Remitly Global, Inc.RELY

Market cap

$2.9B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	403	301	324	368
Disbursement prefunding	-	-	196	289
Settlement Assets, Current	67	191	379	194
Prepaid expenses and other current assets	17	19	33	47
Total current assets	608	669	932	898
Property and equipment, net	9	12	16	32
Operating lease right-of-use assets	5	9	10	13
Goodwill	-	-	55	55
Intangible assets, net	-	-	17	10
Other Assets, Noncurrent	4	6	7	5
Total assets	626	696	1,036	1,013
Accounts payable	1	7	35	16
Customer liabilities	70	111	177	189
Short-term debt	-	-	2	2
Accrued Liabilities, Current	67	88	146	117
Operating lease liabilities	3	4	6	5
Total current liabilities	142	209	367	329
Operating Lease, Liability, Noncurrent	3	6	4	9
Long-term debt	-	-	130	-
Other noncurrent liabilities	1	1	6	9
Total liabilities	145	216	507	347
Common Stock, Value, Issued	0	0	0	0
Additional paid-in capital	740	854	1,020	1,195
Accumulated other comprehensive (loss) income	0	-1	0	-2
Accumulated deficit	-259	-373	-491	-528
Total stockholders’ equity	480	480	529	665
Total liabilities and stockholders’ equity	626	696	1,036	1,013