Remitly Global, Inc. (RELY) on Decifer

Decifer ranks RELY number 152 of 269 tracked names on durable business quality.

Why it ranks here

• Sales are growing about 29% a year, faster than 79 in 100 companies we measure.
• It keeps about 17 cents of every sales dollar as cash, safer than 78 in 100 companies we measure.
• It earns about 7% a year on the money put into the business, better than 40 in 100 companies we measure.
• It costs about 17 times its yearly profit; the middle of its industry is 35. Cheaper than 88 in 100 companies we measure, against their own industries.

The current read

The evidence on RELY lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Digital Payments: Consumer and commercial payment volume is migrating structurally to digital rails, with cross-border e-commerce and emerging-market card penetration compounding double-digit annual growth.

Read the full RELY research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.