Remitly Global Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
RELY$23.97+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $323,710 | $300,635 |
| Disbursement prefunding | 195,848 | 158,055 |
| Customer funds receivable, net | 379,417 | 191,402 |
| Prepaid expenses and other current assets | 33,143 | 19,327 |
| Total current assets | 932,118 | 669,419 |
| Property and equipment, net | 16,010 | 11,546 |
| Operating lease right-of-use assets | 9,525 | 8,675 |
| Goodwill | 54,940 | — |
| Intangible assets, net | 16,642 | — |
| Other noncurrent assets, net | 7,071 | 6,313 |
| Total assets | $1,036,306 | $695,953 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $35,051 | $6,794 |
| Customer liabilities | 177,473 | 111,075 |
| Short-term debt | 2,481 | — |
| Accrued expenses and other current liabilities | 145,802 | 87,752 |
| Operating lease liabilities | 6,032 | 3,521 |
| Total current liabilities | 366,839 | 209,142 |
| Operating lease liabilities, noncurrent | 4,477 | 5,674 |
| Long-term debt | 130,000 | — |
| Other noncurrent liabilities | 5,653 | 1,050 |
| Total liabilities | 506,969 | 215,866 |
| Commitments and contingencies (Note 18) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 725,000,000 shares authorized as of December 31, 2023 and 2022 both; 188,435,952 and 173,250,865 shares issued and outstanding, as of December 31, 2023 and 2022, respectively | 19 | 17 |
| Additional paid-in capital | 1,020,286 | 854,276 |
| Accumulated other comprehensive income (loss) | 335 | (743) |
| Accumulated deficit | (491,303) | (373,463) |
| Total stockholders’ equity | 529,337 | 480,087 |
| Total liabilities and stockholders’ equity | $1,036,306 | $695,953 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.