Added to YB: 2025-01-10
Pitch date: 2024-11-25
RELY [bullish]
Remitly Global, Inc.
-27.4%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$3.2B
Pitch Price
$20.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
47.75
P/E
161.60
EV/Sales
1.78
Sector
Financial Services
Category
growth
Show full summary:
Remitly Global, Inc. - $RELY
RELY: Digital remittance co, 8M+ users, $52B+ send volume, 2-2.5% market share. 90% retention, 6x LTV/CAC. Margins inflecting, potential $2-3 FCF/share by decade end. Risks: pre-FCF, high SBC, Trump impact on immigrants. Catalysts: execution, growth, margin expansion. 20x-25x 2028 FCF potential.
Read full article (5 min)