Remitly Global Inc
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Remitly Global Inc (RELY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.002x
Based on the latest financial reports, Remitly Global Inc (RELY) has a cash flow conversion efficiency ratio of 0.002x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.37 Million) by net assets ($797.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Remitly Global Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Remitly Global Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Remitly Global Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Remitly Global Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ventia Services Group Ltd
AU:VNT
|
0.348x |
|
DiGi.Com Bhd
KLSE:6947
|
0.060x |
|
IGO Limited
PINK:IIDDY
|
-0.003x |
|
COWAY Co. Ltd
KO:021240
|
0.003x |
|
Acadia Realty Trust
NYSE:AKR
|
0.013x |
|
Blue Star Limited
NSE:BLUESTARCO
|
-0.233x |
|
Mercury NZ Limited
PINK:MGHTF
|
0.052x |
|
Infrastrutture Wireless Italiane S.p.A
PINK:IFSUF
|
0.105x |
Annual Cash Flow Conversion Efficiency for Remitly Global Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of Remitly Global Inc from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $665.47 Million | $194.49 Million | 0.292x | +388.67% |
| 2023-12-31 | $529.34 Million | $-53.59 Million | -0.101x | +55.27% |
| 2022-12-31 | $480.09 Million | $-108.66 Million | -0.226x | -491.11% |
| 2021-12-31 | $480.33 Million | $-18.39 Million | -0.038x | +94.09% |
| 2020-12-31 | $176.38 Million | $-114.21 Million | -0.648x | -991.08% |
| 2019-12-31 | $116.08 Million | $8.44 Million | 0.073x | -54.32% |
| 2017-12-31 | $-81.10 Million | $-12.90 Million | 0.159x | -42.87% |
| 2016-12-31 | $33.40 Million | $9.30 Million | 0.278x | -57.38% |
| 2015-12-31 | $141.60 Million | $92.50 Million | 0.653x | +501.88% |
| 2014-12-31 | $85.71 Million | $-13.93 Million | -0.163x | -135.35% |
| 2013-12-31 | $49.92 Million | $22.95 Million | 0.460x | +1071.23% |
| 2012-12-31 | $58.23 Million | $2.29 Million | 0.039x | +116.03% |
| 2011-12-31 | $63.84 Million | $-15.63 Million | -0.245x | -130.53% |
| 2010-12-31 | $91.15 Million | $73.12 Million | 0.802x | +488.28% |
| 2007-12-31 | $1.11 Billion | $151.90 Million | 0.136x | -72.51% |
| 2004-12-31 | $1.01 Billion | $502.79 Million | 0.496x | -39.83% |
| 2003-12-31 | $664.73 Million | $547.99 Million | 0.824x | -91.60% |
| 2002-12-31 | $399.02 Million | $3.91 Billion | 9.809x | -- |