Revenue Breakdown
Composition ()
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Revenue Streams
Profitability & Margins
Evaluating the bottom line, Remitly Global Inc maintains a gross margin of 66.62%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 11.87%, while the net margin is 10.83%. These profitability ratios, combined with a Return on Equity (ROE) of 12.95%, 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 G and WEX. With a market capitalization of $5.08B, it holds a significant position in the sector. When comparing efficiency, RELY's gross margin of 66.62% stands against G's 36.15% and WEX's 55.46%. Such benchmarking helps identify whether Remitly Global Inc is trading at a premium or discount relative to its financial performance.
