Remitly Current Deferred Revenue from 2010 to 2024

RELY Stock  USD 20.56  0.27  1.30%   
Remitly Global Current Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Current Deferred Revenue is likely to outpace its year average in 2024. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2002-03-31
Previous Quarter
74.8 M
Current Value
-6.2 M
Quarterly Volatility
85.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Remitly Global over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Remitly Global's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Remitly Current Deferred Revenue Regression Statistics

Arithmetic Mean31,219,531
Coefficient Of Variation258.12
Mean Deviation42,721,725
Median5,104,000
Standard Deviation80,582,493
Sample Variance6493.5T
Range316.9M
R-Value(0.39)
Mean Square Error5943.7T
R-Squared0.15
Significance0.15
Slope(6,979,903)
Total Sum of Squares90909.5T

Remitly Current Deferred Revenue History

2024-603.6 K
2023-635.4 K
2022-706 K
202166.7 M
202023 M
201813.5 M
2017M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-635.4 K-603.6 K

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.