Remitly Global (RELY) Income Statement: Revenue & Earnings

Remitly Global Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Remitly Global, Inc. income statement - Annual data in billions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	1.26	0.94	0.65	0.46	0.26
Cost of Revenue	0.52	0.41	0.33	0.19	0.14
Gross Profit	0.75	0.53	0.33	0.27	0.12
Operating Expenses
Research & Development	0.27	0.22	0.14	0.06	0.04
Selling, General & Administrative	0.50	0.41	0.30	0.19	0.11
Operating Expenses	0.79	0.65	0.45	0.26	0.15
Operating Income	-0.04	-0.11	-0.12	-0.04	-0.03
Other Income/Expense
Interest Income	0.01	0.01	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	0.01	0.00	0.01	0.00	0.00
Income
Income Before Tax	-0.03	-0.11	-0.11	-0.04	-0.03
Income Tax Expense	0.01	0.01	0.00	0.00	0.00
Net Income	-0.04	-0.12	-0.11	-0.04	-0.03
Net Income - Continuous Operations	-0.04	-0.12	-0.11	-0.04	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-0.01	-0.10	-0.10	-0.03	-0.03
EBIT	-0.03	-0.11	-0.11	-0.04	-0.03
Depreciation & Amortization	0.02	0.01	0.01	0.01	0.00
Earnings Per Share
Basic EPS	-	-1.00	-1.00	-1.00	-2.00
Diluted EPS	-	-1.00	-1.00	-1.00	-2.00
Basic Shares Outstanding	0.19	0.18	0.17	0.06	0.02
Diluted Shares Outstanding	0.19	0.18	0.17	0.06	0.02