Remitly Global Inc (NAS:RELY)
$ 13.7 0.07 (0.51%) Market Cap: 2.64 Bil Enterprise Value: 2.51 Bil PE Ratio: 0 PB Ratio: 4.80 GF Score: 41/100
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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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