Remitly Global, Inc.'s (NASDAQ:RELY) Profit Outlook [Yahoo! Finance]
Remitly Global, Inc. (RELY)
US:NASDAQ Investor Relations:
realindustryinc.com
Company Research
Source: Yahoo! Finance
Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. With the latest financial year loss of US$118m and a trailing-twelve-month loss of US$111m, the US$2.3b market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which Remitly Global will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. Check out our latest analysis for Remitly Global According to the 9 industry analysts covering Remitly Global, the consensus is that breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of US$64m in 2026. Therefore, the company is expected to breakeven roughly 2 years from today. How fast will the company have
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RELY
News
- Shareholders Of Remitly Global Inc Are Encouraged To Initiate Contact As The Schall Law Firm Is Probing Allegations Against ItAccesswire
- Shareholders Of Remitly Global Inc Are Encouraged To Initiate Contact As The Schall Law Firm Is Probing Allegations Against ItAccesswire
- Shareholders Of Remitly Global Inc Are Urged To Establish Communication As The Schall Law Firm Is Investigating Claims Against ItAccesswire
- Shareholders Of Remitly Global Inc Are Encouraged To Initiate Contact As The Schall Law Firm Is Probing Allegations Against ItAccesswire
- Remitly Global Inc Shareholders Are Urged To Establish Communication As The Schall Law Firm Is Investigating Claims Against ItAccesswire
RELY
Earnings
- 5/1/24 - Beat
RELY
Sec Filings
- 6/18/24 - Form 8-K
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- RELY's page on the SEC website