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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Customer Support and Operations

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Marketing

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Technology and Development

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General and Administrative

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Depreciation and Amortization

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Total Costs and Expenses

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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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Basic

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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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Gross Profit Margin

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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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Operating Margin

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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 Common Shareholders

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Basic EPS

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Diluted EPS

EBIT

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CapEx

Net Interest Income

Assets

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Adjusted Funds From Operations

Income Statement	Jun '25	Dec '24	Jun '24	Dec '23
Total Revenues	773.5	688.4	575.5	506.4
Total Revenues %Chg	34.4%	35.9%	31.4%	40.5%
Revenue
Cost of Sales	265.1	233.9	197.7	174.9
Transaction Expenses
Gross Profit	508.3	454.5	377.9	331.5
Gross Profit Margin	65.7%	66%	65.7%	65.5%
Selling, General & Administrative Expenses	318.4	308.3	275.3	276.3
Customer Support and Operations
Marketing
General and Administrative
Depreciation & Amortization Expenses	11.7	10.5	7.6	6.9
Depreciation and Amortization
Research & Development Expenses	151.3	139.1	130.8	116.3
Technology and Development
Operating Profit	26.9	-3.4	-35.7	-67.9
Income from Operations
Operating Margin	3.5%	-0.5%	-6.2%	-13.4%
Interest and Investment Income	3.8	3.9	4.2	4.1
Interest Income
Interest Expense	-2.9	-1.7	-1.5	-1.4
Interest Expense
Non-Operating Income	-4.7	-0.2	4.2	0.2
Other Income, Net
Total Non-Operating Income	-3.8	2	6.8	2.9
Income Before Provision for Income Taxes	23.1	-1.4	-28.9	-65
Income Before Provision for Income Taxes
Provision for Income Taxes	5.2	2.4	4.3	5.7
Provision for Income Taxes
Consolidated Net Income	17.9	-3.8	-33.2	-70.7
Net Income
Net Income Attributable to Common Shareholders	17.9	-3.8	-33.2	-70.7
Net Loss Attributable to Common Stockholders
Basic EPS	0.1	-0	-0.2	-0.4
Diluted EPS	0.1	-0	-0.2	-0.4
Basic Weighted Average Shares Outstanding	203.2	197.6	191.7	184.5
Total Shares Outstanding	206.1	200.5	195.1	188.4
Diluted Weighted Average Shares Outstanding	218.7	197.6	191.7	184.5
EBITDA	38.6	7.1	-28.1	-61
Effective Tax Rate	22.4%	-178.3%	-14.8%	-8.7%