Remitly Global Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $368,097 | $323,710 |
| Disbursement prefunding | 288,934 | 195,848 |
| Customer funds receivable, net | 193,965 | 379,417 |
| Prepaid expenses and other current assets | 46,518 | 33,143 |
| Total current assets | 897,514 | 932,118 |
| Property and equipment, net | 31,566 | 16,010 |
| Operating lease right-of-use assets | 13,002 | 9,525 |
| Goodwill | 54,940 | 54,940 |
| Intangible assets, net | 10,463 | 16,642 |
| Other noncurrent assets, net | 5,386 | 7,071 |
| Total assets | $1,012,871 | $1,036,306 |
| Liabilities and stockholders' equity | ||
| Current liabilities | ||
| Accounts payable | $16,159 | $35,051 |
| Customer liabilities | 188,984 | 177,473 |
| Short-term debt | 2,468 | 2,481 |
| Accrued expenses and other current liabilities | 116,652 | 145,802 |
| Operating lease liabilities | 4,745 | 6,032 |
| Total current liabilities | 329,008 | 366,839 |
| Operating lease liabilities, noncurrent | 9,073 | 4,477 |
| Long-term debt | — | 130,000 |
| Other noncurrent liabilities | 9,319 | 5,653 |
| Total liabilities | 347,400 | 506,969 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 725,000,000 shares authorized as of both December 31, 2024 and 2023; 200,534,626 and 188,435,952 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 20 | 19 |
| Additional paid-in capital | 1,195,390 | 1,020,286 |
| Accumulated other comprehensive (loss) income | (1,658) | 335 |
| Accumulated deficit | (528,281) | (491,303) |
| Total stockholders’ equity | 665,471 | 529,337 |
| Total liabilities and stockholders’ equity | $1,012,871 | $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.