Remitly Q1 revenue $136M (+49% YoY), raises FY22 guidance; CFO Morgan to depart

Remitly Global, Inc.

Revenue $136.0M (+49% YoY); active customers 3.0M (+42%); send volume $6.1B (+43%).
Net loss $23.3M vs $7.8M; adjusted EBITDA -$12.1M vs -$5.8M.
FY2022 revenue guidance raised to $610-620M (prev $605-615M); adj. EBITDA guidance -$40M to -$30M.
CFO Susanna Morgan to leave later 2022; will continue in role until successor found and through Sep 30, 2022.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Susanna Morgan

Chief Financial Officer

RELY · Remitly Global, Inc.

Filed: May 5, 2022, 7:59 PM ET

On May 5, 2022, Remitly Global, Inc. (the “Company”) announced that Susanna Morgan, its Chief Financial Officer (the “CFO”), will be leaving her position with the Company later this year.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Susanna Morgan resigned as Chief Financial Officer at Remitly Global, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On May 5, 2022, Remitly Global, Inc. (the “Company”) announced that Susanna Morgan, its Chief Financial Officer (the “CFO”), will be leaving her position with the Company later this year.

View on SEC.gov

Remitly Global, Inc. filing history →

Source: SEC EDGAR

accession 0001782170-22-000074

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.