 183,422 | 126,942 |
| Prepaid expenses and other assets | 2,477 | 12,224 | 13,035 | 4,598 |
| Operating lease right-of-use assets | -5,467 | -5,981 | -5,186 | -3,763 |
| Accounts payable | 10,058 | -20,823 | 27,559 | 5,535 |
| Customer liabilities | - | 12,666 | 61,718 | 42,979 |
| Accrued expenses and other liabilities | 23,840 | -14,499 | 47,357 | 26,298 |
| Operating lease liabilities | 15,050 | -6,141 | -4,733 | -4,073 |
| Net cash provided by operating activities | 325,082 | 194,485 | -53,590 | -105,140 |
| Purchases of property and equipment | 29,431 | 5,998 | 2,857 | 3,679 |
| Capitalized internal-use software costs | 12,389 | 11,704 | 6,247 | 3,382 |
| Net collections (originations) from consumer receivables | -28,114 | - | - | - |
| Cash paid for acquisition, net of acquired cash, cash equivalents, and restricted cash | 0 | 0 | 40,933 | 248 |
| Net cash used in investing activities | -69,934 | -17,702 | -50,037 | -7,309 |
| Repayment of assumed indebtedness | - | - | 17,068 | 384 |
| Proceeds from issuance of common stock upon initial public offering and private placements, net of offering costs, underwriting discounts and commissions | - | - | 0 | 0 |
| Repayment of non-recourse promissory note | - | - | 0 | 0 |
| Proceeds from issuance of series e and f convertible preferred stock, net of issuance costs | - | - | 0 | 0 |
| Proceeds from exercise of stock options | 6,662 | 8,667 | 14,288 | 11,554 |
| Proceeds from issuance of common stock in connection with espp | 11,147 | 9,382 | 6,132 | - |
| Cash paid for repurchase of common stock | 23,894 | - | - | - |
| Proceeds from revolving credit facility borrowings | 6,811,000 | 1,453,000 | 764,000 | - |
| Proceeds from (repayments of) revolving credit facility borrowings, net | - | - | - | 0 |
| Repayments of revolving credit facility borrowings | 6,656,000 | 1,583,000 | 634,000 | - |
| Taxes paid related to net share settlement of equity awards | 26,909 | 5,228 | 6,702 | 99 |
| Net change in customer funds assets and liabilities | 208,708 | - | - | - |
| Cash paid for settlement of amounts previously held back for acquisition consideration | 0 | 10,261 | - | - |
| Payment of debt issuance costs | 3,078 | - | 0 | 0 |
| Repayment of assumed indebtedness | 0 | 0 | - | - |
| Net cash (used in) provided by financing activities | -89,780 | -127,440 | 126,650 | 11,071 |
| Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash | 9,114 | -4,555 | 1,272 | -1,201 |
| Net increase in cash, cash equivalents, and restricted cash | 174,482 | 44,788 | 24,295 | -102,579 |
| Cash and cash equivalents at beginning of period | 369,817 | 325,029 | 300,734 | 403,313 |
| Cash and cash equivalents at end of period | 544,299 | 369,817 | 325,029 | 300,734 |
Remitly Global, Inc. (RELY)
Remitly Global, Inc. (RELY)