Remitly Global Inc
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
RELY$23.48-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of and
Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| March 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $285,997 | $323,710 |
| Disbursement prefunding | 202,042 | 195,848 |
| Customer funds receivable, net | 439,183 | 379,417 |
| Prepaid expenses and other current assets | 44,789 | 33,143 |
| Total current assets | 972,011 | 932,118 |
| Property and equipment, net | 19,335 | 16,010 |
| Operating lease right-of-use assets | 10,315 | 9,525 |
| Goodwill | 54,940 | 54,940 |
| Intangible assets, net | 15,427 | 16,642 |
| Other noncurrent assets, net | 7,173 | 7,071 |
| Total assets | $1,079,201 | $1,036,306 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $12,278 | $35,051 |
| Customer liabilities | 192,296 | 177,473 |
| Short-term debt | 2,445 | 2,481 |
| Accrued expenses and other current liabilities | 155,080 | 145,802 |
| Operating lease liabilities | 5,746 | 6,032 |
| Total current liabilities | 367,845 | 366,839 |
| Operating lease liabilities, noncurrent | 5,345 | 4,477 |
| Long-term debt | 150,000 | 130,000 |
| Other noncurrent liabilities | 6,653 | 5,653 |
| Total liabilities | 529,843 | 506,969 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 725,000,000 shares authorized as of March 31, 2024 and December 31, 2023 both; 192,311,050 and 188,435,952 shares issued and outstanding, as of March 31, 2024 and December 31, 2023, respectively | 19 | 19 |
| Additional paid-in capital | 1,062,029 | 1,020,286 |
| Accumulated other comprehensive (loss) income | (307) | 335 |
| Accumulated deficit | (512,383) | (491,303) |
| Total stockholders’ equity | 549,358 | 529,337 |
| Total liabilities and stockholders’ equity | $1,079,201 | $1,036,306 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.