Remitly Global Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
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 Statements of Operations
(In thousands, except share and per share data)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $1,263,963 | $944,285 | $653,560 |
| Costs and expenses | |||
| Transaction expenses(1) | 431,604 | 329,113 | 258,827 |
| Customer support and operations(1) | 83,918 | 82,521 | 68,106 |
| Marketing(1) | 303,799 | 234,417 | 170,970 |
| Technology and development(1) | 269,817 | 219,939 | 138,719 |
| General and administrative(1) | 195,857 | 179,372 | 131,250 |
| Depreciation and amortization | 18,054 | 13,118 | 6,724 |
| Total costs and expenses | 1,303,049 | 1,058,480 | 774,596 |
| Loss from operations | (39,086) | (114,195) | (121,036) |
| Interest income | 8,077 | 7,447 | 4,149 |
| Interest expense | (3,241) | (2,352) | (1,302) |
| Other income (expense), net | 3,999 | (2,838) | 5,213 |
| Loss before provision for income taxes | (30,251) | (111,938) | (112,976) |
| Provision for income taxes | 6,727 | 5,902 | 1,043 |
| Net loss | $(36,978) | $(117,840) | $(114,019) |
| Net loss per share attributable to common stockholders: | |||
| Basic and diluted | $(0.19) | $(0.65) | $(0.68) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders: | |||
| Basic and diluted | 194,646,436 | 180,818,399 | 167,774,123 |
(1) Exclusive of depreciation and amortization, shown separately.
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