Remitly Sets Ambitious Financial Goals, Stock Jumps
Update: 2025-12-10
Description
Remitly, an online money transfer company, recently saw a six percent stock increase following its Investor Day event. The company shared ambitious financial goals for 2026 and 2028, including high teen revenue growth and adjusted earnings of $300 million to $320 million in 2026, and $2.6 billion to $3 billion in revenue with $575 million to $600 million in adjusted earnings by 2028. Remitly aims to balance income growth and profit, targeting a Rule of Forty framework by 2028. Despite the recent stock boost, shares are still down nearly 32 percent since the start of the year.
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