Remitly Q4 2021 revenue $135.3M (+69% YoY); FY rev $458.6M; guides FY22 rev $605-615M

Remitly Global, Inc.

Q4 active customers 2.8M (+50% YoY); send volume $6.0B (+64%); revenue $135.3M (+69%); net loss $16.6M vs $9.0M.
Full year 2021: send volume $20.4B (+70%); revenue $458.6M (+78%); net loss $38.8M vs $32.6M.
Adjusted EBITDA Q4 -$7.1M (vs -$6.2M); FY -$10.5M (improved from -$19.9M in 2020).
FY2022 outlook: revenue $605-615M (32-34% growth); Adjusted EBITDA ($40)M-($30)M.
Average revenue per active customer $47.69 (+13% YoY).

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