Added to YB: 2025-12-16
Pitch date: 2025-12-12
RELY [bullish]
Remitly Global, Inc.
-1.02%
current return
Author Info
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Company Info
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$3.1B
Pitch Price
$14.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.64
P/E
155.44
EV/Sales
1.70
Sector
Financial Services
Category
growth
Show full summary:
The Remitly Bear Case Just Died in New York
RELY: Digital remittance leader w/ 3% market share, 35% CAGR vs 7% market growth. 30% marginal EBITDA margins expected vs current 15%. New products (Flex/Wallet) driving 2x profitability, 5-10% rev by 2028. 6x LTV/CAC ratio, improving customer retention. 2028 FCF yield 17%, trading cheap despite strong fundamentals.
Read full article (8 min)