Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
FAIL · Does not pass the screen
21.99 USD
At the last full screen 2026-09-11
Screened 2026-09-11 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Remitly Global, Inc. holds its Distribution at $21.99. Consolidating, no directional conviction, held for 48 days.
As held on the ledger · 2026-09-11
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 48 days
Price at the screen
$21.99
Valuation
15.82 trailing · 13.62 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.36
The Workings
Five Screens, Shown in Full
Does not pass. Accounts receivable
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
13.17%
Below 33%
Interest-bearing debt is just 13.2% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
56.82%
Below 49%
Money owed to the company is 56.8% of assets, above the 49% limit.
Fail
Revenue purity
0.47%
Below 5%
Only 0.5% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-11 screen. The gold marker is the market price at the same screen. A 54.1% margin of safety to the base estimate.
Third-party analyst targets: 9 covering, consensus None. The average target sits +46% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-11 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Workers sending money abroad still face hidden fees
Every time a migrant worker wires cash home from the US or Canada the old banking rails add delays and costs. Remitly offers a cleaner mobile route and is growing revenue at 25 percent a year while trading on a forward multiple of just 14.6 times. The numbers point to real scale, yet our opportunity rating stays at none.
Margins sit at 6 percent and return on equity is only 13 percent, so the business still has plenty to prove on profitability. The moat is unknown and that gap leaves too much uncertainty about whether growth can compound without heavy spending. Analyst targets sit near 30 dollars but we see no edge worth taking.
Risk sits around currency swings and competition from bigger players that can copy the app quickly. Ethical screen clears, yet the lack of a clear advantage keeps us on the sidelines. Analysis, not advice.
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
RELY trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-11Markup$25.75+5.4%Entry 5
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.4% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are down 9%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (9 analysts) rates it strong buy, with a mean price target of $29.
2026-08-11Markup · changed$24.42+28.0%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 28.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are down 9%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (9 analysts) rates it strong buy, with a mean price target of $29.
2026-07-18Distribution$19.08+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading bearish. Over the past year the shares are down 9%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (9 analysts) rates it strong buy, with a mean price target of $29.
2026-07-03Distribution$19.08+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Distribution$19.08Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
