← Remitly Global, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $126.6m | $257.0m | $458.6m | $653.6m | $944.3m | $1.3b | $1.6b | |
| Cost of revenue | $73.3m | $135.8m | $237.1m | $326.9m | $411.6m | $515.5m | $650.7m | |
| Marketing | $43.5m | $73.8m | $120.9m | $171.0m | $234.4m | $303.8m | $342.9m | |
| Technology and development | $32.0m | $40.8m | $64.1m | $138.7m | $219.9m | $269.8m | $313.9m | |
| General and administrative | $25.7m | $31.7m | $70.9m | $131.2m | $179.4m | $195.9m | $225.1m | |
| Depreciation and amortization | $2.7m | $4.1m | $5.3m | $6.7m | $13.1m | $18.1m | $25.0m | |
| Income (loss) from operations | ($50.6m) | ($29.2m) | ($39.7m) | ($121.0m) | ($114.2m) | ($39.1m) | $77.5m | |
| Interest income | $1.1m | $273k | $140k | $4.1m | $7.4m | $8.1m | $7.7m | |
| Income (loss) before provision for income taxes | ($51.1m) | ($31.4m) | ($37.7m) | ($113.0m) | ($111.9m) | ($30.3m) | $71.6m | |
| Provision for income taxes | $259k | $1.2m | $1.0m | $1.0m | $5.9m | $6.7m | $3.7m | |
| Net income (loss) | ($51.4m) | ($32.6m) | ($38.8m) | ($114.0m) | ($117.8m) | ($37.0m) | $67.9m | |
| Basic (in dollars per share) | ($2.41) | ($1.52) | ($0.64) | ($0.68) | ($0.65) | ($0.19) | $0.33 | |
| Diluted (in dollars per share) | ($2.41) | ($1.52) | ($0.64) | ($0.68) | ($0.65) | ($0.19) | $0.31 | |
| Interest expense | ($1.6m) | ($1.2m) | ($1.3m) | ($1.3m) | ($2.4m) | ($3.2m) | ($7.6m) | |
| Other income (expense), net | ($34k) | ($1.3m) | $3.1m | $5.2m | ($2.8m) | $4.0m | ($5.9m) | |
| Total costs and expenses | $177.2m | $286.1m | $498.3m | $774.6m | $1.1b | $1.3b | $1.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.