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Remitly Global, Inc. (RELY)

For the quarter ending 2025-06-30, RELY made $411,852K in revenue. $6,536K in net income. Net profit margin of 1.59%.

Overview

Revenue
$411,852K
Net Income
$6,536K
Net Profit Margin
1.59%
EPS
$0.03
Unit: Thousand (K) dollars
Revenue Breakdown
    • US
    • Rest Of World
    • CA

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue411,852 361,624 336,527 306,423
Technology and development77,496 73,851 68,446 67,554
Marketing84,976 73,349 74,792 77,056
General and administrative59,581 52,829 50,920 45,889
Depreciation and amortization6,326 5,396 4,655 3,907
Cost of revenue-Transaction Expenses143,756 121,393 115,554 107,780
Cost of revenue-Customer Support And Operations25,074 22,573 21,792 19,999
Total costs and expenses397,209 349,391 336,159 322,185
Income (loss) from operations14,643 12,233 368 -15,762
Interest income2,061 1,787 2,065 1,942
Interest expense1,650 1,299 - -
Other (expense) income, net-6,940 2,221 2,094 5,764
Interest expense- - 760 745
Income (loss) before provision for income taxes8,114 14,942 3,767 -8,801
Provision for income taxes1,578 3,590 1,850 3,290
Net income (loss)6,536 11,352 1,917 -12,091
Basic (in dollars per share)0.03 0.06 0.01 -0.06
Basic (in shares)204,693,035 201,744,601 196,169,417 193,452,628
Diluted (in dollars per share)0.03 0.05 0.01 -0.06
Diluted (in shares)218,977,561 218,414,823 205,251,546 193,452,628
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
CA$41,858K (20.59%↑ Y/Y)US$272,427K (34.94%↑ Y/Y)Rest Of World$97,567K (39.72%↑ Y/Y)Revenue$411,852K (34.41%↑ Y/Y)Interest income$2,061K (6.13%↑ Y/Y)Income (loss) fromoperations$14,643K (192.90%↑ Y/Y)Total costs andexpenses$397,209K (23.29%↑ Y/Y)Income (loss) beforeprovision for income taxes$8,114K (192.19%↑ Y/Y)Interest expense$1,650K Other (expense)income, net-$6,940K (-220.40%↓ Y/Y)Cost ofrevenue-Customer Support And...$25,074K (25.38%↑ Y/Y)Cost ofrevenue-Transaction Expenses$143,756K (33.38%↑ Y/Y)Depreciation andamortization$6,326K (61.91%↑ Y/Y)General andadministrative$59,581K (29.84%↑ Y/Y)Marketing$84,976K (10.28%↑ Y/Y)Technology and development$77,496K (14.72%↑ Y/Y)Net income (loss)$6,536K (154.06%↑ Y/Y)Provision for income taxes$1,578K (-52.04%↓ Y/Y)