Part 2: Deep dive on Remitly ($RELY)
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Company: Remitly
Ticker: (RELY)
Website: Remitly.com [click here]
IPO date: September 23, 2021 (traditional IPO)
IPO price: $43.00
Current stock price: $18.37
Outstanding shares: 175.1 million
52 week high: $18.56 on May 04, 2023
52 week low: $6.66 on May 12, 2022
ATH: $53.65 on September 23, 2021
Market cap: $3.216 billion
Net cash/debt: +$227 million
Enterprise value: $2.989 billion
Headquarters: Seattle, Washington, United States
Number of employees: 2,700+
Average price target from analysts: $21.60
Next earnings report for Q2 2023: TBD
Investor Relations [click here]
Q1 2023 Earnings Report [click here]
Q1 2023 Earnings Call Transcript [click here]
Q1 2023 Earnings Call Presentation [click here]
Outline
Introduction [part 1]
Company Background [part 1]
Opportunity [part 1]
Business Model [part 1]
Competitive Advantages [part 1]
Risks [part 1]
Valuation [part 2]
Investment Model [part 2]
Analysts [part 2]
Technicals [part 2]
Conclusion [part 2]
Additional Sources [part 2]
In case you missed part 1 of the Remitly (RELY) writeup…
