Remitly Global Inc
(NAS:RELY)
$
19.61
-0.14 (-0.71%)
Market Cap: 3.88 Bil
Enterprise Value: 3.60 Bil
PE Ratio: 0
PB Ratio: 6.14
GF Score: 50/100 Remitly Global Inc at Goldman Sachs Communacopia + Technology Conference Transcript
Sep 07, 2023 / 08:45PM GMT
Release Date Price:
$25.1
(+0.48%)
William Alfred Nance
Goldman Sachs Group, Inc., Research Division - Research Analyst
All right. So next up here is Remitly. We're very happy to have Matt Oppenheimer, CEO of Remitly, Co-Founder Remitly as well. Matt, thanks for joining us, really looking forward to the conversation.
Matthew B. Oppenheimer
Remitly Global, Inc. - Co-Founder, CEO, President & Director
Thanks for having, Will. Great to be here.
Questions & Answers
William Alfred Nance
Goldman Sachs Group, Inc., Research Division - Research Analyst
So look, I mean let's kick it off high level 2 years after the company went public. Stock has roughly doubled year-to-date. Companies tracking to full year adjusted EBITDA profitability. Revenues are growing at 40% to 50%. And what's been driving the momentum in the business more recently?
Matthew B. Oppenheimer
Remitly Global, Inc. - Co-Founder, CEO, President & Director
Yes. I think that it's a continuation. If you look at one of the things
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