secwatch.observer — SEC 8-K summary
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Issuer:     Remitly Global, Inc. (RELY)
CIK:        0001782170
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001782170-22-000074
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782170/000178217022000074/0001782170-22-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782170/000178217022000074/rely-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001782170-22-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer