Added to YB: 2025-01-10
Pitch date: 2024-11-25
RELY [bullish]
Remitly Global, Inc.
+6.89%
current return
Author Info
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Company Info
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$4.8B
Pitch Price
$20.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.75
P/E
73.52
EV/Sales
2.72
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)