Remitly Q4 revenue $351.9M (+33% YoY), active customers 7.8M (+32%); guides FY2025 revenue $1.565-1.580B

Remitly Global, Inc.

2024-FY EPS reported -$0.19 revenue$1,263,963,000

Q4 revenue $351.9M (+33% YoY); full year revenue $1,264.0M (+34% YoY).
Q4 net loss narrowed to $5.7M from $35.0M; Adjusted EBITDA $43.7M (up 434%).
Active customers 7.8M (+32%); send volume Q4 $15.4B (+39%).
FY2025 guidance: revenue $1.565-1.580B (24-25% growth); Adjusted EBITDA $180-200M.
Expects GAAP net income positive for FY2025; Q1 revenue $345-348M, Adj. EBITDA $36-40M.

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