Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.

Remitly Global, Inc.

Revenue

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Transaction Expenses

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Marketing

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Technology and Development

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Income from Operations

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Interest Income

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Other Income, Net

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Income Before Provision for Income Taxes

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Provision for Income Taxes

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Net Loss Attributable to Common Stockholders

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Net Income

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Deemed Dividend on Redeemable Convertible Preferred Stock

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Diluted

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Total Revenues

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Cost of Sales

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Gross Profit

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Selling, General & Administrative Expenses

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Depreciation & Amortization Expenses

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Research & Development Expenses

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Operating Profit

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Interest and Investment Income

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Non-Operating Income

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Total Non-Operating Income

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Consolidated Net Income

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Net Income Attributable to Preferred Dividends

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EBIT

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Assets

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Income Statement	LTM
Total Revenues	1,544.9
Total Revenues %Chg	31.3%
Revenue
Cost of Sales	530.3
Transaction Expenses
Gross Profit	1,014.6
Gross Profit Margin	65.7%
Selling, General & Administrative Expenses	653.3
Customer Support and Operations
Marketing
General and Administrative
Depreciation & Amortization Expenses	24
Depreciation and Amortization
Research & Development Expenses	302.4
Technology and Development
Operating Profit	34.9
Income from Operations
Operating Margin	2.3%
Interest and Investment Income	7.8
Interest Income
Interest Expense	-6
Interest Expense
Non-Operating Income	-6.3
Other Income, Net
Total Non-Operating Income	-4.6
Income Before Provision for Income Taxes	30.3
Income Before Provision for Income Taxes
Provision for Income Taxes	9.4
Provision for Income Taxes
Consolidated Net Income	21
Net Income
Net Income Attributable to Preferred Dividends	—
Deemed Dividend on Redeemable Convertible Preferred Stock
Net Income Attributable to Common Shareholders	21
Net Loss Attributable to Common Stockholders
Basic EPS	0.1
Diluted EPS	0.1
Basic Weighted Average Shares Outstanding	203.2
Total Shares Outstanding	209
Diluted Weighted Average Shares Outstanding	213.4
EBITDA	53
Effective Tax Rate	30.8%