Remitly Global Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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.
Sep 30, 2024 · Filed Oct 30, 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 Statements of Stockholders’ Equity for the
Condensed Consolidated Statements of Stockholders’ Equity
For the Three and Nine Months Ended September 30, 2024
(In thousands, except share data)
| Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensive Income (Loss) · AccumulatedDeficit · TotalStockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance as of January 1, 2024 | 188,435,952 | $19 | $1,020,286 | $335 | $(491,303) | $529,337 |
| Issuance of common stock in connection with ESPP | 439,247 | — | 5,004 | — | — | 5,004 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 3,500,485 | — | 2,530 | — | — | 2,530 |
| Taxes paid related to net shares settlement of equity awards | (64,634) | — | (1,366) | — | — | (1,366) |
| Stock-based compensation expense | — | — | 35,575 | — | — | 35,575 |
| Other comprehensive loss | — | — | — | (642) | — | (642) |
| Net loss | — | — | — | — | (21,080) | (21,080) |
| Balance as of March 31, 2024 | 192,311,050 | $19 | $1,062,029 | $(307) | $(512,383) | $549,358 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 2,741,097 | 1 | 1,712 | — | — | 1,713 |
| Issuance of common stock previously held back for acquisition consideration | 131,507 | — | 2,783 | — | — | 2,783 |
| Taxes paid related to net shares settlement of equity awards | (87,676) | — | (1,202) | — | — | (1,202) |
| Stock-based compensation expense | — | — | 38,438 | — | — | 38,438 |
| Other comprehensive loss | — | — | — | (97) | — | (97) |
| Net loss | — | — | — | — | (12,091) | (12,091) |
| Balance as of June 30, 2024 | 195,095,978 | $20 | $1,103,760 | $(404) | $(524,474) | $578,902 |
| Issuance of common stock in connection with ESPP | 387,058 | — | 4,378 | — | — | 4,378 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 2,456,427 | — | 1,560 | — | — | 1,560 |
| Donation of common stock | 181,961 | — | 2,587 | — | — | 2,587 |
| Taxes paid related to net shares settlement of equity awards | (87,579) | — | (1,206) | — | — | (1,206) |
| Stock-based compensation expense | — | — | 40,400 | — | — | 40,400 |
| Other comprehensive income | — | — | — | 2,285 | — | 2,285 |
| Net income | — | — | — | — | 1,917 | 1,917 |
| Balance as of September 30, 2024 | 198,033,845 | $20 | $1,151,479 | $1,881 | $(522,557) | $630,823 |
Condensed Consolidated Statements of Stockholders’ Equity
For the Three and Nine Months Ended September 30, 2023
(In thousands, except share data)
| Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveLoss · AccumulatedDeficit · TotalStockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance as of January 1, 2023 | 173,250,865 | $17 | $854,276 | $(743) | $(373,463) | $480,087 |
| Issuance of common stock in connection with ESPP | 297,095 | — | 2,729 | — | — | 2,729 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 3,589,965 | 1 | 4,992 | — | — | 4,993 |
| Issuance of common stock for acquisition consideration | 590,838 | — | 6,635 | — | — | 6,635 |
| Issuance of common stock, subject to service-based vesting conditions, in connection with acquisition | 104,080 | — | 581 | — | — | 581 |
| Taxes paid related to net shares settlement of equity awards | (99,550) | — | (1,413) | — | — | (1,413) |
| Stock-based compensation expense | — | — | 29,775 | — | — | 29,775 |
| Other comprehensive income | — | — | — | 348 | — | 348 |
| Net loss | — | — | — | — | (28,314) | (28,314) |
| Balance as of March 31, 2023 | 177,733,293 | $18 | $897,575 | $(395) | $(401,777) | $495,421 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 3,468,316 | — | 3,586 | — | — | 3,586 |
| Taxes paid related to net shares settlement of equity awards | (39,883) | — | (698) | — | — | (698) |
| Stock-based compensation expense | — | — | 36,033 | — | — | 36,033 |
| Other comprehensive income | — | — | — | 245 | — | 245 |
| Net loss | — | — | — | — | (18,850) | (18,850) |
| Balance as of June 30, 2023 | 181,161,726 | $18 | $936,496 | $(150) | $(420,627) | $515,737 |
| Issuance of common stock in connection with ESPP | 328,272 | — | 3,317 | — | — | 3,317 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | 3,561,018 | 1 | 3,991 | — | — | 3,992 |
| Donation of common stock | 181,961 | — | 4,600 | — | — | 4,600 |
| Taxes paid related to net shares settlement of equity awards | (104,415) | — | (2,600) | — | — | (2,600) |
| Stock-based compensation expense | — | — | 37,393 | — | — | 37,393 |
| Other comprehensive loss | — | — | — | (992) | — | (992) |
| Net loss | — | — | — | — | (35,655) | (35,655) |
| Balance as of September 30, 2023 | 185,128,562 | $19 | $983,197 | $(1,142) | $(456,282) | $525,792 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.