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 LB and LOPE. With a market capitalization of $5.06B, it holds a leading position in the sector. When comparing efficiency, RELY's gross margin of 66.62% stands against LB's 90.55% and LOPE's 54.98%. Such benchmarking helps identify whether Remitly Global Inc is trading at a premium or discount relative to its financial performance.
