Digital Remittance Pionee | Remitly Global, Inc. leads the digital remittance revolution with innovative cross-border money transfer solutions, capturing 3% of the global market |
Financial Momentum | Explore Remitly's impressive Q4 2024 results, showcasing 33% revenue growth and EBITDA margins doubling management's guidance |
Growth Trajectory | Analysts project a 20%+ CAGR for Remitly over the next five years, driven by digital shift in remittances and expansion into new markets |
Valuation Insights | With an average price target of $29.60, Remitly's stock appears undervalued, presenting potential upside for investors in the fintech secto |
Metrics to compare | RELY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRELYPeersSector | |
|---|---|---|---|---|
P/E Ratio | 43.0x | 13.2x | 9.7x | |
PEG Ratio | 0.02 | 0.00 | 0.03 | |
Price/Book | 5.0x | 1.8x | 1.0x | |
Price / LTM Sales | 2.6x | 0.9x | 2.8x | |
Upside (Analyst Target) | 30.4% | 44.2% | 18.3% | |
Fair Value Upside | Unlock | 41.1% | 1.9% | Unlock |
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.