8-K
filed February 22, 2023, 6:59 PM ET
ticker RELY
CIK 0001782170
earnings
confidence high
sentiment positive
materiality 0.70
Remitly Q4 revenue up 41% to $191M; active customers up 48% to 4.2M; guides FY23 rev $860-880M
Remitly Global, Inc.
2022-FY EPS reported
-$0.68
revenue$653,560,000
- Q4 revenue $191.0M (+41% YoY); net loss $19.4M vs $16.6M loss prior year.
- Q4 active customers 4.2M (+48%); send volume $8.1B (+35%).
- Q4 Adjusted EBITDA $7.5M vs $(7.1)M loss prior year; first positive quarter.
- FY22 revenue $653.6M (+43%); net loss $114.0M; Adj. EBITDA $(13.6)M.
- FY23 guidance: revenue $860-880M (32-35% growth); Adj. EBITDA breakeven to $10M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Remitly Global, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $191.0 million, net income $19.4 million. Guidance initiated.
- Period
- the fourth quarter ended December 31, 2022
- Revenue
- $191.0 million
- Net income
- $19.4 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Fourth Quarter 2022 Highlights and Key Operating Data (All comparisons relative to the fourth quarter of 2021) • Active customers increased to 4.2 million, from 2.8 million, up 48%. • Send volume increased to $8.1 billion, from $6.0 billion, up 35%. • Revenue totaled $191.0 million, compared to $135.3 million, up 41%. • Net loss was $19.4 million, compared to a net loss of $16.6 million. • Adjusted EBITDA was $7.5 million, compared to $(7.1) million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Remitly Global, Inc. reported the full year ended December 31, 2022 results: revenue $653.6 million, net income $114.0 million. Guidance initiated.
- Period
- the full year ended December 31, 2022
- Revenue
- $653.6 million
- Net income
- $114.0 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Full Year 2022 Highlights and Key Operating Data: (All comparisons relative to the full year 2021) • Send volume increased to $28.6 billion, from $20.4 billion, up 40%. • Revenue totaled $653.6 million, compared to $458.6 million, up 43%. • Net loss was $114.0 million and Adjusted EBITDA was $(13.6) million.
View on SEC.gov
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