Remitly Global (Remitly Global) EV-to-Revenue : 3.44 (As of May. 01, 2024)

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What is Remitly Global EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Remitly Global's enterprise value is $3,250.4 Mil. Remitly Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $944.3 Mil. Therefore, Remitly Global's EV-to-Revenue for today is 3.44.

The historical rank and industry rank for Remitly Global's EV-to-Revenue or its related term are showing as below:

RELY' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.43 Med: 3.16 Max: 20.73
Current: 3.43

During the past 5 years, the highest EV-to-Revenue of Remitly Global was 20.73. The lowest was 0.43. And the median was 3.16.

RELY's EV-to-Revenue is ranked worse than
63.14% of 2773 companies
in the Software industry
Industry Median: 2.22 vs RELY: 3.43

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-01), Remitly Global's stock price is $17.35. Remitly Global's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.21. Therefore, Remitly Global's PS Ratio for today is 3.33.

Remitly Global EV-to-Revenue Historical Data

The historical data trend for Remitly Global's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Remitly Global EV-to-Revenue Chart

Remitly Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-Revenue

6.52

2.59

3.68

Remitly Global Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-Revenue	Get a 7-Day Free Trial											2.59	3.86	4.05	5.12	3.68

Competitive Comparison of Remitly Global's EV-to-Revenue

For the Software - Infrastructure subindustry, Remitly Global's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Remitly Global's EV-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Remitly Global's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Remitly Global's EV-to-Revenue falls into.

Remitly Global EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Remitly Global's EV-to-Revenue for today is calculated as:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	3250.446	/	944.285
	=	3.44

Remitly Global's current Enterprise Value is $3,250.4 Mil.
Remitly Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $944.3 Mil.

Remitly Global (NAS:RELY) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Remitly Global's PS Ratiofor today is calculated as:

PS Ratio	=	Share Price (Today)	/	Revenue per Share (TTM)
	=	17.35	/	5.214
	=	3.33

Remitly Global's share price for today is $17.35.
Remitly Global's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.21.

Remitly Global EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Remitly Global's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Remitly Global (Remitly Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Remitly Global Inc (NAS:RELY) » Definitions » EV-to-Revenue

Comparable Companies

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Traded in Other Exchanges

N/A

Address

1111 Third Avenue, Suite 2100, Seattle, WA, USA, 98101

Website

https://www.remitly.com

Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.

Executives

Rene Yoakum	officer: EVP, Customer and Culture	C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101
Bora Chung	director	C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Matthew B. Oppenheimer	director, officer: Chief Executive Officer	1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Hemanth Munipalli	officer: Chief Financial Officer	C/O REMITLY GLOBAL, INC., 1111 THIRD AVENUE, SUITE 2100, SEATTLE WA 98101
Joshua Hug	director, officer: Chief Operating Officer	1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Ankur Sinha	officer: Chief Technology Officer	C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101
Nigel W Morris	director	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Gail A Miller	officer: Chief Accounting Officer	C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE, WA 98101
Phyllis J Campbell	director	C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Ryno Blignaut	director	C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Stripes Holdings, Llc	10 percent owner	402 WEST 13TH ST., 4TH FLOOR, NEW YORK NY 10014
Stripes Iii, Lp	10 percent owner	402 WEST 13TH STREET, 4TH FLOOR, NEW YORK NY 10014
Stripes Gp Iii, Llc	10 percent owner	402 WEST 13TH STREET, NEW YORK NY 10014
Kenneth A Fox	10 percent owner
William Kazuo Bryant	director	1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101