---
schema_version: "secwatch.filing_event.v1"
accession: "0001782170-24-000121"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:08:17.090098+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Remitly Q1 revenue $269.1M (+32% YoY); raises FY 2024 Adj. EBITDA guidance to $85-95M

## Summary
- Active customers 6.2M (+36% YoY); send volume $11.5B (+34% YoY).
- Net loss improved to $21.1M from $28.3M; Adjusted EBITDA $19.3M vs $5.4M.
- FY 2024 revenue guidance $1,225-1,250M (30-32% growth); Adj. EBITDA raised to $85-95M.
- CEO cited resilient customer base and improved profitability as momentum drivers.

## SEC filing metadata
- accession: 0001782170-24-000121
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000178217024000121/0001782170-24-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000178217024000121/rely-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001782170-24-000121
- JSON: https://secwatch.observer/filing/0001782170-24-000121.json
- Plain text: https://secwatch.observer/filing/0001782170-24-000121.txt

## Key facts
- Earnings Releases
  Remitly Global, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $269.1 million, net income $21.1 million. Guidance raised.
  - Period: the fiscal quarter ended March 31, 2024
  - Revenue: $269.1 million
  - Net income: $21.1 million
  - Guidance: raised
  - Result: reported results
  source text: quarter of 2023) • Active customers increased to 6.2 million, from 4.6 million, up 36%. • Send volume increased to $11.5 billion, from $8.5 billion, up 34%. • Revenue totaled $269.1 million, compared to $203.9 million, up 32%. • Net loss was $21.1 million, compared to $28.3 million. • Adjusted EBITDA was $19.3 million, compared to $5.4 million. 2024 Financial
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000178217024000121/0001782170-24-000121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.