Remitly Pretax Profit Margin from 2010 to 2024

RELY Stock  USD 20.81  0.29  1.41%   
Remitly Global Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to -0.12 in 2024. During the period from 2010 to 2024, Remitly Global Pretax Profit Margin regression line of annual values had r-squared of  0.07 and arithmetic mean of (0.1). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.12)
Current Value
(0.12)
Quarterly Volatility
0.40856584
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Remitly Global over the last few years. It is Remitly Global's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Remitly Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.1)
Geometric Mean0.15
Coefficient Of Variation(411.43)
Mean Deviation0.20
Median(0.12)
Standard Deviation0.41
Sample Variance0.17
Range1.9406
R-Value(0.27)
Mean Square Error0.17
R-Squared0.07
Significance0.33
Slope(0.02)
Total Sum of Squares2.34

Remitly Pretax Profit Margin History

2022 -0.17
2021 -0.0822
2020 -0.12
2018 -0.4
2017 -0.0955
2016 -0.0831
2015 -0.0356

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Pretax Profit Margin, 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
Pretax Profit Margin(0.12)(0.12)

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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.