Revenue Breakdown
Composition ()
No data
Revenue Streams
Profitability & Margins
Evaluating the bottom line, Remitly Global Inc maintains a gross margin of 67.34%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 8.78%, while the net margin is 9.32%. These profitability ratios, combined with a Return on Equity (ROE) of 8.86%, provide a clear picture of how effectively RELY converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, RELY competes directly with industry leaders such as PAGS and PAY. With a market capitalization of $3.70B, it holds a leading position in the sector. When comparing efficiency, RELY's gross margin of 67.34% stands against PAGS's 53.08% and PAY's 25.42%. Such benchmarking helps identify whether Remitly Global Inc is trading at a premium or discount relative to its financial performance.
